Kenneth E Boring Charitable Foundation Inc is located in Chattanooga, TN. The organization was established in 2003. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Kenneth E Boring Charitable Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Kenneth E Boring Charitable Foundation Inc has awarded 221 individual grants totaling $1,913,398. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dorothy B Shaw President/treasurer | 0 | $0 | |
Robert S Riley Trustee | 0 | $0 | |
Leah Boring Hill Trustee | 0 | $0 | |
Laura Boring Hopkins Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $85,000 |
Interest on Savings | $244 |
Dividends & Interest | $177,364 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$394,560 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | -$131,952 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $195 |
Total operating and administrative expenses | $2,443 |
Contributions, gifts, grants paid | $245,225 |
Total expenses and disbursements | $247,668 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $50,728 |
Savings and temporary cash investments | $59,050 |
Net Accounts receivable | $5,897 |
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 | $2,400 |
Total assets | $3,222,563 |
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 | $1,101,048 |
Total liabilities | $1,101,048 |
Over the last fiscal year, Kenneth E Boring Charitable Foundation Inc has awarded $245,225 in support to 26 organizations.
Grant Recipient | Amount |
---|---|
AMERICAN HEART ASSOCIATION PURPOSE: GREATEST NEED | $6,000 |
ATLANTA SPEECH SCHOOL PURPOSE: GREATEST NEED | $3,000 |
BIG BROTHERS BIG SISTERS OF NW GA PURPOSE: GREATEST NEED | $200 |
BOYS & GIRLS CLUB OF GMW PURPOSE: GREATEST NEED | $1,250 |
CHATTANOOGA BALLET PURPOSE: NUTCRACKER SPONSORSHIP | $2,500 |
CREATIVE DISCOVERY MUSEUM PURPOSE: MUSEUM COLLEGE DAZE | $20,000 |