Herbert H Lehman College Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO PROVIDE SCHOLARSHIPS AND SUPPORT THE SCHOLARLY ACTIVITIES OF THE HERBERT H. LEHMAN COLLEGE OF THE CITY UNIVERSITY OF NEW YORK.
- Income
- $5.4 million
- Spending
- $4.6 million
- Spent on programs
- 83%
- Reserves
- 4.8 months of spending
- Largest source of income
- donations and private grants, 85%
- Employees
- 0
- Volunteers
- 19
- Highest pay
- $530,041, ex-officio member/voting
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 85 out of 100. Higher than 71% of charities in its peer group (education, $1m to $10m).
Reserves
20 of 35Spendable reserves would cover 4.8 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 15% of income.
Income trend
15 of 15Income rose 22% on the year before.
Spending floor
15 of 1583% of spending went to programs and raising each dollar of donations cost 11 cents.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 69% of charities in its peer group (education, $1m to $10m).
Independent board
25 of 2513 of 18 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $3.8 million spent. THE HERBERT H. LEHMAN COLLEGE FOUNDATION IS COMMITTED TO SUPPORTING LEHMAN COLLEGE'S DIVERSE COMMUNITY OF NEARLY 13,000 STUDENTS BY PROVIDING ESSENTIAL FINANCIAL AND PROGRAMMATIC RESOURCES. IN FISCAL YEAR 2025, THE FOUNDATION DISTRIBUTED $4.1 MILLION IN DONOR-RESTRICTED FUNDS TO UNDERWRITE SCHOLARSHIPS, AWARDS, AND ACADEMIC INITIATIVES, DIRECTLY BENEFITING STUDENTS AND ENHANCING EDUCATIONAL PROGRAMS. OF THIS AMOUNT, $2.27 MILLION WAS ALLOCATED FOR STUDENT SCHOLARSHIPS AND PROGRAMMATIC AID, RESULTING IN 1,275 SCHOLARSHIPS AND AWARDS DISBURSED, WHILE $1.7 MILLION SUPPORTED COLLEGE INITIATIVES, INCLUDING FACULTY DEVELOPMENT AND CAMPUS ENHANCEMENTS. THROUGH THESE EFFORTS, THE FOUNDATION EMPOWERS STUDENTS FROM A WIDE RANGE OF CULTURAL AND ECONOMIC BACKGROUNDS TO PURSUE THEIR ASPIRATIONS AND SUCCEED ACADEMICALLY. THESE INVESTMENTS REFLECT THE FOUNDATION'S COMMITMENT TO TRANSFORMING ASPIRATIONS INTO ACHIEVEMENTS AND PREPARING THE NEXT GENERATION OF LEADERS AND CHANGEMAKERS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 1985.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.