The Mary Boswell Foundation Inc

CHATTANOOGA, TN EIN: 83-0768203

The Mary Boswell Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 3 grants totaling $86K. Net investment income was $111K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.4M

+0.7% YoY

Annual Giving

$86K

+17.4% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$29K

+17.4% YoY

Under IRS private-foundation payout rules, The Mary Boswell Foundation Inc reported a distributable amount of $75K for 2024 — the minimum it must pay out in qualifying distributions.

About The Mary Boswell Foundation Inc

Based on IRS filings

The Mary Boswell Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.4M in total assets. In 2024, it awarded 3 grants totaling $86K. Net investment income was $111K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

ClevelandIndianapolisNarbethOaks

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$52K$104K$156K$208K20202021202220232024
Metric202420232022
Total Assets$1,417,903$1,408,180$1,437,686
Revenue$136,370$75,329$52,252
Expenses$126,647$106,115$108,575
Qualifying Distributions$86,102$75,462$77,913
Net Investment Income$110,942$49,066$26,279
Distributable Amount$75,106$71,765$83,396

Giving Over Time

Total grant dollars and number of grants per year

$0$45K$91K$136K$181K3 grants20203 grants20213 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

DONOR ADVISED FUND SEI P…$64KGUILLAIN-BARRE SYNDROME …$11KPROMISED LAND FOUNDATION$11K

Grant Size Distribution

15 grants across all recorded years

10<$50K4$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 Donor Advised Fund Sei Private 924072 ($64,108), Guillain-barre Syndrome Foundation International ($10,997), Promised Land Foundation ($10,997).

RecipientPurposeAmount
DONOR ADVISED FUND SEI PRIVATE 924072 OAKS, PACHARITABLE DISTRIBUTION TO DONOR ADVISED FUND$64,108
GUILLAIN-BARRE SYNDROME FOUNDATION INTERNATIONAL NARBETH, PACONTRIBUTION DISTRIBUTION$10,997
PROMISED LAND FOUNDATION CLEVELAND, TNCONTRIBUTION DISTRIBUTION$10,997

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SCOTT GRANTDIRECTOR4
BRETT BILLINGSDIRECTOR - PRESIDENT4
KAROL WHITAKERDIRECTOR4
BRAD KASPERDIRECTOR4
BEVERLY FINNELLDIRECTOR4

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Mary Boswell Foundation Inc?

The Mary Boswell Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHATTANOOGA, TN. It holds $1.4M in total assets as of 2024.

How large is The Mary Boswell Foundation Inc?

As of 2024, The Mary Boswell Foundation Inc holds $1.4M in total assets with $136K in annual revenue. It awarded 3 grants totaling $86K in 2024.

Where does The Mary Boswell Foundation Inc operate?

The Mary Boswell Foundation Inc has awarded grants in Indiana, Pennsylvania, Tennessee.

What size grants does The Mary Boswell Foundation Inc award?

In 2024, The Mary Boswell Foundation Inc awarded 3 grants totaling $86K — an average of about $29K per grant, based on its IRS Form 990 filings.

How much is The Mary Boswell Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Mary Boswell Foundation Inc reported a distributable amount of $75K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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 2020–2024.

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

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