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BAC LOCAL 2 NYVT CHARITABLE FUND INC
ALBANY, NY · EIN 932370004 · Form 990EZ · FY2024 · NTEE T12 · Philanthropy & Grantmaking · Micro (<$100K)
revenue
$15K
expenses
$2K
net assets
$35K
employees
—
mission · from form 990

THE PURPOSE OF THE CHARITABLE FUND IS TO RAISING FUNDS AND MAKING DISTRIBUTIONS OF SUCH FUNDS TO RELIGIOUS, EDUCATIONAL, SCIENTIFIC, LITERARY, MEDICAL AND OTHER ORGANIZATIONS THAT ARE OPERATED IN THE PUBLIC INTEREST AND QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE. NOTWITHSTANDING THE FOREGOING AND WITHOUT LIMITATION THEREOF, THE CORPORATION MAY GRANT SCHOLARSHIPS FOR THE PURPOSE OF HELPING ELIGIBLE YOUNG MEN AND WOMEN ACHIEVE A COLLEGE EDUCATION AS WELL AS MAKE ASSISTANCE GRANTS TO INDIVIDUALS IN NEED.

profile · synthesized from sources

BAC Local 2 NYVT Charitable Fund Inc is a grantmaking organization based in Albany, New York. Its purpose is to raise funds and distribute them to qualified 501(c)(3) organizations in religious, educational, scientific, and medical fields, as well as provide scholarships and assistance grants to individuals in need.

named programs · 2 · from sources

What they call their work

Assistance Grants to Individuals
Offers financial assistance grants to individuals in need
Scholarship Program
Provides scholarships to eligible young men and women pursuing a college education
activities · 3 groups

What they do

  • Church and Congregation-Based Financial Aid 1 activity
    • Funding assistance grants to individuals in need
      Provides direct financial aid to individuals facing hardship through a grant program designed to offer relief and support. These grants are awarded to help meet basic needs and improve well-being.
  • General Operating Support Grants 1 activity
    • Funding grants to 501(c)(3) organizations in religious, educational, scientific, literary, and medical fields
      Provides financial support to tax-exempt organizations operating in religious, educational, scientific, literary, and medical sectors. This activity involves distributing funds to qualified 501(c)(3) entities to further charitable purposes in these fields.
  • Local High School Scholarship Programs 1 activity
    • Funding scholarships for college education
      Provides financial assistance in the form of scholarships to eligible young men and women pursuing higher education. The program supports access to college through direct awarding of funds to students in need.
financials · form 990EZ · fy2024
revenue
Total revenue$15K
Contributions & grants$15K100%
Program service revenue——
Investment income——
Other revenue—
expenses
Total expenses$2K
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits—
Grants paid out—
balance sheet
Total assets$35K
Cash—
Investments—
Liabilities—
Net assets$35K
1 years on record · 2024–2024
leadership · form 990 part vii · fy2024

Who runs it

board members · 1
  • PASQUALE TIRINO — UNION TRUSTEE
strategies · 1

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.