NonprofitsDr Richard Barnett Foundation Inc

Dr Richard Barnett Foundation Inc

NEW YORK, NY

Total revenue

$223K

Total expenses

$250K

Net assets

Grants received

$341K

19 grants

EIN

850862224

Tax year

2024

Mission

The dr. Richard barnett foundation is a non-profit organization whose goal is to provide higher-education scholarships and internship opportunities to motivated new york city youth with incredible potential but limited financial resources. Through extensive educational, mental health, and mentorship programming, the drbf strives to inspire our youth to chase their dreams and to empower them with the resources and support they need to get there.

Financials

FY 2024

Revenue

Contributions & grants$164K
Program service revenue
Investment income$86
Other revenue$58K
Total revenue$223K

Expenses

Grants paid
Salaries & benefits$89K
Fundraising
Other expenses$160K
Total expenses$250K
Total assets$198
Net assets

People

7 listed

NameRoleCompensation

STEPHEN BAUMLEY

EXECUTIVE DIRECTOR

Board

$72K

40 hrs/wk

DR RICHARD BARNETT

PRESIDENT

Board

$19K

2 hrs/wk

SENATOR BILL BRADLEY

BOARD MEMBER

Board

0

JOE DEPAOLO

BOARD MEMBER

Board

0

MICHAEL SCHWARTZ

BOARD MEMBER

Board

0

DAVID JORDAN JR

BOARD MEMBER

Board

0

ANDREW CORRADO

BOARD MEMBER

Board

0

Grants received

Showing 19 of 19

FromAmountPurposeYear
$30K
General operating support
2024
$8K
HIGHER EDUCATION SCHOLARSHIP AND INTERNSHIP PROGRAMS
2024
$6K
EDUCATION
2024
$30K
UNRESTRICTED
2023
$30K
PUBLIC, SOCIETAL BENEFIT
2023
$25K
HIGHER EDUCATION SCHOLARSHIP AND INTERNSHIP PROGRAMS
2023
$8K
COMMUNITY & HUMAN SERVICES
2023
$25K
GENERAL PURPOSE
2022
$15K
PUBLIC, SOCIETAL BENEFIT
2022
$15K
For grant recipient's exempt purposes
2022
$42K
For grant recipient's exempt purposes
2021
$42K
For grant recipient's exempt purposes
2021
$25K
GENERAL PURPOSE
2021
$10K
GENERAL SUPPORT
2021

Funded by

$341K from 12 funders · 19 grants · 2021–2024

Fidelity Investments Charitable Gift Fund

$98K · 3 grants · 2021–2022

The Fridolin Charitable Trust

$83K · 4 grants · 2021–2024

Donor Advised Charitable Giving Inc

$45K · 2 grants · 2022–2023

Charles Koch Foundation

$30K · 1 grant · 2024

Viola Foundation Inc

$30K · 1 grant · 2023

The Stanley & Vivian Bernstein

$10K · 2 grants · 2023–2024

Penelope And Ed Peskowitz Eolp Inc

$10K · 1 grant · 2022

Details

EIN850862224
Subsection03
Ruling date2020-10
Formed2021
Employees1
Volunteers20
DR RICHARD BARNETT FOUNDATION INC — Mission, Financials & Grants Received | Grantivo