BRIGHTWAY EDUCATION FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- BRIGHTWAY EDUCATION FOUNDATION (EIN 92-1776353)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-09-25
- IRS object ID
- 202502689349101100
- Schema version
- 2024v5.2
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Schedule B
- Depreciation Schedule
- General Explanation Attachment
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-09-25T07:28:46-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 3333 New Hyde Park Rd Ste 406 | AddressLine1Txt |
| City | New Hyde Park | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 921776353 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Brightway Education Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | BRIG | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David Landau | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2025-09-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $894,429 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $800,742 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $16,456 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $16,456 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,773 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $233,269 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $121,663 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $818,971 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $138,119 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $150,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $150,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $12,763 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $12,763 | PensionEmplBnftDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $10,718 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $10,718 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,800 | TaxesRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $1,093 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,093 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $1,070 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $1,070 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $12,232 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $12,232 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $189,676 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $187,876 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $0 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $0 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $189,676 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $187,876 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $629,295 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $138,119 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $265,134 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $894,429 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $894,429 | SavAndTempCashInvstEOYFMVAmt |
| Total Assets BOY | $265,134 | TotalAssetsBOYAmt |
| Total Assets EOY | $894,429 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $894,429 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $265,134 | RetainedEarningBOYAmt |
| Retained Earning EOY | $894,429 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $265,134 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $894,429 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $265,134 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $894,429 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $265,134 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $629,295 | ExcessRevenueOverExpensesAmt |
| Subtotal | $894,429 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $894,429 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $233,269 | GrossSalesPriceAmt |
| Cost Or Other Basis | $111,606 | CostOrOtherBasisAmt |
| Gain Or Loss | $121,663 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $121,663 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $121,663 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,920 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $1,920 | SubtotalAmt |
| Tax Based On Investment Income | $1,920 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,809 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $200 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $2,009 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $89 | OverpaymentAmt |
| Applied To ES Tax | $89 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David Landau | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Dir, Pres, Sec, Treas | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | YEVGENIYA BULAYEVSKAYA | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | FOUNDATION SOURCE | AddressLine1Txt |
| City | WILMINGTON | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19809 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | DIR OF PHILANTHROPY | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 28.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $150,000 | CompensationAmt |
| Employee Benefits | $12,763 | EmployeeBenefitsAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,054 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $435,921 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $437,975 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $437,975 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $6,570 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $431,405 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $21,570 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $21,570 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,920 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,920 | TotalTaxAmt |
| Distributable Before Adj | $19,650 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $19,650 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $19,650 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $187,876 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $187,876 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $19,650 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr1 | $388,746 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $388,746 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $187,876 | QualifyingDistributionsAmt |
| Applied To Current Year | $19,650 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $168,226 | RemainingDistriFromCorpusAmt |
| Total Corpus | $556,972 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $205,000 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov To Next Yr | $351,972 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $183,746 | ExcessFromYear1Amt |
| Excess From Current Year | $168,266 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | David Landau | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $16,456 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Dividends And Interest From Sec Dtl | DividendsAndInterestFromSecDtl | |
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,773 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $18,229 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $18,229 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (15 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| Akradi Bahram | |||||||
| 1 | PO Box 439 | St Bonifacius | MN | 55375 | $10,000 | Yes (X) | |
| BCI Brands LLC | |||||||
| 2 | c/o Ariel Chaus 55 Walls Drive | Fairfield | CT | 06824 | $50,000 | Yes (X) | |
| Chirico Emanuel | |||||||
| 3 | 46 Northway | Bronxville | NY | 10708 | $50,000 | Yes (X) | |
| Coallier Donna | |||||||
| 4 | 55 Walls Drive | Fairfield | CT | 06824 | $25,000 | Yes (X) | |
| Criteser Patrick | |||||||
| 5 | 1075 NW Northrup St Unit 2712 | Portland | OR | 97209 | $24,536 | Yes (X) | |
| Howard Phil | |||||||
| 6 | 2150 W Northwest Hwy 114-1136 | Grapevine | TX | 76051 | $100,000 | Yes (X) | |
| Kay Rachel | |||||||
| 7 | 7 Milford Close | White Plains | NY | 10606 | $25,513 | Yes (X) | |
| KIRKLAND ELLIS FOUNDATION | |||||||
| 8 | c/o Chris Torrente 3 Dennis Ct | Woodcliff Lake | NJ | 07677 | $99,245 | Yes (X) | |
| Landau David | |||||||
| 9 | 9 Colonial Road | White Plains | NY | 10605 | $124,404 | Yes (X) | |
| Lasher Stuart | |||||||
| 10 | 55 Walls Drive | Fairfield | CT | 06824 | $10,000 | Yes (X) | |
| Levy Becky | |||||||
| 11 | 57 Old Farms Road | Woodcliff Lake | NJ | 07677 | $32,044 | Yes (X) | |
| Schweiger Eric | |||||||
| 12 | 5 East 22nd Street 16J | New York | NY | 10010 | $24,999 | Yes (X) | |
| The Cooper Family Foundation | |||||||
| 13 | 944 SE Atlantic Dr | Lantana | FL | 33462 | $25,000 | Yes (X) | |
| The Julie Martin Franklin Family | |||||||
| 14 | 500 South Pointe Drive Suite 240 | Miami Beach | FL | 33139 | $100,000 | Yes (X) | |
| Torrente Chris | |||||||
| 15 | 3 Dennis Ct | Woodcliff Lake | NJ | 07677 | $100,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (6 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 5 | COSTCO WHOLESALE CORPORATION COST, 29 sh. | $24,536 | 2024-06-24 |
| 7 | VANGUARD S&P 500 ETF VOO, 50 sh. | $25,513 | 2024-07-08 |
| 9 | PROGRESSIVE CORP OHIO PGR, 300 sh. | $62,600 | 2024-04-16 |
| 9 | GENERAL ELECTRIC CO GE, 400 sh. | $61,804 | 2024-04-16 |
| 11 | TESLA MOTORS INC TSLA, 70 sh. | $32,044 | 2024-12-18 |
| 12 | TECHNOLOGY SPDR XLK, 105 sh. | $24,999 | 2024-12-12 |
Depreciation Schedule DepreciationSchedule
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| Form 990-PF, Part XII, Line 7 | Form 990-PF, Part XII, Line 7 - Election to Treat Unused Prior Year Corpus | Pursuant to Treasury Regulations 53.4942(a)-3(c)(2)(iv), Brightway Education Foundation hereby elects to treat, as a current distribution out of corpus, the following unused prior years' distributions that were treated as corpus distributions under Regulation 53.4942(a)-3(d)(1)(iii) in such prior tax year: Tax Year: 2023 Amount: $205,000 TOTAL Amount: $205,000 By: DAVID LANDAU Title: PRESIDENT |
| Part XII, Line 7 (990-PF) | Part XII, Line 7 (990-PF) | Brightway Education Foundation (the "Foundation") received a grant of $205,000 in the taxable year ending 2023 from The Cooper Family Foundation, The Julie and Martin Franklin Family Foundation, and The Starker Family Foundation, private non-operating foundations. As reported in Part XII, Line 7, the Foundation hereby elects to treat $205,000 of 2023 qualifying distributions as distributions out of corpus to satisfy the requirements imposed by Internal Revenue Code Section 4942(g)(3) and Treasury Regulations Section 53.4942(a)-3(c)(2). See attached election to treat $205,000 of 2023 qualifying distributions as current distributions out of corpus. Additionally, as required, the Foundation has no remaining undistributed income for 2024. |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| Administrative Fees | $10,532 | $10,532 |
| DIGITAL SUBSCRIPTIONS | $655 | $655 |
| State or Local Filing Fees | $25 | $25 |
| Website Hosting/Support | $1,020 | $1,020 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Website Development | CategoryTxt |
| Amt | $10,718 | Amt |
| Disbursements Charitable Prps | $10,718 | DisbursementsCharitablePrpsAmt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (9 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| BCI Brands LLC | |||
| c/o Ariel Chaus 55 Walls Drive | Fairfield | CT | 06824 |
| Chirico Emanuel | |||
| 46 Northway | Bronxville | NY | 10708 |
| Criteser Patrick | |||
| 1075 NW Northrup St Unit 2712 | Portland | OR | 97209 |
| Kay Rachel | |||
| 7 Milford Close | White Plains | NY | 10606 |
| KIRKLAND ELLIS FOUNDATION | |||
| c/o Chris Torrente 3 Dennis Ct | Woodcliff Lake | NJ | 07677 |
| Levy Becky | |||
| 57 Old Farms Road | Woodcliff Lake | NJ | 07677 |
| CHIRICO JOANNE | |||
| 46 Northway | BRONXVILLE | NY | 10708 |
| CRITESER MONICA | |||
| 1075 NW Northrup St Unit 2712 | PORTLAND | OR | 97209 |
| KAY MICHAEL | |||
| 7 Milford Close | WHITE PLAINS | NY | 10606 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | 990-PF Estimated Tax for 2024 | CategoryTxt |
| Amt | $1,800 | Amt |
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