The Braka Philanthopic Foundation
- Assets
- $11.4m
- Revenue
- $301.2k
- Investments
- $4.2m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1994
- Data as of
- 12/2022
- EIN
- 22-6643642
Organization Overview
The Braka Philanthopic Foundation is located in New York, NY. The organization was established in 1994. 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. Braka Philanthopic 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 12/2022, Braka Philanthopic Foundation generated $301.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.4%) each year. All expenses for the organization totaled $337.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Braka Philanthopic Foundation has awarded 393 individual grants totaling $5,302,360. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ivor Braka Co Centurian Mgmt Corp Manager | 0 | $0 | |
David I Braka Co Cent Mgmt Corp Manager | 0 | $0 | |
Benjamin Braka Co Cent Mgmt Corp Manager | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $146,315 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,886 |
| Capital Gain Net Income | $4,886 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $301,201 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,298 |
| Total operating and administrative expenses | $17,298 |
| Contributions, gifts, grants paid | $319,896 |
| Total expenses and disbursements | $337,194 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,552 |
| 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 | $6,891,071 |
| 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 | $267,806 |
| Total assets | $11,356,476 |
| Accounts payable and accrued expenses | $10,550 |
| Grants payable | $374,000 |
| 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 | $384,550 |
Grants Awarded
Over the last fiscal year, The Braka Philanthopic Foundation has awarded $657,196 in support to 44 organizations.
| Grant Recipient | Amount |
|---|---|
CONG OHEL YISHAK OF ALLENHURST PURPOSE: RELIGIOUS SUPPORT | $13,000 |
CONGREGATION BROTHERS OF ISREAL PURPOSE: RELIGIOUS SUPPORT | $10,025 |
DSN PURPOSE: OTHER SUPPORT | $12,500 |
EDMOND J SAFRA SYNAGOGUE (FL) PURPOSE: RELIGIOUS SUPPORT | $18,271 |
EDMOND J SAFRA SYNAGOGUE (NY) PURPOSE: RELIGIOUS SUPPORT | $1,300 |
ILAN HIGH SCHOOL PURPOSE: EDUCATIONAL SUPPORT | $1,800 |