Maryland Soybean Board
To collect assessments and disburse the money collected to fund projects related to marketing, promotion of soybeans and new uses, soybean education, and soybean research to decrease production costs to farmers.
Maryland Soybean Board at a glance
In short: Maryland Soybean Board gave $505K across 1 grant in 2025 (avg $505K), mostly in Missouri. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $504,711
- -40.1% vs 2024
- Grants made (2025)
- 1
- -66.7% vs 2024
- Average grant
- $504,711
- +79.6% vs 2024
- Median grant
- $504,711
- Total assets
- $1,010,145
- -8.4% vs 2024
- Primary geography
- Missouri (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
How to apply to Maryland Soybean Board
- Next open deadline
- October 31, 2026 (Maryland Soybean Board Green Events Program)
Open Grants
1 open opportunity from Maryland Soybean Board
Who Maryland Soybean Board funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was United States Soybean Board ($505K).
Grant Size Distribution
13 grants across all recorded years
The most common grant size was in the $500K–1M range: 5 grants of 13 (38%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
Cities
How Maryland Soybean Board gives
- Giving fell 49% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $505K (2025) to $989K (2022). In 2025 it made 1 grant totaling $505K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| United States Soybean Board Chesterfield, MO | Required Remittance to USB (50% of Assessment Revenue) | $504,711 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $1,010,145 | $1,097,244 | $1,243,419 | $504,711 | 1 | $19,671 |
| 2024 | $1,103,180 | $1,493,482 | $1,433,619 | $843,228 | 3 | $16,722 |
| 2023 | $1,195,620 | $1,836,520 | $1,620,208 | $914,089 | 3 | $5,904 |
| 2022 | $852,931 | $1,729,119 | $1,434,999 | $989,245 | 3 | $1,683 |
| 2021 | $513,004 | $1,254,325 | $1,038,467 | $750,425 | 3 | $270 |
| 2020 | $271,965 | $844,996 | $855,527 | $561,093 | 3 | $615 |
About Maryland Soybean Board
Based on IRS filings
Maryland Soybean Board is a public charity focused on Economically disadvantaged people, based in Salisbury, MD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.0M in total assets. In 2025, it awarded 1 grant totaling $505K. Net investment income was $20K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Maryland Soybean Board is led by Eddie Boyle, Chairman since 2025 (on filings since 2021); none of the 10 officers listed in 2025 report compensation.
Officers on the 2025 filing
Eddie Boyle
Chairman
Director → Vice Chairman, 2022
Vice Chairman → Chairman, 2025
On filings since 2021
No compensation reported
Evan Stanley
Director
On filings since 2020
No compensation reported
Steve Walter
Director
On filings since 2021
No compensation reported
Ralph Stambaugh
Director
On filings since 2022
No compensation reported
Shane King
Director
On filings since 2022
No compensation reported
Tyler Rill
Director
On filings since 2024
No compensation reported
Tyler Aydelote
Director
New on the 2025 filing
No compensation reported
Wes Miller
Director
New on the 2025 filing
No compensation reported
Dale Brown
Treasurer
Director → Treasurer, 2025
On filings since 2020
No compensation reported
Jason Spicer
Vice Chairman
Director → Vice Chairman, 2025
On filings since 2020
No compensation reported
Former officers (7)
- Former: Curt Lambertson (2020–2024) — Treasurer
- Former: Joshua Appenzeller (2020–2024) — Chairman
- Former: Randy Stabler (2020–2024) — Director
- Former: Brian Johnson (2020–2021) — Vice Chairman
- Former: Linda Burrier (2020–2021) — Chairman
- Former: Jeff Griffith (2020) — Director
- Former: Travis Hutchison (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "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 Maryland Soybean Board
How much does Maryland Soybean Board give each year?
Maryland Soybean Board gave $505K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $843K across 3 grants.
How large is Maryland Soybean Board?
Maryland Soybean Board reported $1.0M in total assets on its 2025 IRS Form 990. Its revenue that year was $1.1M.
What is Maryland Soybean Board?
Maryland Soybean Board is a public charity focused on Economically disadvantaged people, based in Salisbury, MD. It holds $1.0M in total assets as of 2025.
Where does Maryland Soybean Board operate?
Maryland Soybean Board has awarded grants in Delaware, Maryland, Missouri.
What is Maryland Soybean Board's EIN?
Maryland Soybean Board's EIN (Employer Identification Number) is 52-1214909. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS January 19, 2022)
- Updated Form 990 for fiscal year 2021 (received by the IRS February 28, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS February 10, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS March 8, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 9, 2025)
- Added Form 990 for fiscal year 2025 (received by the IRS August 11, 2026)
- IRS filings on file for fiscal years 2020–2024
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