The Nicholas J And Anna K Bouras
- Assets
- $115.8m
- Revenue
- $10.5m
- Investments
- $108.6m
- Employees
- 0
- Location
- Summit, NJ
- Founding
- 12/1998
- Data as of
- 12/2021
- 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 12/2021, Nicholas J And Anna K Bouras generated $10.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (20.5%) each year. All expenses for the organization totaled $6.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Nicholas J And Anna K Bouras has awarded 307 individual grants totaling $28,272,994. 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 |
|---|---|---|---|
B Theodore Bozonelis Trustee | 2 | $23,200 | |
William S Crane Pres/treasur | 7 | $10,000 | |
Andrew J Stamelman Secretary | 2 | $7,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $791,017 |
| Dividends & Interest | $2,220,912 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,488,280 |
| Capital Gain Net Income | $7,488,280 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,500,209 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,700 |
| Other employee salaries and wages | $86,447 |
| Pension plans, employee benefits | $15,552 |
| Interest | $0 |
| Taxes | $168,973 |
| Depreciation | $7,171 |
| Occupancy | $207,540 |
| Travel, conferences, and meetings | $978 |
| Printing and publications | $0 |
| Other expenses | $47,052 |
| Total operating and administrative expenses | $1,233,800 |
| Contributions, gifts, grants paid | $4,924,391 |
| Total expenses and disbursements | $6,158,191 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,939,731 |
| 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 | $152,301 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,388,698 |
| Net Land, buildings, and equipment | $177,596 |
| Other assets | $0 |
| Total assets | $115,819,881 |
| Accounts payable and accrued expenses | $69,964 |
| Grants payable | $2,721,353 |
| 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 | $2,791,317 |
Grants Awarded
Over the last fiscal year, The Nicholas J And Anna K Bouras has awarded $5,519,391 in support to 45 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: SUPPORT OF GREEK ORTHODOX RELIGION | $1,437,000 |
ARCHDIOCESE PENSION GRANT PURPOSE: SUPPORT OF THE GREEK ORTHODOX CHURCH | $1,000,000 |
ECUMENICAL PATRIARCH BARTHOLOMEU PURPOSE: SUPPORT OF THE GREEK ORTHODOX CHURCH | $1,000,000 |
GREEK AMERICAN NURSING CENTER PURPOSE: CARE OF ELDERLY GREEK AMERICANS | $400,000 |
OVERLOOK HOSPITAL FOUNDAT PURPOSE: SUPPORT OF LOCAL HOSPITAL FOUNDATION | $325,000 |
ARCHDIOCESE PENSION GRANT PURPOSE: SUPPORT OF THE GREEK ORTHODOX CHURCH | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Partnership Schools New York, NY | $64,379,139 | $24,282,663 |
Feeding Pennsylvania Lemoyne, PA | $10,818,120 | $21,841,545 |
Royal College Of Art Usa Inc New York, NY | $1,933,182 | $14,916,047 |
American Friends Of B Nai Levy Foundation Brooklyn, NY | $493,786 | $13,431,000 |
Rf Catalytic Capital Inc New York, NY | $241,603,034 | $246,273,218 |
University Of Pittsburgh And Upmc Medical And Health Sciences Fdn Pittsburgh, PA | $0 | $12,874,250 |
Freedom Fund Brooklyn, NY | $51,719,352 | $51,201,158 |
American Friends Of Leket Israel Inc Teaneck, NJ | $3,165,709 | $12,922,662 |
Pittsburgh Promise Foundation Pittsburgh, PA | $59,585,111 | $15,082,951 |
Pennsylvania Ems Provider Foundation Harrisburg, PA | $55,116 | $0 |
Student Leadership Network Inc New York, NY | $11,626,545 | $12,224,104 |
The Good Nation Foundation Inc New York, NY | $2,105,948 | $9,558,970 |