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College Foundation At Delhi Inc

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

EIN: 166064771 ✦ Delhi, NY ✦ Designated as a 501(c)(3)

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Overview

What is College Foundation At Delhi Inc?

College Foundation at Delhi Inc. is a nonprofit organization situated in Delhi, New York. Their primary mission involves managing donations for SUNY Delhi, offering financial aid to its students, and contributing to the personal and professional development of its faculty and staff. They operate an educational golf course as a training ground for students in golf course construction, operations, turf, and horticultural programs. As of November 2021, the management of the golf course was transferred to SUNY Delhi, and the foundation now rents the facilities back to the college.


Official website here: www.delhi.edu/about/advancement/college-foundatio

What are the reviews and ratings of this charity?

96% rating from Charity Navigator indicates that College Foundation At Delhi Inc has achieved a Four-Star out of Four Star rating, reflecting a high level of accountability and financial health. This score is based entirely on a single beacon score that emphasizes the organization's commitment to transparent and responsible financial practices.

The organization demonstrates significant strengths, such as having an independent board with 91% of its members being independent. This independence is crucial for unbiased governance. Additionally, the financial oversight is robust, with a perfect score in the audit and oversight committee, and the organization has no reported material diversion of assets.

Financially, College Foundation At Delhi Inc shows a strong program expense ratio of 83.01%, indicating that a substantial portion of its funds goes directly to its programs. The low liabilities to assets ratio of 6.58% further underscores its solid financial position. Overall, the data suggests a well-managed organization with effective policies in place to uphold accountability and transparency.


This AI summary has been generated from information found on Charity Navigator.

Is College Foundation At Delhi Inc legitimate?

College Foundation At Delhi Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. College Foundation At Delhi 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $57,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.delhi.edu/about/advancement/college-foundatio

What is the mission statement of College Foundation At Delhi Inc?

The College Foundation at Delhi Inc's primary mission involves accepting and managing donations for SUNY Delhi. They utilize these funds to provide financial assistance to students attending the university. Additionally, the foundation aims to support the welfare and professional growth of the faculty and staff at SUNY Delhi. In an educational capacity, the foundation operates a golf course as a learning laboratory, offering training programs in golf course construction, operations, turf, and horticulture. Previously, the foundation managed the golf course operations, but as of November 2021, these responsibilities were transferred to SUNY Delhi. Now, the foundation rents the golf course back to the college.


Official website here: www.delhi.edu/about/advancement/college-foundatio

Who is the CEO of College Foundation At Delhi Inc?

Joel M Smith is the Executive Director of College Foundation At Delhi Inc.


Official website here: www.delhi.edu/about/advancement/college-foundatio

What is the revenue of College Foundation At Delhi Inc?

College Foundation At Delhi Inc's revenue in 2022 was $2,505,756.


Official website here: www.delhi.edu/about/advancement/college-foundatio

Who are the executives of College Foundation At Delhi Inc and what are their salaries?


Here are 17 key members and their salaries:


Joel M Smith (Executive Director)
  • Compensation: $58,500
  • Related: $0
  • Other: $0
Edwin Griswold (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Lefkowitz (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Bishop (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael T Sullivan (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael R Laliberte (Former Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ana Almanzar (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Helstosky (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Riddell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Foote (Former Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Frisbee (Former Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Sawicki (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darryl Sheetz (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Bonderoff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Hayes (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Fichten (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Gioffe (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.delhi.edu/about/advancement/college-foundatio

Where can I find the form 990 for College Foundation At Delhi Inc?

College Foundation At Delhi Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.delhi.edu/about/advancement/college-foundatio

Learn more at the official website: www.delhi.edu/about/advancement/college-foundatio

Mission Statement of College Foundation At Delhi Inc

The College Foundation at Delhi Inc, a nonprofit organization, is primarily dedicated to accepting and managing gifts, making financial assistance grants to students of SUNY Delhi, and contributing to the welfare, personal, and professional growth of the faculty and staff at SUNY Delhi. This mission serves to enhance the overall well-being and development of the SUNY Delhi community.

In its mission, the College Foundation at Delhi Inc plays a crucial role in supporting SUNY Delhi students financially, enabling them to pursue their education without undue financial burden. The foundation also contributes to the professional growth of the faculty and staff at SUNY Delhi, fostering an environment conducive to learning and personal development.

Additionally, the College Foundation at Delhi Inc operates a golf course as an educational laboratory, providing students with valuable training in golf course construction, operations, turf, and horticultural programs. Prior to November 2021, the operations of the golf course were managed by the foundation. Since then, the foundation has leased the golf course to SUNY Delhi. This unique initiative not only provides students with practical, hands-on experience but also contributes to the development of a diverse skill set that can be beneficial in various career paths.

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Impact




October, 2024

College Foundation At Delhi Inc significantly enhances the educational landscape at SUNY Delhi by managing financial gifts and grants that directly benefit students. Through its support, the foundation provides essential financial assistance, making higher education more accessible to students in need.

One of the foundation's notable initiatives is the operation of a golf course, which serves as an educational laboratory. This program offers students hands-on training in golf course construction, operations, turf management, and horticulture. By facilitating practical learning experiences, students gain valuable skills and knowledge that are integral to their professional development.

Furthermore, the foundation plays a vital role in promoting the welfare and continuous professional growth of the faculty and staff at SUNY Delhi. By investing in the development of individuals within the college community, the foundation contributes to an enriched academic environment that benefits all students.

Overall, College Foundation At Delhi Inc fosters a culture of support and growth, ensuring that both students and faculty have the resources and opportunities needed to succeed in their educational pursuits.




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


Financials

This financial information is from Propublica.

Revenue
$2,505,756 (2022)
Expenses
$1,887,235 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $995,365
  • Program Service Revenue: $647,599
  • Gross Receipts: $3,666,765

Assets and Liabilities:

  • Total Assets: $17,067,424
  • Total Liabilities: $759,626
  • Net Assets: $16,307,798

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Programs

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

GOLF COURSE AND CLUBHOUSE

Revenue

$411,188

ALUMNI FEES

Revenue

$97,768

ADMIN FEES

Revenue

$86,495

PROGRAM FEES

Revenue

$52,148

Organization Details

Founding Year

1964

Principal Officer

Joel M Smith

Main Address

454 DELHI DRIVE BUSH HALL ROOM 172, DELHI, NY, 13753

NTEE Category

Code: B42I - Education

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