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The Hunter College Foundation

New York, NY · EIN 13-3598671 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Hunter College Foundation reported $29.8 million in revenue and $28.1 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $88.65 went to program services, $7.30 to management and general costs and $4.05 to fundraising. Its largest source of revenue was contributions and grants: 50.1% of the total. The highest compensation it reported for one person was $273,170 (EXECUTIVE DIRECTOR/VICE PRESIDENT). Revenue rose 49% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $28M

For context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $30M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
88.6%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
7.3%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
4.0%0.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.08$0.04
Contributions & grants share of revenue
Part VIII 1h ÷ 12
50.1%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$273,170$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.97%1.28%
People paid over $100,000
Part VII, line 2
08
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
99.213.3
Independent voting board members
Part VI 1a–1b
25 of 26100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$8.0M expenses · 32.0% of program spending · grants $8.0M

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

$12M expenses · 49.0% of program spending · grants $4.2M

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

$4.7M expenses · 19.0% of program spending · grants $4.7M

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

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR/VICE PRESIDENT
Officer, 40.00 hrs/week
$224,194$0$48,976$273,170
EX-OFFICIO TRUSTEE
Director/trustee, 15.00 hrs/week
$173,548$0$9,194$182,742
HEAD ACCOUNTANT
Highest compensated employee, 40.00 hrs/week
$122,269$0$0$122,269

0 people received more than $100,000 in reportable compensation from The Hunter College Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$30M$28M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$30M$28M88.6%$232M$273,170
FY2024 ⓘ$23M$21M90.8%$224M$975,006
FY2023 ⓘ$79M$22M88.1%$207M$549,917
FY2022 ⓘ$37M$17M86.4%$143M$519,971
FY2021 ⓘ$24M$18M88.9%$143M$547,507
FY2020 ⓘ$20M$25M90.1%$119M$530,635

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b26 · 25 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 5144
  • Volunteers Part I, line 6400

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
RALPH CARMOSINO
Project management services
$140,613

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Private foundation grants it received

63 private foundations reported grants to The Hunter College Foundation totaling $6.9M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Hunter College Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Hunter College Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in New York

Questions people ask

How much of The Hunter College Foundation's spending goes to programs?

In the fiscal year ending June 30, 2025, The Hunter College Foundation reported that 88.6% of its $28.1 million in expenses went to program services, 7.3% to management and general and 4.0% to fundraising (Form 990, Part IX).

How much does The Hunter College Foundation pay its top executive?

The largest total compensation The Hunter College Foundation reported for one person in the fiscal year ending June 30, 2025 was $273,170, for the role of EXECUTIVE DIRECTOR/VICE PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Hunter College Foundation get its money?

Of $29.8 million in revenue in the fiscal year ending June 30, 2025, 50.1% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is The Hunter College Foundation a registered charity?

The IRS lists EIN 13-3598671 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621109349300832 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501299349301510 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441319349301834 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202300729349301340 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202220749349300412 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111329349301791 · read the filing

All filings for EIN 13-3598671: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.