Bolotnick Seaver Family Foundation Inc
- Assets
- $3.6m
- Revenue
- $101.4k
- Investments
- $3.5m
- Employees
- 0
- Location
- Boston, MA
- Founding
- 07/2019
- Data as of
- 12/2023
- EIN
- 83-3555556
Organization Overview
Bolotnick Seaver Family Foundation Inc is located in Boston, MA. The organization was established in 2019. 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. Bolotnick Seaver Family 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 12/2023, Bolotnick Seaver Family Foundation Inc generated $101.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (49.4%) each year.
Since 2020, Bolotnick Seaver Family Foundation Inc has awarded 68 individual grants totaling $675,000. 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 |
|---|---|---|---|
Tracey J Bolotnick President/clerk/director | 2 | $0 | |
Robert A Seaver Treasurer/director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,975 |
| Dividends & Interest | $80,936 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,519 |
| Capital Gain Net Income | $13,573 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $101,430 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,670 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $4,560 |
| Contributions, gifts, grants paid | $146,000 |
| Total expenses and disbursements | $150,560 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $187,867 |
| 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 | $2,710,003 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,649,760 |
| 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 |
Grants Awarded
Over the last fiscal year, Bolotnick Seaver Family Foundation Inc has awarded $146,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
INVICTUS YOUTH WRESTLING INC PURPOSE: PROGRAM SUPPORT | $10,000 |
GEORGE WASHINGTON UNIVERSITY PURPOSE: PROGRAM SUPPORT | $10,000 |
CAMBRIDGE SCHOOL OF WESTON PURPOSE: PROGRAM SUPPORT | $5,000 |
BOSTON LATIN SCHOOL ASSOCIATION PURPOSE: PROGRAM SUPPORT | $5,000 |
CENTER FOR COASTAL STUDIES PURPOSE: PROGRAM SUPPORT | $20,000 |
FRIENDS OF THE SOUTH END LIBRARY PURPOSE: PROGRAM SUPPORT | $1,000 |