Bff Foundation Inc
- Assets
- $0.0
- Revenue
- $1.1m
- Investments
- $29.2m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 01/1996
- Data as of
- 12/2020
- EIN
- 11-3261912
Organization Overview
Bff Foundation Inc is located in Brooklyn, NY. The organization was established in 1996. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Bff 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 12/2020, Bff Foundation Inc generated $1.1m 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 (7.6%) each year. All expenses for the organization totaled $1.3m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Bff Foundation Inc has awarded 38 individual grants totaling $4,114,180. 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 |
|---|---|---|---|
Joseph Bistritzky President & Treasurer | 5 | $0 | |
Sheila Bistritzky Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $445 |
| Dividends & Interest | $482,584 |
| Profit on Inventory Sales | $0 |
| Other Income | $38,463 |
| Total Revenue | $1,099,950 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $10,585 |
| Occupancy | $167,726 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $265,682 |
| Contributions, gifts, grants paid | $1,051,552 |
| Total expenses and disbursements | $1,317,234 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $654,802 |
| Investments—mortgage loans | $0 |
| Investments—other | $165,342 |
| Other assets | $61,856 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $706,532 |
Grants Awarded
Over the last fiscal year, Bff Foundation Inc has awarded $1,635,352 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION KIBUD AV PURPOSE: TO FURTHER JEWISH CAUSES | $375,000 |
YESHIVA BETH JOSEPH TZVI DUSHINSKY PURPOSE: TO FURTHER JEWISH CAUSES | $250,000 |
Monsey, NY PURPOSE: TO FURTHER JEWISH CAUSES | $250,000 |
Brooklyn, NY PURPOSE: TO FURTHER JEWISH CAUSES | $170,000 |
OHEL BAIS EZRA PURPOSE: TO FURTHER JEWISH CAUSES | $100,000 |
PINNACLE RTC PURPOSE: TO FURTHER JEWISH CAUSES | $90,552 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bff Foundation Inc has recieved totaling $8,117.
| Awarding Organization | Amount |
|---|---|
John And Debra Bacon Fam Foundation Medina, WA PURPOSE: FUNDING OF GENERAL CHARITABLE OPERATIONS | $8,117 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fund For Charitable Giving Pittsburgh, PA | $174,176,180 | $114,342,351 |
Hope For Youth Inc Amityville, NY | $10,865,800 | $14,335,992 |
Lauren And Lee Fixel Family Foundation Inc New York, NY | $40,185,371 | $21,974,777 |
Joy In Childhood Foundation Inc Canton, MA | $7,582,989 | $8,931,292 |
Joint Council For Economic Opportunity Of Clinton & Franklin Plattsburgh, NY | $5,357,972 | $10,698,049 |
Health Management Group Ltd Getzville, NY | $13,266,135 | $8,802,636 |
Roy Lichtenstein Foundation New York, NY | $85,182,586 | $2,378,185 |
Mccance Foundation Tr North Scituate, MA | $91,930,926 | $3,999,038 |
Childrens Dyslexia Centers Inc Lexington, MA | $70,604,540 | $15,265,584 |
North Central Area Agency On Aging Inc Hartford, CT | $1,856,134 | $6,505,484 |
Hampton Classic Horse Show Inc Bridgehampton, NY | $1,702,497 | $4,948,481 |
Peggy Mcgrath Rockefeller Foundation New York, NY | $16,278,993 | $1,905,197 |