SVA ALUMNI SOCIETY INC
209 EAST 23RD STREET, NEW YORK, NY 100103974 www.sva.edu

Total Revenue
$391,310
Total Expenses
$430,428
Net Assets
$2,706,515

Organizations Filed Purposes: SVA ALUMNI SOCIETY, INC. (THE "SOCIETY") WAS ESTABLISHED TO MAINTAIN, PROMOTE AND ENHANCE A MUTUALLY BENEFICIAL RELATIONSHIP BETWEEN THE SCHOOL OF VISUAL ARTS (THE "SCHOOL") AND ITS ALUMNI. THE SOCIETY PROMOTES PROFESSIONAL DEVELOPMENT AMONG THE ALUMNI AND RAISES FUNDS TOWARD SCHOLARSHIP PROGRAMS.

IN FY20 $108,500 WAS AWARDED TO SEVEN (7) HOUSING SCHOLARSHIP RECIPIENTS, $67,595 WAS AWARDED TO 147 STUDENTS FROM THE STUDENT EMERGENCY RELIEF FUND (SERF), $60,500 WAS AWARDED IN SUPPORT OF 74 THESIS PROJECTS, $35,100 IN ADDITIONAL NAMED SCHOLARSHIP AND DIRECT SCHOLARSHIP FUNDS WERE AWARDED TO THIRTEEN (13) STUDENTS RECOGNIZING INDIVIDUAL ACCOMPLISHMENT AND MERIT, THE LILA EVA LEWENTAL MEMORIAL AWARD WAS DISTRIBUTED TO ONE (1) STUDENT IN THE TOTAL AMOUNT OF $10,000 AND THE RODMAN FAMILY SCHOLARSHIP AWARD WAS DISTRIBUTED TO ONE (1) STUDENT IN THE TOTAL AMOUNT OF $2,600.

IN FY20 $108,500 WAS AWARDED TO SEVEN (7) HOUSING SCHOLARSHIP RECIPIENTS. THE INTENT OF THE ALUMNI SOCIETY HOUSING SCHOLARSHIP IS TO PROVIDE ON-CAMPUS HOUSING FOR A STUDENT WHO WOULD OTHERWISE COMMUTE FROM HOME. THE HOUSING SCHOLARSHIP COVERS THE COST OF ON-CAMPUS HOUSING FOR THE DURATION AT SVA (NOT TO EXCEED FOUR YEARS). ELIGIBLE STUDENTS MUST FULFILL THE FOLLOWING CRITERIA: HOME ADDRESS IS WITHIN 100 MILE RADIUS FROM ZIP CODE 10010; MINIMUM HIGH SCHOOL OR TRANSFER GPA OF 3.0; DEMONSTRATED FINANCIAL NEED.IN FY20 $67,595 WAS AWARDED TO 147 STUDENTS FROM THE STUDENT EMERGENCY RELIEF FUND (SERF). SERF WAS ESTABLISHED IN ORDER TO PROVIDE EMERGENCY FINANCIAL ASSISTANCE IN THE FORM OF MICROGRANTS TO SUPPORT CURRENTLY ENROLLED, FULL-TIME GRADUATE OR UNDERGRADUATE STUDENTS WHO ARE EXPERIENCING ACUTE ECONOMIC DISTRESS.IN FY20 $60,500 WAS AWARDED IN SUPPORT OF 74 THESIS PROJECTS. THE ALUMNI SCHOLARSHIP FUND AND SEVERAL NAMED FUND AWARDS SUPPORT THE DIRECT COSTS OF COMPLETING FINAL THESIS/SENIOR PORTFOLIO PROJECTS. ALL MATRICULATED STUDENTS IN GOOD ACADEMIC STANDING WITH A MINIMUM CUMULATIVE GPA OF 3.0 PLANNING TO GRADUATE IN SPRING 2020 WERE ELIGIBLE. AWARD AMOUNTS RANGE BETWEEN $500 AND $5,000 AND ARE BASED UPON ARTISTIC MERIT AS DETERMINED BY A REVIEW PANEL AND FINANCIAL NEED AS DEMONSTRATED BY PROJECT BUDGET.IN FY20 $35,100 IN ADDITIONAL NAMED SCHOLARSHIP AND DIRECT SCHOLARSHIP FUNDS WERE AWARDED TO THIRTEEN (13) STUDENTS RECOGNIZING INDIVIDUAL ACCOMPLISHMENT AND MERIT.IN FY20 THE LILA EVA LEWENTAL MEMORIAL AWARD WAS DISTRIBUTED TO ONE (1) STUDENT IN THE TOTAL AMOUNT OF $10,000. THE RODMAN FAMILY SCHOLARSHIP AWARD WAS DISTRIBUTED TO ONE (1) STUDENT IN THE TOTAL AMOUNT OF $2,600. AWARDS FROM THESE TWO FUNDS ARE NEED-BASED AND ARE DISTRIBUTED ANNUALLY TO A STUDENT TO DIRECTLY PAY FOR STUDENT LOAN DEBT.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Lyn HughesBOARD MEMBER1$0
Christopher GrowneyBOARD MEMBER1$0
David KuhnSECRETARY1$0
Michael HalsbandTREASURER1$0
Lisa Rettig-FalconeVICE-CHAIRMAN1$0
Todd RadomCHAIRMAN1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202140749349302069_public.xml