Booz Allen Foundation

Organization Overview

Booz Allen Foundation is located in Washington, DC. The organization was established in 2017. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Booz Allen 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, Booz Allen Foundation generated $3.0m in total revenue. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 28.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2019, Booz Allen Foundation has awarded 77 individual grants totaling $4,524,655. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SEE ATTACHED SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

BY CONVENING AND SUPPORTING LEADERS AND ENTREPRENEURS FROM THE PUBLIC, PRIVATE, ACADEMIC, AND SOCIAL SECTORS, THE BOOZ ALLEN FOUNDATION IS ABLE TO JUMPSTART INNOVATIVE SOLUTIONS AND BUILD PATHWAYS THAT HELP TRADITIONALLY UNDERSERVED COMMUNITIES ACHIEVE A BRIGHTER FUTURE. IN 2020, WE LAUNCHED A $1M INNOVATION FUND, WITH THE GOAL OF HELPING ENTREPRENEURIAL ORGANIZATIONS TACKLE THE MYRIAD CHALLENGES INTRODUCED BY THE COVID-19 PANDEMIC. WE ALSO CONTINUED OUR SUPPORT OF INCLUSIVE STEM EDUCATION BY HOSTING AN EDUCATORS OPEN HOUSE AND JOINED BOOZ ALLEN HAMILTON IN INVESTING IN FEEDING AMERICA'S EFFORTS TO COMBAT FOOD INSECURITY DURING THE PANDEMIC. THESE INITIATIVES EPITOMIZE MANY OF THE IDEAS THAT UNDERLIE OUR WORK: THE IDEA THAT INNOVATIVE TECHNOLOGIES CAN HELP TRADITIONALLY UNDERSERVED COMMUNITIES ACHIEVE A BRIGHTER FUTURE; THE ABILITY OF THE FOUNDATION TO CONVENE A DIVERSE ARRAY OF STAKEHOLDERS FROM THE PRIVATE AND PUBLIC SECTORS AND PROVIDE A PLATFORM FOR THESE GROUPS TO TURN IDEAS INTO ACTION; THE OPPORTUNITY WE HAVE TO JUMPSTART THE NEXT WAVE OF GREAT IDEAS AND TURN THEM INTO ACTIONABLE SOLUTIONS THAT MAKE A DIFFERENCE IN THE WORLD.


YOUTH AND EDUCATION: ESTABLISHING MORE INCLUSIVE PATHWAYS TO STEM (SCIENCE, TECHNOLOGY, ENGINEERING, AND MATHEMATICS) CAREERS CONTINUES TO BE AN AREA OF FOCUS FOR THE FOUNDATION. STEM EDUCATION IMPROVES LEARNING OUTCOMES IN ALL AREAS OF STUDY, BUT TOO MANY EDUCATORS LACK THE REQUISITE MATERIALS AND RESOURCES TO DESIGN CURRICULA THAT ADEQUATELY PREPARE A DIVERSITY OF STUDENTS FOR THE RIGORS OF STEM CAREER PATHS. ON FEBRUARY 29, 2020, THE FOUNDATION HOSTED AN EDUCATORS STEM OPEN HOUSE AT MARYMOUNT UNIVERSITY'S CAMPUS IN ARLINGTON, VIRGINIA. THE EVENT CONVENED MORE THAN 100 REPRESENTATIVES FROM LOCAL PUBLIC SCHOOLS, COMMUNITY COLLEGES, UNIVERSITIES, NONPROFITS, AND PRIVATE COMPANIES. THROUGH A SERIES OF DYNAMIC, INTERACTIVE DISCUSSIONS AND BREAKOUT SESSIONS, ATTENDEES LEARNED ABOUT THE STEM SKILLS COMPANIES LOOK FOR IN NEW HIRES AND SHARED THEIR PERSPECTIVES ON THE CHALLENGES CURRENTLY HINDERING INCLUSIVE STEM CAREER PATHWAYS. THE EVENT ALSO CONNECTED EDUCATORS WITH RESOURCES THAT TEACHERS CAN USE IN THE CLASSROOM AND HIGHLIGHTED SEVERAL PROGRAMS THAT STUDENTS INTERESTED IN STEM CAN GET INVOLVED WITH.


DISASTER RELIEF: THE COVID-19 PANDEMIC CREATED A NUMBER OF CHALLENGES FOR FRONTLINE WORKERS, IMPOVERISHED COMMUNITIES, AND OTHER VULNERABLE POPULATIONS. IN RESPONSE, THE FOUNDATION ESTABLISHED A $1 MILLION INNOVATION FUND ON APRIL 30, 2020 AND INVITED NONPROFITS, ENTREPRENEURS, AND STARTUPS TO SUBMIT APPLICATIONS OUTLINING ACTIONABLE IDEAS AND PROJECTS TO HELP THESE POPULATIONS BUILD LASTING RESILIENCE. AFTER RECEIVING NEARLY 3,000 APPLICATIONS FROM ALL 50 STATES, FOUR U.S. TERRITORIES, AND WASHINGTON, DC, WE SELECTED 21 TEAMS TO RECEIVE GRANT FUNDING RANGING FROM $10,000 TO $100,000. THE PROJECTS SELECTED INCLUDED PROPOSALS TO CREATE MOBILE HEALTH UNITS TO SERVE AT-RISK COMMUNITIES; VIRTUAL REALITY SIMULATIONS TO TRAIN CERTIFIED NURSING ASSISTANTS FOR ELDERLY POPULATIONS; INNOVATIVE METHODS TO INCREASE THE PRODUCTION AND SANITIZATION OF PERSONAL PROTECTIVE EQUIPMENT; AND STRATEGIES FOR FILLING GAPS IN THE SOCIAL SAFETY NET FOR MORE THAN 25,000 VULNERABLE INDIVIDUALS. IN ADDITION TO THE INNOVATION FUND, TO ADDRESS FOOD INSECURITY FOR FAMILIES IN NEED ACROSS THE U.S., THE FOUNDATION MATCHED BOOZ ALLEN HAMILTON'S $1 MILLION GIFT TO FEEDING AMERICA IN DECEMBER 2020. THE GIFT CAME AT A TIME OF SIGNIFICANT NEED WHEN MUCH OF FEEDING AMERICA'S INITIAL PANDEMIC RESPONSE FUNDS HAD BEEN EXHAUSTED, AND MANY OF THE ORGANIZATION'S DONORS HAD TURNED THEIR ATTENTION TO OTHER AREAS OF NEED. THE FOUNDATION WORKED WITH FEEDING AMERICA TO ALLOCATE THE FUNDING TO FEED CHILDREN OUTSIDE OF REGULAR SCHOOL SETTINGS, INCLUDING SCHOOL PANTRIES, MOBILE DISTRIBUTIONS, SNACK SITES, AND WEEKEND FOOD-SOURCE SITES.


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Board, Officers & Key Employees

Name (title)Compensation
John Murdock
Director/president
$0
Nancy Laben
Director/treasurer
$0
Lidia Soto-Harmon
Director/secretary
$0
Irma Beccera
Director
$0
Tony Mitchell
Director
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $3,023,372
Interest on Savings $1,107
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $250
Total Revenue $3,024,729

Grants Awarded

Over the last fiscal year, Booz Allen Foundation has awarded $950,000 in support to 26 organizations.

Grant RecipientAmount

YEAR UP

PURPOSE: INNOVATION FUND GRANTEE AWARD

$100,000

THE AI EDUCATION PROJECT

PURPOSE: INNOVATION FUND GRANTEE AWARD

$80,000

CSFORALL

PURPOSE: INNOVATION FUND GRANTEE AWARD

$125,000

ELEMENTARY INSTITUTE OF SCIENCE

PURPOSE: INNOVATION FUND GRANTEE AWARD

$75,000

LINCOLN HORNETS ALUMNI ASSOCIATION

PURPOSE: INNOVATION FUND GRANTEE AWARD

$20,000

GIRL SCOUTS SAN DIEGO

PURPOSE: INNOVATION FUND GRANTEE AWARD

$50,000
View Grant Profile

Peer Organizations

Organization NameAssets
Center For Global Development
Washington, DC
$21,731,642
Frontstream Global Fund
Alexandria, VA
$19,414,740
Cornerstones Inc
Reston, VA
$18,767,250
Washington County Community Action Council Inc
Hagerstown, MD
$16,275,532
Highland School Inc
Warrenton, VA
$14,722,076
International Association Of Better Business Bureaus Inc
Arlington, VA
$15,492,155
Planning Council
Norfolk, VA
$13,298,309
Marine Corps Heritage Foundation
Triangle, VA
$9,665,814
United Service Organizations
Arlington, VA
$7,538,820
The Parent Project For Muscular Dystrophy Research Inc
Washington, DC
$13,881,085
Union Mission
Norfolk, VA
$10,909,562
Bon Secours Community Works Inc
Baltimore, MD
$7,439,223
Olivet Medical Ministry Inc
Yorktown, VA
$10,413,796
Devworks International Inc
Bethesda, MD
$10,395,353
Hartwood Foundation Inc
Fairfax, VA
$10,341,390
Families U S A Foundation Inc
Washington, DC
$6,306,563
Southern Maryland Tri-County Community Action Committee Inc
Hughesville, MD
$9,427,023
Community Assistance Network Inc
Baltimore, MD
$8,044,407
Family & Childrens Services Of Central Maryland Inc
Baltimore, MD
$10,585,510
United Community Ministries Inc
Alexandria, VA
$7,473,206
Council Of Community Services
Roanoke, VA
$8,933,925
Action In Community Through Service Of Prince William
Dumfries, VA
$7,664,639
National Fenestration Rating
Greenbelt, MD
$6,909,369
Harford Community Action Agency Inc
Edgewood, MD
$6,920,757
Community Family Life Services Inc
Washington, DC
$6,601,442

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