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Bt Charitable Foundation is a private corporation based in SHORT HILLS, NJ. The foundation received its IRS ruling in 2021. The principal officer is % Co Appaloosa Management Lp. It holds total assets of $11M. Annual income is reported at $4.1M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bt Charitable Foundation has made 31 grants totaling $3M, with a median grant of $40K. Annual giving has decreased from $1.9M in 2022 to $1.1M in 2023. Individual grants have ranged from $5K to $300K, with an average award of $98K. The foundation has supported 12 unique organizations. The foundation primarily supports organizations in Massachusetts, California, New York, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Bt Charitable Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in MA, CA, NY.
Bt Charitable Foundation has distributed a total of $3M across 31 grants. The median grant size is $40K, with an average of $98K. Individual grants have ranged from $5K to $300K.
Bt Charitable Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bt Charitable Foundation is headquartered in SHORT HILLS, NJ. While based in NJ, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brian Tepper | PRESIDENT & DIRECTOR | $0 | $0 | $0 |
| Larry Rogers | SECRETARY & TREASURER | $0 | $0 | $0 |
| Randi Tepper | VICE PRESIDENT | $0 | $0 | $0 |
Total Giving
$1.3M
Total Assets
$9.4M
Fair Market Value
$10.1M
Net Worth
$9.4M
Grants Paid
$1.1M
Contributions
$0
Net Investment Income
$235K
Distribution Amount
$506K
Total: $9M
Total Grants
31
Total Giving
$3M
Average Grant
$98K
Median Grant
$40K
Unique Recipients
12
Most Common Grant
$150K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Massachusetts Institute Of Technology - Jameel ClinicOPERATIONAL SUPPORT. | Cambridge, MA | $300K | 2023 |
| Massachusetts Institute Of Technology - Tsai LabOPERATIONAL SUPPORT. | Cambridge, MA | $250K | 2023 |
| Massachusetts Institute Of Technology - Nuclear Reactor LabOPERATIONAL SUPPORT. | Cambridge, MA | $150K | 2023 |
| California Institute Of TechnologyOPERATIONAL SUPPORT. | Pasadena, CA | $150K | 2023 |
| Massachusetts Institute Of Technology - Zhang LabOPERATIONAL SUPPORT. | Cambridge, MA |
| $150K |
| 2023 |
| Lower Eastside Girls ClubOPERATIONAL SUPPORT. | New York, NY | $40K | 2023 |
| Boys & Girls Club Of HarlemOPERATIONAL SUPPORT. | New York, NY | $35K | 2023 |
| Nyc FirstOPERATIONAL SUPPORT. | New York, NY | $35K | 2023 |
| Code NationOPERATIONAL SUPPORT. | New York, NY | $25K | 2023 |
| Lower Eastside Girls Club'S Lamarr - Lovelace LabOPERATIONAL SUPPORT. | New York, NY | $10K | 2022 |
| Stem Kids NycOPERATIONAL SUPPORT. | North Bergen, NJ | $10K | 2022 |
| Girls Who CodeOPERATIONAL SUPPORT. | New York, NY | $5K | 2022 |
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