2016-02-15T00:00:00-06:00 2015-06-30 271728945 PKF O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2014-07-01 133598671 THE HUNTER COLLEGE FOUNDATION INC HUNT 2126503607 695 PARK AVENUE NO HE1313 NEW YORK NY 10065 SUZANNE SANTRY VICE CHAIR 2126503607 2016-02-16 1 GARRETT M HIGGINS P00543209 2122862600 2016-02-16 2014 2016-08-17 19:52:53Z SUZANNE SANTRY 695 PARK AVENUE NO HE1313 NEW YORK NY 10065 61170928 0 X WWW.HUNTER.CUNY.EDU/HUNTER-COLLEGE-FOUNDATION X 1991 NY 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 PURPOSESAREAS 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 42 41 74 221 0 0 45981740 27336137 0 0 2779200 2970415 -15719 -18657 48745221 30287895 7703864 8955063 0 0 1538907 1376658 145323 152486 1424770 2926742 3489257 12314836 13973464 36430385 16314431 121410522 133298182 922144 1028225 120488378 132269957 X SEE SCHEDULE OTHE 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 THE HEALTH PROFESSIONS, HUNTER COLLEGE HIGH SCHOOL, SCHOOL OF URBAN PUBLIC HEALTH 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. 0 0 6058368 3104761 EDUCATIONAL PROGRAMSTHE 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. 3809194 3809194 SCHOLARSHIPS AND GRANTSTHE 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 AND PERPETUATING THE EXTRAORDINARY HUNTER COMMUNITY OF SCHOLARS, STUDENTS AND ALUMNI. APPROXIMATELY 1,500 STUDENTS RECEIVED SCHOLARSHIPS THOUGH THE HUNTER COLLEGE FOUNDATION IN THE FISCAL YEAR ENDING JUNE 30, 2015. 2061162 2041108 FACILITY RENOVATIONSTHE HUNTER COLLEGE FOUNDATION SUPPORTS THE REPAIRS, RENOVATION AND IMPROVEMENTS OF THE FACILITIES AT HUNTER COLLEGE SUCH AS RENOVATION OF THE LIBRARY, UPGRADE 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. 11928724 1 1 0 0 0 0 0 1 0 1 0 1 0 0 1 1 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 1 193 0 74 1 0 0 0 0 0 1 1 0 0 0 0 X 42 41 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 AK AR CA CO DC KY LA MD MA MI MN NH NJ NY OH OR RI SC UT X X LANA GOLDENBERG CO HUNTER COLLEGE 2127725632 695 PARK AVENUE HE 1313 NEW YORK NY 10065 ELIZABETH H WITTEN CHAIR & TTEE-TERM ENDED SEPT. 2014 2.00 X X 0 0 0 JOAN GRABE CHAIR & TRUSTEE 2.00 X X 0 0 0 SUZANNE SANTRY VICE CHAIR 2.00 1.00 X X 0 0 0 CATHY WEINROTH TREASURER & TRUSTEE 2.00 0.50 X X 0 0 0 RUTH B NEWMAN SECRETARY & TRUSTEE 2.00 X X 0 0 0 SUSIE PETERSON CASE TREAS. & TTEE-TERM ENDED SEPT 2014 2.00 X X 0 0 0 ABBY MILLER LEVY TRUSTEE 2.00 X 0 0 0 ABHINAV PRASAD TRUSTEE 2.00 X 0 0 0 ADA PELUSO TRUSTEE 2.00 X 0 0 0 ALEX KOHEN TRUSTEE 2.00 X 0 0 0 AVINASH N MEHROTRA TRUSTEE 2.00 X 0 0 0 BARBARA GLOVEN CHESLER TRUSTEE 2.00 0.50 X 0 0 0 CAROL GOLDBERG TRUSTEE 2.00 X 0 0 0 CAROLE OLSHAN TRUSTEE 2.00 X 0 0 0 CHARLOTTE K FRANK TRUSTEE 2.00 X 0 0 0 CHRISTOPHER A SEEGER TRUSTEE 2.00 X 0 0 0 CRAIG MACPHERSON TRUSTEE 2.00 X 0 0 0 DAVID CHAPNICK TRUSTEE-TERM ENDED DEC. 2014 2.00 X 0 0 0 DIANE VOLK TRUSTEE 2.00 X 0 0 0 DONALD CAPOCCIA TRUSTEE 2.00 X 0 0 0 ELBRUN KIMMELMAN TRUSTEE 2.00 X 0 0 0 ELLEN ODONER TRUSTEE-TERM ENDED SEPT. 2014 2.00 X 0 0 0 EVELYN KRANES KOSSAK TRUSTEE 2.00 X 0 0 0 HARRIET M GRUBER TRUSTEE 2.00 X 0 0 0 HELEN APPEL TRUSTEE 2.00 X 0 0 0 HELENE D GOLDFARB TRUSTEE 2.00 X 0 0 0 JANE E OPPENHEIM TRUSTEE 2.00 X 0 0 0 JODY GOTTFRIED ARNHOLD TRUSTEE 2.00 X 0 0 0 JUDY F ZANKEL TRUSTEE 2.00 X 0 0 0 JULIE ROSS TRUSTEE 2.00 X 0 0 0 KLARA SILVERSTEIN TRUSTEE 2.00 X 0 0 0 KELLE JACOB TRUSTEE 2.00 X 0 0 0 LEONA F CHANIN TRUSTEE 2.00 X 0 0 0 MARY CIRILLO-GOLDBERG TRUSTEE 2.00 X 0 0 0 MICHAEL COHN TRUSTEE 2.00 X 0 0 0 MICHAEL P FRANKFURT TRUSTEE 2.00 X 0 0 0 NEIL JANOVIC TRUSTEE 2.00 X 0 0 0 PATTY C BAKER TRUSTEE 2.00 X 0 0 0 ROGER KAMAU TRUSTEE 2.00 X 0 0 0 SHEILA L BIRNBAUM TRUSTEE 2.00 X 0 0 0 SIDNEY A MILLER TRUSTEE 2.00 X 0 0 0 SOPHIA MUIRHEAD TRUSTEE 2.00 0.50 X 0 0 0 SUSAN M STEINHARDT TRUSTEE 2.00 X 0 0 0 SUSAN V BERSHAD TRUSTEE 2.00 X 0 0 0 SUZY BALES TRUSTEE 2.00 X 0 0 0 JENNIFER R RAAB EX-OFFICIO TRUSTEE 15.00 45.00 X 326334 0 68530 PATRICIA MORAN FORMER EXECUTIVE DIRECTOR 55.00 X 196089 0 41179 EVE A LEVY MAJOR GIFTS CONSULTANT 40.00 X 147150 0 0 669573 0 109709 3 0 1 1 RUFFALO NOEL LEVITZ 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 FUNDRAISING 155441 AVI FOOD SYSYTEMS INC 2590 ELM ROAD NE WARREN OH 44483 CATERING/FOOD SERVICES 150558 THE NEW YORK TIMES 620 EIGHTH AVENUE NEW YORK NY 10018 ADVERTISING 125000 NEUMAN'S KITCHEN 203 CHRYSTIE STREET NEW YORK NY 10002 CATERING/FOOD SERVICES 111401 CALVERT WRIGHT ARCHITECTURE PC 600 WEST 57TH STREET 2ND FLOOR NEW YORK NY 10019 ARCHITECTURAL 108240 6 21435 27314702 97336 27336137 2055911 2055911 31773800 30859296 914504 914504 914504 5080 21435 23737 -18657 -18657 30287895 0 0 2951758 8271306 8271306 676557 676557 7200 7200 1245610 628369 221584 395657 131048 69766 26448 34834 7031 7031 82881 82881 152486 152486 157476 157476 753602 494452 48940 210210 169428 169428 336258 300557 10761 24940 123064 107085 9330 6649 229727 229727 82753 55568 27185 3908 3908 23529 8451 15078 PUBLIC PROG AND EXHIBIT 685518 454489 72 230957 SPEAKER/HONORARIUM FEES 378336 378336 PUBLICATION EXPENSES 148301 65355 440 82506 ALUMNI AFFAIRS EXPENSE 89163 89163 218282 181506 19775 17001 13973464 11928724 619970 1424770 2626861 3194568 8204372 4040355 46634280 51154498 15157 38394 53339500 64605300 10409867 10006995 180485 258072 121410522 133298182 732967 851935 125000 125000 64177 51290 922144 1028225 X 751393 1048377 73836184 77350448 45900801 53871132 120488378 132269957 121410522 133298182 X 16314431 -2221352 -2311500 X X 0 1 X 1 0 X 8808120 20981979 27752677 45981740 27336137 130860653 8808120 20981979 27752677 45981740 27336137 130860653 50724251 80136402 1045338 971434 1082817 1431621 2055911 6587121 137447774 0.58300 0.60950 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 165000 0 40468917 5207530 477204 578661 808761 44766229 32279525 4370984 4836805 684527 333870 40468917 32402419 5656366 2095825 217025 7658060 32279525 26019495 6819336 201902 180061 458253 32402419 23571615 95235 2624071 43320 228106 26019495 0.86100 0.13900 0 0 0 ALTERNATIVE INVESTMENTS 10006995 F 10006995 ANNUITY OBLIGATIONS 51290 51290 X 27291852 -2221352 1670548 23737 -527067 27818919 157476 2311500 2468976 30287895 15510273 1670548 23737 1694285 13815988 157476 157476 13973464 PART X, LINE 2: THE FOUNDATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION. THE FOUNDATION IS NO LONGER SUBJECT TO AUDITS BY THE APPLICABLE TAXING JURISDICTIONS FOR TAX YEARS PRIOR TO 2011. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE REPORTED ON FORM 990, PART VIII, LINE 8B 23,737. PART XI, LINE 4B - OTHER ADJUSTMENTS: LOSSES ON UNCOLLECTIBLE PLEDGES 2,311,500. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE REPORTED ON FORM 990, PART VIII, LINE 8B 23,737. PART V - LINE 4 - INTENDED USE OF ENDOWMENT FUNDS THE MISSION OF THE HUNTER COLLEGE FOUNDATION IS TO ENHANCE HUNTER COLLEGE'S POSITION AS A PREMIERE PUBLIC EDUCATIONAL INSTITUTION. THE FOUNDATION'S ENDOWMENT SUPPORTS THE FOLLOWING AREAS: - FACULTY RECRUITMENT, DEVELOPMENT, AND RETENTION - ACCESS FOR QUALIFIED STUDENTS, INCLUDING SCHOLARSHIPS AND FELLOWSHIPS - STUDENT SUPPORT SERVICES - PROGRAM DEVELOPMENT - MATERIALS, TECHNOLOGY, AND EQUIPMENT - FACILITY DEVELOPMENT AND MAINTENANCE 1 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 7984248 NORTH AMERICA - CANADA AND MEXICO, BUT BUT NOT THE UNITED STATES 0 0 SCHOLARSHIPS 7200 0 0 0 0 0 0 7991448 0 7991448 SCHOLARSHIPS NORTH AMERICA 2 7200 WIRE TRANSFER 1 0 1 0 0 0 PART I, LINE 2 MFA STUDENTS STUDYING IN MEXICO: HUNTER SENDS 2 MFA STUDENTS EACH SUMMER TO STUDY AT SOMA, A PRESTIGIOUS MUSEUM IN MEXICO CITY. THE FUNDING COVERS THE TUITION AT SOMA FOR THE SUMMER. THE HUNTER FACULTY IN THE DEPARTMENT OF ART AND ART HISTORY MAKE THE STUDENTS AWARE OF THE OPPORTUNITY TO STUDY IN MEXICO. THE FACULTY VETS THE STUDENT APPLICATIONS AND APPROVES WHICH STUDENTS CAN SUBMIT THEIR APPLICATION TO SOMA. SOMA SELECTS STUDENTS WITH AN UNDERSTANDING THAT TWO HUNTER STUDENTS ARE SELECTED FOR EACH SUMMER SESSION. THE FOUNDATION TANSFERS THE MONEY VIA WIRE TRANSFER DIRECTLY TO SOMA. BY PROVIDING MFA STUDENTS WITH THE OPPORTUNITY TO STUDY AT A CONTEMPORARY ART PROGRAM IN MEXICO, THE FOUNDATION IS FURTHERING ITS MISSION TO ENHANCE HUNTER'S POSITION AS A PREMIERE PUBLIC EDUCATIONAL INSTITUTION. AN IMPORTANT PART OF THE FOUNDATION'S MISSION IS TO PROVIDE ACCESS FOR QUALIFIED STUDENTS WITH SCHOLARSHIPS AND FELLOWSHIPS. IN ADDITION, THE COLLEGE AND THE FOUNDATION ARE COMMITTED TO PROVIDING GLOBAL EXPERIENCES FOR ALL OF OUR STUDENTS AT THE UNDERGRADUATE AND GRADUATE LEVEL. PART IV, LINE 3 THE ORGANIZATION'S OWNERSHIP INTEREST IN THE FOREIGN CORPORATIONS WAS UNDER TEN PERCENT DURING THE YEAR. THEREFORE, FORM 5471 WAS NOT REQUIRED TO BE FILED. X X X X X X 1 RUFFALO NOEL LEVITZ DBA RUFFALO CODY 1025 KIRKWOOD PARKWAY SW CEDAR RAPIDS IA 52404 FUNDRAISING/SOLICITATIONS/TELEMARKETING 0 199019 152486 46533 199019 152486 46533 AL AK AZ AR CA CO CT DE FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY BROOKDALE CENTER BENEFIT 26515 21435 5080 13282 10455 26515 21435 5080 13282 10455 23737 -18657 1 HUNTER COLLEGE OF THE CITY UNIVERSITY OF NEW YORK 695 PARK AVENUE NEW YORK NY 10065 136001027 501(C)(3) 4084502 0 TO SUPPORT HUNTER COLLEGE TOWARDS SALARIES, SCHOLARSHIPS, EQUIPMENT, PROGRAM, CAMPUS SCHOOL RESEARCH FOUNDATION OF CITY UNIVERSITY OF NEW YORK 695 PARK AVENUE ROOM 1424E NEW YORK NY 10065 131988190 501(C)(3) 654114 0 TO SUPPORT RESEARCH HUNTER HILLEL FOUNDATION 695 PARK AVENUE ROOM E1317A NEW YORK NY 10065 133853221 501(C)(3) 110564 0 TO SUPPORT THE MISSION OF THE ORGANIZATION FOR THE CONSTRUCTION FOR HUNTER COLLEGE CITY UNIVERSITY CHARLES B WANG COMMUNITY HEALTH CENTER 268 CANAL STREET NEW YORK NY 10013 132739694 501(C)(3) 10000 0 TISCH COMMUNITY HEALTH PRIZE AWARD RECIPIENT CENTER FOR ALTERNATIVE SENTENCING AND EMPLOYMENT SERVICES 2090 ADAM CLAYTON POWELL NEW YORK NY 10027 132668080 501(C)(3) 5000 0 TISCH COMMUNITY HEALTH PRIZE AWARD RECIPIENT CUNY CENTRAL OFFICE- OFFICE OF UNIVERSITY CONTROLLER 205 EAST 42ND STREET NEW YORK NY 10017 133893536 501(C)(3) 3407126 0 CUNY CENTRAL OFFICE DISTRIBUTES THE SCHOLARSHIPS TO HUNTER STUDENTS ON BEHALF OF HUNTER COLLEGE 6 SCHOLARSHIPS/FELLOWSHIPS 280 394868 GRANT AWARDS-EMERGENCY FUNDING 69 81003 STIPEND/INTERNSHIPS 75 137915 AWARDS - COLLEGE FACULTY 58 62771 PART I, LINE 2: GRANTS TO ORGANIZATIONS: THE HUNTER COLLEGE FOUNDATION (HCF) SUPPORTS THE ACTIVITIES OF THE SPECIFIC ORGANIZATIONS BY PROVIDING GRANTS TO THEM. HCF SYSTEMATICALLY REQUIRES COPIES OF THE RECEIPTS AND INVOICES, BUDGET AND PROJECT PROGRESS INFORMATION FROM THESE ORGANIZATIONS TO ASSURE PROPER USAGE OF THE FUNDS. THE PURPOSE OF THE EXPENDITURES IS COMPARED TO THE PURPOSE OF THE RESPECTIVE ACCOUNT. GRANTS TO INDIVIDUALS: THE FOUNDATION TRANSFERS THE FUNDS TO THE CITY UNIVERSITY OF NEW YORK (CUNY) CENTRAL OFFICE WHO APPLIES THEM AGAINTS STUDENTS' ACCOUNTS (TOWARDS THEIR TUITIONS). ANY BALANCES ARE REFUNDED DIRECTLY TO STUDENTS BY CUNY CHECK. SOME DONORS DO REQUIRE STEWARDSHIP REPORTS, DETAILING HOW THE FOUNDATION ALLOCATED THE FUNDS AND HOW THE STUDENTS WERE SELECTED. THE FOUNDATION HAS PROCESSES IN PLACE TO ENABLE IT TO PREPARE SUCH STEWARDSHIP REPORTS WHEN THEY ARE REQUIRED. 0 0 0 0 0 0 0 0 0 JENNIFER R RAAB EX-OFFICIO TRUSTEE 326334 0 0 0 0 0 26107 0 42423 0 394864 0 0 0 PATRICIA MORAN FORMER EXECUTIVE DIRECTOR 196089 0 0 0 0 0 15687 0 25492 0 237268 0 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR OF THE FOUNDATION IS NOT COMPENSATED BY THE HUNTER COLLEGE FOUNDATION; HOWEVER SHE IS EMPLOYED BY THE CITY UNIVERSITY OF NEW YORK AS EXECUTIVE DIRECTOR OF DEVELOPMENT AND IS COMPENSATED BY CUNY UNIVERSITY OF NEW YORK. HUNTER COLLEGE IS PART OF THE CITY UNIVERSITY OF NEW YORK ("CUNY"), A QUASI-GOVERNMENTAL ENTITY, AND THEREFORE FOLLOWS CUNY'S HIRING PRACTICES. THIS POSITION IS IN THE CUNY EXECUTIVE COMPENSATION PLAN ("ECP"). THE BOARD OF TRUSTEES OF CUNY ESTABLISHES COMPENSATION RANGES FOR ECP EMPLOYEES BASED ON THE LEVEL OF RESPONSIBILITY AND REVIEWS AND APPROVES ALL ECP APPOINTMENTS TO ENSURE COMPARABILITY ACROSS THE CUNY SYSTEM WHICH CONSISTS OF TWENTY FIVE COLLEGES AND SCHOOLS. PART VII, LINE 5, SERVICES PAID BY AN UNRELATED ORGANIZATION JENNIFER R. RAAB, PATRICIA MORAN AND EVA A. LEVY ARE PAID BY AN UNRELATED ORGANIZATIONS, CITY UNIVERSITY OF NEW YORK AND THE RESEARCH FOUNDATION OF CUNY, FOR SERVICES PROVIDED TO THE HUNTER COLLEGE FOUNDATION AS EX-OFFICIO TRUSTEE, EXECUTIVE DIRECTOR AND MAJOR GIFT CONSULTANT RESPECTIVELY. THEY EACH RECEIVE A W-2 FOR THEIR SERVICES. THE COMPENSATION REPORTED IN PART VII, SECTION A AND SCHEDULE J, PART II IS BASED ON THEIR CALENDAR YEAR COMPENSATION FOR SERVICES RENDERED TO THE HUNTER COLLEGE FOUNDATION. X 15 97336 FMV 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION'S BYLAWS WERE AMENDED TO RESOLVE THAT (A) THE FINANCE COMMITTEE SHALL CEASE TO EXIST, AND SHALL BE REPLACED BY TWO COMMITTEES, THE BUDGET COMMITTEE AND THE INVESTMENT COMMITTEES, EACH OF WHICH SHALL HAVE SUCH POWERS AND PERFORM SUCH DUTIES AS THE BOARD OF TRUSTEES MAY DELEGATE TO IT FROM TIME TO TIME. FORM 990, PART VI, SECTION B, LINE 11 THE AUDIT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS THE FORM 990 WITH MANAGEMENT AND AUDITORS AND APPROVES THE FORM 990 FOR FILING. FOLLOWING AUDIT COMMITTEE APPROVAL AND PRIOR TO FILING, A COPY OF THE FORM 990 IS ELECTRONICALLY DELIVERED TO EACH MEMBER OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST AND DISCLOSURE POLICY IS DISTRIBUTED TO BOARD MEMBERS AT THE INITIAL MEETING OF THE YEAR. THE BOARD MEMBERS REVIEW THE CONFLICT OF INTEREST AND DISCLOSURE POLICY, SIGN THE CONFLICT OF INTEREST AND DISCLOSURE POLICY ANNUAL STATEMENT AND RETURN THE FORMS TO THE FOUNDATION. THESE FORMS ARE THEN REVIEWED BY COUNSEL. THE CONFLICT OF INTEREST POLICY COVERS ANY INTERESTED PERSON WHO IS A TRUSTEE, OFFICER, KEY EMPLOYEE OR MEMBER OF A COMMITTEE WITH POWERS DELEGATED BY THE FOUNDATION'S BOARD. AN INTERESTED PERSON WILL DISCLOSE ANY POTENTIAL CONFLICT OF INTEREST TO THE EXECUTIVE COMMITTEE AND TO THE BOARD OR COMMITTEE CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. THE EXECUTIVE COMMITTEE WILL DETERMINE WHETHER A CONFLICT OF INTEREST EXISTS. AFTER THE INTERESTED PERSON DISCLOSED THE POTENTIAL CONFLICT OF INTEREST AND ALL MATERIAL FACTS, THE INTERESTED PERSON SHALL LEAVE THE EXECUTIVE COMMITTEE MEETING AND THE EXECUTIVE COMMITTEE MEMBERS SHALL DECIDE AND VOTE ON WHETHER A CONFLICT OF INTEREST EXISTS. IF THERE IS A POTENTIAL CONFLICT OF INTEREST, AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE BOARD OR COMMITTEE MEETING BUT WILL THEN LEAVE THE MEETING BEFORE THE DISCUSSION AND VOTE ON THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE CHAIR OF THE BOARD OR COMMITTEE WILL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: LOSSES ON UNCOLLECTIBLE PLEDGES -2,311,500. FORM 990, PART XII, LINE 2C - FINANCIAL STATEMENTS AND REPORTING THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT AND ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, PART I, LINE 8 - CONTRIBUTIONS AND GRANTS IN THE PRIOR YEAR, WE RECEIVED A $25 MILLION GIFT, WHICH BROUGHT FUNDRAISING TOTALS TO AN UNPRECEDENTED HIGH. HCF RENOVATION FOUNDATION 695 PARK AVENUE NEW YORK NY 10065 352527901 RENOVATING, IMPROVING, CONSTRUCTING, EXPANDING AND ENHANCING HUNTER COLLEGE NY 501(C)(3) LINE 11A, I HUNTER COLLEGE FOUNDATION INC 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0