The Boddie Noell Foundation is a corporate foundation based in Rocky Mount, North Carolina. Established in 2005, it operates as a 501(c)(3) organization with EIN 20-1897695. The foundation is affiliated with Boddie-Noell Enterprises, Inc., a major Hardee's franchise operator with 336 restaurant locations across North Carolina, Virginia, South Carolina, and Kentucky.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$6.9M
+9.9% YoY
Annual Giving
$306K
-4.9% YoY
Grant Count
45
+2.3% YoY
Avg Grant Size
$7K
-7.0% YoY
Mission & Focus Areas
The foundation has not publicly provided a formal mission statement. However, its grantmaking demonstrates a focus on:
- Education
- Youth development
- Human services
- Philanthropy and voluntarism
- Religious organizations and churches
- Animal welfare
- Food security and food pantries
- Student scholarships and clubs
Grantmaking
Grants are classified as charitable in nature with no specific application process information available in public sources.
Grant Range
$500–$66,000
Average Grant
amount: approximately $6,799
How to Apply
information available in public sources.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- North Carolina
- Virginia
- Minnesota
- Additional funding documented in California, Texas, Florida, Illinois, Maryland, and New York
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2024:
- Total assets: $6,911,094
- Total revenues: $987,505
- Total expenses: $363,567
- Total giving: $305,797–$307,147
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $6,911,094 | $6,287,156 | $6,362,508 |
| Revenue | $987,505 | $299,971 | $285,638 |
| Expenses | $363,567 | $375,323 | $317,624 |
| Qualifying Distributions | $307,147 | $322,761 | $264,139 |
| Net Investment Income | $401,016 | $254,474 | $238,453 |
| Distributable Amount | $349,342 | $310,244 | $321,478 |
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
207 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- William L Boddie – President and Director (1 hour/week)
- Michael H Hancock – Vice President and Director (1 hour/week)
- Pamela Larimer – Secretary and Treasurer (1 hour/week)
- Douglas E Anderson – Director (1 hour/week)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM L BODDIE | PRESIDENT AND DIRECTOR | 1 | — |
| MICHAEL H HANCOCK | VICE PRESIDENT AND DIRECTO | 1 | — |
| PAMELA LARIMER | SECRETARY AND TREASURER | 1 | — |
| DOUGLAS E ANDERSON | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported educational initiatives, including naming recognition at Nash Community College. In 2018, the Boddie Noell Foundation named the Veterinary Technology Lobby at Nash Community College.
Boddie-Noell Foundation Names NCC Vet Tech LobbyThe parent company, Boddie-Noell Enterprises, has demonstrated commitment to community causes through fundraising campaigns at its Hardee's locations, including the annual Stars For Heroes program supporting military families and veterans, and fundraising for Special Olympics Virginia.
Hardee's Operator Boddie-Noell Will Receive Special Olympics Virginia's TopSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Total Given
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Ihope Foundation
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Total Given
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Orange County Partnership for Young
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Total Given
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North Carolina Baptist Hospital
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Assets
$2.8B
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Total Given
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The Anne Shuford Mcbryde
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Assets
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Total Given
$49K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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