The Boyce Family Foundation

Private foundation · Grantmaker Lake Forest, IL EIN: 36-3993187

The Boyce Family Foundation is a private foundation, based in Lake Forest, IL. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $833K in total assets. In 2025, it awarded 6 grants totaling $125K. Net investment income was $116K.

The Boyce Family Foundation at a glance

In short: The Boyce Family Foundation gave $125K across 6 grants in 2025 (avg $21K), top state Illinois. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$125,000
+4.2% vs 2024
Grants made (2025)
6
-14.3% vs 2024
Average grant
$20,833
+21.5% vs 2024
Median grant
$17,500
Total assets
$832,932
+2.0% vs 2024
Primary geography
Illinois (48% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated September 2026.

Who The Boyce Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Rochester Institute of Technology: $50KRochester Institute ofTechnology$50KBosco Foundation: $30KBosco Foundation$30KNorthwestern Lake Forest Hospital: $25KNorthwestern Lake ForestHospital$25KHabitat for Humanity: $10KHabitat for Humanity$10KGarrett Evangelical Theological Seminary: $5KGarrett EvangelicalTheological Seminary$5KMayo Clinic Foundation: $5KMayo Clinic Foundation$5K

The largest 2025 recipient was Rochester Institute of Technology ($50K). Together the top 6 received $125K.

Grant Size Distribution

34 grants across all recorded years

30<$50K4$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 30 grants of 34 (88%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

Lake ForestRochesterBataviaEvanstonFranklin

How The Boyce Family Foundation gives

  • Giving held roughly steady from 2022 to 2025 (+1%). Method
  • In 2025 it paid out 89% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K7 grants2020 7 grants2021 7 grants2022 7 grants2023 7 grants2024 6 grants2025

From 2020 to 2025, annual grant giving ranged from $85K (2020) to $125K (2025). In 2025 it made 6 grants totaling $125K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Rochester Institute of Technology Rochester, NYHigher Education$50,000
Bosco Foundation Lake Forest, ILReligious Activities$30,000
Northwestern Lake Forest Hospital Lake Forest, ILHealth Care Services and Education$25,000
Habitat for Humanity Batavia, NYHousing Development$10,000
Garrett Evangelical Theological Seminary Evanston, ILReligious Education$5,000
Mayo Clinic Foundation Rochester, MNMedical Research$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$832,932$120,083$131,138$125,0006$125,000$115,553$140,978
2024$816,295$119,910$125,752$120,0007$124,180$115,715$134,943
2023$813,804$120,205$129,659$124,0007$127,870$116,320$102,630
2022$823,258$124,112$129,937$124,0007$127,685$120,412$105,681
2021$829,083$117,997$104,287$100,0007—$114,350$110,104
2020$815,373$65,443$89,665$85,0007—$62,248$85,909

Under IRS private-foundation payout rules, The Boyce Family Foundation reported a distributable amount of $141K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Boyce Family Foundation's 2025 filing lists 6 officers; none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Daniel Boyce

    Trustee

    On filings since 2020

    No compensation reported

  • Donald N. Boyce

    Trustee

    On filings since 2020

    No compensation reported

  • Jeris S. Boyce

    Trustee

    On filings since 2020

    No compensation reported

  • Mark Boyce

    Trustee

    On filings since 2020

    No compensation reported

  • Tammy Skinner

    Trustee

    On filings since 2020

    No compensation reported

  • Timothy Boyce

    Trustee

    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 Boyce Family Foundation

How much does The Boyce Family Foundation give each year?

The Boyce Family Foundation gave $125K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $120K across 7 grants.

What is The Boyce Family Foundation's typical grant size?

The Boyce Family Foundation's median grant in 2025 was $17,500, and its average grant was $20,833, across 6 grants on its 2025 IRS Form 990-PF.

Where does The Boyce Family Foundation give grants?

The Boyce Family Foundation's top state is Illinois, with 48% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest state was New York (48%). The most frequent recipient cities were Lake Forest, IL (2 grants).

Does The Boyce Family Foundation give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on The Boyce Family Foundation's 2025 IRS Form 990-PF were described as general or operating support.

Who are The Boyce Family Foundation's largest grantees?

The Boyce Family Foundation's largest 2025 grantees include Rochester Institute of Technology ($50,000), Bosco Foundation ($30,000) and Northwestern Lake Forest Hospital ($25,000), according to its 2025 IRS Form 990-PF. Together they received 84% of its itemized 2025 grant dollars.

How large is The Boyce Family Foundation?

The Boyce Family Foundation reported $833K in total assets on its 2025 IRS Form 990-PF. It paid out $125K in qualifying distributions that year, against a required minimum of $141K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

What is The Boyce Family Foundation's EIN?

The Boyce Family Foundation's EIN (Employer Identification Number) is 36-3993187. IRS Form 990 filing data is available on this page for 2020–2025.

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

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS February 23, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS January 23, 2023)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 14, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
  6. Added Form 990-PF for fiscal year 2025 (received by the IRS June 1, 2026)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from The Boyce Family 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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