DR RICHARD BARNETT FOUNDATION INC

DR RICHARD BARNETT FOUNDATION INC

New York, NY, US
501(c)3
EIN
85-0862224

DR RICHARD BARNETT FOUNDATION INC

New York, NY, US
501(c)3
EIN
85-0862224

Overview

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Est.

2021

Fiscal Year Start

Jan 1

Organization Type

Grantseeker
AI Summary
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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 have significant potential but limited financial resources. With an operating budget of $249.7K and total revenue of $222.8K for the filing year 2024, the foundation emphasizes educational, mental health, and mentorship programming to empower young individuals to pursue their dreams. The organization does not rely on a single funder for 50% or more of its revenue.

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

6

Median grant size
$18.8K
Largest grant received
$30K
S
Stephen Baumley
Board Member
D
Dr Richard Barnett
Board Member
M
Michael Schwartz
Board Member

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 DONOR ADVISED CHARITABLE GIVING INC, VIOLA FOUNDATION INC, and CHARLES KOCH FOUNDATION. 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.
Overview
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