Brighter Days Foundation
- Assets
- $1.2m
- Revenue
- $72.5k
- Investments
- $1.2m
- Employees
- 0
- Location
- Rochester, NY
- Founding
- 11/2008
- Data as of
- 12/2022
- EIN
- 26-3186807
Organization Overview
Brighter Days Foundation is located in Rochester, NY. The organization was established in 2008. 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. Brighter Days 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, Brighter Days Foundation generated $72.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.5%) each year. All expenses for the organization totaled $372.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Brighter Days Foundation has awarded 48 individual grants totaling $947,416. 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 |
|---|---|---|---|
Francis York President | 2 | $0 | |
Max T Stoner Vice President/secretary | 1 | $0 | |
Howard Gordon Vice President/treasurer | 0.5 | $0 | |
Kathy Garen York Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $31,814 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,732 |
| Capital Gain Net Income | $40,732 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $72,546 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $17,500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,781 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,406 |
| Total operating and administrative expenses | $44,548 |
| Contributions, gifts, grants paid | $327,500 |
| Total expenses and disbursements | $372,048 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $55,079 |
| 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 | $732,505 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $35 |
| Total assets | $1,223,514 |
| 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 | $90 |
| Total liabilities | $90 |
Grants Awarded
Over the last fiscal year, Brighter Days Foundation has awarded $327,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
CREATIVE ABILITY DEVELOPMENT INC PURPOSE: CAPITAL CAMPAIGN | $25,000 |
UNIVERSITY OF ROCHESTER MEDICAL CENTER PURPOSE: CHILD AND ADOLESCENT MENTAL HEALTH WALK IN CENTER | $250,000 |
VILLA OF HOPE PURPOSE: EMERGING NEEDS FOR BEHAVIORAL HEALTH | $25,000 |
CHILDRENS INSTITUTE PURPOSE: BEHAVIORAL SUPPORTS PROGRAM | $25,000 |
WARM NORTH CAROLINA PURPOSE: GENERAL SUPPORT | $1,000 |
NOURISH NORTH CAROLINA PURPOSE: GENERAL SUPPORT | $1,500 |