Vollers Family Foundation Inc
- Assets
- $479.5k
- Revenue
- $20.0k
- Investments
- $459.3k
- Employees
- 0
- Location
- North Branch, NJ
- Founding
- 10/2004
- Data as of
- 12/2023
- EIN
- 20-1062028
Organization Overview
Vollers Family Foundation Inc is located in North Branch, NJ. The organization was established in 2004. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Vollers Family 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, Vollers Family Foundation Inc generated $20.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $37.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Vollers Family Foundation Inc has awarded 58 individual grants totaling $210,972. 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 |
|---|---|---|---|
Thomas Vollers Secretary | 0 | $0 | |
Steven Vollers Treasurer | 0 | $0 | |
Robert Vollers President | 0 | $0 | |
Kathy Herrman Vice President | 0 | $0 | |
Nancy Vollers Vice President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $9,450 |
| Interest on Savings | $0 |
| Dividends & Interest | $14,089 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,519 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $20,020 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $53 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,932 |
| Total operating and administrative expenses | $7,585 |
| Contributions, gifts, grants paid | $30,070 |
| Total expenses and disbursements | $37,655 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,179 |
| 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 | $479,457 |
| 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, Vollers Family Foundation Inc has awarded $30,070 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
FOOD BANK NETWORK OF SOMERSET COUNTY PURPOSE: PROGRAM SERVICES | $4,010 |
THE MIDLAND FOUNDATION PURPOSE: PROGRAM SERVICES | $4,010 |
HUNTERS HELPING THE HUNGRY INC PURPOSE: PROGRAM SERVICES | $4,010 |
MIDDLE EARTH PURPOSE: PROGRAM SERVICES | $4,010 |
SAMARITAN HOMELESS INTERIM PROGRAM (SHIP) PURPOSE: PROGRAM SERVICES | $4,010 |
IHN OF SOMERSET COUNTY PURPOSE: PROGRAM SERVICES | $4,010 |