Pbc Foundation Inc
- Assets
- $2.5m
- Revenue
- $107.8k
- Investments
- $2.4m
- Employees
- 0
- Location
- Kew Gardens, NY
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 82-3624656
Organization Overview
Pbc Foundation Inc is located in Kew Gardens, NY. The organization was established in 2019. 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. Pbc 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, Pbc Foundation Inc generated $107.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $229.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Pbc Foundation Inc has awarded 102 individual grants totaling $496,334. 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 |
|---|---|---|---|
Pnina Arbesfeld Deceased Director | 10 | $0 | |
David Arbesfeld Director | 10 | $0 | |
Michelle Arbesfeld Salig Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,936 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $82,903 |
| Capital Gain Net Income | $82,903 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $107,839 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,800 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $823 |
| Total operating and administrative expenses | $19,910 |
| Contributions, gifts, grants paid | $209,210 |
| Total expenses and disbursements | $229,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,902 |
| Savings and temporary cash investments | $117,191 |
| 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 | $2,544,699 |
| 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, Pbc Foundation Inc has awarded $209,210 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AISH HATORAH PURPOSE: GENERAL PURPOSE OF CHARITY | $5,000 |
BETH MENACHEM PURPOSE: GENRAL PURPOSE OF CHARITY | $250 |
CENTRAL FUND ISRAEL PURPOSE: GENERAL PURPOSE OF CHARITY | $3,520 |
CONGRGATION OHAV SHALOM PURPOSE: GENRAL PURPOSE OF CHARITY | $2,000 |
CONGRGATION OHAB ZEDEK PURPOSE: GENRAL PURPOSE OF CHARITY | $18,000 |
KAV L'NOAR PURPOSE: GENRAL PURPOSE OF CHARITY | $15,000 |