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THE BOUSTEAD FAMILY FOUNDATION INC

Adirondack, NY Tax ID: 52-2097838

The Boustead Family Foundation Inc, based in Adirondack, NY, supports education, health, public safety, and religious initiatives across several U.S. states, with assets of $3.6 million and leadership by Douglas and Michael Boustead.

About THE BOUSTEAD FAMILY FOUNDATION INC

Comprehensive foundation profile based on the most recent IRS Form 990 filing

The Boustead Family Foundation Inc is a philanthropic organization based in Adirondack, New York, with assets totaling $3,591,521. The foundation focuses on funding initiatives in various subject areas including education, higher education, health, diseases and conditions, public safety and disaster management, fire prevention and control, and religion, particularly Christianity and Protestantism. In the fiscal year, the foundation reported expenses of $263,205 and revenue of $292,679. It supports projects in multiple cities across the United States, including Greenwich, Lancaster, Meadville, Mechanicsburg, Queensbury, Rochester, San Juan Capistrano, Schroon Lake, South Bend, The Plains, Westport, York, and Yorktown Heights, spanning states such as California, Connecticut, Indiana, New York, Pennsylvania, and Virginia. The foundation is led by Douglas Boustead as President and Michael Boustead as Secretary/Treasurer, both of whom serve without compensation.

Focus Areas

EducationHigher educationHealthDiseases and conditionsPublic safety and disaster managementFire prevention and controlReligionChristianityProtestantism- Less

Geographic Focus

CACTINNYPAVA

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Key Statistics
Total Assets $3.6M
Total Awarded This Year $200K
Average Grant Size $42
Total Grants (Previous Year) 3,997
Open to New Applicants
% New Applicants Funded
Contact Information
Adirondack, NY
Geographic Funding Distribution

Financials

Total Assets
$3.6M

+2.6% from previous year

Annual Grants
$200K

19 grants awarded in 2024

Expense Ratio
89.9%

Of total revenue spent on programs

Annual Grant Distribution
Revenue vs Expenses
Assets Over Time

Grants

Grant Awards
PurposeLocation
$75,000YORK SYMPHONYUNRESTRICTED SUPPORTYork, PA, US2023
$50,000YORK SYMPHONYUNRESTRICTED SUPPORTYork, PA, US2022
$37,500ST MATTHEWS LUTHERAN EVANGELICAL CHURCHUNRESTRICTED SUPPORTYork, PA, US2024
$22,500SPIRITRUST LUTHERAN FOUNDATIONUNRESTRICTED SUPPORTYork, PA, US2022
$20,000ALLEGHENY COLLEGE - ANNUAL FUNDUNRESTRICTED SUPPORTMeadville, PA, US2022
$20,000NORTH COUNTRY SPCAUNRESTRICTED SUPPORTWestport, NY, US2022
$20,000SCHROON LAKE EMSUNRESTRICTED SUPPORTSchroon lake, NY, US2022
$20,000ALLEGHENY COLLEGE - ANNUAL FUNDUNRESTRICTED SUPPORTMeadville, PA, US2023
$20,000NORTH COUNTRY SPCAUNRESTRICTED SUPPORTWestport, NY, US2023
$20,000SCHROON LAKE EMSUNRESTRICTED SUPPORTSchroon lake, NY, US2023

People

Leadership & Staff

Compensation data from most recent available 990 forms

DB

DOUGLAS BOUSTEAD

PRESIDENT

$0 2024
MB

MICHAEL BOUSTEAD

SECRETARY/TREASURER

$0 2024
Showing 2 of 2 leadership and staff members

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Financial data sourced from IRS 990 forms via ProPublica Nonprofit Explorer

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Last updated on August 25, 2025

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