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Binitie Family Foundation is a private corporation based in WASHINGTON, DC. The foundation received its IRS ruling in 2017. The principal officer is Buwa Binitie. It holds total assets of $25K. Annual income is reported at $46K. Total assets have decreased from $94K in 2019 to $25K in 2023. The foundation is governed by 3 officers and trustees. The foundation builds stronger communities by investing inyouth, education, the arts, and in organizations thatrevitalize and provide critical services to neighborhoodswhere we live and work. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in District of Columbia. According to available records, Binitie Family Foundation has made 8 grants totaling $55K, with a median grant of $5K. The foundation has distributed between $25K and $30K annually from 2021 to 2023. Individual grants have ranged from $3K to $15K, with an average award of $7K. The foundation has supported 8 unique organizations. Grants have been distributed to organizations in District of Columbia and New York. Contributions to this foundation are tax-deductible.
Smallest Grant
$3K
Median Grant
$4K
Average Grant
$6K
Largest Grant
$15K
Based on 4 grants from the most recent 990-PF filing.
The foundation builds stronger communities by investing in youth, education, the arts, and in organizations that revitalize and provide critical services to neighborhoods where we live and work.
Expenses: $34K
The foundation builds stronger communities by investing inyouth, education, the arts, and in organizations thatrevitalize and provide critical services to neighborhoodswhere we live and work. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in DC, NY.
Binitie Family Foundation has distributed a total of $55K across 8 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $3K to $15K.
Binitie Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Binitie Family Foundation is headquartered in WASHINGTON, DC. While based in DC, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Omabuwa Binitie | PRESIDENT - BOARD MEMBER | $0 | $0 | N/A |
| Corey Powell | SECRETARY - TREASURER - BOARD MEMBER | $0 | $0 | N/A |
| Chinwe Binitie | BOARD MEMBER | $0 | $0 | N/A |
Total Giving
$36K
Total Assets
$25K
Fair Market Value
$10K
Net Worth
$19K
Grants Paid
$30K
Contributions
$46K
Net Investment Income
N/A
Distribution Amount
$464
Total Grants
8
Total Giving
$55K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
8
Most Common Grant
$5K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The People Who Care ProjectFORESEEABLE FUTURES TRAINING PROGRAM | Washington, DC | $10K | 2023 |
| Equally Crafted Management LlcDONATION TOY DRIVE | Washington, DC | $10K | 2023 |
| The Osborne Association2023 ANNUAL BENEFIT | Bronx, NY | $5K | 2023 |
| Dc Central Kitchen IncBRINING THE KICTHEN HOME CAMPAIGN - PROVIDE JOB OPPORTUNITIES AND HEALTHY FOOD | Washington, DC | $5K | 2023 |
| Build Metro DcPAYMENT FOR COMMUNITY PROGRAM | Washington, DC | $15K | 2021 |
| Run Hope WorkPAYMENT FOR COMMUNITY PROGRAM | Washington, DC | $5K | 2021 |
| Global Scholars FoundationPAYMENT FOR COMMUNITY PROGRAM | Washington, DC | $3K | 2021 |
| Watkins Hornets Youth AssociationPAYMENT FOR COMMUNITY PROGRAM | Washington, DC | $3K | 2021 |