Queens College Foundation INC

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $2,500 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

501(c)(3) charity; gifts are tax-deductible.
74¢ of each $1 spent went to programs.
Run by 51 volunteers.
Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $6.1M a year · 36% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
74%
of spending
74% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$154K
to officers and key staff · 1% of spending
Pay to officers and key staff is 1% of spending.
Part VII, Section A
2.1 mo
of spending, in cash
Plus $108.0M in investments, Pt X · Ln 11–13
2.1 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $156K
6 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$1.0M
0.8% of total assets
Liabilities are 0.8% of assets.
Pt X · Ln 26
Independent board members
31
of 32 voting members
31 of 32 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$22.8M
+5% vs prior year
Spent
$14.0M
To programs
74%
Net assets
$124.1M
By yearFY2020–FY2025
Revenue
$22.8M
FY2025▲ +5%
Tap a bar for its year
Revenue by fiscal year
FY2020$12.0M
FY2021$14.0M
FY2022$18.0M
FY2023$12.5M
FY2024$21.7M
FY2025$22.8M
Expenses
$14.0M
FY2025▲ +20%
Tap a bar for its year
Expenses by fiscal year
FY2020$9.6M
FY2021$9.5M
FY2022$9.2M
FY2023$10.8M
FY2024$11.7M
FY2025$14.0M
Net assets
$124.1M
FY2025▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$85.0M
FY2021$102.6M
FY2022$95.6M
FY2023$102.2M
FY2024$112.4M
FY2025$124.1M

From the FY2025 Form 990 (year ending June 2025) · figures checked against the IRS filing · see the original

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1967.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

74 cents of each dollar spent went to programs.

Program services 74% · $10.3M Management & general 20% · $2.8M Fundraising 7% · $919K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

34 people listed on the 990; $154K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$153,918Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Trustee
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 1 named individual · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Maureen Giannotti$153,918$151,893$149,551$144,680$142,177$145,360

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Queens College Foundation INC executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Raises and manages funds to support Queens College students, faculty, and educational programs through scholarships, research, and special projects.

Questions for Queens College Foundation INC

Tap to ask. Queens College Foundation INC sees how many people are interested.

Your first name shows with your question. Queens College Foundation INC answers here, for everyone.

1 program · $10.3M · in their own filed words · FY2024
01

Queens college foundation was founded in 1980 for the purpose of developing and increasing resources at queens college to provide more extensive educational opportunities to students and services to faculty.

Form 990 Part III, line 4, FY2024. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 11-6080521) · Dispute this line
$10.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
See all 6 funders →
Grants paid · 10 grants · $20.4M · 2019–2024
Unitemized GrantFY2024$3,702,153
Queens College CUNYFY2023$178,816
Unitemized GrantFY2022$4,002,168
Queens College CUNYFY2022$396,679
Unitemized GrantFY2021$3,072,997
Queens College CUNYFY2021$532,440
Unitemized GrantFY2020$3,865,769
Queens College CUNYFY2020$866,882
Unitemized GrantFY2019$2,781,011
Queens College CUNYFY2019$1,036,056

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$22.8M
Ln 12
Gifts and grantsLn 1h$17.5M
Investment incomeLn 3$3.4M
Other incomeLn 4–11$1.9M
Money outPt IX
$14.0M
Ln 25
Programscol B$10.3M
Managementcol C$2.8M
Fundraisingcol D$919K
Owns and owesPt X
$124.1M
net assets · Ln 32
Cash and savingsLn 1–2$2.4M
Total assetsLn 16$125.2M
LiabilitiesLn 26$1.0M
PeoplePt VI, VII
34
listed · VII A
PaidVII A1
Voting boardVI 1a32
IndependentVI 1b31
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$17.5M
Government grantsLn 1e$346K
Noncash giftsLn 1g$268K
Fundraising eventsLn 1c$781K
Investment incomeLn 3$3.4M
Other incomeLn 4–11$1.9M
Gains on assetsLn 7$2.0M
Total revenueLn 12$22.8M
Assets in detailPt X, end of year
CashLn 1$1.4M
SavingsLn 2$981K
Cash and savings togetherLn 1–2$2.4M
Pledges and grants receivableLn 3$12.0M
Accounts receivableLn 4$63K
Prepaid expenses and deferred chargesLn 9$1.4M
InvestmentsLn 11–13$108.0M
Other assetsLn 15$1.3M
Total assetsLn 16$125.2M
LiabilitiesLn 26$1.0M
Net assetsLn 32$124.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 651
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$268K
EndowmentSch D · Pt V
LineFY25FY24FY23FY22FY21
End of yearLn 1g$74.1M$63.2M$62.4M$57.9M$62.3M
AddedLn 1b$7.3M$2.1M$1.6M$4.2M$1.7M
SpentLn 1d–1f$3.0M$3.1M$2.1M$2.0M$839K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$1.7M$2.4M
InvestmentsLn 11–13$97.3M$108.0M
Total assetsLn 16$113.4M$125.2M
LiabilitiesLn 26$952K$1.0M
Net assetsLn 32$112.4M$124.1M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$3.7M$3.7M
Other salaries and wagesLn 7$2.5M$457K$1.4M$586K
Other employee benefitsLn 9$744K$118K$429K$197K
Payroll taxesLn 10$276K$44K$159K$73K
Legal feesLn 11b$75K$75K
Accounting feesLn 11c$54K$54K
Other fees for servicesLn 11g$2.8M$2.4M$398K
Advertising and promotionLn 12$246K$246K
Office expensesLn 13$848K$617K$180K$51K
OccupancyLn 16$126K$121K$5K
TravelLn 17$296K$277K$15K$3K
Conferences, conventions and meetingsLn 19$369K$310K$51K$8K
InsuranceLn 23$45K$10K$35K
Other expenses (24a–d)Ln 24$1.9M$1.9M
All other expensesLn 24e$54K$52K$2K
Total functional expensesLn 25$14.0M$10.3M$2.8M$919K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS May 14, 2026 $22.8M$14.0M$8.8M$124.1M 990 PDF
FY2024Filed with the IRS May 13, 2025 $21.7M$11.7M$10.0M$112.4M 990 PDF
FY2023Filed with the IRS Apr 19, 2024 $12.5M$10.8M$1.7M$102.2M 990 PDF
FY2022Filed with the IRS May 5, 2023 $18.0M$9.2M$8.9M$95.6M 990 PDF
FY2021Filed with the IRS Apr 29, 2022 $14.0M$9.5M$4.5M$102.6M 990 PDF
FY2020Filed with the IRS May 11, 2021 $12.0M$9.6M$2.4M$85.0M 990 PDF

Schedules filed Part IV

A · Public support B · Donors D · Assets and endowments G · Fundraising I · Grants J · Pay M · Noncash O · Explanations R · Related orgs
See the full FY2025 990
Part I · Summary $22,833,332 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $10,219,164$17,526,256
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $11,462,225$5,401,341
I-11 Other revenuePrior year −$27,983−$94,265
I-12 Total revenuePrior year $21,653,406$22,833,332
I-13 Grants and similar amounts paidPrior year $3,493,541$3,702,153
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,944,785$3,496,774
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $5,224,157$6,811,243
I-18 Total expensesPrior year $11,662,483$14,010,170
I-19 Revenue less expensesPrior year $9,990,923$8,823,162
Part VI · Governance 31 of 32 board members independent, 1 to look at
VI-1a Voting members of the governing body32
VI-1b Independent voting members31
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $22,833,332 across 10 lines filed
VIII-1c Fundraising events$781,395
VIII-1e Government grants$345,995
VIII-1f All other contributions, gifts and grants$16,398,866
VIII-1g Noncash contributions (included above)$267,728
VIII-1h Total contributions, gifts and grants$17,526,256
VIII-3 Investment incomeExcluded from tax $3,444,033$3,444,033
VIII-7 Net gain or loss on sales of assetsExcluded from tax $1,957,308$1,957,308
VIII-8 Net income from fundraising eventsExcluded from tax −$144,697−$144,697
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $50,432$50,432
VIII-12 Total revenueRelated to mission $50,432 · Unrelated business $0 · Excluded from tax $5,256,644$22,833,332
Part IX · Statement of functional expenses $14,010,170 across 15 lines filed
IX-2 Grants to domestic individualsPrograms $3,702,153$3,702,153
IX-7 Other salaries and wagesPrograms $457,306 · Management $1,434,355 · Fundraising $585,768$2,477,429
IX-9 Other employee benefitsPrograms $118,128 · Management $428,642 · Fundraising $197,075$743,845
IX-10 Payroll taxesPrograms $43,751 · Management $158,758 · Fundraising $72,991$275,500
IX-11b Legal feesPrograms $75,362$75,362
IX-11c Accounting feesManagement $53,500$53,500
IX-11g Other fees for servicesPrograms $2,427,761 · Management $397,540$2,825,301
IX-12 Advertising and promotionPrograms $245,724$245,724
IX-13 Office expensesPrograms $617,249 · Management $180,120 · Fundraising $50,738$848,107
IX-16 OccupancyPrograms $121,269 · Management $4,941$126,210
IX-17 TravelPrograms $276,995 · Management $15,226 · Fundraising $3,329$295,550
IX-19 Conferences, conventions and meetingsPrograms $310,028 · Management $51,415 · Fundraising $7,772$369,215
IX-23 InsurancePrograms $10,021 · Management $35,152$45,173
IX-24 Other expenses (24a–d)Programs $1,873,297$1,873,297
IX-24e All other expensesPrograms $51,984 · Fundraising $1,820$53,804
IX-25 Total functional expensesPrograms $10,331,028 · Management $2,759,649 · Fundraising $919,493$14,010,170
Part X · Balance sheet $125,163,344 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $1,086,330$1,417,602
X-2 Savings and temporary cash investmentsStart of year $631,446$981,182
X-3 Pledges and grants receivableStart of year $7,834,657$11,959,579
X-4 Accounts receivableStart of year $62,926$62,926
X-9 Prepaid expenses and deferred chargesStart of year $1,596,993$1,422,995
X-11 Publicly traded securitiesStart of year $97,300,724$108,035,984
X-12 Other securities$8,000
X-15 Other assetsStart of year $4,869,766$1,275,076
X-16 Total assetsStart of year $113,382,842$125,163,344
X-17 Accounts payable and accrued expensesStart of year $951,760$1,032,040
X-26 Total liabilitiesStart of year $951,760$1,032,040
X-27 Net assets without donor restrictionsStart of year $21,506,163$20,130,388
X-28 Net assets with donor restrictionsStart of year $90,924,919$104,000,916
X-32 Total net assets or fund balancesStart of year $112,431,082$124,131,304
X-33 Total liabilities and net assetsStart of year $113,382,842$125,163,344
Part XI · Reconciliation of net assets $124,131,304 net assets at year end
XI-1 Total revenue$22,833,332
XI-2 Total expenses$14,010,170
XI-3 Revenue less expenses$8,823,162
XI-4 Net assets at start of year$112,431,082
XI-5 Net unrealized gains (losses) on investments$6,582,785
XI-9 Other changes in net assets−$3,705,725
XI-10 Net assets at end of year$124,131,304

Form 990 e-file FY2025 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

The names, titles, and financial information shown on this page are reproduced from IRS Form 990 filings, which are public records. More

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown. A filing can only be corrected by the organization filing an amended return with the IRS; the corrected information appears here at our next update.

We publish only information contained in the public IRS filing, and less than the filing contains. Our pages do not display home addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, contact the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.