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Boustead Family Foundation Inc. is a private corporation based in ADIRONDACK, NY. The foundation received its IRS ruling in 1998. It holds total assets of $3.5M. Annual income is reported at $1.2M. 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 2023. The foundation primarily funds organizations in Pennsylvania and New York. According to available records, Boustead Family Foundation Inc. has made 61 grants totaling $780K, with a median grant of $5K. Annual giving has grown from $180K in 2020 to $400K in 2022. Individual grants have ranged from $2K to $75K, with an average award of $13K. The foundation has supported 19 unique organizations. The foundation primarily supports organizations in Pennsylvania, New York, Connecticut, which account for 90% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$5K
Average Grant
$12K
Largest Grant
$33K
Based on 15 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.
Boustead Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in PA, NY, CT.
Boustead Family Foundation Inc. has distributed a total of $780K across 61 grants. The median grant size is $5K, with an average of $13K. Individual grants have ranged from $2K to $75K.
Boustead Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Boustead Family Foundation Inc. is headquartered in ADIRONDACK, NY. While based in NY, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Douglas Boustead | PRESIDENT | $0 | $0 | N/A |
| Michael Boustead | SECRETARY/TREASURER | $0 | $0 | N/A |
Total Giving
$263K
Total Assets
$3.6M
Fair Market Value
$4.7M
Net Worth
$3.6M
Grants Paid
$200K
Contributions
N/A
Net Investment Income
$232K
Distribution Amount
$186K
Total: $2.9M
Total Grants
61
Total Giving
$780K
Average Grant
$13K
Median Grant
$5K
Unique Recipients
19
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| York SymphonyUNRESTRICTED SUPPORT | York, PA | $75K | 2022 |
| Allegheny College - Annual FundUNRESTRICTED SUPPORT | Meadville, PA | $20K | 2022 |
| Schroon Lake EmsUNRESTRICTED SUPPORT | Schroon Lake, NY | $20K | 2022 |
| North Country SpcaUNRESTRICTED SUPPORT | Westport, NY | $20K | 2022 |
| York CollegeUNRESTRICTED SUPPORT | York, PA | $13K | 2022 |
| Spca Of Upstate New York IncUNRESTRICTED SUPPORT | Queensbury, NY | $10K | 2022 |
| St Matthews Lutheran Evangelical ChurchUNRESTRICTED SUPPORT | York, PA | $8K | 2022 |
| American Bird ConservancyUNRESTRICTED SUPPORT | The Plains, VA | $5K | 2022 |
| Cornell Lab Of OrnithologyUNRESTRICTED SUPPORT | Greenwich, CT | $5K | 2022 |
| Crane Mountain Valley Horse Rescue IncUNRESTRICTED SUPPORT | Westport, NY | $5K | 2022 |
| Friends Of The Schroon Lake LibraryUNRESTRICTED SUPPORT | Schroon Lake, NY | $5K | 2022 |
| Guiding Eyes For The BlindUNRESTRICTED SUPPORT | Yorktown Heights, NY | $5K | 2022 |
| Schroon Lake Volunteer Fd IncUNRESTRICTED SUPPORT | Schroon Lake, NY | $3K | 2022 |
| Wheatland ChoraleUNRESTRICTED SUPPORT | Lancaster, PA | $3K | 2022 |
| Messiah CollegeUNRESTRICTED SUPPORT | Mechanicsburg, PA | $3K | 2022 |
| Schroon-North Hudson Snowmobile Association IncUNRESTRICTED SUPPORT | Schroon Lake, NY | $2K | 2022 |
| Spiritrust Lutheran FoundationUNRESTRICTED SUPPORT | York, PA | $23K | 2021 |
| Womens Care CenterUNRESTRICTED SUPPORT | South Bend, IN | $10K | 2021 |