F K A The Bocuse D Or Usa Foundation Ltd
- Assets
- $1.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 4
- Location
- New York, NY
- Founding
- 02/2009
- Data as of
- 03/2022
- EIN
- 26-2447984
Organization Overview
F K A The Bocuse D Or Usa Foundation Ltd is located in New York, NY. The organization was established in 2009. According to its NTEE Classification (A25) the organization is classified as: Arts Education, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 03/2022, F K A The Bocuse D Or USA Foundation Ltd employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. F K A The Bocuse D Or USA Foundation Ltd 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 03/2022, F K A The Bocuse D Or USA Foundation Ltd generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.2%) each year. All expenses for the organization totaled $909.5k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (23.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, F K A The Bocuse D Or USA Foundation Ltd has awarded 33 individual grants totaling $315,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
AIMS TO EDUCATE, TRAIN AND INSPIRE EXCELLENCE IN YOUNG CULINARY PROFESSIONALS AND CHAMPIONS THE DIVERSITY AND CREATIVITY OF THE TRADITIONS AND QUALITY OF CUISINE IN AMERICA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEAM USA TRAINING - FUNDING PROVIDED TO EFFECTIVELY TRAIN TEAM USA AS THEY PREPARE TO REPRESENT OUR COUNTRY AT THE MOST RECOGNIZED AND COMPETITIVE CULINARY EVENT CALLED THE BOCUSE D FUNDING IS USED FOR ALL ASPECTS OF TRAINING FROM EQUIPMENT AND SUPPLIES TO INGREDIENTS AND TRAVEL.
GIVING FUND GRANTS - ISSUED TO RESTAURANTS AND OTHER PUBLIC CHARITIES FOR DISASTER RELIEF AND ASSISTANCE WITH EMPLOYEE RELIEF EFFORTS RELATED TO COVID, NATURAL DISASTERS OR DEVASTATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Young Yun Executive Director/secretary | Officer | 50 | $158,846 |
Daniel Boulud Chairman | OfficerTrustee | 3 | $0 |
Thomas Keller President | OfficerTrustee | 5 | $0 |
Jerome Bocuse Exective Vice President | OfficerTrustee | 3 | $0 |
Gavin Kaysen Team Usa President | Officer | 3 | $0 |
Brian Diamond Treasurer | Officer | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,000 |
| Fundraising events | $485,482 |
| Related organizations | $0 |
| Government grants | $156,041 |
| All other contributions, gifts, grants, and similar amounts not included above | $598,040 |
| Noncash contributions included in lines 1a–1f | $153,910 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,240,563 |
| Total Program Service Revenue | $0 |
| Investment income | $4,154 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,767 |
| Net Income from Fundraising Events | -$249,372 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $7,785 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,016,897 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $50,316 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $176,800 |
| Compensation of current officers, directors, key employees. | $58,933 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $186,977 |
| Pension plan accruals and contributions | $2,904 |
| Other employee benefits | $15,126 |
| Payroll taxes | $38,989 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $14,989 |
| Fees for services: Accounting | $49,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,178 |
| Fees for services: Other | $93,608 |
| Advertising and promotion | $79,444 |
| Office expenses | $6,441 |
| Information technology | $1,410 |
| Royalties | $0 |
| Occupancy | $44,701 |
| Travel | $2,786 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,398 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $107,573 |
| Insurance | $6,706 |
| All other expenses | $23,040 |
| Total functional expenses | $909,451 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $266,853 |
| Savings and temporary cash investments | $436,496 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,840 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,733 |
| Prepaid expenses and deferred charges | $13,223 |
| Net Land, buildings, and equipment | $164,895 |
| Investments—publicly traded securities | $165,242 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,500 |
| Total assets | $1,083,782 |
| Accounts payable and accrued expenses | $367,262 |
| Grants payable | $0 |
| Deferred revenue | $18,935 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $386,197 |
| Net assets without donor restrictions | $567,512 |
| Net assets with donor restrictions | $130,073 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,083,782 |
Grants Awarded
Over the last fiscal year, F K A The Bocuse D Or Usa Foundation Ltd has awarded $50,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Louisville, KY PURPOSE: Disaster relief efforts for restaurants affected by the devastation | $20,000 |
ALEX YOON RESTAURANT GROUP LLC PURPOSE: Disaster relief efforts for restaurants affected by the devastation | $10,000 |
SPICER ROSENDALE PURPOSE: Disaster relief efforts for restaurants affected by the devastation | $10,000 |
STATE BIRD PROVISIONS PURPOSE: Disaster relief efforts for restaurants affected by COVID | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that F K A The Bocuse D Or Usa Foundation Ltd has recieved totaling $211,103.
| Awarding Organization | Amount |
|---|---|
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $201,103 |
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Manhattan School Of Music New York, NY | $110,734,113 | $63,876,459 |
Franklin Institute Philadelphia, PA | $191,202,786 | $32,040,912 |
Art Students League Of New York New York, NY | $112,886,191 | $14,274,262 |
Saul Steinberg Foundation New York, NY | $2,326,445 | $165,696 |
Studio In A School Association New York, NY | $26,491,871 | $6,228,421 |
Global Disciples Lancaster, PA | $4,481,434 | $6,431,035 |
Harlem School Of The Arts Inc New York, NY | $16,306,795 | $5,380,840 |
Dreamyard Project Inc Bronx, NY | $4,474,380 | $5,509,637 |
Grounds For Sculpture Inc Hamilton, NJ | $36,793,406 | $11,597,062 |
Powerhouse Arts Inc Brooklyn, NY | $187,718,007 | $2,438,930 |
Artists For Humanity Inc Boston, MA | $38,813,967 | $6,181,666 |
American Academy Of Arts And Letters New York, NY | $101,076,393 | $10,417,737 |