Inez Kight Boddie Scholarship Fund

Private foundation · Grantmaker Richardson, TX EIN: 58-6233854

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.

Inez Kight Boddie Scholarship Fund at a glance

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.

Annual giving (2024)
$22,000
+76.0% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$22,000
+76.0% vs 2023
Median grant
$22,000
Total assets
$223,383
+11.8% vs 2023
Primary geography
Georgia (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Inez Kight Boddie Scholarship Fund funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Lagrange College: $22KLagrange College$22K

The largest 2024 recipient was Lagrange College ($22K).

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 4 grants of 4 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Lagrange

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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K1 grant2020 1 grant2021 0 grants2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $9K (2021) to $22K (2024). In 2024 it made 1 grant totaling $22K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Lagrange College Lagrange, GAEducational Scholarships$22,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$223,383$45,092$31,646$22,0001$25,821$39,335$11,298
2023$199,755$6,119$23,209$12,5001$19,795$2,760$11,161
2022$216,487$-5,951$10,873——$6,014$624$11,476
2021$233,310$50,449$15,728$9,0001$11,713$46,454$12,862
2020$198,346$16,033$16,352$10,3351—$12,351$11,131

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.

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

American National Bank of Texas — Successor Trustee: $3KAmerican National Bank…Successor Trustee$3KBank of America — Trustee: $1KBank of AmericaTrustee$1K

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.

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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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Inez Kight Boddie Scholarship Fund'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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