Boyles-Eidson Family Foundation

Private foundation · Grantmaker Elkin, NC EIN: 56-2088318

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.

Research compiled by Grantable AI from public sources. Last updated September 2026.

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

3states

Share of all 18 itemized 2024 grant dollars.

Cities

ElkinMount AiryDobsonJonesvilleChicagoRaleighSpartaAtlantaBooneCaryState RoadStatesvilleWinston-Salem

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K14 grants202015 grants202116 grants202216 grants202318 grants2024

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

Echo Ministry Inc - the Ark: $10KEcho Ministry Inc - the Ark$10KGrace Clinic: $10KGrace Clinic$10KTri-County Christian Crisis Ministry: $10KTri-County Christian CrisisMinistry$10KUnited Methodist Committe on Relief: $10KUnited Methodist Committe onRelief$10KElkin First United Methodist Church: $5KElkin First United MethodistChurch$5KShepherd's House: $5KShepherd's House$5KYadkin Valley Community School: $4KYadkin Valley Community School$4KSurry Community College: $3KSurry Community College$3KChildren's Center of Surry Inc: $3KChildren's Center of Surry Inc$3KThe Salvation Army: $3KThe Salvation Army$3K

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

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

The most common grant size was under $50K: 79 grants of 79 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Echo Ministry Inc - the Ark Elkin, NCReligious$10,000
Grace Clinic Elkin, NCCharitable$10,000
Tri-County Christian Crisis Ministry Jonesville, NCReligious$10,000
United Methodist Committe on Relief Atlanta, GAReligious$10,000
Elkin First United Methodist Church Elkin, NCReligious$5,000
Shepherd's House Mount Airy, NCCharitable$5,000
Yadkin Valley Community School Elkin, NCEducation$3,600
Surry Community College Dobson, NCEducation$3,000
Children's Center of Surry Inc Dobson, NCCharitable$2,500
The Salvation Army Mount Airy, NCCharitable$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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K20202021202220232024
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

Data update history

When this profile's IRS filing data changed on Grantable

  1. 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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