Mission
PROVIDES SCHOLARSHIPS TO STUDENTS IN NEED. DURING 2019, 9 RECEPIENTS WERE AWARDED A TOTAL OF $13,500 AND WERE ACKNOWLEDGE IN A SPECIAL FUNCTION.
Public Charity
PORTER FOUNDATION INC
PORTER FOUNDATION INC, of Brooklyn, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2019 filing shows $42K in revenue, $30K in expenses, $359K in total assets.
EIN: 113155440
Brooklyn, NY
Professional Societies & Associations
NTEE: A03
Latest filing: 2019
Total Revenue$42K
Total Expenses$30K
Total Assets$359K
Grant Records0
Filing Years2017–2019
Where $100 goes at Porter Foundation Inc
How Porter Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.
$49
Programs
the work itself
$13
Management
running the organization
$38
Fundraising
raising the next dollar
Inside the $49 for programs
$49
During 2019, 9 recepients were awarded scholarships totalling $ 13,500 and were acknowledged in a special function
Source: Form 990 filings with the IRS, latest fiscal year 2019. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Officers & Directors
PRESIDENT
Alfred Porter
FINANCIAL SECRETARY
Alfred Porter Jr
VICE PRESIDENT
Doris Porter
SECRETARY
Keisha Spivey
TREASURER
Sean Porter
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2019 | $42K | $30K | $359K |
| 2018 | $60K | $54K | $361K |
| 2017 | $50K | $43K | $367K |
Between 2017 and 2019, reported annual revenue declined from $50K to $42K (-17%), with total assets most recently reported at $359K.
Interactive year-over-year charts and full filing details available with membership.