The City College 21st Century Foundation Inc

Organization Overview

The City College 21st Century Foundation Inc is located in New York, NY. The organization was established in 1997. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, City College 21st Century Foundation Inc employed 92 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City College 21st Century 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 06/2021, City College 21st Century Foundation Inc generated $28.1m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $15.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, City College 21st Century Foundation Inc has awarded 50 individual grants totaling $32,154,566. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

AN EDUCATIONAL FOUNDATION SUPPORTING STUDENTS AND PROGRAMS OF THE CITY COLLEGE OF NEW YORK, CITY UNIVERSITY OF NEW YORK.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP PROGRAMS - PROVIDING SCHOLARSHIPS FOR CITY COLLEGE STUDENTS.


COLLEGE ACTIVITIES SUPPORTING PROGRAMS - PROVIDING SUPPORT TO STUDENTS, FACULTY, AND PROGRAMS WITHIN CITY COLLEGE.


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Board, Officers & Key Employees

Name (title)Compensation
Vivien R Clark
Secretary
$0
Martin Cohen
Chairperson
$0
Dr Vince Boudreau
Board Member
$0
Doliski Mozeliski
Executive Dir
$0
Felix Lam
CFO
$0
Peter Zahn
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Fiduciary Investment Advisors
Financial Services
$201,359
Sanky Communications
Consulting Service
$336,402
Blackbaud Inc
Computer System And Consulting Service
$169,754
Drishti Solutions Llc
Consulting Service
$120,000
Association Of College And University Ed
Consulting Service
$100,402
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $36,663
All other contributions, gifts, grants, and similar amounts not included above$16,328,407
Noncash contributions included in lines 1a–1f $239,060
Total Revenue from Contributions, Gifts, Grants & Similar$16,365,070
Total Program Service Revenue$0
Investment income $5,888,429
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,445,296
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $28,050,214

Grants Awarded

Over the last fiscal year, The City College 21st Century Foundation Inc has awarded $6,229,741 in support to 3 organizations.

Grant RecipientAmount

RESEARCH FOUNDATION OF CUNY

Org PageRecipient Profile

New York, NY

PURPOSE: SPONSORSHIP

$5,742,757

THE CITY COLLEGE OF NEW YORK

PURPOSE: SUBRECIPIENT

$481,984

AMERICAN INSTITUTE OF CHEMICAL ENGINEERS

Org PageRecipient Profile

New York, NY

PURPOSE: SPONSORSHIP

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 8 grants that The City College 21st Century Foundation Inc has recieved totaling $355,255.

Awarding OrganizationAmount
Thomas W Smith Foundation

Boca Raton, FL

PURPOSE: EDUCATION

$260,000
Goldman Sachs Philanthropy Fund

New York, NY

PURPOSE: EDUCATION

$41,000
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$23,000
Community Foundation Of Greater Greensboro Inc

Greensboro, NC

PURPOSE: GENERAL SUPPORT

$10,000
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$7,750
Johnson Charitable Gift Fund

Cincinnati, OH

PURPOSE: GENERAL FUND

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$198,136,201
Earnings$41,624,603
Net Contributions$14,414,022
Other Expense$250,408,145
Grants$3,766,681

Peer Organizations

Organization NameAssets
Arnhold Foundation Inc
New York, NY
$53,665,580
The Morningside Foundation
Newton Centre, MA
$11,895,776
Prudential Foundation Inc
Newark, NJ
$53,115,847
The Grace And Mercy Foundation Inc
New York, NY
$100,220,039
The Patrick J Mcgovern Foundation Inc
Boston, MA
$20,910,577
One8 Foundation
Boston, MA
$32,279,319
Peter G Peterson Foundation
New York, NY
$50,280,779
Leon Levy Foundation
New York, NY
$121,596,253
Shubert Foundation Inc
New York, NY
$57,657,953
J Howard Pew Freedom Tr
Philadelphia, PA
$64,346,772
Mccune Foundation
Pittsburgh, PA
$38,182,239
Hauser Foundation Inc
New York, NY
$9,971,722

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