Mission
TO DEVELOP AND OPERATE A SENIOR LEARNING HOUSING COMMUNITY ON LAND LEASED FROM THE STATE UNIVERSITY OF NEW YORK ON THE PURCHASE COLLEGE CAMPUS.
Public Charity
Purchase College Advancement Corporation
Based in Purchase, NY, Purchase College Advancement Corporation operates as a Public Charity. The organization reported $-900K in revenue, $9K in expenses, $27.4M in total assets for fiscal year 2025. Imperigo tracks 4 reported grant relationships connected to this organization totaling approximately $1.4M.
EIN: 800432298
Purchase, NY
Support N.E.C.
NTEE: B19
Latest filing: 2025
Total Revenue$-900K
Total Expenses$9K
Total Assets$27.4M
Grant Records4
Funding Total$1.4M
Filing Years2021–2025
Where $100 goes at Purchase College Advancement Corporation
How Purchase College Advancement Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$19
Programs
the work itself
$81
Management
running the organization
$0
Fundraising
none reported
No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.
Inside the $19 for programs
$19
The Purchase College Advancement Corporation (PCAC), a member-less New York State not-for-profit corporation with federal 501(c)(3) designation, was formed to develop and operate a senior living and learning…
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
EDUCATION
$20,000
EDUCATION
$40,000
EDUCATION
$15,000
SENIOR HOUSING DEVELOPMENT
$1,300,000
Showing up to 5 of 4 total records — full history available with membership.
Officers & Directors
Board Member
Carl Austin
Board Member
Drew Fung
Board Member
Dr Kaare Weber
Board Member
Earle Yaffa
Chairman/President
Elizabeth C Robertson
Board Member
Ernie Palmieri
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $-900K | $9K | $27.4M |
| 2024 | $46K | $14K | $28.6M |
| 2023 | — | $19K | $20.3M |
| 2022 | — | $100 | $20.4M |
| 2021 | — | $106 | $291K |
Between 2024 and 2025, reported annual revenue moved from $46K to $-900K, with total assets most recently reported at $27.4M.
Interactive year-over-year charts and full filing details available with membership.