Bobby Fulton Memorial Fund Inc

Organization Overview

Bobby Fulton Memorial Fund Inc is located in Runnemede, NJ. The organization was established in 2018. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bobby Fulton Memorial Fund 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 12/2021, Bobby Fulton Memorial Fund Inc generated $630.6k 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 (24.3%) each year. All expenses for the organization totaled $308.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Bobby Fulton Memorial Fund Inc has awarded 96 individual grants totaling $1,190,300. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS TO COLLEGE STUDENTS. WE DISTRIBUTED $14,000 SCHOLARSHIPS TO 19 ELIGIBLE STUDENTS.


SCHOLARSHIPS TO COLLEGE STUDENTS. WE DISTRIBUTED $14,000 SCHOLARSHIPS TO 22 ELIGIBLE STUDENTS.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $16
Dividends & Interest $81,569
Net Rental Income$0
Net Gain on Sale of Assets $549,047
Capital Gain Net Income $549,047
Net ST Capital Gain $54,886
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $630,632

Grants Awarded

Over the last fiscal year, Bobby Fulton Memorial Fund Inc has awarded $308,000 in support to 22 organizations.

Grant RecipientAmount

CONOR SHEEHAN

PURPOSE: EDUCATION

$14,000

MAXIMILIAN MILLENBACH

PURPOSE: EDUCATION

$14,000

CARLY GRIFFIN

PURPOSE: EDUCATION

$14,000

BENJAMIN KLAUS

PURPOSE: EDUCATION

$14,000

OLVIA OTTO

PURPOSE: EDUCATION

$14,000

CAITLYN HAAS

PURPOSE: EDUCATION

$14,000
View Grant Profile

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