EIN 23-7039817

The Baruch College Fund

IRS 501(c) type
501(c)(3)
Num. employees
536
Year formed
1969
Most recent tax filings
2022-06-01
Description
The Baruch College Fund supports scholarships, awards, and grants for educational purposes at Bernard M. Baruch College of the City University of New York.
Total revenues
$26,760,125
2022
Total expenses
$16,882,469
2022
Total assets
$268,376,266
2022
Num. employees
536
2022

Program areas at The Baruch College Fund

The Fund supports activities through scholarships and awards and grants to The bernard m. Baruch College of The city university of new york ("The College") for various educational purposes such as The support of The College's theater, publications, faculty, art gallery, and student services. Student services include activities such as The starr career development center, The schwartz communication institute, and The weissman center for international business, which service The entire student body. In addition to scholarships, awards, and grants, The Fund pays expenses, including certain compensation supplements, on behalf of The College to enable it to attract and retain The best talent to carry out its educational mission.
Either directly or indirectly (through bcf funds transferred to The city university of new york to reduce student tuition obligations), The bcf provided $3.9 million in scholarships and awards to 1,651 students in fy 2022. All scholarship and awards recipients are selected by The College and approved for award based on individual scholarship and award Fund criteria. Awards to 504 students include, but are not limited to funds distributed for study abroad programs, awards to recognize academic achievement and emergency funds distributed based on need due to hardship. See schedule i for additional details.

Who funds The Baruch College Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Central Indiana Community Foundation (CICF)Invest in Our Student Campaign$260,000
The Bank of America Charitable FoundationProgram/operating Support$250,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$248,500
...and 93 more grants received totalling $3,584,274

Personnel at The Baruch College Fund

NameTitleCompensation
Mike RichichiInterim Vice President of Information Services and Cio
Alaina GilligoVice President for Operations and Administration
Katharine T. CobbVice President for Administration and Finance$0
Wendy SteinbergVice President for Communications, Marketing, and Public Affairs
Arthur DowningVice President for Information Services and Dean of the Library
...and 12 more key personnel

Financials for The Baruch College Fund

RevenuesFYE 06/2022
Total grants, contributions, etc.$10,878,439
Program services$0
Investment income and dividends$2,437,412
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$13,446,293
Net income from fundraising events$-2,019
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$26,760,125

Form 990s for The Baruch College Fund

Fiscal year endingDate received by IRSFormPDF link
2022-062023-04-11990View PDF
2021-062022-04-19990View PDF
2020-062021-05-05990View PDF
2019-062021-01-21990View PDF
2018-062019-06-19990View PDF
...and 8 more Form 990s
Data update history
May 18, 2024
Received grants
Identified 2 new grant, including a grant for $124,334 from Jewish Communal Fund
January 24, 2024
Updated personnel
Identified 5 new personnel
January 3, 2024
Received grants
Identified 30 new grant, including a grant for $260,000 from Central Indiana Community Foundation (CICF)
October 24, 2023
Received grants
Identified 8 new grant, including a grant for $150,000 from Mills Tannenbaum Foundation
August 9, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Provides grantsFundraising eventsOperates internationallyNational levelEndowed supportProvides scholarshipsGala fundraisersTax deductible donations
General information
Address
1 Bernard Baruch Way
New York, NY 10010
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
baruch.cuny.edu/ 
Phone
(646) 660-6668
IRS details
EIN
23-7039817
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B80: Student Services and Organizations of Students
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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