The Business for Good Foundation Inc
The Business for Good Foundation Inc is a public charity based in Saratoga Springs, New York. Formed in 2023, it makes charitable grants and provides financial support to charitable programs, including entrepreneurial support for minority-owned businesses and impact-giving grants to local charitable programs.
The Business for Good Foundation Inc at a glance
In short: The Business for Good Foundation Inc gave $900K across 36 grants in 2024 (avg $25K), mostly in New York. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $899,619
- -26.5% vs 2023
- Grants made (2024)
- 36
- +28.6% vs 2023
- Average grant
- $24,989
- -42.9% vs 2023
- Median grant
- $15,000
- Total assets
- $6,210,653
- +1511.2% vs 2023
- Primary geography
- New York (88% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026.
How to apply to The Business for Good Foundation Inc
- Contact
Mailing address: 605 North Broadway, Saratoga Springs, NY 12866
Phone: (518) 708-9546
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Business for Good Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Ebenezer Salon ($185K). Together the top 10 received $554K.
Grant Size Distribution
64 grants across all recorded years
The most common grant size was under $50K: 52 grants of 64 (81%).
Geographic Focus
Where this funder awards grants
The 2024 grant dollars went primarily to recipients in New York (88%), followed by recipients in Washington, DC (8%), Massachusetts (2%), Oklahoma (1%), and Illinois (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 36 itemized grants.
Cities
How The Business for Good Foundation Inc gives
- 31% of 2024 grantees were also funded in 2023. Method
Estimate from itemized grant lists in IRS Form 990 filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $900K (2024) to $1.2M (2023). In 2024 it made 36 grants totaling $900K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Ebenezer Salon Albany, NY | General Needs | $185,416 |
| The Howard University Washington, DC | General Needs | $70,000 |
| Goodway Gourmet LLC Troy, NY | General Needs | $68,000 |
| Girls Inc of the Greater Capital Region Schenectady, NY | General Needs | $55,000 |
| Mission Accomplished Transition Services Schenectady, NY | General Needs | $40,000 |
| The Giving Circle Inc Saratoga Springs, NY | General Needs | $35,400 |
| Fullness of Joy Photography Albany, NY | General Needs | $25,440 |
| Albany Can Code Inc East Greenbush, NY | General Needs | $25,000 |
| Frank Chapman Memorial Institute Inc Albany, NY | General Needs | $25,000 |
| Maestra Music Inc New York, NY | General Needs | $25,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $6,210,653 | $893,883 | $1,433,976 | $899,619 | 36 |
| 2023 | $385,470 | $2,102,181 | $1,725,902 | $1,224,697 | 28 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation states that it “invests in people to build better businesses, stronger communities, and a more equitable world.” Its program description identifies charitable grantmaking and financial support for charitable programs of varied types, including entrepreneurial support for minority-owned businesses and impact-giving grants to local charitable programs.
The 2024 grants went to organizations with varied missions. For example, Mission Accomplished Transition Services describes its work as preparing young professionals and entrepreneurs for the workforce through coaching, mentoring, and sponsorship. Albany Can Code says it works to build a more inclusive tech talent pipeline and workforce in New York’s Capital Region. Pitney Meadows Community Farm describes its mission as growing food, community, and connection, and educating people about the natural world. These are the grantees’ stated missions, not additional stated focus areas of the foundation.
Grantmaking
In filing year 2024, the foundation reported 36 grants totaling $899,619. Grants ranged from $6,343 to $185,416, with a median grant of $15,000. The largest listed awards included $185,416 to Ebenezer Salon, $70,000 to Howard University, $68,000 to Goodway Gourmet LLC, and $55,000 to Girls Inc. of the Greater Capital Region. The filing listed each grant’s purpose as “general needs.”
Other 2024 grants included $40,000 to Mission Accomplished Transition Services, $25,000 to Albany Can Code, $23,500 to Pitney Meadows Community Farm, and $20,000 each to Thoroughbred Retirement and Rebuilding Together Saratoga County.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Lisa A. Mitzen as president, Edward G. Mitzen as vice president, Dwayne Killings as treasurer, and Angelique Powell as secretary.
The Business for Good Foundation Inc is led by Lisa A. Mitzen, President since 2024 (on filings since 2023); none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Lisa A. Mitzen
President
President & Treasurer → President, 2024
On filings since 2023
1 hr/week
No compensation reported
Edward G. Mitzen
Vice President
On filings since 2023
1 hr/week
No compensation reported
Angelique Powell
Secretary
New on the 2024 filing
1 hr/week
No compensation reported
Dwayne Killings
Treasurer
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (1)
- Former: Grace Mitzen (2023) — Secretary
Data from IRS Form 990 filings, 2023–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Business for Good Foundation Inc
How much does The Business for Good Foundation Inc give each year?
The Business for Good Foundation Inc gave $900K across 36 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.2M across 28 grants.
What is The Business for Good Foundation Inc's typical grant size?
The Business for Good Foundation Inc's median grant in 2024 was $15,000, and its average grant was $24,989, across 36 grants on its 2024 IRS Form 990.
Where does The Business for Good Foundation Inc give grants?
The Business for Good Foundation Inc gives mostly in New York: 88% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was District of Columbia (8%). The most frequent recipient cities were Albany, NY (14 grants), Saratoga Springs, NY (5 grants), Schenectady, NY (3 grants) and New York, NY (2 grants).
Does The Business for Good Foundation Inc give general operating support?
Yes: 100% of The Business for Good Foundation Inc's 2024 grants with a stated purpose (36 of 36) were for general or operating support, per its 2024 IRS Form 990.
Who are The Business for Good Foundation Inc's largest grantees?
The Business for Good Foundation Inc's largest 2024 grantees include Ebenezer Salon ($185,416), The Howard University ($70,000) and Goodway Gourmet LLC ($68,000), according to its 2024 IRS Form 990. Together they received 36% of its itemized 2024 grant dollars.
How large is The Business for Good Foundation Inc?
The Business for Good Foundation Inc reported $6.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $894K.
What does The Business for Good Foundation Inc fund?
The foundation states that it “invests in people to build better businesses, stronger communities, and a more equitable world.” See mission & focus areas ↑
How do I apply for a grant from The Business for Good Foundation Inc?
The Business for Good Foundation Inc has no public application process in the sources Grantable reviewed. Check bfg.org for current guidelines, or contact the foundation directly before submitting a request.
What is The Business for Good Foundation Inc's EIN?
The Business for Good Foundation Inc's EIN (Employer Identification Number) is 32-0712694. IRS Form 990 filing data is available on this page for 2023–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2023–2024
Live grants for the work The Business for Good Foundation Inc funds
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Browse active grant opportunities in The Business for Good Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Business for Good Foundation Inc funder profile. GrantGraph. Retrieved October 23, 2026, from https://grantable.co/funders/the-business-for-good-foundation-inc-morg_4b577926d42f4055a7b1486090510dcd
BibTeX
@misc{grantable_320712694_2026,
author = {{Grantable}},
title = {{The Business for Good Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-business-for-good-foundation-inc-morg_4b577926d42f4055a7b1486090510dcd},
note = {Accessed 2026-10-23. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Business for Good Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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