# Westchester Community College Foundation

Westchester Community College Foundation is an Endowment / Foundation based in Valhalla, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Valhalla, United States
- **Region:** North America
- **Address:** Valhalla, NY, United States
- **Assets under management:** Undisclosed
- **Website:** wccf-ny.org
- **LinkedIn:** https://www.linkedin.com/company/westchester-community-college-foundation-inc

## Regulatory record

- **Reports private funds:** No

## About

The Westchester Community College Foundation operates as the philanthropic engine for SUNY Westchester Community College, channeling annual support from over 15,000 donors into direct student aid and programmatic funding. Its board includes operators like Lorna Hawthorne — whose role co-founding Golden Krust Caribbean Bakery connects the foundation to a nationally recognized family enterprise — and Jeremy Sunshine, a market team lead at J.P. Morgan Private Bank. The foundation's mandate is narrower than a university endowment: it functions primarily as a pass-through vehicle that deploys nearly all annual gifts, maintaining a residual corpus invested across commingled funds and a few direct holdings. The foundation's deployment splits between roughly $3 million in annual scholarships and an additional $2 million to $3 million in program resources, supporting initiatives from workforce development to the Native Plant Center, an affiliate of the Lady Bird Johnson Wildflower Center. Its investment portfolio appears to follow a small-institution playbook, with disclosed positions in TIFF-managed vehicles spanning a global equity fund, a multi-asset fund, and a private-investment fund-of-funds. A timberland exposure through Hancock Timberland XI, L.P. The foundation's institutional relationships provide further shape. A National Center of Excellence in Cyber Defense designation — granted by the NSA and DHS — highlights the college's specialized programming, which aligns foundation resources toward cybersecurity education. The foundation draws no disclosed AUM figures and maintains no public-facing investment team, reinforcing its character as a donor-funded distribution entity rather than a pool that competes for institutional talent. Governance rests with a volunteer board whose members reflect the college's ties to Westchester's business and professional communities. Structurally, the foundation differs from most family offices and endowments because its capital base resets annually through donor campaigns rather than compounding from a large permanent corpus. This forces an operational discipline around liquidity and disbursement pacing that more closely resembles a community foundation.

## Sectors

- Education

## People

- Lorna Hawthorne — Board Member
- Jeremy Sunshine — Board Member

## Questions

### How does the foundation's investment model differ from a conventional endowment?

The foundation operates primarily as a pass-through entity rather than a permanent endowment. The bulk of annual funding comes from active donor campaigns, with disbursements for scholarships and programs nearly matching inflows. A smaller residual portfolio is invested across commingled funds from TIFF and a few direct real-asset interests, functioning as a liquidity buffer rather than a compounding engine.

### What is the foundation's known posture on direct investments versus fund commitments?

Disclosed positions lean heavily toward commingled fund commitments, including TIFF Centerstone, Global Equity, Keystone, and Multi-Asset funds. The foundation also holds a rental property through County Homes LLC and a limited partnership interest in Hancock Timberland XI — rare direct or co-mingled real-asset positions that remain modest relative to the total pool.

### What is the foundation's geographic focus?

The foundation's activities concentrate on Westchester County, New York, where SUNY Westchester Community College's main campus is located in Valhalla. Scholarship recipients and programming overwhelmingly serve county residents. The investment portfolio carries no explicit geographic mandate, though the single rental property is also sited in New York.

### How is the foundation related to SUNY Westchester Community College?

The foundation is a legally separate 501(c)(3) entity that exists solely to raise and distribute private funds in support of the college. It does not control the college's operations or state-appropriated budget. Annual distributions — roughly $5 million to $6 million combined — cover scholarships and programmatic resources that fall outside the college's core public funding.

## Related profiles

- [Westchester Capital Management](https://altss.com/profile/westchester-capital-management)
- [Westco Advisory Services](https://altss.com/profile/westco-advisory-services)

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Last updated: 2026-08-11T02:43:31.692Z

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