Alex Boone Charitable Trust is a private foundation focused on Education, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 16 grants totaling $195K. Net investment income was $137K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
-0.9% YoY
Annual Giving
$195K
+22.3% YoY
Grant Count
16
+0.0% YoY
Avg Grant Size
$12K
+22.3% YoY
Under IRS private-foundation payout rules, Alex Boone Charitable Trust reported a distributable amount of $225K for 2024 — the minimum it must pay out in qualifying distributions.
About Alex Boone Charitable Trust
Based on IRS filings
Alex Boone Charitable Trust is a private foundation focused on Education, based in LEXINGTON, KY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 16 grants totaling $195K. Net investment income was $137K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,753,756 | $1,770,446 | $1,881,526 |
| Revenue | $206,979 | $71,093 | $106,777 |
| Expenses | $223,669 | $182,173 | $567,003 |
| Qualifying Distributions | $197,005 | $161,200 | $496,000 |
| Net Investment Income | $137,453 | $50,120 | $82,533 |
| Distributable Amount | $224,609 | $197,330 | $225,372 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
61 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Lexington School ($28,193), Kentucky Horse Park Foundation ($20,000), National Horse Show Association of America ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ADAPTIVE SPORTS CENTER CRESTED BUTTE, CO | SUBSIDY | $5,000 |
| CITIZENS POLICE ACADEMY LEXINGTON, KY | SUBSIDY | $10,000 |
| COMMONWEALTH FUND FOR KET LEXINGTON, KY | SUBSIDY | $1,800 |
| EQUESTRIAN EVENTS INC LEXINGTON, KY | SUBSIDY | $15,000 |
| FRATERNAL FIREFIGHTERS LEXINGTON, KY | SUBSIDY | $10,000 |
| HENRY CLAY CENTER FOR STATESMANSHIP LEXINGTON, KY | SUBSIDY | $15,000 |
| KENTUCKY HORSE PARK FOUNDATION LEXINGTON, KY | SUBSIDY | $20,000 |
| LEXINGTON CHALLENGER TENNIS CHARITY INC LEXINGTON, KY | SUBSIDY | $4,000 |
| NATIONAL HORSE SHOW ASSOCIATION OF AMERICA LEXINGTON, KY | SUBSIDY | $20,000 |
| THE LEXINGTON SCHOOL LEXINGTON, KY | SUBSIDY | $28,193 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALEX BOONE | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Alex Boone Charitable Trust?
Alex Boone Charitable Trust is a private foundation focused on Education, based in LEXINGTON, KY. It holds $1.8M in total assets as of 2024.
How large is Alex Boone Charitable Trust?
As of 2024, Alex Boone Charitable Trust holds $1.8M in total assets with $207K in annual revenue. It awarded 16 grants totaling $195K in 2024.
Where does Alex Boone Charitable Trust operate?
Alex Boone Charitable Trust has awarded grants in Colorado, Florida, Kentucky, Massachusetts, New Jersey, New York, Virginia.
What size grants does Alex Boone Charitable Trust award?
In 2024, Alex Boone Charitable Trust awarded 16 grants totaling $195K — an average of about $12K per grant, based on its IRS Form 990 filings.
How much is Alex Boone Charitable Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Alex Boone Charitable Trust reported a distributable amount of $225K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Alex Boone Charitable Trust's EIN?
Alex Boone Charitable Trust's EIN (Employer Identification Number) is 61-6253244. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Alex Boone Charitable Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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