Bti Foundation Inc is located in Linden, NJ. The organization was established in 2018. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bti 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 12/2022, Bti Foundation Inc generated $516.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.5% each year.
Since 2018, Bti Foundation Inc has awarded 68 individual grants totaling $837,530. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yehuda Lefkowitz Director | 0 | $0 | |
Jacob Weiss Director | 0 | $0 | |
Joel Reisman Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $500,000 |
| 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 | $16,025 |
| Total Revenue | $516,025 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,005 |
| Total operating and administrative expenses | $5,005 |
| Contributions, gifts, grants paid | $327,280 |
| Total expenses and disbursements | $332,285 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $507,436 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $10,359 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $250,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,450,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,217,795 |
| 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 |
Over the last fiscal year, Bti Foundation Inc has awarded $327,280 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CHAIM MEDICAL RESOURCE PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $10,000 |
CONG BNAI MOSHE PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $1,000 |
CONG DIVREI YOEL PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $15,000 |
CONG KEREN ELUZOR PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $40,000 |
CONG KEREN MUGEIN IMMISHEYA PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $14,000 |
CONG TORAS CHAYIM PURPOSE: FOR ASSISTANCE TO INDIGENT FAMILIES | $10,000 |