Friends of Boreal Sun

FAIRBANKS, AK EIN: 87-1861439

Friends of Boreal Sun is a private foundation focused on Education, based in FAIRBANKS, AK. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $32K in total assets. In 2024, it awarded 1 grants totaling $34K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$32K

-17.7% YoY

Annual Giving

$34K

-28.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$34K

-28.5% YoY

Under IRS private-foundation payout rules, Friends of Boreal Sun reported a distributable amount of $2K for 2024 — the minimum it must pay out in qualifying distributions.

About Friends of Boreal Sun

Based on IRS filings

Focus Areas

Education

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Alaska $95K (100%)

States

Alaska

Cities

Fairbanks

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$32,172	$39,070	$41,478
Revenue	$27,569	$56,866	$54,965
Expenses	$36,625	$59,274	$13,487
Qualifying Distributions	$34,304	$47,950	$561
Net Investment Income	—	$6	—
Distributable Amount	$1,754	$1,984	—

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

3 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Boreal Sun Charter School ($34,304).

Recipient	Purpose	Amount
BOREAL SUN CHARTER SCHOOL FAIRBANKS, AK	PARENTS SUPPORTING CHARTER SCHOOL COVERING ADDITIONAL EXPENSES NOT COVERED BY THE SCHOOL DISTRICT	$34,304

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
SHARON HANSEN	PRESIDENT	2	—
JADE TOOLE	VICE PRESIDENT	2	—
KANEISHA RADGOSKY	SECRETARY	2	—
SHAUN KRASKA	TREASURER	2	—
HEATHER SNELL	DIRECTOR	1	—

Subject Areas

Focus areas based on grantmaking activity

Education

Frequently Asked Questions

What is Friends of Boreal Sun?

Friends of Boreal Sun is a private foundation focused on Education, based in FAIRBANKS, AK. It holds $32K in total assets as of 2024.

How large is Friends of Boreal Sun?

As of 2024, Friends of Boreal Sun holds $32K in total assets with $28K in annual revenue. It awarded 1 grants totaling $34K in 2024.

Where does Friends of Boreal Sun operate?

Friends of Boreal Sun has awarded grants in Alaska.

What size grants does Friends of Boreal Sun award?

In 2024, Friends of Boreal Sun awarded 1 grants totaling $34K — an average of about $34K per grant, based on its IRS Form 990 filings.

How much is Friends of Boreal Sun required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Friends of Boreal Sun reported a distributable amount of $2K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.