The Nicholas J And Anna K Bouras
- Assets
- $102.6m
- Revenue
- $2.8m
- Investments
- $96.7m
- Employees
- 0
- Location
- Summit, NJ
- Founding
- 12/1998
- Data as of
- 12/2023
- EIN
- 22-3591803
Organization Overview
The Nicholas J And Anna K Bouras is located in Summit, NJ. The organization was established in 1998. According to its NTEE Classification (T30) the organization is classified as: Public 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. Nicholas J And Anna K Bouras 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, Nicholas J And Anna K Bouras generated $2.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (27.8%) each year. All expenses for the organization totaled $4.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nicholas J And Anna K Bouras has awarded 405 individual grants totaling $37,931,844. 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 |
|---|---|---|---|
William S Crane Pres/treasur | 7 | $10,000 | |
Andrew J Stamelman Secretary | 2 | $10,000 | |
B Theodore Bozonelis Trustee | 2 | $23,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,672 |
| Interest on Savings | $907,830 |
| Dividends & Interest | $1,851,422 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,548 |
| Capital Gain Net Income | $1,548 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,773,472 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,200 |
| Other employee salaries and wages | $90,522 |
| Pension plans, employee benefits | $16,324 |
| Interest | $0 |
| Taxes | $38,564 |
| Depreciation | $7,171 |
| Occupancy | $211,482 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,569 |
| Total operating and administrative expenses | $1,089,291 |
| Contributions, gifts, grants paid | $3,590,553 |
| Total expenses and disbursements | $4,679,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,211,055 |
| 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 | $318,731 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,432,895 |
| Net Land, buildings, and equipment | $163,253 |
| Other assets | $1,150,546 |
| Total assets | $102,582,899 |
| Accounts payable and accrued expenses | $46,515 |
| Grants payable | $391,090 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,185,248 |
| Total liabilities | $1,622,853 |
Grants Awarded
Over the last fiscal year, The Nicholas J And Anna K Bouras has awarded $4,192,333 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN HELLENIC INSTITU PURPOSE: SUPPORT OF GREEK CULTURE | $5,000 |
AMERICAN RED CROSS NJ REGION PURPOSE: SUPPORT OF RED CROSS | $5,000 |
ANNUNCIATION GREEK ORTHODOX CHURCH PURPOSE: SUPPORT OF LOCAL CHURCH | $25,000 |
AUSA MONMOUTH CHAPTER PURPOSE: SUPPORT OF THE MILITARY | $10,000 |
CAL STATE EAST BAY ED FUND PURPOSE: SUPPORT OF EDUCATION | $5,000 |
CASA OF NEW JERSEY PURPOSE: SUPPORT OF CHILDREN IN NEED | $10,000 |