Progressive Charity Foundation Inc
- Assets
- $0.0
- Revenue
- $95.0k
- Investments
- $561.1k
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 02/2016
- Data as of
- 06/2022
- EIN
- 47-5519644
Organization Overview
Progressive Charity Foundation Inc is located in Brooklyn, NY. The organization was established in 2016. 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. Progressive Charity 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 06/2022, Progressive Charity Foundation Inc generated $95.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $52.7k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Progressive Charity Foundation Inc has awarded 42 individual grants totaling $258,525. 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 |
|---|---|---|---|
Joseph Fishman President | 0 | $0 | |
Pearl Fishman Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $33,061 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,245 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $95,016 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $7,710 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $52,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,446 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Progressive Charity Foundation Inc has awarded $93,325 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CONG KAVUNAS HALEV PURPOSE: RELIGIOUS ASSISTANCE | $3,000 |
BAIS SARAH PURPOSE: EDUCATIONAL ASSISTANCE | $7,000 |
BEIS TZIPORAH PURPOSE: EDUCATIONAL ASSISTANCE | $4,000 |
TZVI L'TZADIK PURPOSE: RELIGIOUS ASSISTANCE | $2,475 |
YESHIVA MEVAKSHAI HASHEM PURPOSE: EDUCATIONAL ASSISTANCE | $5,000 |
YESHIVA OHR MOSHE PURPOSE: EDUCATIONAL ASSISTANCE | $1,950 |