Form 990 for tax year 2024
Filed by BROOKLYN TECH ALUMNI FOUNDATION INC.
Totals
- Total revenue
- $2,337,012
- Total expenses
- $1,985,957
- Contributions and grants received
- $1,522,978
- Grants paid
- $256,450
- Program service revenue
- $0
- Investment income
- $820,785
- Other revenue
- -$6,751
- Total assets, end of year
- $18,573,201
- Total liabilities, end of year
- $136,965
- Net assets or fund balances, end of year
- $18,436,236
- Program services expenses (Part IX)
- $1,284,761
- Management and general expenses
- $550,692
- Fundraising expenses
- $150,504
- Program service expenses (Part III)
- $1,284,761
Program services were 64.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$66,737
-
1f · All other contributions, gifts and grants
$1,456,241
-
1g · Noncash contributions included above
$3,000
-
3 · Investment income
total $418,521 · excluded $418,521
-
5 · Royalties
total $10,219 · excluded $10,219
-
7a · Gross sales of assets other than inventory
securities $567,095
-
7b · Less cost or other basis and sales expenses
securities $164,831
-
7c · Gain or loss
securities $402,264
-
7d · Net gain or loss
total $402,264 · excluded $402,264
-
8a · Fundraising events: gross income
$75,360
-
8a · Fundraising events: contributions included on line 1c
$66,737
-
8b · Fundraising events: direct expenses
$92,330
-
8c · Net income from fundraising events
total -$16,970 · excluded -$16,970
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $256,450 · program services $256,450
-
5 · Compensation of officers, directors and key employees
total $175,133 · program services $119,741 · management and general $32,674 · fundraising $22,718
-
7 · Other salaries and wages
total $470,096 · program services $320,644 · management and general $83,246 · fundraising $66,206
-
8 · Pension plan contributions
total $7,612 · program services $5,276 · management and general $1,839 · fundraising $497
-
9 · Other employee benefits
total $65,278 · program services $45,250 · management and general $15,767 · fundraising $4,261
-
10 · Payroll taxes
total $64,425 · program services $44,658 · management and general $15,561 · fundraising $4,206
-
11b · Fees: legal
total $7,153 · management and general $7,153
-
11c · Fees: accounting
total $109,412 · management and general $109,412
-
11d · Fees: lobbying
total $118,450 · program services $118,450
-
11f · Fees: investment management
total $56,269 · management and general $56,269
-
11g · Fees: other
total $222,401 · program services $115,136 · management and general $88,765 · fundraising $18,500
-
13 · Office expenses
total $99,387 · program services $31,363 · management and general $49,531 · fundraising $18,493
-
14 · Information technology
total $106,150 · program services $60,859 · management and general $29,668 · fundraising $15,623
-
22 · Depreciation, depletion and amortization
total $31,125 · management and general $31,125
-
23 · Insurance
total $7,395 · management and general $7,395
-
24a · Other expenses: EDUCATIONAL SUPPORT
total $105,729 · program services $105,729
-
24b · Other expenses: EDUCATIONAL EXPENSES
total $37,262 · program services $37,262
-
24c · Other expenses: PRINCIPALS FUND
total $23,290 · program services $20,502 · management and general $2,788
-
24d · Other expenses: BOARD EXPENSES
total $19,499 · management and general $19,499
-
24e · All other expenses
total $3,441 · program services $3,441
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $122,819 · end of year $230,962
-
2 · Savings and temporary cash investments
beginning of year $1,043,040 · end of year $887,310
-
3 · Pledges and grants receivable
beginning of year $131,676 · end of year $76,210
-
9 · Prepaid expenses and deferred charges
beginning of year $106,350 · end of year $106,829
-
11 · Investments: publicly traded securities
beginning of year $14,930,039 · end of year $16,287,490
-
12 · Investments: other securities
beginning of year $882,271 · end of year $984,400
-
14 · Intangible assets
beginning of year $31,125
-
17 · Accounts payable and accrued expenses
beginning of year $184,260 · end of year $114,079
-
18 · Grants payable
beginning of year $21,525 · end of year $22,886
-
27 · Net assets without donor restrictions
beginning of year $1,719,690 · end of year $2,076,684
-
28 · Net assets with donor restrictions
beginning of year $15,321,845 · end of year $16,359,552
Mission and programs · 2024
Mission
THE MISSION OF THE ALUMNI FOUNDATION IS TO SUPPORT BROOKLYN TECHNICAL HIGH SCHOOL'S CONTINUED EDUCATIONAL EXCELLENCE AND NATIONAL LEADERSHIP AS A SPECIALIZED HIGH SCHOOL IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) BASED EDUCATION. THE FOUNDATION SEEKS TO ENGAGE ALL TECH ALUMNI AND SUPPORTERS IN PROVIDING INTELLECTUAL AND FINANCIAL RESOURCES TO ENSURE THE DEVELOPMENT OF THE NEXT GENERATION OF FUTURE LEADERS. WE SUPPORT CURRICULUM AND FACILITIES ENHANCEMENTS, FACULTY SUPPORT AND DEVELOPMENT AND TRANSFORMATIONAL LEARNING EXPERIENCES FOR STUDENTS. WE RECONNECT AND ENGAGE ALUMNI TO SUPPORT OUR EDUCATIONAL PROGRAMS AND CREATE AND SUSTAIN PARTNERSHIPS WITH CORPORATIONS, UNIVERSITIES AND INDUSTRY TO BENEFIT BROOKLYN TECH. WE CELEBRATE OUR HISTORY AND STRATEGICALLY PARTNER WITH BROOKLYN TECH TO SUSTAIN OUR LEGACY OF EXCELLENCE.
Activities or mission (Part I)
THE MISSION OF THE ALUMNI FOUNDATION IS TO SUPPORT BROOKLYN TECHNICAL HIGH SCHOOL'S CONTINUED EDUCATIONAL EXCELLENCE AND NATIONAL LEADERSHIP AS A SPECIALIZED HIGH SCHOOL IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATHEMATICS (STEM) BASED EDUCATION. THE FOUNDATION SEEKS TO ENGAGE ALL TECH ALUMNI AND SUPPORTERS IN PROVIDING INTELLECTUAL AND FINANCIAL RESOURCES TO ENSURE THE DEVELOPMENT OF THE NEXT GENERATION OF FUTURE LEADERS.
-
1. JEFFREY M. HAITKIN '62 FACULTY GRANTS PROGRAM PROVIDING OVER $3 MILLION IN MORE THAN 1,200 GRANTS SINCE ITS INCEPTION, IN SUPPORT OF INNOVATIVE INSTRUCTION, SPECIALIZED TRAINING, PROFESSIONAL DEVELOPMENT, AND ENHANCED EDUCATIONAL EXPERIENCES. THE PROGRAM IS A PARTNERSHIP WITH THE SCHOOL ADMINISTRATION AND THE PARENT ASSOCIATION. 93 APPLICATIONS WERE RECEIVED, AND 75 GRANTS TOTALING $158,450 WERE DISBURSED IN FY25. FUNDING SOURCES INCLUDE TEMPORARY AND PERMANENTLY RESTRICTED FUNDS.2. THE BROOKLYN TECH FUTURE WORLD VISION STEM PATHWAYS CONSORTIUM A GROUND-BREAKING INITIATIVE PAIRING BROOKLYN TECH WITH SEVEN BROOKLYN MIDDLE SCHOOLS TO UTILIZE THE AMERICAN SOCIETY OF CIVIL ENGINEERS' FUTURE WORLD VISION PROJECT TO INSPIRE STUDENTS TO PURSUE A STEM EDUCATION AND RELATED CAREERS. EACH OF THE MIDDLE SCHOOLS HAS A STEM CHAMPION TEACHER AND AN ALGEBRA INITIATIVE TEACHER WHO WORK WITH BROOKLYN TECH STEM LEADER TEACHERS AND A MATH COACH. THE TOTAL POPULATION OF THE CONSORTIUM SCHOOLS IS 2,310 STUDENTS WITH AT LEAST 70% OF EACH MIDDLE SCHOOL'S POPULATION BEING AFRICAN AMERICAN OR HISPANIC/LATINX. AN ANNUAL DECEMBER CONSORTIUM MEETING AT BTHS IS HELD TO BRING TOGETHER STUDENTS, PARENTS AND FACULTY FROM EACH MIDDLE SCHOOL. 310 BROOKLYN TECH STUDENTS AND 15 BROOKLYN TECH FACULTY PARTICIPATE AS HOSTS AND LEADERS. THE PROGRAM CONSISTS OF AN OPENING SESSION, TOURS FOR STUDENTS AND PARENTS, A PARENT SESSION, STEM ACADEMY WORKSHOPS, AND A CLOSING SESSION. AN ANNUAL MAY CONSORTIUM CONFERENCE AT BTHS TO LOOK BACK AT THE YEAR, SHARE STUDENT WORK AND LOOK TO THE NEXT YEAR. THE OPENING SESSION INCLUDES A WELCOME FROM A LEADER OF THE AMERICAN SOCIETY OF CIVIL ENGINEERS. SHSAT PREP - EACH SCHOOL IS ENCOURAGED TO OFFER AN SHSAT PREP COURSE. DURING FY2025 THE ALUMNI FOUNDATION SPONSORED AN SHSAT PREP SCHOLARSHIP PROGRAM ATTENDED BY 33 STUDENTS FROM THE CONSORTIUM MIDDLE SCHOOLS. ADDITIONALLY, A MATH COMPETITION TOOK PLACE AT BROOKLYN TECH AND 75 MIDDLE SCHOOL STUDENTS ATTENDED. 3. LEANDRO RIZZUTO '56 INTERNSHIP PROGRAMS PROVIDING INTERNSHIP AND VOLUNTEER OPPORTUNITIES TO HUNDREDS OF STUDENTS EACH YEAR. WE WORK WITH THE SCHOOL WORK BASED LEARNING DIRECTOR TO HELP PROVIDE OVER 300 INTERNSHIP EXPERIENCES ANNUALLY. OUR BROOKLYN TECH/ CON EDISON INTERNSHIP PROGRAM IS A MODEL. IT PROVIDES A COHORT OF BROOKLYN TECH RISING SENIORS AN EXCEPTIONAL SUMMER INTERNSHIP EXPERIENCE. LAST SUMMER, 12 INTERNS PARTICIPATED IN THE PROGRAM. 4. ANNUAL ENGINEERS' WEEK: WEEK OF EVENTS CENTERED ON ENGINEERING AND INVOLVES PROFESSIONALS AND ALUMNI. THIS PROGRAM IS POSSIBLE THROUGH OUR PARTNERSHIP WITH BROOKLYN TECH'S CHAPTER OF THE NATIONAL SOCIETY OF BLACK ENGINEERS (NSBE).5. MATERIALS TESTING LAB: WE HAVE REPURPOSED AN OLD SHOP INTO A STATE-OF-THE-ART MATERIAL TESTING LAB TO BE USED MOSTLY BY THE CIVIL ENGINEERING STUDENTS. OTHER STUDENTS USING THE LAB WILL BE FROM ARCHITECTURE, PHYSICS AND INDUSTRIAL DESIGN. FURNITURE WAS INSTALLED AND WE HAVE NOW BEGUN TO ADD STATE-OF-THE-ART TESTING EQUIPMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS. A UNIVERSAL TESTING MACHINE HAS BEEN ADDED TO THE LAB AND THIS LAB IS IN CURRENT USE. 6. URBAN LAND INSTITUTE: PROVIDE INNOVATIVE PROJECTS FOR ECONOMICS CLASSES TO CREATE AN UNDERSTANDING OF URBAN DEVELOPMENT.7. THE THOMAS VOLPE '53 URBANGLASS INITIATIVE OFFERS BROOKLYN TECH STUDENTS MAJORING IN INDUSTRIAL DESIGN A 9-WEEK COURSE OF PRACTICAL HANDS-ON EXPERIENCE OF THE MANY DIFFERENT TECHNIQUES USING GLASS AS A DESIGN MEDIUM. CONCEIVED BY ALUMNUS THOMAS VOLPE '53, THE PROGRAM COMBINES THE TECHNOLOGY OF TECH WITH THE CREATIVITY OF BROOKLYN-BASED GLASS CENTER URBANGLASS, JUST A FEW BLOCKS AWAY FROM 29 FORT GREENE PLACE. A POSSIBLE THIRD COLLABORATION WITH NEARBY ST. FRANCIS COLLEGE'S ENTREPRENEURSHIP PROGRAM IS BEING CONSIDERED, INTRODUCING MARKETING AND BUSINESS ELEMENTS TO THE PROGRAM. 153 STUDENTS PARTICIPATED IN FY25.SCHOLARSHIPS/AWARDS: 55 SCHOLARSHIPS/SENIOR AWARDS TOTALING $98,000 WERE DISBURSED TO STUDENTS FOR FYE 6/30/2025.
Expenses $614,589 · Grants $256,450 · Revenue $7,937
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ALUMNI ENGAGEMENT PROGRAM: THIS PROGRAM FOSTERS TIES WITH ITS ALUMNI TO SUPPORT EDUCATIONAL PROGRAMS TO INCLUDE THE FOLLOWING:HOMECOMING: AN ANNUAL EVENT THAT HIGHLIGHTS BROOKLYN TECH'S EDUCATIONAL PROGRAMS. IT INVOLVES APPROXIMATELY 500 STUDENTS AS WELL AS CURRENT AND RETIRED FACULTY. CAREER DAY: BROUGHT APPROXIMATELY 100 ALUMNI TO THE SCHOOL TO SPEAK TO A RANGE OF CLASSES CONCENTRATED IN THE 18 MAJOR AREAS. ADDITIONALLY A PANEL DISCUSSION WAS HELD AFTER SCHOOL. OVER 5000 STUDENTS BENEFIT FROM CAREER DAY; AS A RESULT OF THIS DAY, THERE ARE ALUMNI WHO HELP ESTABLISH INTERNSHIPS FOR STUDENTS AND VISITATION OPPORTUNITIES FOR FACULTY. THE IKE HELLER '43 CENTER FOR COMPUTER INTEGRATED MANUFACTURING AND ROBOTICS: A STATE-OF-THE ART FACILITY FOR STUDENT LEARNING, PROFESSIONAL DEVELOPMENT AND CAREER PREPARATION. THE CENTER HAS UNDERGONE A NUMBER OF ITERATIONS TO MAKE CUTTING EDGE TECHNOLOGY AVAILABLE TO BOTH STUDENTS AND TEACHERS. IT PROVIDES STUDENTS AND FACULTY WITH A HIGH TECH, LEARNING ENVIRONMENT THAT MEETS UNIVERSITY AND INDUSTRY STANDARDS. IN THE CENTER, STUDENTS IN THE ELECTRICAL ENGINEERING, MECHATRONICS, AND ROBOTICS CLASSES CONVERT COMPUTER-ASSISTED DESIGNS INTO THREE-DIMENSIONAL PROTOTYPES USING 3D PRINTERS AND UTILIZE CNC MACHINES TO MANUFACTURE THE PARTS.RECENT ALUMNI DAY: ALUMNI WHO HAVE GRADUATED DURING THE LAST FIVE YEARS, COME BACK TO TECH TO MEET WITH CLASSES. THEY DISCUSS COLLEGE LIFE, CAREER PATHWAYS AND OTHER POST-SECONDARY OPPORTUNITIES. THEY ALSO DISCUSS HOW TECH PREPARED THEM FOR COLLEGE. THE PROGRAM ATTENDED BY CLOSE TO 300 ALUMNI.
Expenses $431,887
-
THE WESTON RESEARCH SCHOLARS PROGRAM (WRSP): THIS PROGRAM IS DESIGNED TO PROVIDE STUDENTS WITH A THREE-YEAR OPPORTUNITY TO PARTICIPATE IN THE CREATION OF RESEARCH PROJECTS. THE WRSP BUILDS ON BROOKLYN TECH'S STRONG STEM-BASED CURRICULUM, THE EXCEPTIONAL TALENTS OF BROOKLYN TECH FACULTY AND STUDENTS, AND THE TREMENDOUS RESEARCH OPPORTUNITIES AT NYC COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES. THE PROGRAM IS UNIQUE IN ITS STRUCTURE, INCORPORATING AN INTERNAL MENTOR MODEL CONSISTING OF BROOKLYN TECH TEACHERS WITH RESEARCH EXPERIENCE, STUDENT RESEARCH TEAMS, ONGOING ACTIVITIES THROUGH THE ACADEMIC YEAR AND SUMMER, AND EXTERNAL MENTORS AT MULTIPLE COLLEGES, UNIVERSITIES AND RESEARCH FACILITIES. THE STUDENTS WHO PARTICIPATE IN THIS PROGRAM DEVELOP PROJECTS THAT ARE WORTHY OF SUBMISSION TO THE REGENERON SCIENCE TALENT SEARCH, REGENERON SCIENCE AND ENGINEERING FAIR, THE GOOGLE SCIENCE FAIR, ACT-SO. APPROXIMATELY 112 STUDENTS ARE ENROLLED WITH FIVE TEACHERS SERVING AS MENTORS.
Expenses $238,285
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Denice Clarke WareDENICE CLARKE WARE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Anthony P SchirripaANTHONY P SCHIRRIPA
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
Bola OyedijoBOLA OYEDIJO
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
David LeeDAVID LEE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 4
-
James DibenedettoJAMES DIBENEDETTO
TREASURER
- Total calculated
- $0
- Hours/week
- 4
-
Penelope KokkinidesPENELOPE KOKKINIDES
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Ned SteeleNED STEELE
OUTGOING SECRETARY (10/2024)
- Total calculated
- $0
- Hours/week
- 4
-
Achilles PerryACHILLES PERRY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Amy KongAMY KONG
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Daniel D MillerDANIEL D MILLER
MEMBER
- Total calculated
- $0
- Hours/week
- 3
-
Deepti SharmaDEEPTI SHARMA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Edward LagrassaEDWARD LAGRASSA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Giselle WilliamsGISELLE WILLIAMS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Horace H DavisHORACE H DAVIS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
John AlbertJOHN ALBERT
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Lesleigh Irish-UnderwoodLESLEIGH IRISH-UNDERWOOD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Margaret MurphyMARGARET MURPHY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael WeissMICHAEL WEISS
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Tatia Mays RussellTATIA MAYS RUSSELL
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Tomas HernandezTOMAS HERNANDEZ
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Valmira PopinaraVALMIRA POPINARA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Wilton CedenoWILTON CEDENO
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Courtney UlrichCOURTNEY ULRICH
EXECUTIVE DIRECTOR
- Total calculated
- $177,402
- From this org
- $149,271
- From related orgs
- $0
- Other
- $28,131
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $149,271
- Bonus
- $0
- Other
- $0
- Deferred
- $3,734
- Nontaxable benefits
- $24,397
- Filer's total
- $177,402
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 3 March 2026
- IRS schema version
- 2024v5.5
- Source object
- 202630629349301508
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