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New York BBB Wise Giving Report for
Centurion Foundation

A BBB Accredited charity


Expiration Date:
Centurion Foundation
477 Madison Avenue- Suite 540
New York, NY 10022
Year, State Incorporated:
1987, New York
Stated Purpose:
" The Centurion Foundation's mission is to provide scholarship and program support to New York City area law enforcement organizations and related organizations as well as recognition of individual members of those organizations through our Centurion of the Month program as well as individual recognition grants. "

Evaluation Conclusions

Centurion Foundation meets the 20 Standards for Charity Accountability.


Centurion Foundation supports program and scholarship needs of the New York City area law enforcement organizations, safety regulations organizations and other law enforcement foundations. The Centurion of the Month program recognizes individual members of these organizations and provides individual recognition grants. In addition, Centurion Foundation provides regular contributions to various support groups of the NYPD for scholarship awards.


Chief Executive Officer:
Mr. Joe Dippell, President
Chair of the Board:
Mr. Albert Fried
Chair's Profession / Business Affiliation:
Chief Executive Officer / Albert Fried & Company LLC
Board Size:
Paid Staff Size:

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.

Fund Raising

Method(s) Used:

Board Donations
Fund raising costs were 3.6% of related contributions. (Related contributions, which totaled $217,750, are donations received as a result of fund raising activities.)

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.


The following information is based on Centurion Foundation's Audited Financial Statements for the fiscal year ended October 31, 2013.

Source of Funds  

Contributions-Direct Public support


Dividends and Interest from Securites


Total Income


Program Expenses  

Program Services

Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income




Uses of Funds as a % of Total Expenses

Programs: 95%  Fund Raising: 3%  Administrative 2% 
Roll the cursor over the pie chart to see the dollar amounts.

Beginning net assets $492,806
Ending net assets 470,988
Total liabilities 0

Total assets



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