Form 990 for tax year 2022
Filed by WESTCHESTER COMMUNITY COLLEGE FOUNDATION INC.
Totals
- Total revenue
- $8,440,443
- Total expenses
- $4,857,836
- Contributions and grants received
- $5,338,197
- Grants paid
- $3,730,284
- Program service revenue
- $0
- Investment income
- $2,780,295
- Other revenue
- $321,951
- Total assets, end of year
- $65,541,109
- Total liabilities, end of year
- $785,376
- Net assets or fund balances, end of year
- $64,755,733
- Program services expenses (Part IX)
- $4,314,799
- Management and general expenses
- $308,258
- Fundraising expenses
- $234,779
- Program service expenses (Part III)
- $4,314,799
Program services were 88.8% 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
$48,115
-
1e · Government grants (contributions)
$38,749
-
1f · All other contributions, gifts and grants
$5,251,333
-
1g · Noncash contributions included above
$44,069
-
3 · Investment income
total $1,355,027 · excluded $1,355,027
-
6a · Gross rents
real property $510,410
-
6b · Less rental expenses
real property $175,252
-
6c · Rental income or loss
real property $335,158
-
6d · Net rental income or loss
total $335,158 · excluded $335,158
-
7a · Gross sales of assets other than inventory
other assets $36,591,402
-
7b · Less cost or other basis and sales expenses
other assets $35,166,134
-
7c · Gain or loss
other assets $1,425,268
-
7d · Net gain or loss
total $1,425,268 · related or exempt $1,425,268
-
8a · Fundraising events: gross income
$9,905
-
8a · Fundraising events: contributions included on line 1c
$48,115
-
8b · Fundraising events: direct expenses
$23,112
-
8c · Net income from fundraising events
total -$13,207 · excluded -$13,207
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,091,996 · program services $1,091,996
-
2 · Grants to domestic individuals
total $2,638,288 · program services $2,638,288
-
5 · Compensation of officers, directors and key employees
total $179,433 · program services $136,369 · management and general $19,738 · fundraising $23,326
-
7 · Other salaries and wages
total $413,917 · program services $311,535 · management and general $48,546 · fundraising $53,836
-
8 · Pension plan contributions
total $28,079 · program services $9,118 · management and general $4,057 · fundraising $14,904
-
9 · Other employee benefits
total $20,362 · program services $8,063 · management and general $4,587 · fundraising $7,712
-
10 · Payroll taxes
total $48,929 · program services $19,374 · management and general $11,023 · fundraising $18,532
-
11c · Fees: accounting
total $23,604 · program services $817 · management and general $17,714 · fundraising $5,073
-
11f · Fees: investment management
total $118,119 · management and general $118,119
-
11g · Fees: other
total $122,421 · program services $28,954 · management and general $35,690 · fundraising $57,777
-
13 · Office expenses
total $18,304 · program services $7,645 · management and general $8,286 · fundraising $2,373
-
14 · Information technology
total $23,086 · program services $799 · management and general $17,325 · fundraising $4,962
-
19 · Conferences, conventions and meetings
total $14,230 · program services $14,230
-
22 · Depreciation, depletion and amortization
total $2,655 · program services $92 · management and general $1,992 · fundraising $571
-
23 · Insurance
total $17,694 · program services $612 · management and general $13,279 · fundraising $3,803
-
24a · Other expenses: ALUMNI ENRICHMENT
total $42,716 · program services $42,716
-
24b · Other expenses: DONOR RELATIONS
total $39,647 · fundraising $39,647
-
24c · Other expenses: ADMINISTRATIVE COSTS
total $10,530 · program services $365 · management and general $7,902 · fundraising $2,263
-
24e · All other expenses
total $3,826 · program services $3,826
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $6,350 · end of year $2,213
-
2 · Savings and temporary cash investments
beginning of year $7,676,547 · end of year $2,541,981
-
3 · Pledges and grants receivable
beginning of year $393,935 · end of year $137,132
-
4 · Accounts receivable
beginning of year $83,191 · end of year $547,392
-
9 · Prepaid expenses and deferred charges
beginning of year $28,053 · end of year $50,952
-
10a · Land, buildings and equipment: cost or other basis
$26,300
-
10b · Land, buildings and equipment: accumulated depreciation
$18,665
-
10c · Land, buildings and equipment, net
beginning of year $5,548 · end of year $7,635
-
11 · Investments: publicly traded securities
beginning of year $48,110,594 · end of year $14,604,766
-
12 · Investments: other securities
beginning of year $5,387,891 · end of year $39,015,857
-
15 · Other assets
beginning of year $0 · end of year $8,633,181
-
17 · Accounts payable and accrued expenses
beginning of year $1,572,779 · end of year $367,665
-
19 · Deferred revenue
beginning of year $226,118 · end of year $361,370
-
25 · Other liabilities
beginning of year $59,238 · end of year $56,341
-
27 · Net assets without donor restrictions
beginning of year $8,203,049 · end of year $9,309,495
-
28 · Net assets with donor restrictions
beginning of year $51,630,925 · end of year $55,446,238
Mission and programs · 2022
Mission
SEE SCHEDULE OTHE PURPOSES OF THE FOUNDATION SHALL BE TO AID AND ADVANCE THE MISSION OF WESTCHESTER COMMUNITY COLLEGE, A PUBLIC EDUCATIONAL INSTITUTION. RECOGNIZING THAT PUBLIC EDUCATION IS A PUBLIC RESPONSIBILITY, THE FOUNDATION SHALL HAVE AS ITS GOAL THE DEVELOPMENT OF VOLUNTARY AND SUPPLEMENTAL SUPPORT THAT SHALL STRENGTHEN AND ENRICH THE EDUCATIONAL LIFE AND ENVIRONMENT OF WESTCHESTER COMMUNITY COLLEGE.
Activities or mission (Part I)
SEE SCHEDULE OSCHOLARSHIP, FINANCIAL AND PROGRAMMATIC SUPPORT TO PROMOTE STUDENT SUCCESS IN COLLEGE AND BEYOND.
-
SCHOLARSHIPS AND AWARDS - SEE SCHEDULE OSCHOLARSHIPS AND AWARDS:SCHOLARSHIP FUNDING IS A VITAL PART OF THE FOUNDATION'S MISSION, LEVELING THE PLAYING FIELD BY MAKING SURE EDUCATION IS AVAILABLE TO ALL WHO SEEK IT. DESPITE THE COLLEGE'S BEST EFFORTS TO CONTAIN COSTS, EVEN WITH THE LOWEST TUITION IN OUR REGION, TUITION, FEES, TRANSPORTATION, AND EVEN SUSTENANCE ARE OBSTACLES FOR MANY STUDENTS WHO HAVE A PROFOUND AND COMPELLING NEED FOR ASSISTANCE. SCHOLARSHIPS HAVE A TRANSFORMATIONAL IMPACT, MOST OFTEN MAKING THE CRUCIAL DIFFERENCE BETWEEN MOVING AHEAD AND FALLING BEHIND. IN ADDITION TO IMPORTANT FINANCIAL BENEFITS, SCHOLARSHIPS BESTOW ON STUDENTS A VALUABLE SENSE OF RECOGNITION AND ACCOMPLISHMENT. SCHOLARSHIPS ARE AVAILABLE FOR INCOMING, CONTINUING AND GRADUATING STUDENTS; EMERGENCY AID ASSISTS STUDENT WITH FOOD INSECURITY, TRANSPORTATION, AND UNFORESEEN PREDICAMENTS. THIS PAST YEAR, GIFTS FROM INDIVIDUALS, FOUNDATIONS, AND CORPORATIONS ENABLED THE FOUNDATION TO DISTRIBUTE $2,602,630 MILLION IN SCHOLARSHIP AWARDS, WHICH INCLUDES $133,000 IN EMERGENCY GRANT FUNDING FOR STUDENTS FACING HOUSING, FOOD AND TRANSPORTATION INSECURITY AND $245,000 IN SUPPORT FOR THE COLLEGE'S VIRGINIA MARX CHILDREN'S CENTER, AN AWARD-WINNING EARLY CHILDHOOD EDUCATION PROGRAM.
Expenses $2,638,288 · Grants $2,638,288
-
COLLEGE INSTITUTIONAL ENRICHMENT - SEE SCHEDULE OCOLLEGE INSTITUTIONAL ENRICHMENT:IN DECEMBER 2022, THE FOUNDATION OFFICIALLY COMPLETED ITS PATHWAYS CAMPAIGN, A COMPREHENSIVE CAMPAIGN TO IMPROVE STUDENT OUTCOMES THROUGH PROGRAMS AND SERVICES DESIGNED TO INCREASE STUDENT READINESS, SUCCESS AND OVERALL SUPPORT. OVER THE COURSE OF NINE YEARS, THE WCC FOUNDATION RAISED CLOSE TO $60 MILLION, MUCH OF WHICH HELPED TO INITIATE AND IS CURRENTLY SUPPORTING THE FOLLOWING MAJOR INITIATIVES: THE HONORS COLLEGE THE CENTER FOR EXCELLENCE IN CYBERSECURITY THE VETERANS RESOURCE CENTER VIKING ROADS A COMPREHENSIVE HEALTH AND WELLNESS SUITEINITIATIVES IN FISCAL YEAR 2023 INCLUDED:*JPMORGAN CHASE FOUNDATION PROVIDED $200,000 (SECOND PART OF A $400,000/TWO-YEAR GRANT) TO DEVELOP SHORT-TERM WORKFORCE PROGRAMS AT THE COLLEGE'S YONKERS AND MOUNT VERNON EXTENSION CENTERS*NATIONAL COUNCIL FOR WORKFORCE EDUCATION PROVIDED $150,000 (SECOND YEAR OF A THREE-YEAR $450,000 GRANT TO SUPPORT FINANCIAL WELLNESS EDUCATION CAMPUS WIDE.*CENTER OF EXCELLENCE IN CYBERSECURITY COMPLETED THE CONSTRUCTION OF NEW LABS, CLASSROOMS, ADMINISTRATIVE SPACES IN PREPARATION FOR AN OFFICIAL OPENING IN FALL 2023*SIMULATED HOSPITAL LAB PROJECT RECEIVED APPROVAL TO BEGIN DESIGN AND CONSTRUCTION.*THE HONORS COLLEGE GRADUATED ITS FIFTH COHORT, WITH ONE STUDENT GETTING ACCEPTED TO YALE ON A FULL SCHOLARSHIP *VIKING ROADS CONTINUES TO INCREASE THE PERCENTAGE OF STUDENTS WHO ARE ENROLLED IN THIS PROGRAM, WHICH REMOVES IMPEDIMENTS TO GRADUATION BY PROVIDING TUITION SUPPORT, TRANSPORTATION FUNDING, BOOK STIPEND, AND MANDATORY COUNSELING.THE NATIVE PLANT CENTER TEACHES SUSTAINABLE GARDENING TO SUNY WCC STUDENTS AS WELL AS COMMUNITY-WIDE LEARNERS, WHICH INCLUDE HOME GARDENERS, LANDSCAPE PROFESSIONALS, MUNICIPAL PLANNERS, LAND MANAGERS, ENVIRONMENTAL/GARDENING GROUPS, AND INDIVIDUALS THROUGHOUT THE TRI-STATE AREA. FOUNDED IN 1998 AS THE FIRST AFFILIATE OF THE LADY BIRD JOHNSON WILDFLOWER CENTER IN AUSTIN, TEXAS, THE NATIVE PLANT CENTER PROVIDES RESOURCES FOR ENVIRONMENTAL STUDY; PRESENTS CLASSES ON SUSTAINABLE GARDENING NATIVE PLANT IDENTIFICATION, AND ECOLOGICAL PROCESSES; HOSTS LANDSCAPE CONFERENCES ON TIMELY ENVIRONMENTAL TOPICS (I.E. CLIMATE CHANGE, WILDLIFE HABITATS, SUSTAINABLE MAINTENANCE) THAT TARGET PROFESSIONAL AUDIENCES; PRESENTS TO LOCAL, REGIONAL, AND STATEWIDE COMMUNITY GROUPS; GIVES TOURS OF THE NATIVE PLANT CENTER TEACHING GARDENS; HOLDS AN ANNUAL SALE OF THOUSANDS OF NATIVE PLANTS; ENGAGES COMMUNITY INVOLVEMENT IN THE GARDENS THROUGH VOLUNTEER WORK DAYS; AND PARTNERS WITH OTHER ORGANIZATIONS AND GOVERNMENT AGENCIES TO PROMOTE AND TEACH ABOUT THE USE OF NATIVE PLANTS.
Expenses $1,676,511 · Grants $1,091,996
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
ALEIDA M FREDERICO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ALICE TENNEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
AMY ANSEHL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BARBARA A ABELES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BENJAMIN CHEEVER UNTIL 1123
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
BETTY COTTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
CORNELIA BESHAR SPRING
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
DAVID J BERRY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DEBORAH RAIZES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DOUG GREENE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DR JEREMY KOHOMBAN UNTIL 0623
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
EDWARD L CONWAY UNTIL 1222
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ELYSE KLAYMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
EVELYN STOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GEORGE E AUSTIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
GEORGE LINDSAY
SECRETARY
- Total calculated
- $0
- Hours/week
- 3
-
HELEN T WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HONORABLE ANNE JANIAK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HONORABLE CECILE D SINGER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
HONORABLE GEORGE LATIMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JAMES W COBB UNTIL 0423
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JENNIFER GRUENBERG
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
JOANNE LANDAU
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 3
-
JOHN A DECICCO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOHN W PRIESING
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOSHUA H STRAUSS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
JOYCE A HIRSCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
KATHERINE STIPICEVIC
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LINDA MOSER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LISA M DENIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
LUCILLE S WERLINICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MATTHEW G MCCROSSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
MERYL A ALLISON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PATRICIA LUNKA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PETER HERRERO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
PHILIP J MCGRATH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD MARTINELLI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
RICHARD SHEARER UNTIL 1122
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
ROBERT CORDERO
TREASURER
- Total calculated
- $0
- Hours/week
- 3
-
RUTH SUZMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SANI WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHARON FARMAN COOPER ESQ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SHIRLEY PHILLIPS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
STEPHEN LOWEY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SUSAN ELION WOLLIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
SUSAN YUBAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
THOMAS T LEE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 3
-
WENDY NADAL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
WILSON KIMBALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
YVONNE POLLACK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
DOLORES SWIRIN-YAO
EXECUTIVE DIRECTOR
- Total calculated
- $191,018
- From this org
- $0
- From related orgs
- $176,408
- Other
- $14,610
- Hours/week
- 17.5 + 17.5 related
Schedule J breakdown matched by us
- Base
- $0 + $176,408 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $14,610 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $191,018 related
-
JEFF GOLDBERG
CFO
- Total calculated
- $177,647
- From this org
- $164,663
- From related orgs
- $0
- Other
- $12,984
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $152,663
- Bonus
- $0
- Other
- $12,000
- Deferred
- $12,984
- Nontaxable benefits
- $0
- Filer's total
- $177,647
-
CAROL CAPOBIANCO
DIRECTOR, NATIVE PLANT CENTER
- Total calculated
- $114,908
- From this org
- $0
- From related orgs
- $103,790
- Other
- $11,118
- Hours/week
- 35
-
ILENE LIEBERMAN
DIR. OF ANNUAL GIVING
- Total calculated
- $167,168
- From this org
- $0
- From related orgs
- $154,594
- Other
- $12,574
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $0 + $152,054 related
- Bonus
- $0
- Other
- $0 + $2,540 related
- Deferred
- $0 + $12,574 related
- Nontaxable benefits
- $0
- Filer's total
- $0 + $167,168 related
-
JESSICA DENARO UNTIL 0223
DIR. OF ANNUAL GIVING
- Total calculated
- $113,616
- From this org
- $0
- From related orgs
- $104,888
- Other
- $8,728
- Hours/week
- 35
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 · Compensation committee
- 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
The filer's explanations (Part III)
- PART I, LINE 3
- SEE SCHEDULE O EXPLANATION FOR FORM 990, PART VI, SECTION B, LINE 15.
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
-
$1,087,820
TO SUPPORT THE COLLEGE INSTITUTOIONAL ENRICHMENT PROGRAMS.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
EDUCATIONAL · NY
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
RENTAL INCOME · RENTAL PROPERTY · NY · 60% owned · share of income $233,889 · share of assets $4,467,349
Directly controlled by WESTCHESTER COMMUNITY COLLEGE FOUNDATION INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 11 July 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441939349300829
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.