SUNY NEW PALTZ FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

SUNY NEW PALTZ FOUNDATION INC

EIN 22-2141645 · Student Services (B80)

What they do

THE MISSION of THE SUNY NEW PALTZ FOUNDATION is to SEEK, SECURE and MANAGE GIFTS and GRANTS to FUND SCHOLARSHIPS and PROGRAMS THAT ENRICH and SUPPORT THE ACADEMIC, CULTURAL and COMMUNITY LIFE of SUNY NEW PALTZ, and to BUILD A LASTING ENDOWMENT for THE UNIVERSITYS FUTURE.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $75.30 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 leaders26 people are listed in the latest report.

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

Money made simple

29.20%of revenue went to mission work75.3% of expenses · Program services

4.65%of revenue went to fundraising12.0% of expenses

$38.79spent for every $100 of revenueRevenue covered expenses this year.

4.95%of revenue went to management and office costs12.8% of expenses

$22.67in assets for every $1 spent this yearSome assets cannot be spent right away.

75.7%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.

Pay context: The highest compensation shown in this filing is $87,823 for DARRELL WHEELER (DIRECTOR / SUNY NEW PALTZ PRESIDENT). Compare pay with organizations of similar size and complexity.

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$8,003,900

Mission workProgram services$2,336,76229.20% of revenue75.3% of expenses

ManagementOffice and general costs$396,0104.95% of revenue12.8% of expenses

FundraisingAsking for donations$372,2454.65% of revenue12.0% of expenses

Revenue left after expensesReported annual surplus$4,898,88361.21% of revenueShown in gray on the chart

Total expenses$3,105,01738.79% 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: 75.3% mission · 12.8% management · 12.0% fundraisingTotal expenses: 38.79% of revenue

2023Expense mix: 80.8% mission · 10.1% management · 9.1% fundraisingTotal expenses: 32.30% of revenue

2022Expense mix: 80.8% mission · 10.9% management · 8.3% fundraisingTotal expenses: 71.20% of revenue

2021Expense mix: 77.8% mission · 16.5% management · 5.7% fundraisingTotal expenses: 47.40% of revenue

2020Expense mix: 82.8% mission · 14.7% management · 2.5% fundraisingTotal expenses: 56.40% of revenue

2019Expense mix: 83.5% mission · 9.8% management · 6.8% fundraisingTotal expenses: 74.59% of revenue

2018Expense mix: 81.6% mission · 8.5% management · 9.9% fundraisingTotal expenses: 43.48% of revenue

2017Expense mix: 78.4% mission · 14.1% management · 7.6% fundraisingTotal expenses: 20.47% of revenue

Money in and money out

Revenue$8,003,900

Expenses$3,105,017

Annual surplus $4,898,883 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)$2,336,762 · 75.3% of expenses

Management and office costs$396,010 · 12.8% of expenses

Fundraising$372,245 · 12.0% of expenses

See all reported dollar amounts

Revenue$8,003,900

Expenses$3,105,017

Assets$70,400,967

Income$12,070,196

Contributions$6,056,532

Mission work (program services)$2,336,762

Fundraising$372,245

Grants given$247,306

Average grant$123,653

Management and general$396,010

Stocks and bonds$48,312,143

Accounting fees$25,930

Investing fees$134,093

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

DARRELL WHEELERDIRECTOR / SUNY NEW PALTZ PRESIDENT · 2 hrs/week $87,823Base · Other $87,823

ERICA MARKSEXECUTIVE DIRECTOR / VP OF DEVELOPMENT · 30 hrs/week $60,292Base · Other $60,292

JULIA DAVISCFO · 40 hrs/week $10,852Base · Other $10,852

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

DARRELL WHEELERDIRECTOR / SUNY NEW PALTZ PRESIDENT

ERICA MARKSEXECUTIVE DIRECTOR / VP OF DEVELOPMENT

JULIA DAVISCFO

JAMES F PASSIKOFFDIRECTOR

VILICIA CADE 88DIRECTOR

TAMAH WIEGANDCHAIR

STEPHANIE RAYMONDDIRECTOR

SHARIF JAMALDIRECTOR

SEAN FOOTE 96DIRECTOR

PHIL BERKOWITZ 75DIRECTOR

PAUL LLEWELLYN 91DIRECTOR

MICHELE DI PALO-WILLIAMS 77SECRETARY

JOSEPH GARAY 78DIRECTOR

JO ANN GOLDEN 69DIRECTOR

JEFFERY KORN ESQ 79SECOND CHAIR

BARBARA ESMARK 84DIRECTOR

ITA RAHILLYDIRECTOR

IRA SCHRECK 74DIRECTOR

GIANCARLO TRAVERSODIRECTOR

FITZARNAZ DRUMMOND 06TREASURER

FAHAD AHMED 06DIRECTOR

ELIZBETH PEREZ 98DIRECTOR

EDWARD CARROLL 85DIRECTOR

DION BACCUS 92DIRECTOR

DENNIS MCSHANE 77DIRECTOR

COL JOSEPH DAVIDSON 90FIRST CHAIR

About this charity

Recognized since: January 1977
Location: 1 HAWK DRIVE, NEW PALTZ, NY 125612443
County: Ulster
In care of: JONATHAN VAUGHN
Primary officer: JONATHAN VAUGHN, INTERIM EXECUTIVE DIRECTOR

How to reach them

WebsiteVisit the charity’s website EmailNPFund@newpaltz.edu Phone(845) 257-3232

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: FUSTCHARLES LLP
NTEE classification: Student Services (B80)
IRS tax category: Student Services
Grant-giving organization: Yes