Inez Kight Boddie Scholarship Fund
Inez Kight Boddie Scholarship Fund is a private foundation, based in Richardson, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $223K in total assets. In 2024, it awarded 1 grant totaling $22K. Net investment income was $39K.
Key facts about Inez Kight Boddie Scholarship Fund
In short: Inez Kight Boddie Scholarship Fund gave $22K across 1 grant in 2024 (avg $22K), mostly in Georgia. Source: 2024 IRS Form 990-PF.
- EIN
- 58-6233854
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $22,000
- Grants made (2024)
- 1
- Average grant
- $22,000
- Median grant
- $22,000
- Total assets
- $223,383
- Primary geography
- Georgia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$223K
+11.8% YoY
Annual Giving
$22K
+76.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$22K
+76.0% YoY
Under IRS private-foundation payout rules, Inez Kight Boddie Scholarship Fund reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.
How Inez Kight Boddie Scholarship Fund gives
- Giving grew 144% from 2021 to 2024. Method
- In 2024 it paid out 229% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $9K (2021) to $22K (2024). In 2024 it made 1 grant totaling $22K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Lagrange College ($22K).
Grant Size Distribution
4 grants across all recorded years
The most common grant size was under $50K: 4 grants of 4 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Lagrange College Lagrange, GA | Educational Scholarships | $22,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $223,383 | $199,755 | $216,487 |
| Revenue | $45,092 | $6,119 | $-5,951 |
| Expenses | $31,646 | $23,209 | $10,873 |
| Qualifying Distributions | $25,821 | $19,795 | $6,014 |
| Net Investment Income | $39,335 | $2,760 | $624 |
| Distributable Amount | $11,298 | $11,161 | $11,476 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Inez Kight Boddie Scholarship Fund's 2024 filing lists 2 officers; all 2 officers listed in 2024 are compensated.
Officers on the 2024 filing
Bank Of America
Trustee
On filings since 2021
1 hr/week
$4K (2021) → $1K (2024)
American National Bank Of Texas
Successor Trustee
New on the 2024 filing
1 hr/week
$3K (2024)
Former officers (1)
- Former: Bank Of America N A (2020) — Trustee
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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $3K, to American National Bank of Texas (Successor Trustee). 2 officers or directors reported compensation on that filing.
Frequently asked questions about Inez Kight Boddie Scholarship Fund
How much does Inez Kight Boddie Scholarship Fund give each year?
Inez Kight Boddie Scholarship Fund gave $22K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $13K across 1 grant.
How large is Inez Kight Boddie Scholarship Fund?
Inez Kight Boddie Scholarship Fund reported $223K in total assets on its 2024 IRS Form 990-PF. It paid out $26K in qualifying distributions that year, against a required minimum of $11K (roughly 5% of its investment assets).
Where does Inez Kight Boddie Scholarship Fund operate?
Inez Kight Boddie Scholarship Fund has awarded grants in Georgia.
What is Inez Kight Boddie Scholarship Fund's EIN?
Inez Kight Boddie Scholarship Fund's EIN (Employer Identification Number) is 58-6233854. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Inez Kight Boddie Scholarship Fund by hand.
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