Bolte Family Foundation
- Assets
- $35.1k
- Revenue
- $203.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Moorestown, NJ
- Founding
- 08/2007
- Data as of
- 12/2023
- EIN
- 41-2237563
Organization Overview
Bolte Family Foundation is located in Moorestown, NJ. The organization was established in 2007. 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. Bolte Family Foundation 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 12/2023, Bolte Family Foundation generated $203.6k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $181.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Bolte Family Foundation has awarded 77 individual grants totaling $4,581,827. 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 |
|---|---|---|---|
Francis X Bolte President | 0 | $0 | |
Richard Bolte Jr Vice President | 0 | $0 | |
John Bolte Treasurer | 0 | $0 | |
Timothy Bolte Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $172,500 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $31,107 |
| Total Revenue | $203,607 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $23,702 |
| Total operating and administrative expenses | $26,938 |
| Contributions, gifts, grants paid | $154,040 |
| Total expenses and disbursements | $180,978 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,132 |
| 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 | $35,132 |
| 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, Bolte Family Foundation has awarded $154,040 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
BRIAN DAWKINS IMPACT FOUNDATION PURPOSE: TO FUTHUR THE FOUNDATION'S CHARITABLE PURPOSE | $5,000 |
RONALD MCDONALDS HOUSE OF CHARITIES PURPOSE: TO FUTHUR THE FOUNDATION'S CHARITABLE PURPOSE | $6,000 |
FOR PETE'S SAKE CANCER RESPITE FOUNDATION PURPOSE: TO FUTHUR THE FOUNDATION'S CHARITABLE PURPOSE | $13,000 |
ST JUDE CHILDREN'S RESEARCH PURPOSE: TO FUTHUR THE FOUNDATION'S CHARITABLE PURPOSE | $10,000 |
HOLY CROSS PREP PURPOSE: TO FUTHUR THE FOUNDATION'S CHARITABLE PURPOSE | $2,845 |
FOP LODGE27 FOUNDATION PURPOSE: TO FUTHUR THE FOUNDATION'S CHARITABLE PURPOSE | $5,500 |