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New York · Nonprofit

Bedford Stuyvesant Restoration Corporation

Bedford Stuyvesant Restoration Corporation (New York) receives grants from 65 organizations whose IRS filings report $14,031,776 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,871,038). 39 of them have funded it in more than one year.

Revenue FY2025
$8.1M
Funders on record
65
Grants received
$14M
Net assets
$22M
39/65 repeat funderspeak grant-dependency 35%
01What it does

What Bedford Stuyvesant Restoration Corporation does

Mission

The nation's first community development organization, partners with community residents, leaders and businesses to improve the quality of life of Central Brooklyn by fostering economic self suffiency, enhancing family stability and growth, promoting arts and culture and transforming the community into a safe, vibrant place to live, work and visit.

As stated on its FY2025 Form 990.

Programs

  1. Workforce and Economic Development - Through its workforce development initiative the organization is able to provide a continuum of job preparedness and placement services to assist Community residents to enter or re-enter the workplace. Additionally, the organization is partnering with community businesses and leaders in providing services that foster a clean, safe and vibrant business district in Bedford Stuyvesant and Central Brooklyn.

    $4,088,814 spent
    53% of program spending
  2. COMMERCIAL REVITALIZATION - The organization is engaged in facilitating the expansion and enhancement of business in underserved communities to combat urban decay and to create jobs and business opportunities.

    $1,914,999 spent
    25% of program spending
  3. Weatherization Assistance and Energy Conservation - Through this program the organization has been weatherizing resdential units of low income and elderly tenants to reduce fuel consumption and conserve energy for nearly thirty years. In addition to the reduction in energy consumption the program provides an economic benefit to community- based contractors and sellers of construction material.

    $1,357,582 spent
    18% of program spending
  4. Arts and Education - The organization's Center for Arts and Culture presents, promotes and preserves the multi-cultural heritage of the residents of Bedford Stuyvesant and Central Brooklyn by training the next generation of talent with over 400 on site enrollment in our dance and arts workshops, exhibiting the work of local artists in our Skylight Gallery, and showcasing the performance of cultural groups in our historic Billie Holiday Theatre.

    $389,419 spent
    5% of program spending

The 4 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $7,750,814.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($12M) Expenses 100 ($11M) Net assets 100 ($16M)2018 Revenue 101 ($12M) Expenses 109 ($12M) Net assets 100 ($16M)2019 Revenue 81 ($9.6M) Expenses 105 ($12M) Net assets 165 ($26M)2020 Revenue 94 ($11M) Expenses 98 ($11M) Net assets 192 ($31M)2021 Revenue 92 ($11M) Expenses 94 ($10M) Net assets 194 ($31M)2022 Revenue 88 ($10M) Expenses 107 ($12M) Net assets 180 ($29M)2023 Revenue 81 ($9.7M) Expenses 116 ($13M) Net assets 162 ($26M)2024 Revenue 70 ($8.3M) Expenses 106 ($12M) Net assets 141 ($22M)2025 Revenue 68 ($8.1M) Expenses 100 ($11M) Net assets 137 ($22M)
'17'18'19'20'21'22'23'24'25
Revenue (68)Expenses (100)Net assets (137)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $60M to $65M (+8%).

$62M
$61M
$60M
$65M
$67M
$65M
$63M
$59M
$60M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 56% · 2018 35% · 2019 49% · 2020 34% · 2021 48% · 2022 43% · 2023 66% · 2024 46% · 2025 48%. Grants only. Government contracts and fees sit inside program revenue.

84% of Bedford Stuyvesant Restoration Corporation’s revenue is contributions — more reliant on donations than three-quarters of its peers (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 6 of the last 9 reported years ran a deficit.

$875k
’17
−$11k
’18
−$1.9M
’19
$390k
’20
$569k
’21
−$1.4M
’22
−$3.1M
’23
−$3.4M
’24
−$2.9M
’25
1.8
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Blondel Pinnock

President & CEO

Board chair

Kevin G Chavers

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed323329292727252022
Joined·+1+1+1+1+1+7+2+4
No longer listed·05131972
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 15 funders to 17 funders, grant income rose $759k → $1.1M.

14 of 65 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 22% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $1.8M from 10 payers (the payer shares this organization's board, largest Jewish Communal Fund). These are real filings, and they are not money Bedford Stuyvesant Restoration Corporation raised.

From the IRS filings of Bedford Stuyvesant Restoration Corporation’s funders (the co-funder graph). Top 30 of 65 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

Bedford Stuyvesant Restoration Corporation has a broad base — no single funder exceeds 13% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

50% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Bedford Stuyvesant Restoration Corporation.

13%
largest funder
33%
top three
~15
effective funders

Largest funder’s share by year: 2017 33% · 2018 18% · 2019 28% · 2020 23% · 2021 31% · 2022 18% · 2023 21% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

27% of Bedford Stuyvesant Restoration Corporation's funders are still giving 3 years after their first grant; 60% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

82% of Bedford Stuyvesant Restoration Corporation's grant income comes from New York funders.

ME
IL
WI
MI
NY
MA
CA
CO
VA
MD
DE
NM
NC
DC

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. $3.1M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

Bedford Stuyvesant Restoration Corporation's funding base is broadening — from 15 funders to 17 as grant income climbed.

Operating margin−36% · bottom quartile
Months of reserve1.8mo · below the median
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 2,196 housing & shelter nonprofits $1M–$10M, FY2025

Government funding Bedford Stuyvesant Restoration Corporation receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $5.1M on record.

Federal$5.1M
grants $5.1Mcontracts $0
17
18
19
21
22
23
24
Top agencies
  • Department of Housing and Urban Development$3.6M
  • Department of Agriculture$685k
  • Department of Labor$500k
  • Small Business Administration$250k
  • National Endowment for the Arts$120k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like Bedford Stuyvesant Restoration Corporation

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

71% of spending goes to programs.

Program 71%Management 29%Fundraising 0%

Governance

16
board members
94%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

82%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 14 related entities

  • BSRC Venture Properties LLC · disregarded
  • RDC Commercial Center Inc · exempt
  • Sheffield Rehabilitation Corporation · exempt
  • BSR Housing Development Fund Inc · exempt
  • Restore Housing Development Fund Corp · exempt

Screen this organization

A dated, signed PDF of the compliance screen for Bedford Stuyvesant Restoration Corporation: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds Bedford Stuyvesant Restoration Corporation?
Bedford Stuyvesant Restoration Corporation (New York) receives grants from 65 organizations whose IRS filings report $14,031,776 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($1,871,038). 39 of them have funded it in more than one year.
How many funders does Bedford Stuyvesant Restoration Corporation have?
IRS filings report 65 organizations giving $14,031,776 in grants to Bedford Stuyvesant Restoration Corporation, 39 of which have funded it in more than one year.
Who is the largest funder of Bedford Stuyvesant Restoration Corporation?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $1,871,038 in grants. The full list of funders is on this page.
How can an organization like Bedford Stuyvesant Restoration Corporation find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Bedford Stuyvesant Restoration →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 65 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing