Bilanin Family Foundation Inc
- Assets
- $672.5k
- Revenue
- $211.6k
- Investments
- $549.9k
- Employees
- 0
- Location
- Princeton, NJ
- Founding
- 06/2012
- Data as of
- 12/2023
- EIN
- 45-3997927
Organization Overview
Bilanin Family Foundation Inc is located in Princeton, NJ. The organization was established in 2012. 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. Bilanin Family 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 12/2023, Bilanin Family Foundation Inc generated $211.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 31.5% each year . All expenses for the organization totaled $144.0k during the year ending 12/2023. While expenses have increased by 22.6% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bilanin Family Foundation Inc has awarded 80 individual grants totaling $691,882. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SCHOLARSHIP GRANTS TO SECONDARY SCHOOLS, COLLEGES, AND UNIVERSITIES FOR FINANCIALLY DISADVANTAGED YOUTH WHO DEMONSTRATE EXCELLENCE IN ATHLETICS OR ACADEMICS
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 |
|---|---|---|---|
Alan J Bilanin President | 0 | $0 | |
Jared Bilanin Secretary | 0 | $0 | |
Jason Bilanin Trustee | 0 | $0 | |
Abby Bilanin Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,000 |
| Interest on Savings | $7,700 |
| Dividends & Interest | $14,869 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $174,006 |
| Capital Gain Net Income | $174,006 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $211,575 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,300 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $149 |
| Total operating and administrative expenses | $7,034 |
| Contributions, gifts, grants paid | $137,010 |
| Total expenses and disbursements | $144,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,634 |
| 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 | $672,533 |
| 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, Bilanin Family Foundation Inc has awarded $137,010 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
GRANTS PAID-LESS THAN 1000 PURPOSE: GRANT MAKING | $2,500 |
DETERMINED TO SUCCEED PURPOSE: COLLEGE ACCESS & SUCCESS PROGRAM PROVIDES YEAR ROUND ACADEMIC SUPPORT SERVICES | $21,000 |
LAWRENCEVILLE SCHOOL PURPOSE: SUPPORTING LONG TERM INITIATIVES- FINANCIAL AID, ACADEMIC & CO-CURRICULAR PROGRAMS, FACULTY DEVELOPMENT, ATHLETICS, ARTS, & CAMPUS SUSTAINABILITY | $2,500 |
TRENTON AREA SOUP KITCHEN PURPOSE: TO HELP SERVE MEALS & SUPPORT FOR ITS HUNGRY PATRONS | $2,980 |
BUCKNELL UNIVERSITY PURPOSE: EDUCATIONAL SCHOLARSHIPS | $101,000 |
BOY SCOUTS OF AMERICA PURPOSE: FINANCIAL SUPPORT OF TEACHING AND LEARNING | $1,000 |