Boyd Foundation
- Assets
- $517.7k
- Revenue
- -$3.7k
- Investments
- $495.8k
- Employees
- 0
- Location
- Lowell, MI
- Founding
- 07/1993
- Data as of
- 12/2022
- EIN
- 38-3104434
Organization Overview
Boyd Foundation is located in Lowell, MI. The organization was established in 1993. 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. Boyd Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Katharine B Dernocoeur President | 5 | $0 | |
Lee W Dines Jr Director | 1 | $0 | |
Gregory S Zick Treasurer | 1 | $0 | |
Melody Dernocoeur VP & Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $691 |
| Dividends & Interest | $6,068 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,449 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$3,690 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $140 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $669 |
| Total operating and administrative expenses | $11,677 |
| Contributions, gifts, grants paid | $55,000 |
| Total expenses and disbursements | $66,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,262 |
| Savings and temporary cash investments | $20,586 |
| 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 | $517,669 |
| 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, Boyd Foundation has awarded $55,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWESTERN PRITZKER SCHOOL OF LAW PURPOSE: SCHOOL OF LAW BLUHM | $25,000 |
KENT COUNTY YOUTH FAIR PURPOSE: GENERAL | $10,000 |
BLANDFORD NATURE CENTER PURPOSE: GENERAL | $10,000 |
FIRST CONGREGATIONAL CHURCH OF MEMP PURPOSE: GENERAL | $5,000 |
FLAT RIVER OUTREACH MINISTRIES PURPOSE: GENERAL | $5,000 |