Maryland Soybean Board logo

Maryland Soybean Board

Public charity · Grantmaker Salisbury, MD EIN: 52-1214909 Website
Economically disadvantaged peopleAgriculturefishing and forestry

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.

Key facts about Maryland Soybean Board

In short: Maryland Soybean Board gave $505K across 1 grant in 2025 (avg $505K), mostly in Missouri. Source: 2025 IRS Form 990.

EIN
52-1214909
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$504,711
Grants made (2025)
1
Average grant
$504,711
Median grant
$504,711
Total assets
$1,010,145
Primary geography
Missouri (100% of itemized 2025 grant dollars)
Next open deadline
September 30, 2026 (Maryland Soybean Board Research Grants (Checkoff Grants))

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$1.0M

-8.4% YoY

Annual Giving

$505K

-40.1% YoY

Grant Count

1

-66.7% YoY

Avg Grant Size

$505K

+79.6% YoY

How Maryland Soybean Board gives

  • Giving fell 49% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

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

Economically disadvantaged peopleAgriculturefishing and forestry

Open Grants

2 open opportunities from Maryland Soybean Board

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of all 1 itemized 2025 grant dollars.

Cities

ChesterfieldCollege ParkNewarkPrincess Anne

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M3 grants20203 grants20213 grants20223 grants20233 grants20241 grants2025

From 2020 to 2025, annual grant giving ranged from $505K (2025) to $989K (2022). In 2025 it made 1 grant totaling $505K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2025

United States Soybean Board: $505KUnited States Soybean Board$505K

The largest 2025 recipient was United States Soybean Board ($505K).

Grant Size Distribution

13 grants across all recorded years

4<$50K$50–100K4$100–250K$250–500K5$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 5 grants of 13 (38%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
United States Soybean Board Chesterfield, MORequired Remittance to Usb (50% of Assessment Revenue)$504,711

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M202020212022202320242025
Metric202520242023
Total Assets$1,010,145$1,103,180$1,195,620
Revenue$1,097,244$1,493,482$1,836,520
Expenses$1,243,419$1,433,619$1,620,208
Net Investment Income$19,671$16,722$5,904

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2023 (received by the IRS March 8, 2024)
  2. Updated Form 990 for fiscal year 2024 (received by the IRS April 9, 2025)
  3. Added Form 990 for fiscal year 2025 (received by the IRS August 11, 2026)
  4. IRS filings on file for fiscal years 2020–2024

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.

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