2024-05-15T15:18:26-04:00 2023-06-30 990 2022-07-01 042661048 FITCHBURG STATE UNIVERSITY FOUNDATION INC % Jay Bry FITC 9786653457 160 PEARL ST FITCHBURG MA 014202631 Richard S Lapidus President Fitchburg State Universi 2024-05-15 2022 2023-04-26 12:10:37Z Jay Bry 160 PEARL ST FITCHBURG MA 014202631 8074296 false X X 1978 MA To support the educational endeavors of Fitchburg State University 17 13 0 37 38879 33000 1714465 3403626 80478 70042 2031909 845690 -2814 28937 3824038 4348295 1049445 1180580 0 0 0 0 0 0 41453 286800 349824 1336245 1530404 2487793 2817891 26762004 31285087 405019 383915 26356985 30901172 To support the educational endeavor of Fitchburg State University false false 881400 854580 4895 Support the education endeavors of FSU 472677 0 18599 Support of academic department 42199 0 7669 Fundraising expenses and income 0 0 0 1396276 true true false false false false false true false true true false false false true false true true false false false false false false true false false true true true false false false false false false false false false false false false false true false true false true 11 0 true 0 true true false false false false true true false 0 false false false false false 17 13 false false false false false false false true true false false true true true true true true false false false MA NY X X Jay D Bry 9786653131 160 PEARL ST FITCHBURG MA 014202631 Nicholas D Smith Director 0.20 0.00 X 0 0 0 Nicholas Dininno Jr Director 0.20 0.00 X 0 0 0 Donata Martin Director 0.20 0.00 X 0 0 0 Dawn Morton Director 0.20 0.00 X 0 0 0 Lorie Martiska Director 0.20 0.00 X 0 0 0 Mark Lambert Director 0.20 0.00 X 0 0 0 Mary Beth Jokela Director 0.20 0.00 X 0 0 0 Marc Dohan Director 0.20 0.00 X 0 0 0 Laura Bayless VP Student Affairs 0.00 40.00 X X 0 168261 32455 Stephen Swartz Chief Information Officer 0.00 40.00 X X 0 197821 25293 Nadimpalli Mahadev Professor 0.00 40.00 X 0 187146 20279 Paul Weizer Professor 0.00 40.00 X 0 159437 29250 Franca Barricelli Assoc V P Academic Affairs 0.00 40.00 X 0 168619 25222 Margaret Hoey Professor 0.00 40.00 X 0 175998 32455 Richard S Lapidus President 10.00 30.00 X X 0 281087 25482 Jay D Bry VP of Finance Administration 10.00 30.00 X X 0 204290 10870 Jeffrey Wolfman vP Advancement 10.00 30.00 X X 0 173103 32455 Anthony J Mercadante Treasurer Audit Chair 0.50 0.00 X X 0 0 0 John P Mahan Clerk 0.50 0.00 X X 0 0 0 Anna M Clementi Director 0.20 0.00 X 0 0 0 Michael Florentino Director 0.20 0.00 X 0 0 0 Patricia Pistone Director 0.20 0.00 X 0 0 0 Catherine Canney Former VP Acting Academic Affairs Provost 0.20 39.80 X X 0 132005 24496 0 1847767 258257 0 true true false 0 0 60068 0 1111110 2232448 0 3403626 All Other Insurance Related Activities 524298 38879 0 38879 0 All Other Amusement and Recreation Industries 713990 12564 12564 0 0 Other activity 900099 18599 18599 0 0 0 0 0 0 0 0 0 0 0 0 0 0 70042 482818 0 0 482818 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4049499 0 3686627 0 362872 0 362872 0 0 362872 68311 60068 39374 28937 0 28937 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4348295 31163 38879 874627 555750 555750 624830 624830 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 5000 0 5000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 89966 51052 20155 18759 60622 48634 11988 0 0 0 0 0 0 0 0 0 14164 14164 0 0 0 0 0 0 9620 6964 0 2656 13277 0 13277 0 0 0 0 0 12663 1393 11270 0 31930 945 30985 0 Community Services 28358 26820 0 1538 Speakers and cultural services 31113 31113 0 0 Outside Services 53111 34611 0 18500 0 0 0 0 0 0 0 0 1530404 1396276 92675 41453 0 0 0 0 2783 1454 2576268 2888621 78404 1563577 45564 57736 0 0 0 0 0 0 0 0 14200 27793 1454320 988013 424087 466307 23098947 25615426 0 0 0 0 0 0 521751 664173 26762004 31285087 57300 60554 0 0 0 0 0 0 0 0 0 0 314141 297981 0 0 33578 25380 405019 383915 X 2762267 2852882 23594718 28048290 26356985 30901172 26762004 31285087 2817891 1877422 0 -151126 0 0 X false true X true false X 888616 2234681 887376 1664400 3403626 9078699 0 0 0 0 0 0 0 0 0 0 0 0 888616 2234681 887376 1664400 3403626 9078699 1585101 7493598 346783 356710 354624 407412 482818 1948347 40450 39002 46904 48721 32990 208067 0 0 0 0 0 0 11235113 255551 0.6670 0.5484 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 39025 0 0 X X false 21944575 1961834 2116864 0 399843 119887 25503543 24644108 1069085 -3083179 0 558671 126768 21944575 19911466 339104 4780860 0 267739 117583 24644108 17524346 1731167 1121611 0 380664 84994 19911466 16428604 275315 1240524 0 338918 81179 17524346 0 0.6264 0.3726 false false 134290 134290 466943 189809 277134 853087 798204 54883 466307 Due to related organization 25380 25380 7941401 1877423 199773 0 1667036 3744232 4197169 151126 151126 4348295 3388338 199773 1658161 1857934 1530404 0 1530404 Part XII, line 2d Impairment loss on property for FSU Foundation Supporting Org = not included in Total expenses -$100,956 Expenses for FSU Foundation Supporting Org - $1618787 plus Golf expense - $39374 Part XI, line 2d Income from FSU Foundation Supporting Org - $1,627,662 and Golf expenses - $39,374 Part III, line 4 Art collection is on display at the university for the enjoyment of students faculty staff and the general public. Part V, line 4 The Foundation has over 100 donor restricted funds that are primarily for student scholarships education departments and cultural events. BB Golf Tournament 66250 48450 17800 0 0 9840 5775 0 2539 Hockey Golf Tournament 31020 11618 19402 0 0 8764 3360 0 0 2 25515 0 25515 5700 0 2164 175 0 0 122785 60068 62717 5700 0 20768 9310 0 2539 38317 24400 true St Anna Parish 199 Lancester St Leominster MA 01453 042106719 501(c)(3) 5000 0 N A N A Language studies Leominster High School 122 Grants St Leominster MA 01453 046006004 10000 0 N A N A Language studies Fitchburg State University 160 Pearl Street Fitchburg MA 01420 043138437 102864 0 N A N?A Intern incentive program Fitchburg State University 160 Pearl Street Fitchburg MA 01420 043138437 326000 0 N A N A Contribution Fitchburg State University 160 Pearl Street Fitchburg MA 01420 043138437 126239 0 N A N A Outfitting Simulation Lab Diversity program Wilson Language center SGA clubs 1 4 Sterlite Commuinity Corporation 33 77750 0 N A N A Global Ambassador Scholarship 22 36500 0 N A N A Donald & Karen Irving Pay it forward 10 50000 0 N A N A Center for Italian Culture Scholarshi 11 36250 0 N A N A Mara Scholarship 31 29000 0 N A N A Wllson Academic Partners 98 29400 0 N A N A Mary Burhnam Scholarship 21 20000 0 N A N A Amelia V. Gallucci-Cirio Award 10 33100 0 N A N A Other Endowed Scholarships 265 298478 0 N A N A Part I Line 2 The Fitchburg State University Foundation operates within the internal policy guidelines of Fitchburg State University and as such all expenditures have a multi layer approval process before disbursement. false false false false false false false false false Laura Bayless V.P. Student Affairs 0 168261 0 0 0 0 0 0 0 32445 0 200706 0 0 Stephen Swartz Chief Information Officer 0 197821 0 0 0 0 0 0 0 25293 0 223114 0 0 Nadimpalli Mahadev Professor 0 187146 0 0 0 0 0 0 0 20279 0 207425 0 0 Paul Weizer Professor 0 159438 0 0 0 0 0 0 0 29250 0 188688 0 0 Franca Barricelli Assoc V P Academic Affairs 0 168619 0 0 0 0 0 0 0 25222 0 193841 0 0 Margaret Hoey Professor 0 175998 0 0 0 0 0 0 0 32455 0 208453 0 0 Richard S Lapidus President 0 281087 0 0 0 2723 0 0 0 22759 0 306569 0 0 Jay D Bry V.P. of Finance & Administration 0 204290 0 0 0 0 0 0 0 10870 0 215160 0 0 Jeffrey Wolfman v.P. Advancement 0 173103 0 0 0 0 0 0 0 32455 0 205558 0 0 Catherine Canney Former V.P. Acting Academic Affairs Provost 0 132005 0 0 0 0 0 0 0 24496 0 156501 0 0 Part VI, Section B, Line 1 The form 990 is presented to the Board of Directors in their budget package a week before the board meeting and prior to submission to the IRS. Part VI, Line 11b The 990 is prepared by the accounting department and reviewed by the external auditor and then presented to the Board of Directors prior to submission to the Internal Revenue Services. Part VI, Line 12c Yearly each officer director and trustee is given a copy of the conflict of interest policy. They are required to complete and sign the policy. This signed document is returned and kept at the Fitchburg State University Human Resources office. Part VI, Line 19 The conflict of interest policy are available upon request. The governing documents and financial statements are available on the Fitchburg State University website. Part VI General | Explanation:| The form 990 is emailed electronically to the Board of Trustees and submitted in the package sent to them and posted online a week before the board meeting prior to submission to the IRS. Fitchburg State University 160 Pearl Street Fitchburg MA 01420 043138437 Higher Education MA N/A NO false FSU Foundation Supporting Org Inc 160 Pearl Street Fitchburg MA 01420 043491990 Support FSU MA 501(C)(3) N/A NO false false true false true false false false false false false false true true true false true false false false Fitchburg State University B 555103 Cash paid FSU Foundation Supporting Org Inc D 1891541 Outstanding loan balance Fitchburg State University D 297982 Outstanding loan balance Fitchburg State University M 199773 Payroll Costs