Overview
What is Building Charters Fund Inc?
Building Charters Fund Inc is a nonprofit organization, established to aid and collaborate with other charities that support the development of charter schools' facilities. Based in New York, specifically at 180 Varick Street 141, the organization received $64 million in funding from the Facilities Investment Fund in 2022 to serve 2,967 students in Georgia, New York, Texas, and Washington. Their mission involves providing technical assistance and capital funding from private and philanthropic sources to enhance high-performing public charter schools' facilities. This funding enables these schools to cater to a larger student population, thereby promoting quality education in their respective communities.
Is Building Charters Fund Inc legitimate?
Building Charters Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Building Charters Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Building Charters Fund Inc?
Building Charters Fund Inc's mission is to offer technical assistance and financial support from private and philanthropic sources for the development of facilities for high-performing public charter schools. This organization was established to fulfill the functions and carry out the purposes of Civic Builders, Inc., a New York not-for-profit corporation, National Association of Charter School Authorizers, a Colorado not-for-profit corporation, and other qualified public charities that support charter school facilities as designated by BCF's members and board of directors from time to time.
Who is the CEO of Building Charters Fund Inc?
Buddy Philpot is the President of Building Charters Fund Inc.
What is the revenue of Building Charters Fund Inc?
Building Charters Fund Inc's revenue in 2022 was $4,870,506.
Who are the executives of Building Charters Fund Inc and what are their salaries?
There 3 volunteers at Building Charters Fund Inc.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Building Charters Fund Inc?
Building Charters Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Building Charters Fund Inc
Building Charters Fund Inc, as established, is dedicated to providing technical assistance and securing capital funding from private and philanthropic sources. This nonprofit organization's mission is to support facility developments of high-performing public charter schools. It operates under the umbrella of several qualified public charities, such as Civic Builders, Inc. and the National Association of Charter School Authorizers, among others, as designated by its board of directors from time to time. The primary goal of Building Charters Fund Inc is to aid in the development of state-of-the-art facilities for these charter schools, ultimately contributing to their continued success and academic excellence.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Building Charters Fund Inc significantly enhances the educational landscape by providing crucial financial support and technical expertise for the development of high-performing public charter school facilities. In 2022, the organization committed approximately $64 million to six new projects, resulting in enhanced learning environments for nearly 3,000 students across Georgia, New York, Texas, and Washington. This investment not only supports existing charter schools but also fosters the growth of new educational opportunities, ensuring that students have access to quality facilities. By leveraging private and philanthropic funding, Building Charters Fund Inc plays a vital role in advancing educational equity and improving the quality of education in underserved communities.
This information is meant to be a general summary of Building Charters Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $4,452
- Program Service Revenue: $4,866,054
- Gross Receipts: $4,870,506
Assets and Liabilities:
- Total Assets: $127,614,696
- Total Liabilities: $127,223,621
- Net Assets: $391,075
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PGRM RELATED INTEREST
Revenue
$4,282,821
PGRM LOAN FEE INCOME
Revenue
$583,233
Organization Details
Founding Year
2017
Phone
(212) 571-7260Principal Officer
Buddy Philpot
Main Address
180 VARICK STREET 1414, NEW YORK, NY, 10014
NTEE Category
Code: P20 - Human services
If you are a representative of Building Charters Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.