Brooklyn College Foundation Inc

Organization Overview

Brooklyn College Foundation Inc is located in Brooklyn, NY. The organization was established in 1963. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Brooklyn College Foundation Inc employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn College Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Brooklyn College Foundation Inc generated $6.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $7.0m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST BROOKLYN COLLEGE BY DEVELOPING AN ONGOING & INCREASING SUPPORT BASE FROM COLLEGE ALUMNI.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN FY22, THE BROOKLYN COLLEGE FOUNDATION GRANTED MORE THAN $5.6 MILLION TO BROOKLYN COLLEGE. THIS INCLUDES OVER $2.6 MILLION AWARDED TO STUDENTS IN THE FORM OF SCHOLARSHIPS, AWARDS AND INTERNSHIPS; AND NEARLY $700,000 IN THE FORM OF PROFESSORSHIPS, LECTURESHIPS, PROFESSIONAL DEVELOPMENT SUPPORT FOR FACULTY.


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Board, Officers & Key Employees

Name (title)Compensation
Emily Moqtaderi
Managing Dir, Campaign & Leadership Gifts
$187,605
Patricia Allen
Associate Director
$104,412
Martin D Sass
Vice-Chair
$0
Evan Silverstein
Chair
$0
Ante Basic
Treasurer
$0
Carol L Zicklin
Secretary
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Marketing Communication Resource Inc
Printing & Mail
$109,850
Ologie Llc
Consulting Services
$206,938
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$3,863,134
Investment income $1,053,683
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $2,018,556
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,939,639

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Brooklyn College Foundation Inc has recieved totaling $100,350.

Awarding OrganizationAmount
Gray Foundation

Cohoes, NY

PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION.

$100,000
Make Great Things Happen Foundation

Clifton Park, NY

PURPOSE: SUPPORT EDUCATIONAL PROGRAMMING AT BROOKLYN COLLEGE

$350
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$46,760,579
Earnings$1,409,185
Net Contributions$1,730,718
Other Expense$1,295,183
Ending Balance$48,605,299

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