The Bel-Eve Family Fund
- Assets
- $701.2k
- Revenue
- $18.1k
- Investments
- $696.7k
- Employees
- 0
- Location
- Binghamton, NY
- Founding
- 11/2001
- Data as of
- 12/2022
- EIN
- 16-6527936
Organization Overview
The Bel-Eve Family Fund is located in Binghamton, NY. The organization was established in 2001. 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. Bel-Eve Family Fund 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, Bel-Eve Family Fund generated $18.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (25.0%) each year. All expenses for the organization totaled $122.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Bel-Eve Family Fund has awarded 55 individual grants totaling $272,600. 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 |
|---|---|---|---|
Elizabeth M Koffman Trustee | 0 | $0 | |
Lorraine L Bates Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31 |
| Dividends & Interest | $21,121 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,090 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $2,609 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,062 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,208 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $26 |
| Total operating and administrative expenses | $3,234 |
| Contributions, gifts, grants paid | $119,500 |
| Total expenses and disbursements | $122,734 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,551 |
| 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 | $701,215 |
| 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, The Bel-Eve Family Fund has awarded $119,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL CENTER FOR LESBIAN RIGHTS PURPOSE: GEN. CHARITABLE | $25,000 |
SPIEDIE FESTIVAL PURPOSE: GEN. CHARITABLE | $5,000 |
JEWISH FEDERATION PURPOSE: GEN. CHARITABLE | $2,000 |
GOODWILL THEATRE PURPOSE: GEN. CHARITABLE | $2,500 |
COMMUNITY FOUNDATION SOUTH CENTRAL PURPOSE: GEN. CHARITABLE | $3,000 |
HILLEL ACADEMY PURPOSE: GEN. CHARITABLE | $500 |