Boselli Foundation is located in Jacksonville, FL. The organization was established in 1997. 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. Boselli Foundation 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 04/2024, Boselli Foundation generated $466.7k 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 (3.5%) each year. All expenses for the organization totaled $371.2k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (4.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MISSION OF THE BOSELLI FOUNDATION IS TO BUILD LEADERS FOR THE NEXT GENERATION THROUGH ACADEMICS, ATHLETICS, AND CHARACTER DEVELOPMENT AND THEY ACCOMPLISH THIS THROUGH TWO INITIATIVES. BOSELLI FOUNDATION MENTORING IS A LEADERSHIP DEVELOPMENT PROGRAM DESIGNED TO ENCOURAGE YOUNG MEN TO BECOME FUNCTIONAL LEADERS THROUGH EMPOWERMENT AND MENTORSHIP. WE BELIEVE THAT ALL MEN HAVE DIGNITY AND WORTH AND MUST BE EMPOWERED TO LIVE IT OUT. OUR GOAL IS TO INSPIRE STRENGTH, DEVELOP CHARACTER, PURSUE WHOLENESS AND UPHOLD HUMAN DIGNITY THROUGH RICH CONTENT, COURAGEOUS CONVERSATIONS, AND PRACTICAL STRATEGIES. THE BOSELLI TEACHER FELLOWSHIP PROVIDES TEACHERS IN K-12 CLASSROOMS WITH PROFESSIONAL LEARNING OPPORTUNITIES TO CULTIVATE SKILLS IN THE AREAS OF STUDENT-CENTERED TEACHING AND EFFECTIVE INSTRUCTIONAL PRACTICES. THIS YEAR-LONG PROGRAM FOR THOSE WITH A MINIMUM OF TWO YEARS OF TEACHING EXPERIENCE DEVELOPS EFFECTIVE EDUCATIONAL LEADERS SERVING STUDENTS IN JACKSONVILLES HIGHEST AREAS OF NEED. INDIVIDUAL COACHING, MENTORING, AND ONGOING WORKSHOPS ALLOW TEACHERS TO BUILD KNOWLEDGE AND SKILLS TO SUPPORT STUDENTS IN THEIR CLASSROOMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jennifer Vihrachoff Executive Dir. | OfficerTrustee | 40 | $117,969 |
Tony Boselli Jr Board Member | OfficerTrustee | 0 | $0 |
James Richardson Board Member | Trustee | 0 | $0 |
Angi Boselli Chairman | OfficerTrustee | 0 | $0 |
James Daniel Board Member | Trustee | 0 | $0 |
Jill Davis Board Member | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $256,785 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $256,785 |
Total Program Service Revenue | $500 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $209,416 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $466,701 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $117,969 |
Compensation of current officers, directors, key employees. | $57,782 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $47,121 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $15,144 |
Payroll taxes | $21,940 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $8,164 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $5,723 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $152 |
Travel | $5,488 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $4,100 |
All other expenses | $0 |
Total functional expenses | $371,182 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $96,453 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $96,453 |
Accounts payable and accrued expenses | $520 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $520 |
Net assets without donor restrictions | $95,933 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $96,453 |