Bolick Foundation

Organization Overview

Bolick Foundation is located in Conover, NC. The organization was established in 2017. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Bolick 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 06/2022, Bolick Foundation generated $299.8m in total revenue. All expenses for the organization totaled $3.7m during the year ending 06/2022. While expenses have increased by 56.2% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2021, Bolick Foundation has awarded 289 individual grants totaling $5,452,300. 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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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $289,451,658
Interest on Savings $0
Dividends & Interest $977,390
Net Rental Income$0
Net Gain on Sale of Assets $9,335,236
Capital Gain Net Income $9,335,236
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $62,734
Total Revenue $299,827,018

Grants Awarded

Over the last fiscal year, Bolick Foundation has awarded $3,159,050 in support to 159 organizations.

Grant RecipientAmount

THE LUTHERAN CHURCH MISSOURI SYNOD

PURPOSE: CHURCH PLANTING

$525,000

GATEWAY INTERNATIONAL MISSIONS

Org PageRecipient Profile

Taylorsville, NC

PURPOSE: GENERAL OPERATING FUND

$350,000

THE LUTHERAN CHURCH MISSOURI SYNOD

PURPOSE: GENERAL OPERATING FUND

$200,000

LCMS OFFICE OF INTERNATIONAL MISSIONS

PURPOSE: GENERAL OPERATING FUND

$200,000

CONCORDIA THEOLOGICAL SEMINARY FT WAYNE

Org PageRecipient Profile

Fort Wayne, IN

PURPOSE: GENERAL OPERATING FUND

$100,000

CONCORDIA SEMINARY ST LOUIS

PURPOSE: GENERAL OPERATING FUND

$100,000
View Grant Profile

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