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Ygbl Foundation Inc. is a private corporation based in BROOKLYN, NY. The foundation received its IRS ruling in 2011. The principal officer is Henry J Guindi. It holds total assets of $11.4M. Annual income is reported at $4M. Total assets have grown from $856K in 2011 to $11.4M in 2024. The foundation is governed by 2 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 2015 to 2024. According to available records, Ygbl Foundation Inc. has made 4 grants totaling $4.8M, with a median grant of $1.2M. Annual giving has grown from $642K in 2020 to $2.4M in 2022. Individual grants have ranged from $642K to $1.7M, with an average award of $1.2M. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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.
Ygbl Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in NY.
Ygbl Foundation Inc. has distributed a total of $4.8M across 4 grants. The median grant size is $1.2M, with an average of $1.2M. Individual grants have ranged from $642K to $1.7M.
Ygbl Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Ygbl Foundation Inc. is headquartered in BROOKLYN, NY.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Henry J Guindi | Director | $0 | $0 | N/A |
| Helen Guindi | Director | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$11.4M
Fair Market Value
N/A
Net Worth
$11.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
4
Total Giving
$4.8M
Average Grant
$1.2M
Median Grant
$1.2M
Unique Recipients
1
Most Common Grant
$1.2M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schedule AttachedSEE ATTACHEDRELIGIOUS AND EDUCATIONAL ASSISTANCE | Schedule Attached, NY | $1.2M | 2022 |