BT Charitable Foundation is a private foundation based in Short Hills, New Jersey. Established in 2021, it operates as a 501(c)(3) non-operating foundation that makes grants to preselected charitable organizations across the United States.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.0M
+17.0% YoY
Annual Giving
$1.7M
+51.1% YoY
Grant Count
27
+200.0% YoY
Avg Grant Size
$64K
-49.6% YoY
Under IRS private-foundation payout rules, Bt Charitable Foundation reported a distributable amount of $531K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary funding areas include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Operational support for nonprofit organizations
- Disaster relief and emergency response
- STEM programming and science education
- Youth education initiatives
Grantmaking
The foundation awards grants for operational support, disaster relief efforts, STEM programming, science research mentoring, and materials exploration work.
Grant Range
$5,000 to $300,000
Average Grant
amount: $98,000
Grant Types
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Massachusetts
- New York
- New Jersey
- California
- North Carolina
These states account for approximately 94% of all grants awarded.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue:
- Total assets: $11,027,663
- Total revenue: $3,406,069
- Total expenses: $1,800,727
- Annual giving rate: 16.8%
Financial Trends:
- Total assets grew from $3 million in 2020 to $9.4 million in 2023
- Investment income and dividends: $284,119 (2023)
- Annual giving decreased from $1.9 million in 2022 to $1.1 million in 2023
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,027,663 | $9,422,321 | $10,402,207 |
| Revenue | $3,406,069 | $285,030 | $4,281,371 |
| Expenses | $1,800,727 | $1,264,916 | $1,088,931 |
| Qualifying Distributions | $1,718,544 | $1,147,239 | $950,175 |
| Net Investment Income | $283,886 | $235,108 | $1,622,629 |
| Distributable Amount | $530,900 | $505,517 | $402,035 |
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
56 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include American Friends of the Weizmann Institute - Dr Hanna's Lab ($150,000), California Institute of Technology - Dr Kimberly See Laboratory ($150,000), Massachusetts Institute of Technology - Collins Lab ($150,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN FRIENDS OF THE WEIZMANN INSTITUTE - DR HANNA'S LAB NEW YORK, NY | TO SUPPORT AND EXPAND THE HANNA LAB AT THE WEIZMANN INSTITUTE OF SCIENCE. | $150,000 |
| AMERICAN MUSEUM OF NATURAL HISTORY NEW YORK, NY | TO SUPPORT THE SCIENCE RESEARCH MENTORING PROGRAM (SRMP) AND THE MASTERS OF ARTS AND TEACHING (MAT) PROGRAM. | $50,000 |
| BEAM CENTER JACKSONVILLE BEACH, FL | TO SUPPORT THE MATERIALS EXPLORATION WORK READINESS PROGRAMMING. | $25,000 |
| BROOKLYN PUBLIC LIBRARY PHILADELPHIA, PA | TO SUPPORT THE EXPANSION OF THE BROOKLYN ROBOTICS LEAGUE. | $55,000 |
| CALIFORNIA INSTITUTE OF TECHNOLOGY - DR KIMBERLY SEE LABORATORY PASADENA, CA | TO SUPPORT SEE LABORATORY'S NEXT GEN BATTERY RESEARCH. | $150,000 |
| COMMUNITY FOUNDATION OF HENDERSON COUNTY HENDERSONVILLE, NC | TO SUPPORT RELIEF EFFORTS RELATED TO HURRICANE HELENE. | $10,000 |
| COMMUNITY FOUNDATION OF WESTERN NC EMERGENCY AND DISASTER RESPONSE FUND ASHEVILLE, NC | TO SUPPORT RELIEF EFFORTS RELATED TO HURRICANE HELENE. | $10,000 |
| FEEDING AVERY FAMILIES BANNER ELK, NC | TO SUPPORT RELIEF EFFORTS RELATED TO HURRICANE HELENE. | $10,000 |
| FOOD BANK OF CENTRAL AND EASTERN NC RALEIGH, NC | TO SUPPORT RELIEF EFFORTS RELATED TO HURRICANE HELENE. | $10,000 |
| FOOTHILLS FOOD HUB MARION, NC | TO SUPPORT RELIEF EFFORTS RELATED TO HURRICANE HELENE. | $10,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Brian Tepper – President & Director (1 hour/week)
- Randi Tepper – Vice President (1 hour/week)
- Larry Rogers – Secretary & Treasurer (1 hour/week)
All three serve without compensation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRIAN TEPPER | PRESIDENT & DIRECTOR | 1 | — |
| RANDI TEPPER | VICE PRESIDENT | 1 | — |
| LARRY ROGERS | SECRETARY & TREASURER | 1 | — |
Contact Information
Address: CO Appaloosa LP, 51 JFK Parkway, 250B, Short Hills, NJ 07078
Phone: (973) 597-2446
EIN: 85-4281104
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Bt Charitable Foundation fund?
The foundation's primary funding areas include: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services • Operational support for nonprofit organizations • Disaster relief and emergency response • STEM programming and science education • Youth education initiatives
How do I apply for a grant from Bt Charitable Foundation?
**Grant Activity:** • Total grants awarded: 39 grants (as of most recent filing) • Total giving: $1,718,544 • Grant range: $5,000 to $300,000 • Median grant amount: $114,625 • Average grant amount: $98,000 **Recent Grant Recipients (2023-2024):** • California Institute of Technology ($150,000 for operational support) • The Lower Eastside Girls Club ($40,000 for operational support) • NYC First ($35,000 for operational support) • Massachusetts Institute of Technology's Zhang Lab **Grant Types:**…
Where does Bt Charitable Foundation make grants?
The foundation primarily funds organizations in: • Massachusetts • New York • New Jersey • California • North Carolina These states account for approximately 94% of all grants awarded.
What size grants does Bt Charitable Foundation award?
In 2024, Bt Charitable Foundation awarded 27 grants totaling $1.7M — an average of about $64K per grant, based on its IRS Form 990 filings.
How much is Bt Charitable Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bt Charitable Foundation reported a distributable amount of $531K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bt Charitable Foundation's EIN?
Bt Charitable Foundation's EIN (Employer Identification Number) is 85-4281104. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bt 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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