Boyce Foundation
Boyce Foundation is a private foundation, based in Austin, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 6 grants totaling $1.5M. Net investment income was $626K.
Boyce Foundation at a glance
In short: Boyce Foundation gave $1.5M across 6 grants in 2024 (avg $250K), mostly in Texas. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $1,501,039
- +335.5% vs 2023
- Grants made (2024)
- 6
- -25.0% vs 2023
- Average grant
- $250,173
- +480.7% vs 2023
- Median grant
- $8,895
- Total assets
- $2,532,005
- -25.5% vs 2023
- Primary geography
- Texas (99% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Boyce Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Westlake Bible Church ($1.5M). Together the top 5 received $1.5M.
Grant Size Distribution
32 grants across all recorded years
The most common grant size was under $50K: 26 grants of 32 (81%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
How Boyce Foundation gives
- Giving grew 940% from 2021 to 2024. Method
- In 2024 it paid out 825% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $144K (2021) to $1.5M (2024). In 2024 it made 6 grants totaling $1.5M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Westlake Bible Church Austin, TX | Support generaloperations ofthe church | $1,465,249 |
| Africa Renewal Ministries San Antonio, TX | Development ofChristianleaders | $12,600 |
| HOPE Inc Las Vegas, NV | Help oppressedand forgottenpeople | $12,000 |
| Other 501(c)(3) organizations Austin, TX | Variouscharitablemissions | $5,790 |
| Texas One Fund Austin, TX | Empoweringstudentathletes | $5,000 |
| Tunnel to Towers Foundation Staten Island, NY | Support first-responders | $400 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,532,005 | $130,273 | $1,599,582 | $1,501,039 | 6 | $1,501,039 | $625,692 | $181,871 |
| 2023 | $3,398,093 | $150,641 | $450,454 | $344,637 | 8 | $344,620 | $124,595 | $208,327 |
| 2022 | $3,796,785 | $642,240 | $316,857 | $220,786 | 5 | $220,770 | $193,902 | $189,380 |
| 2021 | $3,422,012 | $131,769 | $240,705 | $144,273 | 7 | $144,273 | $291,157 | $187,036 |
| 2020 | $3,345,204 | $827,487 | $245,581 | $216,434 | 6 | — | $86,682 | $160,858 |
Under IRS private-foundation payout rules, Boyce Foundation reported a distributable amount of $182K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Boyce Foundation is led by Shelton W Boyce III, President & Director on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Shelton W Boyce III
President & Director
On filings since 2020
0.5 hrs/week
No compensation reported
Nancy Boyce
Vice President & Director
On filings since 2020
0.3 hrs/week
No compensation reported
Robert E Martin
Director
On filings since 2020
0.3 hrs/week
No compensation reported
April B McDaniel
Secretary & Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Boyce Foundation
How much does Boyce Foundation give each year?
Boyce Foundation gave $1.5M across 6 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $345K across 8 grants.
What is Boyce Foundation's typical grant size?
Boyce Foundation's median grant in 2024 was $8,895, and its average grant was $250,173, across 6 grants on its 2024 IRS Form 990-PF.
Where does Boyce Foundation give grants?
Boyce Foundation gives mostly in Texas: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Austin, TX (3 grants).
Does Boyce Foundation give general operating support?
Not in 2024: none of the 6 grants with a stated purpose on Boyce Foundation's 2024 IRS Form 990-PF were described as general or operating support.
Who are Boyce Foundation's largest grantees?
Boyce Foundation's largest 2024 grantees include Westlake Bible Church ($1,465,249), Africa Renewal Ministries ($12,600) and HOPE Inc ($12,000), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.
How large is Boyce Foundation?
Boyce Foundation reported $2.5M in total assets on its 2024 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $182K (roughly 5% of its investment assets).
What is Boyce Foundation's EIN?
Boyce Foundation's EIN (Employer Identification Number) is 20-3138731. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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