Pb&j Foundation Inc
- Assets
- $983.7k
- Revenue
- $104.1k
- Investments
- $968.0k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 06/2019
- Data as of
- 12/2023
- EIN
- 83-2215647
Organization Overview
Pb&j Foundation Inc is located in Brooklyn, 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. Pb&j 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, Pb&j Foundation Inc generated $104.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (23.0%) each year.
Since 2019, Pb&j Foundation Inc has awarded 47 individual grants totaling $212,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Touhey President | 5 | $0 | |
Patricia Lowry Vice President | 0 | $0 | |
Colin Touhey Director | 0 | $0 | |
Evan Touhey Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $80,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,982 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,166 |
| Capital Gain Net Income | $14,166 |
| Net ST Capital Gain | $14,166 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $104,148 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $417 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $9,814 |
| Total operating and administrative expenses | $11,931 |
| Contributions, gifts, grants paid | $63,500 |
| Total expenses and disbursements | $75,431 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,669 |
| Savings and temporary cash investments | $4,075 |
| 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 | $967,985 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $983,729 |
| 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, Pb&j Foundation Inc has awarded $63,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
NEW SUFFOLK WATERFRONT FUND PURPOSE: GENERAL DONATION | $20,000 |
THE SALVATION ARMY PURPOSE: GENERAL DONATION | $1,000 |
KNICKERBOCKER TENNIS FOUNDATION PURPOSE: GENERAL DONATION | $3,000 |
PROSPECT PARK ALLIANCE PURPOSE: GENERAL DONATION | $10,000 |
GROUP FOR THE EAST END PURPOSE: GENERAL DONATION | $3,000 |
CENTER FOR LAW AND JUSTICE PURPOSE: GENERAL DONATION | $3,000 |