CCSU Foundation, Inc.
The CCSU Foundation, Inc. was created in 1971, at the request of the University, as a vehicle to obtain private contributions to support educational programs and research at Central Connecticut State University. Incorporated under the laws of the State of Connecticut, the non-profit, eleemosynary organization is governed by an independent Board of Directors which includes members of the faculty, the student body, the alumni, and the general public. The President of Central Connecticut State University is an ex-officio member of the Board of Directors.
The Foundation solicits private contributions to benefit Central Connecticut State University. Funds are allocated in five major program areas: institutional enrichment, scholarships, academic enrichment, research, and unrestricted. The Board of Directors disburses unrestricted funds to University programs and activities deemed by the Board, in consultation with the President of the University, to be the most worthy. Restricted donations are disbursed according to the terms of the donation.
The relationship between the University and the CCSU Foundation, Inc. is subject to Sections 4-37e through 4-37j of the Connecticut General Statutes, which establishes principles for operation of private foundations which exist to benefit public colleges and universities. This relationship is further defined in an agreement between the Board of Trustees of the Connecticut State University and the CCSU Foundation, Inc.
The CCSU Foundation, Inc. is not an entity of the State of Connecticut and as such is not subject to Connecticut's Freedom of Information Act, to routine inspection by the Auditors of State Accounts, or to direct regulation by the State. The Foundation employs independent certified public accountants who conduct an annual audit. Copies of the annual audit are available for public inspection in the University Library. An online copy of the Foundation's audited financial statements is available here.
The Foundation is exempt from tax under section 501(c)(3) of the Internal Revenue Code. Its non-profit organization identification number is 23-7354328
CCSU FOUNDATION, INC.
BOARD OF DIRECTORS
2008-09
OFFICERS
CHAIRMAN
Garret A. Ratcliffe
Principal
Jones Raphael Oulundsen, Inc. | VICE CHAIRMAN
Robert A. Kerzner
President
LIMRA International, Inc. |
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SECRETARY
William J. McCue
President
McCue Mortgage Company | TREASURER
Edward R. Young
President
Hitchcock Printing & Distribution |
DIRECTORS
Kenneth T. Barone
Student
Central Connecticut State University Michael J. D'Amato
President and Chief Executive Officer
D'Amato Builders + Associates, LLC Lisa A. Futtner
Controller
International Aero Engines Christopher J. Galligan
Vice President, Institutional Advancement
Central Connecticut State University Michael S. Knapp
President and CEO (retired)
CitiFinancial Philip W. Kurze
Vice President, Mass Notification Products
Whelen Engineering Company, Inc. | John W. Miller
President
Central Connecticut State University John J. Patrick
President & CEO
Farmington Savings Bank Nicholas Pettinico, Jr.
Associate Vice President, Institutional Advancement
Central Connecticut State University Thomas I. Rogan
Vice President, Treasurer
United Technologies Corporation Brian A. Shaw
Pastor
St. Ann Church Christine I. Sullivan
President
CCSU Alumni Association |
DIRECTORS EMERITI
Theodore S. Kolzak
President (retired)
The Coleman Corporation William C. Lichtenfels
President (retired)
Emhart Corporation John S. Manning
President (retired)
First City Bank | Harry N. Mazadoorian
Distinguished Prof. of Dispute Resolution Law
Quinnipiac University Thomas E. Sherer
President (retired)
Fafnir Bearing
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