Bff Foundation Inc
- Assets
- $0.0
- Revenue
- $3.1m
- Investments
- $31.2m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 01/1996
- Data as of
- 12/2021
- 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 12/2021, Bff Foundation Inc generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 39.7% each year . All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 2.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Bff Foundation Inc has awarded 47 individual grants totaling $5,594,732. 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 | $399 |
| Dividends & Interest | $960,311 |
| Profit on Inventory Sales | $0 |
| Other Income | $268,002 |
| Total Revenue | $3,056,072 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $10,585 |
| Occupancy | $122,162 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $243,929 |
| Contributions, gifts, grants paid | $1,635,352 |
| Total expenses and disbursements | $1,879,281 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $158,944 |
| Other assets | $59,700 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,090,448 |
Grants Awarded
Over the last fiscal year, Bff Foundation Inc has awarded $1,480,552 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CONGREGATION KIBUD AV PURPOSE: TO FURTHER JEWISH CAUSES | $300,000 |
GATEWAYS ORGANIZATION INC PURPOSE: TO FURTHER JEWISH CAUSES | $380,000 |
MESIVTA TIFERETH ISRAEL OF RIZHIN PURPOSE: TO FURTHER JEWISH CAUSES | $60,000 |
PINNACLE RTC PURPOSE: TO FURTHER JEWISH CAUSES | $90,552 |
YESHIVA BETH JOSEPH TZVI DUSHINSKY PURPOSE: TO FURTHER JEWISH CAUSES | $100,000 |
BOBOWER SHA-ARE ZION CONGREGATION PURPOSE: TO FURTHER JEWISH CAUSES | $50,000 |