See Schedule O
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
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
15 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Edward Williams | Board Member | 1.1 | — |
| James Gore | Board Secretary | 1.1 | — |
| James Hensley | Board Chairman | 1.1 | — |
| John Reger | Board Member | 1.1 | — |
| Nada Woodie | Board Member | 1.1 | — |
| Robert Brown | Board Vice-Chairman | 1.1 | — |
| Shawn Miller | Board Member | 1.1 | — |
| Susan McCoy | Board Member | 1.1 | — |
| Thomas Bias | Board Member | 1.1 | — |
| Wyatt Scaggs | Board Member | 1.1 | — |
| Angela Christian | Chief Operating Officer | 50 | $263,443 |
| Douglas Cole Malcolm | Chief Financial Officer | 50 | $224,058 |
| Ray Harrell | CEAO and Secretary | 50 | $185,000 |
| Virgil Underwood | President and Chief Executive Officer | 50 | $336,035 |
| Brian Cortelessi | Doctor | 40 | $469,151 |
| Casey Shaun Hager | Doctor | 40 | $656,744 |
| Kenneth Chadwick Adkins | Doctor | 40 | $406,749 |
| Melissa Moody | Doctor | 40 | $469,520 |
| Philip Todd Berry | Doctor | 40 | $428,685 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
The Daywood Foundationinc
CHARLESTON, WV
Assets
$18.4M
Grants
54
Total Given
$847K
Ralph & Virginia Homan Memorial Trust
WHEELING, WV
Assets
$180K
Grants
1
Total Given
$10K
Tom C Smith Charitable Trust
HUNTINGTON, WV
Assets
$317K
Grants
1
Total Given
$40K
The Wade H and Doris Mildred Prather
PARKERSBURG, WV
Assets
$1.8M
Grants
6
Total Given
$106K
The James H and Alice Teubert
HUNTINGTON, WV
Assets
$29.1M
Grants
11
Total Given
$1.1M
Maude Mccracken Fbo First Christian Christian
WHEELING, WV
Assets
$210K
Grants
1
Total Given
$9K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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