The Boone Foundation

Foundation · Grantmaker DALLAS, TX EIN: 75-2567121

The Boone Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $189K in total assets. In 2024, it awarded 2 grants totaling $8K. Net investment income was $13K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$189K

+2.9% YoY

Annual Giving

$8K

-6.3% YoY

Grant Count

-33.3% YoY

Avg Grant Size

$4K

+40.6% YoY

Under IRS private-foundation payout rules, The Boone Foundation reported a distributable amount of $9K for 2024 — the minimum it must pay out in qualifying distributions.

About The Boone Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Texas $48K (100%)

States

Texas

Cities

Dallas

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$189,358	$183,980	$188,007
Revenue	$12,960	$4,653	$6,668
Expenses	$7,582	$8,680	$25,930
Qualifying Distributions	$7,500	$8,000	$25,250
Net Investment Income	$12,878	$3,973	$5,988
Distributable Amount	$9,147	$8,514	$10,798

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

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Crystal Charity Ball ($5,000), Kershaw's Challenge ($2,500).

Recipient	Purpose	Amount
CRYSTAL CHARITY BALL DALLAS, TX	SUPPORT	$5,000
KERSHAW'S CHALLENGE DALLAS, TX	SUPPORT	$2,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
Thomas K Boone	President	2	—
Cordelia F Boone	Vice President	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is The Boone Foundation?

The Boone Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in DALLAS, TX. It holds $189K in total assets as of 2024.

How large is The Boone Foundation?

As of 2024, The Boone Foundation holds $189K in total assets with $13K in annual revenue. It awarded 2 grants totaling $8K in 2024.

Where does The Boone Foundation operate?

The Boone Foundation has awarded grants in Texas.

What size grants does The Boone Foundation award?

In 2024, The Boone Foundation awarded 2 grants totaling $8K — an average of about $4K 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 $9K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.