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Boldon Foundation Inc. is a private corporation based in MARION, NC. The foundation received its IRS ruling in 1994. The principal officer is Frank L Boldon. It holds total assets of $268K. Annual income is reported at $15K. Total assets have grown from $122K in 2011 to $252K in 2023. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in North Carolina. According to available records, Boldon Foundation Inc. has made 31 grants totaling $28K, with a median grant of $450. The foundation has distributed between $9K and $10K annually from 2020 to 2022. Individual grants have ranged from N/A to $4K, with an average award of $897.097. The foundation has supported 18 unique organizations. Grant recipients are concentrated in North Carolina. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$475
Average Grant
$784
Largest Grant
$4K
Based on 12 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Boldon Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 31 grants. Its grantmaking reaches organizations primarily in NC.
Boldon Foundation Inc. has distributed a total of $28K across 31 grants. The median grant size is $450, with an average of $897.097. Individual grants have ranged from N/A to $4K.
Boldon Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Boldon Foundation Inc. is headquartered in MARION, NC.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jeffrey L Boldon | VICE PRESIDENT | $0 | $0 | N/A |
| Cole Conner | VICE PRESIDENT | $0 | $0 | N/A |
| Frank Boldon | PRESIDENT | $0 | $0 | N/A |
| Debra Boldon | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$8K
Total Assets
$252K
Fair Market Value
$158K
Net Worth
$252K
Grants Paid
$7K
Contributions
N/A
Net Investment Income
$16K
Distribution Amount
$7K
Total: $244K
Total Grants
31
Total Giving
$28K
Average Grant
$897.097
Median Grant
$450
Unique Recipients
18
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First Methodist ChurchLOCAL PROJECTS | Marion, NC | $2K | 2022 |
| Mcdowell High SchoolEDUCATION/PUBLIC WELL-BEING | Marion, NC | $4K | 2022 |
| Mcdowell MissionsPUBLIC WELL-BEING | Marion, NC | $1K | 2022 |
| New Hope Of Mcdowell CntyPUBLIC WELL-BEING | Marion, NC | $1K | 2022 |
| Loving Hearts Bear ClosetPUBLIC WELL-BEING | Marion, NC | $500 | 2022 |
| Foothills Food HubPUBLIC WELL-BEING | Marion, NC | $275 | 2022 |
| Live Like Megan FoundationPUBLIC WELL-BEING | Marion, NC | $200 | 2022 |
| Sunny Grove Baptist ChLOCAL PROJECTS | Nebo, NC | $100 | 2022 |
| Carson HouseLOCAL ENHANCEMENT | Marion, NC | $100 | 2022 |
| Care Net CouncilingPUBLIC WELL-BEING | Marion, NC | $100 | 2022 |
| Mcdowell Trails AssocLOCAL ENHANCEMENT | Marion, NC | $100 | 2022 |
| Mcdowell RescuePUBLIC WELL BEING | Marion, NC | $250 | 2021 |
| United Way Of Haywood CoLOCAL ENHANCEMENT | Waynesville, NC | $100 | 2021 |
| City Of MarionLOCAL ENHANCEMENT | Marion, NC | $800 | 2020 |
| Mcdowell County SchoolsPUBLIC WELL BEING | Marion, NC | $600 | 2020 |
| Gateway Wellness FoundPUBLIC WELL BEING | Marion, NC | $500 | 2020 |
| The LandingLOCAL ENHANCEMENT | Cullowhee, NC | $250 | 2020 |
| Carenet Counseling MarionPUBLIC WELL BEING | Marion, NC | $200 | 2020 |