EIN 51-0205028

Morrisville College Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1976
Most recent tax filings
2023-06-01
Description
The Morrisville College Foundation, Inc (the Foundation) was incorporated as a not-for-profit new york state corporation for the purposes of supporting the educational activities of the state university of new york College of agriculture and technology at Morrisville, new york. The specific activities of the Foundation include, but are not limited to, funding scholarships, providing College assistance, administering endowment funds, and providing on-campus student housing. Morrisville, new york.
Related structure
Morrisville College Foundation is a subordinate organization under Morrisville Auxiliary of State Univ of Ag and Tech at Morrisville Ny and Subs.
Total revenues
$6,055,649
2023
Total expenses
$4,723,935
2023
Total assets
$24,201,215
2023
Num. employees
0
2023

Program areas at Morrisville College Foundation

Scholarship support increased in total this year and as a result the average student award was increased by nearly 10%. This allowed more students to stay enrolled when finances have become an issue.
Temporarily restricted support for campus departments, teams and organizations was up again this year as departments come to rely more heavily on Foundation dollars for their operational budgets. Restricted gifts to departments have become more popular and many smaller campaigns around these departments and the purchase of equipment, software or programming continues to be successful.
Commons revenue recovered this year and the College's improved methods of collecting student rent meant that the commons cash position was much more stable and predictable than in previous years. While occupancy dropped significantly from fall to spring, total occupancy remained over the 80% required in the budget.

Who funds Morrisville College Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Suny Impact FoundationAsap - Ace: Support of Campus & Suny Systems Initiatives$63,636
Suny Impact FoundationNys Tax Credit Donations: Various$36,237
Schwab Charitable FundEducation$30,000
...and 4 more grants received

Personnel at Morrisville College Foundation

NameTitleCompensation
Jamie CyrBoard Member$0
Jennifer BowdenExecutive Director , Mac$0
Theresa R. KevorkianExecutive Director , MCF; Vice President for Institutional Advancement$0
Stephen M. ParavatiBoard Member$0
Mary C. BranhamTreasurer$0
...and 11 more key personnel

Financials for Morrisville College Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,766,923
Program services$4,049,162
Investment income and dividends$79,626
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$159,938
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$6,055,649

Form 990s for Morrisville College Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-062024-02-08990View PDF
2022-062023-01-30990View PDF
2021-062022-01-19990View PDF
2020-062021-04-06990View PDF
2019-062021-01-21990View PDF
...and 10 more Form 990s
Data update history
November 26, 2024
Received grants
Identified 2 new grant, including a grant for $63,636 from Suny Impact Foundation
October 24, 2024
Updated personnel
Identified 5 new personnel
June 5, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 19, 2024
Received grants
Identified 1 new grant, including a grant for $15,000 from The Greater Norwich Foundation
December 25, 2023
Received grants
Identified 2 new grant, including a grant for $42,215 from Suny Impact Foundation
Nonprofit Types
Grantmaking organizationsSchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Partially liquidatedState / local levelEndowed supportProvides scholarshipsGala fundraisersTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
80 Eaton St PO Box 901
Morrisville, NY 13408
Metro area
Syracuse, NY
County
Madison County, NY
Website URL
morrisville.edu 
Phone
(315) 684-6047
IRS details
EIN
51-0205028
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1976
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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