American Friends Of Binyan-Av Foundation
- Assets
- $504.7k
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 06/2000
- Data as of
- 12/2022
- EIN
- 11-3472950
Organization Overview
American Friends Of Binyan-Av Foundation is located in Brooklyn, NY. The organization was established in 2000. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. American Friends Of Binyan-Av Foundation 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 12/2022, American Friends Of Binyan-Av Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 6.4% per year over the past 7 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 2020, American Friends Of Binyan-Av Foundation has awarded 19 individual grants totaling $4,269,573. 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 |
|---|---|---|---|
Victor Kameo Director | 1 | $0 | |
Farha Allaham Director | 1 | $0 | |
Ariella Laniado Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,875,344 |
| Interest on Savings | $741 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,876,085 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,681 |
| Total operating and administrative expenses | $4,381 |
| Contributions, gifts, grants paid | $1,419,278 |
| Total expenses and disbursements | $1,423,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $504,705 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $504,705 |
| 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, American Friends Of Binyan-Av Foundation has awarded $1,419,278 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BEIT KNESET SHAAR AVRAHAM PURPOSE: ASSISTANCE TO EDUCATIONAL INSTITUTION | $46,000 |
BINYAN AV PURPOSE: ASSISTANCE TO EDUCATIONAL INSTITUTION | $918,000 |
MORESHET BINYAN AV PURPOSE: ASSISTANCE TO EDUCATIONAL INSTITUTION | $78,300 |
ZECHUT AVRAHAM PURPOSE: ASSISTANCE TO EDUCATIONAL INSTITUTION | $10,978 |
ZIDKAT HARISHON PURPOSE: ASSISTANCE TO EDUCATIONAL INSTITUTION | $333,000 |
YESHIVAT NEVE ERETZ BE'ER YAAKOV PURPOSE: ASSISTANCE TO EDUCATIONAL INSTITUTION | $15,000 |