Bbyo Fund For The Future Inc

Organization Overview

Bbyo Fund For The Future Inc is located in Washington, DC. The organization was established in 2014. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Bbyo Fund For The Future Inc generated $664.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $90.3k during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE PART III, LINE 1.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSES OF THE FUND ARE TO ACCEPT ENDOWMENTS, REVENUE FROM MATURED PLANNED GIFTS, AND DESIGNATED DONORS; PROVIDE CONSISTENTLY INCREASING (ANNUAL) DISTRIBUTIONS TO BBYO TO CARRY OUT ITS MISSION; TO OVERSEE THE INVESTMENT OF THE FUND'S ASSETS TO OPTIMIZE THE LONG-TERM SUPPORT IT PROVIDES TO BBYO; AND, UPON REQUEST FROM BBYO, TO ISSUE PRUDENT LOANS AND/OR TO MAKE DISTRIBUTIONS TO BBYO FROM THE FUND'S UNRESTRICTED ASSETS.


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Board, Officers & Key Employees

Name (title)Compensation
Estee Portnoy
Chair
$0
Phyllis Tabachnik
Board Member
$0
Susan Goldsmith
Board Member
$0
Howard Wohl
Board Member
$0
Ted Perlman
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$505,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$22,044
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$527,044
Total Program Service Revenue$0
Investment income $7,676
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $130,058
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $664,778

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Bbyo Fund For The Future Inc has recieved totaling $711,286.

Awarding OrganizationAmount
Bnai Brith Youth Organization Inc

Washington, DC

PURPOSE: TRANSFER OF ENDOWMENT FUNDS

$505,000
Mark Cuban Foundation

Dallas, TX

PURPOSE: GENERAL PURPOSE

$180,000
Jewish Community Foundation Of Central Pennsylvania

Harrisburg, PA

PURPOSE: GENERAL PURPOSE

$15,300
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$10,986
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,329,917
Earnings$157,824
Admin Expense$12,385
Net Contributions$601,213
Grants$77,952
Ending Balance$2,998,617

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