Accounting

Administrative Office

The Accounting Office oversees all accounting and reporting matters for the Graduate Center and Related Entities. This office facilitates all Accounts Payable matters regardless of the source of funds, tracks.records all revenue activities (except those reported by the Bursar), and manages all financial reporting including the development and distribution of "All Fund Reports." This unit is also responsible for oversight of all reconciliations, financial statements and developing and enhancing policies and procedures which conform to University and New York State Policies, Guidelines and Best Practices.

For more information about vendor registration, payment set-up, grant fund management, and other processes that fall under the non-tax levy umbrella, visit our resources hub.

Non-Tax Levy Entities

These related entities, established for charitable and educational purposes, are tax-exempt under the Internal Revenue Code section 501c(3). Each entity is affiliated with the University, with the relationship between the entity, the Graduate Center, and the University well-defined.

To view financial statements for each entity, visit our resources hub

The General Fund

The General Fund Office is responsible for maintaining the financial integrity of the non-tax levy entity known as the Graduate Center Non-Tax Levy Fund for Research Grants, CUNY Endowment Investment Pool, and Miscellaneous Accounts (Q Chart). The office prepares and provides the financial statements that fairly present the financial position of this entity in conformity with generally accepted accounting principles.

The funds in this unit consist primarily of restricted donations, which are generated from external sources as gifts to the Graduate Center. They are subject to the specific terms of the gift and are never considered funds that can be used for discretionary purposes. If a donor specifies that a specific department can use these funds at their discretion, however, they are treated as funds that can be used for discretionary purposes. Donors may also restrict the use of these funds to specific departments (such as mathematics) and/or for specific purposes (such as scholarships).

Each fund is assigned a fund manager, comprised of Graduate Center faculty and/or senior administrative staff. Fund managers use these funds to support their operations, sponsor college activities, and provide scholarships, among other things. All Graduate Center programs, centers, institutes, and departments authorized to spend from restricted funds are responsible for managing expenditures as well as ensuring timely and appropriate application of funds consistent with donor intent.

Auxiliary Enterprises Corporation

The Graduate Center Auxiliary Enterprises Corporation (AEC), a self-supporting business unit, was formed in 2000 to cultivate educational and social relations among the Graduate Center community. It upholds the University’s teaching, research, and public service mission by providing high-quality, cost-effective, and innovative services (such as college dining services and facilities and copier services), venues, and financial resources that support the lives of students, faculty, staff, alumni, and visitors.

Governance Document

GC Auxiliary Enterprises Corporation Bylaws – 2019

Board of Directors membership

The composition of the Board of Directors is as follows:

The President of the Graduate Center or his/her designee
Three Graduate Center administrators appointed by the President of the Graduate Center
Two faculty members appointed by the President of the Graduate Center from a panel (pool) of at least four teaching faculty appointed by the Council of Executive Officers
Five students, including the co-chairs of the Doctoral Graduate Student Council, and others elected by the officers and representatives of the Doctoral Student Council
Two Independent Directors appointed by the President of the Graduate Center
- An independent director is defined as a former employee of the College or the Corporation, an alum, a community member, or any other individual, who meets the definition of “independent director” pursuant to Section 102 of the Not-for-Profit Corporations Law, with affiliate of the Corporation to include for these purposes CUNY and the Research Foundation of CUNY.

Each elected or appointed Director serves a one-year term, and until his or her successor is elected or appointed and qualified. A Director’s term of office will commence with the Corporation’s fiscal year. Directors may serve consecutive terms.

Membership FY 2022-2023

President

Dr. Robin Garrell, President
Designee: Brian A. Peterson, Senior Vice President of Finance and Administration, Dean for Academic Initiatives and Strategic Innovation

Administrators

Ken Tirino, Treasurer, Vice President for Finance and Administration
Maura Smale, Chief Librarian
Matthew Schoengood, Vice President for Student Affairs

Faculty

Christos Gianikos, Executive Officer of Economics
Tanya Agathocleous, Co-Executive Officer of English

Students

Silvia Rivera Alfaro, DGSC Co-Chair for Student Affairs
Jonathan Hanon, DGSC Co-Chair Business
Christopher Campbell, DGSC Co-Chair for Communications
Alex Jiang, DGSC Representative
Ian Williams, DGSC Representative

Independent Directors

Joy Connolly, President of the American Council of Learned Societies
Former Interim President and Provost of the Graduate Center
Len Zinnanti, Operations & Management Consultant for Suffolk County Government
Former Senior Vice President and Chief Operating Officer at City College of New York

Financial Reports

Child Development and Learning Center

The Child Development and Learning Center, Inc. was incorporated in 2000 to establish, maintain, and operate a day care center at the Graduate Center for dependent children of registered, matriculated students, and, as space permits, children of non-matriculated students, faculty, and staff.

Visit the Child Development and Learning Center

Doctoral and Graduate Students' Council

The Doctoral and Graduate Students' Council (DGSC) is the sole policymaking body representing students in doctoral and master's programs at the Graduate Center. The council, its executive committee, and its steering committee are charged with representing student interests before the administration and external bodies.

In addition to informal and ongoing communications, the DGSC committees are responsible for supporting various student organizations, fostering a sense of community among students, and providing funding for cultural affairs, available for activities at all campuses where doctoral students are located.

Funds derived from the student activity fees are available for use by the individual programs.

Graduate Center Foundation, Inc. and Subsidiaries

The Graduate Center Foundation was established in 1983 as an independent not-for-profit entity that is committed to promoting and safeguarding the success of the Graduate Center. As the sole channel for contributions to the programs, centers, and institutions of the Graduate Center, the foundation works with the GC president and provost on institutional priorities such as student housing, career planning, and collaborative research, as well as with program leaders on targeted scholarships and stipends, travel and conference aid, and alumni communications. The foundation also manages and invests donations for use by the Graduate Center.

The Foundation’s subsidiaries include:

Graduate Center Foundation Housing Corporation

The Graduate Center Foundation Housing Corporation was formed in 2008 to foster and enable the achievement of education goals of students enrolled at the City University of New York Graduate School and University Center by creating affordable housing for graduate students and their families.

Graduate Center Foundation Housing Corporation LIC

Graduate Center Foundation Housing Corporation LIC was formed in 2012 to foster and enable the achievement of education goals of students enrolled at The City University of New York Graduate School and University Center by creating affordable housing for graduate students and their families.