Bolt Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $841K in total assets. In 2024, it awarded 9 grants totaling $230K. Net investment income was $95K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$841K
-14.4% YoY
Annual Giving
$230K
+17.9% YoY
Grant Count
9
+50.0% YoY
Avg Grant Size
$26K
-21.4% YoY
Under IRS private-foundation payout rules, Bolt Family Foundation reported a distributable amount of $53K for 2024 — the minimum it must pay out in qualifying distributions.
About Bolt Family Foundation
Based on IRS filings
Bolt Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $841K in total assets. In 2024, it awarded 9 grants totaling $230K. Net investment income was $95K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $840,977 | $981,891 | $1,122,068 |
| Revenue | $100,479 | $65,663 | $54,311 |
| Expenses | $240,583 | $205,716 | $233,148 |
| Qualifying Distributions | $234,559 | $199,775 | $216,765 |
| Net Investment Income | $95,194 | $49,998 | $46,714 |
| Distributable Amount | $53,312 | $57,431 | $68,413 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Paul's Choir School ($50,000), Catholic Schools Foundation ($50,000), Mclean Hospital ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ENDICOTT COLLEGE BEVERLY, MA | UNRESTRICTED GENERAL | $15,000 |
| HARBORLIGHT COMMUNITY PARTNERS BEVERLY, MA | UNRESTRICTED GENERAL | $25,000 |
| ST PAUL'S CHOIR SCHOOL CAMBRIDGE, MA | UNRESTRICTED GENERAL | $50,000 |
| MCLEAN HOSPITAL BELMONT, MA | UNRESTRICTED GENERAL | $35,000 |
| BEVERLY BOOTSTRAPS BEVERLY, MA | UNRESTRICTED GENERAL | $25,000 |
| WOUNDED WARRIOR PROJECT JACKSONVILLE, FL | UNRESTRICTED GENERAL | $10,000 |
| CATHOLIC SCHOOLS FOUNDATION BOSTON, MA | UNRESTRICTED GENERAL | $50,000 |
| ST JOHN THE EVANGELIST PARISH BEVERLY, MA | UNRESTRICTED GENERAL | $10,000 |
| ENTERTAINMENT INDUSTRY FOUNDATION LOS ANGELES, CA | UNRESTRICTED GENERAL | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM J BOLT | CO-FIDUCIARY | 1 | — |
| NOREEN T BOLT | CO-FIDUCIARY | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bolt Family Foundation?
Bolt Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $841K in total assets as of 2024.
How large is Bolt Family Foundation?
As of 2024, Bolt Family Foundation holds $841K in total assets with $100K in annual revenue. It awarded 9 grants totaling $230K in 2024.
Where does Bolt Family Foundation operate?
Bolt Family Foundation has awarded grants in California, Florida, Massachusetts, Tennessee.
What size grants does Bolt Family Foundation award?
In 2024, Bolt Family Foundation awarded 9 grants totaling $230K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is Bolt Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bolt Family Foundation reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bolt Family Foundation's EIN?
Bolt Family Foundation's EIN (Employer Identification Number) is 83-6312684. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bolt Family Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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