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 12/2021, Unfcu Foundation Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.2% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. While expenses have increased by 10.4% 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 69 individual grants totaling $3,061,120. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO REDUCE POVERTY THROUGH EDUCATION AND HEALTH CARE PROGRAMS, ESPECIALLY AMONG WOMEN AND YOUTH IN DEVELOPING COUNTRIES AND IN NEW YORK CITY.
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 2021, THE FOUNDATION REVIEWED 74 GRANT APPLICATIONS AND APPROVED 19 PROJECTS THAT ALIGNED WITH ITS MISSION TO SUSTAIN A PATH OUT OF POVERTY THROUGH HEALTHCARE AND EDUCATION FOR WOMEN AND YOUTH. IN DECEMBER 2021, FUNDS TOTALING $744,500 WERE DISTRIBUTED IN GRANTS AND $246,968 IN OTHER ASSISTANCE FOR A TOTAL OF $991,468. THE GRANTS APPROVED BY THE UNFCU FOUNDATION BOARD OF DIRECTORS FOR THE 2021 PROGRAM YEAR ARE THE FOLLOWING: EDUCATION:GRACE OUTREACH WILL HELP 200 LOW-INCOME WOMEN GAIN THEIR HIGH SCHOOL EQUIVALENCY DEGREE TO BUILD A PATH TO IMPROVED COLLEGE AND CAREER OPTIONS. THE PROGRAM WILL SUPPORT APPROXIMATELY 100 WOMEN TO GAIN EMPLOYMENT AND TO BEGIN COLLEGE, HELPING THEM MOVE TOWARDS ECONOMIC SECURITY.UBONGO INTERNATIONAL IS A PAN-AFRICAN SOCIAL ENTERPRISE THAT LEVERAGES ENTERTAINMENT, MASS MEDIA, RESEARCH AND KID-CENTERED DESIGN TO BRING EFFECTIVE, LOCALIZED LEARNING TO AFRICAN FAMILIES. EDUCATIONAL CONTENT IS DELIVERED AT LOW COST AND ON TECHNOLOGY ACCESSIBLE TO MILLIONS OF AFRICAN CHILDREN. WITH THE UNFCU FOUNDATION'S SUPPORT, UBONGO WILL FURTHER ITS PROGRAMMING FOCUSED ON EMPOWERMENT OF WOMEN AND GIRLS, PARTICULARLY FOCUSED ON THE UWEZO NA UBONGO CHALLENGE WHICH AIMS TO EMPOWER GIRLS AND CAREGIVERS ACROSS KENYA AND UGANDA. BUILDING TOMORROW IS A LOCALLY-LED SOCIAL IMPACT ORGANIZATION ENSURING CHILDREN IN RURAL UGANDA ACCESS FOUNDATIONAL LEARNING OPPORTUNITIES. BUILDING TOMORROW WILL ENROLL OVER 2,500 LEARNERS, OF WHICH 60% WILL BE GIRLS, IN ROOTS TO RISE COMMUNITY, A SOCIALLY-DISTANCED, COMMUNITY BASED PROGRAM. GIVEN THE CHALLENGES OF IN-PERSON EDUCATION DISRUPTION IN UGANDA, THIS PROGRAM WILL WORK TO ENSURE THAT 80% OF ITS PARTICIPANTS MOVE UP AT LEAST ONE LEVEL IN LITERACY OR NUMERACY. GIRL UP WILL PROVIDE 900 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 BOOTCAMP TRAINING FOR GIRLS AS WELL AS ADOLESCENT SEXUAL AND REPRODUCTIVE HEALTH (ASRH) TRAINING TO GIRL UP CLUB MEMBERS IN THE THREE SPECIFIED COMMUNITIES.
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 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 600 WOMEN AND YOUTH. MANY OF THE WOMEN AND YOUTH ARE EXPERIENCING DOMESTIC VIOLENCE AND OTHER TRAUMAS, AND ARE CONSIDERED PART OF THE "HIDDEN HOMELESS" POPULATION. UNITED NATIONS POPULATION FUND (UNFPA) 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 ENROLMENT OF 40 INDIGENT FISTULA SURVIVORS IN SMALL AND MEDIUM-SIZED ENTERPRISES. THE 40 WOMEN WILL RECEIVE TRAINING FOR VARIOUS VOCATION AND TRADE SKILLS.
LIVELIHOOD TRAINING:MINDLEAPS PROVIDES SAFE AND IMPACTFUL TRAINING THAT BROADEN THE ECONOMIC OPPORTUNITIES FOR THE YOUTH THEY SERVE. THE VIRTUAL ACADEMY PROGRAM WILL PROVIDE 40 YOUNG ADULTS, AGES 18-25, INCLUDING 36 YOUNG WOMEN LIVING IN THE RWAMWANJA REFUGEE SETTLEMENT, WITH SMARTPHONES, DATA-PACKS, AND SIX MODULES OF COURSE INSTRUCTION FOCUSED ON BUSINESS AND LIFE SKILLS. 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 WILL EXPAND IN-PERSON AND VIRTUAL VOCATIONAL TRAINING PROGRAMS FOR OVER 200 URBAN REFUGEE YOUNG WOMEN IN NAIROBI. 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. INABLE HAS A MISSION TO EMPOWER BLIND AND VISUALLY IMPAIRED PEOPLE THROUGH COMPUTER ASSISTIVE TECHNOLOGY AND INCOME GENERATION SKILLS. UNFCU FOUNDATION IS SUPPORTING INABLE'S COMPUTER ASSISTIVE TECHNOLOGY TRAINING FOR VISUALLY IMPAIRED STUDENTS. THIS TRAINING, HOSTED AT THE THIKA HIGH SCHOOL FOR THE BLIND, PROVIDES STUDENTS WITH CRITICAL SKILLS NEEDED ON THEIR PATHS TO ECONOMIC INDEPENDENCE, INCLUDING UNIVERSITY EDUCATION AND EVENTUALLY THE JOB MARKET. 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 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. 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) PROVIDES 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 40 WOMEN, AND PROVIDE POST PROGRAM SUPPORT TO 100 ALUMNI TEAM MEMBERS. TWB WILL ALSO CONTINUE TO FOCUS ON DEEPENING ITS PROGRAM REACH BY CREATING LIVABLE WAGE POSITIONS FOR ALUMNI TEAM MEMBERS, BY STRENGTHENING THEIR EMPLOYER PARTNERSHIPS, AND INCREASING THE PRODUCTION TEAM AT TWB. TRICKLE UP WILL WORK WITH 500 ULTRA-POOR WOMEN IN GUATEMALA TO HELP THEM ACCESS FINANCIAL INCLUSION SERVICES. THE FOCUS WILL BE ON YOUNG INDIGENOUS WOMEN AND THOSE WITH DISABILITIES. THE PROGRAM WORKS WITH LOCAL MUNICIPALITIES TO ASSUME THE FINANCIAL, ADMINISTRATIVE, AND MANAGEMENT REQUIREMENTS TO IMPLEMENT ITS GRADUATION APPROACH. WOMEN FOR WOMEN INTERNATIONAL (WFWI) INVESTS IN THE SOCIAL AND ECONOMIC EMPOWERMENT OF MARGINALIZED WOMEN IN COUNTRIES AFFECTED BY CONFLICT. WFWI'S DIGITALIZING VSLA (VILLAGE SAVINGS AND LOAN ASSOCIATION) GROUPS & FEDERATIONS PROJECT IN PLATEAU STATE, NIGERIA, AIMS TO STRENGTHEN ULTRA-POOR WOMEN'S RESILIENCE TO HEALTH, ECONOMIC, AND SOCIAL SHOCKS THROUGH A DIGITAL GROUP SAVINGS SOLUTION. THE PROGRAM WILL PROVIDE 100-150 VSLA MEMBERS WITH ACCESS TO AND TRAINING ON DREAMSTART LAB'S DREAMSAVE APPLICATION TECHNOLOGY. WOMEN IN NEED (WIN) TRANSFORMS THE LIVES OF NEW YORK CITY HOMELESS WOMEN AND THEIR CHILDREN BY PROVIDING A HOLISTIC SOLUTION OF SAFE HOUSING, CRITICAL SERVICES, AND PROGRAM SERVICES. WIN WILL CONTINUE TO SUPPORT ITS SUCCESSFUL FRANCINE A. LEFRAK COMPUTER TRAINING PROGRAM, PROVIDING 65 WORK-ELIGIBLE WOMEN WITH VITAL SERVICES THAT HELP THEM ACHIEVE THEIR FINANCIAL INDEPENDENCE.
HUMANITARIAN RELIEF:INTERNATIONAL RESCUE COMMITTEE (IRC) RESPONDS TO THE WORLD'S WORST HUMANITARIAN CRISES, HELPING TO RESTORE HEALTH, SAFETY, EDUCATION, ECONOMIC WELLBEING, AND POWER TO PEOPLE DEVASTATED BY CONFLICT AND DISASTER. WITH UNFCU FOUNDATION'S HUMANITARIAN GRANT, THE IRC WILL ASSIST IN THE RESETTLEMENT OF 575 AFGHAN SPECIAL IMMIGRANTS (ASI) IN MARYLAND. THE AFGHAN IMMIGRANTS WILL BE PROVIDED CRITICAL SERVICES INCLUDING HOUSING, CASE MANAGEMENT, JOB READINESS TRAINING AND PLACEMENT. KILIMANJARO INITIATIVE (KI) PROVIDES COUNSELLING, LIVELIHOOD SKILLS AND INCOME GENERATION OPPORTUNITIES TO YOUNG PEOPLE IN KENYA. INITIATED AND CO-ORGANIZED BY KILIMANJARO INITIATIVE, THE BIG CLIMB IS A COLLABORATIVE EFFORT THAT TACKLES IMPORTANT SOCIAL CAUSES AND EMERGENCIES. CLIMBERS INCLUDE YOUTH FROM AFRICA AND AMERICA, AND REPRESENTATIVES FROM THE PRIVATE AND PUBLIC SECTORS. UNFCU FOUNDATION 'S CONTRIBUTION SUPPORTED KI'S DONATIONS TO THE AFRICAN UNION COVID-19 RESPONSE FUND AND GO GIVE ONE CAMPAIGN (MANAGED BY THE WHO FOUNDATION.) USA FOR UNITED NATIONS HIGH COMMISSIONER FOR REFUGEE (UNCHR), THE USA ARM OF THE UN AGENCY MANDATED TO AID AND PROTECT REFUGEES, FORCIBLY DISPLACED COMMUNITIES, AND STATELESS PEOPLE. WITH 200 TEAM MEMBERS IN AFGHANISTAN OPERATING IN NEARLY TWO THIRDS OF DISTRICTS IN AFGHANISTAN, UNHCR IS WORKING TO PROVIDE URGENTLY NEEDED SERVICES TO DISPLACED AFGHAN FAMILIES INCLUDING EMERGENCY SHELTER, FOOD, WATER AND SANITATION SUPPORT. WITH UNFCU FOUNDATION'S GRANT, UNHCR WILL PROVIDE EMERGENCY RELIEF SUPPLIES TO HUNDREDS OF EVACUEE FAMILIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Pamela K Agnone Chairperson | OfficerTrustee | 6 | $0 |
David Gosstola Treasurer | OfficerTrustee | 1 | $0 |
David Gruss Vice President-Cfo | Officer | 2 | $0 |
Michael Rott Vice President-Legal | Officer | 2 | $0 |
Yma Gordon-Reid Executive Director | Officer | 16 | $0 |
Joyce Barbarich 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 | $1,045,764 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,045,764 |
Total Program Service Revenue | $0 |
Investment income | $796 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $162,250 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,208,810 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $837,693 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $153,775 |
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 | $10,580 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $63,888 |
Office expenses | $3,017 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $94 |
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 | $8,475 |
Insurance | $3,120 |
All other expenses | $0 |
Total functional expenses | $1,084,062 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $654,021 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $4,500 |
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 | $11,652 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $3,531 |
Other assets | $0 |
Total assets | $673,704 |
Accounts payable and accrued expenses | $61,940 |
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 | $61,940 |
Net assets without donor restrictions | $611,764 |
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 | $673,704 |
Over the last fiscal year, Unfcu Foundation Inc has awarded $728,370 in support to 18 organizations.
Grant Recipient | Amount |
---|---|
New York, NY PURPOSE: WOMEN'S EMPLOYABILITY PROGRAM IN MARYLAND | $70,000 |
Manchester Center, VT PURPOSE: RURAL ENTREPRENEUR ACCESS PROJECT IN KENYA | $50,000 |
New York, NY PURPOSE: IMPLEMENTATION OF THE PROJECT ADVANCING EMPOWERMENT OF FISTULA SURVIVORS POST COVID-19 | $50,000 |
Long Island City, NY PURPOSE: BEHAVIORAL HEALTH PROGRAM FOR WOMEN AND GIRLS | $50,000 |
Indianapolis, IN PURPOSE: ENSURE CHILDREN IN RURAL UGANDA ACCESS TO FOUNDATIONAL LEARNING OPPORTUNITIES | $50,000 |
Alexandria, VA PURPOSE: WORKFORCE DEVELOPMENT PROGRAM AND POST PROGRAM SUPPORT FOR WOMEN IN WASHINGTON, DC. | $50,000 |
Over the last fiscal year, we have identified 1 grants that Unfcu Foundation Inc has recieved totaling $219.
Awarding Organization | Amount |
---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $219 |
Organization Name | Assets | Revenue |
---|---|---|
Transcend Inc Hastingsonhudson, NY | $40,245,682 | $36,384,149 |
The Baruch College Fund New York, NY | $295,690,612 | $67,294,185 |
Collier Services Wickatunk, NJ | $8,471,748 | $15,685,679 |
S&p Global Foundation New York, NY | $10,276,249 | $7,071,664 |
Workforce Outsource Services Inc Uniondale, NY | $10,340,814 | $13,464,902 |
North Star Academy Foundation Inc New York, NY | $177,913,521 | $11,304,915 |
Hyde Leadership Charter School-Brooklyn Brooklyn, NY | $3,932,564 | $12,878,236 |
Teach Plus Incorporated Boston, MA | $12,001,505 | $12,042,496 |
Onward Israel Internships And Opportunities Ltd New York, NY | $897,895 | $11,379,184 |
Goodwin College Educational Services Inc East Hartford, CT | $19,577 | $10,789,035 |
Education Resource Strategies Inc Watertown, MA | $16,861,900 | $10,099,352 |
Entrepreneurial Ventures In Education Quincy, MA | $4,865,485 | $11,072,937 |