Boquet Foundation Inc

HOCKESSIN, DE EIN: 13-6114419

Boquet Foundation Inc is a private foundation located in Hockessin, Delaware. Established in 1962, the foundation operates as a 501(c)(3) grantmaking organization with no employees. The foundation is primarily funded through multiple designated funds including the general and unrestricted annual fund, the William Matthews scholarship fund, and the urgent and special needs fund.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.2M

+0.5% YoY

Annual Giving

$296K

+21.9% YoY

Grant Count

51

+2.0% YoY

Avg Grant Size

$6K

+19.5% YoY

Under IRS private-foundation payout rules, Boquet Foundation Inc reported a distributable amount of $314K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation supports a range of charitable causes through its grantmaking activities. Primary grantees include the Smith House Healthcare Center and various other organizations. The foundation's funding interests span multiple sectors, including healthcare, conservation, religious institutions, and community development.

Grantmaking

The Boquet Foundation made 45 grants in 2024, with a combined grant total of approximately $282,000. Recent grants include:

Grant Range

s vary, with recent awards ranging from $23,000 to $25,000 among the largest grants documented.

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Geographic Focus

Where this funder awards grants

The foundation supports organizations with geographic interests including the Adirondack region and northern New England areas, as evidenced by recent grants to regional conservation and community organizations.

Grant Distribution by State

15states
+7 more states

Cities

Blue Mountain LakeBostonBoulderBurlingtonChula VistaConcordDuboisElizabethtownEssexGrand Lake StreamHudson FallsKeeneKeene ValleyLake PlacidLawrencevilleLymeMattituckMontpelierMount JulietNew York

Financial History

Multi-year comparison from IRS filings

As of December 2024:

  • Total Assets: $3,161,526
  • Total Revenues: $365,943
  • Total Expenses: $348,851
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$242K$484K$726K$968K20202021202220232024
Metric202420232022
Total Assets$3,161,526$3,144,434$3,134,935
Revenue$365,943$282,100$366,004
Expenses$348,851$272,601$213,049
Qualifying Distributions$336,989$257,963$193,276
Net Investment Income$357,781$275,724$356,998
Distributable Amount$313,584$280,206$272,509

Giving Over Time

Total grant dollars and number of grants per year

$0$74K$148K$222K$296K45 grants202046 grants202147 grants202250 grants202351 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NORTHERN FOREST CENTER INC$25KOPEN SPACE INSTITUTE INC$25KTOWN OF WILLSBORO$25KSt JOHN'S EPISCOPAL CHURCH$23KHISPANIC SOCIETY OF AMER…$20KNATURE CONSERVANCY - ADI…$20KSAN FRANCISCO SYMPHONY$20KADIRONDACK LAND TRUST INC$16KPAINE MEMORIAL FREE LIBR…$14KAMERICAN FRIENDS OF CHRI…$10K

Grant Size Distribution

238 grants across all recorded years

238<$50K$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 include Northern Forest Center Inc ($25,000), Open Space Institute Inc ($25,000), Town of Willsboro ($25,000).

RecipientPurposeAmount
ADIRONDACK COMMUNITY ACTION PROGRAMS INC ELIZABETHTOWN, NYFOR THE TOWN OF WILLSBORO$1,000
ADIRONDACK EXPLORER INC SARANAC LAKE, NYto support the Lake Champlain Project$5,000
ADIRONDACK HISTORICAL ASSOCIATION BLUE MOUNTAIN LAKE, NYGeneral Support of the Adirondack Experience$2,500
ADIRONDACK LAND TRUST INC KEENE, NYGeneral & Unrestricted$16,000
ADIRONDACK RESEARCH CONSORTIUM PAUL SMITHS, NYGeneral & Unrestricted$1,000
ADIRONDACK SCHOLARSHIP FOUNDATION INC PLATTSBURGH, NYGeneral & Unrestricted$1,000
AMERICAN FRIENDS OF CHRIST CHURCH INC WILLSBORO, NYAmerican Friends' Scholarship Fund$3,000
AMERICAN FRIENDS OF CHRIST CHURCH INC WILLSBORO, NYIn Support of Cathedral Music Trust fund$2,000
AMERICAN FRIENDS OF CHRIST CHURCH INC WILLSBORO, NYLaw Tutors Endowment fund$10,000
BUCKLEY SCHOOL IN THE CITY OF NEW YORK NEW YORK, NYGeneral & Unrestricted$250

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Lea Paine HighetTreas1
Cynthia J MontySec1
Peter S Paine IIIVP1
Peter S Paine JrPres, Dir1
Teresa CummingsSec1

Frequently Asked Questions

What does Boquet Foundation Inc fund?

The foundation supports a range of charitable causes through its grantmaking activities. Primary grantees include the Smith House Healthcare Center and various other organizations. The foundation's funding interests span multiple sectors, including healthcare, conservation, religious institutions, and community development.

How do I apply for a grant from Boquet Foundation Inc?

The Boquet Foundation made 45 grants in 2024, with a combined grant total of approximately $282,000. Recent grants include: • Open Space Institute (Adirondack Project): $25,000 • Northern Forest Center (Benefit of Millinocket Project): $25,000 • St Johns Episcopal Church Samuel M Hayden Fund Trust UW of Mary F E (General & Unrestricted): $23,000 Grant sizes vary, with recent awards ranging from $23,000 to $25,000 among the largest grants documented.

Where does Boquet Foundation Inc make grants?

The foundation supports organizations with geographic interests including the Adirondack region and northern New England areas, as evidenced by recent grants to regional conservation and community organizations.

What size grants does Boquet Foundation Inc award?

In 2024, Boquet Foundation Inc awarded 51 grants totaling $296K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Boquet Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Boquet Foundation Inc reported a distributable amount of $314K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Boquet Foundation Inc's EIN?

Boquet Foundation Inc's EIN (Employer Identification Number) is 13-6114419. IRS Form 990 filing data is available on this page for 2020–2024.

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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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