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Bourne Foundation Inc. is a private corporation based in CHARLOTTE, NC. The foundation received its IRS ruling in 1999. The principal officer is Ernest C Bourne. It holds total assets of $424K. Annual income is reported at $402K. Total assets have decreased from $531K in 2011 to $424K in 2024. The foundation is governed by 2 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 2015 to 2024. The foundation primarily funds organizations in North Carolina and Florida. According to available records, Bourne Foundation Inc. has made 25 grants totaling $95K, with a median grant of $2K. The foundation has distributed between $23K and $48K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $48K distributed across 8 grants. Individual grants have ranged from $250 to $12K, with an average award of $4K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in North Carolina, Florida, Texas, which account for 96% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$2K
Average Grant
$2K
Largest Grant
$8K
Based on 10 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.
Bourne Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 25 grants. Its grantmaking reaches organizations primarily in NC, FL, TX.
Bourne Foundation Inc. has distributed a total of $95K across 25 grants. The median grant size is $2K, with an average of $4K. Individual grants have ranged from $250 to $12K.
Bourne Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Bourne Foundation Inc. is headquartered in CHARLOTTE, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Raymond Bourne | Managing Trustee | $0 | $0 | N/A |
| Benjamin Bourne | Trustee | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$424K
Fair Market Value
N/A
Net Worth
$424K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
25
Total Giving
$95K
Average Grant
$4K
Median Grant
$2K
Unique Recipients
19
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bethesda By The SeaSUPPORTING CHARITABLE ACTIVITIES | Palm Beach, FL | $250 | 2020 |
| Blumenthal Performing ArtsSupporting Charitable Activities | Charlotte, NC | $12K | 2023 |
| Urban PromiseSupporting Charitable Activities | Charlotte, NC | $4K | 2023 |
| Mauli Ola FoundationSupporting Charitable Activities | Wilmington, NC | $3K | 2023 |
| Search MinistriesSupporting Charitable Activities | Fort Worth, TX | $2K | 2023 |
| Long Leaf AllianceSupporting Charitable Activities | Andalusia, AL | $2K | 2023 |
| West Blvd MinistriesSupporting Charitable Activities | Charlotte, NC | $2K | 2023 |
| Hospice Of Lower Cape FearSupporting Charitable Activities | Wilmington, NC | $1K | 2023 |
| UncSUPPORTING CHARITABLE ACTIVITIES | Charlotte, NC | $10K | 2022 |
| Wfu School Of BusinessSUPPORTING CHARITABLE ACTIVITIES | Winstonsalem, NC | $969 | 2022 |
| Blumenthal Performimg ArtsSUPPORTING CHARITABLE ACTIVITIES | Charlotte, NC | $8K | 2020 |
| Sylvester Comprehensive Cancer CenterSUPPORTING CHARITABLE ACTIVITIES ACTIVITIES | Miami, FL | $5K | 2020 |
| Wake Forest UniversitySUPPORTING EDUCATIONAL ACTIVITIES | Winston Salem, NC | $2K | 2020 |
| N C State UniversitySUPPORTING CHARITABLE ACTIVITIES | Raleigh, NC | $2K | 2020 |
| Myers Park United ChurchSUPPORTING CHARITABLE ACTIVITIES | Charlotte, NC | $2K | 2020 |
| Paramount ChurchSUPPORTING CHARITABLE ACTIVITIESSUPPORTING CHARITABLE ACTIVITIES | Palm Beach, FL | $2K | 2020 |
| Charlotte Country Day SchoolSUPPORTING EDUCATIONAL ACTIVITIES | Charlotte, NC | $2K | 2020 |
| Baby BundlesSUPPORTING CHARITABLE ACTIVITIES | Charlotte, NC | $500 | 2020 |
| Calvary ChurchSUPPORTING CHARITABLE ACTIVITIES | Charlotte, NC | $250 | 2020 |