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The Bost Foundation is a private corporation based in CORNELIUS, NC. The foundation received its IRS ruling in 1986. It holds total assets of $457K. Annual income is reported at $62K. Total assets have decreased from $707K in 2011 to $460K in 2023. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. Grantmaking is concentrated in North Carolina. According to available records, The Bost Foundation has made 21 grants totaling $173K, with a median grant of $1K. Annual giving has grown from $52K in 2020 to $122K in 2022. Individual grants have ranged from $250 to $100K, with an average award of $8K. The foundation has supported 11 unique organizations. The foundation primarily supports organizations in North Carolina, PR, Tennessee, which account for 90% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$250
Median Grant
$1K
Average Grant
$11K
Largest Grant
$100K
Based on 11 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.
The Bost Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 21 grants. Its grantmaking reaches organizations primarily in NC, PR, TN.
The Bost Foundation has distributed a total of $173K across 21 grants. The median grant size is $1K, with an average of $8K. Individual grants have ranged from $250 to $100K.
The Bost Foundation typically selects its grantees rather than accepting unsolicited proposals. Gifts will be made only to tax exempt organizations.
The Bost Foundation is headquartered in CORNELIUS, NC. While based in NC, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| H Morrison Johnston | DIRECTOR | $0 | $0 | N/A |
| Mark E Bost | VP | $0 | $0 | N/A |
| Edward B Bost | PRESIDENT | $0 | $0 | N/A |
Total Giving
$21K
Total Assets
$460K
Fair Market Value
$471K
Net Worth
$460K
Grants Paid
$21K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$23K
Total Grants
21
Total Giving
$173K
Average Grant
$8K
Median Grant
$1K
Unique Recipients
11
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mt Zion United Methodist ChurchHURRICANE AID | Cornelius, NC | $1K | 2022 |
| Cornelius Arts & Community CenterART CENTER | Cornelius, NC | $100K | 2022 |
| The Union Church Of San JuanCAPITAL IMPROVEMENTS & MAINTENANCE | San Juan, PR | $5K | 2022 |
| St Jude'S Children'S Research HospOPERATIONS | Johnson City, TN | $5K | 2022 |
| Prisms IncOPERATIONS | Sterling, VA | $5K | 2022 |
| Davidson Community PlayersOPERATIONS | Davidson, NC | $1K | 2022 |
| Nc Zoo SocietyOPERATIONS | Asheboro, NC | $1K | 2022 |
| Hope House FoundationOPERATIONS | Huntersville, NC | $1K | 2022 |
| Angels And SparrowsOPERATIONS | Huntersville, NC | $1K | 2022 |
| Neighborhood Care CenterOPERATIONS | Cornelius, NC | $1K | 2022 |
| Divers Alert NetworkOPERATIONS | Durham, NC | $250 | 2022 |