irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $26KScholarships granted - The Foundation provides scholarships for students pursuing an associates or bachelorsdegree in hotel management, human trafficking training for Association members and their staff and hotel stays to individuals and families during unanticipated hardship and crisis.
- #2 $23KCOMMUNITY ASSISTANCE - CONTRBUTIONS TO CHARITABLE ORGANIZATIONS WHOSE MISSIONS ALIGN WITH THAT OF HANYC FOUNDATION, INC.
named programs · 5 · from sources
What they call their work
Community Assistance Grants
Makes contributions to charitable organizations whose missions align with the foundation’s focus areas
Crisis Relief Hotel Stays
Provides emergency shelter via hotel rooms for individuals and families in crisis, in partnership with the NYC Department of Homeless Services
Hospitality Education Scholarships
Provides scholarships to students pursuing associate's or bachelor's degrees in hotel management or hospitality
Hotel Stays for Asylum Seekers
Administers temporary hotel housing for asylum seekers in New York City through a voucher program with the City’s Department of Housing and Preservation
Human Trafficking Training
Delivers training to hotel industry staff on identifying and responding to sex and labor trafficking, including indicators, case examples, and prevention strategies
activities · 6 groups
What they do
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Charitable Grantmaking to Specific Causes 2 activities
- Funding Citymeals on WheelsSupports Citymeals on Wheels through direct donations, including a $10,000 gift in 2023 and an additional $4,000 gift in early 2024, with $10,000 donated from proceeds of the 2023 Red Carpet Hospitality Gala.
- Funding community organizationsAwards grants totaling over $491,900 to community organizations whose missions align with the foundation’s focus areas, including public safety, sanitation, immigration, and support for the hospitality industry.
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Law Enforcement Support Programs 1 activity
- Advancing public safety initiativesPartners with the New York City Police Foundation to support public safety programs and advocates for expanded use of the Crime Stoppers Hotline and integration of hotel security cameras into the NYPD's Lower Manhattan Security Initiative to combat human trafficking.
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Disaster Relief and Recovery Services 1 activity
- Disaster and crisis relief assistanceProvides direct aid during emergencies, including donating 5,000 N95 masks to Mount Sinai Hospital during the COVID-19 pandemic and distributing $7,700 in direct donations to families affected by a fire in August 2024 in Council Member Linda Lee’s District.
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Union-Linked Educational Scholarships 1 activity
- Funding student scholarshipsProvides $10,000 scholarships over four years to students, including children of long-term non-union hotel employees at HANYC-member hotels and those ineligible for other industry scholarships; has distributed approximately $310,000 in total scholarship funds.
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Benefit Events for Arts and Culture 1 activity
- Hosting fundraising and scholarship eventsOrganizes annual events such as the Red Carpet Hospitality Gala, a dinner fundraiser featuring live performances, and hosts luncheons for scholarship recipients, such as the 2026 winners’ event held on June 23rd.
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Supportive and Emergency Housing Services 1 activity
- Providing emergency hotel housing supportActs as third-party administrator for the City of New York by booking, managing, tracking, reporting, and invoicing temporary hotel stays for asylum seekers and others experiencing crises such as natural disasters or medical emergencies, regardless of citizenship status.
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financials · form 990 · fy2024
revenue
Total revenue$2.07M
Contributions & grants$70K3%
Program service revenue$1.88M91%
Investment income$72K3%
Other revenue$50K
expenses
Total expenses$973K
Program expenses97%
Admin / overhead3%
Fundraising0%
Salaries & benefits$362K
Grants paid out$49K
Largest expense lineProfessional Fees
balance sheet
Total assets$12.20M
Cash$1.92M
Investments$10.20M
Liabilities$9.87M
Net assets$2.33M
Liquid reserves149.5 mo
4 years on record · 2020–2024 · YoY revenue +29.2%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 1
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| Vijay Dandapani | President | 1 | $704K |
board members · 13
- BASTIAN GERMER — Director
- CHRIS O'SULLIVAN — Director
- GABI SOANCA — Director
- HEATHER DAVIS — CHAIRPERSON
- Herv Houdr — Director
- JULIE GREENBERG — Director
- KARAMBIR KANG — Director
- KATHY MORALES — Director
- LAURENT EBZANT — Director
- NATALIE BOGAN — Director
- PRADEEP RAMAN — Director
- ROBERT SALEM — Director
- STEPHEN ALFIERI — Director
relationships · 27
Who they work with
- ABNY Foundation Partner — Recipient of $10,000 in funding from HANYC Foundation
- Afrikana Partner — Recipient of $15,000 in funding from HANYC Foundation
- Allied Members Partner — Allied Members sponsor meetings and present to hotel leadership as part of a supported engagement program.
- Baccarat New York Partner — Ownership group contributed funds enabling the purchase of 5,000 N95 masks for donation.
- Bedford Stuyvesant Restoration Corporation Partner — Recipient of $20,000 in funding from HANYC Foundation
- Brooklyn Independent Partner — Recipient of $500 in funding from HANYC Foundation
- Businesses Ending Slavery and Trafficking (BEST) Partner — Collaborates with the Foundation to deliver anti-human trafficking training to hospitality workers.
- Caribbean American Chamber of Commerce Partner — Recipient of $20,000 in funding from HANYC Foundation
- City of New York Government — Partnered with the Department of Housing and Preservation (DHP) and the Department of Homeless Services (DHS) to administer temporary hotel housing programs for asylum seekers.
- Citymeals on Wheels Partner — Receives funding from the Foundation for meal delivery to elderly New Yorkers.
- Citymeals on Wheels Partner — Recipient of a $10,000 donation from HANYC Foundation.
- FDNY Foundation Partner — Recipient of $15,000 in funding from HANYC Foundation
- Harvard Club Partner — Member organization whose employee's child received a scholarship award.
- Hotel Association of New York City Network — HANYC Foundation is part of the Hotel Association of New York City, working collectively to support the hotel industry.
- Hyatt Hotels Partner — Member hotel company whose employee's child received a scholarship award.
- Jonathan M. Tisch Center of Hospitality at New York University Partner — Faculty members from the Tisch Center judge the scholarship applications through a blind selection process.
- Manhattan Institute Partner — Recipient of $2,500 in funding from HANYC Foundation
- Martinique New York on Broadway, Curio Collection by Hilton Partner — Member hotel whose employee's child received a scholarship award.
- Mastercard Partner — Cocktail Party Sponsor at the 2023 Red Carpet Hospitality Gala.
- Mount Sinai Hospital Partner — Recipient of donated N95 masks during the Foundation's COVID-19 outreach effort.
- Multicultural Business Coalition Partner — Recipient of $40,000 in funding from HANYC Foundation
- New York City Police Foundation Partner — Collaborates on public safety initiatives including expanding the Crime Stoppers Hotline and integrating hotel security cameras into the NYPD's Lower Manhattan Security Initiative.
- Protect All Children from Trafficking Partner — Recipient of $1,000 in funding from HANYC Foundation
- South Asian Council for Social Services Partner — Recipient of $5,000 in funding from HANYC Foundation
- Sunshine Insurance Partner — Donated to the Foundation, enabling the procurement of 5,000 N95 masks for hospital donation.
- community organizations Partner — Collaborates with community organizations to deliver public safety, sanitation, and immigration support programs.
- law enforcement Partner — Partnership with law enforcement agencies to support public safety initiatives around hotels.
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.
- Industry-Based Human Trafficking Prevention Trainingmethodology: human-trafficking-training-for-industriesBy delivering anti-human trafficking training to hospitality staff through industry partnerships, the HANYC Foundation increases frontline capacity to identify and respond to sex and labor trafficking, because staff in hotels are strategically positioned to detect exploitation and intervene early.
- Mobility-Focused Scholarship Programmethodology: targeted_educational_supportBy providing scholarships to dependents of hotel workers who lack access to other industry-specific aid, the HANYC Foundation expands educational opportunity and intergenerational economic mobility, because targeted support for underserved families within the hospitality workforce compounds long-term industry and community stability.
- Public-Private Safety Partnership Modelmethodology: public-private-safety-partnershipsBy forming multi-stakeholder partnerships between hotels, law enforcement, and community organizations, the HANYC Foundation improves public safety in hotel-adjacent areas and strengthens public confidence in New York City as a travel destination, because coordinated action across sectors increases prevention, response capacity, and trust.