The Labarron and Lori Boone Educational Foundation Charitable Trust
The Labarron and Lori Boone Educational Foundation Charitable Trust is a private foundation, based in Pike Road, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $285K in total assets. In 2024, it awarded 7 grants totaling $92K. Net investment income was $4K.
Key facts about The Labarron and Lori Boone Educational Foundation Charitable Trust
In short: The Labarron and Lori Boone Educational Foundation Charitable Trust gave $92K across 7 grants in 2024 (avg $13K), mostly in Alabama. Source: 2024 IRS Form 990-PF.
- EIN
- 45-3981751
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $92,347
- Grants made (2024)
- 7
- Average grant
- $13,192
- Median grant
- $9,790
- Total assets
- $284,724
- Primary geography
- Alabama (85% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$285K
+10.3% YoY
Annual Giving
$92K
+20.2% YoY
Grant Count
7
+16.7% YoY
Avg Grant Size
$13K
+3.0% YoY
How The Labarron and Lori Boone Educational Foundation Charitable Trust gives
- Giving held roughly steady from 2021 to 2024 (+9%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Ready to take the next step with The Labarron and Lori Boone Educational Foundation Charitable Trust?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 7 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $77K (2023) to $92K (2024). In 2024 it made 7 grants totaling $92K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
The largest 2024 recipient was Resurection Catholic ($50K). Together the top 7 received $92K.
Grant Size Distribution
16 grants across all recorded years
The most common grant size was under $50K: 14 grants of 16 (88%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Resurection Catholic Montgomery, AL | Support the religious activities of the Church. | $50,000 |
| Guardian Catholic School Jacksonville, FL | To assist the indigent in their educational pursuits. | $13,807 |
| The Mercy House Montgomery, AL | To assist the indigent in their educational pursuits. | $10,000 |
| Saint James School Montgomery, AL | To assist the indigent in their educational pursuits. | $9,790 |
| The King's Canvas Montgomery, AL | To assist the indigent in their educational pursuits. | $5,000 |
| MAP Center for Excellence Montgomery, AL | To assist the indigent in their educational pursuits. | $2,750 |
| The Judge Frank M Johnson Institute Montgomery, AL | To assist the indigent in their educational pursuits. | $1,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $284,724 | $258,165 | $328,430 |
| Revenue | $118,906 | $6,568 | $162,830 |
| Expenses | $92,347 | $76,833 | — |
| Qualifying Distributions | $92,347 | $76,833 | — |
| Net Investment Income | $4,111 | $6,568 | $1,706 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS April 5, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS September 10, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS April 11, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 22, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
The Labarron and Lori Boone Educational Foundation Charitable Trust is led by Labarron Boone, President & CEO on every filing since 2020; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Labarron Boone
President & CEO
On filings since 2020
No compensation reported
Lori A Boone
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Labarron and Lori Boone Educational Foundation Charitable Trust
How much does The Labarron and Lori Boone Educational Foundation Charitable Trust give each year?
The Labarron and Lori Boone Educational Foundation Charitable Trust gave $92K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $77K across 6 grants.
What is The Labarron and Lori Boone Educational Foundation Charitable Trust's typical grant size?
The Labarron and Lori Boone Educational Foundation Charitable Trust's median grant in 2024 was $9,790, and its average grant was $13,192, across 7 grants on its 2024 IRS Form 990-PF.
Where does The Labarron and Lori Boone Educational Foundation Charitable Trust give grants?
The Labarron and Lori Boone Educational Foundation Charitable Trust gives mostly in Alabama: 85% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Florida (15%). The most frequent recipient cities were Montgomery, AL (6 grants).
Does The Labarron and Lori Boone Educational Foundation Charitable Trust give general operating support?
Not in 2024: none of the 7 grants with a stated purpose on The Labarron and Lori Boone Educational Foundation Charitable Trust's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To assist the indigent in their educational pursuits." (6 grants).
Who are The Labarron and Lori Boone Educational Foundation Charitable Trust's largest grantees?
The Labarron and Lori Boone Educational Foundation Charitable Trust's largest 2024 grantees include Resurection Catholic ($50,000), Guardian Catholic School ($13,807) and The Mercy House ($10,000), according to its 2024 IRS Form 990-PF. Together they received 80% of its itemized 2024 grant dollars.
How large is The Labarron and Lori Boone Educational Foundation Charitable Trust?
The Labarron and Lori Boone Educational Foundation Charitable Trust reported $285K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $119K.
What is The Labarron and Lori Boone Educational Foundation Charitable Trust's EIN?
The Labarron and Lori Boone Educational Foundation Charitable Trust's EIN (Employer Identification Number) is 45-3981751. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching The Labarron and Lori Boone Educational Foundation Charitable Trust by hand.
Explore Open Grants
Browse active grant opportunities in The Labarron and Lori Boone Educational Foundation Charitable Trust's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Y C Hohelen and Michael Chiang
Harrison, NY
The foundation supports palliative-care education and training, care beyond hospitals, and services for seriously ill patients and their families, with particular interest in children; it primarily funds organizations in the New York City metropolitan area. In 2025, grants ranged from $3,500 to $450,000, with a median of $40,000. Grants are by invitation only, and it does not accept unsolicited requests.
Assets
$86.8M
Grants
54
Total Given
$3.4M
LPL Financial Foundation Inc
Boston, MA
Assets
$7.8M
Grants
55
Total Given
$2.3M
DL Saunders Lawrence Saunders
Radnor, PA
The fund supports environmental projects, education for children and adults in need, and social services for people in need. Its 2025 grants were typically $5,000 (ranging from $2,500 to $5,000) and went to Pennsylvania organizations. The filing lists a foundation-supplied application but does not state whether unsolicited requests are accepted.
Assets
$1.7M
Grants
23
Total Given
$104K
The Drum Foundation
San Francisco, CA
The Drum Foundation funds schools, scholarships and tuition assistance, and religious organizations, with most 2025 grant dollars going to California and additional support in Illinois, New Jersey, and Michigan. Its 2025 grants ranged from $1,000 to $35,000, with a median of $5,000. It gives only to preselected charitable organizations and does not accept unsolicited requests.
Assets
$3.6M
Grants
25
Total Given
$179K
The Howley Foundation
Cleveland, OH
The Howley Foundation funds educational opportunities for students with economic need, including scholarships, academic and workforce programs, and occasional capital support, with a strong focus on Cleveland and Philadelphia and limited giving elsewhere for high-impact work. In 2024, grants ranged from $7,500 to $2,938,908, with a median of $181,250. It funds preselected charitable organizations and does not accept unsolicited requests.
Assets
$131.9M
Grants
60
Total Given
$28.5M
Washington County Riverboat
Washington, IA
Washington County Riverboat funds community development, economic development, education and arts, and human and social needs, including projects by local organizations and municipalities. Its 2025 grants ranged from $5,300 to $661,794, with a median of about $40,600, and it serves Washington County, Iowa; it has an online application process for its competitive fund.
Assets
$4.4M
Grants
41
Total Given
$4.4M
Atlantic Federal Credit Union Foundation
South Portland, ME
Assets
$2.7M
Grants
95
Total Given
$267K
Folds of Honor Foundation
Owasso, OK
Folds of Honor funds education scholarships for spouses and children of U.S. military service members and first responders killed or disabled in service, with awards available for K–12 and higher education in the United States and its territories. Awards are up to $5,000 per academic year, based on unmet need, and are paid directly to the school. It accepts scholarship applications through an online portal during its annual application window; it does not make grants to outside applicants.
Assets
$122.3M
Grants
1,551
Total Given
$37.6M
The Ervin Charitable Trust
Radnor, PA
Assets
$1.5M
Grants
5
Total Given
$100K
The Pew Charitable Trusts
Washington, DC
The Pew Charitable Trusts funds evidence-based work in public policy, research, health, communities, civic life, and conservation, with a particular commitment to Philadelphia and grants across the United States and internationally. Its 2025 median grant was $75,000, though awards ranged widely; applications are invited through specific opportunities, but the profile does not state whether it accepts unsolicited requests generally.
Assets
$1.5B
Grants
535
Total Given
$140.6M
Tulsa Community Foundation
Tulsa, OK
Tulsa Community Foundation supports a broad range of charitable needs, including arts and humanities, healthcare, education, scholarships, emergency assistance, and endowments. Its 2024 grants had a median of $18,560 and primarily benefited the Tulsa area and eastern Oklahoma, with grants also reaching elsewhere in the U.S.; it administers application cycles for selected funds.
Assets
$1.1B
Grants
1,066
Total Given
$158.6M
Alabama Power Foundation Inc
Birmingham, AL
The Alabama Power Foundation funds education, community development, arts and culture, health and human services, and environmental projects in Alabama communities within Alabama Power’s service territory. Its 2024 grants ranged from $100 to $500,000, with a median of $2,500; it offers online grant application cycles, but whether it accepts unsolicited requests is not stated.
Assets
$117.9M
Grants
1,240
Total Given
$16.2M
More Funders in Alabama
The Labarron and Lori Boone Educational Foundation Charitable Trust down — hundreds of funders to go?