irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $12.21MEDUCATIONAL 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.
- #2 $4.73MSCHOLARSHIPS 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.
named programs · 3 · from sources
What they call their work
Emergency Stipends and Technology Support
Provides emergency financial stipends and technology resources to students in need; distributed 185 stipends totaling approximately $193,714 in fiscal year 2024-25
Faculty Development and Academic Programs
Supports faculty recruitment, development, and retention; funds curriculum development and new academic programs
Scholarships and Grants
Distributes merit- and need-based scholarships to students based on GPA and course of study; supported approximately 1,122 students in fiscal year 2024-25
activities · 4 groups
What they do
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Research and Scholarly Fellowship Support 2 activities
- Administering competitive fellowship programs for studentsManages and awards nationally competitive fellowships, supporting students in securing awards such as Fulbright Scholarships and National Science Foundation Graduate Fellowships, with 393 fellowships awarded between 2017 and 2025.
- Supporting faculty scholarship and creative activityFunds and supports faculty research and creative projects that contribute to intellectual and academic discourse.
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Alumni Community Building 2 activities
- Engaging alumni and community leaders for institutional advancementLeverages its Board to engage alumni and community leaders in raising funds and enhancing the public profile of Hunter College.
- Maintaining a large-scale alumni networkOperates and sustains an alumni network comprising over 170,000 members to foster ongoing engagement with the college.
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Local High School Scholarship Programs 2 activities
- Funding campus improvements and academic programsProvides philanthropic funding to support improvements to campus buildings, academic departments, and student experiences at Hunter College.
- Funding scholarships for Hunter College studentsAwards grants to support student scholarships at Hunter College, with approximately 1,122 scholarships awarded in fiscal year 2024-25, 1,720 in 2023-24, and 2,018 in 2022-23.
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Financial Aid and Scholarship Access Programs 1 activity
- Distributing emergency financial and technology assistance to studentsProvides emergency stipends and technology support to students in need, distributing over 1,500 stipends totaling approximately $750,000 and over $300,000 in technology from April to June 2020, with continued distributions in subsequent fiscal years including 185 stipends ($193,714) in 2024-25.
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financials · form 990 · fy2024
revenue
Total revenue$29.78M
Contributions & grants$14.91M50%
Program service revenue$00%
Investment income$14.87M50%
Other revenue$0
expenses
Total expenses$28.11M
Program expenses89%
Admin / overhead7%
Fundraising4%
Salaries & benefits$4.12M
Grants paid out$16.89M
Largest expense lineCompensation
balance sheet
Total assets$233.34M
Cash$4.90M
Investments$219.64M
Liabilities$936K
Net assets$232.41M
Liquid reserves95.8 mo
6 years on record · 2019–2024 · YoY revenue +30.7%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 3
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| ALEXIS L EGGLETON | EXECUTIVE DIRECTOR/VICE PRESIDENT | 40 | $273K |
| NANCY CANTOR | EX-OFFICIO TRUSTEE | 15 | $183K |
| GERRY RATSEN | HEAD ACCOUNTANT | 40 | $122K |
board members · 22
- ABHINAVANSHU PRASAD — VICE CHAIR
- ABIGAIL LEVY — CO-CHAIR
- ALEX KOHEN — TREASURER
- ALTERONCE GUMBY — TRUSTEE
- BARBARA G CHESLER — TRUSTEE
- CAROL CROSSDALE — TRUSTEE
- DEBRA HEINRICH — TRUSTEE
- ELBRUN KIMMELMAN — TRUSTEE
- HELENE D GOLDFARB — TRUSTEE
- JACK BIERWIRTH — TRUSTEE
- JODY GOTTFRIED ARNHOLD — TRUSTEE
- JOY NUGA — TRUSTEE
- KELLE JACOB — CO-CHAIR
- MARSHALL SONENSHINE — SECRETARY
- MICHAEL COHN — TRUSTEE
- MICHAEL P FRANKFURT — TRUSTEE
- MICHELE GOLODETZ — TRUSTEE
- MOHAMMAD SHAIKH — TRUSTEE
- NEIL JANOVIC — TRUSTEE
- PATTY C BAKER — TRUSTEE
- RON SPURGA — TRUSTEE
- SOPHIA MUIRHEAD — TRUSTEE
relationships · 20
Who they work with
- Accreditation Council for Education in Nutrition and Dietetics Government — Accredits programs at the School of Health Professions
- American Association of State Colleges and Universities Network — Institutional membership held by Hunter College
- American Council on Education Network — Institutional membership held by Hunter College
- American Physical Therapy Association Government — Accredits programs at the School of Health Professions
- American Speech-Language-Hearing Association Government — Accredits programs through its Council on Academic Accreditation at the School of Health Professions
- Association of American Colleges & Universities Network — Institutional membership held by Hunter College
- Commission on Collegiate Nursing Education Government — Accredits multiple nursing degree programs at the Hunter-Bellevue School of Nursing
- Council for Accreditation of Counseling and Related Educational Programs Government — Accredits School of Education programs at Hunter College
- Council for the Accreditation of Educator Preparation Government — Accredits School of Education programs at Hunter College
- Council on Accreditation of Nurse Anesthesia Educational Programs Government — Accredits the Doctor of Nursing Practice program in Nursing Anesthesia at Hunter-Bellevue School of Nursing
- Council on Social Work Education Government — Accredits Silberman School of Social Work programs at Hunter College
- Hunter College Government — Primary affiliated institution with which the foundation supports alumni engagement and programming.
- Hunter College Partner — Primary institutional partner; foundation supports academic programs, faculty, and students at Hunter College.
- Hunter College Partner — Primary institutional partner; the Foundation exists to support Hunter College and its schools.
- Hunter community Partner — Collaborates with the Hunter community to identify strategic initiatives.
- Middle States Commission on Higher Education Government — Hunter College is fully accredited by this institution
- Princeton Review Government — Ranked No. 6 for Financial Aid among public schools by Princeton Review in 2026.
- The Wall Street Journal Government — Ranked No. 2 Best Value Nationally by The Wall Street Journal in 2025.
- Third Way Government — Recognized as a Tier 1 School for Economic Mobility by Third Way in 2024.
- US News & World Report Government — Ranked by US News & World Report as No. 1 for Social Mobility among Regional Universities North in 2025.
strategies · 3
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.
- Equitable Access Through Financial Supportmethodology: financial_aid_accessBy providing need-based and merit-based financial aid and scholarships, the foundation increases access and success for students from diverse socioeconomic backgrounds, because reducing financial barriers directly correlates with higher enrollment, retention, and graduation rates among underrepresented populations.
- Philanthropy-Driven Institutional Advancementmethodology: relationship_based_fundraisingBy leveraging philanthropic giving and building long-term donor relationships, the foundation enhances institutional capacity, expands access to education, and supports academic excellence — because sustained private investment enables structural improvements and programmatic innovation that public funding alone cannot cover.
- Urban-Integrated Education Modelmethodology: urban_engagementBy treating New York City as a living learning environment, the college deepens student engagement and connects academic rigor to real-world contexts, because embedding education in an urban setting fosters civic responsibility, applied research, and inclusive leadership development.