The Bost Foundation

CORNELIUS, NC EIN: 66-0424035

The Bost Foundation is a private foundation, based in CORNELIUS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $457K in total assets. In 2024, it awarded 11 grants totaling $27K. Net investment income was $27K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$457K

-0.6% YoY

Annual Giving

$27K

+29.3% YoY

Grant Count

11

+22.2% YoY

Avg Grant Size

$2K

+5.8% YoY

Under IRS private-foundation payout rules, The Bost Foundation reported a distributable amount of $24K for 2024 — the minimum it must pay out in qualifying distributions.

About The Bost Foundation

Based on IRS filings

The Bost Foundation is a private foundation, based in CORNELIUS, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $457K in total assets. In 2024, it awarded 11 grants totaling $27K. Net investment income was $27K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

AsheboroCorneliusDavidsonDurhamHuntersvilleJohnson CitySan JuanSterling

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$34K$68K$102K$136K20202021202220232024
Metric202420232022
Total Assets$457,038$459,916$467,448
Revenue$24,634$13,816$-11,418
Expenses$27,512$21,348$123,389
Qualifying Distributions$27,512$21,348$123,389
Net Investment Income$27,280$19,097$24,662
Distributable Amount$23,750$22,589$26,018

Giving Over Time

Total grant dollars and number of grants per year

$0$30K$61K$91K$122K10 grants202010 grants202111 grants20229 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

PRISMS INC$5KST JUDE'S CHILDREN'S RES…$5KTHE UNION CHURCH OF SAN …$5KCAIN CENTER FOR THE ARTS$5KDAVIDSON COMMUNITY PLAYERS$1KANGELS AND SPARROWS$1KHOPE HOUSE FOUNDATION$1KNC ZOO SOCIETY$1KNEIGHBORHOOD CARE CENTER$1KMT ZION METHODIST CHURCH$1K

Grant Size Distribution

51 grants across all recorded years

49<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Prisms Inc ($5,000), St Jude's Children's Research Hosp ($5,000), The Union Church of San Juan ($5,000).

RecipientPurposeAmount
ANGELS AND SPARROWS HUNTERSVILLE, NCOPERATIONS$1,000
DAVIDSON COMMUNITY PLAYERS DAVIDSON, NCOPERATIONS$1,250
DIVERS ALERT NETWORK DURHAM, NCOPERATIONS$250
HOPE HOUSE FOUNDATION HUNTERSVILLE, NCOPERATIONS$1,000
NC ZOO SOCIETY ASHEBORO, NCOPERATIONS$1,000
NEIGHBORHOOD CARE CENTER CORNELIUS, NCOPERATIONS$1,000
PRISMS INC STERLING, VAOPERATIONS$5,000
ST JUDE'S CHILDREN'S RESEARCH HOSP JOHNSON CITY, TNOPERATIONS$5,000
THE UNION CHURCH OF SAN JUAN SAN JUAN, PRCAPITAL IMPROVEMENTS & MAINTENANCE$5,000
CAIN CENTER FOR THE ARTS CORNELIUS, NCOPERATIONS$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
EDWARD B BOSTPRESIDENT1
MARK E BOSTVP0.5
H MORRISON JOHNSTONDIRECTOR0.25

Frequently Asked Questions

How large is The Bost Foundation?

As of 2024, The Bost Foundation holds $457K in total assets with $25K in annual revenue. It awarded 11 grants totaling $27K in 2024.

Where does The Bost Foundation operate?

The Bost Foundation has awarded grants in North Carolina, Pr, Tennessee, Virginia.

What size grants does The Bost Foundation award?

In 2024, The Bost Foundation awarded 11 grants totaling $27K — an average of about $2K per grant, based on its IRS Form 990 filings.

How much is The Bost Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bost Foundation reported a distributable amount of $24K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Bost Foundation's EIN?

The Bost Foundation's EIN (Employer Identification Number) is 66-0424035. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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