Financial Data & Federal Reporting 

Financial Information 2009

IRS 990 Report Part 1

IRS 990 Report Part 2

The Fredonia College Foundation currently makes 4 percent of the endowment's value available annually. Earnings beyond 4 percent are used to grow the endowment's market value to offset inflation. Unless otherwise restricted by the endowment gift instrument or memorandum of agreement, New York State law provides that the Fredonia College Foundation may expend so much of the endowment fund as it deems prudent after annually considering the factors governing appropriation decisions set forth in the New York Prudent Management of Institution Funds Act. For the 2011-12 academic year, expenditures from endowments have been authorized at 4 percent.

2001 through 2010

2009 IRS 990 Report Part 1 (2010 IRS 990 Report not yet available)

2009 IRS 990 Report Part 2

The Fredonia College Foundation currently makes 4 percent of the endowment's value available annually. Earnings beyond 4 percent are used to grow the endowment's market value to offset inflation. Unless otherwise restricted by the endowment gift instrument or memorandum of agreement, New York State law provides that the Fredonia College Foundation may expend so much of the endowment fund as it deems prudent after annually considering the factors governing appropriation decisions set forth in the New York Prudent Management of Institution Funds Act. For the 2011-12 academic year, expenditures from endowments have been authorized at 4 percent. 

Total assets to 2010


2010: $23,781,388; 2009: $19,618,787; 2008: $16,045,051; 2007: $20,040,049; 2006: $18,701,894; 2005: $16,466,014; 2004: $15,730,303; 2003: $14,407,075; 2002: $11,622,522; 2001: $12,619,104


 

Endowed Funds to 2010


2010:
$22,299,427; 2009: $16,873,728; 2008: $12,668,099; 2007: $16,908,667; 2006: $16,173,334; 2005: $14,170,555; 2004: $13,379,091; 2003: $12,541,734; 2002: $9,713,983; 2001: $10,153,292

 

Grants and Awards


2010: $1,401,079; 2009: $1,288,284; 2008: $1,408,752; 2007: $1,298,949; 2006: $1,191,356;
2005: $1,142,562; 2004: $1,173,982; 2003: $1,053,304; 2002: $1,226,835; 2001: $1,361,706

 

contributions


2010: $3,384,300; 2009: $2,211,926; 2008: $2,007,904; 2007: $2,131,099; 2006: $1,842,701; 
2005: $1,467,403; 2004: $1,684,494; 2003: $1,730,628; 2002: $1,181,021; 2001: $2,273,353

Investment to 2010


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