The Bost Foundation
The Bost Foundation is a private foundation based in Cornelius, North Carolina. It makes contributions to preselected charitable organizations and, according to its 2025 filing, does not accept unsolicited requests for funds.
The Bost Foundation at a glance
In short: The Bost Foundation gave $24K across 11 grants in 2025 (avg $2K), top state Puerto Rico. 10% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $24,250
- -8.5% vs 2024
- Grants made (2025)
- 11
- +0.0% vs 2024
- Average grant
- $2,205
- -8.5% vs 2024
- Median grant
- $1,000
- Total assets
- $462,316
- +1.2% vs 2024
- New grantees (estimate)
- 10% first-time grantees (1 of 10, 2025; small sample)
- Primary geography
- Puerto Rico (33% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Bost Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. The filing says to contact Edward B. Bost and that gifts will be made only to tax-exempt organizations. No application materials are specified.
- Contact
Application contact: Edward B Bost
Mailing address: 19415 S Main St, Cornelius, NC 28031-8511
Phone: (704) 895-9939
Email: edbost@mi-connection.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Bost Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was The Union Church of San Juan ($8K across 2 grants). Together the top 10 received $24K.
Grant Size Distribution
52 grants across all recorded years
The most common grant size was under $50K: 50 grants of 52 (96%).
Geographic Focus
Where this funder awards grants
The 2025 grant dollars were reported as 33% to recipients in Puerto Rico, 26% in North Carolina, 21% in Virginia, and 21% in Tennessee. These percentages are rounded.
Grant Distribution by State
Share of 2025 grant dollars across all 11 itemized grants.
States
Cities
Is The Bost Foundation open to new grantees?
10%
first-time grantees, 2025
In 2025, 1 of 10 grantees (10%) were first-time recipients. With only 10 grantees, that is a small sample: one grantee more or less moves the share by about 10 points. First grants averaged $1K; repeat grants $3K. How we count
Medians: $1K first-time, $1K repeat.
- 90% of 2025 grantees were also funded in 2024. Method
- Giving fell 80% from 2022 to 2025. Method
- In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $21K (2023) to $122K (2022). In 2025 it made 11 grants totaling $24K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Prisms Inc Sterling, VA | Operations | $5,000 |
| St Jude's Children's Research Hosp Johnson City, TN | Operations | $5,000 |
| The Union Church of San Juan San Juan, PR | Capital Improvements & Maintenance | $5,000 |
| The Union Church of San Juan San Juan, PR | Capital Improvements & Maintenance | $3,000 |
| Angels and Sparrows Huntersville, NC | Operations | $1,000 |
| Hope House Foundation Huntersville, NC | Operations | $1,000 |
| NC Zoo Society Asheboro, NC | Operations | $1,000 |
| Neighborhood Care Center Cornelius, NC | Operations | $1,000 |
| Mt Zion Methodist Church Cornelius, NC | Operations | $1,000 |
| Cornelius History Museum Cornelius, NC | Operations | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $462,316 | $30,527 | $25,249 | $24,250 | 11 | $24,250 | $27,859 | $21,291 |
| 2024 | $457,038 | $24,634 | $27,512 | $26,500 | 11 | $27,512 | $27,280 | $23,750 |
| 2023 | $459,916 | $13,816 | $21,348 | $20,500 | 9 | $21,348 | $19,097 | $22,589 |
| 2022 | $467,448 | $-11,418 | $123,389 | $121,500 | 11 | $123,389 | $24,662 | $26,018 |
| 2021 | $602,255 | $43,586 | $72,611 | $71,500 | 10 | $72,611 | $42,285 | $32,260 |
| 2020 | $631,281 | $29,482 | $52,415 | $51,500 | 10 | — | $34,217 | $29,937 |
Under IRS private-foundation payout rules, The Bost Foundation reported a distributable amount of $21K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. For example, PRISMS says it provides services and information for people with SMS and their families; Hope House Foundation says it provides transitional housing for women and children; and Neighborhood Care Center says it offers programs and resources for families in the Cornelius community. Divers Alert Network says it provides emergency medical information, assistance, and referrals for divers, and promotes dive safety.
Grantmaking
In 2025, the foundation awarded 11 grants totaling $24,250. Grant amounts ranged from $250 to $5,000, with a median of $1,000. The largest grants included $5,000 each to PRISMS Inc for operations, St. Jude’s Children’s Research Hospital for operations, and The Union Church of San Juan for capital improvements and maintenance. The foundation also awarded The Union Church of San Juan a separate $3,000 grant for capital improvements and maintenance.
Other 2025 grants included $1,000 each to Angels and Sparrows, Hope House Foundation, NC Zoo Society, Neighborhood Care Center, Mt. Zion Methodist Church, and Cornelius History Museum, and $250 to Divers Alert Network. The filing lists all of these grants for operations except the grants to The Union Church of San Juan.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Edward B. Bost as president, Mark E. Bost as vice president, and H. Morrison Johnston as director.
The Bost Foundation is led by Edward B. Bost, President on every filing since 2020; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Edward B. Bost
President
On filings since 2020
No compensation reported
H. Morrison Johnston
Director
On filings since 2020
No compensation reported
Mark E. Bost
Vice President
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Bost Foundation
How much does The Bost Foundation give each year?
The Bost Foundation gave $24K across 11 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $27K across 11 grants.
What is The Bost Foundation's typical grant size?
The Bost Foundation's median grant in 2025 was $1,000, and its average grant was $2,205, across 11 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Bost Foundation that year got $1K on average.
Where does The Bost Foundation give grants?
The Bost Foundation's top state is Puerto Rico, with 33% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were North Carolina (26%) and Virginia (21%). The most frequent recipient cities were Cornelius, NC (3 grants), San Juan, PR (2 grants) and Huntersville, NC (2 grants).
Does The Bost Foundation give general operating support?
Not in 2025: none of the 11 grants with a stated purpose on The Bost Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Operations" (9 grants).
Who are The Bost Foundation's largest grantees?
The Bost Foundation's largest 2025 grantees include The Union Church of San Juan ($8,000 across 2 grants), Prisms Inc ($5,000) and St Jude's Children's Research Hosp ($5,000), according to its 2025 IRS Form 990-PF. Together they received 74% of its itemized 2025 grant dollars.
How large is The Bost Foundation?
The Bost Foundation reported $462K in total assets on its 2025 IRS Form 990-PF. It paid out $24K in qualifying distributions that year, against a required minimum of $21K (roughly 5% of its investment assets).
What does The Bost Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants show support for a range of charitable organizations. See mission & focus areas ↑
How do I apply for a grant from The Bost Foundation?
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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 2020–2025.
Does The Bost Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 3, 2026)
- IRS filings on file for fiscal years 2020–2024
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Figures come from The Bost Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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