The Mary Boswell Foundation Inc

Private foundation · Grantmaker Chattanooga, TN EIN: 83-0768203

The Mary Boswell Foundation Inc is a private foundation, based in Chattanooga, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 3 grants totaling $90K. Net investment income was $153K.

Key facts about The Mary Boswell Foundation Inc

In short: The Mary Boswell Foundation Inc gave $90K across 3 grants in 2025 (avg $30K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.

EIN
83-0768203
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$90,008
Grants made (2025)
3
Average grant
$30,003
Median grant
$11,492
Total assets
$1,466,023
Primary geography
Pennsylvania (87% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.5M

+3.4% YoY

Annual Giving

$90K

+4.5% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$30K

+4.5% YoY

Under IRS private-foundation payout rules, The Mary Boswell Foundation Inc reported a distributable amount of $81K for 2025 — the minimum it must pay out in qualifying distributions.

How The Mary Boswell Foundation Inc gives

  • Giving held roughly steady from 2022 to 2025 (+17%). Method
  • In 2025 it paid out 115% of its IRS minimum distribution (the 5% rule). Method

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

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

ClevelandNarbethIndianapolisOaks

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K3 grants2020 3 grants2021 3 grants2022 3 grants2023 3 grants2024 3 grants2025

From 2020 to 2025, annual grant giving ranged from $73K (2023) to $181K (2021). In 2025 it made 3 grants totaling $90K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Donor Advised Fund SEI Private 924072: $67KDonor Advised Fund SEI Private924072$67KGuillain-Barre Syndrome Foundation International: $11KGuillain-Barre SyndromeFoundation International$11KPromised Land Foundation: $11KPromised Land Foundation$11K

The largest 2025 recipient was Donor Advised Fund SEI Private 924072 ($67K). Together the top 3 received $90K.

Grant Size Distribution

15 grants across all recorded years

10<$50K4$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 10 grants of 15 (67%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Donor Advised Fund SEI Private 924072 Oaks, PACharitable Distribution to Donor Advised Fund$67,024
Guillain-Barre Syndrome Foundation International Narbeth, PAContribution Distribution$11,492
Promised Land Foundation Cleveland, TNContribution Distribution$11,492

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$1,466,023$1,417,903$1,408,180
Revenue$178,447$136,370$75,329
Expenses$129,048$126,647$106,115
Qualifying Distributions$93,308$86,102$75,462
Net Investment Income$152,657$110,942$49,066
Distributable Amount$81,383$75,106$71,765

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS August 11, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The Mary Boswell Foundation Inc is led by Brett Billings, Director - President on every filing since 2020; all 4 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Brett Billings

    Director - President

    On filings since 2020

    4 hrs/week

    $200 (2020) → $500 (2025)

  • Brad Kasper

    Director

    On filings since 2020

    4 hrs/week

    $200 (2020) → $2K (2025)

  • Karol Whitaker

    Director

    On filings since 2020

    4 hrs/week

    $200 (2020) → $500 (2025)

  • Scott Grant

    Director

    On filings since 2020

    4 hrs/week

    $200 (2020) → $500 (2025)

Former officers (1)
  • Former: Beverly Finnell (2020–2024) — Director

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.

Compensation Overview

From 2025 IRS filing

Brad Kasper — Director: $2KBrad KasperDirector$2KScott Grant — Director: $500Scott GrantDirector$500Brett Billings — Director - President: $500Brett BillingsDirector - President$500Karol Whitaker — Director: $500Karol WhitakerDirector$500

The highest reported compensation on the 2025 filing was $2K, to Brad Kasper (Director). 4 officers or directors reported compensation on that filing.

Frequently asked questions about The Mary Boswell Foundation Inc

How much does The Mary Boswell Foundation Inc give each year?

The Mary Boswell Foundation Inc gave $90K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $86K across 3 grants.

What is The Mary Boswell Foundation Inc's typical grant size?

The Mary Boswell Foundation Inc's median grant in 2025 was $11,492, and its average grant was $30,003, across 3 grants on its 2025 IRS Form 990-PF.

Where does The Mary Boswell Foundation Inc give grants?

The Mary Boswell Foundation Inc gives mostly in Pennsylvania: 87% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (13%).

Does The Mary Boswell Foundation Inc give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on The Mary Boswell Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.

How large is The Mary Boswell Foundation Inc?

The Mary Boswell Foundation Inc reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $93K in qualifying distributions that year, against a required minimum of $81K (roughly 5% of its investment assets).

What is The Mary Boswell Foundation Inc's EIN?

The Mary Boswell Foundation Inc's EIN (Employer Identification Number) is 83-0768203. 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.

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