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Boyce Family Foundation is a private trust based in LAKE FOREST, IL. The foundation received its IRS ruling in 1995. The principal officer is Donald N Boyce Trustee. It holds total assets of $816K. Annual income is reported at $148K. Total assets have decreased from $1.1M in 2010 to $814K in 2022. The foundation is governed by 6 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 2020 to 2023. Funding is distributed across 4 states, including Illinois, New York, Massachusetts. According to available records, Boyce Family Foundation has made 21 grants totaling $348K, with a median grant of $10K. Annual giving has grown from $100K in 2021 to $124K in 2023. Grantmaking activity was highest in 2022 with $124K distributed across 7 grants. Individual grants have ranged from $4K to $50K, with an average award of $17K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in New York, Illinois, Minnesota, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$12K
Average Grant
$18K
Largest Grant
$50K
Based on 7 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.
Boyce Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in NY, IL, MN.
Boyce Family Foundation has distributed a total of $348K across 21 grants. The median grant size is $10K, with an average of $17K. Individual grants have ranged from $4K to $50K.
Boyce Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Boyce Family Foundation is headquartered in LAKE FOREST, IL. While based in IL, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy Boyce | TRUSTEE | $0 | $0 | N/A |
| Donald N Boyce | TRUSTEE | $0 | $0 | N/A |
| Tammy Skinner | TRUSTEE | $0 | $0 | N/A |
| Daniel Boyce | TRUSTEE | $0 | $0 | N/A |
| Jeris S Boyce | TRUSTEE | $0 | $0 | N/A |
| Mark Boyce | TRUSTEE | $0 | $0 | N/A |
Total Giving
$130K
Total Assets
$814K
Fair Market Value
$2.2M
Net Worth
$814K
Grants Paid
$124K
Contributions
$4K
Net Investment Income
$116K
Distribution Amount
$103K
Total: N/A
Total Grants
21
Total Giving
$348K
Average Grant
$17K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bosco FoundationRELIGIOUS ACTIVITIES | Lake Forest, IL | $12K | 2023 |
| Rochester Institute Of TechnologyHIGHER EDUCATION | Rochester, NY | $50K | 2023 |
| Northwestern Lake Forest HospitalHEALTH CARE SERVICES AND EDUCATION | Lake Forest, IL | $25K | 2023 |
| Mayo Clinic FoundationMEDICAL RESEARCH | Rochester, MN | $15K | 2023 |
| Habitat For HumanityHOUSING DEVELOPMENT | Batavia, NY | $10K | 2023 |
| Dean CollegeEDUCATION | Franklin, MA | $7K | 2023 |
| Garrett Evangelical Theological SeminaryRELIGIOUS EDUCATION | Evanston, IL | $5K | 2023 |