Gayle and Rusty Boleman Foundation is a private foundation focused on Education, based in VIRGINIA BCH, VA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 14 grants totaling $100K. Net investment income was $457.
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.
About Gayle and Rusty Boleman Foundation
Based on IRS filings
Gayle and Rusty Boleman Foundation is a private foundation focused on Education, based in VIRGINIA BCH, VA. IRS filing data is available from 2020 through 2022. In 2022, it awarded 14 grants totaling $100K. Net investment income was $457.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2022 | 2021 | 2020 |
|---|---|---|---|
| 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 |
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 2022
Grant Size Distribution
17 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2022 grants, the largest include Vplc ($25,000), Rise for Youth ($10,000), NAMI Virginia ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CancerLINC Richmond, VA | Patient cancer education videos | $1,000 |
| VPLC Richmond, VA | Center Programs | $25,000 |
| Rise for Youth Chesterfield, VA | Center Programs | $10,000 |
| VA Home for Boys and Girls Henrico, VA | Annual Fund - support of programs | $5,000 |
| Children's Hospital of Richmond Richmond, VA | Children's Programs | $5,000 |
| Housing Opportunities Made Equal Richmond, VA | Housing Programs | $5,000 |
| ACTS Richmond, VA | Housing Programs | $2,500 |
| OAR of Richmond Richmond, VA | Center Programs | $2,500 |
| NAMI Virginia Richmond, VA | Center Programs | $10,000 |
| YWCA Richmond Richmond, VA | Family Programs | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2022 IRS filing
From 2022 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gayle E Boleman | President | 0.5 | — |
| Joseph N Colleran | Vice-President | 0.5 | — |
| G Russell Boleman | Treasurer | 0.5 | — |
| Andrew C Rowe | Secretary | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Gayle and Rusty Boleman Foundation?
Gayle and Rusty Boleman Foundation is a private foundation focused on Education, based in VIRGINIA BCH, VA. It holds — in total assets as of 2022.
Where does Gayle and Rusty Boleman Foundation operate?
Gayle and Rusty Boleman Foundation has awarded grants in District of Columbia, North Carolina, Virginia.
What size grants does Gayle and Rusty Boleman Foundation award?
In 2022, Gayle and Rusty Boleman Foundation awarded 14 grants totaling $100K — an average of about $7K per grant, based on its IRS Form 990 filings.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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