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NEW YORK CITY COLLEGE OF TECHNOLOGY FOUNDATION INC

BROOKLYN, NY · EIN 112529356 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$3.9M
expenses
$1.3M
net assets
$11.0M
employees
3
program ratio
84%
mission · from form 990

TO SOLICIT AND ACCEPT GIFTS TO NEW YORK CITY COLLEGE OF TECHNOLOGY IN SUPPORT OF CITY TECH'S EDUCATIONAL MISSION AND PROGRAMS.

profile · synthesized from sources

The New York City College of Technology Foundation Inc. supports the educational mission and programs of City Tech, a college within the City University of New York system. The foundation solicits and accepts charitable gifts to fund student scholarships, academic programs, faculty development, and institutional initiatives. It operates in Brooklyn, NY, and serves the college community through private funding.

named programs · 2 · from sources

What they call their work

Academic Program Funding
Supports academic departments and educational initiatives at City Tech through targeted donations and endowments.
Student Scholarship Support
Provides funding for student scholarships at New York City College of Technology through privately raised gifts.
activities · 1 group

What they do

  • Local High School Scholarship Programs 1 activity
    • Funding educational programs at New York City College of Technology
      Provides financial support for educational initiatives and programs at New York City College of Technology by soliciting and accepting gifts and channeling them toward institutional priorities.
financials · form 990 · fy2024
revenue
Total revenue$3.95M
Contributions & grants$3.73M94%
Program service revenue$00%
Investment income$224K6%
Other revenue$0
expenses
Total expenses$1.28M
Program expenses84%
Admin / overhead16%
Fundraising0%
Salaries & benefits$117K
Grants paid out$1.07M
Largest expense lineCompensation
balance sheet
Total assets$11.13M
Cash$1.42M
Investments$6.31M
Liabilities$82K
Net assets$11.05M
Liquid reserves72.5 mo
6 years on record · 2019–2024 · YoY revenue +243.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
DR RUSSELL K HOTZLER PRESIDENT, NYC COLLEGE OF 2 $383K
BETH F LEVINE EXECUTIVE DIRECTOR 35 $153K
board members · 12
  • ANTONIA YUILLE-WILLIAMS — VICE CHAIR
  • CHIMA JOSEPH — DIRECTOR
  • DR GAREY V ELLIS MD — CHAIR
  • JOCELYNNE RAINEY — DIRECTOR
  • JOSHUA SCHNEPS — SECRETARY
  • LUIS DE LOS SANTOS — DIRECTOR
  • MILTON SANTIAGO — DIRECTOR
  • TAUNGLEA AMBROISE — DIRECTOR
  • TEREL WATSON — DIRECTOR
  • THOMAS G AMON ESQ — DIRECTOR
  • TIMOTHY HUNTER — DIRECTOR
  • YVONNE RILEY-TEPIE — DIRECTOR
relationships · 1

Who they work with

  • New York City College of Technology Partner — Primary beneficiary of gifts and financial support
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.