AI Summary
The Capital Foundation of New York Inc is dedicated to enhancing student services by promoting entrepreneurship through educational activities, notably by administering the NY Business Plan Competition, which features regional competitions across New York. With an operating budget of $302.5K and total revenue of $268.8K for the 2024 filing year, the organization relies on significant support from funders such as COMMUNITY FOUNDATION BOULDER COUNTY and THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC, neither of which contributes over 50% of its revenue.
Mission Statement
The Capital Foundation of NY has been formed to produce and administer educational activities related to entrepreneurship and advancing entrepreneurial pursuits. The Capital Foundation of New York is the administrator and producer of the NY Business Plan Competition, a NY intercollegiate entrepreneurship competition, providing experiential education for students interested in entrepreneurship. There are 10 regional competitions in each region in New York State, where competitors apply and compete at a competition that is judged by local business leaders. Finalists from each of several tracks advance to statewide final competition where they compete for prize money and recognition.
Cause Areas
1
Student services
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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Frequently Asked Questions
What is CAPITAL FOUNDATION OF NEW YORK INC’s budget?
In 2024, CAPITAL FOUNDATION OF NEW YORK INC reported an annual operating budget of around $303 thousand. More detailed financial information is available to registered users.
What causes does CAPITAL FOUNDATION OF NEW YORK INC support?
CAPITAL FOUNDATION OF NEW YORK INC supports work in Student services.
Where does CAPITAL FOUNDATION OF NEW YORK INC operate?
CAPITAL FOUNDATION OF NEW YORK INC is headquartered in New Paltz, NY.
Who funded CAPITAL FOUNDATION OF NEW YORK INC recently?
In 2022, CAPITAL FOUNDATION OF NEW YORK INC received grants from COMMUNITY FOUNDATION BOULDER COUNTY and THE COMMUNITY FOUNDATION FOR THE GREATER CAPITAL REGION INC. More information on this organization’s funders is available to registered users.
What is the largest grant CAPITAL FOUNDATION OF NEW YORK INC received in 2022?
The largest grant to CAPITAL FOUNDATION OF NEW YORK INC in 2022 exceeds $33 thousand.
What is CAPITAL FOUNDATION OF NEW YORK INC’s reliance on government grants?
CAPITAL FOUNDATION OF NEW YORK INC relied on government grants for more than 55% of their total revenue in 2024.