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Bolick Foundation is a private corporation based in CONOVER, NC. The foundation received its IRS ruling in 2017. The principal officer is Jerome W Bolick. It holds total assets of $55.1M. Annual income is reported at $29.6M. Total assets have grown from $7.5M in 2011 to $51.9M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. Grantmaking is concentrated in North Carolina. According to available records, Bolick Foundation has made 608 grants totaling $25.7M, with a median grant of $15K. Annual giving has grown from $2.3M in 2021 to $23.5M in 2023. Individual grants have ranged from $250 to $3.6M, with an average award of $42K. The foundation has supported 237 unique organizations. The foundation primarily supports organizations in Missouri, North Carolina, Georgia, which account for 41% of all grants. Grantmaking reaches organizations across 31 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$10K
Average Grant
$18K
Largest Grant
$350K
Based on 130 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bolick Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 608 grants. Its grantmaking reaches organizations primarily in MO, NC, GA.
Bolick Foundation has distributed a total of $25.7M across 608 grants. The median grant size is $15K, with an average of $42K. Individual grants have ranged from $250 to $3.6M.
Bolick Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bolick Foundation is headquartered in CONOVER, NC. While based in NC, the foundation distributes grants to organizations across 31 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joyce B Cline | EXECUTIVE DIRECTOR | $150K | $0 | $150K |
| Stephen G Dobbins | DIRECTOR | $0 | $0 | N/A |
| Judith Bolick Munday | SECRETARY | $0 | $0 | N/A |
| Jerome W Bolick | PRESIDENT/TREASURER | $0 | $0 | N/A |
| David W Hood | DIRECTOR | $0 | $0 | N/A |
| Matthew C Harrison | DIRECTOR | $0 | $0 | N/A |
Total Giving
$18.6M
Total Assets
$51.9M
Fair Market Value
$452.2M
Net Worth
$51.9M
Grants Paid
$18.2M
Contributions
N/A
Net Investment Income
$7.4M
Distribution Amount
$21.3M
Total Grants
608
Total Giving
$25.7M
Average Grant
$42K
Median Grant
$15K
Unique Recipients
237
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Lutheran Church Missouri SynodGENERAL OPERATING FUND | St Louis, MO | $3.6M | 2023 |
| Lutheran Theological Southern SeminarySTUDENT ASSISTANCE FUND | Hickory, NC | $400K | 2023 |
| Gateway International MissionsGENERAL OPERATING FUND | Taylorsville, NC | $400K | 2023 |
| Lutheran Hour MinistriesGENERAL OPERATING FUND | St Louis, MO | $250K | 2023 |
| Our Daily BreadRECLAIM TODAY | Grand Rapids, MI | $175K | 2023 |
| Nc Synod Of The ElcaLIFELINE FUND | Salisbury, NC | $150K | 2023 |
| Concordia Seminary St LouisGENERAL OPERATING FUND | St Louis, MO | $150K | 2023 |
| Int Fellowship Of Evangelical StudentsFRANCOPHONE AFRICA MISSIONS | Madison, WI | $140K | 2023 |
| Harvesters Ministries IncGENERAL OPERATING FUND | Fort Mill, SC | $130K | 2023 |
| Servant Partners IncEQUIPPING ETHIOPIAN EVANGELISM | Pomona, CA | $125K | 2023 |
| African Inland Mission InternationalGENERAL OPERATING FUND | Peachtree City, GA | $125K | 2023 |
| Evangelism Explosion InternationalEMPOWERING GENERATIONS | Arden, NC | $125K | 2023 |
| Concordia Theological Seminary Ft WayneGENERAL OPERATING FUND | Fort Wayne, IN | $125K | 2023 |
| WorldlinkNEXT HORIZON - INDIGENOUS MISSIONARIES | Valley Forge, PA | $115K | 2023 |
| Moody Bible InstituteSTUDY METHODS FOR AUDITORY STUDENTS | Chicago, IL | $100K | 2023 |
| Lutheran World ReliefGENERAL OPERATING FUND | Baltimore, MD | $100K | 2023 |
| Pioneers IncSEND ME CAMPAIGN | Orlando, FL | $100K | 2023 |
| Evangelical Lutheran Church In AmericaMISC PROGRAMS LEADERSHIP | Merrifield, VA | $100K | 2023 |
| Operation Mobilization UsaEVANGELISM | Tyrone, GA | $100K | 2023 |
| Team Usathe Evangelism Alliance MissionGLOBAL MISSION | Carol Stream, IL | $100K | 2023 |
| The NavigatorsGENERAL OPERATING FUND | Colorado Springs, CO | $100K | 2023 |
| Catholic World Missions65 NEW MISSIONARIES | Roswell, GA | $95K | 2023 |
| Leading The Way With Dr Michael YoussefEVANGELISM TRAINING | Atlanta, GA | $90K | 2023 |
| JaarsAVIATION TRAINING | Waxhaw, NC | $90K | 2023 |
| Disciple Nations AllianceDISCIPLESHIP | Phoenix, AZ | $90K | 2023 |