Elmer & Mamdouha Bobst Foundation Inc
- Assets
- $23.7m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Harrison, NY
- Founding
- 09/1968
- Data as of
- 12/2023
- EIN
- 13-2616114
Organization Overview
Elmer & Mamdouha Bobst Foundation Inc is located in Harrison, NY. The organization was established in 1968. 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. Elmer & Mamdouha Bobst Foundation Inc 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 12/2023, Elmer & Mamdouha Bobst Foundation Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $541.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Elmer & Mamdouha Bobst Foundation Inc has awarded 32 individual grants totaling $16,940,000. 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 |
|---|---|---|---|
John H Carley President & Director | 5 | $0 | |
Robert J Task Dir, Treas & Secretary-Through 6/5/23 | 5 | $0 | |
Edward F Cox Dir; Treas & Secretary-As Of 7/18/23 | 5 | $0 | |
Patricia Nixon Cox Director | 5 | $0 | |
Christopher Cox Director-As Of 1/31/23 | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bny Mellon | 12/30/23 | $94,185 |
Maureen W Mccarthy | 12/30/23 | $84,634 |
Nixon Peabody Llp | 12/30/23 | $53,430 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $305,186 |
| Dividends & Interest | $818,003 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $772 |
| Capital Gain Net Income | $772 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $40 |
| Total Revenue | $1,124,001 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,614 |
| Total operating and administrative expenses | $266,941 |
| Contributions, gifts, grants paid | $275,000 |
| Total expenses and disbursements | $541,941 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,644 |
| Savings and temporary cash investments | $23,652,564 |
| 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 | $23,657,208 |
| 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, Elmer & Mamdouha Bobst Foundation Inc has awarded $440,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
BOCA GRANDE HEALTH CLINIC FOUNDATION PURPOSE: GENERAL OPERATING PURPOSES | $3,500 |
FRIENDS OF BOCA GRANDE COMMUNITY CENTER INC PURPOSE: GENERAL OPERATING PURPOSES | $3,000 |
HEALTHCARE CHAPLAINCY INC PURPOSE: ROBERT J. TASK MEMORIAL FUND | $50,000 |
HEALTHCARE CHAPLAINCY INC PURPOSE: GENERAL OPERATING PURPOSES | $25,000 |
JOHANN FUST LIBRARY FOUNDATION INC PURPOSE: GENERAL OPERATING PURPOSES | $3,500 |
NATIONAL MUSEUM OF WOMEN IN THE ARTS PURPOSE: GENERAL OPERATING PURPOSES | $25,000 |