Bollag Family Foundation
- Assets
- $297.0k
- Revenue
- $186.2k
- Investments
- $285.3k
- Employees
- 0
- Location
- Concord, NC
- Founding
- 02/2018
- Data as of
- 12/2023
- EIN
- 82-3692114
Organization Overview
Bollag Family Foundation is located in Concord, NC. The organization was established in 2018. 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. Bollag Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2018, Bollag Family Foundation has awarded 379 individual grants totaling $542,939. 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 |
|---|---|---|---|
Mitchel S Bollag Chairman | 0.5 | $0 | |
Alexander H Bollag Vice Chairman | 0.5 | $0 | |
Linda M Bollag President | 0.5 | $0 | |
Nina S Tracy Secretary | 0.5 | $0 | |
Gabriel Y Bollag Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $161,885 |
| Interest on Savings | $107 |
| Dividends & Interest | $7,514 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $16,732 |
| Capital Gain Net Income | $16,732 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $186,238 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $215 |
| Taxes | $300 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $60 |
| Total operating and administrative expenses | $3,075 |
| Contributions, gifts, grants paid | $204,233 |
| Total expenses and disbursements | $207,308 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $11,703 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $297,017 |
| 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 | $19 |
| Total liabilities | $19 |
Grants Awarded
Over the last fiscal year, Bollag Family Foundation has awarded $204,233 in support to 63 organizations.
| Grant Recipient | Amount |
|---|---|
COUNCIL FOR CHILDRENS RIGHTS INC PURPOSE: GENERAL SUPPORT | $500 |
INTERNATIONAL LABOR RIGHTS FORUM PURPOSE: GENERAL SUPPORT | $65,000 |
OXFAM-AMERICA INC PURPOSE: GENERAL SUPPORT | $1,000 |
MUSEUM OF THE PALESTINIAN PEOPLE PURPOSE: GENERAL SUPPORT | $228 |
NATIONAL WILDLIFE FEDERATION PURPOSE: GENERAL SUPPORT | $500 |
CHILD CARE RESOURCES INC PURPOSE: GENERAL SUPPORT | $250 |