Bov Foundation Inc
- Assets
- $8.3m
- Revenue
- -$332.1k
- Investments
- $7.9m
- Employees
- 0
- Location
- Hopewell, NJ
- Founding
- Data as of
- 12/2023
- EIN
- 84-4141683
Organization Overview
Bov Foundation Inc is located in Hopewell, NJ. 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. Bov 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.
Since 2020, Bov Foundation Inc has awarded 97 individual grants totaling $1,489,005. 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 |
|---|---|---|---|
Mark Bovenizer Trustee | 0 | $172,039 | |
Lynn Bovenizer Trustee | 0 | $0 | |
George Bovenizer Trustee | 0 | $20,280 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,796 |
| Interest on Savings | $39,925 |
| Dividends & Interest | $234,933 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$608,709 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$332,055 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $192,319 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $43,852 |
| Interest | $0 |
| Taxes | $4,357 |
| Depreciation | $12,051 |
| Occupancy | $10,375 |
| Travel, conferences, and meetings | $20,966 |
| Printing and publications | $0 |
| Other expenses | $88,063 |
| Total operating and administrative expenses | $377,744 |
| Contributions, gifts, grants paid | $409,300 |
| Total expenses and disbursements | $787,044 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $262,865 |
| Savings and temporary cash investments | $0 |
| 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 | $193,931 |
| 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 | $8,321,379 |
| 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, Bov Foundation Inc has awarded $409,300 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
124 CLUB PURPOSE: GENERAL UNRESTRICTED | $3,000 |
BUSCH WILDLIFE SANCTUARY PURPOSE: GENERAL UNRESTRICTED | $50,000 |
CAPITAL AREA YMCA PURPOSE: GENERAL UNRESTRICTED | $2,500 |
CAPITAL K9 ASSOCIATION PURPOSE: GENERAL UNRESTRICTED | $7,500 |
CCFA PURPOSE: GENERAL UNRESTRICTED | $34,550 |
CHILDREN'S HOSPITAL OF PHILADELPHIA PURPOSE: GENERAL UNRESTRICTED | $100,000 |