Boone Foundation Inc

TUSCALOOSA, AL EIN: 63-1187751

Boone Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $107K in total assets. In 2024, it awarded 1 grants totaling $10K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$107K

-3.5% YoY

Annual Giving

$10K

-55.6% YoY

Grant Count

1

-50.0% YoY

Avg Grant Size

$10K

-11.1% YoY

About Boone Foundation Inc

Based on IRS filings

Boone Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in TUSCALOOSA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $107K in total assets. In 2024, it awarded 1 grants totaling $10K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BirminghamHaydenLittle RockSelmaTuscaloosaTusclaoosa

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$17K$34K$51K$68K20202021202220232024
Metric202420232022
Total Assets$106,863$110,733$133,908
Revenue$6,805
Expenses$10,675$23,175$4,066
Qualifying Distributions$10,675$22,500$3,000
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$15K$30K$45K$60K9 grants20205 grants20211 grants20222 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

UAB OPTIC NERVE RETINAL …$10K

Grant Size Distribution

18 grants across all recorded years

18<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
CAROLYN FARRIOR BOONEPresident5
EST OF JAMES B BOONESecretary1
J BUFORD BOONE IIIDirector3

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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