The Boerger Family Charitable Trust
- Assets
- $4.2m
- Revenue
- $120.9k
- Investments
- $4.1m
- Employees
- 0
- Location
- Pennington, NJ
- Founding
- 10/2018
- Data as of
- 12/2022
- EIN
- 90-1250974
Organization Overview
The Boerger Family Charitable Trust is located in Pennington, NJ. The organization was established in 2018. 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. Boerger Family Charitable Trust 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 12/2022, Boerger Family Charitable Trust generated $120.9k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (3.0%) each year. All expenses for the organization totaled $362.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Boerger Family Charitable Trust has awarded 49 individual grants totaling $995,000. 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 |
|---|---|---|---|
Bank Of America N A Co-Trustee | 2 | $62,410 | |
Diane Boerger Co-Trustee | 2 | $75,846 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $113,581 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,228 |
| Capital Gain Net Income | $7,228 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $105 |
| Total Revenue | $120,914 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $138,256 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,538 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $406 |
| Total operating and administrative expenses | $147,200 |
| Contributions, gifts, grants paid | $215,000 |
| Total expenses and disbursements | $362,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,406 |
| Savings and temporary cash investments | $120,510 |
| 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 | $581,691 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,248,753 |
| 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, The Boerger Family Charitable Trust has awarded $215,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ST JOHNSBURY ATHENAEUM INC PURPOSE: GENERAL OPERATING | $20,000 |
GUIDING EYES FOR THE BLIND INC PURPOSE: GENERAL OPERATING | $20,000 |
THE SALVATION ARMY PURPOSE: GENERAL OPERATING | $25,000 |
NATIONAL MULTIPLE SCLEROSIS SOCIETY PURPOSE: GENERAL OPERATING | $20,000 |
WOODS SERVICES INC PURPOSE: GENERAL OPERATING | $20,000 |
THE ADDISVILLE REFORMED CHURCH PURPOSE: GENERAL OPERATING | $10,000 |