Hunter College Foundation Inc is a 501(c)(3) organization based in New York, New York, registered in 1991, with $29,781,442 in FY2024 revenue. CharityIndex grades it A, and it directs about 89% of spending to programs.
Revenue (FY2024)
$29.8M
▲ 30.7% vs prior year
Education median: $200K
Expenses (FY2024)
$28.1M
Net assets
$232.4M
Employees
144
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Hunter College Foundation Inc: 89% to programs · $8 to raise $100 earns a A on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Hunter College Foundation Inc: 99 mo reserves · +6% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Hunter College Foundation Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Hunter College Foundation Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
To accomplish its mission, the hunter college foundation engages in the following activities:- actively promotes hunter college, including all of its schools, programs, centers, and campuses- cultivates relationships that lead to funding- engages current and potential donors in the life of the college- manages investments judiciously- ensures that restricted funds are utilized for donor-restricted purposes.- areas of support include:- faculty recruitment, development, and retention- access for qualified students, including scholarships and fellowships- student support services- program development- material, technology, and equipment- facility development and maintenance.
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.
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.
Revenue declined from $48.7M (FY2013) to $29.8M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
5.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$233.3M
Total liabilities
$936K
Net assets
$232.4M
Salaries & benefits
$4.1M
15% of expenses
Board members
26
25 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $29,781,442▲30.7% | $28,114,273▲36.4% | $232,405,986▲3.9% | $233,341,717▲3.8% | 990 |
| 2023 | $22,789,185▼71.2% | $20,613,990▼7.6% | $223,622,999▲8.3% | $224,707,579▲7.9% | 990 |
| 2022 | $79,160,399▲113% | $22,320,117▲30.8% | $206,538,012▲44.4% | $208,193,911▲44.1% | 990 |
| 2021 | $37,248,838▲54.5% | $17,070,282▼3.2% | $143,080,298 | $144,509,988▼0.6% | 990 |
| 2020 | $24,106,507▲20.6% | $17,633,373▼30.6% | $143,136,273▲20.0% | $145,325,277▲19.9% | 990 |
| 2019 | $19,982,554▲0.4% | $25,395,088▲8.1% | $119,257,065▼5.2% | $121,244,226▼4.8% | 990 |
| 2018 | $19,905,745▼18.5% | $23,498,190▲38.4% | $125,856,570▼2.2% | $127,332,373▼1.9% | 990 |
| 2017 | $24,416,688▲65.9% | $16,984,199▼22.8% | $128,637,054▲4.8% | $129,808,480▲5.2% | 990 |
| 2016 | $14,720,386▼20.6% | $22,009,260▼7.3% | $122,698,825▼1.3% | $123,387,805▼2.4% | 990 |
| 2015 | $18,540,027▼38.8% | $23,744,230▲69.9% | $124,360,039▼6.0% | $126,377,915▼5.2% | 990 |
| 2014 | $30,287,895▼37.9% | $13,973,464▲13.5% | $132,269,957▲9.8% | $133,298,182▲9.8% | 990 |
| 2013 | $48,745,221 | $12,314,836▲6.7% | $120,488,378▲51.3% | $121,410,522▲51.2% | 990 |
| 2012 | — | $11,541,372▼4.5% | $79,612,308▲33.3% | $80,292,502▲33.3% | 990 |
| 2011 | — | $12,079,225 | $59,702,499 | $60,255,592 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Highest-paid: Alexis L Eggleton — $224,194 (0.80% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Alexis L Eggleton | Executive Director/vice President | 40 | $224,194 |
| Nancy Cantor | Ex-officio Trustee | 15 | $173,548 |
| Gerry Ratsen | Head Accountant | 40 | $122,269 |
| Abhinavanshu Prasad | Vice Chair | 2 | — |
| Abigail Levy | Co-chair | 2 | — |
| Alex Kohen | Treasurer | 2 | — |
| Alteronce Gumby | Trustee | 2 | — |
| Barbara G Chesler | Trustee | 2 | — |
| Carol Crossdale | Trustee | 2 | — |
| Debra Heinrich | Trustee | 2 | — |
| Elbrun Kimmelman | Trustee | 2 | — |
| Helene D Goldfarb | Trustee | 2 | — |
| Jack Bierwirth | Trustee | 2 | — |
| Jody Gottfried Arnhold | Trustee | 2 | — |
| Joy Nuga | Trustee | 2 | — |
| Kelle Jacob | Co-chair | 2 | — |
| Marshall Sonenshine | Secretary | 2 | — |
| Michael Cohn | Trustee | 2 | — |
| Michael P Frankfurt | Trustee | 2 | — |
| Michele Golodetz | Trustee | 2 | — |
| Contractor | Services | Paid |
|---|---|---|
| Ralph Carmosino | Project Management Services | $140,613 |
80 grants to Hunter College Foundation Inc totaling $13.4M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Hispanic Federation Inc | Donor-advised | 2024 | $100,000 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $16,845 |
| Bny Mellon Charitable Gift Fund | To further the organization's exempt purpose | 2024 | $15,000 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $15,000 |
| The New York Community Trust | For a scholarship award. | 2024 | $5,500 |
| National Philanthropic Tr | Health | 2023 | $945,272 |
| Donor Advised Charitable Giving | Education | 2023 | $512,900 |
| The New York Community Trust | For general support. | 2023 | $400,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $161,138 |
| The New York Community Trust | For program support. | 2023 | $51,000 |
| Goldman Sachs Charitable Gift Fund | Educational programs & other student svc | 2023 | $15,000 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $12,500 |
| American Online Giving Foundation Inc | General support | 2023 | $12,493 |
| Paypal Charitable Giving Fund | — | 2023 | $9,495 |
| The New York Community Trust | For a scholarship award. | 2023 | $5,500 |
4 grants totaling $15.1M in FY2024. All grants made by Hunter College Foundation Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| City University Construction Fund | To support construction of cooperman library 2nd floor | $7,303,663 |
| Cuny Central Office- Office of University Controller | Cuny central office distributes the scholarships to hunter students on behalf of hunter college | $4,004,857 |
| Hunter College of the City University of New York | To support hunter college towards salaries, scholarships, equipment, program, campus school | $3,030,553 |
| Research Foundation of the City University of New York | To support research, faculty and program administration | $715,147 |
Explore more
Data for Hunter College Foundation Inc (EIN 13-3598671) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.