Charles H Boyle Foundation Inc
The Charles H Boyle Foundation Inc is a private family foundation established in 1972 and located in Memphis, Tennessee. The foundation operates as a 501(c)(3) tax-exempt organization with no employees, distributing grants from its investment portfolio to support charitable causes.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10.1M
-2.1% YoY
Annual Giving
$1.3M
+30.3% YoY
Grant Count
48
+29.7% YoY
Avg Grant Size
$28K
+0.5% YoY
Mission & Focus Areas
The foundation's purpose is to provide dividend income and capital gains from corporate securities and mutual funds to grantees. Primary funding interests include:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
Grantmaking
The foundation made 13 grants in 2024, with total giving of $1,348,850. Typical award amounts range from $1,000 to $104,000.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Tennessee, District of Columbia, and Virginia.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year 2024:
- Total Assets: $10,085,078
- Total Revenue: $1,593,966
- Total Expenses: $1,356,671
- Total Giving: $1,348,850
- Total Liabilities: $7,510
Income Sources:
- Interest income from money market funds: $124,712
- Dividend income from corporate securities: $148,437
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,085,078 | $10,301,459 | $11,240,590 |
| Revenue | $1,593,966 | $418,871 | $1,626,488 |
| Expenses | $1,356,671 | $1,051,820 | $827,431 |
| Qualifying Distributions | $1,348,850 | $1,035,000 | $827,110 |
| Net Investment Income | $273,149 | $271,562 | $2,467,289 |
| Distributable Amount | $814,054 | $757,593 | $700,782 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
140 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SNOWDEN B MORGAN | DIRECTOR | — | — |
| J BAYARD BOYLE JR | PRESIDENT / | — | — |
| DAVID J WAGES | SEC. / TREAS | — | — |
| HENRY W MORGAN SR | VICE PRESIDE | — | — |
Contact Information
Mailing Address: PO Box 17800 Memphis, TN 38187-0800
Telephone: 901-767-0100
EIN: 23-7256010
Tax-Exempt Status: Recognized since February 1974
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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