Bold Foundation Inc
- Assets
- $1.4m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 0
- Location
- Denver, CO
- Founding
- 12/2019
- Data as of
- 06/2022
- EIN
- 84-2719715
Organization Overview
Bold Foundation Inc is located in Denver, CO. The organization was established in 2019. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bold 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 06/2022, Bold Foundation Inc generated $1.9m in total revenue. All expenses for the organization totaled $2.0m during the year ending 06/2022. While expenses have increased by 429.5% per year over the past 3 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, Bold Foundation Inc has awarded 1,255 individual grants totaling $1,877,829. 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 |
|---|---|---|---|
Dror Liebenthal CEO | 10 | $0 | |
Breanden Beneschott Chairman Of The Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,947,266 |
| Interest on Savings | $4 |
| 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 | $1,947,270 |
| 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 | $0 |
| Total operating and administrative expenses | $24,937 |
| Contributions, gifts, grants paid | $1,947,483 |
| Total expenses and disbursements | $1,972,420 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $662,011 |
| Savings and temporary cash investments | $18,686 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $721,321 |
| 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 | $1,402,018 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,433,566 |
| 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 | $1,433,566 |
Grants Awarded
Over the last fiscal year, Bold Foundation Inc has awarded $1,577,938 in support to 1,088 organizations.
| Grant Recipient | Amount |
|---|---|
AARON MITCHELL PURPOSE: SCHOLARSHIP RECIPIENT | $500 |
AARON CASSERLY PURPOSE: SCHOLARSHIP RECIPIENT | $1,000 |
ADEMIDUN ADESOLA PURPOSE: SCHOLARSHIP RECIPIENT | $500 |
ABENA BONSU PURPOSE: SCHOLARSHIP RECIPIENT | $3,601 |
ABBEY RHYNE PURPOSE: SCHOLARSHIP RECIPIENT | $5,000 |
ADRIENNE SHERROD PURPOSE: SCHOLARSHIP RECIPIENT | $1,000 |