Bsnb Charitable Foundation
- Assets
- $221.1k
- Revenue
- $6.8k
- Investments
- $194.1k
- Employees
- 0
- Location
- Ballston Spa, NY
- Founding
- 06/2009
- Data as of
- 12/2023
- EIN
- 26-4076038
Organization Overview
Bsnb Charitable Foundation is located in Ballston Spa, NY. The organization was established in 2009. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Bsnb Charitable 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 12/2023, Bsnb Charitable Foundation generated $6.8k 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 (35.3%) each year. All expenses for the organization totaled $16.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Sleasman Chairman Of The Board | 1 | $0 | |
Christopher Dowd President And CEO | 1 | $0 | |
James Dodd Senior Vice President And CFO | 1 | $0 | |
Margaret Dekoning Evp And Chief Credit Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $705 |
| Dividends & Interest | $5,542 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $561 |
| Capital Gain Net Income | $561 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,808 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $195 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $20 |
| Total operating and administrative expenses | $215 |
| Contributions, gifts, grants paid | $16,000 |
| Total expenses and disbursements | $16,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $121 |
| Savings and temporary cash investments | $26,934 |
| 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 | $154,136 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $221,142 |
| 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, Bsnb Charitable Foundation has awarded $16,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
BSCSD - SCHOLARSHIP PURPOSE: EDUCATION | $1,000 |
BSCSD ROBOTICS PROGRAM PURPOSE: EDUCATION | $6,000 |
BURNT HILLS BALLSTON LAKE CENTRAL SCHOOL SCHOLARSHIP PURPOSE: EDUCATION | $1,000 |
GALWAY CENTRAL SCHOOL SCHOLARSHIP PURPOSE: EDUCATION | $1,000 |
VOORHEESVILLE CENTRAL SCHOOL DISTRICT SCHOLARSHIP PURPOSE: EDUCATION | $1,000 |
COMMUNITY LOAN FUND OF THE CAPITAL REGION PURPOSE: COMMUNITY SUPPORT | $5,000 |