Boatwright Foundation Inc
- Assets
- $0.0
- Revenue
- $4.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Parsippany, NJ
- Founding
- 10/1981
- Data as of
- 08/2024
- EIN
- 13-3048884
Organization Overview
Boatwright Foundation Inc is located in Parsippany, NJ. The organization was established in 1981. According to its NTEE Classification (N67) the organization is classified as: Swimming & Other Water Recreation, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boatwright Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2024, Boatwright Foundation Inc generated $4.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (27.5%) each year. All expenses for the organization totaled $67.5k during the year ending 08/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Boatwright Foundation Inc has awarded 99 individual grants totaling $2,388,749. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugene W Stetson III President/secretary | 1 | $0 | |
Jane Watson Stetson Vice President | 1 | $0 | |
Erik A Hanson Treasurer | 1 | $0 | |
Eugene W Stetson III President/secretary | 1 | $0 | |
Jane Watson Stetson Vice President | 1 | $0 | |
Erik A Hanson Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,655 |
| Dividends & Interest | $35,310 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,235 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,148 |
| Total Revenue | $4,803 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,110 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $556 |
| Total operating and administrative expenses | $13,151 |
| Contributions, gifts, grants paid | $54,322 |
| Total expenses and disbursements | $67,473 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,453 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Boatwright Foundation Inc has awarded $1,786,049 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ARCADIA CENTER FOR SUSTAINABLE PURPOSE: GEN'L CONTRIBUTION | $5,000 |
LITTLE BRITCHES THERAPEAUTIC RIDING PURPOSE: GEN'L CONTRIBUTION | $5,000 |
MAINE COAST HERITAGE TRUST PURPOSE: GEN'L CONTRIBUTION | $7,000 |
JANE WATSON STETSON & EW STETSON III CHARITABLE FUND (FIDELITY DAF) PURPOSE: GEN'L CONTRIBUTION | $1,753,049 |
MAINE PUBLIC PURPOSE: GEN'L CONTRIBUTION | $7,000 |
NATURAL RESOURCES COUNCIL OF MAINE PURPOSE: GEN'L CONTRIBUTION | $2,000 |