BBL Charitable Foundation is a corporate foundation based in Albany, New York, established in 1999. It is affiliated with BBL Construction Services LLC and operates as a 501(c)(3) organization. The foundation primarily supports charitable causes through cash donations to nonprofit organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$159K
-17.6% YoY
Annual Giving
$195K
-49.5% YoY
Grant Count
30
-52.4% YoY
Avg Grant Size
$6K
+6.1% YoY
Under IRS private-foundation payout rules, Bbl Charitable Foundation reported a distributable amount of $10K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding focus areas include:
- Education
- Human Services
- Philanthropy, Voluntarism & Grantmaking
- Science and STEM Education
The foundation has demonstrated support for organizations serving seniors, healthcare, and community services.
Grantmaking
The foundation distributes funds primarily through direct cash donations to selected nonprofit organizations.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New York
- Florida
- New Jersey
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent Financial Data (FY 2023):
- Total Assets: $192,571
- Total Revenues: $247,346
- Total Expenses: $386,480
- Total Giving: $194,700 (2024 reporting)
Staffing:
- 0 employees
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $158,607 | $192,571 | $331,705 |
| Revenue | $160,786 | $247,346 | $311,108 |
| Expenses | $194,750 | $386,480 | $199,258 |
| Qualifying Distributions | $194,700 | $385,500 | $198,608 |
| Net Investment Income | $5,770 | — | — |
| Distributable Amount | $9,627 | $12,995 | $15,163 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
171 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Adventhealth Wesley Chapel Foundation ($30,000), The Foundation of St Mary's Healthcare ($25,000), The Northern Rivers Family of Services ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALZHEIMER'S ASSOCIATION OF NE NY ALBANY, NY | SUPPORT | $10,000 |
| CAPITAL DISTRICT YMCA ALBANY, NY | SUPPORT | $5,000 |
| COLONIE SENIOR SERVICES CENTER INC ALBANY, NY | SUPPORT | $5,000 |
| LIBERTY FOUNDATION AMSTERDAM, NY | SUPPORT | $5,000 |
| ROUNDABOUT RUNNERS CLUB MALTA, NY | SUPPORT | $1,000 |
| SEAT CENTER SCHENECTADY, NY | SUPPORT | $10,000 |
| SIDNEY ALBERT ALBANY JCC ALBANY, NY | SUPPORT | $500 |
| SIENA COLLEGE LOUDONVILLE, NY | SUPPORT | $10,000 |
| SOCK OUT CANCER BINGHAMTON, NY | SUPPORT | $5,000 |
| ST GREGORY'S SCHOOL LOUDONVILLE, NY | SUPPORT | $12,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| STEPHEN OBERMAYER | DIRECTOR | — | — |
| KEVIN GLEASON | DIRECTOR | — | — |
Contact Information
Address: PO Box 12789 Albany, NY 12212-2789
Telephone: 518-452-8200
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Bbl Charitable Foundation fund?
The foundation's primary funding focus areas include: • Education • Human Services • Philanthropy, Voluntarism & Grantmaking • Science and STEM Education The foundation has demonstrated support for organizations serving seniors, healthcare, and community services.
How do I apply for a grant from Bbl Charitable Foundation?
**Grant Activity:** • Made 63 grants in the most recent reporting period • Typical grant awards range from $200 to $85,000 • Total giving reported at $385,500 (recent fiscal year) **Recent Grant Recipients (2023):** • Colonie Senior Services Centers: $85,000 • American Heart Association: $25,000 • The Foundation of St. Mary's Healthcare: $25,000 • Additional 38+ grants totaling approximately $281,000 The foundation distributes funds primarily through direct cash donations to selected nonprofit …
Where does Bbl Charitable Foundation make grants?
The foundation primarily funds organizations in: • New York • Florida • New Jersey
What size grants does Bbl Charitable Foundation award?
In 2024, Bbl Charitable Foundation awarded 30 grants totaling $195K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Bbl Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bbl Charitable Foundation reported a distributable amount of $10K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bbl Charitable Foundation's EIN?
Bbl Charitable Foundation's EIN (Employer Identification Number) is 14-1810413. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bbl Charitable Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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