William C Bullitt Foundation Inc
- Assets
- $12.8m
- Revenue
- $961.1k
- Investments
- $12.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 08/2001
- Data as of
- 12/2023
- EIN
- 13-4183316
Organization Overview
William C Bullitt Foundation Inc is located in New York, NY. The organization was established in 2001. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. William C Bullitt 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 12/2023, William C Bullitt Foundation Inc generated $961.1k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $1.5m during the year ending 12/2023. While expenses have increased by 1.5% per year over the past 5 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, William C Bullitt Foundation Inc has awarded 236 individual grants totaling $5,092,500. 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 |
|---|---|---|---|
Tracy Pennoyer Trustee & President | 1 | $0 | |
Sharon Myrie Trustee & Vice-President | 1 | $0 | |
Dana Hiscock Trustee & Treasurer | 1 | $0 | |
Christina Pennoyer Trustee & Director | 30 | $134,723 | |
Megan Bell Trustee & Secretary | 1 | $0 | |
Justin Zaremby Assistant Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6 |
| Dividends & Interest | $159,086 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $798,064 |
| Capital Gain Net Income | $798,064 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,943 |
| Total Revenue | $961,099 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $134,723 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $28,305 |
| Interest | $0 |
| Taxes | $12,137 |
| Depreciation | $75 |
| Occupancy | $10,300 |
| Travel, conferences, and meetings | $13,177 |
| Printing and publications | $0 |
| Other expenses | $63,532 |
| Total operating and administrative expenses | $513,286 |
| Contributions, gifts, grants paid | $983,100 |
| Total expenses and disbursements | $1,496,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,145 |
| Savings and temporary cash investments | $122,718 |
| 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 | $5,495,094 |
| Net Land, buildings, and equipment | $1,425 |
| Other assets | $0 |
| Total assets | $12,756,716 |
| 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, William C Bullitt Foundation Inc has awarded $983,100 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
ADVOCATES FOR CHILDREN OF NEW YORK PURPOSE: CHILDREN/COMMUNITY SERVICES | $25,000 |
ALI HASAN MANGI MEMORIAL TRUST PURPOSE: COMMUNITY CLINIC AND MEDICAL ASSISTANCE FUND | $25,000 |
ALI HASAN MANGI MEMORIAL TRUST PURPOSE: EMERGENCY RESPONSE EFFORT AFTER THE RECORD RAINS AND FLOODS | $25,000 |
ALLIANCE FOR JUSTICE PURPOSE: CIVIC ENGAGEMENT | $20,000 |
AMERICAN VALUES COALITION PURPOSE: CIVIC ENGAGEMENT | $15,000 |
AMERICANS UNITED FOR SEPARATION OF CHURCH AND STATE PURPOSE: CIVIC ENGAGEMENT | $20,000 |