Queensborough Community College Fund Inc

Organization Overview

Queensborough Community College Fund Inc is located in Bayside, NY. The organization was established in 1977. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Queensborough Community College Fund 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 06/2021, Queensborough Community College Fund Inc generated $1.7m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.8% each year . All expenses for the organization totaled $953.0k during the year ending 06/2021. While expenses have increased by 6.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO BENEFIT QUEENSBOROUGH COMMUNITY COLLEGE STUDENTS BY RAISING FUNDS FROM PRIVATE SOURCES TO ADVANCE THE EDUCATIONAL & CULTURAL PROGRAMS OF QUEENSBOROUGH COMMUNINITY COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SCHOLARSHIPS AND TO SUPPLEMENT COLLEGE PROGRAMS BY PROVIDING SUPPLIES AND SERVICES.


TO PROVIDE SCHOLARSHIPS AND TO SUPPLEMENT COLLEGE PROGRAMS BY PROVIDING SUPPLIES AND SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Kupferberg
Chair
$0
Charlene Prounis
Vice Chair
$0
Patricia Tiffany
Secretary
$0
Charlotte Biblow ESQ
Treasurer
$0
Rizwan Qureshi
Board Member
$0
Ronald S Appel
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$858,154
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$858,154
Total Program Service Revenue$0
Investment income $315,871
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $546,655
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,720,680

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Queensborough Community College Fund Inc has recieved totaling $122,801.

Awarding OrganizationAmount
Kupferberg Foundation Incorporated

Wilmington, DE

PURPOSE: HARRIET & KENNETH KUPFERBERG HOLOCAUST CENTER

$40,000
Kenneth And Harriet R Kupferberg Family Foundation

Flushing, NY

PURPOSE: GENERAL PURPOSE

$30,000
Eugene M Lang Foundation

New York, NY

PURPOSE: GENERAL

$25,000
Southpole Foundation Inc

Fort Lee, NJ

PURPOSE: SCHOLARSHIP GRANT

$14,000
Richmond County Savings Foundation

Staten Island, NY

PURPOSE: BROADWAY TOASTS OUR PARTNERS

$5,000
New York Community Bank Foundation

Roslyn, NY

PURPOSE: SUPPORT STUDENT EMERGENCY FUND

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$9,758,945
Earnings$2,619,853
Net Contributions$137,265
Other Expense$271,059
Ending Balance$12,245,004

Peer Organizations

Organization NameAssets
Raritan Valley Community College Dir Of Budget & Finance Office
Somerville, NJ
$84,313,623
Dean College
Franklin, MA
$77,417,313
Becker College
Worcester, MA
$64,626,574
Mount Aloysius College
Cresson, PA
$41,178,883
Landmark College Inc
Putney, VT
$38,969,151
Lackawanna College
Scranton, PA
$37,550,402
Keystone College
La Plume, PA
$32,307,027
Mitchell College
New London, CT
$31,379,437
Hilbert College
Hamburg, NY
$25,027,344
Trocaire College
Buffalo, NY
$27,715,968
Laboure College
Milton, MA
$27,640,427
Maria College
Albany, NY
$17,053,225

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