Unfcu Foundation Inc is located in Long Island City, NY. The organization was established in 2015. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Unfcu 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, Unfcu Foundation Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. While expenses have increased by 9.7% 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.
Since 2016, Unfcu Foundation Inc has awarded 101 individual grants totaling $4,379,016. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO REDUCE POVERTY THROUGH EDUCATION, HEALTH CARE PROGRAMS AND LIVELIHOOD TRAINING, ESPECIALLY AMONG WOMEN AND YOUTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE UNFCU FOUNDATION ACCEPTS GRANT APPLICATIONS, DURING THE MONTH OF JUNE, FROM US REGISTERED 501 (C) (3) NONPROFIT ORGANIZATIONS AND THOSE WORKING WITH UN ENTITIES ON THE GROUND GLOBALLY. DURING 2022, THE FOUNDATION REVIEWED 31 ELIGIBLE GRANT APPLICATIONS AND APPROVED 21 PROJECTS THAT ALIGNED WITH ITS MISSION TO SUSTAIN A PATH OUT OF POVERTY THROUGH HEALTHCARE AND EDUCATION FOR WOMEN AND YOUTH. IN DECEMBER 2022, FUNDS TOTALING $772,202 WERE DISTRIBUTED IN GRANTS AND $248,241 IN OTHER ASSISTANCE FOR A TOTAL OF $1,020,443.THE GRANTS APPROVED BY THE UNFCU FOUNDATION BOARD OF DIRECTORS FOR THE 2022 PROGRAM YEAR ARE THE FOLLOWING: EDUCATION:GRACE OUTREACH WILL HELP 250 LOW-INCOME WOMEN GAIN THEIR HIGH SCHOOL EQUIVALENCY DEGREE TO BUILD A PATH TO IMPROVED COLLEGE AND CAREER OPTIONS AND EXPAND TEACHING STAFF, ENABLING AN ADDITIONAL 200 HOURS OF CLASS TIME. THE PROGRAM AIMS TO REBUILD ITS HIGH SCHOOL EQUIVALENCY PROGRAM BACK TO A PRE-PANDEMIC MODE AND TO IN-PERSON, FULL-TIME CLASSES TO PROVIDE 320 HOURS OF IN-PERSON TRAINING.BUILDING TOMORROW IS A LOCALLY-LED SOCIAL IMPACT ORGANIZATION ENSURING CHILDREN IN RURAL UGANDA ACCESS FOUNDATIONAL LEARNING OPPORTUNITIES. BUILDING TOMORROW AIMS TO REACH 10,168 LEARNERS AND TRAIN 3,975 COMMUNITY EDUCATION VOLUNTEERS, OF WHICH MORE THAN HALF WILL BE GIRLS, THROUGH THEIR ROOTS TO RISE COMMUNITY, A SOCIALLY-DISTANCED, COMMUNITY BASED PROGRAM.YWCA BROOKLYN PROVIDES A HOLISTIC COLLEGE ACCESS AND LEADERSHIP PROGRAM (LEAD) FOR YOUTH, SERVICES FOR IMMIGRANT WOMEN, AND DOMESTIC VIOLENCE PREVENTION, ANTI-RACISM, CIVIC ENGAGEMENT, AND WOMEN'S HEALTH AND WELLNESS INITIATIVES WITH THE GOAL OF EMPOWERING WOMEN. YWCA BROOKLYN'S LEAD PROGRAM WILL SERVE 155 GIRLS OF COLOR FROM POVERTY-IMPACTED COMMUNITIES TO SUPPORT THEIR TIMELY GRADUATION AND ACCEPTANCE TO A FOUR-YEAR UNIVERSITY, BUILD FINANCIAL LITERACY AND CAREER EXPOSURE AND PROVIDE MENTORSHIP FOR ALUMNI OF THE PROGRAM.
HEALTHCARE:MOUNT SINAI ADOLESCENT HEALTH CENTER (MSAHC) WILL PROVIDE INTEGRATED MEDICAL, SEXUAL AND REPRODUCTIVE HEALTH, AND BEHAVIORAL AND MENTAL HEALTH SERVICES UTILIZING A WELLNESS AND PREVENTATIVE APPROACH. THEY WILL PROVIDE THESE MUCH NEEDED SERVICES TO 40 ADOLESCENT GIRLS BETWEEN THE AGES OF 10 TO 26. THEIR SERVICES WILL INCLUDE A MYRIAD OF DIFFERENT HIGH QUALITY, COMPREHENSIVE AND INTEGRATED YOUTH SPECIFIC SERVICES. THE FLOATING HOSPITAL WILL CONTINUE TO PROVIDE BEHAVIORAL HEALTH SERVICES AND SUPPORT PROGRAMS FOR OVER 500 WOMEN AND CHILDREN. MANY OF THE WOMEN AND CHILDREN ARE EXPERIENCING DOMESTIC VIOLENCE AND OTHER TRAUMAS, AND ARE CONSIDERED PART OF THE "HIDDEN HOMELESS" POPULATION.
LIVELIHOOD TRAINING:MINDLEAPS PROVIDES HOLISTIC BUSINESS AND PERSONAL DEVELOPMENT TO SUPPORT MOTHERS AND WOMEN IN WOMEN-HEADED HOUSEHOLDS LIVING IN THE AREAS OF NISAMBYA AND KAMWOKYA IN UGANDA. THE MOVING FORWARD TOGETHER PROGRAM WILL IMPROVE THE LIVELIHOODS OF 50 AT-RISK WOMEN THROUGH SELF-HELP GROUPS. MINDLEAPS WILL HELP TO SEED BUSINESS IN THE COMMUNITY AND PROVIDE TEN BUSINESS LOANS TO SEED-FUND BUSINESSES COMING OUT OF THE TRAININGS.REFUSHE'S MISSION IS TO PROTECT, EDUCATE, AND EMPOWER ORPHANED, UNACCOMPANIED, AND SEPARATED REFUGEE GIRLS AND YOUNG WOMEN SO THEY CAN BUILD HEALTHIER AND MORE RESILIENT FUTURES FOR THEMSELVES AND THEIR CHILDREN. REFUSHE'S ARTISAN COLLECTIVE IS A SOCIAL ENTERPRISE THAT WILL GRADUATE 25 WOMEN INTO TWO-YEAR APPRENTICESHIPS TO GAIN ADVANCED TAILORING SKILLS, ENTREPRENEURSHIP EDUCATION AND ACCESS TO SMALL LOANS.KILIMANJARO INITIATIVE (KI) PROVIDES COUNSELLING, LIVELIHOOD SKILLS AND INCOME GENERATION OPPORTUNITIES TO YOUNG WOMEN. KI SUPPORTS A NETWORK OF BOXING CLUBS WHERE YOUTH BECOME COMMUNITY ROLE MODELS. KI IS A UNIQUE PLATFORM THAT BRINGS TOGETHER INDIVIDUALS FROM DIFFERENT ECONOMIC, SOCIAL, ETHNIC, AND CULTURAL BACKGROUNDS. KILIMANJARO INITIATIVE (KI) - MAASAI EMPOWERMENT PROGRAM AIMS TO RAISE AWARENESS ON FEMALE GENITAL MUTILATION IN MAASAI HOMELANDS, PROVIDE INCOME GENERATING EMPLOYMENT AND SEMI-ARID FARMING SOLUTIONS. THE GOAL IS TO HAVE 100 WOMEN ATTEND BUSINESS SKILLS TRAINING AND 50 WOMEN BENEFIT FROM LIVELIHOOD TRAINING. HOT BREAD KITCHEN CREATES ECONOMIC OPPORTUNITY FOR IMMIGRANT WOMEN AND WOMEN OF COLOR IN NYC, THROUGH JOB SKILLS TRAINING, FOOD ENTREPRENEURSHIP PROGRAMS AND AN ECOSYSTEM OF HOLISTIC CARE. HBK WILL EXPAND ITS' CULINARY OUTPOST WORK TO REACH MORE CLIENTS IN NEIGHBORHOODS IN BROOKLYN AND QUEENS. EACH SITE WILL TRAIN COHORTS OF 15-20 WOMEN FOR A TOTAL OF 60 WOMEN TRAINED IN COMMUNITY "OUTPOSTS". HBK WILL ALSO CONTINUE TO SUPPORT 300 WOMEN'S ACCESS TO ONE OR MORE OF ITS PROGRAMS AND SERVICES.SANCTUARY FOR FAMILIES IS NEW YORK'S LARGEST NONPROFIT PROVIDER OF WRAP-AROUND SERVICES EXCLUSIVELY FOR SURVIVORS OF DOMESTIC VIOLENCE, SEX TRAFFICKING, AND RELATED FORMS OF GENDER-BASED VIOLENCE. SANCTUARY'S ECONOMIC EMPOWERMENT PROGRAM (EEP) WILL COVER STIPENDS FOR 150 WOMEN AND YOUTH TO MAKE INTERNSHIPS ACCESSIBLE FOR PARTICIPANTS AND HELP PREPARE THEM FOR LIVING-WAGE JOBS.THE BOMA PROJECT INC. WILL ENROLL 165 ULTRA-POOR WOMEN IN THE RURAL ENTREPRENEUR ACCESS PROJECT (REAP). THIS POVERTY GRADUATION INITIATIVE ENROLLS WOMEN IN A TWO-YEAR PROGRAM THAT INCLUDES FINANCIAL, LIFE SKILLS, AND BUSINESS TRAINING WITH THE GOAL OF INCREASING INCOME SOURCES, ACCESS TO SAVINGS GROUPS AND ACCESS TO CREDIT.INTERNATIONAL RESCUE COMMITTEE (IRC) PROVIDES OPPORTUNITIES FOR REFUGEES, ASYLEES, VICTIMS OF HUMAN TRAFFICKING, SURVIVORS OF TORTURE, AND OTHER IMMIGRANTS TO THRIVE IN AMERICA. IRC'S WOMEN'S EMPLOYABILITY PROGRAM (WEP) WILL PROVIDE SPECIALIZED EMPLOYMENT SERVICES TO 75 REFUGEE WOMEN.TOGETHER WE BAKE'S (TWB) MISSION IS TO PROVIDE A COMPREHENSIVE WORKFORCE TRAINING AND PERSONAL DEVELOPMENT PROGRAM FOR UNDERSERVED AND UNDERREPRESENTED WOMEN. TWB WILL RECRUIT AND TRAIN 25 WOMEN, AND PROVIDE POST PROGRAM SUPPORT TO 125 ALUMNI TEAM MEMBERS. ALUMNI TEAM MEMBERS WILL RECEIVE POST-PROGRAM PROFESSIONAL DEVELOPMENT SUPPORT SERVICES THROUGH THE WORKFORCE DEVELOPMENT SPECIALIST.TRICKLE UP WORKS WITH ULTRA-POOR WOMEN IN GUATEMALA TO HELP THEM ACCESS FINANCIAL INCLUSION SERVICES. THE PROGRAM WORKS WITH LOCAL MUNICIPALITIES TO ASSUME THE FINANCIAL, ADMINISTRATIVE, AND MANAGEMENT REQUIREMENTS TO IMPLEMENT ITS GRADUATION APPROACH. TRICKLE UP WILL ADD 250 NEW PARTICIPANTS, IN ADDITION TO THE EXISTING 500 PARTICIPANTS TO PROVIDE FINANCIAL INCLUSION SERVICES.STREET CHILD US SUPPORTS LOCAL ORGANIZATIONS IN SUB-SAHARAN AFRICA TO IMPROVE LIVELIHOODS AND EDUCATION TO ADDRESS THE SOCIAL, ECONOMIC AND STRUCTURAL ISSUES THAT UNDERPIN POVERTY. STREET CHILD US WILL PARTNER WITH UGANDAN ORGANIZATION IMAGINE HER TO EXPAND A SOCIAL ENTERPRISE AND INNOVATION INCUBATOR PROGRAM, "IMAGINE ACADEMY." THE ACADEMY WILL ENROLL 400 WOMEN TO PARTICIPATE IN THE PROGRAM. THE PROGRAM TRAINING IS AN ACCELERATED, MENTORED MBA-STYLE BUSINESS, LEADERSHIP AND SOCIAL ENTREPRENEURSHIP TRAINING COURSE. ITS PARTICIPANTS WILL ALSO BE ABLE TO ACCESS TAILORED, START-UP FINANCING VIA INTEREST FREE LOANS.MISSION FOR COMMUNITY DEVELOPMENT (MCODE) EMPOWERS INDIVIDUALS TO IMPROVE THEIR LIVES AND PROMOTE COMMUNITY DRIVEN DEVELOPMENT IN RURAL AREAS OF UGANDA. MCODE WILL SUPPORT 250 YOUNG WOMEN IN THEIR ORGANIC AGRICULTURAL VOCATIONAL TRAINING PROGRAM FOR THE PRODUCTION OF VEGETABLES AND BANANAS. THEY WILL PROVIDE COACHING AND MENTORSHIP THROUGH A HORTICULTURE TRAINING COMPANY TO PROVIDE A MARKET FOR THE PRODUCTS, AND SUPPORT TO ACHIEVE CERTIFICATIONS AT AN ACCREDITED FARMING INSTITUTE. GIRL UP WILL PROVIDE 1,200 ADOLESCENT GIRLS IN THREE DISTINCT COMMUNITIES IN KENYA WITH ENHANCED LEADERSHIP DEVELOPMENT TRAINING LINKED TO GENDER EQUALITY ISSUE AREAS. THE TRAINING WILL ALSO PROVIDE SCIENCE, TECHNOLOGY, ENGINEERING, AND MATH (STEM) FOR SOCIAL GOOD BOOT CAMP TRAINING FOR GIRLS AS WELL AS ADOLESCENT SEXUAL AND REPRODUCTIVE HEALTH (ASRH) TRAINING TO GIRL UP CLUB MEMBERS IN THE THREE SPECIFIED COMMUNITIES. GIRL UP WILL TRAIN GIRLS TO USE THE ONLINE LEARNING MANAGEMENT SYSTEM THAT WILL HOUSE LEADERSHIP TRAINING CURRICULUM AND ACTIVITIES.INTERNATIONAL TELECOMMUNICATION UNION (ITU) WORKS TO CLOSE THE DIGITAL DIVIDE AND DRIVE DIGITAL TRANSFORMATION TO LEVERAGE THE POWER OF ICTS FOR ECONOMIC PROSPERITY, JOB CREATION, DIGITAL SKILLS DEVELOPMENT, GENDER EQUALITY, DIVERSITY, A SUSTAINABLE AND CIRCULAR ECONOMY AND FOR SAVING LIVES. ITU'S AFRICAN GIRLS' CAN CODE INITIATIVE TRAINS AND EMPOWERS A MINIMUM OF 2000 GIRLS AGED 17-25 ACROSS AFRICA TO BECOME COMPUTER PROGRAMMERS, CREATORS AND DESIGNERS. THE PROGRAM IS EXPANDING TO SENEGAL IN 2023 AND WILL SUPPORT GIRLS INTERESTED IN STEM AND ICT.VILLAGE ENTERPRISE UTILIZES THE GRADUATION APPROACH TO ADDRESS THE CHALLENGES OF WOMEN LIVING IN RURAL POVERTY IN UGANDA BY PROVIDING ACCESS TO BUSINESS SAVINGS GROUPS, FINANCIAL LITERACY, SUSTAINABILITY TRAINING, MEMBERSHIP AND A CASH GRANT AS SEED CAPITAL. THE PROGRAM WILL START 63 BUSINESS, IMPACTING THE LIVES OF 189 ENTREPRENEURS, APPROXIMATELY 151 OF WHICH WILL BE WOMEN AND GIRLS.UNITED NATIONS POPULATION FUND (UNFPA) WILL CONTINUE TO PROVIDE SUPPORT TO THE EXISTING EU/UN SPOTLIGHT INITIATIVE FISTULA TREATMENT INTERVENTION IN ADAMAWA STATE, WHERE THERE IS A HIGH PREVALENCE OF WOMEN AND GIRLS AFFECTED BY OBSTETRIC FISTULA. THE GRANT WILL SUPPORT ENROLLMENT OF 40 INDIGENT FISTULA SURVIVORS IN SMALL AND MEDIUM-SIZED ENTERPRISES. THE 40 WOMEN WILL RECEIVE TRAINING FOR VARIOUS VOCATION AND TRADE SKILLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pamela K Agnone Chairperson | OfficerTrustee | 6 | $0 |
Joyce Barbarich Director | Trustee | 1 | $0 |
Michael Clark Director | Trustee | 1 | $0 |
Theresa Panuccio Director | Trustee | 1 | $0 |
David Gosstola Treasurer | OfficerTrustee | 1 | $0 |
Jodi Pulice Director | Trustee | 1 | $0 |
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 | $924,873 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $924,873 |
Total Program Service Revenue | $0 |
Investment income | $2,044 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $167,203 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,094,120 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $913,706 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $106,737 |
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 | $10,360 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $137,023 |
Office expenses | $1,880 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $154 |
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 | $3,531 |
Insurance | $4,001 |
All other expenses | $0 |
Total functional expenses | $1,181,084 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $563,616 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $7,500 |
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 | $8,652 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $579,768 |
Accounts payable and accrued expenses | $54,968 |
Grants payable | $0 |
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 | $54,968 |
Net assets without donor restrictions | $524,800 |
Net assets with donor restrictions | $0 |
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 | $579,768 |
Over the last fiscal year, Unfcu Foundation Inc has awarded $902,896 in support to 20 organizations.
Grant Recipient | Amount |
---|---|
INTERNATIONAL RESCUE COMMITTEE PURPOSE: WOMEN'S EMPLOYABILITY PROGRAM IN MARYLAND | $50,000 |
TOGETHER WE BAKE PURPOSE: WORKFORCE DEVELOPMENT PROGRAM AND POST PROGRAM SUPPORT FOR WOMEN IN WASHINGTON, DC. | $50,000 |
THE BOMA PROJECT INC PURPOSE: RURAL ENTREPRENEUR ACCESS PROJECT IN KENYA | $50,000 |
THE FLOATING HOSPITAL PURPOSE: BEHAVIORAL HEALTH PROGRAM FOR WOMEN AND GIRLS | $50,000 |
UNITED NATIONS POPULATION FUND PURPOSE: IMPLEMENTATION OF THE PROJECT ADVANCING EMPOWERMENT OF FISTULA SURVIVORS POST COVID-19 | $50,000 |
MINDLEAPS PURPOSE: VIRTUAL ACADEMY IN UGANDA | $50,000 |