Albert C Bostwick Foundation
- Assets
- $3.0m
- Revenue
- $92.0k
- Investments
- $2.9m
- Employees
- 0
- Location
- Garden City, NY
- Founding
- 09/1960
- Data as of
- 12/2022
- EIN
- 11-6003740
Organization Overview
Albert C Bostwick Foundation is located in Garden City, NY. The organization was established in 1960. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Albert C Bostwick Foundation 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, Albert C Bostwick Foundation generated $92.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (20.4%) each year. All expenses for the organization totaled $227.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Albert C Bostwick Foundation has awarded 52 individual grants totaling $758,832. 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 |
|---|---|---|---|
Albert C Bostwick Jr Trustee | 2 | $0 | |
Andrew Gc Sage II Trustee | 2 | $0 | |
Michael R Parker Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $48,764 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $43,208 |
| Capital Gain Net Income | $43,208 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $91,972 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,335 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $250 |
| Total operating and administrative expenses | $15,531 |
| Contributions, gifts, grants paid | $212,007 |
| Total expenses and disbursements | $227,538 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $46,183 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,995,857 |
| 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, Albert C Bostwick Foundation has awarded $212,007 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
CORNELL UNIVERSITY PURPOSE: OPERATIONAL | $87,500 |
COLUMBIA UNIVERSITY DEPARTMENT OF OPHTHALMOLOGY PURPOSE: OPERATIONAL | $15,000 |
FRIENDS OF THE ANIMAL SHELTER PURPOSE: OPERATIONAL | $20,000 |
HELPHOPELIVE INC PURPOSE: OPERATIONAL | $40,000 |
LAUREL HOUSE PURPOSE: OPERATIONAL | $5,007 |
OLD FORGE FIRE DEPARTMENT PURPOSE: OPERATIONAL | $1,000 |