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Bolt Foundation is a private corporation based in LOS ANGELES, CA. The foundation received its IRS ruling in 2016. The principal officer is Jospeh M Bouakadakis. It holds total assets of $741K. Annual income is reported at $128K. Total assets have grown from $470K in 2019 to $761K in 2022. The foundation is governed by 4 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 2019 to 2023. The foundation primarily funds organizations in Texas, Oklahoma and California. According to available records, Bolt Foundation has made 7 grants totaling $610K, with a median grant of $100K. Annual giving has grown from $200K in 2021 to $410K in 2022. Individual grants have ranged from $5K to $200K, with an average award of $87K. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Texas and Oklahoma and California. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$100K
Average Grant
$68K
Largest Grant
$100K
Based on 3 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 Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in TX, OK, CA.
Bolt Foundation has distributed a total of $610K across 7 grants. The median grant size is $100K, with an average of $87K. Individual grants have ranged from $5K to $200K.
Bolt Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bolt Foundation is headquartered in LOS ANGELES, CA. While based in CA, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Joseph Bouakadakis | President | $0 | $0 | N/A |
| Autumn Bouakadakis | Vice President | $0 | $0 | N/A |
| Paul Bouakadakis | Treasurer | $0 | $0 | N/A |
| Sunny Bouakadakis | Secretary | $0 | $0 | N/A |
Total Giving
$109K
Total Assets
$761K
Fair Market Value
$815K
Net Worth
$761K
Grants Paid
$105K
Contributions
$100K
Net Investment Income
$5K
Distribution Amount
$39K
Total: $355K
Total Grants
7
Total Giving
$610K
Average Grant
$87K
Median Grant
$100K
Unique Recipients
3
Most Common Grant
$100K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Holy Trinity Greek ChurchGENERAL SUPPORT | Tulsa, OK | $100K | 2022 |
| Transfiguration Greek Orthodox ChurchGeneral Activity | Austin, TX | $100K | 2022 |
| Baby2babyGENERAL SUPPORT | Los Angeles, CA | $5K | 2022 |
MENLO PARK, CA
LOS ANGELES, CA
PALO ALTO, CA