Overview

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Est.

2021

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Dr. Richard Barnett Foundation Inc is a nonprofit organization focused on providing higher education scholarships and internship opportunities to motivated youth in New York City who possess remarkable potential but face financial barriers. With an operating budget of $226.8K and total revenue of $267.8K, the foundation relies on significant support from major funders, including DONOR ADVISED CHARITABLE GIVING INC and FIDELITY INVESTMENTS CHARITABLE GIFT FUND. The foundation's mission is to inspire and empower young individuals through educational, mental health, and mentorship programs, ensuring they have the resources needed to achieve their dreams.

Mission Statement

THE DR RICHARD BARNETT FOUNDATION IS A NON-PROFIT ORGANIZATION, PROVIDING 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, DRBF STRIVES TO INSPIRE OUR YOUTH TO CHASE THEIR DREAMS AND TO EMPOWER THEM WITH THE RESOURCES AND SUPPORT THEY NEED TO GET THERE.
Revenues
$222.8K
Expenses
$249.7K
Net Income:
-$26.9K
Assets
$198
Liabilities
$23.3K
Net Assets:
-$23.1K
Operating Budget
$249.7K
Operating Budget by Year

Due Diligence

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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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Total No. of Grants
7
Median grant size
$7.5K
Largest grant received
$30K
S
Stephen Baumley
Board Member
D
Dr Richard Barnett
Board Member
M
Michael Schwartz
Board Member
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  • 12 funders
  • 9 board & team members
  • 4 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is DR RICHARD BARNETT FOUNDATION INC’s budget?
In 2024, DR RICHARD BARNETT FOUNDATION INC reported an annual operating budget of around $250 thousand. More detailed financial information is available to registered users.
Where does DR RICHARD BARNETT FOUNDATION INC operate?
DR RICHARD BARNETT FOUNDATION INC is headquartered in New York, NY.
Who funded DR RICHARD BARNETT FOUNDATION INC recently?
In 2024, DR RICHARD BARNETT FOUNDATION INC received grants from Charles Koch Foundation, DONOR ADVISED CHARITABLE GIVING INC, and VIOLA FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant DR RICHARD BARNETT FOUNDATION INC received in 2024?
The largest grant to DR RICHARD BARNETT FOUNDATION INC in 2024 exceeds $30 thousand.