Building Foundations Inc

NEW YORK, NY EIN: 80-0338779

Building Foundations Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2K in total assets. In 2025, it awarded 4 grants totaling $27K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$2K

+0.0% YoY

Annual Giving

$27K

+40.5% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$7K

-29.7% YoY

Under IRS private-foundation payout rules, Building Foundations Inc reported a distributable amount of $122 for 2025 — the minimum it must pay out in qualifying distributions.

About Building Foundations Inc

Based on IRS filings

Building Foundations Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $2K in total assets. In 2025, it awarded 4 grants totaling $27K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

BaltimoreCoral GablesCranfordMontclairNew YorkWest Long Branch

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$9K$18K$27K$35K202020212022202320242025
Metric202520242023
Total Assets$2,481$2,481$2,481
Revenue$26,717$19,011$32,200
Expenses$26,717$19,011$32,200
Qualifying Distributions$26,717$19,011$32,200
Net Investment Income
Distributable Amount$122$122$122

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$16K$24K$32K0 grants20200 grants20210 grants20224 grants20232 grants20244 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

MONMOUTH UNIVERSITY$10KMONTCLAIR UNIVERSITY$6KUNION COLLEGE OF UNION C…$6KJOHN HOPKINS UNIVERSITY$5K

Grant Size Distribution

10 grants across all recorded years

10<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Monmouth University ($10,000), Montclair University ($5,989), Union College of Union County Nj ($5,728).

RecipientPurposeAmount
MONMOUTH UNIVERSITY WEST LONG BRANCH, NJSCHOLARSHIP$10,000
MONTCLAIR UNIVERSITY MONTCLAIR, NJSCHOLARSHIP$5,989
UNION COLLEGE OF UNION COUNTY NJ CRANFORD, NJSCHOLARSHIP$5,728
JOHN HOPKINS UNIVERSITY BALTIMORE, MDSCHOLARSHIP$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
ADAM LEITMAN BAILEYDIRECTOR, AS1
RAY HARRISONDIRECTOR, AS1
JENNIFER LEITMAN BAILEYDIRECTOR, AS1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Building Foundations Inc?

Building Foundations Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $2K in total assets as of 2025.

How large is Building Foundations Inc?

As of 2025, Building Foundations Inc holds $2K in total assets with $27K in annual revenue. It awarded 4 grants totaling $27K in 2025.

Where does Building Foundations Inc operate?

Building Foundations Inc has awarded grants in Florida, Maryland, New Jersey, New York.

What size grants does Building Foundations Inc award?

In 2025, Building Foundations Inc awarded 4 grants totaling $27K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Building Foundations Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Building Foundations Inc reported a distributable amount of $122 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Building Foundations Inc's EIN?

Building Foundations Inc's EIN (Employer Identification Number) is 80-0338779. IRS Form 990 filing data is available on this page for 2020–2025.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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