Bolger Foundation Inc
- Assets
- $21.1m
- Revenue
- $8.2m
- Investments
- $20.9m
- Employees
- 0
- Location
- Ridgewood, NJ
- Founding
- 07/1965
- Data as of
- 12/2022
- EIN
- 23-7418090
Organization Overview
Bolger Foundation Inc is located in Ridgewood, NJ. The organization was established in 1965. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Bolger 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 12/2022, Bolger Foundation Inc generated $8.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $722.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bolger Foundation Inc has awarded 87 individual grants totaling $30,782,233. 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 |
|---|---|---|---|
John G Bolger Trustee | 2 | $0 | |
Thomas Wells Secretary | 5 | $0 | |
James T Bolger President | 5 | $0 | |
Kathryn A Byrne Trustee | 1 | $0 | |
Michael Tozzoli Treasurer | 1 | $0 | |
Betsie Bolger Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $7,910,551 |
| Interest on Savings | $24,660 |
| Dividends & Interest | $384,745 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$163,840 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,439 |
| Total Revenue | $8,157,555 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $12,350 |
| Taxes | $24,152 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $80 |
| Printing and publications | $0 |
| Other expenses | $3,155 |
| Total operating and administrative expenses | $267,520 |
| Contributions, gifts, grants paid | $454,750 |
| Total expenses and disbursements | $722,270 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $231,158 |
| 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 | $6,847,507 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $21,102,421 |
| 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, Bolger Foundation Inc has awarded $454,750 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
CAMP DUDLEY FOUNDATION INC PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE FUNCTION | $5,000 |
CHILDREN'S THERAPY CENTER PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE FUNCTION | $2,500 |
DALLAS DOG NETWORK INC PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE FUNCTION | $2,667 |
EVAS KITCHEN INC PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE FUNCTION | $50,000 |
FRIENDS OF THE HERMITAGE PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE FUNCTION | $45,000 |
FRIENDS OF WALLISCH HOMESTEAD PURPOSE: TO ASSIST THE ORG. IN ITS CHARITABLE FUNCTION | $2,000 |