Peter And Carmen Lucia Buck Foundation Inc
- Assets
- $766.4m
- Revenue
- $205.3m
- Investments
- $686.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 01/2007
- Data as of
- 06/2023
- EIN
- 06-1547852
Organization Overview
Peter And Carmen Lucia Buck Foundation Inc is located in New York, NY. The organization was established in 2007. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peter And Carmen Lucia Buck Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Peter And Carmen Lucia Buck Foundation Inc generated $205.3m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 50.0% each year . All expenses for the organization totaled $42.8m during the year ending 06/2023. While expenses have increased by 11.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Peter And Carmen Lucia Buck Foundation Inc has awarded 487 individual grants totaling $125,254,802. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Ben Benoit CFO | 30 | $287,917 | |
Christopher Buck President/director | 20 | $25,000 | |
Vera Lourenco Director | 20 | $25,000 | |
Samuel Buck Director | 20 | $25,000 | |
William Buck Treasurer/director | 20 | $25,000 | |
Michael Buck Secretary/director | 20 | $25,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Northern Trust | 6/29/23 | $280,238 |
Bank Of America Private Bank | 6/29/23 | $308,170 |
Michael A Neufeld & Assoc Llc | 6/29/23 | $115,000 |
Houghton Mifflin Harcourt | 6/29/23 | $69,575 |
Pkf O'connor Davies | 6/29/23 | $58,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $162,479,690 |
| Interest on Savings | $1,456,261 |
| Dividends & Interest | $15,511,523 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,561,203 |
| Capital Gain Net Income | $25,457,781 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $273,541 |
| Total Revenue | $205,282,218 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $719,167 |
| Other employee salaries and wages | $888,025 |
| Pension plans, employee benefits | $441,149 |
| Interest | $0 |
| Taxes | $981,986 |
| Depreciation | $0 |
| Occupancy | $219,276 |
| Travel, conferences, and meetings | $45,843 |
| Printing and publications | $0 |
| Other expenses | $160,013 |
| Total operating and administrative expenses | $4,408,574 |
| Contributions, gifts, grants paid | $38,438,819 |
| Total expenses and disbursements | $42,847,393 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $500 |
| Savings and temporary cash investments | $53,197,926 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $212,761,760 |
| Net Land, buildings, and equipment | $15,763,219 |
| Other assets | $10,596,253 |
| Total assets | $766,417,071 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Peter And Carmen Lucia Buck Foundation Inc has awarded $48,975,656 in support to 167 organizations.
| Grant Recipient | Amount |
|---|---|
ACHIEVEMENT FIRST PURPOSE: GENERAL OPERATING SUPPORT | $4,975,000 |
ADIRONDACK LAND TRUST PURPOSE: GENERAL OPERATING SUPPORT | $100,000 |
ADU PRINCESS PURPOSE: C1 2022-23 SCHOLARSHIP (SPRING) | $655 |
50CAN PURPOSE: LEAD (LATINOS FOR EDUCATIONAL ADVOCACY & DIVERSITY) | $1,300,000 |
AGRICULTURAL STEWARDSHIP ASSOCIATION PURPOSE: GENERAL OPERATING SUPPORT | $200,000 |
AMERICAN CIVIL LIBERTIES UNION FOUNDATION OF CONNECTICUT PURPOSE: GENERAL OPERATING SUPPORT | $30,000 |