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PURSUIT CHARITABLE FOUNDATION INC F/K/A NYBDC CHARITABLE FOUNDATION INC

LATHAM, NY · EIN 141834499 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$610K
expenses
$27K
net assets
$4.8M
employees
profile · synthesized from sources

PURSUIT CHARITABLE FOUNDATION INC, formerly NYBDC Charitable Foundation Inc, is a private foundation based in Latham, NY, focused on grantmaking. It distributes funds primarily through director-directed, employee-directed, and matching grants to various charitable entities, with individual grants typically under $3,000. The foundation does not appear to run direct programs, instead supporting other nonprofits through financial gifts.

named programs · 3 · from sources

What they call their work

Director Matching Gifts
Matches charitable contributions made by directors, with individual grants under $3,000
Director-Directed Grants
Provides small grants (typically under $3,000) to charitable entities as directed by board directors
Employee-Directed Grants
Allocates funds to charities selected by related-party employees of the foundation
activities · 2 groups

What they do

  • General Operating Support Grants 2 activities
    • Funding grants directed by board members
      Funds grants directed by board members to various charitable entities, with individual grants of $3,000 or less.
    • Funding matching grants based on director contributions
      Funds matching grants based on contributions made by directors, with individual grants of $3,000 or less.
  • Uncategorized 2 activities
    • Funding grants directed by related-party employees
      Funds grants directed by employees who are related parties to charitable entities.
    • Funding unclassified charitable grants
      Provides other charitable grants not classified under specific director or employee-directed categories.
financials · form 990PF · fy2024
revenue
Total revenue$610K
Contributions & grants$230K38%
Program service revenue
Investment income$146K24%
Other revenue$234K
expenses
Total expenses$27K
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$0
Grants paid out$235K
balance sheet
Total assets$4.86M
Cash
Investments
Liabilities
Net assets$4.84M
6 years on record · 2019–2024 · YoY revenue +28.8%
leadership · form 990 part vii · fy2024

Who runs it

board members · 9
  • CHRISTOPHER LEVY — DIRECTOR
  • GARY BERNER — DIRECTOR
  • JAMES J BYRNES — DIRECTOR
  • JEFFREY KENEFICK — DIRECTOR
  • JEFFREY M LEVY — DIRECTOR
  • MICHAEL PUGH — DIRECTOR
  • PATRICK J MACKRELL — DIRECTOR
  • ROBERT W LAZAR — DIRECTOR
  • THOMAS F GOLDRICK JR — DIRECTOR
relationships · 4

Who they work with

  • OTHER CHARITABLE GIFTS Partner — Receives unclassified charitable grants from the foundation.
  • RELATED PARTY EMPLOYEE DIRECTED GRANTS Partner — Receives grants directed by employees who are related parties of the foundation.
  • VARIOUS CHARITABLE ENTITIES - DIRECTOR DIRECTED GIFTS-UNDER 5000 Partner — Receives grants directed by the foundation's board members.
  • VARIOUS CHARITABLE ENTITIES - DIRECTOR MATCHING GIFTS-UNDER 5000 Partner — Receives matching grants based on contributions made by the foundation's directors.
strategies · 3

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.