Hilary Boone Foundation Inc

Private foundation · Grantmaker Lexington, KY EIN: 61-1249175

Hilary Boone Foundation Inc is a private foundation based in Lexington, Kentucky. In 2024, it reported 69 grants totaling $902,500, with 79% of grant dollars going to recipients in Kentucky.

Hilary Boone Foundation Inc at a glance

In short: Hilary Boone Foundation Inc gave $903K across 69 grants in 2024 (avg $13K), mostly in Kentucky. 16% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$902,500
-1.9% vs 2023
Grants made (2024)
69
+9.5% vs 2023
Average grant
$13,080
-10.4% vs 2023
Median grant
$8,000
Total assets
$11,593,362
-2.5% vs 2023
New grantees (estimate)
16% first-time grantees (11 of 69, 2024)
Primary geography
Kentucky (79% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Hilary Boone Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 376 South Broadway, Lexington, KY 40508
Phone: (859) 259-9600

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Hilary Boone Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

The Lexington School: $150KThe Lexington School$150KUK Markey Cancer Center Foundation: $51KUK Markey Cancer CenterFoundation$51KTown Branch Park Inc: $50KTown Branch Park Inc$50KUnited States Equestrian Team Foundation: $50KUnited States Equestrian TeamFoundation$50KWalnut Hill Church: $45KWalnut Hill Church$45KLexington Challenger Tennis Charity: $40KLexington Challenger TennisCharity$40KSalvation Army: $35KSalvation Army$35KShepherd's House Ministries: $31KShepherd's House Ministries$31KFlorida Coalition for Preservation: $25KFlorida Coalition forPreservation$25KWinterthur: $25KWinterthur$25K

The largest 2024 recipient was The Lexington School ($150K). Together the top 10 received $502K.

Organizations only. It also paid 1 grant to individuals ($20,000), which are not listed by name.

Grant Size Distribution

313 grants across all recorded years

287<$50K21$50–100K4$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 287 grants of 313 (92%).

Geographic Focus

Where this funder awards grants

In 2024, 79% of grant dollars went to recipients in Kentucky. Other listed recipient-state shares were New Jersey (6%), New York (3%), Florida (3%), and Delaware (3%).

Grant Distribution by State

13states

Share of 2024 grant dollars across all 69 itemized grants.

Cities

LexingtonDelray BeachLouisvilleHarrodsburgParisFrankfortStaten IslandWashingtonCarmelFrederickFredericksburgWatertownWilliamsburgGladstoneNew YorkRoanokeWinchesterBoynton BeachWinterthurAspen

Is Hilary Boone Foundation Inc open to new grantees?

16%

first-time grantees, 2024

In 2024, 11 of 69 grantees (16%) were first-time recipients. First grants averaged $8K; repeat grants $14K. How we count

Medians: $5K first-time, $10K repeat.

  • 74% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+7%). Method
  • In 2024 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M63 grants2020 62 grants2021 56 grants2022 63 grants2023 69 grants2024

From 2020 to 2024, annual grant giving ranged from $815K (2020) to $1.0M (2022). In 2024 it made 69 grants totaling $903K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
The Lexington School Lexington, KYSubsidy$150,000
UK Markey Cancer Center Foundation Lexington, KYSubsidy$51,000
Town Branch Park Inc Lexington, KYSubsidy$50,000
United States Equestrian Team Foundation Gladstone, NJSubsidy$50,000
Walnut Hill Church Lexington, KYSubsidy$45,000
Lexington Challenger Tennis Charity Lexington, KYSubsidy$40,000
Salvation Army Lexington, KYSubsidy$35,000
Shepherd's House Ministries Lexington, KYSubsidy$31,000
Florida Coalition for Preservation Boynton Beach, FLSubsidy$25,000
Winterthur Winterthur, DESubsidy$25,000
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Financial History

Multi-year comparison from IRS filings

The foundation reported 69 grants in 2024, 63 in 2023, and 56 in 2022.

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$11,593,362$734,256$1,027,398$902,50069$902,508$626,278$1,014,911
2023$11,894,939$1,145,299$1,025,074$920,00063$923,758$1,051,012$868,376
2022$11,797,832$-115,852$1,140,818$1,002,50056$1,006,524$114,107$914,444
2021$13,054,502$1,015,662$971,684$846,00062$849,750$898,987$1,010,777
2020$13,017,288$301,646$921,415$815,00063—$198,820$839,858

Under IRS private-foundation payout rules, Hilary Boone Foundation Inc reported a distributable amount of $1.0M for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No formal mission statement is provided. The foundation’s 2024 grants show support for organizations working in a range of areas. For example, Town Branch Park Inc says its mission is to bring the beauty of the countryside to the city through park design and programming. Lexington Challenger Tennis Charity Inc says it promotes healthy lifestyles through tennis and a professional tournament. Lexington Humane Society says it advocates compassionate treatment of animals, responsible pet ownership, and adoption. Chrysalis House Inc describes its mission as providing family-oriented treatment and recovery support for women with substance use disorders.

Grantmaking

In 2024, the foundation made 69 grants totaling $902,500. Grants ranged from $500 to $150,000, with a median of $8,000. Among the largest grants were $150,000 to The Lexington School, $51,000 to UK Markey Cancer Center Foundation, $50,000 each to Town Branch Park Inc and United States Equestrian Team Foundation, and $45,000 to Walnut Hill Church. The filing lists the purposes of these grants as “SUBSIDY.”

Other 2024 grants included $40,000 to Lexington Challenger Tennis Charity, $35,000 to Salvation Army, $31,000 to Shepherd’s House Ministries, $23,500 to Lexington Humane Society, and $20,000 to Hound Welfare Fund. In its own description, Bluegrass Land Conservancy says it works to protect land in the Bluegrass region through permanent conservation easements; it received $10,000 in 2024.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Samuel AB Boone as President/Treasurer, Alyce B Hoskins as Vice President, and Dowell Hoskins as Director.

Hilary Boone Foundation Inc is led by Samuel Ab Boone, President & Treasurer on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Samuel Ab Boone

    President & Treasurer

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Dowell Hoskins

    Director

    On filings since 2020

    0.3 hrs/week

    No compensation reported

  • Alyce B. Hoskins

    Vice President

    On filings since 2020

    0.3 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Hilary Boone Foundation Inc

How much does Hilary Boone Foundation Inc give each year?

Hilary Boone Foundation Inc gave $903K across 69 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $920K across 63 grants.

What is Hilary Boone Foundation Inc's typical grant size?

Hilary Boone Foundation Inc's median grant in 2024 was $8,000, and its average grant was $13,080, across 69 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Hilary Boone Foundation Inc that year got $8K on average.

Where does Hilary Boone Foundation Inc give grants?

Hilary Boone Foundation Inc gives mostly in Kentucky: 79% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New Jersey (6%). The most frequent recipient cities were Lexington, KY (41 grants), Delray Beach, FL (3 grants), Harrodsburg, KY (2 grants) and Staten Island, NY (2 grants).

Does Hilary Boone Foundation Inc give general operating support?

Not in 2024: none of the 69 grants with a stated purpose on Hilary Boone Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Subsidy" (69 grants).

Who are Hilary Boone Foundation Inc's largest grantees?

Hilary Boone Foundation Inc's largest 2024 grantees include The Lexington School ($150,000), UK Markey Cancer Center Foundation ($51,000) and Town Branch Park Inc ($50,000), according to its 2024 IRS Form 990-PF. It also paid 1 grant to individuals ($20,000), which are not listed by name. Together they received 28% of its itemized 2024 grant dollars.

How large is Hilary Boone Foundation Inc?

Hilary Boone Foundation Inc reported $11.6M in total assets on its 2024 IRS Form 990-PF. It paid out $903K in qualifying distributions that year, against a required minimum of $1.0M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What does Hilary Boone Foundation Inc fund?

No formal mission statement is provided. The foundation’s 2024 grants show support for organizations working in a range of areas. For example, Town Branch Park Inc says its mission is to bring the beauty of the countryside to the city through park design and programming. See mission & focus areas ↑

How do I apply for a grant from Hilary Boone Foundation Inc?

The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Hilary Boone Foundation Inc's EIN?

Hilary Boone Foundation Inc's EIN (Employer Identification Number) is 61-1249175. IRS Form 990 filing data is available on this page for 2020–2024.

Does Hilary Boone Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Hilary Boone Foundation Inc funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/hilary-boone-foundation-inc-morg_5860f6b7762242649996353d9fabcb5c

BibTeX
@misc{grantable_611249175_2026,
  author       = {{Grantable}},
  title        = {{Hilary Boone Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/hilary-boone-foundation-inc-morg_5860f6b7762242649996353d9fabcb5c},
  note         = {Accessed 2026-10-21. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Hilary Boone Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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