The BOV Foundation Inc is a private foundation established in 2020 and based in Hopewell, New Jersey. It operates as a 501(c)(3) charitable organization focused on providing financial support to community-based initiatives across multiple sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.8M
+6.1% YoY
Annual Giving
$471K
+15.0% YoY
Grant Count
37
+27.6% YoY
Avg Grant Size
$13K
-9.8% YoY
Mission & Focus Areas
The foundation primarily funds general unrestricted grants to nonprofit organizations. Its funding priorities include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
- Community Health
- Health and Medical initiatives
- Health and Wellness
- Wildlife conservation
Grantmaking
The foundation accepts applications from prospective grantees.
Grant Range
$1,000 to $202,750
Average Grant
amount varies by year
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- New Jersey
- Florida
- Pennsylvania
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $8,827,900
- Total Giving: $470,816
- Total Revenues: $302,768
- Total Expenses: $985,407
- Number of Employees: 0
- Giving Rate: 4.9% of assets
As of 2023:
- Total Assets: $8.3 million
- Total Giving: $409,300
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,827,900 | $8,321,379 | $7,803,281 |
| Revenue | $302,768 | $-332,055 | $447,118 |
| Expenses | $985,407 | $787,044 | $750,330 |
| Qualifying Distributions | $470,816 | $409,300 | $505,625 |
| Net Investment Income | $241,009 | $274,858 | $279,331 |
| Distributable Amount | $409,100 | $387,319 | $430,501 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
134 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Mark Bovenizer - President and Trustee of The BOV Foundation (since May 2020)
Mark Bovenizer also serves as:
- Board Member at Crohn's & Colitis Foundation (since January 2023)
- Board Member at Hopewell Old School Baptist Church (since February 2023)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK BOVENIZER | TRUSTEE | 40 | $231,923 |
| LYNN BOVENIZER | TRUSTEE | — | — |
| GEORGE BOVENIZER | TRUSTEE | 5 | $22,080 |
Recent News & Activity
Recent developments and announcements
In 2025, the foundation received public recognition for donating to the Hopewell Township Police K-9 program, demonstrating its commitment to local law enforcement and community welfare initiatives.
[PDF] Proclamation - Hopewell TownshipSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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New Digital Trade Coalition Ndtc
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Assets
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Stephen J Machuta Scholarship Trust
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Assets
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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