2025-03-31T14:17:33-05:00 2024-06-30 521392008 GELMAN ROSENBERG & FREEDMAN 4550 MONTGOMERY AVE SUITE 800N BETHESDA MD 208142930 990 2023-07-01 463736290 BBYO FUND FOR THE FUTURE INC BBYO 2028576633 529 14TH ST NW 705 WASHINGTON DC 20045 ARYEH FURST CHIEF FINANCIAL OFFICER 2028576633 2025-03-31 1 0 RICHARD J LOCASTRO CPA P00288314 3019519090 2023 2025-03-06 01:10:19Z MATTHEW GROSSMAN 529 14TH ST NW 705 WASHINGTON DC 20045 2170202 0 X WWW.BBYO.ORG X 2013 DC SEE PART III, LINE 1. 6 6 0 0 0 0 1117090 1557497 0 0 167192 1333 0 0 1284282 1558830 115409 0 0 0 0 0 0 0 0 27464 31799 142873 31799 1141409 1527031 8602624 9441668 0 0 8602624 9441668 X THE PURPOSES OF THE BBYO FUND FOR THE FUTURE, INC (THE FUND) IS TO: ACCEPT ENDOWMENTS, REVENUE FROM MATURED PLANNED GIFTS, AND DESIGNATED DONORS; PROVIDE CONSISTENTLY INCREASING (ANNUAL) DISTRIBUTIONS TO BBYO TO CARRY OUT ITS MISSION; TO OVERSEE THE INVESTMENT OF THE FUND'S ASSETS TO OPTIMIZE THE LONG-TERM SUPPORT IT PROVIDES TO BBYO; AND, UPON REQUEST FROM BBYO, TO ISSUE PRUDENT LOANS AND/OR TO MAKE DISTRIBUTIONS TO BBYO FROM THE FUND'S UNRESTRICTED ASSETS. 0 0 THE PURPOSES OF THE FUND ARE TO ACCEPT ENDOWMENTS, REVENUE FROM MATURED PLANNED GIFTS, AND DESIGNATED DONORS; PROVIDE CONSISTENTLY INCREASING (ANNUAL) DISTRIBUTIONS TO BBYO TO CARRY OUT ITS MISSION; TO OVERSEE THE INVESTMENT OF THE FUND'S ASSETS TO OPTIMIZE THE LONG-TERM SUPPORT IT PROVIDES TO BBYO; AND, UPON REQUEST FROM BBYO, TO ISSUE PRUDENT LOANS AND/OR TO MAKE DISTRIBUTIONS TO BBYO FROM THE FUND'S UNRESTRICTED ASSETS. 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 6 6 0 0 0 0 1 1 0 1 0 0 0 1 1 1 1 1 1 0 0 0 X MATTHEW GROSSMAN 2028576633 529 14TH ST NW 705 WASHINGTON DC 20045 X ESTEE PORTNOY CHAIR 1.00 1.00 X X 0 0 0 MAX HELLER BOARD MEMBER 1.00 0.00 X 0 0 0 TED PERLMAN BOARD MEMBER 1.00 0.00 X 0 0 0 STEVEN ROSEN BOARD MEMBER 1.00 0.00 X 0 0 0 EILEEN RUBY BOARD MEMBER 1.00 0.00 X 0 0 0 PHYLLIS TABACHNIK BOARD MEMBER 1.00 0.00 X 0 0 0 0 0 0 0 0 0 0 0 921903 635594 1557497 81574 81574 531131 611372 -80241 -80241 -80241 1558830 0 0 1333 31986 31986 CREDIT CARD FEES -187 -187 31799 0 31799 0 475000 498688 5000 5000 7502952 8680360 619672 257620 8602624 9441668 0 0 X 198688 0 8403936 9441668 8602624 9441668 8602624 9441668 X 1527031 808091 -1240874 -255204 X 0 1 X 1 0 X X 1 B'NAI B'RITH YOUTH ORGANIZATION 311794932 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7361750 1557497 809424 255204 31799 9441668 7065448 1117090 562961 115409 27466 8602624 5318463 2283569 -515950 20634 7065448 2998617 1359956 983181 12799 10492 5318463 2329917 601213 157824 77952 12385 2998617 0.02922 0.76641 0.20437 1 1 1 0 FUNDS HELD BY REGIONAL JEWISH FEDERATIONS 8680360 F 8680360 46631777 808091 44296842 45104933 1526844 31986 31986 1558830 50650895 50651082 50651082 -187 31986 31986 31799 PART V, LINE 4: SUPPORT OF VARIOUS ACTIVITIES, INCLUDING, BUT NOT LIMITED TO, COMMUNITY SERVICE PROJECTS, SUPPORT FOR PARTICIPATION OF TEENS WITH SPECIAL NEEDS, LEADERSHIP TRAINING AND DEVELOPMENT AND JUDAIC STUDY. DURING FISCAL YEAR 2021, BBYO, A RELATED ORGANIZATION, TRANSFERRED ITS ENDOWMENT FUNDS TO BBYO FUND FOR THE FUTURE. PART XI, LINE 2D - OTHER ADJUSTMENTS: REVENUE OF RELATED ORGANIZATION INCLUDED ON THE 44,296,842. CONSOLIDATED FINANCIAL STATEMENTS AND EXCLUDED FROM FORM 990 REPORTING. PART XII, LINE 2D - OTHER ADJUSTMENTS: EXPENSES OF RELATED ORGANIZATION INCLUDED ON THE 50,651,082. CONSOLIDATED FINANCIAL STATEMENTS AND EXCLUDED FROM FORM 990 REPORTING. FORM 990, PART VI, SECTION A, LINE 6 THE FUND'S SOLE MEMBER IS BBYO, INC. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBER HAS THE ABILITY TO APPOINT AND REMOVE THE BOARD OF THE FUND. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES THAT ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS PREPARED BY THE INDEPENDENT ACCOUNTANTS AND REVIEWED BY SENIOR MANAGEMENT. A COPY OF THE RETURN WAS SENT TO THE FULL BOARD FOR REVIEW BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, EACH DIRECTOR, OFFICER, AND EMPLOYEE COMPLETES A DISCLOSURE FORM IDENTIFYING ANY RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH S/HE IS INVOLVED THAT HE OR SHE BELIEVES COULD CONTRIBUTE TO A CONFILCT OF INTEREST. PRIOR TO BOARD ACTION ON A CONTRACT OR TRANSACTION INVOLVING A CONFLICT OF INTEREST, A DIRECTOR OR MEMBER HAVING A CONFLICT OF INTEREST AND WHO IS IN ATTENDANCE AT THE MEETING DISCLOSES ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. SUCH DISCLOSURE ARE REFLECTED IN THE MINUTES OF THE MEETING. IF BOARD MEMBERS ARE AWARE THAT STAFF OR OTHER VOLUNTEERS HAVE A CONFLICT OF INTEREST, RELEVANT FACTS ARE DISCLOSED BY THE BOARD MEMBER OR BY THE INTERESTED PERSON HIM/HERSELF IF INVITED TO THE BOARD MEETING AS A GUEST FOR PURPOSES OF DISCLOSURE. A DIRECTOR OR MEMBER WHO PLANS NOT TO ATTEND A MEETING AT WHICH HE OR SHE HAS REASON TO BELIEVE THAT THE BOARD WILL ACT ON A MATTER IN WHICH THE PERSON HAS A CONFLICT OF INTEREST DISCLOSES TO THE CHAIR OF THE MEETING ALL FACTS MATERIAL TO THE CONFLICT OF INTEREST. THE CHAIR REPORTS THE DISCLOSURE AT THE MEETING AND THE DISCLOSURE IS REFLECTED IN THE MINUTES OF THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST DOES NOT PARTICIPATE NOR BE PERMITTED TO HEAR THE BOARD'S DISCUSSION OF THE MATTER EXCEPT TO DISCLOSE MATERIAL FACTS AND TO RESPOND TO QUESTIONS. THE INTERESTED PERSON WILL NOT ATTEMPT TO EXERT HIS OR HER PERSONAL INFLUENCE WITH RESPECT TO THE MATTER, EITHER AT OR OUTSIDE THE MEETING. A PERSON WHO HAS A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT WILL BE VOTED ON AT A MEETING WILL NOT BE COUNTED IN DETERMINING THE PRESENCE OF A QUORUM FOR PURPOSES OF THE VOTE. THE PERSON HAVING A CONFLICT OF INTEREST MAY NOT VOTE ON THE CONTRACT OR TRANSACTION AND WILL NOT BE PRESENT IN THE MEETING ROOM WHEN THE VOTE IS TAKEN, UNLESS THE VOTE IS BY SECRET BALLOT. SUCH PERSON'S INELIGIBILITY TO VOTE WILL BE REFLECTED IN THE MINUTES OF THE MEETING. INTERESTED PERSONS WHO ARE NOT MEMBERS OF THE BOARD OF DIRECTORS, OR WHO HAVE A CONFLICT OF INTEREST WITH RESPECT TO A CONTRACT OR TRANSACTION THAT IS NOT THE SUBJECT OF BOARD ACTION, WILL DISCLOSE TO THEIR SUPERVISOR, OR THE CHAIR, OR THE CHAIR'S DESIGNEE, ANY CONFLICT OF INTEREST THAT SUCH INTERESTED PERSON HAS WITH RESPECT TO A CONTRACT OR TRANSACTION. SUCH DISCLOSURE IS MADE AS SOON AS THE CONFLICT OF INTEREST IS KNOWN TO THE INTERESTED PERSON. THE INTERESTED PERSON REFRAINS FROM ANY ACTION THAT MAY AFFECT THE ORGANIZATION'S PARTICIPATION IN THE CONTRACT OR TRANSACTION. IN THE EVENT IT IS NOT ENTIRELY CLEAR THAT A CONFLICT OF INTEREST EXISTS, THE INDIVIDUAL WITH THE POTENTIAL CONFLICT DISCLOSES THE CIRCUMSTANCES TO HIS OR HER SUPERVISOR OR THE CHAIR OR THE CHAIR'S DESIGNEE, WHO DETERMINES WHETHER FULL BOARD DISCUSSION IS WARRANTED OR WHETHER THERE EXISTS A CONFLICT OF INTEREST THAT IS SUBJECT TO THIS POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE DAY-TO-DAY ACTIVITIES OF THE ORGANIZATION ARE RUN BY A NON-COMPENSATED BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE ON A CASE-BY-CASE BASIS, SUBJECT TO THE DISCRETION OF THE ORGANIZATION. FORM 990, PART XI, LINE 9: ADJUSTMENT FOR FEDERATION ENDOWMENT FUNDS -255,204. B'NAI B'RITH YOUTH ORGANIZATION 529 14TH ST NW STE 705 WASHINGTON DC 20045 311794932 JEWISH YOUTH ORGANIZATION DC 501(C)(3) LINE 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0