Boyles-eidson Family Foundation

ELKIN, NC EIN: 56-2088318

Boyles-eidson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELKIN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $791K in total assets. In 2024, it awarded 18 grants totaling $72K. Net investment income was $42K.

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.

About Boyles-eidson Family Foundation

Based on IRS filings

Boyles-eidson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELKIN, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $791K in total assets. In 2024, it awarded 18 grants totaling $72K. Net investment income was $42K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AtlantaBooneCaryChicagoDobsonElkinJonesvilleMount AiryRaleighSpartaState RoadStatesvilleWinstonsalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$76K$152K$228K$305K20202021202220232024
Metric202420232022
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

Giving Over Time

Total grant dollars and number of grants per year

$0$18K$36K$54K$72K14 grants202015 grants202116 grants202216 grants202318 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ECHO MINISTRY INC - THE …$10KGRACE CLINIC$10KTRI-COUNTY CHRISTIAN CRI…$10KUNITED METHODIST COMMITT…$10KELKIN FIRST UNITED METHO…$5KSHEPHERD'S HOUSE$5KYADKIN VALLEY COMMUNITY …$4KSURRY COMMUNITY COLLEGE$3KCHILDREN'S CENTER OF SUR…$3KTHE SALVATION ARMY$3K

Grant Size Distribution

79 grants across all recorded years

79<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Echo Ministry Inc - the Ark ($10,000), Grace Clinic ($10,000), Tri-county Christian Crisis Ministry ($10,000).

RecipientPurposeAmount
ALLEGHANY COUNTY COMMUNITY FOUNDATION RALEIGH, NCCHARITABLE$1,000
CHILDREN'S CENTER OF SURRY INC DOBSON, NCCHARITABLE$2,500
ECHO MINISTRY INC - THE ARK ELKIN, NCRELIGIOUS$10,000
ELKIN COMMUNITY CHORUS ELKIN, NCCHARITABLE$2,000
ELKIN FIRST UNITED METHODIST CHURCH ELKIN, NCRELIGIOUS$5,000
ELKIN RESCUE SQUAD ELKIN, NCCHARITABLE$1,000
ELKIN VALLEY TRAILS ASSOCIATION ELKIN, NCENVIROMENTAL$1,000
GRACE CLINIC ELKIN, NCCHARITABLE$10,000
LIFELINE PREGNANCY HELP CENTER ELKIN, NCCHARITABLE$1,000
SHEPHERD'S HOUSE MOUNT AIRY, NCCHARITABLE$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
FRED G EIDSONSECRETARY & TREASURER1
AMY E TAYLOEPRESIDENT1
JEFFREY C EIDSONVICE PRESIDENT1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Boyles-eidson Family Foundation?

Boyles-eidson Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ELKIN, NC. It holds $791K in total assets as of 2024.

How large is Boyles-eidson Family Foundation?

As of 2024, Boyles-eidson Family Foundation holds $791K in total assets with $143K in annual revenue. It awarded 18 grants totaling $72K in 2024.

Where does Boyles-eidson Family Foundation operate?

Boyles-eidson Family Foundation has awarded grants in Georgia, Illinois, North Carolina.

What size grants does Boyles-eidson Family Foundation award?

In 2024, Boyles-eidson Family Foundation awarded 18 grants totaling $72K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Boyles-eidson Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Boyles-eidson Family Foundation reported a distributable amount of $89K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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