Brownstone Family Foundation
- Assets
- $9.5m
- Revenue
- $1.5m
- Investments
- $9.5m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1954
- Data as of
- 02/2024
- EIN
- 13-6138834
Organization Overview
Brownstone Family Foundation is located in New York, NY. The organization was established in 1954. 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. Brownstone Family 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 02/2024, Brownstone Family Foundation generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 26.8% each year . All expenses for the organization totaled $901.7k during the year ending 02/2024. While expenses have increased by 3.6% per year over the past 9 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 2016, Brownstone Family Foundation has awarded 833 individual grants totaling $6,375,658. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clyde Brownstone President | 5 | $0 | |
Jennifer Brownstone Vice President | 5 | $0 | |
Diane Brownstone Vice President | 5 | $0 | |
Spencer Brownstone Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $276,577 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,246,140 |
| Capital Gain Net Income | $1,246,140 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $699 |
| Total Revenue | $1,523,416 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $12,163 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $130,298 |
| Total operating and administrative expenses | $147,611 |
| Contributions, gifts, grants paid | $754,044 |
| Total expenses and disbursements | $901,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $62,860 |
| 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 | $9,481,061 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $9,543,921 |
| 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, Brownstone Family Foundation has awarded $754,044 in support to 85 organizations.
| Grant Recipient | Amount |
|---|---|
350ORG PURPOSE: WORK WITH PEOPLE ACROSS THE WORLD TO OPPOSE THOSE WRECKING OUR CLIMATE AND TO FIGHT FOR A SUSTAINABLE FUTURE. | $2,500 |
92ND STREET Y PURPOSE: WORLD-CLASS CULTURAL AND COMMUNITY CENTER WHERE PEOPLE ALL OVER THE WORLD CONNECT THROUGH CULTURE, ARTS, ENTERTAINMENT AND CONVERSATION | $5,000 |
ASSOCIATION TO BENEFIT CHILDREN PURPOSE: TO OFFER EVERY CHILD A LIFE FILLED WITH JOY AND LOVE BY CREATING COMPASSIONATE PROGRAMS IN URGENT RESPONSE TO THE NEEDS OF NEW YORK CITY'S MOST VULNERABLE FAMILIES. | $4,372 |
AMERICANS FOR SEPARATION OF CHURCH AND STATE PURPOSE: TO DEFEND THE SEPARATION OF CHURCH AND STATE AND TO PROTECT THE FOUNDATIONAL AMERICAN PRINCIPLE OF FREEDOM OF RELIGION INCLUDING THE RIGHT TO BELIEVE OR NOT BELIEVE FOR ALL. | $1,500 |
ACLU PURPOSE: LITIGATES ACROSS THE NATION AND ALL THE WAY TO THE U.S. SUPREME COURT. OUR WASHINGTON, D.C., LEGISLATIVE OFFICE LOBBIES THE U.S. CONGRESS. USE STRATEGIC COMMUNICATIONS TO EDUCATE THE PUBLIC ABOUT ISSUES. | $4,000 |
ACKERMAN INSTITUTE FOR THE FAMILY PURPOSE: TO PROVIDE: INNOVATIVE COUPLE AND FAMILY THERAPY SERVICES THROUGH ITS ON-SITE CLINIC (LICENSED BY THE STATE OF NEW YORK OFFICE OF MENTAL HEALTH), STATE-OF-THE-ART TRAINING PROGRAMS FOR MENTAL HEALTH AND OTHER PROFESSIONALS ON-SITE, IN COMMUNITY SETTINGS AND INTERNATIONALLY AND CUTTING-EDGE RESEARCH INITIATIVES THAT FOCUS ON THE DEVELOPMENT OF NEW TREATMENT MODELS AND TRAINING TECHNIQUES. | $32,500 |