Organizations Filed Purposes:
THE CORPORATION'S SPECIFIC PURPOSES INCLUDE LEASING OR PURCHASING AND HOLDING TITLE TO LAND IN THE VICINITY OF THE STATE UNIVERSITY OF NEW YORK AT STONY BROOK (THE "UNIVERSITY"), AND DEVELOPING, CONSTRUCTING, FINANCING AND OPERATING ONE OR MORE BUILDINGS AND IMPROVEMENTS ON SUCH LANDS THAT WILL BE USED IN FURTHERANCE OF THE CHARITABLE AND EDUCATIONAL PURPOSES OF THE FOUNDATION.
To advance the charitable mission of the Stony Brook Foundation by holding a leasehold interest in land on campus of the State University of New York at Stony Brook.
Stony Brook Foundation Realty, Inc.'s primary exempt mission is to hold real property for the benefit of the Stony Brook Foundation. Realty did not engage in any programmatic activities in 2018, although it continues to hold one investment on behalf of its supported organization, Stony Brook Foundation, Inc. The organization reclassed $100,000 in rental expenses to offset rental income reported on form 990, part VIII, line 6.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Dexter A Bailey | Executive Director | 1 | $0 |
| S Louise Phanstiel | Trustee | 0.1 | $0 |
| Barry Fox | Trustee | 0.1 | $0 |
| Guy-Max Delphin | Trustee | 0.1 | $0 |
| Dr Samuel L Stanley Jr | Trustee - Ex-Officio | 0.1 | $0 |
| Mr Richard L Gelfond | Trustee - Ex-Officio | 0.1 | $0 |
| Mr Richard Nasti Esq | Treasurer/Trustee | 0.1 | $0 |
| Mr Stuart Goldstein | Secretary/Trustee | 0.1 | $0 |
| Mr Cary F Staller Esq | chairman/Trustee | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202021829349300712_public.xml