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Boone Foundation Inc. is a private corporation based in SELMA, AL. The foundation received its IRS ruling in 1998. The principal officer is James B Boone Jr. It holds total assets of $107K. Annual income is reported at $7K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Boone Foundation Inc. has made 7 grants totaling $34K, with a median grant of $3K. Annual giving has decreased from $28K in 2021 to $6K in 2022. Individual grants have ranged from $250 to $20K, with an average award of $5K. The foundation has supported 5 unique organizations. Grant recipients are concentrated in Alabama. Contributions to this foundation are tax-deductible.
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.
Boone Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 7 grants. Its grantmaking reaches organizations primarily in AL.
Boone Foundation Inc. has distributed a total of $34K across 7 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $250 to $20K.
Boone Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Boone Foundation Inc. is headquartered in SELMA, AL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James B Boone | Secretary | $0 | $0 | N/A |
| J Buford Boone Iii | Director | $0 | $0 | N/A |
| Carolyn Farrior Boone | President | $0 | $0 | N/A |
Total Giving
$23K
Total Assets
$111K
Fair Market Value
N/A
Net Worth
$111K
Grants Paid
$23K
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total: N/A
Total Grants
7
Total Giving
$34K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
5
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Uab Optic Nerve Retinal ResearchANNUAL FUND | Birmingham, AL | $3K | 2022 |
| St Paul'S Anglican ChurchANNUAL FUND | Tuscaloosa, AL | $4K | 2021 |
| Para FoundationANNUAL FUND | Tuscaloosa, AL | $3K | 2021 |
| 2nd Chance Animal SanctuaryANNUAL FUND | Hayden, AL | $1K | 2021 |
| Uab School Of NursingANNUAL FUND | Birmingham, AL | $250 | 2021 |
BIRMINGHAM, AL
BIRMINGHAM, AL
BIRMINGHAM, AL