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Bitar Foundation is a private corporation based in NEW YORK, NY. The foundation received its IRS ruling in 2008. The principal officer is George A Bitar. It holds total assets of $1.7M. Annual income is reported at $734K. Total assets have grown from $26K in 2011 to $1.7M in 2023. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in New York and Connecticut. According to available records, Bitar Foundation has made 16 grants totaling $196K, with a median grant of $8K. Individual grants have ranged from $1K to $31K, with an average award of $12K. The foundation has supported 8 unique organizations. The foundation primarily supports organizations in New York, Connecticut, New Jersey, which account for 88% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
$410
Median Grant
$4K
Average Grant
$8K
Largest Grant
$30K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bitar Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in NY, CT, NJ.
Bitar Foundation has distributed a total of $196K across 16 grants. The median grant size is $8K, with an average of $12K. Individual grants have ranged from $1K to $31K.
Bitar Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (263263340) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Bitar Foundation is headquartered in NEW YORK, NY. While based in NY, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| George A Bitar | TRUSTEE | $0 | $0 | N/A |
| Claudia Fleming | TRUSTEE/TREASURER | $0 | $0 | N/A |
| Salim Haddad | TRUSTEE | $0 | $0 | N/A |
Total Giving
$143K
Total Assets
$1.7M
Fair Market Value
$2.4M
Net Worth
$1.7M
Grants Paid
$127K
Contributions
N/A
Net Investment Income
$68K
Distribution Amount
$115K
Total Grants
16
Total Giving
$196K
Average Grant
$12K
Median Grant
$8K
Unique Recipients
8
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Social & Economic Action For Lebanon IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | New York, NY | $31K | 2022 |
| Lycee Francais De New YorkTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | New York, NY | $31K | 2022 |
| Worldwide OrphansTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | New York, NY | $15K | 2022 |
| Search And Care IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | New York, NY | $10K | 2022 |
| Steep Rock Association IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Washington Depot, CT | $5K | 2022 |
| Gunn Memorial Library IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Washington, CT | $3K | 2022 |
| Jamhour Alumni UsTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Clark, NJ | $3K | 2022 |
| Givengain Foundation UsaTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Boston, MA | $1K | 2022 |