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STONY BROOK FOUNDATION INC

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Public IRS 990 nonprofit record

STONY BROOK FOUNDATION INC

EIN 11-6077945 · Education (B112)

What they do

THE STONY BROOK FOUNDATION, INC. is A NOT-FOR-PROFIT, "NO MEMBER" CORPORATION ESTABLISHED IN 1965. SBF EXISTS to ADVANCE THE MISSION and GOALS of SUNY STONY BROOK BY FACILITATING, ACCEPTING and MANAGING PHILANTHROPIC GIFTS. (CONTINUED ON SCHEDULE O).

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $67.60 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 leaders31 people are listed in the latest report.

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

Money made simple

24.30%of revenue went to mission work67.6% of expenses · Program services
4.76%of revenue went to fundraising13.2% of expenses
$35.97spent for every $100 of revenueRevenue covered expenses this year.
6.91%of revenue went to management and office costs19.2% of expenses
$17.71in assets for every $1 spent this yearSome assets cannot be spent right away.
85.4%of its money came from giftsOther money may come from services or investments.

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  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. 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 $812,799 for MR DAVID MARCUS (CIO). 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.

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$232,533,635
Mission workProgram services$56,506,70524.30% of revenue67.6% of expenses
ManagementOffice and general costs$16,063,6846.91% of revenue19.2% of expenses
FundraisingAsking for donations$11,069,6834.76% of revenue13.2% of expenses
Revenue left after expensesReported annual surplus$148,893,56364.03% of revenueShown in gray on the chart
Total expenses$83,640,07235.97% 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: 67.6% mission · 19.2% management · 13.2% fundraisingTotal expenses: 35.97% of revenue
2023Expense mix: 67.8% mission · 22.4% management · 9.8% fundraisingTotal expenses: 18.24% of revenue
2022Expense mix: 75.5% mission · 16.2% management · 8.2% fundraisingTotal expenses: 81.13% of revenue
2021Expense mix: 72.3% mission · 20.8% management · 6.9% fundraisingTotal expenses: 42.37% of revenue
2020Expense mix: 63.7% mission · 31.8% management · 4.5% fundraisingTotal expenses: 56.07% of revenue
2019Expense mix: 64.8% mission · 27.3% management · 7.9% fundraisingTotal expenses: 81.29% of revenue
2018Expense mix: 72.2% mission · 19.9% management · 7.9% fundraisingTotal expenses: 77.41% of revenue
2017Expense mix: 72.9% mission · 20.5% management · 6.6% fundraisingTotal expenses: 74.13% of revenue

Money in and money out

Revenue$232,533,635
Expenses$83,640,072
Annual surplus $148,893,563 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)$56,506,705 · 67.6% of expenses
Management and office costs$16,063,684 · 19.2% of expenses
Fundraising$11,069,683 · 13.2% of expenses
See all reported dollar amounts
Revenue$232,533,635
Expenses$83,640,072
Assets$1,481,679,910
Income$636,768,688
Contributions$198,681,528
Mission work (program services)$56,506,705
Fundraising$11,069,683
Grants given$122,182,410
Average grant$2,656,139
Management and general$16,063,684
Stocks and bonds$387,063,600
Accounting fees$206,542
Investing fees$10,077,511
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
MR DAVID MARCUSCIO · 38 hrs/week $812,799Base $581,853 · Other $230,946
DANIELLLE HOLTONAVP, SBCH · 38 hrs/week $429,712Base $307,500 · Other $122,212
KACY BULLARDCFO & COO · 38 hrs/week $392,055Base $280,555 · Other $111,500
CAROL GOMESCEO, COO OF SBUH · 1 hrs/week $387,325
DEBORAH LOWEN-KLEINSENIOR ASSOCIATE VP, ADVANCEMENT · 38 hrs/week $381,027Base $272,661 · Other $108,366
TARA STENZEL-FLEMINGAVP, PRINCIPAL GIFTS & SFI · 38 hrs/week $322,253Base $230,604 · Other $91,649
DAVID SMITHSBF CONTROLLER · 38 hrs/week $293,637Base $210,125 · Other $83,512
JUSTIN FINCHEREXECUTIVE DIRECTOR (THRU 2/2025) · 38 hrs/week $105,865
DR RICHARD MCCORMICK -SBU PRESEX-OFF TRUS (VOTING) (AS OF 8/2024) · 3 hrs/week $57,204

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 (31)

MR DAVID MARCUSCIO

DANIELLLE HOLTONAVP, SBCH

KACY BULLARDCFO & COO

CAROL GOMESCEO, COO OF SBUH

DEBORAH LOWEN-KLEINSENIOR ASSOCIATE VP, ADVANCEMENT

TARA STENZEL-FLEMINGAVP, PRINCIPAL GIFTS & SFI

DAVID SMITHSBF CONTROLLER

JUSTIN FINCHEREXECUTIVE DIRECTOR (THRU 2/2025)

DR RICHARD MCCORMICK -SBU PRESEX-OFF TRUS (VOTING) (AS OF 8/2024)

MR DAVID E ACKERTRUSTEE, VICE CHAIR

SCOTT BARRETTINTERIM EXECUTIVE DIR (AS OF 3/2025)

MS MARILYN SIMONSTRUSTEE

MS CAROLINE RITTERTRUSTEE

MRS SUSAN STEINHARDT ESQTRUSTEE

MR WILLIAM L KNAPPTRUSTEE, TREASURER

MR STUART D GOLDSTEINTRUSTEE

MR RUSSELL SHEPARDTRUSTEE

MR RICHARD T NASTI ESQTRUSTEE

MR RICHARD L GELFONDTRUSTEE, CHAIR

MR GUY-MAX DELPHINTRUSTEE

MR ERROL A COCKFIELDTRUSTEE

DR HENRY B LAUFERTRUSTEE

DR ASHVIN B CHHABRATRUSTEE

MR CARY F STALLERTRUSTEE, SECRETARY

MR BERNARDO PIQUETTRUSTEE

MR BARRY M FOX ESQTRUSTEE

DR BARRY S COLLERTRUSTEE

DR VINCENT DELLA PIETRATRUSTEE

DR STEPHEN DELLA PIETRATRUSTEE

DR NIRMAL MATTOOTRUSTEE

DR LAURIE LANDEAUTRUSTEE, VICE CHAIR

About this charity

Recognized since
January 1967
Location
STONY BROOK FOUNDATION, STONY BROOK, NY 11794-0001
County
Suffolk
In care of
KACY BULLARD
Primary officer
KACY BULLARD, CFO & COO

How to reach them

Filing and classification

Latest tax year
2024
Tax period began
July 1, 2024
Return type
990
Tax preparer
GRANT THORNTON ADVISORS LLC
NTEE classification
Education (B112)
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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