Overview
What is State University Of New York At Oneonta Foundation Corporation?
The State University of New York at Oneonta Foundation Corporation is a nonprofit organization situated in Oneonta, New York. Its primary mission is to augment the academic stature of the State University of New York at Oneonta by raising and managing funds through endowments, scholarships, and various institutional programs. This charitable entity has been instrumental in providing over a thousand scholarships, awards, and support for diverse activities within the university. By doing so, it contributes significantly to enhancing the educational opportunities and experiences for students and faculty at this esteemed institution.
Official website here: www.suny.oneonta.edu/suny-oneonta-foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star rating)
The State University Of New York At Oneonta Foundation Corporation has achieved a perfect score of 100%, reflecting its strong performance across multiple evaluation criteria on Charity Navigator. The organization excels particularly in accountability and finance, impact and measurement, culture and community, and leadership and adaptability, all of which received full marks. This indicates a well-managed nonprofit with a strong commitment to transparency and effective financial practices.
One notable strength of the foundation is its fully independent board, which consists of 28 members, ensuring that decision-making is free from conflicts of interest. Additionally, the foundation demonstrates a remarkable program expense ratio of 88.49%, indicating that a significant portion of its funds is directed towards its programs. The organization also effectively collects and utilizes feedback, enhancing its responsiveness to community needs and driving impactful initiatives.
Despite its outstanding ratings, the foundation's leadership adaptability score is noted to be lower in comparison to other categories, although it still achieved a 100%. The organization has shown a proactive approach to fundraising by pivoting efforts toward the SUNY Oneonta Student Emergency Fund, successfully raising over $250,000 to support students in need during challenging times. This adaptability suggests a strong alignment with its mission while responding effectively to external challenges.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about State University Of New York At Oneonta Foundation Corporation?
88% of 919 reviewers on Facebook recommend the State University of New York at Oneonta Foundation Corporation. Here is a summary of their reviews:
Many individuals appreciate the supportive nature of the staff, noting their helpfulness towards both students and parents. This commitment to assistance appears to foster a positive environment and enhance the overall educational experience.
Overall, the sentiment towards the foundation is largely favorable, with a clear indication that they are successfully meeting the needs of the community they serve.
This AI summary has been generated from reviews found on Facebook.
Is State University Of New York At Oneonta Foundation Corporation legitimate?
State University Of New York At Oneonta Foundation Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. State University Of New York At Oneonta Foundation Corporation 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:
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For more financial information, click here
Official website here: www.suny.oneonta.edu/suny-oneonta-foundation
What is the mission statement of State University Of New York At Oneonta Foundation Corporation?
The State University of New York at Oneonta Foundation Corporation's mission is centered around raising and managing funds to enhance the academic standing of the university. This is achieved through endowments, scholarships, and institutional programs. The organization supports and strengthens the fundraising initiatives of the State University of New York at Oneonta. The primary goal is to provide financial aid for student scholarships, faculty/student research, lectureships, and various academic and institutional programs. As of now, the foundation has provided over a thousand scholarships, awards, and support to specific activities within the State University of New York at Oneonta.
Official website here: www.suny.oneonta.edu/suny-oneonta-foundation
Who is the CEO of State University Of New York At Oneonta Foundation Corporation?
Paul J Adamo is the Principal Officer of State University Of New York At Oneonta Foundation Corporation.
Official website here: www.suny.oneonta.edu/suny-oneonta-foundation
What is the revenue of State University Of New York At Oneonta Foundation Corporation?
State University Of New York At Oneonta Foundation Corporation's revenue in 2023 was $6,220,840.
Official website here: www.suny.oneonta.edu/suny-oneonta-foundation
Who are the executives of State University Of New York At Oneonta Foundation Corporation and what are their salaries?
There 28 volunteers at State University Of New York At Oneonta Foundation Corporation.
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Official website here: www.suny.oneonta.edu/suny-oneonta-foundation
Where can I find the form 990 for State University Of New York At Oneonta Foundation Corporation?
State University Of New York At Oneonta Foundation Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.suny.oneonta.edu/suny-oneonta-foundation
Learn more at the official website: www.suny.oneonta.edu/suny-oneonta-foundation
Mission Statement of State University Of New York At Oneonta Foundation Corporation
The State University of New York at Oneonta Foundation Corporation's mission is centered around raising and administering charitable contributions to enhance the academic standing of the university. Specifically, they focus on endowments, scholarships, and institutional programs. Their primary objective is to bolster the fundraising initiatives of the State University of New York at Oneonta, thereby securing resources for student scholarships, faculty/student research, lectureships, and numerous academic and institutional programs. Through their efforts, they have provided over a thousand scholarships, awards, and support to various activities that are specific to the State University of New York at Oneonta. This commitment to academic enhancement and financial aid demonstrates the foundation's dedication to strengthening the educational opportunities for students at this university.
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Impact
October, 2024
The State University of New York at Oneonta Foundation Corporation plays a crucial role in enhancing the academic environment at SUNY Oneonta. Through the administration of gifts and grants, the Foundation has significantly contributed to the university's fundraising efforts, allowing for the establishment of over 1,000 scholarships and awards. These financial supports are vital in providing students with access to educational opportunities that may otherwise be unattainable.
The Foundation's focus on endowments and scholarships ensures that students can pursue their academic goals while alleviating financial burdens. Furthermore, by supporting faculty and student research, as well as various institutional programs and lecture series, the Foundation fosters an enriching educational experience that benefits the entire university community. Overall, the impact of the State University of New York at Oneonta Foundation Corporation can be seen in the strengthened academic status of the university and the enhanced opportunities available to its students and faculty.
This information is meant to be a general summary of State University Of New York At Oneonta Foundation Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $2,303,015
- Gross Receipts: $8,077,419
Assets and Liabilities:
- Total Assets: $76,580,047
- Total Liabilities: $125,023
- Net Assets: $76,455,024
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Organization Details
Founding Year
1982
Phone
(607) 436-2535Principal Officer
Paul J Adamo
Main Address
108 RAVINE PKWY ALUMNI HALL 038, ONEONTA, NY, 13820
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