THE HUNTER COLLEGE FOUNDATION INC

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1991

Legal Domicile

Principal Officer

ABIGAIL LEVY

Phone

2126503607

Tax Period

2024-07-01 to 2025-06-30

THE HUNTER COLLEGE FOUNDATION INC, founded in 1991, is a mid-sized nonprofit in the Education sector that reported $29.8M in total revenue in fiscal year 2024. Revenue surged 31% from the prior year, signaling strong growth momentum. Expenses of $28.1M left a modest 6% surplus.

Mission

THE MISSION OF THE HUNTER COLLEGE FOUNDATION IS TO ENHANCE HUNTER COLLEGE'S POSITION AS A PREMIERE PUBLIC EDUCATIONAL INSTITUTION. HUNTER COLLEGE IS COMPRISED OF THE SCHOOL OF THE ARTS & SCIENCES, SCHOOL OF EDUCATION, SCHOOL OF SOCIAL WORK, SCHOOL OF URBAN PUBLIC HEALTH, HUNTER COLLEGE SCHOOL OF NURSING, HUNTER COLLEGE HIGH SCHOOL, AND HUNTER COLLEGE ELEMENTARY SCHOOL. THE HUNTER COLLEGE FOUNDATION BOARD CONSISTS OF A SELECT NUMBER OF OUTSTANDING ALUMNI AND DISTINGUISHED COMMUNITY AND BUSINESS LEADERS WHO ARE COMMITTED TO HELP RAISE THE COLLEGE'S PUBLIC IMAGE AND RAISE FUNDS TO FURTHER STRENGTHEN THE INSTITUTION.

Program Service Accomplishments

Program 1

Expenses: $7,978,261

FACILITY RENOVATIONS: THE HUNTER COLLEGE FOUNDATION SUPPORTS THE REPAIRS, RENOVATION AND IMPROVEMENTS OF THE FACILITIES AT HUNTER COLLEGE SUCH AS RENOVATION OF THE LIBRARY, UPGRADES TO CLASSROOMS AND LABORATORIES AND PURCHASE OF STATE OF THE ART EQUIPMENT. THIS SUPPORTS THE COLLEGE IN ITS ENDEAVOR TO OFFER ITS STUDENTS THE BEST FACILITIES AND LEARNING ENVIRONMENT.

Program 2

Expenses: $12,214,404

EDUCATIONAL PROGRAMS: THE FOUNDATION PROVIDES SUPPORT TO ACADEMIC PROGRAMS TO HELP ADVANCE EDUCATIONAL EXCELLENCE AND FURTHER CURRICULUM AND FACULTY DEVELOPMENT. THE FOUNDATION ALSO HELPS TO SUPPORT AND CREATE NEW PROGRAMS AND DEPARTMENTS. DURING FISCAL YEAR ENDING JUNE 30, 2025, HUNTER COLLEGE FOUNDATION DISTRIBUTED 185 EMERGENCY STIPENDS (APPROXIMATELY $193,714) AND TECHNOLOGY TO STUDENTS IN NEED IN FISCAL YEAR 2024-25.

Program 3

Expenses: $4,730,130

SCHOLARSHIPS AND GRANTS: THE HUNTER COLLEGE FOUNDATION DISTRIBUTES A VARIETY OF SCHOLARSHIPS TO DESERVING STUDENTS BASED ON CRITERIA SUCH AS MERIT, NEED, GRADE POINT AVERAGE AND DECLARATION OF A...

SCHOLARSHIPS AND GRANTS: THE HUNTER COLLEGE FOUNDATION DISTRIBUTES A VARIETY OF SCHOLARSHIPS TO DESERVING STUDENTS BASED ON CRITERIA SUCH AS MERIT, NEED, GRADE POINT AVERAGE AND DECLARATION OF A MAJOR COURSE OF STUDY. THESE SCHOLARSHIPS PLAY AN IMPORTANT ROLE IN EDUCATING THE NEXT GENERATION OF CITIZENS AND PERPETUATING THE EXTRAORDINARY HUNTER COMMUNITY OF SCHOLARS, STUDENTS AND ALUMNI. APPROXIMATELY 1122 STUDENTS RECEIVED SCHOLARSHIPS THROUGH THE HUNTER COLLEGE FOUNDATION IN THE FISCAL YEAR ENDING JUNE 30, 2025.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,907,556

Program Service Revenue $0

Investment Income $14,873,886

Other Revenue $0

TOTAL REVENUE $29,781,442

Expense Breakdown

Grants Paid $16,887,459

Salaries & Benefits $4,115,497

Fundraising Expenses $1,138,012

Program Expenses $24,922,795

Other Expenses $7,035,417

TOTAL EXPENSES $28,114,273

Year-over-Year Comparison

	2024	2023	Change
Revenue	$29,781,442	$22,789,185	+0.3%
Expenses	$28,114,273	$20,613,990	+0.4%
Net Income	$1,667,169	$2,175,195	-0.2%

Key Indicators

✓ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

144

Volunteers

400

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✓ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$273,170

Total Directors

$182,742

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ABHINAVANSHU PRASAD	VICE CHAIR	2.00	Officer Director	$0	$0	$0
ABIGAIL LEVY	CO-CHAIR	2.00	Officer Director	$0	$0	$0
ALEX KOHEN	TREASURER	2.00	Officer Director	$0	$0	$0
ALTERONCE GUMBY	TRUSTEE	2.00	Director	$0	$0	$0
BARBARA G CHESLER	TRUSTEE	2.00	Director	$0	$0	$0
CAROL CROSSDALE	TRUSTEE	2.00	Director	$0	$0	$0
DEBRA HEINRICH	TRUSTEE	2.00	Director	$0	$0	$0
ELBRUN KIMMELMAN	TRUSTEE	2.00	Director	$0	$0	$0
HELENE D GOLDFARB	TRUSTEE	2.00	Director	$0	$0	$0
JACK BIERWIRTH	TRUSTEE	2.00	Director	$0	$0	$0
JODY GOTTFRIED ARNHOLD	TRUSTEE	2.00	Director	$0	$0	$0
JOY NUGA	TRUSTEE	2.00	Director	$0	$0	$0
KELLE JACOB	CO-CHAIR	2.00	Officer Director	$0	$0	$0
MARSHALL SONENSHINE	SECRETARY	2.00	Officer Director	$0	$0	$0
MICHAEL COHN	TRUSTEE	2.00	Director	$0	$0	$0
MICHAEL P FRANKFURT	TRUSTEE	2.00	Director	$0	$0	$0
MICHELE GOLODETZ	TRUSTEE	2.00	Director	$0	$0	$0
MOHAMMAD SHAIKH	TRUSTEE	2.00	Director	$0	$0	$0
NANCY CANTOR	EX-OFFICIO TRUSTEE	15.00	Director	$173,548	$9,194	$182,742
NEIL JANOVIC	TRUSTEE	2.00	Director	$0	$0	$0
PATTY C BAKER	TRUSTEE	2.00	Director	$0	$0	$0
RON SPURGA	TRUSTEE	2.00	Director	$0	$0	$0
SOPHIA MUIRHEAD	TRUSTEE	2.00	Director	$0	$0	$0
SUSAN M STEINHARDT	TRUSTEE	2.00	Director	$0	$0	$0
SUSAN V BERSHAD	TRUSTEE	2.00	Director	$0	$0	$0
ALEXIS L EGGLETON	EXECUTIVE DIRECTOR/VICE PRESIDENT	40.00	Officer	$224,194	$48,976	$273,170
GERRY RATSEN	HEAD ACCOUNTANT	40.00	Highest	$122,269	$0	$122,269

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$29,781,442	$28,114,273	$233,341,717	$1,667,169
2024	$22,789,185	$20,613,990	$224,707,579	$2,175,195
2023	$79,160,399	$22,320,117	$208,193,911	$56,840,282
2022	$37,248,838	$17,070,282	$144,509,988	$20,178,556
2021	$24,106,507	$17,633,373	$145,325,277	$6,473,134
2020	$19,982,554	$25,395,088	$121,244,226	$-5,412,534
2019	$19,905,745	$23,498,190	$127,332,373	$-3,592,445
2018	$24,416,688	$16,984,199	$129,808,480	$7,432,489