Bazarsky Family Foundation
- Assets
- $9.8m
- Revenue
- $1.4m
- Investments
- $8.7m
- Employees
- 0
- Location
- Middletown, RI
- Founding
- 06/2018
- Data as of
- 12/2020
- EIN
- 82-1138943
Organization Overview
Bazarsky Family Foundation is located in Middletown, RI. The organization was established in 2018. 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. Bazarsky Family 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 12/2020, Bazarsky Family Foundation generated $1.4m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 26.8% each year . All expenses for the organization totaled $511.7k during the year ending 12/2020. While expenses have increased by 27.1% per year over the past 4 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 2017, Bazarsky Family Foundation has awarded 139 individual grants totaling $1,416,847. 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 |
|---|---|---|---|
David G Bazarsky Trustee | 5 | $0 | |
Carol R Bazarsky Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $914,696 |
| Interest on Savings | $0 |
| Dividends & Interest | $202,302 |
| Net Rental Income | $388,551 |
| Net Gain on Sale of Assets | -$107,750 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,012 |
| Total Revenue | $1,399,811 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,786 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,948 |
| Total operating and administrative expenses | $30,026 |
| Contributions, gifts, grants paid | $481,701 |
| Total expenses and disbursements | $511,727 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,055,815 |
| 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 | $9,796,969 |
| 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, Bazarsky Family Foundation has awarded $481,701 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
Newport, RI PURPOSE: SUPPORT FOR THE DEVELOPMENT OF THE HOSPITAL AND PATIENT CARE. | $71,000 |
MARTIN LUTHER KING CENTER PURPOSE: SUPPORT FOR COMMUNITY FOOD PROGRAM WHICH PROVIDES FOOD ASSISTANCE AND NUTRITIONAL EDUCATION. | $68,000 |
BOYS AND GIRLS CLUB OF NEWPORT PURPOSE: SUPPORT FOR VARIOUS PROGRAMS FOR YOUTH IN NEED. | $55,000 |
Newport, RI PURPOSE: DONATIONS TO COLLEGE SCHOLARSHIP FUND. | $35,000 |
Newport, RI PURPOSE: SUPPORT FOR ORGANIZATION PROVIDING EDUCATIONAL PROGRAMS TO CHILDREN. | $30,000 |
Providence, RI PURPOSE: SUPPORT FOR THE EXPLORATION AND CELEBRATION OF JEWISH IDENTITY. | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Steven & Alexandra Cohen Foundation Inc Stamford, CT | $524,605,658 | $98,007,018 |
Liberty Mutual Foundation Inc Boston, MA | $40,383,671 | $39,283,240 |
Mercer Family Foundation Waltham, MA | $54,165,721 | $38,341,516 |
Brooks Family Foundation Boston, MA | $0 | $26,552,695 |
Yawkey Foundation Ii Dedham, MA | $0 | $18,548,394 |
High Meadows Foundation Boston, MA | $7,499,132 | $11,021,494 |
Synchrony Foundation Stamford, CT | $74,474,766 | $12,637,293 |
Gavin Foundation Inc South Boston, MA | $19,688,054 | $21,343,242 |
Jp Fletcher Foundation Inc Cambridge, MA | $29,829,221 | -$3,521,275 |
Dalio Foundation Inc Westport, CT | $1,484,061,978 | $687,569,757 |
Seedlings Foundation Branford, CT | $139,526,871 | $5,281,922 |
Allen H & Selma W Berkman Charitable Trust Boston, MA | $738,750 | $104,320 |