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Nybdc Charitable Foundation Inc. is a private corporation based in ALBANY, NY. The foundation received its IRS ruling in 2001. The principal officer is % Robert W Lazar President. It holds total assets of $4.3M. Annual income is reported at $1.1M. THE NYBDC CHARITABLE FOUNDATION FUNDS DIRECTOR MATCHING GIFTS AND DIRECTOR DIRECTED GIFTS FOR NEW YORK BUSINESS DEVELOPMENT CORPORATION AND, ITS AFFILIATE, EMPIRE STATE CERTIFIED DEVELOPMENT CORPORATION. THE FOUNDATION FUNDS ADDITIONAL CHARITABLE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS AT THE DISCRETION OF THE FOUNDATION'S BOARD. According to available records, Nybdc Charitable Foundation Inc. has made 15 grants totaling $767K, with a median grant of $23K. Annual giving has decreased from $171K in 2020 to $133K in 2023. Grantmaking activity was highest in 2022 with $304K distributed across 6 grants. Individual grants have ranged from $12K to $129K, with an average award of $51K. The foundation has supported 3 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
THE NYBDC CHARITABLE FOUNDATION FUNDS DIRECTOR MATCHING GIFTS AND DIRECTOR DIRECTED GIFTS FOR NEW YORK BUSINESS DEVELOPMENT CORPORATION AND, ITS AFFILIATE, EMPIRE STATE CERTIFIED DEVELOPMENT CORPORATION. THE FOUNDATION FUNDS ADDITIONAL CHARITABLE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS AT THE DISCRETION OF THE FOUNDATION'S BOARD.
Expenses: $21K
THE NYBDC CHARITABLE FOUNDATION FUNDS OTHER SPECIAL GRANTS TO RELIEVE UNEMPLOYMENT, PROVIDE FOR MAXIMUN EMPLOYMENT, ENHANCE JOB OPPORTUNITIES, ASSIST IN LOCATING NEW BUSINESS AND INDUSTRY, AND PROMOTES THE BUSINESS PROSPERITY AND ECONOMIC WELFARE OF NEW YORK STATE.
Expenses: $129K
THE NYBDC CHARITABLE FOUNDATION FUNDS DIRECTOR MATCHING GIFTS AND DIRECTOR DIRECTED GIFTS FOR NEW YORK BUSINESS DEVELOPMENT CORPORATION AND, ITS AFFILIATE, EMPIRE STATE CERTIFIED DEVELOPMENT CORPORATION. THE FOUNDATION FUNDS ADDITIONAL CHARITABLE CONTRIBUTIONS TO OTHER 501(C)(3) ORGANIZATIONS AT THE DISCRETION OF THE FOUNDATION'S BOARD. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in NY.
Nybdc Charitable Foundation Inc. has distributed a total of $767K across 15 grants. The median grant size is $23K, with an average of $51K. Individual grants have ranged from $12K to $129K.
Nybdc Charitable Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Nybdc Charitable Foundation Inc. is headquartered in ALBANY, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeffrey M Levy | DIRECTOR | $0 | $0 | $0 |
| Patrick J Mackrell | DIRECTOR | $0 | $0 | $0 |
| James J Byrnes | DIRECTOR | $0 | $0 | $0 |
| Herbert G Chorbajian | DIRECTOR | $0 | $0 | $0 |
| Robert W Lazar | DIRECTOR | $0 | $0 | $0 |
Total Giving
$150K
Total Assets
$3.5M
Fair Market Value
$3.5M
Net Worth
$3.5M
Grants Paid
$133K
Contributions
$145K
Net Investment Income
$91K
Distribution Amount
$160K
Total: $2.2M
Total Grants
15
Total Giving
$767K
Average Grant
$51K
Median Grant
$23K
Unique Recipients
3
Most Common Grant
$12K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Various Charitable Entities - Director Directed Gifts-Under 5000VARIOUS DIRECTOR DIRECTED GIFTS (ALL $2,500 OR LESS) | Albany, NY | $98K | 2023 |
| Other Charitable GiftsOTHER GRANTS | Albany, NY | $23K | 2023 |
| Various Charitable Entities - Director Matching Gifts-Under 5000VARIOUS DIRECTOR MATCHING GIFTS (ALL $2,500 OR LESS) | Albany, NY | $13K | 2023 |
| Thomas F Goldrick Jr |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Daryl Forsythe | DIRECTOR | $0 | $0 | $0 |
| Gary Berner | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
NEWPORT BEACH, CA
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