Boman Charitable Foundation

WEST PALM BEACH, FL EIN: 20-5878265

Boman Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST PALM BEACH, FL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $824K in total assets. In 2025, it awarded 6 grants totaling $50K. Net investment income was $76K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$824K

+3.0% YoY

Annual Giving

$50K

+16.3% YoY

Grant Count

+20.0% YoY

Avg Grant Size

$8K

-3.1% YoY

Under IRS private-foundation payout rules, Boman Charitable Foundation reported a distributable amount of $53K for 2025 — the minimum it must pay out in qualifying distributions.

About Boman Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Colorado $98K (41%)

Idaho $55K (23%)

Minnesota $39K (16%)

Iowa $25K (11%)

Maine $14K (6%)

Pennsylvania $5K (2%)

Florida $3K (1%)

States

Colorado Florida Iowa Idaho Maine Minnesota Pennsylvania

Cities

Castle RockColorado SpringsDenverDoverEldoraMinneapolisNampaPittsburghVero Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$824,408	$800,580	$808,304
Revenue	$76,467	$38,817	$67,586
Expenses	$52,639	$46,541	$53,771
Qualifying Distributions	$52,530	$45,530	$52,930
Net Investment Income	$76,458	$38,806	$67,351
Distributable Amount	$52,878	$48,278	$44,880

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Grant Size Distribution

27 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Crazy Love Africa ($11,000), Champion Ministries ($10,000), Mission Aviation Fellowship ($10,000).

Recipient	Purpose	Amount
CHAMPION MINISTRIES CASTLE ROCK, CO	GENERAL EXEMPT PURPOSE	$10,000
CONFLUENCE MINISTRIES DENVER, CO	GENERAL EXEMPT PURPOSE	$5,000
CRAZY LOVE AFRICA DENVER, CO	GENERAL EXEMPT PURPOSE	$11,000
EAGLE PROJECTS DOVER, ME	GENERAL EXEMPT PURPOSE	$6,000
MISSION AVIATION FELLOWSHIP NAMPA, ID	GENERAL EXEMPT PURPOSE	$10,000
TRAINING LEADERS INTERNATIONAL MINNEAPOLIS, MN	GENERAL EXEMPT PURPOSE	$8,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
MARY JOAN BOMAN	CO-TRUSTEE	2	—
JANET B COE	CO-TRUSTEE	2	—
GREGORY BOMAN	CO-TRUSTEE	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Boman Charitable Foundation?

Boman Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WEST PALM BEACH, FL. It holds $824K in total assets as of 2025.

How large is Boman Charitable Foundation?

As of 2025, Boman Charitable Foundation holds $824K in total assets with $76K in annual revenue. It awarded 6 grants totaling $50K in 2025.

Where does Boman Charitable Foundation operate?

Boman Charitable Foundation has awarded grants in Colorado, Florida, Iowa, Idaho, Maine, Minnesota, Pennsylvania.

What size grants does Boman Charitable Foundation award?

In 2025, Boman Charitable Foundation awarded 6 grants totaling $50K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Boman Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Boman Charitable Foundation reported a distributable amount of $53K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.