2014-04-04T09:52:38-05:00 2013-06-30 271728945 O'CONNOR DAVIES LLP 665 FIFTH AVENUE NEW YORK NY 10022 990 2012-07-01 133598671 THE HUNTER COLLEGE FOUNDATION INC HUNT 2127724085 695 PARK AVENUE NO HE1313 NEW YORK NY 10065 PATRICIA MORAN 2127724085 2014-04-03 1 GARRETT M HIGGINS P00543209 2122862600 2014-04-03 2012 2015-11-30 17:44:51Z X PATRICIA MORAN 695 PARK AVENUE NO HE1313 NEW YORK NY 10065 47778443 0 X WWW.HUNTER.CUNY.EDU/ALUMNI/HC_FOUNDATION.SHTML X 1995 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 41 41 53 173 0 0 20981979 27752677 0 0 1774573 1161187 -43178 -71826 22713374 28842038 4482446 7129365 0 0 1121835 1250448 84561 199798 938661 6390383 2961761 12079225 11541372 10634149 17300666 60255592 80292502 553093 680194 59702499 79612308 X SEE SCHEDULE O: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 THE HEALTH PROFESSIONS, 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. 0 0 5237498 2352645 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. 2507132 2507132 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 OF CITIZENS AND PERPETUATE THE EXTRAORDINARY HUNTER COMMUNITY OF SCHOLARS, STUDENTS AND ALUMNI. 2314299 2269588 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. THE HUNTER COLLEGE FOUNDATION PROVIDES SUPPORT TO COLLEGE FACULTY MEMBERS TO FURTHER SUPPORT RESEARCH AND SCHOLARSHIPS. 10058929 1 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 0 0 1 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 179 0 53 1 0 0 0 0 0 1 1 0 0 0 0 X 41 41 0 0 0 0 0 0 0 1 1 1 0 1 1 1 1 1 0 0 0 0 NY X X LANA GOLDENBERG CO HUNTER COLLEGE 2127725632 695 PARK AVENUE HE 1313 NEW YORK NY 10065 ELIZABETH H WITTEN 2.00 X X 0 0 0 JOAN GRABE 2.00 X X 0 0 0 SUSIE PETERSON CASE 2.00 X X 0 0 0 RUTH B NEWMAN 2.00 X X 0 0 0 SUZANNE SANTRY 2.00 X 0 0 0 CRAIG MACPHERSON 2.00 X 0 0 0 DAVID CHAPNICK 2.00 X 0 0 0 PATTY C BAKER 2.00 X 0 0 0 SUZY BALES 2.00 X 0 0 0 SUSAN V BERSHAD 2.00 X 0 0 0 SHEILA L BIRNBAUM 2.00 X 0 0 0 DONALD CAPOCCIA 2.00 X 0 0 0 LEONA F CHANIN 2.00 X 0 0 0 BARBARA GLOVEN CHESLER 2.00 X 0 0 0 CHARLOTTE K FRANK 2.00 X 0 0 0 MICHAEL P FRANKFURT 2.00 X 0 0 0 CAROL GOLDBERG 2.00 X 0 0 0 HELENE D GOLDFARB 2.00 X 0 0 0 HARRIET M GRUBER 2.00 X 0 0 0 NEIL JANOVIC 2.00 X 0 0 0 EDWIN KABAKOW 2.00 X 0 0 0 ROGER KAMAU 2.00 X 0 0 0 LUCILLE KAUFMAN 2.00 X 0 0 0 EVELYN KRANES KOSSAK 2.00 X 0 0 0 ABBY MILLER LEVY 2.00 X 0 0 0 AVINASH N MEHROTRA 2.00 X 0 0 0 SIDNEY A MILLER 2.00 X 0 0 0 SOPHIA MUIRHEAD 2.00 X 0 0 0 ELLEN ODONER 2.00 X 0 0 0 ERIK R OKEN 2.00 X 0 0 0 CAROLE OLSHAN 2.00 X 0 0 0 JANE E OPPENHEIM 2.00 X 0 0 0 ADA PELUSO 2.00 X 0 0 0 ABHINAV PRASAD 2.00 X 0 0 0 JULIE ROSS 2.00 X 0 0 0 KLARA SILVERSTEIN 2.00 X 0 0 0 DIANE VOLK 2.00 X 0 0 0 CATHY WEINROTH 2.00 X 0 0 0 JUDY F ZANKEL 2.00 X 0 0 0 JODY GOTTFRIED ARNHOLD 2.00 X 0 0 0 MARY CIRILLO-GOLDBER 2.00 X 0 0 0 SUSAN M STEINHARDT 2.00 X 0 0 0 JENNIFER R RAAB 15.00 45.00 X 0 326219 68506 DAPHNE HALPERN 55.00 X 0 0 0 DAVID CRICK 35.00 X 0 105285 22110 EVE A LEVY 35.00 X 124998 0 0 GAIL SCOVELL 5.00 40.00 X 14183 181533 38122 139181 613037 128738 1 0 1 0 COMMUNITY COUNSELING SERVICE COMPANY 461 5TH AVENUE NEW YORK NY 10017 COUNSELING SERVICES 262910 NEUMAN'S KITCHEN 203 CHRYSTIE STREET NEW YORK NY 10002 CATERING 148251 CALVERT WRIGHT ARCHITECTURE 646 BROADWAY FIFTH FLOOR NEW YORK NY 10012 ARCHITECTURAL 114510 AVI FOODSYSTEMS INC 2590 ELM ROAD NE WARREN OH 44483 CATERING 107212 4 181855 27570822 71529 27752677 1082817 1082817 18934249 18855879 78370 78370 78370 8700 181855 80526 -71826 -71826 28842038 0 0 1089361 6577205 6577205 552160 552160 1141498 700487 94904 346107 108950 65194 15621 28135 4179 4179 45775 45775 199798 199798 101850 101850 720949 507222 197298 16429 165523 368 165155 245152 224144 5106 15902 37031 27913 9118 147462 146964 498 42211 13811 28400 5163 5163 17678 6941 10737 PUBLIC PROG AND EXHIBIT 692516 671888 7528 13100 SPEAKER/HONORARIUM FEES 234644 234644 PUBLICATION EXPENSES 196502 70068 126434 MISCELLANEOUS 109799 98363 11436 195327 152215 27445 15667 11541372 10058929 543782 938661 1659221 2483484 2528038 3354922 18379483 21494995 54171 52448 31220186 44314039 6075037 8291341 339456 301273 60255592 80292502 459542 602477 93551 77717 553093 680194 X 227318 360467 28608934 47047915 30866247 32203926 59702499 79612308 60255592 80292502 17300666 2609143 0 X X 0 1 X 1 0 X 10685375 11028678 8808120 20981979 27752677 79256829 10685375 11028678 8808120 20981979 27752677 79256829 17350593 61906236 481584 712895 1045338 971434 1082817 4294068 83550897 360645 0.74090 0.75740 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32402419 5656366 2095825 217025 7658060 32279525 26019495 6819336 201902 180061 458253 32402419 23571615 95235 2624071 43320 228106 26019495 20359325 2829456 626561 34205 209522 23571615 24831242 767469 -5202014 37372 20359325 0.90000 0.10000 0 0 0 ALTERNATIVE INVESTMENTS 8291341 F 8291341 ANNUITY OBLIGATIONS 77717 77717 X 31430322 2609143 80526 2689669 28740653 101385 101385 28842038 11520513 80526 80526 11439987 101385 101385 11541372 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: 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 2009 PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE REPORTED ON FORM 990, PART VIII, LINE 8B 80,526. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSE REPORTED ON FORM 990, PART VIII, LINE 8B 80,526. PART V - LINE 1E - THE PRIOR YEAR ENDING BALANCE REPORTED ON PART V, LINE 1G, COLUMN B WAS ADJUSTED TO EXCLUDE $7,275,852 OF PLEDGES RECEIVABLE THAT WERE PREVIOUSLY INCLUDED IN THE ENDOWMENT FUND BALANCE. THIS IS A TIMING DIFFERENCE THAT WILL CORRECT ITSELF AS AND TO THE EXTENT THE AMOUNTS DUE FROM PLEDGES ARE COLLECTED AND INVESTED AS PART OF THE ENDOWMENT FUNDS. PART V - LINE 4 - INTENDED USE OF ORGANIZATION'S 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 CENTRAL AMERICA AND THE CARIBBEAN INVESTMENTS 8291341 0 0 0 0 0 0 8291341 0 8291341 1 0 1 0 0 0 X X X X X X X 1 COMMUNITY COUNSELING SERVICES 461 FIFTH AVENUE 3RD FLOOR NEW YORK NY 10017 FUNDRAISING 0 1050000 48510 1001490 TIMOTHY HIGDON CONSULTING 50 PARK AVENUE SUITE 3D NEW YORK NY 10016 FUNDRAISING 0 600000 32058 567942 RUFFALO CODY 69 KIRKWOOD NORTH ROAD SW CEDAR RAPIDS IA 52404 FUNDRAISING 0 192289 110230 82059 FINANCIAL DEV AGENCY 49 SOUTH PLEASANT 2ND FLOOR AMHERST MA 01002 FUNDRAISING 0 14763 9000 5763 1857052 199798 1657254 NY PRE-LAW EVENT 157880 154700 3180 41490 17683 BROOKDALE CENTER BENEFIT 32675 27155 5520 11816 9537 190555 181855 8700 53306 27220 80526 -71826 1 TURNING POINT FOR WOMEN AND FAMILIES PO BOX 670086 FLUSHING NY 11367 542177390 501(C)(3) 10000 TISCH COMMUNITY HEALTH PRIZE AWARD RECIPIENT CITY WIDE HARM REDUCTION 226 EAST 144TH STREET BRONX NY 104515909 134009817 501(C)(3) 5000 TISCH COMMUNITY HEALTH PRIZE AWARD RECIPIENT INDEPENDENCE CARE SYSTEMS INC 25 ELM PLACE 5TH FLOOR BROOKLYN NY 11201 133964284 501(C)(3) 10000 TISCH COMMUNITY HEALTH PRIZE AWARD RECIPIENT HUNTER COLLEGE OF THE CITY UNIVERSITY OF NEW YORK 695 PARK AVENUE NEW YORK NY 10065 136001027 501(C)(3) 5473132 TO SUPPORT HUNTER COLLEGE TOWARD SALARIES, EQUIPMENT, PROGRAM, THEATER, CAMPUS SCHOOL, LIBRARY, LEGAL FEES AND CONSTRUCTION. RESEARCH FOUNDATION OF CITY UNIVERSITY OF NEW YORK 695 PARK AVENUE ROOM 1424E NEW YORK NY 10065 131988190 501(C)(3) 487477 TO SUPPORT RESEARCH HUNTER HILLEL FOUNDATION 695 PARK AVENUE ROOM E1317A NEW YORK NY 10065 133853221 501(C)(3) 91596 TO SUPPORT THE HILLEL FOUNDATION CITY UNIVERSITY CONSTRUCTION FUND 555 WEST 57TH STREET NEW YORK NY 10019 132587538 501(C)(3) 500000 TO SUPPORT THE MISSION OF THE ORGANIZATION FOR THE CONSTRUCTION FOR HUNTER COLLEGE CITY UNIVERSITY OF NEW YORK 7 SCHOLARSHIPS/FELLOWSHIPS 148 248973 FMV GRANT AWARDS-EMERGENCY FUNDING 157 138914 FMV STIPEND/INTERNSHIPS 42 106860 FMV FMV AWARDS - COLLEGE FACULTY 36 57413 FMV PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE FOUNDATION TRANSFERS THE FUNDS TO STUDENTS BY PLACING THE FUNDS WITH THE COLLEGE BURSAR'S ACCOUNT. THE STUDENTS CAN THEN USE THE FUNDS FOR TUITION AND OTHER EXPENSES. 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 0 326219 0 0 0 0 0 26098 0 42408 0 394725 0 0 GAIL SCOVELL 14183 181533 0 0 0 0 0 14523 0 23599 14183 219655 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR OF THE FOUNDATION IS NOT COMPENSATED BY HUNTER COLLEGE FOUNDATION; HOWEVER SHE IS EMPLOYED BY HUNTER COLLEGE AS EXECUTIVE DIRECTOR OF DEVELOPMENT AND IS COMPENSATED BY HUNTER COLLEGE. 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. DUE TO MS. ROSENGARTEN'S DEPARTURE IN FEBRUARY 2012, THE FOUNDATION'S EXECUTIVE COMMITTEE APPROVED A CONTRACT WITH COMMUNITY COUNSELING SERVICES ("CCS") TO RETAIN THE SERVICES OF DAPHNE HALPERN TO ACT AS THE INTERIM EXECUTIVE DIRECTOR OF THE HUNTER COLLEGE FOUNDATION AND AS THE INTERIM EXECUTIVE DIRECTOR OF DEVELOPMENT OF HUNTER COLLEGE. UNDER THE CONTRACT, THE FOUNDATION PAID CCS FOR MS. HALPERN'S SERVICES. X 7 71529 FMV 0 1 0 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 IF ANY CONFLICT OF INTEREST IS DISCLOSED. 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. PART VI, SECTION B, LINE 14: THE ORGANIZATION PLANS TO REVIEW CUNY (CITY UNIVERSITY OF NEW YORK) POLICY AND WILL CONSIDER ADOPTING IT IN THE UPCOMING FISCAL YEAR. 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 XII, LINE 2C - FINANCIAL STATEMENTS AND REPORTING THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HUNTER COLLEGE OF THE CITY UNIVERSITY OF NEW YORK 695 PARK AVENUE NEW YORK NY 10065 136001027 PUBLIC COLLEGE NY 170(B)(1)(A)(II) 501(C)(3) 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 1