Anquan And Dionne Boldin Scholarship Fund Inc
- Assets
- $962.8k
- Revenue
- $55.0k
- Investments
- $899.2k
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 02/2016
- Data as of
- 12/2023
- EIN
- 47-5310517
Organization Overview
Anquan And Dionne Boldin Scholarship Fund Inc is located in Boca Raton, FL. The organization was established in 2016. 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. Anquan And Dionne Boldin Scholarship Fund 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 12/2023, Anquan And Dionne Boldin Scholarship Fund Inc generated $55.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $58.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Anquan And Dionne Boldin Scholarship Fund Inc has awarded 87 individual grants totaling $276,319. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ANQUAN AND DIONNE BOLDIN SCHOLARSHIP FUND, INC. (THE "FOUNDATION") WAS CREATED TO PROVIDE COLLEGE SCHOLARSHIP FUNDS FOR GRADUATING HIGH SCHOOL SENIORS IN PALM BEACH
COUNTY, FLORIDA. THE FOUNDATION PROVIDES COLLEGE SCHOLARSHIPS FOR NEEDY, GRADUATING HIGH SCHOOL SENIORS IN PALM BEACH COUNTY, FL. THE SCHOLARSHIP WILL BE IN AMOUNTS
AND DURATIONS AS DECIDED BY THE BOARD OF DIRECTORS OF THE FOUNDATION (THE "BOARD").
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anquan Boldin Ceo, President | 10 | $0 | |
Dionne Boldin Secretary | 20 | $0 | |
Bridgett Coates Public Relations | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $37,346 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,690 |
| Capital Gain Net Income | $17,690 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $55,036 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $116 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,826 |
| Total operating and administrative expenses | $18,087 |
| Contributions, gifts, grants paid | $40,012 |
| Total expenses and disbursements | $58,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $607 |
| Savings and temporary cash investments | $53,533 |
| 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 | $899,170 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,500 |
| Total assets | $962,810 |
| 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, Anquan And Dionne Boldin Scholarship Fund Inc has awarded $40,012 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
DEVIN HINES PURPOSE: SCHOLARSHIP SUPPORT | $2,500 |
CHANEL DOWERS PURPOSE: SCHOLARSHIP SUPPORT | $2,500 |
BALL FOR LYFE PURPOSE: SCHOLARSHIP SUPPORT | $5,000 |
NORTHEN ARIZONA UNIVERSITY PURPOSE: SCHOLARSHIP SUPPORT | $2,500 |
KEYSHAWN CUNNINGHAM PURPOSE: SCHOLARSHIP SUPPORT | $2,500 |
PARIS DANIELS PURPOSE: SCHOLARSHIP SUPPORT | $2,500 |