Boone Memorial Hospital Inc logo

Boone Memorial Hospital Inc

Foundation · Grantmaker Madison, WV EIN: 55-0477361 Website

See Schedule O

Key facts about Boone Memorial Hospital Inc

EIN
55-0477361
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$174,543
Grants made (2024)
7
Average grant
$24,935
Median grant
$12,500
Total assets
$83,979,484
Primary geography
West Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Boone Memorial Hospital Inc funds

By grant dollars, the top recipient states for Boone Memorial Hospital Inc's 7 itemized 2024 grants were West Virginia (100%). The most frequent recipient cities were Danville, WV (2 grants) and Madison, WV (2 grants). 29% of grants with a stated purpose were for general or operating support.

Next steps with Boone Memorial Hospital Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$84.0M

+16.5% YoY

Annual Giving

$175K

+46.2% YoY

Grant Count

7

+133.3% YoY

Avg Grant Size

$25K

-37.3% YoY

About Boone Memorial Hospital Inc

Based on IRS filings

Boone Memorial Hospital Inc is a nonprofit organization focused on Health, based in Madison, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $84.0M in total assets. In 2024, it awarded 7 grants totaling $175K. Net investment income was $1.8M.

Focus Areas

Your AI grants department

Ready to take the next step with Boone Memorial Hospital Inc?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 7 itemized 2024 grant dollars.

Cities

MadisonDanvilleLoganFairmontNellis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$24M$48M$72M$97M20202021202220232024
Metric202420232022
Total Assets$83,979,484$72,082,428$67,379,046
Revenue$87,824,630$72,177,450$67,370,697
Expenses$84,878,404$70,345,825$65,156,148
Qualifying Distributions———
Net Investment Income$1,765,254$738,715$104,781
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$44K$87K$131K$175K0 grants20200 grants20215 grants20223 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Town of Danville: $70KTown of Danville$70KWV Game Changer: $46KWV Game Changer$46KAracoma Story: $17KAracoma Story$17KWaterways 2023 Concert Series: $13KWaterways 2023 Concert Series$13KBoone County Sheriff's Department: $11KBoone County Sheriff'sDepartment$11KBARN Community Group: $10KBARN Community Group$10KBoone County Community Org: $8KBoone County Community Org$8K

Grant Size Distribution

15 grants across all recorded years

12<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Town of Danville ($70,000), WV Game Changer ($46,000), Aracoma Story ($16,542).

RecipientPurposeAmount
Town of Danville Danville, WVoperational support$70,000
WV Game Changer Fairmont, WVSubstance Abuse Education$46,000
Aracoma Story Logan, WVNew Sound System$16,542
Waterways 2023 Concert Series Madison, WV2023 Concert Series$12,500
Boone County Sheriff's Department Madison, WVAED's for all Cruisers$11,251
BARN Community Group Nellis, WVoperational support$10,000
Boone County Community Org Danville, WVDelivery Vehicle$8,250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Casey Shaun Hager — Doctor: $657KCasey Shaun HagerDoctor$657KMelissa Moody — Doctor: $470KMelissa MoodyDoctor$470KBrian Cortelessi — Doctor: $469KBrian CortelessiDoctor$469KPhilip Todd Berry — Doctor: $429KPhilip Todd BerryDoctor$429KKenneth Chadwick Adkins — Doctor: $407KKenneth Chadwick AdkinsDoctor$407KVirgil Underwood — President and Chief Executive Officer: $336KVirgil UnderwoodPresident and Chief Executive…$336KAngela Christian — Chief Operating Officer: $263KAngela ChristianChief Operating Officer$263KDouglas Cole Malcolm — Chief Financial Officer: $224KDouglas Cole MalcolmChief Financial Officer$224KRay Harrell — CEAO and Secretary: $185KRay HarrellCEAO and Secretary$185K

From 2024 IRS filing

NameTitleHoursCompensation
Edward WilliamsBoard Member1.1—
James GoreBoard Secretary1.1—
James HensleyBoard Chairman1.1—
John RegerBoard Member1.1—
Nada WoodieBoard Member1.1—
Robert BrownBoard Vice-Chairman1.1—
Shawn MillerBoard Member1.1—
Susan McCoyBoard Member1.1—
Thomas BiasBoard Member1.1—
Wyatt ScaggsBoard Member1.1—
Angela ChristianChief Operating Officer50$263,443
Douglas Cole MalcolmChief Financial Officer50$224,058
Ray HarrellCEAO and Secretary50$185,000
Virgil UnderwoodPresident and Chief Executive Officer50$336,035
Brian CortelessiDoctor40$469,151
Casey Shaun HagerDoctor40$656,744
Kenneth Chadwick AdkinsDoctor40$406,749
Melissa MoodyDoctor40$469,520
Philip Todd BerryDoctor40$428,685

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Boone Memorial Hospital Inc?

Boone Memorial Hospital Inc is a nonprofit organization focused on Health, based in Madison, WV. It holds $84.0M in total assets as of 2024.

How large is Boone Memorial Hospital Inc?

As of 2024, Boone Memorial Hospital Inc holds $84.0M in total assets with $87.8M in annual revenue. It awarded 7 grants totaling $175K in 2024.

Where does Boone Memorial Hospital Inc operate?

Boone Memorial Hospital Inc has awarded grants in West Virginia.

What size grants does Boone Memorial Hospital Inc award?

In 2024, Boone Memorial Hospital Inc awarded 7 grants totaling $175K — an average of about $25K per grant, based on its IRS Form 990 filings.

What is Boone Memorial Hospital Inc's EIN?

Boone Memorial Hospital Inc's EIN (Employer Identification Number) is 55-0477361. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Boone Memorial Hospital Inc's focus areas in our free grants database

Similar Funders

Funders that support many of the same organizations

More Funders in West Virginia

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

Your AI grants department

Here's the math on researching Boone Memorial Hospital Inc by hand.