Public Charity

HANYC FOUNDATION INC

HANYC FOUNDATION INC is a Public Charity headquartered in NEW YORK, NY. Financial data from the 2024 filing: $2.1M revenue, $973K expenses, $12.2M total assets. 4 publicly reported grants to this organization, totaling roughly $29K, appear in IRS filings.

EIN: 833283722 NEW YORK, NY Latest filing: 2024
Total Revenue$2.1M
Total Expenses$973K
Total Assets$12.2M
Grant Records4
Funding Total$29K
Filing Years2019–2024

Mission

The HANYC Foundation, Inc. (the Foundation) was organized on January 22, 2019 by the directors of the Hotel Association of New York City, Inc. (the Association) and is a non profit organization exempt from Federal income tax under Section 501(c)(3) of the Internal Revenue Code. The mission of the Foundation is to leverage the talents and resources of all the Associations member hotels and partners in the greater New York City market to focus the philanthropic outreach efforts toward education and crisis relief within the community. To this end the Foundation provides scholarships for students pursuing an associates or bachelors degree in hotel management, human trafficking training for Association members and their staff and hotel stays to individuals and families during unanticipated hardship and crisis.

Officers & Directors

Director Bastian Germer
Director Chris O'sullivan
Director Gabi Soanca
CHAIRPERSON Heather Davis
Director Herv Houdr
Director Julie Greenberg

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL FUNDS
$14,680 2 grants
FINANCIAL SUPPORT
$8,500 1 grant
CONTRIBUTION
$6,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.1M $973K $12.2M
2023 $1.6M $667K $1.5M
2022 $385K $136K $359K
2020 $11K $65K $111K
2019 $212K $55K $158K

Between 2019 and 2024, reported annual revenue grew from $212K to $2.1M (+876%), with total assets most recently reported at $12.2M.

Interactive year-over-year charts and full filing details available with membership.

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