SCHOLARSHIP AND WELFARE FUND OF THE ALUMNI ASSOCIATION OF HUNTER COLLEGE INC Charity Report

Public IRS 990 nonprofit record

SCHOLARSHIP AND WELFARE FUND OF THE ALUMNI ASSOCIATION OF HUNTER COLLEGE INC

EIN 13-1809290 · Education (B42I)

What they do

to STIMULATE, ENCOURAGE, and PROMOTE THE EDUCATIONAL WELFARE of STUDENTS and ALUMNI of HUNTER COLLEGE THROUGH ESTABLISHING, MAINTAINING, and AWARDING SCHOLARSHIPS and OTHER GRANTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.60 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders41 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

32.19%of revenue went to mission work72.6% of expenses · Program services

$44.33spent for every $100 of revenueRevenue covered expenses this year.

12.14%of revenue went to management and office costs27.4% of expenses

$31.30in assets for every $1 spent this yearSome assets cannot be spent right away.

28.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $84,000 for RUOFAN LI (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,935,089

Mission workProgram services$622,94232.19% of revenue72.6% of expenses

ManagementOffice and general costs$234,95412.14% of revenue27.4% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$1,077,19355.67% of revenueShown in gray on the chart

Total expenses$857,89644.33% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 72.6% mission · 27.4% management · 0.0% fundraisingTotal expenses: 44.33% of revenue

2023Expense mix: 72.2% mission · 26.7% management · 1.1% fundraisingTotal expenses: 50.27% of revenue

2021Expense mix: 80.3% mission · 18.1% management · 1.6% fundraisingTotal expenses: 128.94% of revenue

2020Expense mix: 80.4% mission · 18.8% management · 0.7% fundraisingTotal expenses: 128.49% of revenue

2019Expense mix: 84.9% mission · 14.5% management · 0.6% fundraisingTotal expenses: 75.14% of revenue

2018Expense mix: 84.5% mission · 15.0% management · 0.5% fundraisingTotal expenses: 148.81% of revenue

2017Expense mix: 85.3% mission · 14.7% management · 0.0% fundraisingTotal expenses: 88.90% of revenue

2016Expense mix: 87.3% mission · 12.7% management · 0.0% fundraisingTotal expenses: 88.74% of revenue

Money in and money out

Revenue$1,935,089

Expenses$857,896

Annual surplus $1,077,193 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$622,942 · 72.6% of expenses

Management and office costs$234,954 · 27.4% of expenses

See all reported dollar amounts

Revenue$1,935,089

Expenses$857,896

Assets$26,850,226

Income$12,352,780

Contributions$559,874

Mission work (program services)$622,942

Management and general$234,954

Stocks and bonds$26,635,680

Accounting fees$27,500

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

RUOFAN LIEXECUTIVE DIRECTOR · 28 hrs/week $84,000Base $83,280 · Other $720

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (41)

RUOFAN LIEXECUTIVE DIRECTOR

MARILYN GOODMANDIRECTOR & NOMINATING COMM

HELENE D GOLDFARBDIRECTOR

JAMESETTA A HALLEY-BOYCEASSITANT SECRETARY

JENNIFER J RABBDIRECTOR

JOHN LEUBSDORFDIRECTOR

JOSEPH LOSCHIAVODIRECTOR

JUDITH M ZABARDIRECTOR

KIMBERLY HAFNERDIRECTOR (FORMER)

LARRY LEEDIRECTOR

LESLIE LIETHDIRECTOR

MARCIA KAPLAN-MANNDIRECTOR

GRACE F SMALLWOODDIRECTOR

NORMAN GOLDSMITHDIRECTOR

PROF ELIZABETH K BEAUJOURDIRECTOR

ROSEMARY A GOULDDIRECTOR

SANDRINE HUGO-KENTDIRECTOR (FORMER)

VERA JUNKERSSECRETARY

VERONICA A FARJEDIRECTOR

VIRGINIA SHIELDSDIRECTOR

WILLIAM D SHEADIRECTOR

DR JAMESETTA A HALLEY-BOYCEDIRECTOR

AMY S BARASHDIRECTOR

ANN S LEWYNDIRECTOR

BARBARA LUSTIGDIRECTOR

BARBARA A POSELUZNYDIRECTOR

BARBARA J LEADERDIRECTOR

BARRIE J KELLYDIRECTOR

BETTINA DAMIANIDIRECTOR

DAVE S HATTEMDIRECTOR (FORMER)

DR ARLINE L BRONZAFTDIRECTOR

ALISA SCHIERMANDIRECTOR

DR MARILYN JS GOODMANDIRECTOR

DR MARY C KEANEDIRECTOR

DR VERA JUNKERSDIRECTOR

EIJA AYRAVAINENDIRECTOR

ELIZABETH WILSON-ANSTEYDIRECTOR (FORMER)

EUNICE LEWIS-BROOMEDIRECTOR

FRANCES A TABERDIRECTOR

GERALD GOLLUBDIRECTOR (FORMER)

GRACE C KRAJCOVICDIRECTOR

About this charity

Recognized since: January 1949
Location: 695 PARK AVE RM 1314HE, NEW YORK, NY 10065-5024
County: New York
In care of: WILLIAM SHEA
Primary officer: WILLIAM SHEA, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(212) 772-4092

Filing and classification

Latest tax year: 2024
Tax period began: June 1, 2024
Return type: 990
Tax preparer: SAX ADVISORS LLC
NTEE classification: Education (B42I)