Overview
What is Stony Brook Foundation Inc?
The Stony Brook Foundation Inc, established in 1965, is a not-for-profit corporation based in Stony Brook, New York. With a team of nine dedicated individuals, its mission is to support SUNY Stony Brook by fundraising and managing philanthropic gifts. The organization plays a crucial role in nurturing academic achievement among students and faculty by providing funds to attract and retain exceptional faculty through endowed chairs and professorships. Additionally, it contributes to curriculum enhancement and equips classrooms and laboratories with advanced technology. The Stony Brook Foundation's efforts are essential to advancing the tax-exempt mission of SUNY Stony Brook.
Official website here: www.stonybrook.edu/foundation/
Is Stony Brook Foundation Inc legitimate?
Stony Brook Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stony Brook Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $1,031,436
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,234,659
For more financial information, click here
Official website here: www.stonybrook.edu/foundation/
What is the mission statement of Stony Brook Foundation Inc?
The Stony Brook Foundation Inc is a not-for-profit corporation, established in 1965, dedicated to advancing the tax-exempt mission of SUNY Stony Brook through fundraising efforts. By facilitating, accepting, and managing philanthropic gifts, the foundation supports various academic programs, centers, and institutes at SUNY Stony Brook. This financial assistance enables the attraction and retention of exceptional faculty through the use of endowed chairs and professorships, enhances curriculums, and equips classrooms and laboratories with the latest technology, fostering academic achievement among students and faculty.
Official website here: www.stonybrook.edu/foundation/
Who is the CEO of Stony Brook Foundation Inc?
Justin Fincher is the Executive Director (As Of 08/2021) of Stony Brook Foundation Inc. The CEO's salary of Stony Brook Foundation Inc is $348,640 and their total compensation is $348,640.
Official website here: www.stonybrook.edu/foundation/
What is the revenue of Stony Brook Foundation Inc?
Stony Brook Foundation Inc's revenue in 2022 was $150,444,669.
Official website here: www.stonybrook.edu/foundation/
Who are the executives of Stony Brook Foundation Inc and what are their salaries?
The average compensation at Stony Brook Foundation Inc during 2022 was $1,029,566. There are 9 employees and 89 volunteers at Stony Brook Foundation Inc.
Here are 32 key members and their salaries (Stony Brook Foundation Inc's CEO's salary is $348,640 and their total compensation is $348,640):
- Mr David Marcus (Cio)
- Deborah Lowen-Klein (Senior Associate Vp, Advancement)
- Mr Jason W Hsueh (Cfo & Coo (Thru 02/2022))
- Danielle Holton (Avp, Sbch)
- Carol Gomes (Ceo, Coo Of Sbuh)
- Jo-Ann Daniels (Director, Fin. & Oper. (Thru 04/2022))
- Tara Stenzel-Fleming (Ed Corporate And Fr)
- Justin Fincher (Executive Director (As Of 08/2021))
- Dr Maurie Mcinnis (Ex-Officio Trustee (Voting))
- Kacy Bullard (Cfo & Coo (As Of 02/2022))
- Mr Richard L Gelfond (Trustee, Chair)
- Mr David E Acker (Trustee, Vice Chair)
- Dr Laurie Landeau (Trustee, Vice Chair)
- Dr James H Simons (Trustee, Chair Emeritus)
- Mr Cary F Staller (Trustee, Secretary)
- Dr Nancy Rauch Douzinas (Trustee, Treasurer)
- Dr Ashvin B Chhabra (Trustee)
- Mr Errol A Cockfield (Trustee)
- Dr Barry S Coller (Trustee)
- Mr Guy-Max Delphin (Trustee)
- Mr Barry M Fox Esq (Trustee)
- Mr Stuart D Goldstein (Trustee)
- Ms Karen Keogh (Trustee (Thru 08/2021))
- Mr William L Knapp (Trustee)
- Dr Henry B Laufer (Trustee)
- Ms Dorothy Lichtenstein (Trustee)
- Dr Nirmal Mattoo (Trustee)
- Mr Richard T Nasti Esq (Trustee)
- Mr Bernardo Piqet (Trustee)
- Ms Caroline Ritter (Trustee)
- Mr Russell Shepard (Trustee)
- Mrs Susan Steinhardt Esq (Trustee)
Official website here: www.stonybrook.edu/foundation/
Where can I find the form 990 for Stony Brook Foundation Inc?
The Stony Brook Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.stonybrook.edu/foundation/
Learn more at the official website: www.stonybrook.edu/foundation/
Mission Statement of Stony Brook Foundation Inc
The Stony Brook Foundation, Inc. is a not-for-profit corporation, established in 1965, dedicated to advancing the tax-exempt mission of SUNY Stony Brook through fundraising efforts. In simple terms, this organization exists to facilitate, accept, and manage philanthropic gifts on behalf of SUNY Stony Brook. By doing so, it supports various academic programs, centers, and institutes at the university.
The Stony Brook Foundation plays a crucial role in nurturing academic achievement among SUNY Stony Brook students and faculty. It achieves this by providing funds to attract and retain exceptional faculty through the use of endowed chairs and endowed professorships. These positions not only bring in top talent but also foster a stimulating academic environment. Furthermore, the foundation aids in curriculum enhancement and equips classrooms and laboratories with the latest technology. These investments enable students and faculty to conduct cutting-edge research and remain at the forefront of their respective fields.
Impact
This information is meant to be a general summary of Stony Brook Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Stony Brook Foundation Inc has a significant impact in advancing the mission of SUNY Stony Brook through its fundraising efforts. By providing funding to support various academic programs, centers, and institutes, the foundation nurtures academic achievement among SUNY Stony Brook students and faculty. Additionally, the foundation helps attract and retain exceptional faculty through endowed chairs and professorships, aids in curriculum enhancement, and equips classrooms and laboratories with the latest technology. Through these initiatives, Stony Brook Foundation Inc plays a crucial role in enhancing the educational experience and academic success at SUNY Stony Brook.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACTUAL AGENCY FEE
Revenue
$1,726,607
Organization Details
Founding Year
1965
Phone
(631) 632-6536
Principal Officer
Justin Fincher
Main Address
230 ADMINISTRATION, STONY BROOK, NY, 11794
NTEE Category
Code: B82 - Education
If you are a representative of Stony Brook Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.