Dbid Inc
- Assets
- $40.8m
- Revenue
- $2.1m
- Investments
- $40.7m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1998
- Data as of
- 12/2020
- EIN
- 13-3997364
Organization Overview
Dbid Inc is located in New York, NY. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public 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. Dbid 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 12/2020, Dbid Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.7%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Dbid Inc has awarded 33 individual grants totaling $2,930,314. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGACY HERITAGE TEACHERS INSTITUTE - SEE PART XV
LEGACY HERITAGE TEACHER INSTITUTE FOR THE ARTS - SEE PART XV
LEGACY HERITAGE TEACHER LEADER FELLOWSHIP - SEE PART XV
LEGACY HERITAGE TEACHER MAKER INSTITUTE FOR EDUCATIONAL TECHNOLOGY PROGRAM - SEE PART XV
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
W Stern Director | 0 | $0 | |
S Wexner Pres,secy,treas,dir. | 0 | $0 | |
G Levy Director | 0 | $0 | |
R Agus Director | 0 | $0 | |
B Gloznek Assistant Secretary | 0 | $0 | |
D Weissman Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $185 |
| Dividends & Interest | $971,716 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $667,698 |
| Capital Gain Net Income | $667,698 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $461,839 |
| Total Revenue | $2,101,438 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $11,016 |
| Taxes | $44,194 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $130,521 |
| Total operating and administrative expenses | $190,405 |
| Contributions, gifts, grants paid | $1,455,822 |
| Total expenses and disbursements | $1,646,227 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $144,677 |
| Net Accounts receivable | $16,560 |
| 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 | $40,653,572 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $40,814,809 |
| Accounts payable and accrued expenses | $588 |
| 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 | $588 |
Grants Awarded
Over the last fiscal year, Dbid Inc has awarded $1,474,492 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
THE STATE OF ISRAELMINISTRY OF HEALTHBARZILAI MEDICAL PURPOSE: FUNDING TO SUPPORT CONSTRUCTION, EQUIPPING, AND FURNINSHING OF THE HOSPITAL. | $361,703 |
New York, NY PURPOSE: FUNDING TO SUPPORT THE PURCHASE OF MEDICAL EQUIPMENT. | $250,000 |
THE STATE OF ISRAELMINISTRY OF HEALTHBARZILAI MEDICAL PURPOSE: FUNDING TO SUPPORT CONSTRUCTION, EQUIPPING, AND FURNINSHING OF THE HOSPITAL. | $200,000 |
New York, NY PURPOSE: FUNDING TO SUPPORT THE PURCHASE OF MEDICAL EQUIPMENT. | $87,250 |
GASTRIC CANCER FOUNDATION PURPOSE: GENERAL SUPPORT FOR ORGANIZATION'S CHARITABLE PROGRAMMING. | $50,000 |
New York, NY PURPOSE: GENERAL SUPPORT FOR ORGANIZATION'S CHARITABLE PROGRAMMING. | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
Imago Dei Fund Boston, MA | $57,020,766 | $29,637,241 |
Boston Charitable Trust Fund Boston, MA | $1,173,216 | $4,494,143 |
Nfa Foundation Inc Norwich, CT | $77,129,817 | $5,415,738 |
American Friends Of B Nai Levy Foundation Brooklyn, NY | $493,786 | $13,431,000 |
Rf Catalytic Capital Inc New York, NY | $241,603,034 | $246,273,218 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
Freedom Fund Brooklyn, NY | $51,719,352 | $51,201,158 |
American Friends Of Leket Israel Inc Teaneck, NJ | $3,165,709 | $12,922,662 |
Provision Ministry Inc Westborough, MA | $833,220 | $12,247,682 |