Geneseo has an endowment valued at nearly $24 million. The College’s operating budget is approximately $89.3 million. The operating budget is supported by general revenues of the state (31 percent) and an additional 69 percent campus generated revenue. Tuition, room and board for in-state students is $18,670 and $28,120 for out-of-state students. For years, Geneseo has been ranked as a “Best Buy” by Forbes, Fiske Guide to Colleges and Kiplinger's Report. Kiplinger's ranked Geneseo 1st for out-of-state students in 2006, 2008, and 2013. In 2013, Geneseo ranked the 9th best buy for in-state students nationwide.
The fiscal operations of institutions within the SUNY system are integrated with data structures in the central administration, though the campus maintains significant leadership and decision-making. For instance, capital funding for academic and administrative facilities is handled centrally by the state via SUNY, thereby allowing Geneseo to free itself from the concerns of selling bonds and covering capital debt service from the operating budget. In addition, the fringe benefits costs of employees funded through state support and tuition are absorbed by the state, which reduces the campus costs for those employees by approximately 35 to 45 percent.
Geneseo has three separate budget processes corresponding to each of its three main budgets – the State Purpose Budget, the DIFR Budget (Dormitory Income Fund Reimbursable) and the IFR Budget(s) (Income Fund Reimbursable). These budgeting cycles typically start in the winter. The College's all-funds budget is $133 million.
SUNY Central establishes target allocations of the budget for each SUNY Campus composed of both tuition revenue and state tax-dollar support. The College distributes Geneseo’s campus allocation on a prorated basis, providing the starting points to establish budgets for the divisions and departments. The Vice President for Administration and Finance takes the preliminary budget to the cabinet for discussion and final approval by the president. The Budget Priorities Committee and the Strategic Planning Group recommend priorities when new funds become available.
SUNY Geneseo has over 57,000 alumni who live in every state of the union and in countries around the world. Two-thirds of Geneseo alumni live in New York. The Geneseo Foundation is a not-for-profit corporation established in 1971, to encourage private financial contributions to the College. It manages an endowment of nearly $24 million. In FY14, via endowment income and current restricted and unrestricted gifts, the Foundation provided approximately $2.5 million to support Geneseo students, faculty and programs. It is led by a board that currently consists of 27 members who work closely with Geneseo’s advancement and communications team.
The Foundation is closely linked to the Geneseo Alumni Council. The Council was established by the Foundation in 2012 to provide opportunities for alumni to engage with their alma mater as volunteers. The Council includes committees focused on class leadership, regional activities, careers and communications, and is currently adding a committee to support admissions. The Geneseo Alumni Association is a separate 501(c)(3) organization that provides financial support to the College in the form of scholarships and career related experiences for students. The Association also recognizes Geneseo alumni via annual awards and supports the Undergraduate Alumni Association.
Geneseo completed its most recent capital campaign in 2013. Donors committed over $23 million for scholarships; faculty support, including an endowed Professorship in Entrepreneurship; research; athletics; international study; and the Center for Inquiry, Discovery and Development, which supports significant independent student projects. FY14 was the most successful fundraising year in the College’s history with gifts from 7,600 alumni donors (up from 4,500 just two years ago) and over $5 million contributed.
The College is situated on 220 acres on the east bank of the Genesee Valley, created by the ancient and meandering Genesee River. It is comprised of 16 academic and co-curricular structures as well as 17 residence halls that are grouped into North Village, Central Village and South Village to successfully foster living/learning communities and pride of place.
A walking tour of Geneseo’s campus reveals a rich history – from the iconic Sturges Hall with its clock tower to the newly renovated Doty Hall to Brodie Hall, whose unique design reflects the architectural brilliance of Edward Tafel, an apprentice of Frank Lloyd Wright. Tafel also designed Geneseo’s gazebo, a destination landmark that has long been a gathering place for students, alumni and visitors to enjoy the panoramic view of signature sunsets over the Genesee Valley.
Recent construction projects reflect the steady growth of Geneseo and the College’s response to student needs for new academic and laboratory space. The Integrated Science Center or ISC (2006), home to the biology, chemistry, geological sciences and physics departments, houses 53 instructional and faculty research laboratories. The ISC also houses a Pelletron particle accelerator for physics research – among the nation’s very few operating at an undergraduate college and the only one in Western New York – and a state-of-the-art Congressionally-funded Molecular Structure Laboratory. These key assets and other equipment support undergraduate research at Geneseo as well as scientific study in the region. In addition, a 20-inch reflector telescope with state-of-the-art instrumentation is housed in a dome on the roof.
A newly-renovated Bailey Hall (2014) provides new space for the geography, anthropology, sociology and psychology departments. Monroe Residence Hall (2013), a model “green” building, is the first at Geneseo to earn LEED (Leadership in Energy and Environmental Design) Gold certification, reflecting Geneseo’s commitment to environmental responsibility and sustainability. Geneseo is also a member of the American College and University Presidents' Climate Commitment.
Construction also is also underway on a new “old” project that will result in a replica of 19th century American Transcendentalist Henry David Thoreau’s cabin in the woods. The project coincides with Geneseo’s innovative Digital Thoreau initiative, in which English Department students and faculty are using technology and digital communications to study multiple manuscript versions of Thoreau’s Walden.
Located in the Genesee Valley, 30 minutes south of Rochester and one hour east of Buffalo, the Town and Village of Geneseo are bordered by the Finger Lakes to the east and Letchworth State Park to the west, affording numerous recreational opportunities. Canada’s largest city – Toronto – is three hours to the northwest. The Geneseo Village Historic District, one of only 24 communities in the nation on the National Register of Historic Places, boasts numerous finely preserved historic homes and buildings as well as a picturesque and thriving Main Street. In 2014, Finger Lakes Opera at Geneseo begins its inaugural season with the production of Bizet’s Carmen, the first of many operas that will add to the cultural and economic vitality of the region.
The greater Rochester area offers many institutions of higher education and diverse cultural amenities. Students, faculty and staff both enjoy and contribute to the cultural vibrancy that characterizes the Town and Village of Geneseo and the region.
The College is actively integrated in the life of the communities of Geneseo and Rochester, supporting regional economic development and outreach efforts and leveraging the intelligence, compassion and creativity of its students, faculty and staff.
Geneseo’s Student Ambassador Program, housed within the newly established Center for Inquiry, Discovery and Development, is a prime example. An incubator and facilitator for student projects that are life-changing and transformational, it relies on grants from generous donors that allow students to pursue groundbreaking work in leadership, innovation, diversity, business, community engagement and scholarship. Other facilities and resources for economic development are provided by the Geneseo Small Business Development Center and by the newly appointed Van Arsdale Chair in Entrepreneurship and the Venture Works program, offering small business start-up and incubator support, team development laboratories, entrepreneurship programs, and student-centered innovation grants. The College works to advance the goals of the Finger Lakes region economic development plan to accelerate job creation, expand the higher education sector, support inclusive high-end workforce development, and enhance the region’s quality of life.
Geneseo is also building a partnership with the State Park system through the development of a Nature Center, proposed to open in Fall 2015. The Nature Center will provide enhanced interpretation of Letchworth State Park, which because of its gorge is often called the “Grand Canyon of the East.” Geneseo faculty and students will contribute to the exhibit and educational programming of the facility in several areas, including local history. In addition, faculty researchers and student interns will contribute to the study of park environmental issues such as management of invasive species, pest management and erosion, along with climate change observation and other projects. Geneseo is helping to coordinate the involvement of other colleges and schools in the region with the Nature Center.
As part of the State University of New York, Geneseo plays an important role in the system and has access to resources in areas such as international programs and research support beyond those of a typical small campus. SUNY is the nation’s largest and most comprehensive state university system, consisting of 64 campuses including major research universities, health sciences centers, comprehensive and technical colleges, and community colleges committed to providing a broad range of outstanding academic programs for students within New York and from around the world.
SUNY enrolls more than 464,900 students – half of them in community colleges – has more than 88,000 employees, and has a projected all-funds budget in excess of $10 billion. The system annually receives upwards of $1 billion in sponsored research funds. SUNY is both a significant force in higher education nationally with increasing global impact as well as a vital economic, social and cultural engine for the State of New York.
Nancy Zimpher was appointed chancellor of the SUNY system in June of 2009. She has articulated a number of themes in a strategic plan for the SUNY system, most of which align well with Geneseo’s strengths. Among them are student success and completion, a healthier New York, community involvement, universities as social and economic drivers, and globalization (The Power of SUNY).