Foundation of the State University of New York at Binghamton
Foundation of the State University of New York at Binghamton reported $56.5 million in revenue and $33.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.18 went to program services, $5.34 to management and general costs and $9.48 to fundraising. Its largest source of revenue was investment income: 63.5% of the total. Government grants made up 6.3%. The highest compensation it reported for one person was $394,544 (EXECUTIVE DIRECTOR). Revenue fell 19% 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 $33MFor 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 $57MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 85.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 5.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 9.5% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.21 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 27.1% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.3% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.1% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $394,544 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 1.19% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 175.0 | 13.3 |
| Independent voting board members Part VI 1a–1b | 36 of 39 | 100.0% |
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 expenseSupport of activities of the university by means of scholarships and grants to qualifying students ($7,743,652), financial assistance to the programs and activities of the faculty and students of the university ($19,099,955), and allocated administrative expenses for these programs ($1,403,580)
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| EXECUTIVE DIRECTOR Officer, 30.50 hrs/week | $0 | $342,132 | $52,412 | $394,544 |
0 people received more than $100,000 in reportable compensation from Foundation of the State University of New York at Binghamton (Part VII, line 2).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b39 · 36 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 2No
- 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 4No
- Over $15,000 of professional fundraising services Part IV 18Yes
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
- Volunteers Part I, line 6250
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| STALWART DEVELOPMENT GROUP LLC | $2,155,022 |
| KEYSTONE ASSOCIATES ARCHITECTS ENGINEER Architect | $670,916 |
| MERCER INVESTMENTS LLC Investment consultant | $252,899 |
| HUNT ENGINEERS ARCHITECTS LAND SURVEYO Architect | $158,255 |
Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.
Private foundation grants it received
17 private foundations reported grants to Foundation of the State University of New York at Binghamton totaling $820K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Foundation of the State University of New York at Binghamton's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Foundation of the State University of New York at Binghamton, you can publish a response that is linked from this page.
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Of every $100 Foundation of the State University of New York at Binghamton spent in FY2025, $85.18 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Illinois CollegeJacksonville, IL · revenue $56M · programs 89.8% · FY2025
- Breck SchoolGolden Valley, MN · revenue $57M · programs 79.6% · FY2025
- The Gamecock ClubColumbia, SC · revenue $56M · programs 85.2% · FY2025
- The Kenan-Flagler Business School FoundationChapel Hill, NC · revenue $57M · programs 100.0% · FY2025
- Wisconsin Lutheran CollegeMilwaukee, WI · revenue $56M · programs 89.6% · FY2025
Questions people ask
How much of Foundation of the State University of New York at Binghamton's spending goes to programs?
In the fiscal year ending June 30, 2025, Foundation of the State University of New York at Binghamton reported that 85.2% of its $33.2 million in expenses went to program services, 5.3% to management and general and 9.5% to fundraising (Form 990, Part IX).
How much does Foundation of the State University of New York at Binghamton pay its top executive?
The largest total compensation Foundation of the State University of New York at Binghamton reported for one person in the fiscal year ending June 30, 2025 was $394,544, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Foundation of the State University of New York at Binghamton get its money?
Of $56.5 million in revenue in the fiscal year ending June 30, 2025, 27.1% came from contributions and grants (including 6.3% from government grants) and 0.1% from program service revenue (Form 990, Part VIII).
Is Foundation of the State University of New York at Binghamton a registered charity?
The IRS lists EIN 16-6053710 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 202610479349300116 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202443169349304339 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202303139349304010 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202213189349302291 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202143149349302279 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202013149349301581 · read the filing
All filings for EIN 16-6053710: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.