Gayle and Rusty Boleman Foundation

Private foundation · Grantmaker Virginia BCH, VA EIN: 46-3750309

The Gayle and Rusty Boleman Foundation is a private foundation based in Virginia Beach, Virginia. Its 2022 filing is marked as the organization’s final return, so the foundation appears to have wound down or stopped grantmaking.

Key facts about Gayle and Rusty Boleman Foundation

In short: Gayle and Rusty Boleman Foundation gave $100K across 14 grants in 2022 (avg $7K), mostly in Virginia. Source: 2022 IRS Form 990-PF.

EIN
46-3750309
Latest 990 filing
Form 990-PF, 2022
Annual giving (2022)
$100,000
Grants made (2022)
14
Average grant
$7,143
Median grant
$5,000
Primary geography
Virginia (96% of itemized 2022 grant dollars)
How to apply
The filing names Laura Belcher as the contact and specifies no application form or materials. Full details ↓

Data from IRS Form 990-PF, 2022; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$100K

+669.2% YoY

Grant Count

14

+1300.0% YoY

Avg Grant Size

$7K

-45.1% YoY

Under IRS private-foundation payout rules, Gayle and Rusty Boleman Foundation reported a distributable amount of $4K for 2022 — the minimum it must pay out in qualifying distributions.

How Gayle and Rusty Boleman Foundation gives

  • In 2022 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2022 grants included support for programs related to family services, mental health, youth, children, housing, education, and food.

Among its grantees, YWCA Richmond describes its mission as eliminating racism, empowering women, and promoting peace, justice, freedom, and dignity for all. NAMI Virginia says it works to improve the quality of life of Virginians with serious mental illness through support, education, and advocacy. World Central Kitchen describes its work as providing meals in response to humanitarian, climate, and community crises. OAR of Richmond says it provides person-centered reentry services to people impacted by the criminal legal system.

Grantmaking

In 2022, the foundation made 14 grants totaling $100,000. Grant amounts ranged from $1,000 to $25,000, with a median grant of $5,000. Notable grants included $25,000 to VPLC for Center Programs; $10,000 each to Rise for Youth and NAMI Virginia for Center Programs; and $10,000 each to YWCA Richmond and YWCA South Hampton Roads for Family Programs. Other reported awards included $5,000 each to Virginia Home for Boys and Girls, Children’s Hospital of Richmond, Housing Opportunities Made Equal, WHRO, and VPM. World Central Kitchen received $4,000, ACTS received $2,500, and OAR of Richmond received $2,500.

Review Cycle

as “n/a.”

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Geographic Focus

Where this funder awards grants

In 2022, 96% of grant dollars went to recipients in Virginia and 4% to recipients in Washington, DC.

Grant Distribution by State

3states

Share of 2022 grant dollars across all 14 itemized grants.

Cities

RichmondNorfolkBayboroChesterfieldHenricoWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K2 grants2020 1 grant2021 14 grants2022

From 2020 to 2022, annual grant giving ranged from $13K (2021) to $106K (2020). In 2022 it made 14 grants totaling $100K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2022

VPLC: $25KVPLC$25KRise for Youth: $10KRise for Youth$10KNAMI Virginia: $10KNAMI Virginia$10KYWCA Richmond: $10KYWCA Richmond$10KYWCA South Hampton Roads: $10KYWCA South Hampton Roads$10KVA Home for Boys and Girls: $5KVA Home for Boys and Girls$5KChildren's Hospital of Richmond: $5KChildren's Hospital ofRichmond$5KHousing Opportunities Made Equal: $5KHousing Opportunities MadeEqual$5KWhro: $5KWhro$5KVPM: $5KVPM$5K

The largest 2022 recipient was VPLC ($25K). Together the top 10 received $90K.

Grant Size Distribution

17 grants across all recorded years

16<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 17 (94%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
VPLC Richmond, VACenter Programs$25,000
Rise for Youth Chesterfield, VACenter Programs$10,000
NAMI Virginia Richmond, VACenter Programs$10,000
YWCA Richmond Richmond, VAFamily Programs$10,000
YWCA South Hampton Roads Norfolk, VAFamily Programs$10,000
VA Home for Boys and Girls Henrico, VAAnnual Fund - support of programs$5,000
Children's Hospital of Richmond Richmond, VAChildren's Programs$5,000
Housing Opportunities Made Equal Richmond, VAHousing Programs$5,000
Whro Norfolk, VAEducational Programming$5,000
VPM Richmond, VAEducational Programming$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2020 $86,778 $60,786 $106,385 $106,000 across 2 grants
2021 $107,780 $34,689 $13,687 $13,000 across 1 grant
2022 — -$3,132 $104,648 $100,000 across 14 grants
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022
Metric202220212020
Total Assets—$107,780$86,778
Revenue$-3,132$34,689$60,786
Expenses$104,648$13,687$106,385
Qualifying Distributions$104,638$13,687—
Net Investment Income$457$689$13
Distributable Amount$3,991$5,024$6,402

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2022

Leadership & Key People

Leadership team and compensation from IRS filings

The 2022 filing lists Gayle E Boleman as President, Joseph N Colleran as Vice-President, G Russell Boleman as Treasurer, and Andrew C Rowe as Secretary.

Gayle and Rusty Boleman Foundation is led by Gayle E Boleman, President on every filing since 2020; none of the 4 officers listed in 2022 report compensation.

Officers on the 2022 filing

  • Gayle E Boleman

    President

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Andrew C Rowe

    Secretary

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • G. Rusell Boleman III

    Treasurer

    On filings since 2020

    0.5 hrs/week

    No compensation reported

  • Joseph N Colleran

    Vice President

    Vicepresident → Vice President, 2022

    On filings since 2020

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Laura Belcher
Mailing address: PO Box 61177, Virginia Beach, VA 23466
Phone: (757) 313-3000

Frequently asked questions about Gayle and Rusty Boleman Foundation

How much does Gayle and Rusty Boleman Foundation give each year?

Gayle and Rusty Boleman Foundation gave $100K across 14 grants in 2022, according to its 2022 IRS Form 990-PF. In 2021 it gave $13K across 1 grant.

What is Gayle and Rusty Boleman Foundation's typical grant size?

Gayle and Rusty Boleman Foundation's median grant in 2022 was $5,000, and its average grant was $7,143, across 14 grants on its 2022 IRS Form 990-PF.

Where does Gayle and Rusty Boleman Foundation give grants?

Gayle and Rusty Boleman Foundation gives mostly in Virginia: 96% of the grant dollars itemized on its 2022 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Richmond, VA (9 grants) and Norfolk, VA (2 grants).

Does Gayle and Rusty Boleman Foundation give general operating support?

Occasionally: 7% of Gayle and Rusty Boleman Foundation's 2022 grants with a stated purpose (1 of 14) were for general or operating support, per its 2022 IRS Form 990-PF. Recurring purposes include "Center Programs" (4 grants).

Who are Gayle and Rusty Boleman Foundation's largest grantees?

Gayle and Rusty Boleman Foundation's largest 2022 grantees include VPLC ($25,000), Rise for Youth ($10,000) and NAMI Virginia ($10,000), according to its 2022 IRS Form 990-PF. Together they received 45% of its itemized 2022 grant dollars.

What does Gayle and Rusty Boleman Foundation fund?

No mission statement for the foundation is provided. Its 2022 grants included support for programs related to family services, mental health, youth, children, housing, education, and food. See mission & focus areas ↑

How do I apply for a grant from Gayle and Rusty Boleman Foundation?

The filing names Laura Belcher as the contact and specifies no application form or materials. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

How much is Gayle and Rusty Boleman Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Gayle and Rusty Boleman Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gayle and Rusty Boleman Foundation's EIN?

Gayle and Rusty Boleman Foundation's EIN (Employer Identification Number) is 46-3750309. IRS Form 990 filing data is available on this page for 2020–2022.

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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