The Bunim Fund
SUPPORTS THE MISSION OF UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK, INC.
IRS Tax Year 2023
Period ending June 30, 2024
Total Revenue
$10K
Total Expenses
$48K
Net Assets
$1.2M
Employees
0
Grants Paid
$47K
Program Expense Ratio
99.4%
This nonprofit profile presents IRS Form 990 tax filing data for The Bunim Fund (EIN: 13-4091263), based on the 2023 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
The Bunim Fund is a 501(c)(3) nonprofit headquartered in NEW YORK, NY, founded in 1999. It is classified under NTEE code T30 (Public Foundations), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2000. In its 2023 filing, the organization reported $10K in total revenue, a 97.8% decrease from the prior year, and $48K in total expenses. WILLIAM D SAMERS, TRUSTEE, is the highest-compensated individual at $390,528. The organization runs 1 program, totaling $47K in program expenses. 5 of 6 recommended governance policies are in place.
The Bunim Fund is classified under NTEE code T30 (Public Foundations), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 17.
Programs(Tax Year 2023)
1 record
The Bunim Fund operates 1 program, with total program expenses of $47K. The Bunim Fund's largest program accounts for 100% of total program spending.
GRANTS ARE MADE TO UJA-FEDERATION, AND OTHER TAX EXEMPT ORGANIZATIONS IN FURTHERANCE OF UJA-FEDERATION OF NEW YORK'S CHARITABLE PURPOSES.
Financial Overview(Tax Years 2020–2023)
4 records
Over the past 4 years, The Bunim Fund's revenue has declined from $20K to $10K, a 51.1% decrease. Program expenses represent 99% of total spending.
Revenue decreased 97.8% year-over-year, while expenses grew 19.8%. net assets rose to $1.2M, up 14.1% from the prior year.
The Bunim Fund derives 100% from investment income.
The Bunim Fund allocates 99% to programs, 1% to management and general.
Revenue declined by 97.8% and expenses grew by 19.8% year over year.
The Bunim Fund distributed $47K in grants to other organizations and individuals, representing 99% of total expenses.
Over 4 filings from 2020–2023, The Bunim Fund declined revenue from $20K to $10K (-51.1%) while maintaining a program expense ratio of 99%.
The Bunim Fund holds $1.2M in total assets against $0 in liabilities (debt-to-asset ratio of 0%). The organization has 298.1 months of operating reserves. Cash and equivalents of $3K cover approximately 0.7 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2023 | $10K | $0 | $0 | $0 | $10K |
| 2022 | $450K | $0 | $0 | $0 | $450K |
| 2021 | $12K | $0 | $0 | $0 | $12K |
| 2020 | $20K | $0 | $0 | $0 | $20K |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2023 | $48K | $47K | $300 | $0 | $47K |
| 2022 | $40K | $40K | $125 | $0 | $40K |
| 2021 | $56K | $56K | $167 | $0 | $56K |
| 2020 | $40K | $40K | $257 | $0 | $40K |
Program Expense Ratio
99.4%
Admin Expense Ratio
0.6%
Fundraising Efficiency
—
Operating Reserve
298.1 mo
People & Compensation(Tax Year 2023)
5 records
The Bunim Fund reported compensation for 5 officers and key employees. Total officer compensation was $631K, representing 1324.7% of total expenses.
The Bunim Fund's highest-compensated individual received $391K in total compensation. Total officer compensation of $631K represents 1324.7% of total expenses.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| WILLIAM D SAMERS | TRUSTEE | Director | 1.00 | $0 | $321,484 | $390,528 |
| STANLEY BAUMBLATT | SECRETARY/TREASURER/TRUSTE | OfficerDirector | 1.00 | $0 | $193,560 | $240,020 |
| ALAN A NADEL | PRESIDENT/TRUSTEE | OfficerDirector | — | $0 | $0 | $0 |
| LAWRENCE GOTTLIEB | TRUSTEE | Director | — | $0 | $0 | $0 |
| SHIRA NADEL | TRUSTEE | Director | — | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
STANLEY BAUMBLATT
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
WILLIAM D SAMERS
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Governance & Compliance(Tax Year 2023)
The Bunim Fund has 5 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 5 members, 3 of whom are independent.
The Bunim Fund's financial statements are audited, an audit committee oversees the process.
The Bunim Fund has family or business relationships among officers, directors, or key employees.
Policies & Oversight
Audit & Financial Oversight
Grants Awarded(Tax Year 2023)
1 record
The Bunim Fund awarded $32K across 1 grant to organizations. Top recipients include UJA-FEDERATION OF NEW YORK (NEW YORK, NY) — $32K for grant to supported organization.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| UJA-FEDERATION OF NEW YORK510172429 | NEW YORK, NY | $32K | GRANT TO SUPPORTED ORGANIZATION |
Filing History(Tax Years 2000–2023)
4 records
Showing the 4 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2023 | 990 | 2023-07-01 – 2024-06-30 | $10K | $48K | $1.2M |
| 2022 | 990 | 2022-07-01 – 2023-06-30 | $450K | $40K | $1.0M |
| 2021 | 990 | 2021-07-01 – 2022-06-30 | $12K | $56K | $853K |
| 2020 | 990 | 2020-07-01 – 2021-06-30 | $20K | $40K | $937K |
| 2000–2019 | No filings acquired yet | ||||
Frequently Asked Questions
What does The Bunim Fund do?
SUPPORTS THE MISSION OF UNITED JEWISH APPEAL-FEDERATION OF JEWISH PHILANTHROPIES OF NEW YORK, INC.
How much revenue does The Bunim Fund have?
The Bunim Fund reported $9,915 in total revenue for tax year 2023, down 97.8% from the prior year.
Who is the highest-paid executive at The Bunim Fund?
WILLIAM D SAMERS, TRUSTEE, received $390,528 in total compensation as of tax year 2023.
Is The Bunim Fund a 501(c)(3)?
Yes, The Bunim Fund is classified as a 501(c)(3) tax-exempt organization.
Where is The Bunim Fund located?
The Bunim Fund is headquartered in NEW YORK, NY 100221302.
What type of nonprofit is The Bunim Fund?
The Bunim Fund is classified under NTEE code T30 (Public Foundations), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.
Is The Bunim Fund audited?
Yes, The Bunim Fund's financial statements are audited, and the organization has an audit committee.
Does The Bunim Fund give grants?
Yes, The Bunim Fund distributed $47,300 in grants to other organizations and individuals in tax year 2023. Top recipients include UJA-FEDERATION OF NEW YORK.
Data Source
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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