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
Under IRS private-foundation payout rules, Boddie Noell Foundation reported a distributable amount of $349K for 2024 — the minimum it must pay out in qualifying distributions.
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
Among its reported 2024 grants, the largest include East Carolina Council - Boy Scouts of America ($58,000), Boys and Girls Club of the Tar River Region ($51,250), Scholarship America ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN RED CROSS WASHINGTON, DC | CHARITABLE | $20,000 |
| BOYS AND GIRLS CLUB OF THE TAR RIVER REGION ROCKY MOUNT, NC | CHARITABLE | $51,250 |
| BOYS AND GIRLS HOMES OF NORTH CAROLINA LAKE WACCAMAW, NC | CHARITABLE | $2,000 |
| CAROLINA GATEWAY PARTNERSHIP ROCKY MOUNT, NC | CHARITABLE | $10,000 |
| CITY OF REFUGE FOUNDATION INC ROCKY MOUNT, NC | CHARITABLE | $10,000 |
| COMMUNITIES IN SCHOOLS ROCKY MOUNT, NC | CHARITABLE | $2,000 |
| EAST CAROLINA COUNCIL - BOY SCOUTS OF AMERICA KINSTON, NC | CHARITABLE | $58,000 |
| EDGECOMBE COMMUNITY COLLEGE FOUNDATION TARBORO, NC | CHARITABLE | $2,000 |
| FAITH CHRISTIAN SCHOOL ROCKY MOUNT, NC | CHARITABLE | $2,000 |
| HONORBRIDGE DURHAM, NC | CHARITABLE | $1,500 |
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
Frequently Asked Questions
What does Boddie Noell Foundation fund?
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
How do I apply for a grant from Boddie Noell Foundation?
**Grant Activity:** • Made 57 grants in 2024 • Total giving: $305,797–$307,147 • Grant range: $500–$66,000 • Median grant amount: $6,799 • Average grant amount: approximately $6,799 • Giving rate: 4.7% of assets **Recent Grants (2024):** • Boy Scouts of America - 426 East Carolina Council: $58,000 • Boys and Girls Clubs of the Tar River Region: $51,250 • Scholarship America - St Peter-Kasota Dollars for Scholar: $25,000 • Nash Community College Foundation: $3,000 • Needles Eye Ministries: $500 …
Where does Boddie Noell Foundation make grants?
The foundation primarily funds organizations in: • North Carolina • Virginia • Minnesota • Additional funding documented in California, Texas, Florida, Illinois, Maryland, and New York
What size grants does Boddie Noell Foundation award?
In 2024, Boddie Noell Foundation awarded 45 grants totaling $306K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Boddie Noell Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Boddie Noell Foundation reported a distributable amount of $349K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Boddie Noell Foundation's EIN?
Boddie Noell Foundation's EIN (Employer Identification Number) is 20-1897695. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Boddie Noell Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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