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Stony Brook Foundation

Stony Brook, NY · EIN 11-6077945 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Stony Brook Foundation reported $232.5 million in revenue and $83.6 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $67.56 went to program services, $19.21 to management and general costs and $13.23 to fundraising. Its largest source of revenue was contributions and grants: 85.4% of the total. The highest compensation it reported for one person was $812,799 (CIO). 29 people received more than $100,000 in reportable compensation. Revenue rose 273% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $84M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $233M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
67.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
19.2%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
13.2%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.06$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
85.4%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
1.1%69.9%
Highest reported compensation
Part VII-A, columns D–F
$812,799$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.97%1.28%
People paid over $100,000
Part VII, line 2
298
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
194.913.3
Independent voting board members
Part VI 1a–1b
19 of 22100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$24M expenses · 43.0% of program spending · grants $12M

Stony Brook Foundation provided funding to support various suny Stony Brook academic programs, centers and institutes in order to nurture academic achievement among suny Stony Brook students and faculty by providing funds to attract and retain exceptional faculty through the use of endowed chairs and endowed professorships, aid in curriculum enhancement as well as equip classrooms and laboratories with the latest technology

$15M expenses · 27.2% of program spending · grants $10M · revenue $2.5M

Stony Brook Foundation provided suny Stony Brook funds for various institutional support, including but not limited to: funding construction of cutting-edge facilities such as the indoor training center for athletics as well as substantial renovations of the current existing Stony Brook university hospital, subsidized funding to support various suny Stony Brook strategic academic initiatives, and Stony Brook university departments such as mathematics, physics and the turkana basin institute, an academic base for scientific research and training in paleontology and paleoanthropology

$5.9M expenses · 10.5% of program spending · grants $5.3M

Stony Brook Foundation provided various student financial support to suny Stony Brook as well as to suny Stony Brook's students to assist in their effort of delivering a world-class education at a remarkably affordable prices and to keep recruiting the best young minds and future leaders from across the socioeconomic spectrum. Enhanced support for faculty and increased engagement

$11M all other programs (line 4d)

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
CIO
Officer, 37.50 hrs/week
$581,853$0$230,946$812,799
AVP, SBCH
Highest compensated employee, 37.50 hrs/week
$307,500$0$122,212$429,712
CFO & COO
Officer, 37.50 hrs/week
$280,555$0$111,500$392,055
CEO, COO OF SBUH
Highest compensated employee, 1.00 hrs/week
$387,325$0$0$387,325
SENIOR ASSOCIATE VP, ADVANCEMENT
Highest compensated employee, 37.50 hrs/week
$272,661$0$108,366$381,027
AVP, PRINCIPAL GIFTS & SFI
Highest compensated employee, 37.50 hrs/week
$230,604$0$91,649$322,253
SBF CONTROLLER
Highest compensated employee, 37.50 hrs/week
$210,125$0$83,512$293,637
EXECUTIVE DIRECTOR (THRU 2/2025)
Officer, 37.50 hrs/week
$105,865$0$0$105,865

29 people received more than $100,000 in reportable compensation from Stony Brook Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.4M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$200M$400M$600M$800MFY2020FY2021FY2022FY2023FY2024FY2025$233M$84M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$233M$84M67.6%$1.36B$812,799
FY2024 ⓘ$421M$77M67.8%$1.14B$767,693
FY2023 ⓘ$79M$64M75.5%$760M$606,876
FY2022 ⓘ$150M$64M72.3%$727M$613,199
FY2021 ⓘ$129M$72M63.7%$673M$516,108
FY2020 ⓘ$62M$51M64.8%$534M$542,564

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b22 · 19 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 511
  • Volunteers Part I, line 620

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
INVESTMENT MANAGER CO SBF
Investment mgmt
$2,563,666
INVESTMENT MANAGER CO SBF
Investment mgmt
$1,306,242
INVESTMENT MANAGER CO SBF
Investment mgmt
$798,766
SULLIVAN & CO MKTG COLLATERAL LLC
Campaign design
$675,580
INVESTMENT MANAGER CO SBF
Investment mgmt
$648,952

Individuals listed as contractors are left out. 28 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Stony Brook Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Stony Brook Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of Stony Brook Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, Stony Brook Foundation reported that 67.6% of its $83.6 million in expenses went to program services, 19.2% to management and general and 13.2% to fundraising (Form 990, Part IX).

How much does Stony Brook Foundation pay its top executive?

The largest total compensation Stony Brook Foundation reported for one person in the fiscal year ending June 30, 2025 was $812,799, for the role of CIO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Stony Brook Foundation get its money?

Of $232.5 million in revenue in the fiscal year ending June 30, 2025, 85.4% came from contributions and grants and 1.1% from program service revenue (Form 990, Part VIII).

Is Stony Brook Foundation a registered charity?

The IRS lists EIN 11-6077945 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621349349311867 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501329349304030 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441299349302114 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202321329349301777 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231319349303503 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111349349303171 · read the filing

All filings for EIN 11-6077945: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.