Related Affordable Foundation Inc
- Assets
- $1.7m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 04/2016
- Data as of
- 12/2022
- EIN
- 47-5195759
Organization Overview
Related Affordable Foundation Inc is located in New York, NY. The organization was established in 2016. 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. Related Affordable 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.
Since 2016, Related Affordable Foundation Inc has awarded 206 individual grants totaling $4,794,746. 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.
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 |
|---|---|---|---|
Stephen M Ross President | 0 | $0 | |
Bruce A Beal Jr Vice President | 0 | $0 | |
Matthew K Finkle Treasurer | 0 | $0 | |
David J Pearson Secretary | 0 | $0 | |
Jeffrey I Brodsky Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,350,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,350,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $144,549 |
| Pension plans, employee benefits | $151,993 |
| Interest | $0 |
| Taxes | $14,456 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $184,199 |
| Total operating and administrative expenses | $495,197 |
| Contributions, gifts, grants paid | $1,726,262 |
| Total expenses and disbursements | $2,221,459 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,730,836 |
| 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 | $1,730,836 |
| Accounts payable and accrued expenses | $36,552 |
| 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 | $36,552 |
Grants Awarded
Over the last fiscal year, Related Affordable Foundation Inc has awarded $1,726,262 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
AFTER SCHOOL MATTERS PURPOSE: PARKWAY GARDENS ART MURAL PROJECT | $79,151 |
AFTER SCHOOL MATTERS PURPOSE: PARKWAY GARDENS ART MURAL PROJECT | $76,901 |
ART ON SEDGWICK PURPOSE: MARSHALL FIELD GAQRDENS | $15,725 |
BEACON LIGHT CIVIC LEAGUE PURPOSE: BEACON LIGHT CIVIC LEAGUE | $2,000 |
AVONDALE COMMUNITY COUNCIL PURPOSE: TO PURCHASE 5243 GIFT CARDS AT $50 PER GIFT CARD FOR HARMON HOMES AND COLONIAL VILLAGE RESIDENTS | $13,250 |
BLESSINGS IN A BACKPACK PURPOSE: SCHOOL INVESTOR SUPPORT FOR 2021 - 200 CHILDREN | $84,669 |