OLD WESTBURY COLLEGE FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

OLD WESTBURY COLLEGE FOUNDATION INC

EIN 11-2162880 · Private Independent Foundations (T22)

What they do

to PROVIDE RESOURCES, DEVELOP RELATIONSHIPS, CREATE ADDITIONAL AWARENESS and OFFER GUIDANCE WHEN APPROPRIATE to ENSURE CONTINUOUS PROGRESS IN THE DEVELOPMENT of SUNY OLD WESTBURYS ACADEMIC PROGRAMS, STUDENT LIFE, and COMMUNITY RELATIONS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders37 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

42.64%of revenue went to mission work84.8% of expenses · Program services

0.24%of revenue went to fundraising0.5% of expenses

$50.29spent for every $100 of revenueRevenue covered expenses this year.

7.41%of revenue went to management and office costs14.7% of expenses

$9.79in assets for every $1 spent this yearSome assets cannot be spent right away.

73.0%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$747,370

Mission workProgram services$318,65942.64% of revenue84.8% of expenses

ManagementOffice and general costs$55,3747.41% of revenue14.7% of expenses

FundraisingAsking for donations$1,8000.24% of revenue0.5% of expenses

Revenue left after expensesReported annual surplus$371,53749.71% of revenueShown in gray on the chart

Total expenses$375,83350.29% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.8% mission · 14.7% management · 0.5% fundraisingTotal expenses: 50.29% of revenue

2023Expense mix: 86.6% mission · 12.6% management · 0.8% fundraisingTotal expenses: 54.18% of revenue

2022Expense mix: 90.9% mission · 8.5% management · 0.6% fundraisingTotal expenses: 88.85% of revenue

2021Expense mix: 90.3% mission · 9.2% management · 0.5% fundraisingTotal expenses: 90.82% of revenue

2020Expense mix: 83.1% mission · 12.0% management · 4.9% fundraisingTotal expenses: 52.10% of revenue

2019Expense mix: 84.5% mission · 12.2% management · 3.3% fundraisingTotal expenses: 58.58% of revenue

2017Expense mix: 85.5% mission · 10.0% management · 4.4% fundraisingTotal expenses: 68.09% of revenue

2016Expense mix: 89.5% mission · 7.2% management · 3.4% fundraisingTotal expenses: 70.81% of revenue

Money in and money out

Revenue$747,370

Expenses$375,833

Annual surplus $371,537 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$318,659 · 84.8% of expenses

Management and office costs$55,374 · 14.7% of expenses

Fundraising$1,800 · 0.5% of expenses

See all reported dollar amounts

Revenue$747,370

Expenses$375,833

Assets$3,678,085

Income$2,228,521

Contributions$545,780

Mission work (program services)$318,659

Fundraising$1,800

Management and general$55,374

Stocks and bonds$1,902,572

Accounting fees$17,274

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (37)

RHONDA L MACOTRUSTEE (THRU MARCH 2025)

LARRY LAWSONTRUSTEE (THRU SEPT 2024)

LUIS RASTRUSTEE (THRU SEPT 2024)

MAGDALONIE PARIS-CAMPBELLTRUSTEE

MAGDY SHADYTRUSTEE

MICHELLE DIBENEDETTOTRUSTEE (THRU SEPT 2024)

NATALIE MALATINOTRUSTEE (THRU MAY 2025)

NORA BASSETTCHAIRPERSON

RALPH L JOHNSONTRUSTEE

RAVISHANKAR BHOOPLAPURTRUSTEE

KERRY RUOFFTRUSTEE (THRU SEPT 2024)

STEVEN CONNOLLYTRUSTEE

TIMOTHY CONERSTRUSTEE

TIMOTHY E SAMSTRUSTEE

TRACY L DEANGELIS-BUSCHTRUSTEE

VIVIANA RUSSELLTRUSTEE

WALTER E ODEN IITRUSTEE

WILLIAM KING MOSS IIITRUSTEE

YIYAO CHANDLER ZHANGTRUSTEE (THRU JUNE 2025)

DR STEPHANIE SCHNEIDERTRUSTEE

ANA TAVARESTRUSTEE

ANGELA WAMBUGU COBBEXECUTIVE DIRECTOR

DEREK PETERSONTRUSTEE

DONALD GELESTINOTRUSTEE

DR ANDREA ELDER-HOWELLTRUSTEE

DR FAROQUE KHANTRUSTEE

DR KYLE ANDERSONTRUSTEE (THRU MARCH 2025)

DR LORRAINE CADOGAN-COCHRANETRUSTEE

ALEXANDER H MUNTRUSTEE (THRU MARCH 2025)

ELIZABETH CUSTODIOTRUSTEE

ERIC SCHWARTZTRUSTEE (THRU MARCH 2025)

GARY CASIMIRTRUSTEE

JANET H SHINTRUSTEE (THRU MARCH 2025)

JASON SANDOVALTRUSTEE

JOSEPH SHEEHANVICE CHAIR

JOSEPH CONRAD LEWISTRUSTEE

KEITH R ENGLEYTREASURER

About this charity

Recognized since: January 1982
Location: PO BOX 210, OLD WESTBURY, NY 11568-0210
County: Nassau
In care of: % STATE UNIVERSITY OF NY COLLEGE AT
Primary officer: ANGELA WAMBUGU COBB, EXECUTIVE DIRECTOR

How to reach them

Phone(516) 876-3207

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: SHEEHAN & COMPANY CPA PC
NTEE classification: Private Independent Foundations (T22)
IRS tax category: Private Independent Foundations