Overview

Sign up for

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

BEST FOUNDATION INC is a nonprofit organization focused on educational management, dedicated to providing services that help students enhance their academic performance through afterschool homework assistance and other educational initiatives. In 2022, the organization operated with a budget of $14.7K and generated total revenue of $15.3K, with a significant portion of its funding, $19.2K, coming from an undisclosed source, indicating a reliance on a single funder for over 50% of its revenue. The foundation's mission underscores its commitment to enriching the educational experiences of students.

Mission Statement

TO PROVIDE EDUCATIONAL SERVICES FOR HELPING STUDENTS ENRICH THEIR ACADEMIC LEVELS, AFTERSCHOOL HOMEWORK HELP AND VARIOUS
Revenues
$15.3K
Expenses
$14.7K
Net Income:
+$588
Assets
$2.7K
Liabilities
$2.4K
Net Assets:
+$254
Operating Budget
$14.7K
Operating Budget by Year

Due Diligence

Are you a grantmaker?
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
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
plg-image
plg-image
Go beyond basic verification
Instantly get 50+ financial health and governance metrics, including LUNA.
Total No. of Grants
1
Median grant size
$2.5K
Largest grant received
$2.5K
M
Moiling Chan
Board Member
A
Alex Chan
Board Member
S
Sui Tong Tang
Board Member

Frequently Asked Questions

What is BEST FOUNDATION INC’s budget?
In 2022, BEST FOUNDATION INC reported an annual operating budget of around $15 thousand. More detailed financial information is available to registered users.
What causes does BEST FOUNDATION INC support?
BEST FOUNDATION INC supports work in Educational management.
Where does BEST FOUNDATION INC operate?
BEST FOUNDATION INC is headquartered in Fresh Meadows, NY.
Who funded BEST FOUNDATION INC recently?
In 2023, BEST FOUNDATION INC received grants from THE TOOLAN FAMILY FOUNDATION INC and THE TOOLAN FAMILY FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant BEST FOUNDATION INC received in 2023?
The largest grant to BEST FOUNDATION INC in 2023 exceeds $2,500.