The Boone Family Foundation is a private 501(c)(3) foundation based in Addison, Texas. Established in 2008, it operates as a grantmaking foundation focused on seeding new organizations and initiatives that address identified community needs.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.8M
-39.6% YoY
Annual Giving
$5.3M
-13.4% YoY
Grant Count
38
-22.4% YoY
Avg Grant Size
$140K
+11.6% YoY
Mission & Focus Areas
The foundation's stated mission is to seed new organizations and initiatives that fill gaps of need in its three focus areas. The foundation positions itself as willing to be the first funder in new ventures, viewing such investments as support for emerging leadership.
Grantmaking
The foundation accepts only preselected organizations and does not accept unsolicited applications.
Grant Range
$50,000
Average Grant
$114,000
How to Apply
**
Ready to take the next step with Boone Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily supports organizations in Texas, New York, and California, which account for 74% of all grants. Grantmaking reaches organizations across 11 states, with concentrated activity in Texas.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $12.9 million
- Total Revenue: $1.69 million
- Total Expenses: $6.68 million
- Total Liabilities: $0
Historical Asset Trend: Assets have decreased from $41.4 million in 2011 to $12.9 million in 2023.
Annual Distribution: The foundation has distributed between $5.7 million and $15.5 million annually from 2021 to 2023, with the highest grantmaking activity in 2022 at $15.5 million across 124 grants.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,810,547 | $12,928,194 | $18,064,193 |
| Revenue | $682,719 | $1,687,445 | $1,528,124 |
| Expenses | $5,800,366 | $6,676,865 | $8,636,979 |
| Qualifying Distributions | $5,731,001 | $6,523,710 | $8,668,790 |
| Net Investment Income | $615,048 | $1,596,858 | $1,333,793 |
| Distributable Amount | $594,846 | $847,310 | $1,222,151 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
237 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Garrett Boone – Director and Chairman
- Aimee Boone Cunningham – President and CEO (annual compensation: $261,000)
- Cecilia Boone – Director
- Daniel Guthrie Boone – Director
- Jane Alexandra Boone – Director, Treasurer, and Secretary
- Katherine N. Boone – Director and Vice Chair
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Garrett Boone | Dir./Chairman | 4 | — |
| Cecilia Boone | Director | 2 | — |
| Daniel Guthrie Boone | Director | 1 | — |
| Jane Alexandra Boone | Dir/Treas/Sec | 1 | — |
| Katherine N Boone | Dir./Vice Chair | 1 | — |
| Aimee Boone Cunningham | President & CEO | 40 | $261,000 |
Recent Activity
Recent developments and announcements
The foundation has supported 110 unique organizations through its grantmaking. Recent grant activity demonstrates focus on reproductive rights and early childhood literacy initiatives in the Dallas-Fort Worth region and beyond.
Community Foundation of Boone County Announces 2025 Programming Grant RecipientsSubject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
William Z Hayes Foundation
DALLAS, TX
Assets
$629K
Grants
4
Total Given
$28K
Tr Uw Jane James Cook Item 19
DALLAS, TX
Assets
$861K
Grants
11
Total Given
$41K
Forsyth Fbo Leonard Wood Memorial
DALLAS, TX
Assets
$320K
Grants
1
Total Given
$18K
Teas Foundation
AMARILLO, TX
Assets
$3.0M
Grants
3
Total Given
$138K
Harold D Miller Endowment Fund
DALLAS, TX
Assets
$890K
Grants
1
Total Given
$44K
Amarillo Business Foundation
AMARILLO, TX
Assets
$4.2M
Grants
13
Total Given
$222K
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Boone Family Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities