Hunter College Foundation

Legal name: The Hunter College Foundation Inc

Nonprofit profile at a glance

EIN
133598671
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
New York, NY, US
Phone
212-772-4000
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support

Official website

Reported finances

Revenue
$29,781,442
Expenses
$28,114,273
Assets
$233,341,717
Liabilities
$935,731

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

27 people listed

Executive titles in this filing

  • ALEXIS L EGGLETON (EXECUTIVE DIRECTOR/VICE PRESIDENT)

Highest reported compensation

  • ALEXIS L EGGLETON (EXECUTIVE DIRECTOR/VICE PRESIDENT): $273,170 total reported compensation
  • NANCY CANTOR (EX-OFFICIO TRUSTEE): $182,742 total reported compensation
  • GERRY RATSEN (HEAD ACCOUNTANT): $122,269 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of the hunter college foundation is to enhance hunter college's position as a premiere public educational institution. Hunter college is comprised of the school of the arts & sciences, school of education, school of social work, school of urban public health, hunter college school of nursing, hunter college high school, and hunter college elementary school. The hunter college foundation board consists of a select number of outstanding alumni and distinguished community and business leaders who are committed to help raise the college's public image and raise funds to further strengthen the institution.

What it reported doing in 2024

Scholarships 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.

Operating model

Revenue model
Donor-supported. 69% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 68% of its reported program spending out as grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.

Rating breakdown

  • Financial Efficiency: 90
  • Transparency & Controls: 60
  • Accountability: 93
  • Sustainability: 73
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 88.6%; rating input score 89
  • Fundraising efficiency: $13.1 raised per $1 spent on fundraising; rating input score 46; 46th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.4%; rating input score 94; 22nd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.2%; rating input score 96; 30th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.6%; rating input score 56; 56th percentile among comparable filings
  • Total-asset coverage ratio: 8.3; rating input score 90; 90th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 95; 95th percentile among comparable filings
  • Officer compensation ratio: 2.1%; rating input score 76; 76th percentile among comparable filings

Growth

  • Program expense growth: 3.5% per year; rating input score 100; 30th percentile among comparable filings
  • Revenue growth: 2.8% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: 7.4% per year; rating input score 100; 51st percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 100% of revenue deployed · 88.6% of spending went to programs
  • Governance: 25 of 26 board members independent · 7 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $24.9M in reported program spending
  • Leadership: top reported pay $273K · 27 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $141K reported
  • Consistency: 34 of 35 current checks pass · 1 finding to review
  • Schedules: 10 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 14 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 5 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 46/100.
  • Review — Accountability: Governance controls: CEO compensation review process not reported.
  • Review — Sustainability: Operating margin scored 56/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.