Public Charity

DR RICHARD BARNETT FOUNDATION INC

DR RICHARD BARNETT FOUNDATION INC, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $268K in revenue, $227K in expenses, $24K in total assets. 10 publicly reported grants to this organization, totaling roughly $198K, appear in IRS filings.

EIN: 850862224 NEW YORK, NY Latest filing: 2025
Total Revenue$268K
Total Expenses$227K
Total Assets$24K
Grant Records10
Funding Total$198K
Filing Years2021–2025

Mission

THE DR. RICHARD BARNETT FOUNDATION IS A NON-PROFIT ORGANIZATION WHOSE GOAL IS TO PROVIDE HIGHER-EDUCATION SCHOLARSHIPS AND INTERNSHIP OPPORTUNITIES TO MOTIVATED NEW YORK CITY YOUTH WITH INCREDIBLE POTENTIAL BUT LIMITED FINANCIAL RESOURCES. THROUGH EXTENSIVE EDUCATIONAL, MENTAL HEALTH, AND MENTORSHIP PROGRAMMING, THE DRBF STRIVES TO INSPIRE OUR YOUTH TO CHASE THEIR DREAMS AND TO EMPOWER THEM WITH THE RESOURCES AND SUPPORT THEY NEED TO GET THERE.

Officers & Directors

BOARD MEMBER Andrew Corrado
BOARD MEMBER David Jordan Jr
PRESIDENT Dr Richard Barnett
BOARD MEMBER Joe Depaolo
BOARD MEMBER Scott Farber
BOARD MEMBER Senator Bill Bradley

Officer compensation and complete director data available with membership.

Top Grant Purposes

For grant recipient's exempt purposes
$109,800 4 grants
PUBLIC, SOCIETAL BENEFIT
$65,000 3 grants
GENERAL SUPPORT
$10,000 1 grant
COMMUNITY & HUMAN SERVICES
$7,850 1 grant
EDUCATION
$5,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $268K $227K $24K
2024 $223K $250K $198
2023 $234K $279K $27K
2022 $552K $616K $50K
2021 $217K $105K $113K

Between 2021 and 2025, reported annual revenue grew from $217K to $268K (+23%), with total assets most recently reported at $24K.

Interactive year-over-year charts and full filing details available with membership.

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