Bourne Foundation Inc

CHARLOTTE, NC EIN: 56-2125412

Bourne Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $424K in total assets. In 2024, it awarded 7 grants totaling $23K. Net investment income was $39K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$424K

+3.8% YoY

Annual Giving

$23K

-3.1% YoY

Grant Count

7

+0.0% YoY

Avg Grant Size

$3K

-3.1% YoY

About Bourne Foundation Inc

Based on IRS filings

Bourne Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLOTTE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $424K in total assets. In 2024, it awarded 7 grants totaling $23K. Net investment income was $39K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

AndalusiaBoulderCharlotteFort WorthMiamiPalm BeachRaleighWilmingtonWinston SalemWinstonsalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$14K$27K$41K$55K20202021202220232024
Metric202420232022
Total Assets$423,929$408,271$426,981
Revenue$48,139$10,554$-6,923
Expenses$32,534$29,318$27,231
Qualifying Distributions$22,878$25,098$23,938
Net Investment Income$38,693$6,478$7,792
Distributable Amount$23,828$22,481$23,595

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$12K$18K$24K10 grants20207 grants20214 grants20227 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Blumenthal Performing Arts$10KUrban Promise$3KAmerican Heart Association$3KThe MVA Society$3KMauli Ola Foundation$2KSearch Ministries$2KMyers Park Presbyterian …$1K

Grant Size Distribution

35 grants across all recorded years

35<$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
Raymond BourneManaging Trustee1
Benjamin BourneTrustee1

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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