Boyce Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.5M
-25.5% YoY
Annual Giving
$1.5M
+335.5% YoY
Grant Count
6
-25.0% YoY
Avg Grant Size
$250K
+480.7% YoY
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.
About Boyce Foundation
Based on IRS filings
Boyce Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, 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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,532,005 | $3,398,093 | $3,796,785 |
| Revenue | $130,273 | $150,641 | $642,240 |
| Expenses | $1,599,582 | $450,454 | $316,857 |
| Qualifying Distributions | $1,501,039 | $344,620 | $220,770 |
| Net Investment Income | $625,692 | $124,595 | $193,902 |
| Distributable Amount | $181,871 | $208,327 | $189,380 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Westlake Bible Church ($1,465,249), Africa Renewal Ministries ($12,600), HOPE Inc ($12,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Africa Renewal Ministries San Antonio, TX | Development ofChristianleaders | $12,600 |
| Other 501(c)(3) organizations Austin, TX | Variouscharitablemissions | $5,790 |
| Tunnel to Towers Foundation Staten Island, NY | Support first-responders | $400 |
| HOPE Inc Las Vegas, NV | Help oppressedand forgottenpeople | $12,000 |
| Texas One Fund Austin, TX | Empoweringstudentathletes | $5,000 |
| Westlake Bible Church Austin, TX | Support generaloperations ofthe church | $1,465,249 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Shelton W Boyce III | Pres./Dir. | 0.5 | — |
| Nancy Boyce | Vice-Pres./Dir. | 0.25 | — |
| April B McDaniel | Secy/Treas | 0.25 | — |
| Robert E Martin | Director | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Boyce Foundation?
Boyce Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in AUSTIN, TX. It holds $2.5M in total assets as of 2024.
How large is Boyce Foundation?
As of 2024, Boyce Foundation holds $2.5M in total assets with $130K in annual revenue. It awarded 6 grants totaling $1.5M in 2024.
Where does Boyce Foundation operate?
Boyce Foundation has awarded grants in Nevada, New York, Tennessee, Texas.
What size grants does Boyce Foundation award?
In 2024, Boyce Foundation awarded 6 grants totaling $1.5M — an average of about $250K per grant, based on its IRS Form 990 filings.
How much is Boyce Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Boyce Foundation reported a distributable amount of $182K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
Explore Open Grants
Browse active grant opportunities in Boyce 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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