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BEACON ISLAND FOUNDATION
NEW YORK, NY · EIN 921014018 · Form 990PF · FY2024 · NTEE T22 · Philanthropy & Grantmaking · Small ($100K-$1M)
revenue
$400K
expenses
$3K
net assets
$833K
employees
—
profile · synthesized from sources

Beacon Island Foundation is a private foundation based in New York that provides financial support to organizations focused on cultural awareness, education, and the development of underrepresented communities. The foundation funds initiatives in arts, engineering education, and individualized learning, primarily through grants to nonprofit partners. It does not appear to conduct direct service programs.

named programs · 4 · from sources

What they call their work

Cultural & Ethnic Awareness Support
Provides financial aid to organizations promoting cultural and ethnic awareness, including grants to CQ Forum Inc and Campbell Hall
Engineering Education Lab Development
Provides financial aid to Nckunaafi to build an engineering lab for educational purposes
Innovative Individualized Learning
Supports the Laurence Fund in advancing individualized learning approaches
Support for Next Generation Asian American Artists
Funds Second Generation Productions to support emerging Asian American writers, actors, and directors
activities · 5 groups

What they do

  • Capital Infrastructure Funding 1 activity
    • Funding educational infrastructure development
      Funds NCKUNAAFI to build an engineering lab for education.
  • University-Specific Endowment and Program Funding 1 activity
    • Funding financial aid and educational publications on cultural differences
      Funds Campbell Hall to provide financial aid for the needy and support educational publications on culture differences.
  • Literacy Program Funding 1 activity
    • Funding innovation in individualized learning
      Funds Laurence Fund to innovate individualized learning approaches.
  • Film Production Funding and Fiscal Sponsorship 1 activity
    • Funding support for Asian American artists and cultural development
      Funds Second Generation Productions to support the next generation of Asian American writers, actors, and directors and cultivate a vibrant community.
  • Uncategorized 1 activity
    • Funding cultural and ethnic awareness programs
      Funds CQ Forum Inc to provide financial aid for cultural and ethnic awareness initiatives.
financials · form 990PF · fy2024
revenue
Total revenue$400K
Contributions & grants$400K100%
Program service revenue——
Investment income$00%
Other revenue—
expenses
Total expenses$3K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits—
Grants paid out$70K
balance sheet
Total assets$833K
Cash—
Investments—
Liabilities—
Net assets$833K
2 years on record · 2023–2024 · YoY revenue -46.7%
relationships · 5

Who they work with

  • CAMPBELL HALL Partner — Receives grants to provide financial aid for the needy and educational publications on culture differences.
  • CQ FORUM INC Partner — Receives grants to provide financial aid for cultural and ethnic awareness.
  • LAURENCE FUND Partner — Receives grants to innovate individualized learning.
  • NCKUNAAFI Partner — Receives grants to build an engineering lab for education.
  • SECOND GENERATION PRODUCTIONS Partner — Receives grants to support the next generation of Asian American writers, actors, and directors.