THE GRADUATE CENTER FOUNDATION INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
THE GRADUATE CENTER FOUNDATION INC (EIN 13-3219419)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-03-29
IRS object ID
202220889349301082
Schema version
2020v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-03-29T15:39:56-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN474526160PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1EFPR GROUP CPAS PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line16390 MAIN STREET SUITE 200AddressLine1Txt
CityWILLIAMSVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP14221ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133219419EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE GRADUATE CENTER FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGRADBusinessNameControlTxt
Phone2128277660PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1365 FIFTH AVENUE 8TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonBRIAN A PETERSONPersonNm
Person TitleSENIOR V.P. FINANCE & ADMIN.PersonTitleTxt
Phone2128277660PhoneNum
Signature2022-03-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstBRIANPersonFirstNm
Person LastPETERSONPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID A URBAN CPAPreparerPersonNm
PTINP00630018PTIN
Phone7166340700PhoneNum
Preparation2022-03-08PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBRIAN A PETERSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1365 FIFTH AVENUE 8TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$50,716,973GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GC.CUNY.EDUWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1983FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionSEE SCHEDULE OActivityOrMissionDesc
Voting Members Governing Body20VotingMembersGoverningBodyCnt
Voting Members Independent20VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers0TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$8,216,038PYContributionsGrantsAmt
CY Contributions Grants$14,306,261CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$1,385,733PYInvestmentIncomeAmt
CY Investment Income$1,715,060CYInvestmentIncomeAmt
PY Other Revenue$51,977PYOtherRevenueAmt
CY Other Revenue$5,431CYOtherRevenueAmt
PY Total Revenue$9,653,748PYTotalRevenueAmt
CY Total Revenue$16,026,752CYTotalRevenueAmt
PY Grants And Similar Paid$2,629,802PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$3,193,091CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$2,618,061PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$2,975,977CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$236,564CYTotalFundraisingExpenseAmt
PY Other Expenses$3,440,825PYOtherExpensesAmt
CY Other Expenses$1,897,482CYOtherExpensesAmt
PY Total Expenses$8,688,688PYTotalExpensesAmt
CY Total Expenses$8,066,550CYTotalExpensesAmt
PY Revenues Less Expenses$965,060PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$7,960,202CYRevenuesLessExpensesAmt
Total Assets BOY$59,268,933TotalAssetsBOYAmt
Total Assets EOY$72,994,369TotalAssetsEOYAmt
Total Liabilities BOY$488,567TotalLiabilitiesBOYAmt
Total Liabilities EOY$315,262TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$58,780,366NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$72,679,107NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$7,540,727ExpenseAmt
Grant$3,193,091GrantAmt
DescSEE SCHEDULE O:A. THE GRADUATE CENTER RECEIVED A $9.5 MILLION GIFT FROM THE JAMES AND CATHLEEN STONE FOUNDATION. THE MULTI YEAR GIFT WILL SUPPORT THE STONE CENTERS WORK, WITH A SIGNIFICANT PORTION DESIGNATED FOR THE CENTERFS GC WEALTH PROJECT, AIMED AT EXPANDING ACCESS TO RESEARCH AND DATA ON THE INCREASING WEALTH ACCUMULATION THAT IS OF GROWING CONCERN IN THE UNITED STATES AND IN OTHER COUNTRIES. THE GIFT WILL ALSO ALLOW THE STONE CENTER TO EXPAND ITS POSTDOCTORAL SCHOLARS PROGRAM BY RECRUITING TWO NEW POSTDOCS EACH YEAR DURING THE NEXT FIVE YEARS, FOR A TOTAL OF 10 ADDITIONAL POSTDOCTORAL SCHOLARS.B. THE ANDREW W. MELLON FOUNDATION AWARDED $530,000 GRANT FOR THE SOCIAL PRACTICE PROJECT AT CUNY. PROJECT. THIS PROJECT WILL CREATE A NEW GENERATION OF CULTURAL LEADERS IN NYC WHO ARE DIVERSE AND COMMITTED TO BRINGING SOCIAL CHANGE THROUGH ART, DRAWING ON THE STRENGTHS OF CUNY'S INTERDISCIPLINARY MFA PROGRAMS BASED AT THE GRADUATE CENTER.C. THE GRADUATE CENTER RECEIVED A $300,000 GRANT FROM THE JAMES FAMILYCHARITABLE FOUNDATION TO CONTINUE THE ART AND SCIENCE CONNECT PROJECT. THE ART AND SCIENCE PROJECT IS AN INITIATIVE THAT COMBINES PUBLIC PROGRAMS EDUCATION, CROSS DISCIPLINARY RESEARCH AND TEACHING AND STUDENT FELLOWSHIPS TO EXPLORE THE OVERLAP BETWEEN ART AND BRAIN SCIENCE.Desc
Total Program Service Expenses$7,540,727TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of ArtYes (1)CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document159IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members20GoverningBodyVotingMembersCnt
Independent Voting Member20IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BRIAN A PETERSON INTERIM SVP FOR FINANCE & ADMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2128177602PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1365 FIFTH AVENUE 8TH FLOORAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10016ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
PETER H DARROW ESQ
BOARD CHAIR10.000.00Yes (X)Yes (X)$0$0$0
LIN I BILDNER
VICE CHAIR1.000.00Yes (X)Yes (X)$0$0$0
DWIGHT E LEE
VICE CHAIR5.000.00Yes (X)Yes (X)$0$0$0
MYRON S GLUCKSMAN
TREASURER3.000.00Yes (X)Yes (X)$0$0$0
JAMES P BLANCO
SECRETARY1.000.00Yes (X)Yes (X)$0$0$0
KAREN C ALTFEST
TRUSTEE1.000.00Yes (X)$0$0$0
HELEN BODIAN
TRUSTEE1.000.00Yes (X)$0$0$0
MILES GERSTEIN
TRUSTEE1.000.00Yes (X)$0$0$0
SAMANTHA H GILBERT
TRUSTEE1.000.00Yes (X)$0$0$0
ROBERT B GOLDSTEIN
TRUSTEE1.000.00Yes (X)$0$0$0
ELIZABETH FELLEMAN HAMMEL
TRUSTEE1.000.00Yes (X)$0$0$0
CRAIG KAPLAN ESQ
CHAIR EMERITUS1.000.00Yes (X)$0$0$0
CHRISTOPH M KIMMICH
TRUSTEE1.000.00Yes (X)$0$0$0
JOANNA MIGDAL
TRUSTEE3.000.00Yes (X)$0$0$0
VIVIAN PAN PHD CFA
TRUSTEE1.000.00Yes (X)$0$0$0
RAYMOND QUINLAN
TRUSTEE1.000.00Yes (X)$0$0$0
ROBERT F RAUCCI
TRUSTEE1.000.00Yes (X)$0$0$0
DR CAROLINE URVATER
TRUSTEE1.000.00Yes (X)$0$0$0
JIDE J ZEITLIN
TRUSTEE1.000.00Yes (X)$0$0$0
DR ROBIN GARRELL EX-OFFICIO
PRESIDENT (VOTING - BEG 8-3-20)1.0035.00Yes (X)Yes (X)$0$194,647$14,565
DR JAMES MUYSKEN
INTERIM PRESIDENT (VOTING TO 7-31-20)1.0035.00Yes (X)Yes (X)$0$273,344$0
DR JULIA WRIGLEY EX-OFFICIO
INTERIM PROVOST (NON-VOTING)1.0035.00Yes (X)$0$285,128$48,857
BRIAN PETERSON EX-OFFICIO
INTERIM S.V.P. FOR FINANCE (NON-VOTING)1.0011.00Yes (X)$0$294,306$76,144
JAY GOLAN EX-OFFICIO
EXECUTIVE DIRECTOR (NON-VOTING)35.002.00Yes (X)$0$284,766$80,063
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,332,191TotReportableCompRltdOrgAmt
Total Other Compensation$219,629TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CUNY RESEARCH FOUNDATION
230 WEST 41ST STREETNEW YORKNY100367207ADMINISTRATION$502,662
KRAMER LEVIN NAFTAILS AND FRANKEL LL
1177 AVENUE OF THE AMERICASNEW YORKNY10036LEGAL SERVICES$277,789
HIRTLE CALLAGHAN & CO
300 BARR HARBOR DRIVE FIFTH FLOORWEST CONSHOHOCKENPA19428INVESTMENT MANAGEMENT$140,853
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
All Other Contributions$14,306,261AllOtherContributionsAmt
Total Contributions$14,306,261TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$815,711TotalRevenueColumnAmt
Exclusion$815,711ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$35,589,570SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$34,690,221SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$899,349SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$899,349TotalRevenueColumnAmt
Exclusion$899,349ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescOTHER REVENUEDesc
Business900099BusinessCd
Total Revenue Column$5,431TotalRevenueColumnAmt
Exclusion$5,431ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$5,431OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$16,026,752TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,720,491ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$3,392TotalAmt
Program Services$3,392ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$2,985,199TotalAmt
Program Services$2,985,199ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$204,500TotalAmt
Program Services$204,500ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,975,977TotalAmt
Program Services$2,821,583ProgramServicesAmt
Fundraising$154,394FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$6,765TotalAmt
Program Services$6,765ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$23,164TotalAmt
Program Services$2,961ProgramServicesAmt
Management And General$20,203ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$172,423TotalAmt
Management And General$172,423ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,193,206TotalAmt
Program Services$1,182,706ProgramServicesAmt
Fundraising$10,500FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$57,771TotalAmt
Program Services$57,771ProgramServicesAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$205,637TotalAmt
Program Services$181,664ProgramServicesAmt
Fundraising$23,973FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$61,025TotalAmt
Program Services$17,190ProgramServicesAmt
Fundraising$43,835FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$24,458TotalAmt
Program Services$24,458ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$10,247TotalAmt
Program Services$8,374ProgramServicesAmt
Fundraising$1,873FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$18,046TotalAmt
Program Services$1,628ProgramServicesAmt
Management And General$16,418ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
BANK & CREDIT CARD PROC$53,838$2,623$51,215
MISCELLANEOUS$39,894$37,905$1,989
CUSTODIAL & FACILTIES S$16,500$16,500
BAD DEBT$12,500$12,500

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,008TotalAmt
Program Services$2,008ProgramServicesAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,066,550TotalAmt
Program Services$7,540,727ProgramServicesAmt
Management And General$289,259ManagementAndGeneralAmt
Fundraising$236,564FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,003,099BOYAmt
EOY$664,083EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$5,657,548BOYAmt
EOY$5,236,121EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,535,072BOYAmt
EOY$11,145,795EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$173,562BOYAmt
EOY$514,307EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$61,754LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$61,754LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$42,927,333BOYAmt
EOY$49,382,079EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$4,399,207BOYAmt
EOY$5,342,947EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$573,112BOYAmt
EOY$709,037EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$59,268,933BOYAmt
EOY$72,994,369EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$459,641BOYAmt
EOY$285,031EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$28,926BOYAmt
EOY$30,231EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$488,567BOYAmt
EOY$315,262EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$3,951,758BOYAmt
EOY$4,225,034EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$54,828,608BOYAmt
EOY$68,454,073EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$58,780,366BOYAmt
EOY$72,679,107EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$59,268,933BOYAmt
EOY$72,994,369EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$7,960,202ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$5,938,539NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,994,378CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,439,610CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,309,179CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,216,038CurrentTaxYearMinus1YearAmt
Current Tax Year$14,306,261CurrentTaxYearAmt
Total$51,265,466TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$10,994,378CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$8,439,610CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$9,309,179CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$8,216,038CurrentTaxYearMinus1YearAmt
Current Tax Year$14,306,261CurrentTaxYearAmt
Total$51,265,466TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$20,908,797SubstantialContributorsTotAmt
Public Support Total170$30,356,669PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$791,939CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$940,471CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,196,762CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$901,622CurrentTaxYearMinus1YearAmt
Current Tax Year$815,711CurrentTaxYearAmt
Total$4,646,505TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$188,896CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$112,396CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$74,375CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$51,977CurrentTaxYearMinus1YearAmt
Current Tax Year$5,431CurrentTaxYearAmt
Total$433,075TotalAmt
FieldValueIRS element (for citing)
Total Support$56,345,046TotalSupportAmt
Public Support CY1700.53880PublicSupportCY170Pct
Public Support PY1700.66470PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Collection Used Pub ExhibitionYes (X)CollectionUsedPubExhibitionInd
Coll Used Scholarly RsrchYes (X)CollUsedScholarlyRsrchInd
Collection Used PreservationYes (X)CollectionUsedPreservationInd
Solicited Assets Sale0SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$28,841,395BeginningYearBalanceAmt
Contributions$943,801ContributionsAmt
Investment Earnings Or Losses$7,373,381InvestmentEarningsOrLossesAmt
Other Expenditures$1,128,836OtherExpendituresAmt
End Year Balance$36,029,741EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$29,150,505BeginningYearBalanceAmt
Contributions$510,500ContributionsAmt
Investment Earnings Or Losses$548,362InvestmentEarningsOrLossesAmt
Other Expenditures$1,367,972OtherExpendituresAmt
End Year Balance$28,841,395EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$28,845,152BeginningYearBalanceAmt
Contributions$200ContributionsAmt
Investment Earnings Or Losses$1,357,189InvestmentEarningsOrLossesAmt
Other Expenditures$1,052,036OtherExpendituresAmt
End Year Balance$29,150,505EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$28,251,825BeginningYearBalanceAmt
Contributions$206,409ContributionsAmt
Investment Earnings Or Losses$1,409,543InvestmentEarningsOrLossesAmt
Other Expenditures$1,022,625OtherExpendituresAmt
End Year Balance$28,845,152EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$26,275,473BeginningYearBalanceAmt
Contributions$398,650ContributionsAmt
Investment Earnings Or Losses$2,608,348InvestmentEarningsOrLossesAmt
Other Expenditures$1,030,646OtherExpendituresAmt
End Year Balance$28,251,825EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.72856PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.27144TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$61,754OtherCostOrOtherBasisAmt
Depreciation$61,754DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
CHARITABLE GIFT FUND$177,251F
HEDGE FUND$5,165,696F
FieldValueIRS element (for citing)
Total Book Value Securities$5,342,947TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

FieldValueIRS element (for citing)
DescANNUITIES PAYABLEDesc
Amt$30,231Amt
FieldValueIRS element (for citing)
Total Liability$30,231TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$21,828,091TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$5,938,539NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$35,223DonatedServicesAndUseFcltsAmt
Revenue Not Reported$5,973,762RevenueNotReportedAmt
Revenue Subtotal$15,854,329RevenueSubtotalAmt
Investment Expenses Not Incld$172,423InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$172,423RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$16,026,752TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$7,929,350TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$35,223DonatedServicesUseFcltsAmt
Expenses Not Reported$35,223ExpensesNotReportedAmt
Expenses Subtotal$7,894,127ExpensesSubtotalAmt
Investment Expenses Not Incld2$172,423InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt$172,423ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,066,550TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, LINE 4:THE GRADUATE CENTER FOUNDATION, INC. ACCEPTS GIFTS OF ART IN KEEPING WITH ITS EDUCATIONAL MISSION TO INTERPRET VISUAL ART AND ADVANCE SCHOLARLY RESEARCH ON ART AND THE HISTORY OF ART. THE GRADUATE CENTER FOUNDATION, INC. ALSO PRESERVES AND EXHIBITS ART, SHARING KNOWLEDGE CREATED AT THE GRADUATE CENTER WITH THE PUBLIC AND USING THE ART TO INSPIRE AND EDUCATE THE PUBLIC.
PART V, LINE 4:THE ENDOWMENT FUNDS PROVIDE INCOME TO: SUPPORT CUNY GRADUATE CENTER IN ATTRACTING DISTINGUISHED FACULTY, PROVIDE SCHOLARSHIPS AND FELLOWSHIPS TO CUNY GRADUATE CENTER STUDENTS, AND DEVELOP ACADEMIC PROGRAMS.
PART X, LINE 2:THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE FOUNDATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN IT FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$0SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$0TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (3 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmt
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMTHE PROJECT WILL PRODUCE THREE RESEARCH PAPERS AND TWO MAIN DATABASES FOCUSED ON HIGH-END WEALTH AND WEALTH TRANSFER PATTERNS, TARGETED FOR ACADEMIC AS WELL AS NON-ACADEMIC AUDIENCES - DESIGNED FOR PLACEMENT ON THE STONE CENTER WEBSITE, UNDER THE RUBRIC OF THE "GC WEALTH PROJECT." FURTHERMORE, THE UNIVERSITY OF ROMA TRE WEALTH PROJECT RESEARCH GROUP WILL PROVIDE EXPERTISE AND CONSULTATION TO THE GC WEALTH PROJECT TEAM, THROUGHOUT THE DURATION OF THE GRANT.IN ORDER TO PRODUCE THESE RESEARCH PAPERS, DATABASES, AND MATERIALS, THE UNIVERSITY OF ROMA TRE WILL USE THE GRANT FUNDING TO PROVIDE THE FOLLOWING:1. WORK OR DESK SPACE FOR AT LEAST ONE SENIOR RESEARCHER, AND TWO RESEARCH ASSISTANTS 2. ADMINISTRATION OF HIRING AND STIPENDS FOR THE RESEARCH PERSONNEL LISTED ABOVE. 3. RESEARCH AND TRAVEL RELATED EXPENSES FOR RESEARCH STAFF, INCLUDING TRAVEL TO THE STONE CENTER. 4. ADMINISTRATION AND EXPENSES RELATED TO THE ORGANIZATION OF AN INTERNATIONAL WORKSHOP/CONFERENCE ORGANIZED IN 2021.$149,500
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMLIS HAS FOUR OBJECTIVES: TO (I) COLLECT AND HARMONIZE MICRODATA-SETS FROM DIVERSE GEOGRAPHICAL REGIONS WHICH DETAIL INCOME, WEALTH, EMPLOYMENT AND DEMOGRAPHY; (II) PROVIDE A SECURE METHOD THAT ALLOWS INVESTIGATORS TO ACCESS DATA WITH PRIVACY RESTRICTIONS; (III) CREATE A REMOTE-EXECUTION SYSTEM TO FACILITATE OFF-SITE RESEARCH, AND (IV) PROMOTE THE CONTINUED USE OF ITS WEALTH AND INCOME MICRODATA BY RESEARCHERS AND SCHOLARS INVE$25,000
EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUMLIS HAS FOUR OBJECTIVES: TO (I) COLLECT AND HARMONIZE MICRODATA-SETS FROM DIVERSE GEOGRAPHICAL REGIONS WHICH DETAIL INCOME, WEALTH, EMPLOYMENT AND DEMOGRAPHY; (II) PROVIDE A SECURE METHOD THAT ALLOWS INVESTIGATORS TO ACCESS DATA WITH PRIVACY RESTRICTIONS; (III) CREATE A REMOTE-EXECUTION SYSTEM TO FACILITATE OFF-SITE RESEARCH, AND (IV) PROMOTE THE CONTINUED USE OF ITS WEALTH AND INCOME MICRODATA BY RESEARCHERS AND SCHOLARS INVESTIGATING SOCIAL AND ECONOMIC WELLBEING ON A GLOBAL LEVEL. BY PROVIDING AN INFRASTRUCTURE WITH DATASETS FROM GEOGRAPHICALLY AND ECONOMICALLY DIVERSE COUNTRIES, LIS BROADENS THE INTELLECTUAL BASIS FOR INTERDISCIPLINARY RESEARCHERS ANALYZING HOUSEHOLD MICRODATA.$30,000
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART III ACCOUNTING METHOD:FormAndLineReferenceDesc

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)

Grant TypeGrantTypeTxtRecipientRecipientCntCash GrantCashGrantAmt
FELLOWSHIPS1150$2,907,762
STIPENDS3$77,437

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationDOCTORAL PROGRAMS CONSIDER ACADEMIC MERIT WHEN MAKING AWARDS, AS WELL AS OTHER PRACTICAL AND ACADEMIC FACTORS. ONCE A PROGRAM'S AWARDS COMMITTEE HAS MADE A NOMINATION, THE OFFICE OF FINANCIAL AID NOTIFIES THE STUDENT OF THE AWARD AND COLLECTS THE REQUIRED DOCUMENTATION NEEDED TO PAY THE AWARD. U.S. CITIZENS AND PERMANENT RESIDENTS AS WELL AS INTERNATIONAL STUDENTS ARE ELIGIBLE FOR INSTITUTIONAL AID. SOME AWARDS SUCH AS NAMED FELLOWSHIPS, REQUIRE ADDITIONAL SUPPORTING MATERIALS, WHICH ARE NOTED IN THE DESCRIPTION OF THE INDIVIDUAL AWARDS. DISSERTATION-YEAR AWARD APPLICATIONS ARE REVIEWED BY THE OFFICE OF THE PROVOST. DISSERTATION-YEAR AWARDS: STUDENTS ARE INFORMED OF THE COMPETITION AND APPLICATIONS ARE MADE AVAILABLE DURING THE FALL SEMESTER. THE DUE DATE FOR APPLICATIONS IS IN MID-JANUARY. STUDENTS SUBMIT APPLICATIONS THAT INCLUDE A TEN-PAGE PROPOSAL ON THEIR DISSERTATION RESEARCH, A TWO-PAGE CV, THEIR CURRENT GRADUATE CENTER TRANSCRIPT, AND A LETTER OF RECOMMENDATION FROM THEIR ADVISOR. THE PROVOST'S OFFICE USUALLY RECEIVES ABOUT 200 APPLICATIONS PER YEAR (201 IN 2019). THE PROVOST'S OFFICE COMPILES THE APPLICATION PACKET (INCLUDING THE REFERENCE LETTERS) FOR EACH STUDENT AND ORGANIZES INTERDISCIPLINARY REVIEW PANELS BY ACADEMIC CLUSTER (SOCIAL SCIENCES, HUMANITIES, AND SCIENCES/MATH). THERE ARE USUALLY ABOUT 13 PANELS, OF APPROXIMATELY 17-20 PROPOSALS EACH. THE EXECUTIVE OFFICERS OF EACH DOCTORAL PROGRAM ARE ASKED TO RECOMMEND FACULTY MEMBERS TO SERVE AS REVIEWERS AND THE APPLICATION PACKETS ARE SHARED ELECTRONICALLY WITH THOSE REVIEWERS. USUALLY EACH PANEL IS COMPOSED OF PROPOSALS FROM THREE DIFFERENT DISCIPLINES, WITH A FACULTY MEMBER FROM EACH OF THE REPRESENTED DISCIPLINES. AFTER REVIEWING THE PROPOSALS ON THEIR OWN, THE PANEL MEMBERS MEET AT THE GRADUATE CENTER TO DISCUSS AND RANK THE TOP 5-7 PROPOSALS OUT OF THEIR GROUP OF APPLICATIONS. AFTER ALL THE PANELS HAVE MET, THE ASSOCIATE PROVOST MAKES THE FINAL DECISIONS ON AWARDS. THE HIGHEST RANKED APPLICANTS ON EACH PANEL RECEIVE MAJOR DISSERTATION FELLOWSHIPS, AND DEPENDING ON THE NUMBER OF FELLOWSHIPS AVAILABLE, ADDITIONAL AWARDS ARE GIVEN, BASED ON THE PANEL RANKINGS. MAJOR AWARDS ARE CURRENTLY $25,000 AND INCLUDE IN-STATE TUITION COVERAGE. SOME OF THE AWARDS HAVE SPECIAL TOPICS OR THEMES AND THESE AWARDS ARE, SIMILARLY, MADE BASED ON THE HIGHEST RANKED PROPOSAL THAT MEETS THE SPECIFIC AWARD CRITERIA. SEVERAL OF THE DISSERTATION FELLOWSHIPS ARE REVIEWED OUTSIDE OF THE PROVOST'S OFFICE BY SPECIFIC CENTERS AND INSTITUTES (I.E., THE LEVY CENTER FOR BIOGRAPHY, THE RALPH BUNCHE INSTITUTE, THE CENTER FOR PLACE, CULTURE AND POLITICS). STUDENT APPLICATIONS FOR THESE AWARDS ARE FORWARDED TO THE RELEVANT CENTER FOR REVIEW, IN ADDITION TO BEING REVIEWED BY THE PANELS CONVENED BY THE PROVOST'S OFFICE. LISTS ARE COMPARED PRIOR TO AWARD DECISIONS, AND STUDENTS TYPICALLY ONLY RECEIVE ONE AWARD (OCCASIONALLY SMALLER AWARDS ARE COMBINED TO A MAXIMUM OF $25,000). AFTER ALL PANELS HAVE MET AND THE ASSOCIATE PROVOST HAS MADE FINAL AWARD DECISIONS, STUDENTS ARE NOTIFIED OF AWARDS BY EMAIL. AWARDS ARE ENTERED BY THE FINANCIAL AID OFFICE LATER IN THE SEMESTER. AFTER AWARD OFFERS ARE MADE, A MEMO IS ALSO SENT TO EXECUTIVE OFFICERS AND TO FACULTY REVIEWERS TO ANNOUNCE THE RECIPIENTS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BRIAN PETERSON EX-OFFICIO
INTERIM S.V.P. FOR FINANCE (NON-VOTI$0$294,306$0$0$0$0$0$22,800$0$53,344$0$370,450$0$0
JAY GOLAN EX-OFFICIO
EXECUTIVE DIRECTOR (NON-VOTING)$0$284,766$0$0$0$0$0$22,440$0$57,623$0$364,829$0$0
DR JULIA WRIGLEY EX-OFFICIO
INTERIM PROVOST (NON-VOTING)$0$285,128$0$0$0$0$0$38,383$0$10,474$0$333,985$0$0
DR JAMES MUYSKEN
INTERIM PRESIDENT (VOTING TO 7-31-20$0$273,344$0$0$0$0$0$0$0$0$0$273,344$0$0
DR ROBIN GARRELL EX-OFFICIO
PRESIDENT (VOTING - BEG 8-3-20)$0$194,647$0$0$0$0$0$11,277$0$3,288$0$209,212$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART I, LINE 1:THE GRADUATE CENTER FOUNDATION WAS ESTABLISHED IN 1983 AS AN INDEPENDENT NOT FOR PROFIT ENTITY THAT IS COMMITTED TO PROMOTING AND SAFEGUARDING THE SUCCESS OF THE GRADUATE CENTER. AS THE SOLE CHANNEL FOR CONTRIBUTIONS TO THE PROGRAMS, CENTERS AND INSTITUTIONS OF THE GRADUATE CENTER, THE FOUNDATION WORKS WITH THE PRESIDENT AND PROVOST OF THE GRADUATE CENTER ON INSTITUTIONAL PRIORITIES SUCH AS STUDENT HOUSING, CAREER PLANNING AND COLLABORATIVE RESEARCH, AND WITH PROGRAM LEADERS ON TARGETED SCHOLARSHIPS AND STIPENDS, TRAVEL AND CONFERENCE AID, AND COMMUNICATING TO AND FROM ALUMNI. THE FOUNDATION ALSO MANAGES AND INVESTS DONATIONS FOR USE BY THE GRADUATE CENTER, AND HAS BUILT UP A FUND OF APPROXIMATELY $40 MILLION UNDER MANAGEMENT AS OF THIS YEAR. THE GRADUATE CENTER OF THE CITY UNIVERSITY OF NEW YORK, A LEADER IN PUBLIC GRADUATE EDUCATION, IS COMMITTED TO DOCTORAL AND MASTER'S EDUCATION FOR THE PUBLIC GOOD. INNOVATIVE RESEARCH, RIGOROUS SCHOLARSHIP, AND COLLABORATIVE AND INTERDISCIPLINARY LEARNING DEFINE GRADUATE EDUCATION HERE AND PREPARE STUDENTS WITH CREATIVE, PROBLEM-SOLVING EXPERTISE TO THRIVE IN AND BEYOND THE ACADEMY. THE GRADUATE CENTER IS LOCATED IN THE HEART OF MANHATTAN AND SET WITHIN THE LARGE AND MULTI CAMPUS CITY UNIVERSITY OF NEW YORK. IT FOSTERS ADVANCED GRADUATE EDUCATION, ORIGINAL RESEARCH AND SCHOLARSHIP, INNOVATIVE UNIVERSITY-WIDE PROGRAMS, AND VIBRANT PUBLIC EVENTS THAT DRAW UPON AND CONTRIBUTE TO THE COMPLEX COMMUNITIES OF NEW YORK CITY AND BEYOND. THROUGH A BROAD RANGE OF NATIONALLY PROMINENT DOCTORAL PROGRAMS, THE GRADUATE SCHOOL PREPARES STUDENTS TO BE SCHOLARS, TEACHERS, EXPERTS, AND LEADERS IN THE ACADEMY, THE ARTS AND IN THE PRIVATE, NONPROFIT, AND GOVERNMENT SECTORS. COMMITTED TO CUNY'S HISTORIC MISSION OF EDUCATING THE CHILDREN OF THE WHOLE PEOPLE, WE WORK TO PROVIDE ACCESS TO GRADUATE EDUCATION FOR DIVERSE GROUPS OF HIGHLY-TALENTED STUDENTS, INCLUDING THOSE WHO HAVE BEEN UNDERREPRESENTED IN HIGHER EDUCATION.
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:THE GRADUATE CENTER FOUNDATION IS COMMITTED TO PROMOTING AND SAFE-GUARDING THE SUCCESS OF THE GRADUATE CENTER BY RAISING FUNDS AND MANAGING AND INVESTING DONATIONS FOR USE BY THE GRADUATE CENTER. THE BOARD OF TRUSTEES OF THE FOUNDATION SERVES AS ADVISORS TO THE PRESIDENT OF THE GRADUATE CENTER. THE BOARD WORKS TO HEIGHTEN THE VISIBILITY OF THE GRADUATE CENTER AND TO RAISE AWARENESS OF THE GRADUATE CENTER'S CONTRIBUTION TO HIGHER EDUCATION AND ITS CULTURAL VITALITY IN NEW YORK CITY. THE GRADUATE CENTER FOUNDATION HOUSING CORPORATION AND THE GRADUATE CENTER HOUSING CORPORATION LIC ARE SUBSIDIARIES OF THE GRADUATE CENTER FOUNDATION. THE BOARD OF TRUSTEES OF THE HOUSING CORPORATION OVERSEES THE MANAGEMENT OF STREICKER HALL ON EAST 118TH STREET. STREICKER HALL PROVIDE AN AFFORDABLE HOUSING OPTION TO GRADUATE CENTER STUDENTS AND FACULTY. THE GRADUATE CENTER, CUNY, IS THE FOCAL POINT FOR ADVANCED TEACHING AND RESEARCH AT THE CITY UNIVERSITY OF NEW YORK (CUNY), THE NATION'S LARGEST URBAN PUBLIC UNIVERSITY. WITH OVER 35 DOCTORAL AND MASTER'S PROGRAMS OF THE HIGHEST CALIBER, THE GRADUATE CENTER FOSTERS PIONEERING RESEARCH AND SCHOLARSHIP IN THE ARTS AND SCIENCES AND PREPARES STUDENTS FOR CAREERS IN UNIVERSITIES AND THE PRIVATE, NONPROFIT, AND GOVERNMENT SECTORS. THE GRADUATE CENTER'S COMMITMENT TO RESEARCH AND SCHOLARSHIP FOR THE PUBLIC GOOD IS EXEMPLIFIED BY ITS MORE THAN 30 CENTERS, INSTITUTES, AND INITIATIVES, INCLUDING ITS ADVANCED SCIENCE RESEARCH CENTER, A 200,000 SQUARE-FOOT FACILITY IN UPPER MANHATTAN, DESIGNED TO PROMOTE COLLABORATION AMONG SCIENTISTS IN FIVE AREAS OF GLOBAL RESEARCH AND INNOVATION: NANOSCIENCE, PHOTONICS, STRUCTURAL BIOLOGY, NEUROSCIENCE, AND ENVIRONMENTAL SCIENCES. THE GRADUATE CENTER BENEFITS FROM HIGHLY AMBITIOUS AND DIVERSE STUDENTS AND ALUMNI-WHO IN TURN TEACH HUNDREDS OF THOUSANDS OF UNDERGRADUATES EVERY YEAR. THROUGH ITS PUBLIC PROGRAMS, THE GRADUATE CENTER ENHANCES NEW YORK CITY'S INTELLECTUAL AND CULTURAL LIFE. THE GRADUATE CENTER IS LOCATED IN THE HEART OF MANHATTAN AND SET WITHIN THE LARGE AND MULTI-CAMPUS CITY UNIVERSITY OF NEW YORK. IT FOSTERS ADVANCED GRADUATE EDUCATION, ORIGINAL RESEARCH AND SCHOLARSHIP, INNOVATIVE UNIVERSITY-WIDE PROGRAMS, AND VIBRANT PUBLIC EVENTS THAT DRAW UPON AND CONTRIBUTE TO THE COMPLEX COMMUNITIES OF NEW YORK CITY AND BEYOND. THROUGH A BROAD RANGE OF NATIONALLY PROMINENT DOCTORAL PROGRAMS, THE GRADUATE SCHOOL PREPARES STUDENTS TO BE SCHOLARS, TEACHERS, EXPERTS, AND LEADERS IN THE ACADEMY, THE ARTS AND IN THE PRIVATE, NONPROFIT, AND GOVERNMENT SECTORS. COMMITTED TO CUNY'S HISTORIC MISSION OF EDUCATING THE "CHILDREN OF THE WHOLE PEOPLE," WE WORK TO PROVIDE ACCESS TO DOCTORAL EDUCATION FOR DIVERSE GROUPS OF HIGHLY TALENTED STUDENTS, INCLUDING THOSE WHO HAVE BEEN UNDERREPRESENTED IN HIGHER EDUCATION.
FORM 990, PART VI, SECTION B, LINE 11BPRIOR TO FILING THE FORM 990, A DRAFT IS SENT TO ALL MEMBERS OF THE AUDIT COMMITTEE FOR ITS REVIEW. THE REVIEW OF THE FORM 990 (DRAFT) IS INCLUDED ON THE AUDIT COMMITTEE'S MEETING AGENDA. THE AUDIT COMMITTEE REVIEWS THE DRAFT FORM 990 AND PRESENTS IT TO THE FULL BOARD. THE MINUTES OF THE MEETING OF THE AUDIT COMMITTEE RECORD THE TIMING AND NATURE OF THAT REVIEW. AFTER BOARD APPROVAL THE FORM 990 IS FILED WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CBOARD MEMBERS AND KEY EMPLOYEES SIGN A CONFLICT OF INTEREST FORM ANNUALLY. IF THERE IS A POTENTIAL CONFLICT, IT IS SUBMITTED TO THE AUDIT COMMITTEE FOR REVIEW AND CONSIDERATION. INDIVIDUALS WITH A CONFLICT ARE EXCLUDED FROM THE DECISION-MAKING PROCESS
FORM 990, PART VI, SECTION C, LINE 19COPIES OF GOVERNING DOCUMENTS AND CONFLICT OF INTEREST FORMS ARE PROVIDED UPON REQUEST. THE MOST RECENT ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE ON WWW.GC.CUNY.EDU WEBSITE. PRIOR YEARS' ANNUAL FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
FORM 990, PART IX, LINE 11GCONSULTING: PROGRAM SERVICE EXPENSES 1,004,418. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 10,500. TOTAL EXPENSES 1,014,918. HONORARIA: PROGRAM SERVICE EXPENSES 178,288. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 178,288.
FORM 990, PART XII, LINE 2A:THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
GRADUATE CENTER FOUNDATION HOUSING CORPORATION
365 FIFTH AVENUENEW YORKNY10016262227891CREATE AFFORDABLE HOUSING FOR STUDENTS & FACULTY OF THE GRADUATE CENTERNY501(C)(3)LINE 12A, ITHE GRADUATE CENTER FOUNDATION INCYes (1)
GRADUATE CENTER FOUNDATION HOUSING CORPORATION LIC
365 FIFTH AVENUENEW YORKNY10016461461744CREATE AFFORDABLE HOUSING FOR STUDENTS & FACULTY OF THE GRADUATE CENTERNY501(C)(3)LINE 12A, ITHE GRADUATE CENTER FOUNDATION INCYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other OrgYes (1)TransferFromOtherOrgInd

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