Boundless Futures Foundation is a private foundation focused on Youth Development, based in TRAVERSE CITY, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $80K in total assets. In 2024, it awarded 23 grants totaling $510K. Net investment income was $745K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$80K
Annual Giving
$510K
Grant Count
23
Avg Grant Size
$22K
Under IRS private-foundation payout rules, Boundless Futures Foundation reported a distributable amount of $71 for 2024 — the minimum it must pay out in qualifying distributions.
About Boundless Futures Foundation
Based on IRS filings
Boundless Futures Foundation is a private foundation focused on Youth Development, based in TRAVERSE CITY, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $80K in total assets. In 2024, it awarded 23 grants totaling $510K. Net investment income was $745K.
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 | $80,266 | — | — |
| Revenue | $1,636,753 | $117,188 | — |
| Expenses | $822,406 | $117,188 | — |
| Qualifying Distributions | $807,471 | $117,188 | — |
| Net Investment Income | $745,490 | — | — |
| Distributable Amount | $71 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Open Grants
2 open opportunities from Boundless Futures Foundation
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Center for Women & Enterprise Inc ($30,000), Traverse Connect Foundation ($30,000), The Women's Impact Alliance ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARCHIE'S DOG CO LLC Traverse City, MI | Inventory, packaging, digital marketing and website costs, insurance, brand photography. | $20,000 |
| WORDS N MORE CREATIVE LLC (ARTISAN JOY DBA) Barrington, RI | Expenses related to stated anticipated 2024 business budget items, including marketing and expanded partnerships. | $15,000 |
| CENTER FOR WOMEN & ENTERPRISE INC Boston, MA | 2024 CWE Gala Presenting Sponsorship | $30,000 |
| JOYFUL JARRA Newnan, GA | Reimbursement of expenses related to general business operations, including contractor payments. | $10,000 |
| MOTHER BUTTER LLC Philadelphia, PA | Print and digital media campaigns, website design, product development, communication strategy expenses. | $15,000 |
| NOSH POSH LLC Saint Paul, MN | Expenses related to stated anticipated 2024 business budget items, including marketing, personnel, and product expenses. | $25,000 |
| PUREWILD CO INC Ojai, CA | Reimbursement of expenses related to inventory and accounting services. | $20,000 |
| 10-42 TAC MED LLC (RESCUE IN COLOR) Plymouth, MN | Reimbursement of expenses related to inventory and/or publicity, marketing and legal services. | $25,000 |
| SPECTACLE SOCIETY LLC Detroit, MI | Expenses related to stated anticipated 2024 business budget items, including marketing and personnel. | $20,000 |
| TRAVERSE CONNECT FOUNDATION Traverse City, MI | Scholarships for women participating in the Women's Leadership Cohort, Women's Leadership Roundtable, and the Community Mentoring Program. | $30,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MCKEEL O HAGERTY | President/Director | 1 | — |
| Soon Hagerty | Secretary/Treasurer/Director | 1 | — |
| Jessica Sullivan | VP & Executive Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Boundless Futures Foundation?
Boundless Futures Foundation is a private foundation focused on Youth Development, based in TRAVERSE CITY, MI. It holds $80K in total assets as of 2024.
How large is Boundless Futures Foundation?
As of 2024, Boundless Futures Foundation holds $80K in total assets with $1.6M in annual revenue. It awarded 23 grants totaling $510K in 2024.
Where does Boundless Futures Foundation operate?
Boundless Futures Foundation has awarded grants in California, Colorado, Georgia, Illinois, Massachusetts, Michigan, Minnesota, Missouri, Nebraska, New York, Pennsylvania, Rhode Island, Texas.
What size grants does Boundless Futures Foundation award?
In 2024, Boundless Futures Foundation awarded 23 grants totaling $510K — an average of about $22K per grant, based on its IRS Form 990 filings.
How much is Boundless Futures Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Boundless Futures Foundation reported a distributable amount of $71 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Boundless Futures Foundation's EIN?
Boundless Futures Foundation's EIN (Employer Identification Number) is 87-2375092. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in Boundless Futures Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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