Overview
What is Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc?
The Scholarship and Welfare Fund of the Alumni Association of Hunter College Inc. is a nonprofit organization located at 695 Park Avenue 1314 E, New York, NY 10065. Their primary mission is to foster educational welfare among the students and alumni of Hunter College. They achieve this by establishing, maintaining, and supporting scholarship and other related activities. The organization voluntarily aims to improve, aid, and develop the individual capabilities of these students and alumni. To accomplish this, they offer student aid through grants and scholarships. With a team of three dedicated individuals, the fund seeks to positively impact the lives of Hunter College students and alumni.
Official website here: www.hunter.cuny.edu/alumni/hc_scholarship.shtml
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 95% (Four-Star out of Four Star rating)
The Scholarship and Welfare Fund of the Alumni Association of Hunter College Inc has received a strong 95% rating from Charity Navigator, indicating a high level of trustworthiness and effectiveness. This rating reflects the organization’s commitment to accountability and finance, with an accountability score of 88. It demonstrates sound financial management, as evidenced by a low liabilities to assets ratio of 0.10%, suggesting minimal financial risk.
A notable strength of this nonprofit is its outstanding impact and measurement score of 100, highlighting its effectiveness in fulfilling its mission. The program expense ratio of 82.15% indicates a significant portion of its funds are directed towards programs benefiting scholarship recipients. The organization effectively increases income for each scholarship recipient by more than $1.50 for every dollar spent, showcasing a successful approach to supporting students.
While the financial metrics are impressive, the feedback does not specify any particular limitations or challenges faced by the organization. Overall, the Scholarship and Welfare Fund appears to be a well-managed nonprofit with a strong focus on maximizing the impact of its scholarship initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc legitimate?
Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $92,929
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,528
For more financial information, click here
Official website here: www.hunter.cuny.edu/alumni/hc_scholarship.shtml
What is the mission statement of Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc?
The Scholarship and Welfare Fund of the Alumni Association of Hunter College Inc. is committed to stimulating, encouraging, and promoting the educational welfare of Hunter College students and alumni. Their mission includes voluntarily improving, aiding, and developing the individual capabilities of these individuals. To achieve these goals, they establish, maintain, operate, and support scholarship and other funds. This organization voluntarily provides student aid to Hunter College students through grants and/or scholarships.
Official website here: www.hunter.cuny.edu/alumni/hc_scholarship.shtml
Who is the CEO of Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc?
Shirley Whitney is the 3Rd Vice-President of Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc.
Official website here: www.hunter.cuny.edu/alumni/hc_scholarship.shtml
What is the revenue of Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc?
Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc's revenue in 2022 was $828,486.
Official website here: www.hunter.cuny.edu/alumni/hc_scholarship.shtml
Who are the executives of Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc and what are their salaries?
The average compensation at Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc during 2022 was $47,819. There are 3 employees and 35 volunteers at Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc.
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Official website here: www.hunter.cuny.edu/alumni/hc_scholarship.shtml
Where can I find the form 990 for Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc?
Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hunter.cuny.edu/alumni/hc_scholarship.shtml
Learn more at the official website: www.hunter.cuny.edu/alumni/hc_scholarship.shtml
Mission Statement of Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc
The Scholarship and Welfare Fund of the Alumni Association of Hunter College Inc is committed to stimulating, encouraging, and promoting the educational welfare of the students and alumni of Hunter College. This nonprofit organization voluntarily works towards improving, aiding, and developing the individual capabilities of these students and alumni. To achieve these goals, the Scholarship and Welfare Fund establishes, maintains, operates, and supports scholarship and other funds. Through these efforts, the organization provides student aid to students of Hunter College in the form of grants and scholarships. By doing so, the Scholarship and Welfare Fund of the Alumni Association of Hunter College Inc aims to benefit the academic and personal growth of its students and alumni, fostering their success and well-being.
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Impact
July, 2024
The impact of the Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc is significant as it provides crucial support to students of Hunter College through grants and scholarships. By offering financial aid, the fund enables students to pursue their education without the burden of excessive financial strain. This assistance not only benefits individual students but also contributes to the overall educational welfare of the Hunter College community. Through its mission to improve and develop the capabilities of students and alumni, the fund plays a vital role in fostering educational opportunities and promoting academic success.
This information is meant to be a general summary of Scholarship And Welfare Fund Of The Alumni Association Of Hunter College Inc. 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: $433,581
- Gross Receipts: $14,110,743
Assets and Liabilities:
- Total Assets: $25,509,699
- Total Liabilities: $28,000
- Net Assets: $25,481,699
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Organization Details
Founding Year
1949
Phone
(212) 772-4092Principal Officer
Shirley Whitney
Main Address
695 PARK AVENUE 1314 E, NEW YORK, NY, 10065
NTEE Category
Code: B42I - Education
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