Civic Intelligence

Macaulay Honors College Foundation

990 • Fiscal year 2017 • EIN 02-0534583

Jul 01, 2016 to Jun 30, 2017 • Filed on May 11, 2018

35 West 67th StreetNew York, NY 10023

(212) 729-2944

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

17th percentile

0.01x

Higher debt load relative to assets than 17% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Liabilities / Revenue

69th percentile

0.49x

Higher debt load relative to revenue than 69% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Net Margin

1st percentile

-423%

Higher net margin than 1% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Top Officer Pay

21st percentile

$0

Higher top officer pay than 21% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • NTEE B • $5M-$10M nonprofits • Source year 2017

Asset Growth

11th percentile

-6.9%

Faster asset growth than 11% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2016 to 2017

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

2017 filings • NTEE B • $5M-$10M nonprofits • Annualized from 2016 to 2017

Assets

Down

$9,726,027

Down $715,911 (-6.9%) from 2016

Net Assets

Down

$9,595,211

Down $790,628 (-7.6%) from 2016

Liabilities

Up

$130,816

Up $74,717 (+133%) from 2016

Revenue

Down

$265,765

Down $2,597,591 (-91%) from 2016

Expenses

Down

$1,391,024

Down $622,183 (-31%) from 2016

Net Income

Down

-$1,125,259

Down $1,975,408 (-232%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$40M$30M$20M$10M$0Assets 2010: $32,472,995Liabilities 2010: $20,925,429Net Assets 2010: $11,547,5662010Assets 2011: $30,641,733Liabilities 2011: $19,222,364Net Assets 2011: $11,419,3692011Assets 2012: $29,662,897Liabilities 2012: $17,347,199Net Assets 2012: $12,315,6982012Assets 2013: $27,099,854Liabilities 2013: $15,006,671Net Assets 2013: $12,093,1832013Assets 2014: $13,935,432Liabilities 2014: $51,405Net Assets 2014: $13,884,0272014Assets 2015: $11,425,152Liabilities 2015: $24,220Net Assets 2015: $11,400,9322015Assets 2016: $10,441,938Liabilities 2016: $56,099Net Assets 2016: $10,385,8392016Assets 2017: $9,726,027Liabilities 2017: $130,816Net Assets 2017: $9,595,2112017Assets 2018: $8,819,511Liabilities 2018: $83,317Net Assets 2018: $8,736,1942018Assets 2019: $9,228,895Liabilities 2019: $53,988Net Assets 2019: $9,174,9072019Assets 2020: $8,641,176Liabilities 2020: $29,900Net Assets 2020: $8,611,2762020Assets 2021: $9,576,939Liabilities 2021: $40,825Net Assets 2021: $9,536,1142021Assets 2022: $8,985,421Liabilities 2022: $26,300Net Assets 2022: $8,959,1212022Assets 2023: $15,776,192Liabilities 2023: $6,487Net Assets 2023: $15,769,7052023Assets 2024: $16,379,572Liabilities 2024: $39,559Net Assets 2024: $16,340,0132024Assets 2025: $15,660,319Liabilities 2025: $71,069Net Assets 2025: $15,589,2502025

Highlighted filing

2017

Assets$9,726,027
Liabilities$130,816
Net Assets$9,595,211

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2010: $1,235,8092010Revenue 2011: $2,633,816Expenses 2011: $1,304,017Net Income 2011: $1,329,7992011Expenses 2012: $1,183,6452012Revenue 2013: $1,297,807Expenses 2013: $1,775,600Net Income 2013: -$477,7932013Revenue 2014: $3,003,930Expenses 2014: $1,671,435Net Income 2014: $1,332,4952014Revenue 2015: $1,866,928Expenses 2015: $1,890,726Net Income 2015: -$23,7982015Revenue 2016: $2,863,356Expenses 2016: $2,013,207Net Income 2016: $850,1492016Revenue 2017: $265,765Expenses 2017: $1,391,024Net Income 2017: -$1,125,2592017Revenue 2018: $1,629,060Expenses 2018: $1,821,127Net Income 2018: -$192,0672018Revenue 2019: $3,022,277Expenses 2019: $1,804,281Net Income 2019: $1,217,9962019Revenue 2020: $1,308,331Expenses 2020: $1,211,596Net Income 2020: $96,7352020Revenue 2021: $1,248,601Expenses 2021: $945,790Net Income 2021: $302,8112021Revenue 2022: $1,523,072Expenses 2022: $1,124,759Net Income 2022: $398,3132022Revenue 2023: $8,086,950Expenses 2023: $1,440,773Net Income 2023: $6,646,1772023Revenue 2024: $2,599,794Expenses 2024: $2,272,330Net Income 2024: $327,4642024Revenue 2025: $1,622,858Expenses 2025: $2,718,137Net Income 2025: -$1,095,2792025

Highlighted filing

2017

Revenue$265,765
Expenses$1,391,024
Net Income-$1,125,259
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 11, 2018
Return Version
2016v3.0
Gross Receipts
$729,571
Mission and Program Overview

Mission

Macaulay honors college foundation assists the charitable, educational, and intellectual endeavors of macaulay honors college of the city of new york (the college) and promotes the image and general welfare of the college. The foundation also provides financial support to the college by holding, administering and disposing of gifts and grants, without profit, for the benefit of the college.

Macaulay honors college foundation assists the charitable, educational and intellectual endeavors of macaulay honors college foundation of the city university of new york.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$7,294,325$7,363,501▲ $69,176
Cash and Non-Interest-Bearing Accounts$2,124,987$1,395,580▼ $729,407
Pledges and Grants Receivable$957,304$773,789▼ $183,515
Prepaid Expenses and Deferred Charges-$82,460-
Savings and Temporary Cash Investments$65,322$65,351▲ $29
Total Assets$10,441,938$9,726,027▼ $715,911
Other Assets Total-$45,346-
Liabilities
Accounts Payable and Accrued Expenses$56,099$130,816▲ $74,717
Total Liabilities$56,099$130,816▲ $74,717
Net Assets / Fund Balance
Permanently Rstr Net Assets$10,736,949$10,736,949→ $0
Temporarily Rstr Net Assets$3,311,404$2,578,827▼ $732,577
Unrestricted Net Assets$-3,662,514$-3,720,565▼ $58,051
Total Net Assets Fund Balance$10,385,839$9,595,211▼ $790,628
Total Liabilities and Net Assets / Fund Balance$10,441,938$9,726,027▼ $715,911

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$4,487,501--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$10,742,533-▲ $89,561$35,357$10,796,737
2015$10,795,572-▼ $17,247$35,792$10,742,533
2014$12,440,497-▼ $1,203,632$441,293$10,795,572
2013$11,203,973-▲ $1,656,966$420,442$12,440,497
2012$10,562,406$718,738▲ $294,624$371,795$11,203,973
Compensation and Service Providers

Board Members and Trustees

NameTitle
William MacaulayChair
Anthony meyerVice-chair/treasurer
Anita SonawaneDirector
Ann LimbergDirector
Annie ErnerDirector
DAVID CoUlTERDirector
Jack BierwirthDirector
Laura SchorDirector
Matthew GoldsteinDirector
Michael GrohmanDirector
Michael ZigmanDirector
Steven GoldmanDirector
Tony BrownDirector
Yosef IbrahimiDirector
norton garfinkleDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$568,567
Program Service Revenue
$0
Investment Income
$-322,738
Other Revenue
$19,936
All Other Contributions
$568,567
Change in Net Assets
$-1,125,259

Audited Revenue Reconciliation

Revenue per Audited Statements
$662,060
Revenue Not Reported on Financial Statements
$-396,295
Revenue Not Reported on Form 990
$165,986
Other Revenue Adjustments
$-396,295
Total Revenue per Audited Statements
$828,046
Total Revenue per Form 990
$265,765
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$751,520
Other Expenses$639,504
Total Fundraising Expense$59,805
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$751,520--$751,520
Fees for Services Other$193,466$10,999-$204,465
Office Expenses$60,829$6,909$22,049$89,787
Fees for Services Accounting-$47,116-$47,116
Travel$28,256$2,356$2,180$32,792
Conferences and Meetings$14,823$1,236$1,144$17,203
Other Expenses$64,407$14$7,500$7,500
All Other Expenses$181--$181
Total Functional Expenses$1,262,044$69,175$59,805$1,391,024

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,618,674
Expenses per Audited Statements$1,391,024
Total Expenses per Form 990$1,391,024
Expenses Not Reported on Form 990$227,650
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
William MacaulayDirectorA member of the Board of Directors is a manager of the limited partnership. THE AMOUNT OF THE TRANASCTION REPORTED IS THE FMV OF THE INVESTMENT AT JUNE 30, 2017 HELD BY THE ORGANIZATION.No$2,876,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, line 11B

The form 990 is prepared by an independent accountant. The form is first reviewed by the president and director of finance of the foundation. The final draft is presented to the board of directors for review prior to filing with the IRS.

Form 990, Part VI, Section B, line 12C

EACH DIRECTOR, OFFICER, MANAGER, MEMBER OF A COMMITTEE WITH BOARD-DELEGATED POWERS, and persons working on behalf of the foundation in positions of significant responsibility SHALL ANNUALLY SIGN A STATEMENT THAT AFFIRMS SUCH PERSON: 1. HAS RECEIVED A COPY OF THIS CONFLICTS OF INTEREST POLICY; 2. HAS READ AND UNDERSTANDS THE POLICY; 3. HAS AGREED TO COMPLY WITH THE POLICY; AND 4. UNDERSTANDS THAT THE FOUNDATION IS A CHARITABLE ORGANIZATION THAT OPERATES FOR THE PUBLIC GOOD AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES THAT ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.

Form 990, Part VI, Section C, line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Macaulay Honors College Foundation
EIN
02-0534583
Phone
2127292944
Address
35 WEST 67TH STREET, NEW YORK, NY 10023

Signing Officer

Name
Anthony Meyer
Title
Vice-chair/treasurer
Phone
2127292944
Signed
2018-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Meyer
Formed
2008
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
15
Employees
0
Volunteers
16

Preparer

Firm
Cohnreznick Llp
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Magdalena M Czerniawski CPA
Phone
2122970400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

Other Professional Fees: Program service expenses 193,466. Management and general expenses 10,999. Fundraising expenses 0. Total expenses 204,465.

Form 990, Part XI, line 9:

partnership passthrough 396,295.

form 990, Part XII, line 2C:

The process has not changed from the prior year.

Financial Statement Notes

Part V, Line 4:

The foundation uses its endowment funds to support the macaulay honors college of the city university of new york. The endowment is made up of the following classification of funds: temporarily restricted 59,788 permanently restricted 10,736,949

Part X, Line 2:

The Foundation is not aware of any course of action or series of events that have occurred that might adversely affect the Foundation's tax-exempt status. The Foundation has no unrecognized tax benefits at June 30, 2017 and 2016. The Foundation's federal and state income tax returns prior to fiscal year 2014 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If applicable, the Foundation will recognize interest and penalties associated with tax matters as part of the income tax provision and include accrued interest and penalties with the related tax liability in the accompanying statements of financial position. There were no interest or penalties paid for the year ended June 30, 2017.

Part XI, Line 4B - Other Adjustments:

Partnership passthrough -396,295.

Raw XML AppendixShowing 400 of 527 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/GainOrLossGrp/OtherAmt0-463806
IRS990/GainOrLossGrp/SecuritiesAmt065007
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt015
IRS990/GrantAmt0746846
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0751520
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0751520
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt065007
IRS990/GrossReceiptsAmt0729571
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt015
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartIXInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt076061
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt076061
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt07294325
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt07363501
IRS990/IRPDocumentCnt035
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0463806
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The Macaulay honors college foundation assists the charitable, educational, and intellectual endeavors of the Macaulay honors college of the City University of New York (the "college") and promotes the image and general welfare of the college. The foundation also provides financial support to the college by holding, administering and disposing of gifts and grants, without profit, for the benefit of the college.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt010385839
IRS990/NetAssetsOrFundBalancesEOYAmt09595211
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-398799
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-398799
IRS990/NetUnrelatedBusTxblIncmAmt0-151302
IRS990/NetUnrlzdGainsLossesInvstAmt0-61664
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/FundraisingAmt022049
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt06909
IRS990/OfficeExpensesGrp/ProgramServicesAmt060829
IRS990/OfficeExpensesGrp/TotalAmt089787
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt045346
IRS990/OtherChangesInNetAssetsAmt0396295
IRS990/OtherExpensesGrp/Desc0College Events
IRS990/OtherExpensesGrp/Desc1honoraria/stipends 1099
IRS990/OtherExpensesGrp/Desc2Other Expenses
IRS990/OtherExpensesGrp/Desc3Bad debt
IRS990/OtherExpensesGrp/FundraisingAmt016775
IRS990/OtherExpensesGrp/FundraisingAmt1175
IRS990/OtherExpensesGrp/FundraisingAmt29982
IRS990/OtherExpensesGrp/FundraisingAmt37500
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0545
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt114
IRS990/OtherExpensesGrp/ProgramServicesAmt0148562
IRS990/OtherExpensesGrp/ProgramServicesAmt164407
IRS990/OtherExpensesGrp/TotalAmt0165882
IRS990/OtherExpensesGrp/TotalAmt164582
IRS990/OtherExpensesGrp/TotalAmt29996
IRS990/OtherExpensesGrp/TotalAmt37500
IRS990/OtherRevenueMiscGrp/BusinessCd0525990
IRS990/OtherRevenueMiscGrp/Desc0k-1 income/loss
IRS990/OtherRevenueMiscGrp/ExclusionAmt0167372
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt019663
IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt0-147709
IRS990/OtherRevenueTotalAmt019663
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt010736949
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt010736949
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0957304
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0773789
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt082460
IRS990/PrincipalOfficerNm0ANTHONY MEYER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0The Student Support program are several programs that provide Career Development, Mental Health programming, Student club and other activites to students. The Student Emergency Program provides financial support to students facing a crisis and/or financial need in order for them to remain enrolled and on track for graduation.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0328961
IRS990/ProgSrvcAccomActy2Grp/GrantAmt04674
IRS990/ProgSrvcAccomActy3Grp/Desc0The Communication and Outreach program provides support for public programming events and the annual commencement program for graduates.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt09143
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt03041123
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01369120
IRS990/PYInvestmentIncomeAmt0581917
IRS990/PYOtherExpensesAmt0644087
IRS990/PYOtherRevenueAmt0-759684
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0850149
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt02013207
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02863356
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-1125259
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt0273
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt0273
IRS990/SavingsAndTempCashInvstGrp/BOYAmt065322
IRS990/SavingsAndTempCashInvstGrp/EOYAmt065351
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0568567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt03041123
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01653788
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01544254
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0962867
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt07770599
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt076334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt027702
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt020334
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt016595
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt013057
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0154022
IRS990ScheduleA/PublicSupportCY170Pct00.67980
IRS990ScheduleA/PublicSupportPY170Pct00.69140
IRS990ScheduleA/PublicSupportTotal170Amt05613522
IRS990ScheduleA/SubstantialContributorsTotAmt02157077
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0568567
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt03041123
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01653788
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01544254
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0962867
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt07770599
IRS990ScheduleA/TotalSupportAmt08258121
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearAmt019663
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/CurrentTaxYearMinus4YearsAmt0313837
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt0333500
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt010742533
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt010796737
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt089561
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt035357
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt010795572
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt010742533
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-17247
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt035792
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt012440497
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt010795572
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1203632
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0441293
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt011203973
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt012440497
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt01656966
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0420442
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt010562406
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0718738
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt011203973
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0294624
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0371795
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0227650
IRS990ScheduleD/DonatedServicesUseFcltsAmt0227650
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt0227650
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01391024
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-61664
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-396295
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt02876000
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt14487501
IRS990ScheduleD/OtherSecuritiesGrp/Desc0limited partnership
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Cuny investment Pool
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.99000
IRS990ScheduleD/RevenueNotReportedAmt0165986
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-396295
IRS990ScheduleD/RevenueSubtotalAmt0662060
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION USES ITS ENDOWMENT FUNDS TO SUPPORT THE MACAULAY HONORS COLLEGE OF THE CITY UNIVERSITY OF NEW YORK. THE ENDOWMENT IS MADE UP OF THE FOLLOWING CLASSIFICATION OF FUNDS: TEMPORARILY RESTRICTED 59,788 PERMANENTLY RESTRICTED 10,736,949
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1The Foundation is not aware of any course of action or series of events that have occurred that might adversely affect the Foundation's tax-exempt status. The Foundation has no unrecognized tax benefits at June 30, 2017 and 2016. The Foundation's federal and state income tax returns prior to fiscal year 2014 are closed and management continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law and new authoritative rulings. If applicable, the Foundation will recognize interest and penalties associated with tax matters as part of the income tax provision and include accrued interest and penalties with the related tax liability in the accompanying statements of financial position. There were no interest or penalties paid for the year ended June 30, 2017.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Partnership passthrough -396,295.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part V, Line 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.01000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.7$0.07$15.6$1.62$2.72$1.10
2024Detailed filing. Detailed filing data is available for this year.$16.4$0.04$16.3$2.60$2.27$0.33
2023Detailed filing. Detailed filing data is available for this year.$15.8$0.01$15.8$8.09$1.44$6.65
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.99$0.03$8.96$1.52$1.12$0.40
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.58$0.04$9.54$1.25$0.95$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.64$0.03$8.61$1.31$1.21$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.23$0.05$9.17$3.02$1.80$1.22
2018Detailed filing. Detailed filing data is available for this year.$8.82$0.08$8.74$1.63$1.82$0.19
2017Detailed filing. Detailed filing data is available for this year.$9.73$0.13$9.60$0.27$1.39$1.13
2016Detailed filing. Detailed filing data is available for this year.$10.4$0.06$10.4$2.86$2.01$0.85
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.4$0.02$11.4$1.87$1.89$0.02
2014Detailed filing. Detailed filing data is available for this year.$13.9$0.05$13.9$3.00$1.67$1.33
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$27.1$15.0$12.1$1.30$1.78$0.48
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.7$17.3$12.3$1.18
2011Summary only. Only limited summary data is available for this year.$30.6$19.2$11.4$2.63$1.30$1.33
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.5$20.9$11.5$1.24