Ben-Abou Foundation
- Assets
- $505.2k
- Revenue
- $50.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 05/2019
- Data as of
- 11/2022
- EIN
- 83-2841969
Organization Overview
Ben-Abou Foundation is located in Brooklyn, NY. The organization was established in 2019. According to its NTEE Classification (T01) the organization is classified as: Alliances & Advocacy, 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. Ben-Abou 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 11/2022, Ben-Abou Foundation generated $50.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (56.3%) each year. All expenses for the organization totaled $123.9k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ben-Abou Foundation has awarded 77 individual grants totaling $748,141. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| 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 | $50,000 |
| 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 | $100 |
| Total operating and administrative expenses | $100 |
| Contributions, gifts, grants paid | $123,790 |
| Total expenses and disbursements | $123,890 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,217 |
| Savings and temporary cash investments | $0 |
| 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 | $500,000 |
| 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 | $505,217 |
| 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, Ben-Abou Foundation has awarded $123,790 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: EDUCATIONAL | $22,000 |
Cambria Hts, NY PURPOSE: RELIGIOUS | $18,000 |
Sacramento, CA PURPOSE: RELIGIOUS | $15,000 |
DARCHEI MENACHEM PURPOSE: CHARITY | $15,000 |
Brooklyn, NY PURPOSE: RELIGIOUS | $13,940 |
Brooklyn, NY PURPOSE: RELIGIOUS | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Investors Exchange Inc New York, NY | $5,443,733 | $3,429,214 |
Janet W Mccune Pittsburgh, PA | $8,075,163 | $998,234 |
Goodness Web Foundation Wayland, MA | $4,775,064 | $5,142,926 |
Community Inroads Inc North Andover, MA | $243,018 | $0 |
Hackett Philanthropies Foundation Shavertown, PA | $2,510,593 | $202,481 |
M&g Charitable Foundation Brooklyn, NY | $0 | $55,000 |
Ben-Abou Foundation Brooklyn, NY | $505,217 | $50,000 |
Brian And Mary Murphy Family Foundation Inc Chester, NJ | $1,108,942 | $156,341 |
Wm F Roth T-W Fbo Charities Acct No 063809900 Pittsburgh, PA | $1,185,892 | -$401 |
Talman Charitable Foundation Worcester, MA | $11,003 | $53,094 |
The Edward And Teresa Nolan Family Foundation Inc Westhampton, NY | $945,021 | $478,897 |
Latin American Studies For The Professions Inc Plattsburgh, NY | $811,121 | $25,891 |