NonprofitsHanyc Foundation Inc

Public Safety, Disaster Preparedness & Relief

Hanyc Foundation Inc

NEW YORK, NY

Total revenue

$2.1M

Total expenses

$973K

Net assets

$2.3M

Grants received

$33K

6 grants

EIN

833283722

Tax year

2024

Mission

The Foundation focuses on three areas:1.Education, by providing scholarships to students who will pursue an associate's or bachelor's degree program in Hospitality2. Crisis relief, by providing short-term hotel stays to individuals experiencing unexpected hardships and3. Efforts to combat Human Trafficking, by providing training to the hotel industry. This will include partnering with individuals and other organizations in order to provide an overview of sex and labor trafficking and their impact on the hotel industry, to discuss common indicators of human trafficking and case examples, to give action steps on how to respond to and prevent human trafficking.The Foundation will organize fundraising events such as an annual Golf Outing and an annual Red Carpet Hospitality Gala, where all proceeds beyond expenses will go directly to the Foundation. We will also organize educational and similar seminars focused on our efforts related to Human Trafficking.

Programs

2 programs

Scholarships granted - The Foundation provides scholarships for students pursuing an associates or bachelorsdegree in hotel management, human trafficking training for Association members and their staff and hotel stays to individuals and families during unanticipated hardship and crisis.

Expenses: $26KGrants: $26K

Community assistance - contrbutions to charitable organizations whose missions align with that of hanyc foundation, inc.

Expenses: $23KGrants: $23K

Financials

FY 2024

Revenue

Contributions & grants$70K
Program service revenue$1.9M
Investment income$72K
Other revenue$50K
Total revenue$2.1M

Expenses

Grants paid$49K
Salaries & benefits$362K
Fundraising
Other expenses$562K
Total expenses$973K
Total assets$12.2M
Net assets$2.3M

People

14 listed

NameRoleCompensation

Vijay Dandapani

President

Board

1 hrs/wk

BASTIAN GERMER

Director

Board

1 hrs/wk

CHRIS O'SULLIVAN

Director

Board

1 hrs/wk

GABI SOANCA

Director

Board

1 hrs/wk

HEATHER DAVIS

CHAIRPERSON

Board

1 hrs/wk

Herv Houdr

Director

Board

1 hrs/wk

JULIE GREENBERG

Director

Board

1 hrs/wk

KARAMBIR KANG

Director

Board

1 hrs/wk

KATHY MORALES

Director

Board

1 hrs/wk

LAURENT EBZANT

Director

Board

1 hrs/wk

NATALIE BOGAN

Director

Board

1 hrs/wk

PRADEEP RAMAN

Director

Board

1 hrs/wk

ROBERT SALEM

Director

Board

1 hrs/wk

STEPHEN ALFIERI

Director

Board

1 hrs/wk

Independent contractors

ELICIT CONSULTING

CONSUTLING SERVICES

$127K

Grants received

Showing 6 of 6

FromAmountPurposeYear
$3K
SUPPORT EDUCATION & CRISIS RELIEF
2022
$10K
GENERAL FUNDS
2021
$500
SUPPORT EDUCATION & CRISIS RELIEF
2021
$5K
GENERAL FUNDS
2019

Funded by

$33K from 4 funders · 6 grants · 2019–2024

United Way Miami Inc

$15K · 2 grants · 2019–2021

The Realty Foundation Of New

$4K · 2 grants · 2021–2022

Details

EIN833283722
NTEE codeM20
Subsection03
Ruling date2019-09
Formed2019
Employees5
HANYC FOUNDATION INC — Mission, Financials & Grants Received | Grantivo