Billy Rose Foundation Inc
- Assets
- $8.6m
- Revenue
- $265.8k
- Investments
- $8.5m
- Employees
- 0
- Location
- Rockville Centre, NY
- Founding
- 07/1961
- Data as of
- 12/2023
- EIN
- 13-6165466
Organization Overview
Billy Rose Foundation Inc is located in Rockville Centre, NY. The organization was established in 1961. 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. Billy Rose 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, Billy Rose Foundation Inc generated $265.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Billy Rose Foundation Inc has awarded 148 individual grants totaling $3,612,000. 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 |
|---|---|---|---|
John Wohlstetter Vice Chairman | 1 | $10,000 | |
James Mc Nasby Chairman | 1 | $10,000 | |
Gregory Little Treasurer | 1 | $10,000 | |
Kathleen A Fisk Asst. Secretary | 35 | $50,000 | |
Thomas Walsh Director | 1 | $10,000 | |
Sylvie Cherry Director | 1 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $166,156 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,989 |
| Capital Gain Net Income | $31,539 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $76,686 |
| Total Revenue | $265,831 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $100,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $1,376 |
| Interest | $0 |
| Taxes | $4,391 |
| Depreciation | $0 |
| Occupancy | $14,548 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,480 |
| Total operating and administrative expenses | $212,573 |
| Contributions, gifts, grants paid | $787,500 |
| Total expenses and disbursements | $1,000,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $83,140 |
| Savings and temporary cash investments | $17,407 |
| 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 | $4,565,240 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,568,763 |
| 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, Billy Rose Foundation Inc has awarded $787,500 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN COMPOSERS FORUM PURPOSE: INNOVATION AND IMPROVEMENT GRANT | $42,500 |
AMERICAN FRIENDS OF THE ISRAEL MUSEUM PURPOSE: INNOVATION AND IMPROVEMENT GRANT | $100,000 |
CALVARY HOSPITAL PURPOSE: INNOVATION AND IMPROVEMENT GRANT | $10,000 |
DANCING DREAMS PURPOSE: INNOVATION AND IMPROVEMENT GRANT | $50,000 |
ESSENTIAL VOICES USA PURPOSE: INNOVATION AND IMPROVEMENT GRANT | $20,000 |
FORDHAM UNIVERSITY PURPOSE: INNOVATION AND IMPROVEMENT GRANT | $30,000 |