Bogliasco Foundation Inc
- Assets
- $2.0m
- Revenue
- $886.8k
- Investments
- $1.4m
- Employees
- 0
- Location
- New York, NY
- Founding
- 11/1993
- Data as of
- 06/2023
- EIN
- 13-3632296
Organization Overview
Bogliasco Foundation Inc is located in New York, NY. The organization was established in 1993. 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. Bogliasco 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 06/2023, Bogliasco Foundation Inc generated $886.8k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $933.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BOGLIASCO CENTER PROVIDES RESIDENTIAL FELLOWSHIPS FOR EXCEPTIONAL INTERNATIONAL ARTISTS AND SCHOLARS IN ALL PHASES OF THEIR CAREERS TO DEEPEN CREATIVITY, CONNECT TO OTHER PERSPECTIVES, AND DEVELOP THEIR BEST WORK.VISION: BOGLIASCO OFFERS AN INTIMATE AND INTELLECTUALLY NOURISHING ENVIRONMENT ON THE ITALIAN RIVIERA IN WHICH A WIDE DIVERSITY OF FELLOWS, EACH INVOLVED IN A DIFFERENT FIELD OF THE ARTS AND HUMANITIES, HAVE COMPLETE FREEDOM TO FOCUS, REFLECT, AND OPEN THEMSELVES TO EXPANSIVE CREATIVE THINKING. CONVERSING OVER SHARED DAILY MEALS, CAREFULLY DESIGNED COHORTS OF 8-10 RESIDENTS LEARN TO COMMUNICATE BEYOND PERSONAL AND PROFESSIONAL BOUNDARIES, OFTEN ESTABLISHING NEW COLLABORATIONS.LONG AFTER FELLOWS LEAVE THE CENTER, THE LESSONS OF THE EXPERIENCE CONTINUE TO ENRICH THEIR WORK AND COMMUNITIES: YIELDING GREATER APPRECIATION FOR THE ARTS AND HUMANITIES, EXPANDING KNOWLEDGE AND AESTHETIC EXPERIENCE, AND AMPLIFYING ENGAGEMENT BETWEEN GLOBAL CITIZENS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Page Ashley Chair | 2 | $0 | |
Laura Harrison President | 40 | $89,386 | |
Giovanni Maso Treasurer | 1 | $0 | |
Maciej Kolaczkowsk Secretary | 1 | $0 | |
Lorenzo Apicella Trustee | 1 | $0 | |
R Andrew Boose Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $785,736 |
| Interest on Savings | $0 |
| Dividends & Interest | $42,830 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,018 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $61,270 |
| Total Revenue | $886,818 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $154,511 |
| Other employee salaries and wages | $271,789 |
| Pension plans, employee benefits | $211,237 |
| Interest | $0 |
| Taxes | $15,407 |
| Depreciation | $1,866 |
| Occupancy | $21,555 |
| Travel, conferences, and meetings | $12,210 |
| Printing and publications | $0 |
| Other expenses | $158,849 |
| Total operating and administrative expenses | $904,679 |
| Contributions, gifts, grants paid | $29,054 |
| Total expenses and disbursements | $933,733 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $423,210 |
| Savings and temporary cash investments | $14,732 |
| Net Accounts receivable | $2,300 |
| 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 | $6,087 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $505,687 |
| Net Land, buildings, and equipment | $47,866 |
| Other assets | $123,527 |
| Total assets | $2,033,310 |
| Accounts payable and accrued expenses | $133,121 |
| 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 | $569,350 |
| Total liabilities | $702,471 |
Grants Awarded
Over the last fiscal year, Bogliasco Foundation Inc has awarded $29,074 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
ANITA FIELDS PURPOSE: ANONYMOUS WAS A WOMAN | $5,000 |
JONAH BOKAER PURPOSE: 25TH ANNIV ARTIST STIPEND | $2,000 |
ANNE LEILEHUA LANZILOTTI PURPOSE: CONE FND SPECIAL FELLOWSHIP | $1,500 |
AMINA GAUTIER PURPOSE: 25TH ANNIV ARTIST STIPEND | $2,000 |
GABRIEL VALLECILLO MARQUEZ PURPOSE: 25TH ANNIVERSARY ARTIST STIPEND | $1,957 |
MAYAKO KUBO PURPOSE: 25TH ANNIVERSARY ARTIST STIPEND | $1,948 |