Boat Foundation Inc

Organization Overview

Boat Foundation Inc is located in Pella, IA. The organization was established in 1984. 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. Boat 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 12/2021, Boat Foundation Inc generated $10.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (16.3%) each year. All expenses for the organization totaled $11.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Boat Foundation Inc has awarded 230 individual grants totaling $190,106. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS TO EXISTING CHARITABLE ENTITIES.


GRANTS TO EXISTING CHARITABLE ENTITIES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $10,100
Interest on Savings $3
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 $0
Total Revenue $10,103

Grants Awarded

Over the last fiscal year, Boat Foundation Inc has awarded $10,435 in support to 29 organizations.

Grant RecipientAmount

Pella, IA

PURPOSE: EDUCATIONAL

$2,700

PELLA OPERA HOUSE

PURPOSE: CHARITABLE

$1,150

MOBILITY WORLDWIDE

PURPOSE: CHARITABLE

$1,000

HISTORIC PELLA TRUST

Org PageRecipient Profile

Pella, IA

PURPOSE: CHARITABLE

$1,000

PELLA POLICE DEPARTMENT

PURPOSE: CHARITABLE

$1,000

LAKEVIEW CAMP

PURPOSE: CHARITABLE

$600
View Grant Profile

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