Bg Charitable Foundation
- Assets
- $1.7m
- Revenue
- $295.3k
- Investments
- $1.6m
- Employees
- 0
- Location
- New York, NY
- Founding
- 05/2019
- Data as of
- 09/2023
- EIN
- 83-2961401
Organization Overview
Bg Charitable Foundation is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (K30) the organization is classified as: Food Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bg Charitable 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 09/2023, Bg Charitable Foundation generated $295.3k 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 (19.5%) each year. All expenses for the organization totaled $122.6k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Bg Charitable Foundation has awarded 61 individual grants totaling $252,225. 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.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $260,000 |
| Interest on Savings | $325 |
| Dividends & Interest | $20,148 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,830 |
| Capital Gain Net Income | $14,830 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $295,303 |
| 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 | $45,255 |
| Total operating and administrative expenses | $46,355 |
| Contributions, gifts, grants paid | $76,250 |
| Total expenses and disbursements | $122,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $131,944 |
| 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 | $1,570,090 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,702,034 |
| 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, Bg Charitable Foundation has awarded $76,250 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CHURCH CLUB OF NEW YORK PURPOSE: GENERAL SUPPORT | $18,500 |
FOUR FREEDOMS PARK CONSERVANCY PURPOSE: GENERAL SUPPORT | $2,000 |
PRINCETON UNIVERSITY PURPOSE: GENERAL SUPPORT | $25,000 |
ST THOMAS CHURCH PURPOSE: GENERAL SUPPORT | $2,500 |
THE FUND FOR PARK AVENUE PURPOSE: GENERAL SUPPORT | $5,500 |
THE ORDER OF SAINT JOHN PURPOSE: GENERAL SUPPORT | $3,400 |