Overview

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Est.

2016

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Boon Philanthropy Inc, an organization focused on philanthropy and foundations, operates with a mission to provide innovative funding and stewardship solutions that empower educators to enhance reading skills among all learners, particularly low-income and minority students. With an operating budget of $320K and total revenue of $140.9K for the 2024 filing year, the organization raises funds nationwide to support free tutorial interventions utilizing structured language instruction methods. The organization does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base for its initiatives. For more information, visit boonphilanthropy.org.

Mission Statement

THE NATION-WIDE MISSION OF BOON IS TO PROVIDE INNOVATIVE FUNDING AND STEWARDSHIP SOLUTIONS THAT ENABLE DEDICATED EDUCATORS TO HAVE KNOWLEDGE AND SKILLS THEY NEED TO HELP ALL LEARNERS BECOME STRONG READERS. TO RAISE FUNDS NATION-WIDE TO PROVIDE LOW INCOME AND MINORITY STUDENTS WITH FREE TUTORIAL INTERVENTION USING STRUCTURED LANGUAGE INSTRUCTION METHODS.
Revenues
$140.9K
Expenses
$320K
Net Income:
-$179.1K
Assets
$806.7K
Liabilities
$0
Net Assets:
+$806.7K
Operating Budget
$320K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
3
Median grant size
$10K
Largest grant received
$51.1K
S
Steve Carnevale
Board Member
C
Cathy Sanford
Board Member
H
Henry Sinclair Sherrill
Board Member

Frequently Asked Questions

What is BOON PHILANTHROPY INC’s budget?
In 2024, BOON PHILANTHROPY INC reported an annual operating budget of around $320 thousand. More detailed financial information is available to registered users.
What causes does BOON PHILANTHROPY INC support?
BOON PHILANTHROPY INC supports work in Philanthropy and Foundations.
Where does BOON PHILANTHROPY INC operate?
BOON PHILANTHROPY INC is headquartered in Cumberland, RI.
Who funded BOON PHILANTHROPY INC recently?
In 2024, BOON PHILANTHROPY INC received grants from FIDELITY INVESTMENTS CHARITABLE GIFT FUND, MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC, and The Morris & Bessie Altman Foundation C/O Peter Stern. More information on this organization’s funders is available to registered users.
What is the largest grant BOON PHILANTHROPY INC received in 2024?
The largest grant to BOON PHILANTHROPY INC in 2024 exceeds $51 thousand.