Nbc Charitable Foundation Inc
- Assets
- $3.1m
- Revenue
- -$163.5k
- Investments
- $3.0m
- Employees
- 0
- Location
- Brooklyn, NY
- Founding
- 01/2011
- Data as of
- 12/2022
- EIN
- 80-0586357
Organization Overview
Nbc Charitable Foundation Inc is located in Brooklyn, NY. The organization was established in 2011. 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. Nbc Charitable 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 2014, Nbc Charitable Foundation Inc has awarded 81 individual grants totaling $2,715,750. 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 |
|---|---|---|---|
Nathan Brachfeld Trustee | 1 | $0 | |
Chanie Brachfeld Trustee | 0 | $0 | |
Chaim Miller Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $46 |
| Dividends & Interest | $35,940 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$199,481 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$163,495 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $8,477 |
| Taxes | $1,642 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,083 |
| Total operating and administrative expenses | $25,782 |
| Contributions, gifts, grants paid | $580,000 |
| Total expenses and disbursements | $605,782 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,789 |
| Savings and temporary cash investments | $44,633 |
| 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 | $1,466,144 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,689 |
| Total assets | $3,093,487 |
| 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 | $239,938 |
| Total liabilities | $239,938 |
Grants Awarded
Over the last fiscal year, Nbc Charitable Foundation Inc has awarded $580,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AMIDEI ZION OF BOBOV PURPOSE: CHARITABLE | $23,000 |
MEKIMI PURPOSE: CHARITABLE | $10,000 |
BOBOV YESHIVA PURPOSE: CHARITABLE | $30,000 |
CONG KEREN OHR PURPOSE: CHARITABLE | $50,000 |
KEDUSHAT ZION PURPOSE: CHARITABLE | $9,000 |
IYUM HAPARSHA PURPOSE: CHARITABLE | $153,000 |