Bbl Charitable Foundation Inc
- Assets
- $331.7k
- Revenue
- $311.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Albany, NY
- Founding
- 10/1999
- Data as of
- 12/2022
- EIN
- 14-1810413
Organization Overview
Bbl Charitable Foundation Inc is located in Albany, NY. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bbl Charitable 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 12/2022, Bbl Charitable Foundation Inc generated $311.1k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $199.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bbl Charitable Foundation Inc has awarded 266 individual grants totaling $2,259,972. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH DONATION TO ADVENTHEALTH WESLEY CHAPEL FOUNDATION
CASH DONATION TO COLONIE SENIOR SERVICES CENTER
CASH DONATION TO UNITY HOUSE
CASH DONATION TO THE FOUNDATION FOR ELLIS MEDICINE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Obermayer Director | 0 | $0 | |
Kevin Gleason Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $311,108 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $311,108 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $50 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $650 |
| Contributions, gifts, grants paid | $198,608 |
| Total expenses and disbursements | $199,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $331,705 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $331,705 |
| 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, Bbl Charitable Foundation Inc has awarded $198,608 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMY OF THE HOLY NAMES PURPOSE: SUPPORT | $5,000 |
ALBANY JEWISH COMMUNITY CENTER PURPOSE: SUPPORT | $1,500 |
FOLDS OF HONOR NY PURPOSE: SUPPORT | $10,000 |
COLONIE SENIOR SERVICES CENTER INC PURPOSE: SUPPORT | $25,000 |
ALZHEIMER'S ASSOCIATION OF NE NY PURPOSE: SUPPORT | $10,000 |
CAPITAL DISTRICT YMCA PURPOSE: SUPPORT | $10,000 |