EIN 81-4591892

Suny Impact Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2016
Most recent tax filings
2024-06-01
Description
The Suny Impact Foundation supports the State University of New York (Suny) in scaling successful initiatives for student success, working with philanthropies and private sector partners to leverage investments. In addition to supporting Suny's coronavirus response through the Suny Together assistance program, the organization is authorized by NYS to administer a tax credit program for individual taxpayers who contribute to their mission. The foundation is located in New York, NY.
Total revenues
$13,855,479
2024
Total expenses
$11,805,094
2024
Total assets
$4,361,703
2024
Num. employees
0
2024

Program areas at Suny Impact Foundation

New york state ("nys") tax credit program: the organization is authorized by nys to administer a tax credit program, whereby individual taxpayers making authorized contributions to the organization may be eligible to claim a nys tax credit equal to 85% of the donation amount for the tax year after the donation is made. Funds received under this program are used to support a variety of Suny system-wide initiatives and Suny schools.
Support of Suny scholarships and fellowships: grants and donations to the organization are used to make grants available to Suny research universities, academic medical centers, liberal arts colleges, community colleges and colleges of technology that are part of the Suny system.
Support of Suny system and campus initiatives: grants and donations to the organization from the philanthropic community and corporate partners are used to expand access to academic excellence, service learning and student well-being through grantmaking for Suny's research universities, academic medical centers, liberal arts colleges, community colleges and colleges of technology that comprise the Suny system.

Grants made by Suny Impact Foundation

GranteeGrant descriptionAmount
University at Buffalo FoundationNys Tax Credit Donations: Various$2,015,121
Binghamton University FoundationNys Tax Credit Donations: Various$1,658,474
University at Albany FoundationNys Tax Credit Donations: Various$1,425,275
...and 51 more grants made totalling $10,894,705

Who funds Suny Impact Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Brightway Education FoundationGeneral & Unrestricted$331,061
Solon E. Summerfield Foundation (SESF)Program Support - Ace$250,000
Solon E. Summerfield Foundation (SESF)Program Support - Asap$250,000
...and 6 more grants received

Personnel at Suny Impact Foundation

NameTitleCompensation
Nisha AtreExecutive Director
Marianne HassanPast Acting Executive Director$0
John B KingChairperson$0
James MalatrasFormer Chairman$0
Deborah StanleyChairperson$0
...and 5 more key personnel

Financials for Suny Impact Foundation

RevenuesFYE 06/2024
Total grants, contributions, etc.$13,864,309
Program services$0
Investment income and dividends$3,144
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-11,974
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$13,855,479

Form 990s for Suny Impact Foundation

Fiscal year endingDate received by IRSFormPDF link
2024-062024-10-24990View PDF
2023-062023-10-25990View PDF
2022-062022-10-25990View PDF
2021-062021-11-07990View PDF
2020-062021-04-14990View PDF
...and 3 more Form 990s
Data update history
November 27, 2024
Posted financials
Added Form 990 for fiscal year 2024
November 23, 2024
Received grants
Identified 3 new grant, including a grant for $250,000 from Solon E. Summerfield Foundation (SESF)
October 20, 2024
Updated personnel
Identified 1 new personnel
August 25, 2024
Received grants
Identified 3 new grant, including a grant for $331,061 from Brightway Education Foundation
December 3, 2023
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationProvides grantsEndowed supportProvides scholarshipsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
116 E 55th St
New York, NY 10022
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
sunyimpactfoundation.org/ 
Phone
(212) 364-5788
IRS details
EIN
81-4591892
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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