David S Bourne Foundation Inc
David S Bourne Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 6 grants totaling $61K. Net investment income was $47K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.3M
+7.0% YoY
Annual Giving
$61K
+103.3% YoY
Grant Count
6
+100.0% YoY
Avg Grant Size
$10K
+1.7% YoY
Under IRS private-foundation payout rules, David S Bourne Foundation Inc reported a distributable amount of $59K for 2024 — the minimum it must pay out in qualifying distributions.
About David S Bourne Foundation Inc
Based on IRS filings
David S Bourne Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 6 grants totaling $61K. Net investment income was $47K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,296,334 | $1,211,379 | $1,118,948 |
| Revenue | $160,829 | $135,732 | $236,081 |
| Expenses | $75,874 | $43,301 | $50,425 |
| Qualifying Distributions | $61,895 | $30,845 | $38,130 |
| Net Investment Income | $46,850 | $25,306 | $24,506 |
| Distributable Amount | $59,098 | $54,186 | $46,831 |
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
27 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Music Con Brio Inc ($16,000), Reap Food Group ($10,000), Reap Food Group ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| REAP FOOD GROUP MADISON, WI | JUVENTUD COOKING SERIES/YOUTH FOOD AMBASSADORS | $10,000 |
| REAP FOOD GROUP MADISON, WI | UPROOT FOOD TRUCK TOUR PROGRAM | $10,000 |
| ROOTED WI INC MADISON, WI | COMMUNITY WORKSHOPS AT TROY | $10,000 |
| MUSIC CON BRIO INC MADISON, WI | RENTAL COSTS FOR PROGRAM SPACE USE | $16,000 |
| EAST MADISON COMMUNITY CENTER MADISON, WI | FIT FOR THE FUTURE RENEW | $5,000 |
| MADISON BACH MUSICIANS MADISON, WI | GENERAL PURPOSES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DAMON BOURNE | PRESIDENT/SECRETARY | 2 | — |
| RONALD BOURNE | TREASURER | 0.05 | — |
| FRIEDA BOURNE | VICE PRESIDENT | 0.05 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is David S Bourne Foundation Inc?
David S Bourne Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. It holds $1.3M in total assets as of 2024.
How large is David S Bourne Foundation Inc?
As of 2024, David S Bourne Foundation Inc holds $1.3M in total assets with $161K in annual revenue. It awarded 6 grants totaling $61K in 2024.
Where does David S Bourne Foundation Inc operate?
David S Bourne Foundation Inc has awarded grants in Wisconsin.
What size grants does David S Bourne Foundation Inc award?
In 2024, David S Bourne Foundation Inc awarded 6 grants totaling $61K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is David S Bourne Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, David S Bourne Foundation Inc reported a distributable amount of $59K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is David S Bourne Foundation Inc's EIN?
David S Bourne Foundation Inc's EIN (Employer Identification Number) is 20-2047629. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in David S Bourne Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.