Granny B & P Foundation
- Assets
- $3.0m
- Revenue
- $734.1k
- Investments
- $2.9m
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/2010
- Data as of
- 12/2021
- EIN
- 27-2621507
Organization Overview
Granny B & P Foundation is located in New York, NY. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Granny B & P 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 12/2021, Granny B & P Foundation generated $734.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 63.8% each year . All expenses for the organization totaled $138.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Granny B & P Foundation has awarded 30 individual grants totaling $532,013. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $54,453 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $679,588 |
| Capital Gain Net Income | $679,588 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $734,070 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,255 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $38,790 |
| Contributions, gifts, grants paid | $100,000 |
| Total expenses and disbursements | $138,790 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,147 |
| 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 | $7,766 |
| 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 | $3,024,292 |
| 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, Granny B & P Foundation has awarded $100,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
DUMOND CONSERVANCY PURPOSE: SOCIAL PURPOSES | $25,000 |
Kamuela, HI PURPOSE: EDUCATIONAL PURPOSES | $20,000 |
Honolulu, HI PURPOSE: EDUCATIONAL PURPOSES | $15,000 |
FRIENDS OF PANA'EWA ZOO PURPOSE: SOCIAL PURPOSES | $15,000 |
PRINCE DANCE COMPANY PURPOSE: EDUCATIONAL PURPOSES | $15,000 |
CARROLL SHELBY FOUNDATION PURPOSE: SOCIAL PURPOSES | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Massachusetts Higher Education Assistance Corporation Boston, MA | $1,090,709,677 | $124,087,298 |
Mastercard Impact Fund Purchase, NY | $207,268,769 | $96,050,288 |
Business Leadership Organized For Catholic Schools King Of Prussia, PA | $82,544,630 | $55,644,917 |
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
Edward P Evans Andover, MA | $242,161,195 | $13,916,833 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |
Ja Worldwide Inc Boston, MA | $14,229,210 | $21,801,943 |
The Posse Foundation Inc New York, NY | $120,660,725 | $44,739,225 |
Inner-City Scholarship Fund Inc New York, NY | $115,829,957 | $24,751,034 |