The City University Of New York School Of Law Foundation Inc is located in Long Island City, NY. The organization was established in 1995. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. City University Of New York School Of Law Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, City University Of New York School Of Law Foundation Inc generated $3.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $1.6m during the year ending 06/2023. While expenses have increased by 0.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT THE EDUCATIONAL NEEDS OF CUNY LAW SCHOOL
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COST OF A LAW SCHOOL EDUCATION IS A MATTER OF GREAT CONCERN FOR THOSE ATTENDING CUNY LAW. THE MAJORITY OF THOSE ADMITTED ARE IN NEED OF FINANCIAL SUPPORT WITH A STUDENT BODY THAT IS LOW-INCOME, FIRST-GENERATION, NON-TRADITIONAL, AND MORE THAN 50% PEOPLE OF COLOR. WHILE TUITION AND FEES POSITION CUNY LAW AS ONE OF THE MOST AFFORDABLE PROFESSIONAL EDUCATION PROGRAMS IN THE NATION, IT HAS HAD LIMITED FUNDS AND NEEDS TO INCREASE FUNDING AVAILABLE TO AWARD SCHOLARSHIPS, PUBLIC INTEREST SUMMER GRANTS, AND GRANTS TO SUPPORT STUDENTS WHEN THEY ARE STUDYING FOR THE BAR EXAM.
WITH A FACULTY OF SOCIAL JUSTICE PRACTITIONERS AND A 3RD RANKED CLINICAL PROGRAM IN THE NATION (US NEWS & WORLD REPORT), GRANTS ARE INVESTED TO ADVANCE: COMMUNITY AND ECONOMIC JUSTICE, HUMAN RIGHTS AND GENDER JUSTICE, AND IMMIGRATION AND NON-CITIZEN RIGHTS. SINCE 2009, CREATING LAW ENFORCEMENT ACCOUNTABILITY & RESPONSIBILITY (CLEAR) HAS OFFERED FREE LEGAL REPRESENTATION AND CONSULTATION, KNOW-YOUR-RIGHTS WORKSHOPS, AND SUPPORT FOR COMMUNITY ORGANIZING FOCUSED ON MUSLIM, ARAB, SOUTH ASIAN, AND OTHER COMMUNITIES IN NEW YORK CITY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Denise A Holzka Chair | OfficerTrustee | 0.5 | $0 |
Muhammad U Faridi Vice-Chair | OfficerTrustee | 0.5 | $0 |
Jorge F Gomez Vice-Chair | OfficerTrustee | 0.5 | $0 |
Anthony P Gentile Treasurer | OfficerTrustee | 0.5 | $0 |
Shyka Scotland Vice-Treasurer | OfficerTrustee | 0.5 | $0 |
Randy Yang Secretary | OfficerTrustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $320,470 |
All other contributions, gifts, grants, and similar amounts not included above | $3,312,844 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,633,314 |
Total Program Service Revenue | $0 |
Investment income | $111,047 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $48,522 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,792,883 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $642,594 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $382,844 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $184,339 |
Fees for services: Management | $0 |
Fees for services: Legal | $17,860 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $25,200 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $28,860 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $6,807 |
All other expenses | $0 |
Total functional expenses | $1,626,423 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $292,012 |
Savings and temporary cash investments | $2,971,125 |
Pledges and grants receivable | $2,191,677 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $4,330 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $5,252,788 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $10,711,932 |
Accounts payable and accrued expenses | $140,196 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $140,196 |
Net assets without donor restrictions | $608,684 |
Net assets with donor restrictions | $9,963,052 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $10,711,932 |