Douglas & Tonyia Bolton Family Foundation Inc
- Assets
- $1.1m
- Revenue
- $109.7k
- Investments
- $963.9k
- Employees
- 0
- Location
- Hilton Head Island, SC
- Founding
- 03/2007
- Data as of
- 06/2024
- EIN
- 20-8030196
Organization Overview
Douglas & Tonyia Bolton Family Foundation Inc is located in Hilton Head Island, SC. The organization was established in 2007. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Douglas & Tonyia Bolton Family 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 06/2024, Douglas & Tonyia Bolton Family Foundation Inc generated $109.7k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $96.9k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Douglas & Tonyia Bolton Family Foundation Inc has awarded 99 individual grants totaling $246,846. 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 |
|---|---|---|---|
Tonyia J Bolton President | 1 | $0 | |
Douglas R Bolton Vice-President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $689 |
| Dividends & Interest | $15,285 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $93,711 |
| Capital Gain Net Income | $93,711 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $109,685 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $54 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,722 |
| Total operating and administrative expenses | $7,776 |
| Contributions, gifts, grants paid | $89,100 |
| Total expenses and disbursements | $96,876 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $97,413 |
| 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 | $1,061,268 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $50,000 |
| 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 | $50,000 |
Grants Awarded
Over the last fiscal year, Douglas & Tonyia Bolton Family Foundation Inc has awarded $89,100 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: CHARITABLE | $5,000 |
ARTS CENTER OF COASTAL CAROLINA PURPOSE: CHARITABLE | $2,500 |
BLUFFTON SELF HELP PURPOSE: CHARITABLE | $4,000 |
AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS DBA ASPCA PURPOSE: CHARITABLE | $1,000 |
HILTON HEAD BOYS & GIRLS CLUBS PURPOSE: CHARITABLE | $5,153 |
CHARLESTON COLLEGIATE SCHOOL PURPOSE: CHARITABLE | $5,000 |