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Bolt Family Foundation is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2019. It holds total assets of $841K. Annual income is reported at $320K. Total assets have decreased from $1.4M in 2019 to $982K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. Grantmaking is concentrated in Massachusetts. According to available records, Bolt Family Foundation has made 20 grants totaling $505K, with a median grant of $25K. Annual giving has grown from $100K in 2020 to $195K in 2023. Grantmaking activity was highest in 2022 with $210K distributed across 8 grants. Individual grants have ranged from $10K to $50K, with an average award of $25K. The foundation has supported 9 unique organizations. Grants have been distributed to organizations in Massachusetts and Florida and Tennessee. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Smallest Grant
$10K
Median Grant
$13K
Average Grant
$17K
Largest Grant
$30K
Based on 6 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.
Bolt Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in MA, FL, TN.
Bolt Family Foundation has distributed a total of $505K across 20 grants. The median grant size is $25K, with an average of $25K. Individual grants have ranged from $10K to $50K.
Bolt Family Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (836312684) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Bolt Family Foundation is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Noreen T Bolt | CO-FIDUCIARY | $0 | $0 | N/A |
| William J Bolt | CO-FIDUCIARY | $0 | $0 | N/A |
Total Giving
$206K
Total Assets
$982K
Fair Market Value
$1.1M
Net Worth
$982K
Grants Paid
$195K
Contributions
N/A
Net Investment Income
$50K
Distribution Amount
$57K
Total: N/A
Total Grants
20
Total Giving
$505K
Average Grant
$25K
Median Grant
$25K
Unique Recipients
9
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Paul'S Choir SchoolUNRESTRICTED GENERAL | Cambridge, MA | $50K | 2023 |
| Catholic Schools FoundationUNRESTRICTED GENERAL | Boston, MA | $50K | 2023 |
| Mclean HospitalUNRESTRICTED GENERAL | Belmont, MA | $35K | 2023 |
| Harborlight Community PartnersUNRESTRICTED GENERAL | Beverly, MA | $25K | 2023 |
| Beverly BootstrapsUNRESTRICTED GENERAL | Beverly, MA | $25K | 2023 |
| Wounded Warrior ProjectUNRESTRICTED GENERAL | Jacksonville, FL | $10K | 2023 |
| Endicott CollegeUNRESTRICTED GENERAL | Beverly, MA | $50K | 2022 |
| Kylecares IncUNRESTRICTED GENERAL | North Attleboro, MA | $10K | 2022 |
| Gary Sinise FoundationUNRESTRICTED GENERAL | Nashville, TN | $10K | 2022 |