2024-05-07T14:05:46-05:00 2023-06-30 474526160 EFPR GROUP CPAS PLLC 6390 MAIN STREET SUITE 200 WILLIAMSVILLE NY 14221 990 2022-07-01 020534583 MACAULAY HONORS COLLEGE FOUNDATION MACA 2127292900 35 WEST 67TH STREET NEW YORK NY 10023 STEVEN GOLDMAN AUDIT CHAIR 2127292900 2023-04-05 1 STEVEN GOLDMAN 999009999 0 DAVID A URBAN CPA P00630018 7166340700 2024-05-02 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHANIE HYACINTH 35 WEST 67TH STREET NEW YORK NY 10023 8086950 0 X WWW.MACAULAY.CUNY.EDU X 2008 NY THE MISSION OF THE MACAULAY HONORS COLLEGE FOUNDATION IS TO BOLSTER THE INSTITUTIONAL LONGEVITY OF MACAULAY AND EMPOWER IT TO GROW, THRIVE, AND TRANSFORM THE LIVES OF NEW YORK'S STUDENTS. 17 17 0 0 184207 0 1271850 7843610 0 0 190526 141385 60696 101955 1523072 8086950 557454 710716 0 0 0 0 0 0 366243 567305 730057 1124759 1440773 398313 6646177 8985421 15776192 26300 6487 8959121 15769705 THE MISSION OF THE MACAULAY HONORS COLLEGE FOUNDATION IS TO BOLSTER THE INSTITUTIONAL LONGEVITY OF MACAULAY HONORS COLLEGE (CUNY) AND EMPOWER IT TO GROW, THRIVE, AND TRANSFORM THE LIVES OF NEW YORK'S STUDENTS. 0 0 985263 710716 STUDENT SUPPORT PROGRAMS PROVIDE THREE DIFFERENT AREAS OF SERVICE SHOWN TO BRING ABOUT POSITIVE OUTCOMES FOR STUDENTS. 1) CAREER DEVELOPMENT SERVICES HELP STUDENTS TO DEVELOP SKILLS THAT AID IN JOB SEARCH AND TRANSITIONING TO A PROFESSIONAL ENVIRONMENT. THESE SERVICES ALSO CREATE OPPORTUNITIES FOR STUDENTS TO DEVELOP PROFESSIONAL NETWORKS. 2) WELLNESS PROGRAMMING INCLUDES COUNSELING, EVENTS AND ACTIVITIES THAT ENHANCE A STUDENT'S ABILITY TO MANAGE THE CHALLENGES OF ACADEMIC LIFE. 3) STUDENT DEVELOPMENT PROGRAMMING BUILDS HEALTHY COMMUNITIES AMONG STUDENTS THROUGH CLUBS AND OTHER ACTIVITIES THAT STRENGTHEN THEIR BONDS TO THE COLLEGE AND TO ONE ANOTHER. 4455 THE COMMUNICATION AND OUTREACH PROGRAM PROVIDES SUPPORT FOR PUBLIC PROGRAMMING EVENTS TO ENSURE THEY ARE FULLY SUBSCRIBED, OPEN TO THE COMMUNITY FREE OF CHARGE, AND EDUCATIONAL IN NATURE. 23504 THE FACULTY AND ACADEMICS PROGRAM SUPPORTS STUDENTS THROUGH THE MACAULAY HONORS COLLEGE FOUNDATION OPPORTUNITIES FUND. STUDENTS MEET THE COLLEGE'S EXPERIENTIAL LEARNING REQUIREMENT BY CONDUCTING RESEARCH, STUDYING ABROAD OR AWAY, OR PARTICIPATING IN AN UNPAID INTERNSHIP. OPPORTUNITIES FUNDING MAKES THIS PROGRAMMING POSSIBLE, COVERING THE OUR-OF-CLASSROOM COSTS OF SUCH ACADEMIC WORK. 1013222 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 34 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X X CHRISTOPHER DENNIS 2127292900 35 WEST 67TH STREET NEW YORK NY 10023 X ANTHONY E MEYER CHAIR 2.00 X X 0 0 0 MICHAEL D GROHMAN VICE CHAIR & SECRETARY 2.00 X X 0 0 0 THOMAS BRIGANDI CFA TREASURER 2.00 X X 0 0 0 ADEOLA AKINRINADE DIRECTOR 1.00 X 0 0 0 JOHN E BIERWIRTH DIRECTOR 1.00 X 0 0 0 TONY BROWN DIRECTOR 1.00 X 0 0 0 JAMES GANLEY DIRECTOR 1.00 X 0 0 0 ERIC GIOIA DIRECTOR 1.00 X 0 0 0 STEVEN M GOLDMAN DIRECTOR 1.00 X 0 0 0 YOSEF IBRAHIMI DIRECTOR 1.00 X 0 0 0 ANN M LIMBERG DIRECTOR 1.00 X 0 0 0 ELIZABETH MACAULAY PHD DIRECTOR 1.00 X 0 0 0 AMY MCINTOSH DIRECTOR 1.00 X 0 0 0 STEVEN PHILLIPS MD DIRECTOR 1.00 X 0 0 0 ANITA V SONAWANE DIRECTOR 1.00 X 0 0 0 SACHIN K SHAH MD DIRECTOR 1.00 X 0 0 0 THALIA S SMITH DIRECTOR 1.00 X 0 0 0 DARA N BYRNE DIRECTOR (EX-OFFICIO) 1.00 X 0 0 0 STEPHANIE HYACINTH EXECUTIVE DIRECTOR (EX-OFFICIO) 20.00 X 0 0 0 0 0 0 0 0 0 0 0 7843610 32652 7843610 42969 42969 98416 0 98416 98416 98416 K-1 INCOME/LOSS 525990 90215 184207 -93992 OTHER MISC INCOME 900099 11740 11740 101955 8086950 0 184207 59133 710716 710716 12000 12000 61503 150 38205 23148 207691 204516 2250 925 EVENTS & COLLEGE EXPENS 378059 89954 6565 281540 DONATED GOODS 32652 32652 PRINTING & COPYING 26744 301 2161 24282 SUBSCRIPTIONS 11251 7428 127 3696 157 157 1440773 1013222 61308 366243 170016 446505 1860717 3271325 321593 4928717 227031 266228 6406064 6863417 8985421 15776192 26300 6487 26300 6487 X 119496 155835 8839625 15613870 8959121 15769705 8985421 15776192 6646177 164407 0 X X 0 1 X 1 0 X 1961020 872925 1132902 1271850 7843610 13082307 1961020 872925 1132902 1271850 7843610 13082307 676766 12405541 2405 2000 2432 15974 42969 65780 14431 -53225 235030 196236 1922 11740 13662 13357985 0.92870 0.71300 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 6203098 0 353156 34060 61800 6460394 6534337 310635 -449002 192872 6203098 6636649 160937 -103780 159469 6534337 7336321 -665818 33854 6636649 10813080 -3441652 35107 7336321 0.91708 0.08292 0 0 0 CUNY INVESTMENT POOL 6503846 F EQUITIES 202571 F LIMITED PARTNERSHIP 157000 F 6863417 X 9108400 164407 857043 1021450 8086950 0 8086950 2297816 857043 857043 1440773 0 1440773 PART V, LINE 4: THE FOUNDATION USES ITS ENDOWMENT FUNDS TO SUPPORT THE MACAULAY HONORS COLLEGE OF THE CITY UNIVERSITY OF NEW YORK. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; THEREFORE, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THE FINANCIAL STATEMENTS. THE FOUNDATION HAS BEEN CLASSIFIED AS A PUBLICLY SUPPORTED ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A) OF THE CODE. THE FOUNDATION PRESENTLY DISCLOSES OR RECOGNIZES INCOME TAX POSITIONS BASED ON MANAGEMENT'S ESTIMATE OF WHETHER IT IS REASONABLY POSSIBLE OR PROBABLE THAT A LIABILITY HAS BEEN INCURRED FOR UNRECOGNIZED INCOME TAXES. MANAGEMENT HAS CONCLUDED THAT THE FOUNDATION HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT IN ITS FINANCIAL STATEMENTS. U.S. FORMS 990 FILED BY THE FOUNDATION ARE SUBJECT TO EXAMINATION BY TAXING AUTHORITIES. 1 STIPEND 35 43216 GRANTS 265 667500 PART I, LINE 2: TO BE ELIGIBLE TO RECEIVE AN OPPORTUNITIES FUND GRANT, STUDENTS MUST FIRST BE IN GOOD ACADEMIC STANDING. THEY THEN SUBMIT A DETAILED PROPOSAL THAT QUALIFIES THE OUT-OF-CLASSROOM EXPERIENCE AS STUDY ABROAD, INTERNSHIP, OR RESEARCH ASSISTANTSHIP. (MACAULAY GRADUATION REQUIREMENTS INCLUDE COMPLETING ONE OF THE THREE, AND THE OPPORTUNITIES FUND ENSURES THAT ALL STUDENTS ARE SUPPORTED IN THEIR EFFORTS.) STUDENTS WORK CLOSELY WITH THEIR ACADEMIC ADVISORS TO CREATE THESE PROPOSALS, DEVELOP LEARNING OBJECTIVES, AND IDENTIFY DESIRED IMPACTS OF THE EXPERIENCE. ONCE THE ADVISOR APPROVES THE STUDENT'S PROPOSAL, A COMMITTEE OF ADVISORS AND MACAULAY HONORS COLLEGE ADMINISTRATIVE STAFF EVALUATE IT FOR ACADEMIC MERIT AND POTENTIAL TO DEVELOP LEADERSHIP QUALITIES. LASTLY, AFTER COMPLETING THE OPPORTUNITIES FUND EXPERIENCE, THE STUDENT REPORTS ON THE ACTIVITIES AND REFLECT ON CHALLENGES, LESSONS LEARNED, AND HOW THE EXPERIENCE PREPARED THEM TO MEET FUTURE ACADEMIC OF PROFESSIONAL GOALS. X 1 FMV X VARIOUS FUNDRAISING TIEMS, GIFT CERTIFICATES 71 32652 FMV 0 1 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. THE FORM IS FIRST REVIEWED BY THE EXECUTIVE DIRECTOR AND DIRECTOR OF FINANCE OF THE FOUNDATION. THE FINAL DRAFT IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH DIRECTOR, OFFICER, MANAGER, MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS, AND PERSONS WORKING ON BEHALF OF THE FOUNDATION IN POSITIONS OF SIGNIFICANT RESPONSIBILITY SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS SUCH PERSON: 1. HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY; 2. HAS READ AND UNDERSTANDS THE POLICY; 3. HAS AGREED TO COMPLY WITH THE POLICY; AND 4. UNDERSTANDS THAT THE FOUNDATION IS A CHARITABLE ORGANIZATION THAT OPERATES FOR THE PUBLIC GOOD AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. FORM 990, PART VI, SECTION C, LINE 19 FORM 990 AND AUDITED FINANCIALS ARE POSTED ON THE ORGANIZATION'S WEBSITE. FORM 990 PART XII, LINE 2C THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.