Bocholt Foundation Inc is located in Versailles, OH. The organization was established in 1991. 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. Bocholt 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 12/2022, Bocholt Foundation Inc generated $103.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $42.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Bocholt Foundation Inc has awarded 29 individual grants totaling $207,949. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Cox President | 0 | $0 | |
Chris Klamar Vice Preside | 0 | $0 | |
Carl Klamar Secretary/tr | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $68,000 |
| Interest on Savings | $13,349 |
| Dividends & Interest | $23,602 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,195 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $103,756 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,478 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $17,516 |
| Total operating and administrative expenses | $22,077 |
| Contributions, gifts, grants paid | $20,855 |
| Total expenses and disbursements | $42,932 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $86,908 |
| Savings and temporary cash investments | $0 |
| 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 | $672,762 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,422,916 |
| 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 |
Over the last fiscal year, Bocholt Foundation Inc has awarded $20,855 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
VERSAILLES MUSIC BOOSTERS PURPOSE: SUPPORT ACTIVITIES | $8,605 |
VTOWN TIGERS PURPOSE: SUPPORT ACTIVITIES | $2,000 |
KINDER KORNER PRESCHOOL PURPOSE: SUPPORT ACTIVITIES | $250 |
TOWNE & COUNTRY PLAYERS PURPOSE: SUPPORT ACTIVITES | $2,000 |
VERSAILLES GARDEN CLUB PURPOSE: SUPPORT ACTIVITIES | $2,000 |
VERSAILLES AREA HISTORICAL SOCIETY PURPOSE: SUPPORT ACTIVITIES | $1,000 |