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BLACK FAMILY PHILANTHROPIES INC

New york, NY Tax ID: 92-2376636

Black Family Philanthropies Inc, based in New York, focuses on funding local initiatives with significant financial resources and is managed by a board of directors serving without compensation.

About BLACK FAMILY PHILANTHROPIES INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

Black Family Philanthropies Inc is a philanthropic organization based in New York, NY, with a focus on funding initiatives within the state, particularly in New York City and the Bronx. The foundation has significant financial resources, with assets totaling $1,547,839 and annual revenue of $10,214,460, although its expenses are notably high at $3,682,906. The organization is managed by a board of directors, including Alexander Black, Benjamin Black, Joshua Black, Victoria Black, and Michael Ressler, all of whom serve without compensation. Despite the lack of a specified website or detailed subject areas, the foundation's financial activities suggest a robust commitment to supporting local communities.

Focus Areas

-

Geographic Focus

NY

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Key Statistics
Total Assets $1.5M
Total Awarded This Year $3.3M
Average Grant Size $5K
Total Grants (Previous Year) 0
Open to New Applicants
% New Applicants Funded
Contact Information
New york, NY
Geographic Funding Distribution

Financials

Total Assets
$1.5M

+2.6% from previous year

Annual Grants
$3.3M

3 grants awarded in 2024

Expense Ratio
36.1%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$3,000,000NYC HEALTH AND HOSPITALS CORPORATIONCHARITABLE PURPOSESNew york, NY, US2024
$250,000THE OSBORNE ASSOCIATION INCCHARITABLE PURPOSESBronx, NY, US2024
$50,000ROBIN HOOD FOUNDATIONCHARITABLE PURPOSESNew york, NY, US2024

People

Leadership & Staff

Compensation data from most recent available 990 forms

AB

ALEXANDER BLACK

DIRECTOR

$0 2024
BB

BENJAMIN BLACK

DIRECTOR

$0 2024
JB

JOSHUA BLACK

DIRECTOR

$0 2024
VB

VICTORIA BLACK

DIRECTOR

$0 2024
MR

MICHAEL RESSLER

DIRECTOR

$0 2024
Showing 5 of 5 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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