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New York · Nonprofit

UNIVERSITY AT ALBANY FOUNDATION

UNIVERSITY AT ALBANY FOUNDATION (New York) receives grants from 134 organizations whose IRS filings report $23,577,108 to it, the largest being SUNY IMPACT FOUNDATION INC ($6,291,702). 75 of them have funded it in more than one year.

Revenue FY2025
$32M
Funders on record
134
Grants received
$24M
Net assets
$262M
75/134 repeat funderspeak grant-dependency 29%
01What it does

What University at Albany Foundation does

Mission

The mission of the University at Albany Foundation is to encourage, receive, accept, hold, invest, and manage money and property of every description, and the disbursement thereof for the promotion, development and advancement of the welfare of the state university of new york at albany (university), its students, faculty, staff and alumni, and any other organization, qualified as an exempt organization under section 501(c)(3) of the code and its regulations, which has among its corporate purposes providing assistance to the university.

As stated on its FY2025 Form 990.

Programs

  1. Higher education program administer funds for the promotion, development and advancement of the welfare of the university at albany, suny, its students, faculty, staff and alumni. Scholarships, awards, and emergency student assistance were provided to 3,022 individuals

    $9,801,552 spentof which $5,852,181 as grants$416,702 earned by the program
    100% of program spending
  2. Administrative services provide management and accounting services to organizations whose purpose is to advance the educational and research mission of the state university of new york and the state university of new york at albany.

    $567,319 earned by the program

The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $9,801,552.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($12M) Expenses 100 ($7.7M) Net assets 100 ($96M)2018 Revenue 119 ($14M) Expenses 106 ($8.2M) Net assets 109 ($105M)2019 Revenue 138 ($16M) Expenses 85 ($6.6M) Net assets 120 ($115M)2020 Revenue 146 ($17M) Expenses 129 ($9.9M) Net assets 121 ($117M)2021 Revenue 163 ($19M) Expenses 89 ($6.9M) Net assets 160 ($154M)2022 Revenue 138 ($16M) Expenses 114 ($8.8M) Net assets 155 ($149M)2023 Revenue 203 ($24M) Expenses 132 ($10M) Net assets 177 ($170M)2024 Revenue 407 ($48M) Expenses 159 ($12M) Net assets 233 ($224M)2025 Revenue 269 ($32M) Expenses 158 ($12M) Net assets 272 ($262M)
'17'18'19'20'21'22'23'24'25
Revenue (269)Expenses (158)Net assets (272)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $184M to $239M (+30%).

$101M
$113M
$126M
$129M
$168M
$163M
$184M
$239M
$277M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

80% of UNIVERSITY AT ALBANY FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (23% for the typical peer).

This organization
Typical peer · 4,254 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$4.0M
’17
$5.8M
’18
$9.6M
’19
$7.3M
’20
$12M
’21
$7.4M
’22
$14M
’23
$35M
’24
$19M
’25
4.5
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Fardin Sanai

Executive director

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed414140404141424037
Joined·+5+3+4+5+2+1+1+1
No longer listed·54442034
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 29 funders to 52 funders, grant income rose $738k → $4.6M.

30 of 134 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 34% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $427k from one payer (the payer shares this organization's board, largest Alumni Association of the University of New York at Albany Inc). These are real filings, and they are not money UNIVERSITY AT ALBANY FOUNDATION raised.

From the IRS filings of UNIVERSITY AT ALBANY FOUNDATION’s funders (the co-funder graph). Top 30 of 134 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

UNIVERSITY AT ALBANY FOUNDATION has a broad base — no single funder exceeds 27% of grant income, and it takes 3 funders to reach half.

the vertical line marks half of all grant income — 3 funders to its left

65% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund UNIVERSITY AT ALBANY FOUNDATION.

27%
largest funder
51%
top three
~9
effective funders

Largest funder’s share by year: 2017 32% · 2018 21% · 2019 28% · 2020 16% · 2021 19% · 2022 35% · 2023 41% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of UNIVERSITY AT ALBANY FOUNDATION's funders are still giving 3 years after their first grant; 56% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

86% of UNIVERSITY AT ALBANY FOUNDATION's grant income comes from New York funders.

AK
WA
IL
WI
MI
NY
MA
OR
PA
NJ
CT
RI
CA
CO
MO
VA
MD
DE
AZ
TN
NC
DC
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $8.1M arriving through sponsors registered in 15 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

UNIVERSITY AT ALBANY FOUNDATION runs a healthier operating margin than three-quarters of the 3,794 education nonprofits its size.

Operating margin61% · top quartile
Months of reserve4.5mo · above the median
Revenue growth (annualized)13% · top quartile

this organization peer median middle 50% of peers· 3,794 education nonprofits $10M–$100M, FY2025

Organizations like UNIVERSITY AT ALBANY FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

80% of spending goes to programs.

Program 80%Management 12%Fundraising 7%

Governance

34
board members
97%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

64%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 17 states

NH
MN
WI
MI
NY
MA
OR
PA
NJ
CA
KY
WV
VA
MD
AR
SC
HI

Part of a family of 1 related entity

  • University at Albany Bioscience Development Corporation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for UNIVERSITY AT ALBANY FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds UNIVERSITY AT ALBANY FOUNDATION?
UNIVERSITY AT ALBANY FOUNDATION (New York) receives grants from 134 organizations whose IRS filings report $23,577,108 to it, the largest being SUNY IMPACT FOUNDATION INC ($6,291,702). 75 of them have funded it in more than one year.
How many funders does UNIVERSITY AT ALBANY FOUNDATION have?
IRS filings report 134 organizations giving $23,577,108 in grants to UNIVERSITY AT ALBANY FOUNDATION, 75 of which have funded it in more than one year.
Who is the largest funder of UNIVERSITY AT ALBANY FOUNDATION?
SUNY IMPACT FOUNDATION INC is the largest funder on record, with $6,291,702 in grants. The full list of funders is on this page.
How can an organization like UNIVERSITY AT ALBANY FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 134 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing