The Boyd Foundation Charitable Trust is located in Houston, TX. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Boyd Foundation Charitable Trust 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, Boyd Foundation Charitable Trust generated $215.3k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $78.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Boyd Foundation Charitable Trust has awarded 83 individual grants totaling $223,500. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ATTACHMENT #2
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
J Michael Boyd Trustee | 0.25 | $0 | |
Donna C Boyd Trustee | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $136,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $59,361 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,558 |
| Capital Gain Net Income | $5,558 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,395 |
| Total Revenue | $215,314 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,037 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $436 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,737 |
| Contributions, gifts, grants paid | $63,500 |
| Total expenses and disbursements | $78,237 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $450,482 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,466,418 |
| 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 |
Over the last fiscal year, The Boyd Foundation Charitable Trust has awarded $63,500 in support to 25 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: SCHOLARSHIPS AND OTHER CONTRIBUTIONS | $1,500 |
AMERICAN RED CROSS PURPOSE: SCHOLARSHIPS AND OTHER CONTRIBUTIONS | $1,500 |
CAMO RESCUE PURPOSE: SCHOLARSHIPS AND OTHER CONTRIBUTIONS | $1,000 |
CHILDREN AT RISK PURPOSE: SCHOLARSHIPS AND OTHER CONTRIBUTIONS | $2,000 |
HOUSTON HABITAT FOR HUMANITY INC PURPOSE: SCHOLARSHIPS AND OTHER CONTRIBUTIONS | $1,500 |
HOUSTON FOOD BANK PURPOSE: SCHOLARSHIPS AND OTHER CONTRIBUTIONS | $10,000 |