Barberry Foundation Inc
- Assets
- $12.1m
- Revenue
- $6.0m
- Investments
- $5.4m
- Employees
- 0
- Location
- Summit, NJ
- Founding
- 08/2019
- Data as of
- 12/2021
- EIN
- 83-2480237
Organization Overview
Barberry Foundation Inc is located in Summit, NJ. The organization was established in 2019. 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. Barberry 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, Barberry Foundation Inc generated $6.0m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 56.7% each year .
Since 2019, Barberry Foundation Inc has awarded 41 individual grants totaling $592,000. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT COLLEGE AND CAREER EDUCATION TO YOUNG MEN AND WOMEN IN NYC WITH LIMITED EDUCATIONAL OPTIONS.
SUPPORTING LOW-INCOME FAMILIES IN NEW YORK CITY WITH TOOLS AND EDUCATION FOR FIGHTING POVERTY.
DEVELOPMENT AND LEADERSHIP TO SUPPORT AND EXPAND OPPORTUNTITIES FOR CHILDREN IN SCHOOL.
TO PROVIDE AN EXCEPTIONAL EDUCATION EXPERIENCE FOR CHILDREN FROM NEWARK, PATTERSON AND THE SURROUNDING NJ COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Decker Co-President; Treasurer | 0 | $0 | |
Lauren Decker Co-President; Secretary | 0 | $0 | |
David N Decker Vice-President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,484,312 |
| Interest on Savings | $1,297 |
| Dividends & Interest | $50,902 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,200 |
| Capital Gain Net Income | $2,200 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,490,505 |
| Total Revenue | $6,029,216 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $17 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,532 |
| Total operating and administrative expenses | $16,742 |
| Contributions, gifts, grants paid | $370,500 |
| Total expenses and disbursements | $387,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,634,147 |
| Net Accounts receivable | $92,562 |
| 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 | $5,149,301 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,118,010 |
| 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, Barberry Foundation Inc has awarded $370,500 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
KIPP NEW JERSEY PURPOSE: SUPPORT OF NONPROFIT EDUCATIONAL PROGRAMS IN THE PUBLIC SCHOOLS. | $50,000 |
ANNUAL FUND OF CHRISTO REY NEW YORK HIGH SCHOOL PURPOSE: 2021 ANNUAL FUND COLLEGE AND CAREER EDUCATION TO YOUNG MEN AND WOMEN IN NYC WITH LIMITED EDUCATIONAL OPTIONS. | $50,000 |
TEACH FOR AMERICA NEW JERSEY PURPOSE: SUPPORTING DEVELOPMENT AND LEADERSHIP TO SUPPORT AND EXPAND OPPORTUNTITIES FOR CHILDREN IN SCHOOL. | $50,000 |
New York, NY PURPOSE: SUPPORTING LOW-INCOME FAMILIES IN NEW YORK CITY WITH TOOLS AND EDUCATION FOR FIGHTING POVERTY. | $50,000 |
GEORGETOWN UNVERSITY-GSP NECESSITY FUND PURPOSE: PROVIDE CRITICAL EMERGENCY FUNDS DURING THE CURRENT CRISIS TO THE MOST VULNERABLE STUDENTS FOR FOOD, HOUSING, TECHNOLOGY, STORAGE, TRAVEL & MENTAL HEALTH SUPPORT. | $25,000 |
Easton, PA PURPOSE: SUPPORT THE COLLEGE MEN'S SOCCER CLUB. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |
Paul E Singer Foundation New York, NY | $412,018,579 | $19,273,091 |
Bernard And Anne Spitzer Charitable Tr New York, NY | $0 | $17,565,686 |