Bchb Inc
- Assets
- $27.0m
- Revenue
- $2.1m
- Investments
- $26.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1998
- Data as of
- 12/2023
- EIN
- 13-3997366
Organization Overview
Bchb 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. Bchb 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 12/2023, Bchb Inc generated $2.1m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $2.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bchb Inc has awarded 40 individual grants totaling $7,489,733. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGACY HERITAGE PROGRAMMING XV LLC - PROJECT ACCELERATE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
B Gloznek Assistant Secretary | 0 | $0 | |
W Stern Director | 0 | $0 | |
R Kanner Director | 0 | $0 | |
S Wexner Pres,secy,treas,dir | 0 | $0 | |
G Levy Director | 0 | $0 | |
R Agus Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,193 |
| Dividends & Interest | $944,956 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,145,126 |
| Capital Gain Net Income | $1,145,126 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $37,437 |
| Total Revenue | $2,129,712 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $38,975 |
| Taxes | $30,832 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $133,122 |
| Total operating and administrative expenses | $208,605 |
| Contributions, gifts, grants paid | $1,794,517 |
| Total expenses and disbursements | $2,003,122 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $136,962 |
| 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 | $26,883,832 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,020,794 |
| Accounts payable and accrued expenses | $2,008 |
| 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 | $2,008 |
Grants Awarded
Over the last fiscal year, Bchb Inc has awarded $1,794,517 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
AMUTAT NEGBA RESHSET BATIM HAMIM BES PURPOSE: PROVIDE SUPPORT FOR THE ORGANIZATION'S DAYCARE AND AFTER-SCHOOL EDUCATIONAL PROGRAMMING FOR CHILDREN AND TEENS AT RISK. | $40,000 |
RELIGIOUS ZIONIST YOUTH MOVEMENT OF US PURPOSE: FUNDING TO SUPPORT THE ORGANIZATION'S EDUCATIONAL SUMMERTIME PROGRAMMING. | $61,042 |
LEGACY HERITAGE PROJECT ACCELERATE PURPOSE: PROJECT ACCELERATE IS A NATIONAL PROGRAM FOR MID-SIZED, SECOND STAGE JEWISH NON-PROFIT ORGANIZATIONS. THE PROGRAM SUPPORTS THE DEVELOPMENT OF THE SENIOR LEADERSHIP OF PARTICIPATING ORGANIZATIONS, STRENGTHENS ORGANIZATIONAL INFRASTRUCTURE, AND STIMULATES AN INCREASE IN THE ORGANIZATIONS' CAPACITY TO IMPACT THEIR INDIVIDUAL FIELDS AND THE WIDER JEWISH COMMUNITY. THE COMPONENTS OF THE PROGRAM INCLUDE: ORGANIZATIONAL ASSESSMENT, COACHING, PROFESSIONAL DEVELOPMENT SEMINARS IN FUNDRAISING AND OTHER RELEVANT TOPICS, AND GRANT SUPPORT. | $1,613,470 |
HEALTHCARE FOR ISRAEL INC PURPOSE: FUNDING TO SUPPORT RENOVATION OF A DIALYSIS CENTER. | $80,000 |
LEGACY HERITAGE INVESTORS I LLC PURPOSE: FROM PASSTHROUGH | $5 |