//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
The Broeksmit Family Foundation Inc. is a private corporation based in ALBANY, NY. The foundation received its IRS ruling in 2018. The principal officer is Alla Broeksmit. It holds total assets of $649K. Annual income is reported at $44K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in New York and Virginia. According to available records, The Broeksmit Family Foundation Inc. has made 22 grants totaling $124K, with a median grant of $5K. Annual giving has decreased from $80K in 2022 to $44K in 2023. Individual grants have ranged from $1K to $13K, with an average award of $6K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in New York and District of Columbia and Maine. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$2K
Average Grant
$6K
Largest Grant
$21K
Based on 7 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.
The Broeksmit Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 22 grants. Its grantmaking reaches organizations primarily in NY, DC, ME.
The Broeksmit Family Foundation Inc. has distributed a total of $124K across 22 grants. The median grant size is $5K, with an average of $6K. Individual grants have ranged from $1K to $13K.
The Broeksmit Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
The Broeksmit Family Foundation Inc. is headquartered in ALBANY, NY. While based in NY, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alessa Hess | DIRECTOR | $0 | $0 | N/A |
| Katherine Broeksmit | DIRECTOR | $0 | $0 | N/A |
| Alla Broeksmit | PRESIDENT | $0 | $0 | N/A |
Total Giving
$53K
Total Assets
$675K
Fair Market Value
$743K
Net Worth
$675K
Grants Paid
$44K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$35K
Total: N/A
Total Grants
22
Total Giving
$124K
Average Grant
$6K
Median Grant
$5K
Unique Recipients
12
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| William A Farnsworth Library And Art Museum IncGENERAL CHARITABLE NEEDS | Rockalnd, ME | $13K | 2023 |
| New York Studio SchoolGENERAL CHARITABLE NEEDS | New York, NY | $10K | 2023 |
| Solomon R Guggenheim FoundationGENERAL CHARITABLE NEEDS | New York, NY | $10K | 2023 |
| Tate Americas FoundationGENERAL CHARITABLE NEEDS | New York, NY | $8K | 2023 |
| Brick Presbyterian Church UaGENERAL CHARITABLE NEEDS | New York, NY | $2K | 2023 |
| Metropolitan Opera Association IncGENERAL CHARITABLE NEEDS | New York, NY | $1K | 2023 |
| The Soloman R Guggenheim MuseumGENERAL CHARITABLE NEEDS | New York, NY | $10K | 2022 |
| World Central KitchenGENERAL CHARITABLE NEEDS | Washingdon, DC | $10K | 2022 |
| New York Studio School Of Drawing Painting & SculpGENERAL CHARITABLE NEEDS | New York, NY | $5K | 2022 |
| Brick Presbyterian ChurchGENERAL CHARITABLE NEEDS | New York, NY | $2K | 2022 |
| The Metropolitan OperaGENERAL CHARITABLE NEEDS | New York, NY | $1K | 2022 |
| American Foundation For Suicide PreventionGENERAL CHARITABLE NEEDS | New York, NY | $1K | 2022 |