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SCHOLARSHIP AND WELFARE FUND OF THE ALUMNI ASSOCIATION OF HUNTER COLLEGE INC

NEW YORK, NY · EIN 131809290 · Form 990 · FY2024 · NTEE B42I · Education · Medium ($1M-$10M) · sandwfund.org
revenue
$1.9M
expenses
$858K
net assets
$26.8M
employees
3
volunteers
40
program ratio
73%
mission · from form 990

TO SUPPORT HUNTER STUDENTS VIA SCHOLARHIPS

profile · synthesized from sources

The Scholarship and Welfare Fund of the Alumni Association of Hunter College provides financial assistance to students at Hunter College through scholarships and grants. Established in 1949 by alumni, the fund supports students with expenses related to tuition, housing, and basic needs. It awards over $1 million annually to help students complete their education, focusing on those with financial need and academic promise.

named programs · 8 · from sources

What they call their work

AccessAbility Assistance Fund
$20,000 annual grant to the Office of AccessAbility for services like readers, signers, and adaptive technology for students with learning challenges
Dormitory Scholar Grants
Housing assistance grants for students receiving S&W Scholars Program awards
Food Insecurity Program
Funding for Hunter College’s Food Pantry Program (The Purple Apron) to support students facing food insecurity
Music Department Private Lessons Fund
$20,000 annual support for private music lessons enabling music majors to achieve necessary proficiency
Public Service Scholars Program
Supports stipends for undergraduates in public service internships requiring 20 hours per week of service alongside coursework
S&W Scholars Program
Full-tuition, four-year scholarships requiring progressively higher GPA benchmarks (3.0 to 3.5) and full-time enrollment
Thomas Hunter Honors Program Awards
$5,000 annual awards for seven high-achieving honors students; includes pilot grants of up to $500 for graduate school application fees
Undergraduate Tuition Scholarships
Annual awards of up to $3,000 for financially eligible students; renewable through graduation with full-time enrollment and a 3.0 GPA
activities · 5 groups

What they do

  • University-Specific Endowment and Program Funding 1 activity
    • Awarding undergraduate and graduate scholarships to Hunter College students
      Provides scholarships and grants to undergraduate and graduate students at Hunter College, including full-tuition awards, annual tuition scholarships up to $3,000, and support for graduate school application costs. Awards over $1 million annually, benefiting approximately 33,000 students cumulatively and providing up to $33 million in total support.
  • Arts Education Scholarships 1 activity
    • Funding private music lessons for Hunter College music students
      Provides $20,000 annually to Hunter College’s music department to fund private lessons that enhance applied music training for music majors.
  • Student Career Readiness and Internship Placement 1 activity
    • Providing stipends for public service internships
      Supports stipends for students participating in the Public Service Scholars Program, a one-year internship requiring 20 hours per week in public service placements.
  • Food Distribution and Hunger Relief 1 activity
    • Supporting the Hunter College Food Pantry Program (The Purple Apron)
      Provided initial funding of $20,000 in 2018 to launch The Purple Apron, Hunter College’s Food Pantry Program, and continues to support it to address student food insecurity.
  • Uncategorized 1 activity
    • Supporting students with learning challenges through accommodations
      Provides $20,000 annually to Hunter College’s Office of AccessAbility to fund accommodations such as readers, signers, and adaptive technology for students with learning challenges.
financials · form 990 · fy2024
revenue
Total revenue$1.94M
Contributions & grants$560K29%
Program service revenue$00%
Investment income$1.38M71%
Other revenue$0
expenses
Total expenses$858K
Program expenses73%
Admin / overhead27%
Fundraising0%
Salaries & benefits$184K
Grants paid out$623K
Largest expense lineCompensation
balance sheet
Total assets$26.85M
Cash$106K
Investments$26.64M
Liabilities$84K
Net assets$26.77M
Liquid reserves374.1 mo
4 years on record · 2019–2024 · YoY revenue +133.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
RUOFAN LI EXECUTIVE DIRECTOR 28 $84K
board members · 24
  • ALISA SCHIERMAN — DIRECTOR
  • AMY S BARASH — DIRECTOR
  • ANN S LEWYN — DIRECTOR
  • BARBARA A POSELUZNY — DIRECTOR
  • BARBARA J LEADER — DIRECTOR
  • BARBARA LUSTIG — DIRECTOR
  • BARRIE J KELLY — DIRECTOR
  • BETTINA DAMIANI — DIRECTOR
  • DAVE S HATTEM — DIRECTOR (FORMER)
  • DR ARLINE L BRONZAFT — DIRECTOR
  • DR JAMESETTA A HALLEY-BOYCE — DIRECTOR
  • DR MARILYN JS GOODMAN — DIRECTOR
  • DR MARY C KEANE — DIRECTOR
  • DR VERA JUNKERS — DIRECTOR
  • EIJA AYRAVAINEN — DIRECTOR
  • ELIZABETH WILSON-ANSTEY — DIRECTOR (FORMER)
  • EUNICE LEWIS-BROOME — DIRECTOR
  • FRANCES A TABER — DIRECTOR
  • GERALD GOLLUB — DIRECTOR (FORMER)
  • GRACE C KRAJCOVIC — DIRECTOR
  • GRACE F SMALLWOOD — DIRECTOR
  • HELENE D GOLDFARB — 3RD VICE-PRESIDENT
  • JAMESETTA A HALLEY-BOYCE — ASSITANT SECRETARY
  • JENNIFER J RABB — DIRECTOR
relationships · 9

Who they work with

  • Alumni Association of Hunter College Network — Operates as part of the Alumni Association of Hunter College, a separate 501(c)(3) nonprofit organization.
  • Hunter College Network — Provides scholarships to students at Hunter College and supports alumni engagement.
  • Hunter College Partner — Provides financial assistance to students attending Hunter College.
  • Hunter College Partner — Provides scholarships and grants to support students at Hunter College across academic, housing, and accessibility needs.
  • Music Department at Hunter College Partner — Provides annual funding to support private lessons for music majors.
  • Office of AccessAbility Partner — Funds services and accommodations for students with learning challenges through an annual grant.
  • Public Service Scholars Program Partner — Supports student stipends in a one-year academic and internship program focused on public and nonprofit sector careers.
  • The Purple Apron (Hunter College Food Pantry) Partner — Provided initial funding and ongoing support to launch and sustain a campus food pantry addressing student food insecurity.
  • Thomas Hunter Honors Program Partner — Awards scholarships and graduate school application grants to high-achieving students in the honors program.
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.