The Boone Foundation
The Boone Foundation is a private foundation, based in MONROVIA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $999K in total assets. In 2024, it awarded 4 grants totaling $154K. Net investment income was $65K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$999K
-8.0% YoY
Annual Giving
$154K
+6.2% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$39K
+6.2% YoY
Under IRS private-foundation payout rules, The Boone Foundation reported a distributable amount of $62K for 2024 — the minimum it must pay out in qualifying distributions.
About The Boone Foundation
Based on IRS filings
The Boone Foundation is a private foundation, based in MONROVIA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $999K in total assets. In 2024, it awarded 4 grants totaling $154K. Net investment income was $65K.
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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 | $999,303 | $1,086,698 | $707,901 |
| Revenue | $122,784 | $578,907 | $110,318 |
| Expenses | $210,179 | $200,110 | $176,089 |
| Qualifying Distributions | $170,191 | $162,422 | $139,600 |
| Net Investment Income | $65,041 | $26,512 | $47,047 |
| Distributable Amount | $61,990 | $41,241 | $46,571 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pasadena City College Foundation ($71,500), Catalina Island Conservancy ($40,000), La World Affairs Council and Town Hall ($30,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CATALINA ISLAND CONSERVANCY AVALON, CA | COURSE CATALINA TRAILHEAD VISITOR CENTER | $40,000 |
| LA WORLD AFFAIRS COUNCIL AND TOWN HALL CULVER CITY, CA | GENERAL OPERATING SUPPORT | $30,000 |
| PASADENA CITY COLLEGE FOUNDATION PASADENA, CA | BOONE ACHIEVEMENT AWARD | $71,500 |
| SOCIAL AND EMOTIONAL WELLNESS INSTITUTE LOS ANGELES, CA | GENERAL OPERATING SUPPORT | $12,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY LOU BOONE | CHAIR | 5 | — |
| LYNDA BOONE FETTER | SECRETARY/TREASURER | 10 | — |
| GEORGE N BOONE JR | PRESIDENT | 40 | — |
Frequently Asked Questions
How large is The Boone Foundation?
As of 2024, The Boone Foundation holds $999K in total assets with $123K in annual revenue. It awarded 4 grants totaling $154K in 2024.
Where does The Boone Foundation operate?
The Boone Foundation has awarded grants in California.
What size grants does The Boone Foundation award?
In 2024, The Boone Foundation awarded 4 grants totaling $154K — an average of about $39K per grant, based on its IRS Form 990 filings.
How much is The Boone Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Boone Foundation reported a distributable amount of $62K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Boone Foundation's EIN?
The Boone Foundation's EIN (Employer Identification Number) is 95-3883757. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Boone Foundation'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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