Fiorello H Laguardia Community College Foundation

Organization Overview

Fiorello H Laguardia Community College Foundation is located in Long Island City, NY. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Fiorello H Laguardia Community College Foundation 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 06/2022, Fiorello H Laguardia Community College Foundation generated $11.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.0% each year . All expenses for the organization totaled $5.1m during the year ending 06/2022. While expenses have increased by 4.3% per year over the past 7 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT AND ENCOURAGE THE STUDENTS OF LAGUARDIA COMMUNITY COLLEGE IN THEIR ACADEMIC ENDEAVORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO SUPPORT AND ADVANCE THE EDUCATION, RESEARCH, AND PUBLIC SERVICE MISSION OF FIORELLO H. LAGUARDIA COMMUNITY COLLEGE BY FUNDING SCHOLARSHIPS AND AWARDS AND PROVIDING ACADEMIC PROGRAMS FOR THE BENEFIT OF ITS STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Joel Glasky
Vice Chair
$0
Suzie Scanlon ESQ
Chair
$0
Ernest Von Simson
Treasurer
$0
Kenneth Adams
President
$0
Laura Bartovics
Interim Executive Director
$0
Yifei Shen
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$10,685,157
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$10,685,157
Total Program Service Revenue$0
Investment income $111,418
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $222,274
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,018,849

Grants Recieved

Over the last fiscal year, we have identified 18 grants that Fiorello H Laguardia Community College Foundation has recieved totaling $1,010,145.

Awarding OrganizationAmount
Robert David Lion Gardiner Foundation Inc

Hampton Bays, NY

PURPOSE: 2021 GRANT AWARD 1 OF 4

$340,000
Steven & Alexandra Cohen Foundation Inc

Stamford, CT

PURPOSE: WORKFORCE DEVELOPMENT

$250,000
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$201,800
Raybin Q Wong Foundation

White Plains, NY

PURPOSE: SCHOLARSHIP & JOB TRAINING

$60,000
The Eric Slovin Private Charitable Foundation

Brooklyn, NY

PURPOSE: CHARITABLE CONTRIBUTIONS

$50,000
Ayco Charitable Foundation

Cohoes, NY

PURPOSE: EDUCATION

$26,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$3,320,575
Earnings-$187,377
Net Contributions$817,785
Other Expense$41,500
Ending Balance$3,909,483

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