Division of Finance & Administration
Diane Loveland, Director
Diane Loveland has been with the college since 2006 when she began as Portfolio Manager for the Foundation Financial Management Office. Prior to joining the college, Diane served as a member of the College at Oneonta Foundation Board for eight years, during which time she also chaired the Finance Committee and served on the Investment Subcommittee. Diane holds a Bachelor’s degree in Business Economics from the State University College at Oneonta and has over 28 years of experience in investment management and analysis. As Director of the Office of Foundation Financial Management, Diane is responsible for overseeing the use of all gifted funds for the College.
The Foundation Finance Office is responsible for endowment accounting and investment management for the College at Oneonta Foundation which is a 501© 3 organization that exists to support SUNY Oneonta. There are also some other gifted funds which this office reviews and analyzes on a yearly basis. The market value of these funds in aggregate is over $40 million.
The College at Oneonta Foundation Board of Directors is fortunate to have a number of talented investment professionals who serve on the Finance Committee and the Investment Subcommittee. In addition to the volunteers, Diane Loveland, the Director of the Foundation Finance office has more than thirty years of experience in managing investments. She works closely with the committees to prepare our Foundation for long-term growth, focusing on appreciation, capital preservation and income. The Foundation investment pool has achieved a return of 17.02% for the 11 months ending May 31, 2013.
Our Foundation consists of approximately 300 separate funds, more than two-thirds of which are endowments. Given the complicated accounting necessary to accurately and properly track the multi-funds environment, the Foundation Finance staff continues to improve efficiencies and accuracy by utilizing technological resources.
The Foundation supported the College with over $1,316,175 in scholarships and awards during the 11 months ending May 31, 2013 and an additional $1,168,171 in other program service support for the same period.
Overall, the Foundation has grown substantially in the past 10 years due to the successful fundraising efforts of the Foundation Board members, the College Advancement staff, and prudent investment management and fiduciary practice.
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