Big Guy Foundation Inc
- Assets
- $5.0k
- Revenue
- $77.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Mill Neck, NY
- Founding
- 10/2004
- Data as of
- 12/2023
- EIN
- 54-2118808
Organization Overview
Big Guy Foundation Inc is located in Mill Neck, NY. The organization was established in 2004. 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. Big Guy 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 12/2023, Big Guy Foundation Inc generated $77.7k 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 (25.9%) each year. All expenses for the organization totaled $126.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (18.3%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Big Guy Foundation Inc has awarded 238 individual grants totaling $1,302,574. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING GRANTS TO NEEDY INDIVIDUALS
MAKING GRANTS TO CHARITABLE ORGANIZATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Carusi President | 1 | $0 | |
Susan Altamore Carusi Executive Vice President Secretary Treasurer | 2 | $0 | |
Steven Altamore Vice President | 1 | $0 | |
Navila Armon Vice President | 1 | $0 | |
Leonard Shavel Vice President | 1 | $0 | |
Alison Carusi Assistant Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $77,694 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $77,694 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $210 |
| Total operating and administrative expenses | $210 |
| Contributions, gifts, grants paid | $126,467 |
| Total expenses and disbursements | $126,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,001 |
| Savings and temporary cash investments | $2,968 |
| 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 | $4,969 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $31,750 |
| 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 | $31,750 |
Grants Awarded
Over the last fiscal year, Big Guy Foundation Inc has awarded $126,467 in support to 41 organizations.
| Grant Recipient | Amount |
|---|---|
ANNA FRASCHILLA PURPOSE: TUITION | $25,000 |
ST THOMAS AQUINAS COLLEGE PURPOSE: DONATION | $5,000 |
BRISA BARRIOS PURPOSE: TUITION | $9,000 |
MULTIPLE SCLEROSIS FOUNDATION PURPOSE: DONATION | $500 |
OCEAN CONSERVANCY PURPOSE: DONATION | $250 |
DREAM STREETS PURPOSE: DONATION | $750 |