British Schools And Universities Foundation Inc
- Assets
- $4.4m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/1964
- Data as of
- 12/2022
- EIN
- 13-6161189
Organization Overview
British Schools And Universities Foundation Inc is located in New York, NY. The organization was established in 1964. According to its NTEE Classification (Q30) the organization is classified as: International Development, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. British Schools And Universities 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 12/2022, British Schools And Universities Foundation Inc generated $12.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.0% each year. All expenses for the organization totaled $11.7m during the year ending 12/2022. While expenses have increased by 6.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
GENERAL ASSISTANCE TO BRITISH SCHOOLS AND UNIVERSITIES AND TO ASSIST BRITISH AND AMERICAN SCHOLARS AT BRITISH SCHOOLS AND UNIVERSITIES. IN THIS CAPACITY THE FOUNDATION MAKES DONATIONS TO UNIVERSITIES AND OTHER EDUCATIONAL, SCIENTIFIC OR LITERARY INSTITUTIONS TO PROMOTE,FOSTER AND ASSIST THE EDUCATIONAL AND ACADEMINC WORK OF BRITISH AND AMERICAN SCHOLARS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS TO SCHOOLS, COLLEGES, UNIVERSITIES AND OTHER EDUCATIONAL,SCIENTIFIC AND LITERARY INSTITUTIONS IN THE BRITISH COMMONWEALTH.
SCHOLARSHIPS TO GIFTED SCHOLARS IN THE UNITED STATES PURSUING GRADUTE STUDY IN THE BRITISH COMMONWEALTH AND BRITISH COMMONWEALTH SCHOLARS TO PURSUER GRADUATE STUDY IN THE UNITED STATES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Lipson Chairman Of The Board | OfficerTrustee | 0 | $0 |
Sara Kendrick Moose Secretary | OfficerTrustee | 0 | $0 |
Patrick M Russell Treasurer | OfficerTrustee | 0 | $0 |
Allerton G Smith Vice Prsident Investments | OfficerTrustee | 0 | $0 |
John G Stiller Vice President Institution | OfficerTrustee | 0 | $0 |
Daniel O'day Vice President Scholarship | OfficerTrustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,980,180 |
| Noncash contributions included in lines 1a–1f | $48,597 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,980,180 |
| Total Program Service Revenue | $0 |
| Investment income | $70,408 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$27,869 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,022,719 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $11,577,732 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $30,085 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,230 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,727 |
| All other expenses | $0 |
| Total functional expenses | $11,657,401 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,569,529 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $2,850,219 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,884 |
| Total assets | $4,426,632 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $15,688 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $15,688 |
| Net assets without donor restrictions | $3,683,427 |
| Net assets with donor restrictions | $727,517 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $4,426,632 |