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University At Albany Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141503972 ✦ Albany, NY ✦ Designated as a 501(c)(3)

Overview

What is University At Albany Foundation?

The University At Albany Foundation is a nonprofit organization based in Albany, New York, with a mission to support and advance the welfare of the State University of New York at Albany (University), its students, faculty, staff, and alumni. Established under Section 501(c)(3) of the Internal Revenue Code, the Foundation manages and invests donated funds for their promotion and development. The organization, which employs nine individuals, has provided scholarships, awards, and emergency student assistance to over 2,700 individuals. Its purpose is to encourage and accept donations, hold and invest the funds, and make disbursements for the benefit of the University and related organizations.


Official website here: www.albany.edu/uafoundation

Is University At Albany Foundation legitimate?

University At Albany Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. University At Albany Foundation 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: $282,570
Professional Fundraising Fees: $22,500
Other Salaries and Wages: $378,623

For more financial information, click here


Official website here: www.albany.edu/uafoundation

What is the mission statement of University At Albany Foundation?

The University At Albany Foundation functions with the objective of encouraging donations, managing and investing funds, and making disbursements to support the advancement and welfare of the State University of New York at Albany (University). This includes students, faculty, staff, and other qualifying organizations under Section 501(C)(3) of the Internal Revenue Code. The mission encompasses providing assistance to the University for its continued development and promotion.


Official website here: www.albany.edu/uafoundation

Who is the CEO of University At Albany Foundation?

Fardin Sanai is the Chief Financ of University At Albany Foundation.


Official website here: www.albany.edu/uafoundation

What is the revenue of University At Albany Foundation?

University At Albany Foundation's revenue in 2022 was $16,220,435.


Official website here: www.albany.edu/uafoundation

Who are the executives of University At Albany Foundation and what are their salaries?

The average compensation at University At Albany Foundation during 2022 was $73,466. There are 9 employees and 37 volunteers at University At Albany Foundation.

Here are 41 key members and their salaries:

    Richard Mcginn Jr (Chief Financ)
  • Compensation: $213,585
  • Related: $0
  • Other: $22,392

    • Christopher Losavio (Controller)
  • Compensation: $130,430
  • Related: $0
  • Other: $13,838

    • Francis Zeronda (Admin Counse)
  • Compensation: $119,059
  • Related: $0
  • Other: $12,912

    • Fardin Sanai (Executive Di)
  • Compensation: $11,794
  • Related: $0
  • Other: $0

    • Havidan Rodriguez (Director)
  • Compensation: $4,153
  • Related: $0
  • Other: $0

    • George Hearst Iii (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lewis Wiener (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey Black (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Straughter (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nolan Altman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Borys (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Bulger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Castellana (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Saul Curtis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kathleen Dennis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louis Desorbo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julianna Defeo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elda Di Re (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lisa Fund (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Haggerty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keith Hynes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sharon Kantor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Amy Knapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roanne Kulakoff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Lanford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maryanne Lavan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Meg Picotte Macclarence (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Naumann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • William Newman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Daniel Nolan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debra Pollard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly Sanger Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Shipherd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maureen Sweeney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edward Swyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Weilheimer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Yang (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Todd Foreman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Canon Kay Hotaling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.albany.edu/uafoundation

    Where can I find the form 990 for University At Albany Foundation?

    The University At Albany Foundation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.albany.edu/uafoundation

    Learn more at the official website: www.albany.edu/uafoundation

    Mission Statement of University At Albany Foundation

    University At Albany Foundation, a charitable organization, is dedicated to encouraging donations and managing funds for the benefit of the State University of New York at Albany (University). Its primary objective is to support the University, its students, faculty, staff, and alumni, as well as other qualifying non-profit organizations under Section 501(C)(3) of the tax code. The Foundation's mission involves receiving, accepting, holding, investing, and disbursing money and property for the promotion, development, and advancement of the University's welfare. Through its philanthropic actions, the University At Albany Foundation plays a vital role in enhancing the University's growth and success.

    Impact

    This information is meant to be a general summary of University At Albany Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The University at Albany Foundation's impact is significant in promoting, developing, and advancing the welfare of the State University of New York at Albany, its students, faculty, staff, and alumni. Through administering funds for higher education programs, the foundation provides scholarships, awards, and emergency student assistance to individuals, benefiting a total of 2,765 recipients. The foundation's focus on supporting educational initiatives and aiding the university community contributes to the overall growth and success of the institution.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $4,612,687
  • Program Service Revenue: $684,262
  • Gross Receipts: $31,787,591

    • Assets and Liabilities:
  • Total Assets: $162,512,695
  • Total Liabilities: $13,562,329
  • Net Assets: $148,950,366
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ADMINISTRATIVE FEE INCOME

    Revenue

    $430,223

    PROGRAM ACTIVITIES

    Revenue

    $254,039

    Organization Details

    Founding Year

    1967

    Principal Officer

    Fardin Sanai

    Main Address

    1400 WASHINGTON AVENUE UAB 226, ALBANY, NY, 12222

    NTEE Category

    Code: B110 - Education

    If you are a representative of University At Albany Foundation 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.