Inez Kight Boddie Scholarship Fund

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 grants totaling $22K. Net investment income was $39K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$223K

+11.8% YoY

Annual Giving

$22K

+76.0% YoY

Grant Count

+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.

About Inez Kight Boddie Scholarship Fund

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Georgia $54K (100%)

States

Georgia

Cities

Lagrange

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

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

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

4 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Lagrange College ($22,000).

Recipient	Purpose	Amount
LAGRANGE COLLEGE LAGRANGE, GA	EDUCATIONAL SCHOLARSHIPS	$22,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
BANK OF AMERICA	TRUSTEE	1	$1,346
AMERICAN NATIONAL BANK OF TEXAS	SUCCESSOR TRUSTEE	1	$2,655

Frequently Asked Questions

How large is Inez Kight Boddie Scholarship Fund?

As of 2024, Inez Kight Boddie Scholarship Fund holds $223K in total assets with $45K in annual revenue. It awarded 1 grants totaling $22K in 2024.

Where does Inez Kight Boddie Scholarship Fund operate?

Inez Kight Boddie Scholarship Fund has awarded grants in Georgia.

What size grants does Inez Kight Boddie Scholarship Fund award?

In 2024, Inez Kight Boddie Scholarship Fund awarded 1 grants totaling $22K — an average of about $22K per grant, based on its IRS Form 990 filings.

How much is Inez Kight Boddie Scholarship Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Inez Kight Boddie Scholarship Fund reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.