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University at Albany Foundation

Public charity · Grantmaker Albany, NY EIN: 14-1503972 Website

University at Albany Foundation at a glance

In short: University at Albany Foundation gave $640K across 6 grants in 2025 (avg $107K), mostly in New York. Source: 2025 IRS Form 990.

Annual giving (2025)
$640,432
-12.5% vs 2024
Grants made (2025)
6
+20.0% vs 2024
Average grant
$106,739
-27.1% vs 2024
Median grant
$29,575
Total assets
$276,898,927
+16.0% vs 2024
Primary geography
New York (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

Who University at Albany Foundation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

State University of New York at Albany: $473KState University of New Yorkat Albany$473KParsons Child and Family Center: $83KParsons Child and FamilyCenter$83KRegional Food Bank of Neny: $30KRegional Food Bank of Neny$30KLasalle School: $29KLasalle School$29KAlbany Leadership Charter School for Girls: $16KAlbany Leadership CharterSchool for Girls$16KRefugee and Immigrant Support Services of Emmaus Inc: $10KRefugee and Immigrant SupportServices of Emmaus Inc$10K

The largest 2025 recipient was State University of New York at Albany ($473K). Together the top 6 received $640K.

Grant Size Distribution

28 grants across all recorded years

17<$50K6$50–100K1$100–250K2$250–500K2$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 28 (61%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

AlbanyTampaLathamSchenectady

How University at Albany Foundation gives

  • Giving fell 26% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M5 grants2020 4 grants2021 4 grants2022 9 grants2023 5 grants2024 6 grants2025

From 2020 to 2025, annual grant giving ranged from $334K (2021) to $3.5M (2020). In 2025 it made 6 grants totaling $640K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
State University of New York at Albany Albany, NYCapital Contribution$473,237
Parsons Child and Family Center Albany, NYProgram Support$82,845
Regional Food Bank of Neny Latham, NYFood Pantry$30,000
Lasalle School Albany, NYProgram Support$29,150
Albany Leadership Charter School for Girls Albany, NYProgram Support$15,600
Refugee and Immigrant Support Services of Emmaus Inc Albany, NYInternship Support$9,600
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$276,898,927$31,566,579$12,180,143$640,4326$5,590,457
2024$238,704,903$47,756,593$12,318,112$731,6215$2,237,878
2023$183,740,004$23,832,386$10,214,952$486,9319$1,921,394
2022$162,512,695$16,220,435$8,774,634$862,9734$4,612,687
2021$168,467,650$19,151,448$6,865,433$334,2884$6,729,976
2020$129,210,800$17,198,773$9,940,318$3,531,8545$4,148,958

About University at Albany Foundation

Based on IRS filings

University at Albany Foundation is a public charity focused on Education, based in Albany, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $276.9M in total assets. In 2025, it awarded 6 grants totaling $640K. Net investment income was $5.6M.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

University at Albany Foundation is led by Fardin Sanai, Executive Director since 2023 (on filings since 2020); 4 of 37 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Fardin Sanai

    Executive Director

    Executive Di → Executive Director, 2023

    On filings since 2020

    5 hrs/week

    $12K (2020) → $19K (2025)

  • George Hearst III

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Havidan Rodriguez

    Director

    On filings since 2020

    1 hr/week

    $4K (2020) → $5K (2025)

  • Canon Kay Hotaling

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Daniel Nolan

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Edward Swyer

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Elda Di Re

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • John Naumann

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kathleen Dennis

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Keith Hynes

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kimberly Sanger Jones

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Louis Desorbo

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mark Yang

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mary Haggerty

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Maryanne Lavan

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Meg Picotte Macclarence

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Borys

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Castellana

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Weilheimer

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nolan Altman

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Peter Bulger

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Roanne Kulakoff

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert Schwartz

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Saul Curtis

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Sharon Kantor

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Todd Foreman

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jonathan Jones

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lisa Fund

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Maureen Sweeney

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • William Newman

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Rebecca Stafford

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Sophia Ferradas

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Christopher Losavio

    Controller

    On filings since 2020

    30 hrs/week

    $124K (2020) → $153K (2025)

  • Richard McGinn Jr.

    Chief Financial Officer

    Chief Financ → Chief Financial Officer, 2023

    On filings since 2020

    24.4 hrs/week

    $198K (2020) → $238K (2025)

  • Amy Knapp

    Secretary

    Director → Secretary, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brian Straughter

    Vice President

    Secretary → Vice President, 2025

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeffrey Black

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (13)
  • Former: Lewis Wiener (2020–2024) — Vice President
  • Former: Susan Shipherd (2020–2024) — Director
  • Former: William Lanford (2020–2024) — Director
  • Former: Kavan Pujara (2024) — Director
  • Former: Francis Zeronda (2020–2023) — Administrative Counsel
  • Former: Debra Pollard (2022–2023) — Director
  • Former: Julianna Defeo (2022–2023) — Director
  • Former: Theodore Anderson III (2020–2021) — Director
  • Former: Chevonesse Chushnie (2021) — Director
  • Former: Ersno Eromo (2020) — Director
  • Former: Joan Rosenthal (2020) — Director
  • Former: Kimberly Berger (2020) — Director
  • Former: Richelle Konian (2020) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Richard McGinn Jr — Chief Financial Officer: $238KRichard McGinn JrChief Financial Officer$238KChristopher Losavio — Controller: $153KChristopher LosavioController$153KFardin Sanai — Executive Director: $19KFardin SanaiExecutive Director$19KHavidan Rodriguez — Director: $5KHavidan RodriguezDirector$5K

The highest reported compensation on the 2025 filing was $238K, to Richard McGinn Jr (Chief Financial Officer). 4 officers or directors reported compensation on that filing.

Frequently asked questions about University at Albany Foundation

How much does University at Albany Foundation give each year?

University at Albany Foundation gave $640K across 6 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $732K across 5 grants.

What is University at Albany Foundation's typical grant size?

University at Albany Foundation's median grant in 2025 was $29,575, and its average grant was $106,739, across 6 grants on its 2025 IRS Form 990.

Where does University at Albany Foundation give grants?

University at Albany Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Albany, NY (5 grants).

Does University at Albany Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on University at Albany Foundation's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Program Support" (3 grants).

Who are University at Albany Foundation's largest grantees?

University at Albany Foundation's largest 2025 grantees include State University of New York at Albany ($473,237), Parsons Child and Family Center ($82,845) and Regional Food Bank of Neny ($30,000), according to its 2025 IRS Form 990. Together they received 92% of its itemized 2025 grant dollars.

How large is University at Albany Foundation?

University at Albany Foundation reported $276.9M in total assets on its 2025 IRS Form 990. Its revenue that year was $31.6M.

What is University at Albany Foundation?

University at Albany Foundation is a public charity focused on Education, based in Albany, NY. It holds $276.9M in total assets as of 2025.

What is University at Albany Foundation's EIN?

University at Albany Foundation's EIN (Employer Identification Number) is 14-1503972. IRS Form 990 filing data is available on this page for 2020–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS May 11, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS May 11, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS May 10, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS May 9, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS May 9, 2025)
  6. Added Form 990 for fiscal year 2025 (received by the IRS May 1, 2026)

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from University at Albany Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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