Obsidian Foundation Inc is a private foundation focused on Education, based in BOISE, ID. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 21 grants totaling $278K. Net investment income was $139K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
-8.0% YoY
Annual Giving
$278K
+29.2% YoY
Grant Count
21
-12.5% YoY
Avg Grant Size
$13K
+47.6% YoY
Under IRS private-foundation payout rules, Obsidian Foundation Inc reported a distributable amount of $164K for 2024 — the minimum it must pay out in qualifying distributions.
About Obsidian Foundation Inc
Based on IRS filings
Obsidian Foundation Inc is a private foundation focused on Education, based in BOISE, ID. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 21 grants totaling $278K. Net investment income was $139K.
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 | $2,334,563 | $2,538,381 | $2,619,177 |
| Revenue | $155,750 | $121,653 | $64,185 |
| Expenses | $298,619 | $233,276 | $210,152 |
| Qualifying Distributions | $282,214 | $220,385 | $194,050 |
| Net Investment Income | $139,345 | $108,762 | $51,922 |
| Distributable Amount | $163,846 | $155,080 | $154,887 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Stanley School Parents Association ($100,000), Aha Foundation ($25,000), Sun Valley Policy Forum ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AHA FOUNDATION Bethesda, MD | GENERAL UNRESTRICTED GRANT | $25,000 |
| IDAHO ORCHESTRA INSTITUE Boise, ID | GENERAL UNRESTRICTED GRANT | $1,550 |
| SUN VALLEY POLICY FORUM Ketchum, ID | GENERAL UNRESTRICTED GRANT | $25,000 |
| BOISE MUSIC WEEK Boise, ID | GENERAL UNRESTRICTED GRANT | $3,000 |
| INSPIRE EXCELLENCE Meridian, ID | GENERAL UNRESTRICTED GRANT | $15,000 |
| GHANA MAKE A DIFFERENCE Star, ID | GENERAL UNRESTRICTED GRANT | $3,000 |
| PHD PRODUCTIONS Studio City, CA | GENERAL UNRESTRICTED GRANT | $2,000 |
| TEH SHALEM FOUNDATION New York, NY | GENERAL UNRESTRICTED GRANT | $5,000 |
| CALVIN COOLIDGE FOUNDATION Plymouth, VT | GENERAL UNRESTRICTED GRANT | $15,000 |
| HOOVER INSTITUTION Stanford, CA | GENERAL UNRESTRICTED GRANT | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOAN BOREN | DIRECTORSECRETARY | 1 | — |
| MICHAEL BOREN | DIRECTORPRESIDENT | 0.5 | — |
| KATHERINE BOREN | DIRECTOR | 0.5 | — |
| JACK BOREN | DIRECTOR | — | — |
| AMANDA BOREN | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Obsidian Foundation Inc?
Obsidian Foundation Inc is a private foundation focused on Education, based in BOISE, ID. It holds $2.3M in total assets as of 2024.
How large is Obsidian Foundation Inc?
As of 2024, Obsidian Foundation Inc holds $2.3M in total assets with $156K in annual revenue. It awarded 21 grants totaling $278K in 2024.
Where does Obsidian Foundation Inc operate?
Obsidian Foundation Inc has awarded grants in Arizona, California, Colorado, District of Columbia, Idaho, Maryland, Michigan, New York, Utah, Vermont, Washington, Wisconsin.
What size grants does Obsidian Foundation Inc award?
In 2024, Obsidian Foundation Inc awarded 21 grants totaling $278K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Obsidian Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Obsidian Foundation Inc reported a distributable amount of $164K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Obsidian Foundation Inc's EIN?
Obsidian Foundation Inc's EIN (Employer Identification Number) is 91-1897282. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Obsidian Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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