Beatrice and Roy Backus Foundation Inc

SOMERS, NY EIN: 13-3442922

Beatrice and Roy Backus Foundation Inc is a private foundation, based in SOMERS, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $137K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+8.3% YoY

Annual Giving

$50K

+0.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$50K

+0.0% YoY

Under IRS private-foundation payout rules, Beatrice and Roy Backus Foundation Inc reported a distributable amount of $58K for 2024 — the minimum it must pay out in qualifying distributions.

About Beatrice and Roy Backus Foundation Inc

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

New York $250K (100%)

States

New York

Cities

BronxNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,071,450	$988,963	$1,026,630
Revenue	$147,283	$34,078	$66,376
Expenses	$70,956	$71,224	$72,595
Qualifying Distributions	$59,996	$59,996	$59,996
Net Investment Income	$137,287	$24,082	$53,240
Distributable Amount	$58,299	$52,322	$54,205

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Albert Einstein College of Medicine ($50,000).

Recipient	Purpose	Amount
ALBERT EINSTEIN COLLEGE OF MEDICINE BRONX, NY	MEDICAL RESEARCH,PARKINSONS DISEASE	$50,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
INGE T STEPHENS	PRESIDENT	30	$19,992
CHRISTOPHER H STEPHENS	DIRECTOR SECRETARY	4	—
TOD CHRISTIE 2 SADDLE RIVE LANE PAR	DIRECTOR	4	—
MERIELLE M STEPHENS	DIRECTOR	4	—

Frequently Asked Questions

How large is Beatrice and Roy Backus Foundation Inc?

As of 2024, Beatrice and Roy Backus Foundation Inc holds $1.1M in total assets with $147K in annual revenue. It awarded 1 grants totaling $50K in 2024.

Where does Beatrice and Roy Backus Foundation Inc operate?

Beatrice and Roy Backus Foundation Inc has awarded grants in New York.

What size grants does Beatrice and Roy Backus Foundation Inc award?

In 2024, Beatrice and Roy Backus Foundation Inc awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.

How much is Beatrice and Roy Backus Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Beatrice and Roy Backus Foundation Inc reported a distributable amount of $58K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Beatrice and Roy Backus Foundation Inc's EIN?

Beatrice and Roy Backus Foundation Inc's EIN (Employer Identification Number) is 13-3442922. IRS Form 990 filing data is available on this page for 2020–2024.