Alex Boone Charitable Trust

Private foundation · Grantmaker Lexington, KY EIN: 61-6253244

Alex Boone Charitable Trust is a private foundation based in Lexington, Kentucky. It reported 20 grants totaling $218,245 in 2025, with recipients including Kentucky organizations working in areas such as health, equestrian sports, recovery support, and civic education.

Alex Boone Charitable Trust at a glance

In short: Alex Boone Charitable Trust gave $218K across 20 grants in 2025 (avg $11K), mostly in Kentucky. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$218,245
+11.6% vs 2024
Grants made (2025)
20
+25.0% vs 2024
Average grant
$10,912
-10.7% vs 2024
Median grant
$10,000
Total assets
$1,821,959
+3.9% vs 2024
Primary geography
Kentucky (90% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026.

How to apply to Alex Boone Charitable Trust

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 376 South Broadway, Lexington, KY 40508
Phone: (859) 259-9600

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Alex Boone Charitable Trust funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

UK Sanders Brown Center Aging: $25KUK Sanders Brown Center Aging$25KThe Markey Cancer Center: $23KThe Markey Cancer Center$23KKentucky Horse Park Foundation: $20KKentucky Horse Park Foundation$20KNational Horse Show Association of America: $20KNational Horse ShowAssociation of America$20KUniversity of Kentucky: $20KUniversity of Kentucky$20KEquestrian Events Inc: $15KEquestrian Events Inc$15KChrysalis House: $12KChrysalis House$12KFraternal Firefighters: $10KFraternal Firefighters$10KHenry Clay Center for Statesmanship: $10KHenry Clay Center forStatesmanship$10KUrban League of Lex-Fayette: $10KUrban League of Lex-Fayette$10K

The largest 2025 recipient was UK Sanders Brown Center Aging ($25K). Together the top 10 received $165K.

Grant Size Distribution

73 grants across all recorded years

69<$50K2$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 69 grants of 73 (95%).

Geographic Focus

Where this funder awards grants

The foundation’s 2025 filing reports that 90% of grant dollars went to recipients in Kentucky, 5% to recipients in Colorado, 5% to recipients in Virginia, and 1% to recipients in Florida.

Grant Distribution by State

7states

Share of 2025 grant dollars across all 20 itemized grants.

Cities

LexingtonGladstonePalm BeachCrested ButteWoodberry ForestSouthwickGunnisonLouisvilleRichmondWallkill

How Alex Boone Charitable Trust gives

  • 75% of 2025 grantees were also funded in 2024. Method
  • Giving fell 56% from 2022 to 2025. Method
  • In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K8 grants2020 4 grants2021 17 grants2022 16 grants2023 16 grants2024 20 grants2025

From 2020 to 2025, annual grant giving ranged from $33K (2021) to $495K (2022). In 2025 it made 20 grants totaling $218K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
UK Sanders Brown Center Aging Lexington, KYSubsidy$25,000
The Markey Cancer Center Lexington, KYSubsidy$23,000
Kentucky Horse Park Foundation Lexington, KYSubsidy$20,000
National Horse Show Association of America Lexington, KYSubsidy$20,000
University of Kentucky Lexington, KYSubsidy$20,000
Equestrian Events Inc Lexington, KYSubsidy$15,000
Chrysalis House Lexington, KYSubsidy$11,500
Fraternal Firefighters Lexington, KYSubsidy$10,000
Henry Clay Center for Statesmanship Lexington, KYSubsidy$10,000
Urban League of Lex-Fayette Lexington, KYSubsidy$10,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$1,821,959$316,294$248,091$218,24520$219,620$290,796$247,148
2024$1,753,756$206,979$223,669$195,49316$197,005$137,453$224,609
2023$1,770,446$71,093$182,173$159,90016$161,200$50,120$197,330
2022$1,881,526$106,777$567,003$494,50017$496,000$82,533$225,372
2021$2,341,752$125,813$55,655$32,5004$33,750$103,908$264,981
2020$2,274,395$141,535$101,588$72,9948—$123,599$195,450

Under IRS private-foundation payout rules, Alex Boone Charitable Trust reported a distributable amount of $247K for 2025 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose own missions describe work in several areas. For example, Chrysalis House says it provides family-oriented treatment and recovery support for women with substance use disorders; the Henry Clay Center for Statesmanship describes educating future leaders in statesmanship, dialogue, negotiation, and compromise; and Equestrian Events Inc. says it supports the development of equestrian sports through high-level events and development opportunities.

Other 2025 recipients include the Kentucky Horse Park Foundation, whose stated sole purpose is to support the Kentucky Horse Park, and Jubilee Jobs of Lexington, whose stated mission is to help disadvantaged job seekers in Central Kentucky gain employment and receive follow-up counseling.

Grantmaking

In 2025, the foundation reported 20 grants totaling $218,245. Grants ranged from $2,000 to $25,000, with a median grant of $10,000.

Among the largest reported grants were $25,000 to UK Sanders Brown Center on Aging, $23,000 to the Markey Cancer Center, $20,000 each to the Kentucky Horse Park Foundation, National Horse Show Association of America, and University of Kentucky, and $15,000 to Equestrian Events Inc. Other reported awards included $11,500 to Chrysalis House; $10,000 each to Fraternal Firefighters, Henry Clay Center for Statesmanship, Urban League of Lexington-Fayette, Woodberry Forest School, and Blue Wings of Hope.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Alex Boone as trustee.

Alex Boone Charitable Trust is led by Alex Boone, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Alex Boone

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Alex Boone Charitable Trust

How much does Alex Boone Charitable Trust give each year?

Alex Boone Charitable Trust gave $218K across 20 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $195K across 16 grants.

What is Alex Boone Charitable Trust's typical grant size?

Alex Boone Charitable Trust's median grant in 2025 was $10,000, and its average grant was $10,912, across 20 grants on its 2025 IRS Form 990-PF.

Where does Alex Boone Charitable Trust give grants?

Alex Boone Charitable Trust gives mostly in Kentucky: 90% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Lexington, KY (16 grants).

Does Alex Boone Charitable Trust give general operating support?

Not in 2025: none of the 20 grants with a stated purpose on Alex Boone Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Subsidy" (20 grants).

Who are Alex Boone Charitable Trust's largest grantees?

Alex Boone Charitable Trust's largest 2025 grantees include UK Sanders Brown Center Aging ($25,000), The Markey Cancer Center ($23,000) and Kentucky Horse Park Foundation ($20,000), according to its 2025 IRS Form 990-PF. Together they received 31% of its itemized 2025 grant dollars.

How large is Alex Boone Charitable Trust?

Alex Boone Charitable Trust reported $1.8M in total assets on its 2025 IRS Form 990-PF. It paid out $220K in qualifying distributions that year, against a required minimum of $247K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Alex Boone Charitable Trust fund?

No mission statement for the foundation is provided. Its 2025 grants included support for organizations whose own missions describe work in several areas. See mission & focus areas ↑

How do I apply for a grant from Alex Boone Charitable Trust?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2020–2025.

Does Alex Boone Charitable Trust accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS July 7, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS August 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS March 10, 2025)
  6. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 16, 2026)
  7. IRS filings on file for fiscal years 2020–2025

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Cite this profile

Grantable. (2026). Alex Boone Charitable Trust funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/alex-boone-charitable-trust-morg_a988409dedff49d7a886cd255919bbaf

BibTeX
@misc{grantable_616253244_2026,
  author       = {{Grantable}},
  title        = {{Alex Boone Charitable Trust funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/alex-boone-charitable-trust-morg_a988409dedff49d7a886cd255919bbaf},
  note         = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Alex Boone Charitable Trust's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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