The Bronx Community College Foundation Inc

Organization Overview

The Bronx Community College Foundation Inc is located in Bronx, NY. The organization was established in 1990. According to its NTEE Classification (T31) the organization is classified as: Community 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. Bronx Community College 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 06/2021, Bronx Community College Foundation Inc generated $672.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.5%) each year. All expenses for the organization totaled $512.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE BRONX COMMUNITY COLLEGE FOUNDATION WAS ESTABLISHED TO PROVIDE FINANCIAL RESOURCES BEYOND THAT PROVIDED BY TAX DOLLARS. THE FOUNDATION ENSURES CONTINUATION OF BCC'S RECORD OF EXCELLENCE BY MOBILIZING SUPPORT FOR STUDENT SCHOLARSHIPS, EDUCATIONAL PROGRAMMING, FACULTY INITIATIVES, TECHNOLOGY ADVANCES AND FACILITIES MAINTENANCE AND IMPROVEMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE SUPPORT FOR STUDENTS, FACULTY MEMBERS OF BRONX COMMUNITY COLLEGE OF NEW YORK.


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Board, Officers & Key Employees

Name (title)Compensation
Eddy Bayardelle PHD
President
$0
Olga Luz Tirado
Chair
$0
Michael Robinson
Vice Chair/treasurer
$0
Alfredo M Angueira ESQ
Secretary
$0
Karla Renee Williams ESQ Part-Year
Director
$0
Corey Fernandes
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$660,251
Noncash contributions included in lines 1a–1f $15,048
Total Revenue from Contributions, Gifts, Grants & Similar$660,251
Total Program Service Revenue$0
Investment income $5,860
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,253
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $672,364

Grants Recieved

Over the last fiscal year, we have identified 12 grants that The Bronx Community College Foundation Inc has recieved totaling $260,434.

Awarding OrganizationAmount
Robin Hood Foundation

New York, NY

PURPOSE: POVERTY RELIEF

$150,000
Goldman Sachs Charitable Gift Fund

New York, NY

PURPOSE: SCHOLARSHIPS & FINANCIAL AID

$25,000
Louis And Rachel Rudin Foundation Inc

New York, NY

PURPOSE: NURSING SCHOLARSHIPS

$25,000
The Carroll And Milton Petrie Foundation Inc

New York, NY

PURPOSE: EDUCATIONAL

$20,000
American Endowment Foundation

Hudson, OH

PURPOSE: EDUCATIONAL

$10,000
Jewish Communal Fund

New York, NY

PURPOSE: GENERAL SUPPORT

$6,750
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$439,709
Earnings$77,811
Ending Balance$517,520

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