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Blue Ridge Foundation New York

Profile

Last Updated: 2016-02-07

At A Glance

Blue Ridge Foundation New York

(formerly Rubicon Foundation)

150 Court St., 2nd Fl.

Brooklyn, NY United States 11201-6274

Telephone: (718) 923-1400

URL: www.brfny.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2013-11-30)

Assets: $2,034,902

Total giving: $860,549

EIN

137029270

BRIDGE Number

6623231465

Background

Established in 1993 in NY

Purpose and Activities

The grantmaker supports social change strategies that operate in high poverty communities and connect people to the opportunities, resources and support they need to fulfill their full potential. The foundation supports start-up organizations in New York City only, helping to develop organizations by providing opportunities for capacity development.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation has made PRIs to organizations in support of: 1) the development of high quality instructional content that will help close the achievement gap between low-income children and their advantaged peers; 2) facilitiating the enrollment of low-wage workers in Medicaid and other additional public benefits for which they are eligible; 3) development of a tablet-based literacy software for use in classrooms serving low-income students; and 4) helping workers complete industry-aligned curricula, earn credentials and find middle-skill jobs .

Fields of Interest

Subjects
  • Child welfare
  • Community and economic development
  • Economic development
  • Education
  • Employment
  • Venture philanthropy
  • Youth development
Population Groups
  • Academics
  • Children
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2013-11-30

Assets: $2,034,902 (market value)

Gifts received: $2,840,000

Expenditures: $1,784,985

Total giving: $860,549

Qualifying distributions: $2,032,054

Giving activities include:

$860,549 for 20 grants (high: $250,000; low: $250)

$550,000 for 4 loans/program-related investments