Mobile Boating Education Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOBILE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $103K in total assets. In 2024, it awarded 2 grants totaling $6K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$103K
+2.9% YoY
Annual Giving
$6K
+2.8% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$3K
+2.8% YoY
Under IRS private-foundation payout rules, Mobile Boating Education Inc reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Mobile Boating Education Inc
Based on IRS filings
Mobile Boating Education Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOBILE, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $103K in total assets. In 2024, it awarded 2 grants totaling $6K. Net investment income was $9K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $102,853 | $99,997 | $94,072 |
| Revenue | $10,554 | $19,530 | $2,454 |
| Expenses | $7,797 | $7,305 | $7,551 |
| Qualifying Distributions | $6,200 | $6,030 | $6,300 |
| Net Investment Income | $8,957 | $1,543 | $1,218 |
| Distributable Amount | $7,838 | $6,194 | $6,034 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Dauphin Island Sea Lab Foundation ($3,100), South Alabama Land Trust ($3,100).
| Recipient | Purpose | Amount |
|---|---|---|
| Dauphin Island Sea Lab Foundation Mobile, AL | Grant In Support of Mission | $3,100 |
| South Alabama Land Trust Fairhope, AL | Grant In support of mission | $3,100 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Donald W Rowe | Director | 1 | — |
| John A Breeden | Director | 1 | — |
| Larry Lartigue | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Mobile Boating Education Inc?
Mobile Boating Education Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MOBILE, AL. It holds $103K in total assets as of 2024.
How large is Mobile Boating Education Inc?
As of 2024, Mobile Boating Education Inc holds $103K in total assets with $11K in annual revenue. It awarded 2 grants totaling $6K in 2024.
Where does Mobile Boating Education Inc operate?
Mobile Boating Education Inc has awarded grants in Alabama.
What size grants does Mobile Boating Education Inc award?
In 2024, Mobile Boating Education Inc awarded 2 grants totaling $6K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Mobile Boating Education Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Mobile Boating Education Inc reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Mobile Boating Education Inc's EIN?
Mobile Boating Education Inc's EIN (Employer Identification Number) is 83-2481959. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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