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    3. Foundation of the State University of New York at Binghamton
    Foundation of the State University of New York at Binghamton logo

    Foundation of the State University of New York at Binghamton

    ActivePublic CharityEducation
    BINGHAMTON, NYWebsiteEIN: 16-60537102 filings on record

    About Foundation of the State University of New York at Binghamton

    To advance Binghamton University by securing philanthropic support for students, faculty, research, programs and long-term institutional priorities through gifts, endowed funds and planned giving.

    Focus Areas

    Higher educationScholarshipsEndowed fundsPlanned givingDonor advised funds

    Who They Fund

    university/college facultycollege/university studentsalumnihigher education institutions (administrative units)

    Funding Style

    unrestricted supportprogram supportoperational/administrative support

    About Foundation of the State University of New York at Binghamton

    A defining feature of Foundation of the State University of New York at Binghamton Inc is its large institutional transfers to support Binghamton University and related campus operations. In the latest grants list, the foundation made an $84,184,036 unrestricted support grant to Greater Horizons in Kansas City, Missouri, alongside a $70,271,155 grant in 2023 for faculty and student program support at State University of New York at Binghamton. That same institutional pattern appears again in 2024, when the foundation granted $15,123,872 to the university for faculty and student program support. The foundation also supports the Binghamton University Alumni Association, with grants of $290,000 in 2024 and $230,000 in 2023 for alumni operations. Across these grants, the funding profile centers on university-level support, student aid structures, faculty and student programming, alumni operations, and endowed or planned-giving-related priorities tied to Binghamton University.

    What Foundation of the State University of New York at Binghamton Funds

    Scholarships are a named program area for the foundation, which establishes or contributes to named scholarships and endowed funds that provide financial awards to Binghamton University students. The grant program description ties those awards to donor intent and student financial aid. Faculty and student programming is another visible focus: the foundation granted $70,271,155 in 2023 to State University of New York at Binghamton for faculty and student program support, then followed with a $15,123,872 grant in 2024 for the same purpose. Alumni operations also receive support, shown by a $290,000 grant in 2024 to the State University of New York at Binghamton Alumni Association for alumni operations. The foundation’s stated priorities also include endowed funds and planned giving.

    How Foundation of the State University of New York at Binghamton Gives

    Grant size is highly uneven. The distribution shows a p25 of $290,000, a median of $15,123,872, and a p75 of $70,271,155, reflecting a mix of very large institutional grants and much smaller operating support. The foundation is a public charity and a regular funder, not a funder of individuals, and it does not make program-related investments. The recent grants list shows repeat support to the same university and alumni association across 2023 and 2024, indicating an ongoing relationship rather than one-off giving. It also uses unrestricted support in at least one major grant.

    Financial Snapshot

    Annual Giving

    $99.6M

    Total Assets

    $468.8M

    Total Revenue

    $82.8M

    Total Expenses

    $111.8M

    Typical Grant Size

    Most grants fall between $290K and $70.3M, with a median of $15.1M.

    25th Percentile

    $290K

    Median

    $15.1M

    75th Percentile

    $70.3M

    Geographic Reach

    Local2 states funded

    About 80% of grants go to recipients in MO.

    Funding intensity
    Low
    High
    Headquarters

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    Topics

    faculty development and supportstudent program support (co-curricular and academic)alumni relations and alumni operationsinstitutional advancement for higher education

    Where Foundation of the State University of New York at Binghamton Makes Grants

    Giving is local in scope and heavily concentrated in New York, with 80% of grants going to recipients in the HQ state. The recent grants list places multiple awards in Binghamton, New York, including support for the university and its alumni association. The only non-New York recipient named in the recent grants is Greater Horizons in Kansas City, Missouri. Recipient-country data shows all grants in the United States.

    Frequently Asked Questions About Foundation of the State University of New York at Binghamton

    What does Foundation of the State University of New York at Binghamton Inc support?

    It supports Binghamton University through gifts, endowed funds, and planned giving, with named priorities including scholarships, faculty and student program support, alumni operations, and institutional support tied to higher education.

    Does the foundation accept unsolicited applications?

    No. The active scholarship program is listed as not accepting unsolicited requests.

    Who receives support from this foundation?

    The recent grants show support to State University of New York at Binghamton, the State University of New York at Binghamton Alumni Association, and Greater Horizons. The beneficiary types listed include university and college faculty, students, alumni, and higher education administrative units.

    What is a typical grant size?

    The grant-size distribution is wide: p25 is $290,000, the median is $15,123,872, and p75 is $70,271,155. That points to a pattern of large institutional grants, with smaller awards also present.

    Is the giving concentrated in one place?

    Yes. The foundation’s giving is local, and 80% of grants go to recipients in New York. Recent grants also show repeated funding in Binghamton, New York, with one grant to Kansas City, Missouri.

    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    GREATER HORIZONSKANSAS CITY, MO$84,184,0362024UNRESTRICTED SUPPORT
    STATE UNIVERSITY OF NEW YORK AT BINGHAMTONBINGHAMTON, NY$15,123,8722024FACULTY AND STUDENT PROGRAM SUPPORT
    STATE UNIVERSITY OF NEW YORK AT BINGHAMTON ALUMNI ASSOCIATIONBINGHAMTON, NY$290,0002024SUPPORT OF ALUMNI OPERATIONS
    STATE UNIVERSITY OF NEW YORK AT BINGHAMTONBINGHAMTON, NY$70,271,1552023FACULTY AND STUDENT PROGRAM SUPPORT
    STATE UNIVERSITY OF NEW YORK AT BINGHAMTON ALUMNI ASSOCIATIONBINGHAMTON, NY$230,0002023SUPPORT OF ALUMNI OPERATIONS

    GREATER HORIZONS

    $84,184,036
    KANSAS CITY, MO2024

    UNRESTRICTED SUPPORT

    STATE UNIVERSITY OF NEW YORK AT BINGHAMTON

    $15,123,872
    BINGHAMTON, NY2024

    FACULTY AND STUDENT PROGRAM SUPPORT

    STATE UNIVERSITY OF NEW YORK AT BINGHAMTON ALUMNI ASSOCIATION

    $290,000
    BINGHAMTON, NY2024

    SUPPORT OF ALUMNI OPERATIONS

    STATE UNIVERSITY OF NEW YORK AT BINGHAMTON

    $70,271,155
    BINGHAMTON, NY2023

    FACULTY AND STUDENT PROGRAM SUPPORT

    STATE UNIVERSITY OF NEW YORK AT BINGHAMTON ALUMNI ASSOCIATION

    $230,000
    BINGHAMTON, NY2023

    SUPPORT OF ALUMNI OPERATIONS