Overview
What is Macaulay Honors College Foundation?
The Macaulay Honors College Foundation is a nonprofit organization situated in New York City, specifically at 35 West 67th Street. Its primary role involves aiding and supporting the charitable, educational, and intellectual pursuits of Macaulay Honors College, which is part of the City University of New York. The foundation accomplishes this by providing various student support programs, such as career development, wellness initiatives, student clubs, and other activities, all aimed at enriching the student experience. The foundation's mission extends beyond financial support, as it also works to promote the college's image and general welfare while maintaining its own non-profit status. By holding, administering, and disposing of gifts and grants without profit, the Macaulay Honors College Foundation contributes significantly to the college's wellbeing and growth.
Official website here: www.macaulay.cuny.edu
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Star Rating)
The Macaulay Honors College Foundation has achieved a perfect score of 100%, reflecting its outstanding accountability and finance practices. This high rating indicates that the organization is very well-managed and demonstrates transparency in its operations. The foundation has a fully independent board, with all 17 members meeting independence criteria, which is a strong indicator of effective governance.
Financial oversight is another strong point for the foundation, as evidenced by its perfect scores in areas like audit and oversight, material diversion of assets, and the presence of important policies such as conflict of interest and whistleblower protections. The foundation also demonstrates a commendable financial structure, with 78.48% of expenses devoted to programs and a very low ratio of liabilities to assets.
While the organization's financial health appears robust, it is important for potential donors to consider the overall impact of its programs and services. With efficient fundraising practices, the foundation operates at a high level of financial sustainability, which is essential for long-term effectiveness. Overall, Macaulay Honors College Foundation is a well-regarded nonprofit that prioritizes transparency and accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Macaulay Honors College Foundation legitimate?
Macaulay Honors College Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Macaulay Honors College Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.macaulay.cuny.edu
What is the mission statement of Macaulay Honors College Foundation?
The Macaulay Honors College Foundation supports the charitable, educational, and intellectual pursuits of Macaulay Honors College, a division of the City University of New York. Its mission is to enhance the image and overall well-being of the college. The foundation achieves this by providing financial assistance through the management of donations and grants, all for the benefit of the college. This financial support is crucial in advancing the educational and intellectual endeavors of Macaulay Honors College.
Official website here: www.macaulay.cuny.edu
Who is the CEO of Macaulay Honors College Foundation?
Stephanie Hyacinth is the Executive Director (Non-Vo of Macaulay Honors College Foundation.
Official website here: www.macaulay.cuny.edu
What is the revenue of Macaulay Honors College Foundation?
Macaulay Honors College Foundation's revenue in 2022 was $1,523,072.
Official website here: www.macaulay.cuny.edu
Who are the executives of Macaulay Honors College Foundation and what are their salaries?
Here are 20 key members and their salaries:
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Official website here: www.macaulay.cuny.edu
Where can I find the form 990 for Macaulay Honors College Foundation?
Macaulay Honors College Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.macaulay.cuny.edu
Learn more at the official website: www.macaulay.cuny.edu
Mission Statement of Macaulay Honors College Foundation
The Macaulay Honors College Foundation supports the charitable, educational, and intellectual pursuits of Macaulay Honors College, a part of the City University of New York. The foundation's mission is multifaceted. It aims to enhance the image and general welfare of the college, promoting its reputation in the process. Additionally, the Macaulay Honors College Foundation provides financial assistance to the college by managing and distributing donations and grants. These funds are used to benefit the college, without the foundation seeking profit from these activities. The foundation's role is crucial in bolstering the academic and philanthropic endeavors of Macaulay Honors College, thereby contributing to its overall growth and success.
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Impact
July, 2024
Macaulay Honors College Foundation's impact is significant in supporting the charitable, educational, and intellectual endeavors of Macaulay Honors College of the City University of New York. The foundation plays a crucial role in providing student support programs that focus on career development, wellness programming, student clubs, and other activities to enhance the overall student experience. By offering financial support through gifts and grants, the foundation contributes to the general welfare of the college and promotes its image in the community.
This information is meant to be a general summary of Macaulay Honors College Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $190,526
- Gross Receipts: $1,541,391
Assets and Liabilities:
- Total Assets: $8,985,421
- Total Liabilities: $26,300
- Net Assets: $8,959,121
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Organization Details
Founding Year
2008
Phone
(212) 729-2939Principal Officer
Stephanie Hyacinth
Main Address
35 WEST 67TH STREET, NEW YORK, NY, 10023
Website
www.macaulay.cuny.eduNTEE Category
Code: B80 - Education
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