Beba Innovation And Entrepreneurship Foundation Inc
- Assets
- $1.9m
- Revenue
- -$16.4k
- Investments
- $1.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 02/2019
- Data as of
- 12/2022
- EIN
- 82-3701017
Organization Overview
Beba Innovation And Entrepreneurship Foundation Inc is located in New York, NY. The organization was established in 2019. According to its NTEE Classification (Q33) the organization is classified as: International Relief, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beba Innovation And Entrepreneurship 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 2018, Beba Innovation And Entrepreneurship Foundation Inc has awarded 33 individual grants totaling $208,616. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROMOTE INNOVATION AND ENTREPRENEURIAL LEARNING BY LEVERAGING STRENGTHS IN MULTI-DISCIPLINARY AND EXPERIENTIAL LEARNING IN SCIENCE, TECHNOLOGY AND BUSINESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ali Beba President | 0 | $0 | |
Umran Beba Director | 0 | $0 | |
Korhan Beba Executive Director | 40 | $114,000 | |
Kutay Beba Officer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,314 |
| Interest on Savings | $7 |
| Dividends & Interest | $59,027 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$80,768 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$16,420 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $114,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $27,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $143,150 |
| Contributions, gifts, grants paid | $73,914 |
| Total expenses and disbursements | $217,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $590,391 |
| 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 | $1,941,185 |
| 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, Beba Innovation And Entrepreneurship Foundation Inc has awarded $73,914 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BINGUL SEVIMLI PURPOSE: SAY HOPE PROJECT AND FOUNDING OF STEM PROGRAM FOR WOMEN | $5,000 |
COLUMBIA UNIVERSITY PURPOSE: TO ASSIST WOMEN ENTREPRENEURS BUILD SUCCESSFUL BUSINESSES. | $20,000 |
WOMAN ENTERPRISE DEVELOPMENT CENTER PURPOSE: DONATION FOR THE ANNUAL GALA SUPPORTING WOMEN ENTEPRUNEURS | $500 |
TURKISH INTERNATIONAL MUSIC ENSEMBLE PURPOSE: GALA EVENT SPONSORSHIP. | $500 |
INTERNATIONAL YOUTH FOUNDATION PURPOSE: TO FURTHER TO PURPOSE OF THE ORGANIZATION WHICH IS EXEMPT UNDER 501(C)(3). | $5,000 |
PURCHASE COLLEGE PURPOSE: DONATION FOR THE MONTH OF GIVING EVENT | $5,000 |