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Suny Impact Foundation Inc

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

EIN: 814591892 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Suny Impact Foundation Inc?

Suny Impact Foundation Inc, based in New York City, New York, is a nonprofit organization committed to supporting the State University of New York (SUNY) in enhancing student success. Authorized by New York State, the organization administers a tax credit program, enabling individual taxpayers to claim a state tax credit equal to 85% of their donation amount, for the tax year following the donation. The funds raised through this program are utilized to finance a range of initiatives and schools within the SUNY system. The Suny Impact Foundation's mission is to amplify successful student initiatives across SUNY, focusing on aspects such as access, retention, completion, and career readiness for students across the SUNY system. The foundation collaborates with philanthropies and private sector partners to maximize investments in student success initiatives.


Official website here: www.sunyimpactfoundation.org

Is Suny Impact Foundation Inc legitimate?

Suny Impact Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suny Impact 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.sunyimpactfoundation.org

What is the mission statement of Suny Impact Foundation Inc?

The Suny Impact Foundation's mission is focused on supporting the State University of New York (SUNY) in enhancing student success. The foundation aims to scale effective initiatives that impact access, retention, completion, and career readiness for students across the SUNY system. To achieve this, the Suny Impact Foundation collaborates with philanthropies and private sector partners, leveraging investments in student success initiatives.


Official website here: www.sunyimpactfoundation.org

Who is the CEO of Suny Impact Foundation Inc?

Marianne Hassan is the Secretary And Director of Suny Impact Foundation Inc.


Official website here: www.sunyimpactfoundation.org

What is the revenue of Suny Impact Foundation Inc?

Suny Impact Foundation Inc's revenue in 2023 was $11,509,044.


Official website here: www.sunyimpactfoundation.org

Who are the executives of Suny Impact Foundation Inc and what are their salaries?

Here are 8 key members and their salaries:

    Deborah Stanley (Chairperson (Thru Jan 2023)) [Trustee/Director]
  • Compensation: $0
  • Related: $455,971
  • Other: $118,265

    • Marianne Hassan (Acting Executive Director)
  • Compensation: $0
  • Related: $224,086
  • Other: $69,951

    • James Malatras (Former Chairman (Thru Jan 2022))
  • Compensation: $0
  • Related: $75,123
  • Other: $132,090

    • Joseph Belluck (Secretary And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • H Carl Mccall (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbaralee Diamonstein-Spielvogel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Merryl Tisch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John B King (Chairperson (From Jan 2023)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.sunyimpactfoundation.org

    Where can I find the form 990 for Suny Impact Foundation Inc?

    The Suny Impact Foundation Inc’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.sunyimpactfoundation.org

    Learn more at the official website: www.sunyimpactfoundation.org

    Mission Statement of Suny Impact Foundation Inc

    The Suny Impact Foundation's mission is centered around supporting the State University of New York (SUNY) in boosting student success. This philanthropic organization aims to facilitate the expansion of initiatives that have proven effective in enhancing access, retention, completion, and career readiness among SUNY students. The Suny Impact Foundation collaborates with various philanthropies and private sector partners to maximize investments in these student success initiatives across the SUNY system. By leveraging these collaborations, the foundation seeks to amplify the impact of these successful strategies, ultimately contributing to the overall improvement of educational outcomes for students within the SUNY system.

    Impact

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




    Saturday, July 20, 2024

    Suny Impact Foundation Inc's impact lies in its mission to support the State University of New York (SUNY) in driving student success. By leveraging investments from philanthropies and private sector partners, the Foundation works to scale up successful initiatives that impact access, retention, completion, and career readiness for students across the SUNY system. Additionally, the organization administers a New York State tax credit program, where individual taxpayers making authorized contributions can receive a tax credit equal to 85% of the donation amount, which in turn supports various SUNY system-wide initiatives and schools. Through these efforts, the Suny Impact Foundation Inc plays a crucial role in enhancing educational opportunities and outcomes for students within the SUNY system.





    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 2023.

  • Investment Income: $-9,718
  • Program Service Revenue: $0
  • Gross Receipts: $15,060,779

    • Assets and Liabilities:
  • Total Assets: $1,907,662
  • Total Liabilities: $8,500
  • Net Assets: $1,899,162
  • Organization Details

    Founding Year

    2016

    Principal Officer

    Marianne Hassan

    Main Address

    116 EAST 55TH STREET, NEW YORK, NY, 10022

    NTEE Category

    Code: B12 - Education

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