Boyles-Eidson Family Foundation
The BOYLES-EIDSON FAMILY FOUNDATION is a private foundation based in Elkin, North Carolina. In its 2024 filing, it reported giving $71,600 to 18 organizations for educational, medical, or other charitable uses.
Key facts about Boyles-Eidson Family Foundation
In short: Boyles-Eidson Family Foundation gave $72K across 18 grants in 2024 (avg $4K), mostly in North Carolina. 22% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- EIN
- 56-2088318
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $71,600
- Grants made (2024)
- 18
- Average grant
- $3,978
- Median grant
- $2,500
- New grantees (estimate)
- 22% first-time grantees (4 of 18, 2024)
- Total assets
- $791,366
- Primary geography
- North Carolina (86% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$791K
+9.5% YoY
Annual Giving
$72K
+11.9% YoY
Grant Count
18
+12.5% YoY
Avg Grant Size
$4K
-0.6% YoY
Under IRS private-foundation payout rules, Boyles-Eidson Family Foundation reported a distributable amount of $89K for 2024 — the minimum it must pay out in qualifying distributions.
Is Boyles-Eidson Family Foundation open to new grantees?
22%
first-time grantees, 2024
In 2024, 4 of 18 grantees (22%) were first-time recipients. First grants averaged $4K; repeat grants $4K. How we count
Medians: $3K first-time, $3K repeat.
- 72% of 2024 grantees were also funded in 2023. Method
- Giving grew 42% from 2021 to 2024. Method
- In 2024 it paid out 82% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s filing describes its 2024 disbursements as supporting educational, medical, or other charitable uses. Its 2024 grants included purposes classified as religious, charitable, and education.
Grantee missions illustrate the kinds of organizations supported. Yadkin Valley Community School describes its mission as fostering children’s academic excellence, creativity, curiosity, and community awareness. The Children’s Center of Surry says it works to empower children and families through collaborative support. Elkin Valley Trails Association says it aims to enrich regional quality of life by building and promoting a network of multiuse trails.
Grantmaking
In 2024, the foundation gave $71,600 through 18 grants. Grant amounts ranged from $1,000 to $10,000, with a median of $2,500.
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Geographic Focus
Where this funder awards grants
In 2024, 86% of grant dollars went to recipients in North Carolina and 14% to recipients in Georgia.
Grant Distribution by State
Share of all 18 itemized 2024 grant dollars.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $48K (2020) to $72K (2024). In 2024 it made 18 grants totaling $72K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Echo Ministry Inc - the Ark ($10K). Together the top 10 received $62K.
Grant Size Distribution
79 grants across all recorded years
The most common grant size was under $50K: 79 grants of 79 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Echo Ministry Inc - the Ark Elkin, NC | Religious | $10,000 |
| Grace Clinic Elkin, NC | Charitable | $10,000 |
| Tri-County Christian Crisis Ministry Jonesville, NC | Religious | $10,000 |
| United Methodist Committe on Relief Atlanta, GA | Religious | $10,000 |
| Elkin First United Methodist Church Elkin, NC | Religious | $5,000 |
| Shepherd's House Mount Airy, NC | Charitable | $5,000 |
| Yadkin Valley Community School Elkin, NC | Education | $3,600 |
| Surry Community College Dobson, NC | Education | $3,000 |
| Children's Center of Surry Inc Dobson, NC | Charitable | $2,500 |
| The Salvation Army Mount Airy, NC | Charitable | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2024 | $791,366 | $142,696 | $74,285 | $71,600 |
| 2023 | $722,955 | $276,834 | $66,263 | $64,000 |
| 2022 | $512,384 | $27,022 | $59,148 | $57,000 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $791,366 | $722,955 | $512,384 |
| Revenue | $142,696 | $276,834 | $27,022 |
| Expenses | $74,285 | $66,263 | $59,148 |
| Qualifying Distributions | $73,096 | $65,286 | $58,210 |
| Net Investment Income | $42,115 | $37,984 | $33,471 |
| Distributable Amount | $88,740 | $73,488 | $62,879 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Fred G Eidson as secretary and treasurer, Amy E Tayloe as president, and Jeffrey C Eidson as vice president.
Boyles-Eidson Family Foundation is led by Amy E. Tayloe, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Amy E. Tayloe
President
On filings since 2020
1 hr/week
No compensation reported
Fred G. Eidson
Secretary & Treasurer
On filings since 2020
1 hr/week
No compensation reported
Jeffrey C. Eidson
Vice President
On filings since 2020
1 hr/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.
Contact
Mailing address: PO Box 625, Elkin, NC 28621
Phone: (336) 835-3607
Frequently asked questions about Boyles-Eidson Family Foundation
How much does Boyles-Eidson Family Foundation give each year?
Boyles-Eidson Family Foundation gave $72K across 18 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $64K across 16 grants.
What is Boyles-Eidson Family Foundation's typical grant size?
Boyles-Eidson Family Foundation's median grant in 2024 was $2,500, and its average grant was $3,978, across 18 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Boyles-Eidson Family Foundation that year got $4K on average.
Where does Boyles-Eidson Family Foundation give grants?
Boyles-Eidson Family Foundation gives mostly in North Carolina: 86% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Georgia (14%). The most frequent recipient cities were Elkin, NC (9 grants), Mount Airy, NC (2 grants) and Dobson, NC (2 grants).
Does Boyles-Eidson Family Foundation give general operating support?
Not in 2024: none of the 18 grants with a stated purpose on Boyles-Eidson Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (9 grants), "Religious" (4 grants) and "Education" (3 grants).
Who are Boyles-Eidson Family Foundation's largest grantees?
Boyles-Eidson Family Foundation's largest 2024 grantees include Echo Ministry Inc - the Ark ($10,000), Grace Clinic ($10,000) and Tri-County Christian Crisis Ministry ($10,000), according to its 2024 IRS Form 990-PF. Together they received 42% of its itemized 2024 grant dollars.
How large is Boyles-Eidson Family Foundation?
Boyles-Eidson Family Foundation reported $791K in total assets on its 2024 IRS Form 990-PF. It paid out $73K in qualifying distributions that year, against a required minimum of $89K (roughly 5% of its investment assets).
What does Boyles-Eidson Family Foundation fund?
The foundation’s filing describes its 2024 disbursements as supporting educational, medical, or other charitable uses. Its 2024 grants included purposes classified as religious, charitable, and education. See mission & focus areas ↑
How do I apply for a grant from Boyles-Eidson Family Foundation?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Boyles-Eidson Family Foundation's EIN?
Boyles-Eidson Family Foundation's EIN (Employer Identification Number) is 56-2088318. IRS Form 990 filing data is available on this page for 2020–2024.
Does Boyles-Eidson Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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