Bou Family Foundation Inc
- Assets
- $787.0k
- Revenue
- $86.9k
- Investments
- $569.1k
- Employees
- 0
- Location
- Bethesda, MD
- Founding
- 06/1991
- Data as of
- 09/2023
- EIN
- 52-1549739
Organization Overview
Bou Family Foundation Inc is located in Bethesda, MD. The organization was established in 1991. 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. Bou Family 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 09/2023, Bou Family Foundation Inc generated $86.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $141.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bou Family Foundation Inc has awarded 182 individual grants totaling $1,141,378. 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
N/A
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1 |
| Dividends & Interest | $37,006 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $49,884 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $86,891 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $400 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $77 |
| Total operating and administrative expenses | $34,517 |
| Contributions, gifts, grants paid | $106,980 |
| Total expenses and disbursements | $141,497 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,987 |
| Savings and temporary cash investments | $1,016 |
| 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 | $48,473 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $185,931 |
| Total assets | $787,020 |
| 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, Bou Family Foundation Inc has awarded $106,980 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
C&O CANAL TRUST PURPOSE: HISTORIC PRESERVATION | $2,500 |
PLAN INTERNATIONAL USA PURPOSE: CHARITABLE | $2,480 |
WASHINGTON & LEE UNIVERSITY PURPOSE: EDUCATIONAL | $10,000 |
AN OPEN BOOK FOUNDATION PURPOSE: EDUCATIONAL | $7,500 |
ST DUNSTAN'S EPISCOPAL CHURCH PURPOSE: RELIGIOUS | $10,000 |
USTA FOUNDATION PURPOSE: CHARITABLE | $1,000 |