Boone Family Foundation
- Assets
- $12.9m
- Revenue
- $1.7m
- Investments
- $12.1m
- Employees
- 0
- Location
- Addison, TX
- Founding
- 07/2008
- Data as of
- 12/2023
- EIN
- 26-1407294
Organization Overview
Boone Family Foundation is located in Addison, TX. The organization was established in 2008. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Boone Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Boone Family Foundation generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.5%) each year. All expenses for the organization totaled $6.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Boone Family Foundation has awarded 286 individual grants totaling $45,611,446. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Garrett Boone Dir./chairman | 4 | $0 | |
Cecilia Boone Director | 2 | $0 | |
Daniel Guthrie Boone Director | 1 | $0 | |
Jane Alexandra Boone Dir/treas/sec | 1 | $0 | |
Katherine N Boone Dir./vice Chair | 1 | $0 | |
Aimee Boone Cunningham President & CEO | 40 | $261,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11,157 |
| Dividends & Interest | $457,998 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,232,114 |
| Capital Gain Net Income | $1,232,114 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$13,824 |
| Total Revenue | $1,687,445 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $261,000 |
| Other employee salaries and wages | $14,500 |
| Pension plans, employee benefits | $80,511 |
| Interest | $0 |
| Taxes | $60,608 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,039 |
| Printing and publications | $0 |
| Other expenses | $23,683 |
| Total operating and administrative expenses | $525,199 |
| Contributions, gifts, grants paid | $6,151,666 |
| Total expenses and disbursements | $6,676,865 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $593,337 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,425,722 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $258,327 |
| Total assets | $12,928,194 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Boone Family Foundation has awarded $12,851,334 in support to 68 organizations.
| Grant Recipient | Amount |
|---|---|
ABIDE WOMEN'S HEALTH SERVICES PURPOSE: OPERATING SUPPORT FOR BIRTH JUSTICE CENTER AND MIDWIFERY SERVICES IN SOUTH DALLAS | $166,666 |
ACLU FOUNDATION INC PURPOSE: OPERATING SUPPORT TO DEFEND AND PRESERVE INDIVIDUAL LIBERTIES IN THE UNITED STATES | $250,000 |
AMARILLO AREA FOUNDATION PURPOSE: FUNDING FOR THE GLADYS AND CHESTER CUNNINGHAM SCHOLARSHIP FUND GIVEN TO STUDENTS GRADUATING FROM FRITCH HIGH SCHOOL | $50,000 |
BIG THOUGHT PURPOSE: OPERATING SUPPORT FOR PROGRAMS TO UNLOCK THE CREATIVITY AND POTENTIAL OF EVERY CHILD IN DFW | $200,000 |
ANN RICHARDS SCHOOL FOUNDATION PURPOSE: OPERATING SUPPORT FOR THE SCHOOL FOR YOUNG WOMEN LEADERS FOUNDATION'S ENHANCEMENT PROGRAMS FOR STUDENTS | $25,000 |
CENTER FOR REPRODUCTIVE RIGHTS INC PURPOSE: OPERATING SUPPORT FOR PROTECTION AND ACCESS TO REPRODUCTIVE RIGHTS IN THE UNITED STATES THROUGH LITIGATION | $250,000 |