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THE MISSION OF THE UNIVERSITY AT ALBANY FOUNDATION IS TO ENCOURAGE, RECEIVE, ACCEPT, HOLD, INVEST, AND MANAGE MONEY AND PROPERTY OF EVERY DESCRIPTION, AND THE DISBURSEMENT THEREOF FOR THE PROMOTION, DEVELOPMENT ANDADVANCEMENT OF THE WELFARE OF THE STATE UNIVERSITY OF NEW YORK AT ALBANY (UNIVERSITY), ITS STUDENTS, FACULTY, STAFF AND ALUMNI, AND ANY OTHER ORGANIZATION, QUALIFIED AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE CODE AND ITS REGULATIONS, WHICH HAS AMONG ITS CORPORATE PURPOSES PROVIDING ASSISTANCE TO THE UNIVERSITY.
Source: IRS Form 990 (Tax Year 2023)
Source: IRS e-Filed Form 990 (from the IRS e-File system), Tax Year 2022
Total Revenue
▼$23.8M
Program Spending
81%
of total expenses go to program services
Total Contributions
$21.5M
Total Expenses
▼$10.2M
Total Assets
$183.7M
Total Liabilities
▼$13.3M
Net Assets
$170.4M
Officer Compensation
→$275.5K
Other Salaries
$421.4K
Investment Income
$1.9M
Fundraising
▼$48.6K
Tax Year 2022 · Source: IRS Form 990, Schedule I (Grants and Other Assistance)
Total grants awarded: $486.9K
| Recipient | Location | Amount | Type | Purpose |
|---|---|---|---|---|
STATE UNIVERSITY OF NEW YORK AT ALBANY14-7400260 | ALBANY, NY | $248.6K | Non-Cash | CAPITAL CONTRIBUTION |
PARSONS CHILD AND FAMILY CENTER14-1347440 | ALBANY, NY | $75K | Cash | PROGRAM SUPPORT |
ALBANY MEDICAL COLLEGE14-1338310 | ALBANY, NY | $59.9K | Cash | HEALTH RESEARCH |
STATE UNIVERSITY OF NEW YORK AT ALBANY14-7400260 | ALBANY, NY | $48K | Non-Cash | FOOD PANTRY |
SOUTH COLONIE CENTRAL SCHOOL DISTRICT14-6001364 | ALBANY, NY | $20.4K | Cash | PROGRAM SUPPORT |
MISCI MUSEUM OF INNOVATION AND SCIENCE14-1275432 | SCHENECTADY, NY | $10K | Cash | SPONSORSHIP |
| ALBANY, NY | $10K | Cash | INTERNSHIP SUPPORT | |
| ALBANY, NY | $9,100 | Cash | INTERNSHIP SUPPORT | |
| TAMPA, FL | $6,000 | Cash | SPONSORSHIP | |
| Total | $486.9K | |||
ALBANY, NY
$248.6K
ALBANY, NY
$75K
ALBANY, NY
$59.9K
ALBANY, NY
$48K
ALBANY, NY
$20.4K
SCHENECTADY, NY
$10K
$10K
$9,100
$6,000
Source: USAspending.gov
No federal awards found for this organization.
USAspending.gov tracks federal grants, cooperative agreements, and other financial assistance. Not all nonprofits receive federal funding.
Source: Federal Audit Clearinghouse (fac.gov)
No federal single audit records found for this organization.
Single audits are required for entities expending $750,000+ in federal awards annually.
Tax Year 2022 · Source: IRS e-Filed Form 990Schedule J available
Individuals serving as officers, directors, or trustees of the organization.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other |
|---|
Source: IRS Publication 78, Auto-Revocation List & e-Postcard Data
Tax-deductible contributions: Yes
Deductibility code: PC
Sources: IRS e-Filed Form 990 (XML) & ProPublica Nonprofit Explorer
Scroll →
| Year | Revenue | Contributions | Expenses | Assets | Net Assets |
|---|---|---|---|---|---|
| 2023 | $23.8M | $21.5M | $10.2M | $183.7M | $170.4M |
| 2022IRS e-File | $23.8M | $21.5M | $10.2M | $183.7M | $170.4M |
| 2021 | $19.2M | $10.9M | $6.9M | $168.5M | $153.8M |
| 2020 | $17.2M | $11.6M |
Sources: ProPublica Nonprofit Explorer & IRS e-File Index
| Tax Year | Form Type | Source | Documents |
|---|---|---|---|
| 2024 | 990 | IRS e-File | PDF not yet published by IRSView Filing → |
| 2023 | 990 | DataIRS e-File | |
| 2022 | 990 | DataIRS e-File |
Financial data: IRS e-Filed Form 990 (Tax Year 2022)
Leadership & compensation: IRS e-Filed Form 990, Part VII (Tax Year 2022)
Organization info: IRS Business Master File
Tax-deductibility: IRS Publication 78
| Total |
|---|
| Richard Mcginn Jr | Chief Financial Officer | 24.4 | $225K | $0 | $24.4K | $249.4K |
| Fardin Sanai | Executive Director | 5 | $14.8K | $0 | $0 | $14.8K |
| George Hearst Iii | President | 1 | $0 | $0 | $0 | $0 |
| Lewis Wiener | Vice President | 1 | $0 | $0 | $0 | $0 |
| Jeffrey Black | Treasurer | 1 | $0 | $0 | $0 | $0 |
| Brian Straughter | Secretary | 1 | $0 | $0 | $0 | $0 |
Richard Mcginn Jr
Chief Financial Officer
$249.4K
Hrs/Wk
24.4
Compensation
$225K
Related Orgs
$0
Other
$24.4K
Fardin Sanai
Executive Director
$14.8K
Hrs/Wk
5
Compensation
$14.8K
Related Orgs
$0
Other
$0
George Hearst Iii
President
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lewis Wiener
Vice President
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jeffrey Black
Treasurer
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Brian Straughter
Secretary
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Highest compensated employees who are not officers or directors.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Christopher Losavio | Controller | 30 | $136K | $0 | $14.8K | $150.8K |
| Francis Zeronda | Administrative Counsel | — | $114.3K | $0 | $12.9K | $127.2K |
Christopher Losavio
Controller
$150.8K
Hrs/Wk
30
Compensation
$136K
Related Orgs
$0
Other
$14.8K
Francis Zeronda
Administrative Counsel
$127.2K
Hrs/Wk
—
Compensation
$114.3K
Related Orgs
$0
Other
$12.9K
Members of the governing board. Board members often serve without compensation.
| Name | Title | Hrs/Wk | Compensation | Related Orgs | Other | Total |
|---|---|---|---|---|---|---|
| Amy Knapp | Director | 1 | $0 | $0 | $0 | $0 |
| Canon Kay Hotaling | Director | 1 | $0 | $0 | $0 | $0 |
| Daniel Nolan | Director | 1 | $0 | $0 | $0 | $0 |
| Debra Pollard | Director | 1 | $0 | $0 | $0 | $0 |
| Edward Swyer | Director | 1 | $0 | $0 | $0 | $0 |
| Elda Di Re | Director | 1 |
Amy Knapp
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Canon Kay Hotaling
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Daniel Nolan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
| $9.9M |
| $129.2M |
| $116.8M |
| 2019 | $16.2M | $11.4M | $6.6M | $125.8M | $115.1M |
| 2018 | $14M | $9.9M | $8.2M | $113M | $104.6M |
| 2017 | $11.7M | $9.5M | $7.7M | $101M | $96.2M |
| 2016 | $18.7M | $16.7M | $6.8M | $88.8M | $85.8M |
| 2015 | $14.9M | $11.9M | $6M | $76.8M | $75.7M |
| 2014 | $11.7M | $8.8M | $5.8M | $71.7M | $69.9M |
| 2013 | $9.6M | $6.7M | $4.9M | $61.9M | $59.7M |
| 2012 | $7M | $6.1M | $7.8M | $54.2M | $51.8M |
| 2011 | $5.4M | $5M | $4.5M | $108.8M | $96.9M |
| 2021 | 990 | Data | PDF not yet published by IRS |
| 2020 | 990 | Data |
| 2019 | 990 | Data |
| 2018 | 990 | Data |
| 2017 | 990 | Data |
| 2016 | 990 | Data |
| 2015 | 990 | Data |
| 2014 | 990 | Data |
| 2013 | 990 | Data |
| 2012 | 990 | Data |
| 2011 | 990 | Data |
| 2010 | 990 | — |
| 2009 | 990 | — |
| 2008 | 990 | — |
| 2007 | 990 | — |
| 2006 | 990 | — |
| 2005 | 990 | — |
| 2004 | 990 | — |
| 2003 | 990 | — |
| 2002 | 990 | — |
| 2001 | 990 | — |
| $0 |
| $0 |
| $0 |
| $0 |
| Havidan Rodriguez | Director | 1 | $6,156 | $0 | $0 | $6,156 |
| John Naumann | Director | 1 | $0 | $0 | $0 | $0 |
| Jonathan Jones | Director | 1 | $0 | $0 | $0 | $0 |
| Julianna Defeo | Director | 1 | $0 | $0 | $0 | $0 |
| Kathleen Dennis | Director | 1 | $0 | $0 | $0 | $0 |
| Keith Hynes | Director | 1 | $0 | $0 | $0 | $0 |
| Kimberly Sanger Jones | Director | 1 | $0 | $0 | $0 | $0 |
| Lisa Fund | Director | 1 | $0 | $0 | $0 | $0 |
| Louis Desorbo | Director | 1 | $0 | $0 | $0 | $0 |
| Mark Yang | Director | 1 | $0 | $0 | $0 | $0 |
| Mary Haggerty | Director | 1 | $0 | $0 | $0 | $0 |
| Maryanne Lavan | Director | 1 | $0 | $0 | $0 | $0 |
| Maureen Sweeney | Director | 1 | $0 | $0 | $0 | $0 |
| Meg Picotte Macclarence | Director | 1 | $0 | $0 | $0 | $0 |
| Michael Borys | Director | 1 | $0 | $0 | $0 | $0 |
| Michael Castellana | Director | 1 | $0 | $0 | $0 | $0 |
| Michael Weilheimer | Director | 1 | $0 | $0 | $0 | $0 |
| Nolan Altman | Director | 1 | $0 | $0 | $0 | $0 |
| Peter Bulger | Director | 1 | $0 | $0 | $0 | $0 |
| Rebecca Stafford | Director | 1 | $0 | $0 | $0 | $0 |
| Roanne Kulakoff | Director | 1 | $0 | $0 | $0 | $0 |
| Robert Schwartz | Director | 1 | $0 | $0 | $0 | $0 |
| Saul Curtis | Director | 1 | $0 | $0 | $0 | $0 |
| Sharon Kantor | Director | 1 | $0 | $0 | $0 | $0 |
| Susan Shipherd | Director | 1 | $0 | $0 | $0 | $0 |
| Todd Foreman | Director | 1 | $0 | $0 | $0 | $0 |
| William Lanford | Director | 1 | $0 | $0 | $0 | $0 |
| William Newman | Director | 1 | $0 | $0 | $0 | $0 |
Debra Pollard
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Edward Swyer
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Elda Di Re
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Havidan Rodriguez
Director
$6,156
Hrs/Wk
1
Compensation
$6,156
Related Orgs
$0
Other
$0
John Naumann
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Jonathan Jones
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Julianna Defeo
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kathleen Dennis
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Keith Hynes
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Kimberly Sanger Jones
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Lisa Fund
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Louis Desorbo
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mark Yang
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Mary Haggerty
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Maryanne Lavan
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Maureen Sweeney
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Meg Picotte Macclarence
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael Borys
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael Castellana
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Michael Weilheimer
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Nolan Altman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Peter Bulger
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Rebecca Stafford
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Roanne Kulakoff
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Robert Schwartz
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Saul Curtis
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Sharon Kantor
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Susan Shipherd
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
Todd Foreman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
William Lanford
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0
William Newman
Director
$0
Hrs/Wk
1
Compensation
$0
Related Orgs
$0
Other
$0