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· Public charity

Boule Foundation

The foundation provides scholarships to undergraduate students and grants, donations and leadership support to communities across the country.

$2.0M
Granted FY2025still arriving
38
Grants FY2025still arriving
16
States reached
$100k
Largest
01What it funds
0188% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2023 to 2024.

Education$936kArts & Culture$575kCivil Rights$400kYouth Development$110kRecreation & Sports$85kHealth$75kHuman Services$56kCommunity Improvement$35kOther$0
02FY2025 · 38 grants

Where the money goes

Grants by size, and the largest recipients.

How this is measured
The 38 grants below total $1,404,000, the rows itemized in this filing. The $1,984,000 headline is the total grant expense on the return; the other $580,000 is giving the schedule does not break out (grants under the $5,000 itemization floor, grants to individuals, grants on other schedules). Every figure below describes the itemized rows only.

By grant size · FY2025

  • $10k–50k25 grants · $529k
  • $50k–250k13 grants · $875k
$25,000
Median grant
16
States reached
$46M
Total assets
Largest grants
RecipientAmount
NAACP Legal Defense Fund$100,000
Individual grant recipient$100,000
Deep South Today$75,000
Morehouse School of Medicine Pathways Program$75,000
Black Land Loss Narrative Archive Project$75,000
STEAM CODERS$75,000
A1 Learning Connections$75,000
Harry E JohnsonThe Memorial Foundation$50,000
BlackPastOrg$50,000
Center for Innovations in Education (Base 11)$50,000
Detroit Institute of Arts$50,000
National College Players Association$50,000
Jazz at Lincoln Center$50,000
Individual grant recipient$40,000
Talladega College$40,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY24–25, $50k) land where the poverty rate runs at 17%, against an area that typically sits at 11%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 11%National Cares Mentoring Movement: $25k → 17%National Cares Mentoring Movement: $25k → 17%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

IL
WI
MI
NY
PA
CA
VA
MD
TN
NC
SC
DC
AL
GA
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

43%of every dollar goes to organizations it has funded before.
$1.7M · 19 repeat orgs$2.2M to everyone else

Grantees it renews have grown median revenue +20% since the first grant, against 0% for those funded once.

19 repeat relationships: 14 still active in FY2025, 5 since wound down; 24 grantees were first funded in FY2025 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

19
34

Total granted

$1.7M
$1.3M

Median revenue growth · since first grant

+20%
0%

Still filing today

63%
41%

New vs renewed · share of each year

In FY2025, 35% of grant dollars renewed an existing relationship; $909k went to new ones.

50%100%’23’24’25
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’23’24’25
EducationArts & CultureYouth DevelopmentCivil RightsRecreation & SportsPhilanthropyOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • NAACP LEGAL DEFENSE & EDUC FUND INC
    3× · 2023–2025 · $300k · revenue +132%
  • JA
    JAZZ AT LINCOLN CENTER INC
    3× · 2023–2025 · $250k · revenue +20%
  • CF
    Center for Innovations in Education
    2× · 2023–2024 · $150k · revenue +16% · 37% of their budget

Funded once

  • UNITED NEGRO COLLEGE FUND INC
    one grant, 2023 · $306k · revenue -56%
  • BC
    BVM CAPACITY BUILDING INSTITUTE INC
    one grant, 2024 · $100k · revenue 0%
  • TJ
    THOMAS JEFFERSON UNIVERSITY
    one grant, 2023 · $100k · revenue -5%
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Young Black Scholar Institute
Community Improvement
2
The African-American Educational and Cultural Festival Inc
Arts & Culture
3
Crowned Scholars

Mentorship of young Black men

Education
4
Gaines-Jones Scholars
Philanthropy
5
Hbcu 20X20 Foundation

HBCU 20x20 is the worlds largest network for HBCU and Black job seekers. We relentlessly pursue opportunities for others because when we all work together any and everything is possible. Born from the idea that students at HBCU…

Employment
6
International Urban Exchange Center Inc

The Black Experience (TBE) distributes free educational content to over 620 K-12 partner schools across the country! Our vision is to partner with every school in America by 2025. Our mission is to interview highly successful people of…

—
7
Black Music Entrepreneurship Incubator

Musical Education and Training

—
8
The Epsilon Lambda Boule Foundation Inc

Focus on the total development of black male, high school-aged scholars with financial wealth-building at the core of our program.

Education
9
The Black Literacy and Arts Collaborative Project
—
10
Durham Success Summit Inc

Career access to every young black man

Public Benefit
11
Henry M Jackson Foundation
—
12
Black History Usa Youth Scholars Fo

Promote education of our youth

Youth Development
How this is measured
The grantee most central to the portfolio’s shape is The Historymakers; the most unlike its peers is National Mentoring Foundation. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

41 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 41 of the 77 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

2
Load-bearing (≥25% of a budget)
10
Early backer (in before they grew)
41/41
Grantees still filing
15/41
Grew since first funded

Where the money sits, by cause and then by grantee

STEAM CODERS: $125,000 · OtherSTEAM CODERSIndividual grant recipient: $105,000 · OtherIndividual grant recipientIndividual grant recipient: $100,000 · OtherIndividual grant recipientThe Memorial Foundation (MLK Monument): $100,000 · OtherThe Memorial Foundation (MLK Monument)Jackson Minton Scholarship Program: $80,000 · OtherTalladega College: $80,000 · OtherMorehouse School of Medicine Pathways Program: $75,000 · OtherBlack Land Loss Narrative Archive Project: $75,000 · OtherIndividual grant recipient: $60,000 · Other+34 more: $791,500 · Other+34 moreUNITED NEGRO COLLEGE FUND INC: $306,000 · EducationUNITED NEGRO COLLEGE FUND IN…Center for Innovations in Education: $150,000 · EducationCenter for Innovations in Ed…THOMAS JEFFERSON UNIVERSITY: $100,000 · EducationTHOMAS JEFFERSON UNIVERSITYA 1 LEARNING CONNECTIONS: $75,000 · EducationA 1 LEARNING CONNECTIONSNATIONAL MENTORING FOUNDATION: $55,000 · EducationNATIONAL MENTORING FOUNDATIO…Durham Colored Library Inc: $55,000 · EducationDurham Colored Library IncRon Brown Scholar Fund: $50,000 · EducationINSTITUTE FOR RESPONSIBLE CITIZENSHIP: $50,000 · EducationTHE 431 EXCHANGE THE 431 EXCHANGE: $35,000 · Education+5 more: $100,000 · Education+5 moreJAZZ AT LINCOLN CENTER INC: $250,000 · Arts & CultureJAZZ AT LINCOLN CENT…INTERNATIONAL AFRICAN AMERICAN MUSEUM: $100,000 · Arts & CultureINTERNATIONAL AFRICA…THE HISTORYMAKERS: $80,000 · Arts & CultureTHE HISTORYMAKERSDEEP SOUTH TODAY: $75,000 · Arts & CultureDEEP SOUTH TODAYBLACKPASTORG: $50,000 · Arts & CultureBLACKPASTORGTHE DETROIT INSTITUTE OF ARTS: $50,000 · Arts & CultureTHE DETROIT INSTITUT…MUSEUM OF AFRICAN AMERICAN HISTORY: $40,000 · Arts & CultureMUSEUM OF AFRICAN AM…SAGINAW AFRICAN CULTURAL FESTIVAL INC: $25,000 · Arts & CultureCENTER FOR BLACK EXCELLENCE AND CULTURE INC: $25,000 · Arts & Culture+1 more: $10,000 · Arts & CultureNAACP LEGAL DEFENSE & EDUC FUND INC: $300,000 · Civil RightsNAACP LEGAL…BVM CAPACITY BUILDING INSTITUTE INC: $100,000 · Civil RightsBVM CAPACIT…CLIMB USA INC: $30,000 · Youth DevelopmentThe Power of Girls: $30,000 · Youth DevelopmentTHE BOROUGH OF BROOKLYN CENTER FOR ARTS AND TECHNOLOGY INC: $25,000 · Youth DevelopmentCAPITAL YOUTH EMPOWERMENT PROGRAM INC: $15,000 · Youth DevelopmentMothers Abandoned or Widowed: $6,000 · Youth DevelopmentNATIONAL PAN HELLENIC COUNCIL INC: $50,000 · Recreation & SportsNATIONAL COLLEGE PLAYERS ASSOCIATION: $50,000 · Recreation & SportsNational Cares Mentoring Movement Inc: $50,000 · Human Services
Other$1,591,500Education$976,000Arts & Culture$705,000Civil Rights$400,000Youth Development$106,000Recreation & Sports$100,000Human Services$50,000

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetUNITED NEGRO COLLEGE FUND INC: $306,000 over 1y, 0.1% of budgetNAACP LEGAL DEFENSE & EDUC FUND INC: $300,000 over 3y, 0.3% of budgetJAZZ AT LINCOLN CENTER INC: $250,000 over 3y, 0.3% of budgetCenter for Innovations in Education: $150,000 over 2y, 37% of budgetBVM CAPACITY BUILDING INSTITUTE INC: $100,000 over 1y, 0.4% of budgetTHOMAS JEFFERSON UNIVERSITY: $100,000 over 1y, 0.0% of budgetINTERNATIONAL AFRICAN AMERICAN MUSEUM: $100,000 over 1y, 0.9% of budgetTHE HISTORYMAKERS: $80,000 over 2y, 1.1% of budgetTalladega College: $80,000 over 2y, 0.2% of budgetNATIONAL MENTORING FOUNDATION: $55,000 over 3y, 61% of budgetDurham Colored Library Inc: $55,000 over 2y, 17% of budgetNATIONAL PAN HELLENIC COUNCIL INC: $50,000 over 1y, 20% of budgetRon Brown Scholar Fund: $50,000 over 1y, 1.2% of budgetNational Cares Mentoring Movement Inc: $50,000 over 2y, 0.5% of budgetDiamond Youth Foundation: $50,000 over 2y, 24% of budgetTHE DETROIT INSTITUTE OF ARTS: $50,000 over 1y, 0.1% of budgetINSTITUTE FOR RESPONSIBLE CITIZENSHIP: $50,000 over 2y, 1.0% of budgetCHILDREN'S HEALTHCARE OF ATLANTA INC: $50,000 over 3y, 0.0% of budgetMUSEUM OF AFRICAN AMERICAN HISTORY: $40,000 over 1y, 0.2% of budgetTHE 431 EXCHANGE THE 431 EXCHANGE: $35,000 over 2y, 16% of budgetHARLEM SCHOOL OF THE ARTS INC: $30,000 over 1y, 0.5% of budgetCLIMB USA INC: $30,000 over 1y, 9.9% of budgetSAGINAW AFRICAN CULTURAL FESTIVAL INC: $25,000 over 1y, 6.3% of budgetFUTURE KINGS INC: $25,000 over 1y, 7.5% of budgetKAPPA ALPHA PSI FOUNDATION INC: $25,000 over 1y, 1.2% of budgetBETA NU BOULE EDUCATION FOUNDATION: $25,000 over 1y, 6.4% of budgetGAMMA ZETA BOULE FOUNDATION: $25,000 over 1y, 14% of budgetThe Social Engineering Project: $15,000 over 1y, 5.6% of budgetThe Opportunity Foundation: $10,000 over 1y, 2.6% of budgetChambers McCain Foundation: $10,000 over 1y, 8.1% of budgetMothers Abandoned or Widowed: $6,000 over 1y, 3.4% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

The Rockefeller FoundationNY12.9× affinity4 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: The Rockefeller Foundation · The Ayco Charitable Foundation · The Ford Foundation · Rockefeller Philanthropy Advisors Inc · Jpmorgan Chase Foundation · Charities Aid Foundation America · The Pfizer Foundation Inc · The Blackbaud Giving Fund · Morgan Stanley Global Impact Funding Trust Inc · The Bank of America Charitable Foundation Inc · American Endowment Foundation · Network for Good

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Boule Foundation funds: left to right is the share of its income from government, bottom to top the share from Boule Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%3%10%23%40%funder's share of their income ↑0%19%38%56%75%share of the org’s income from government →
    no gov moneyreceives it· size = income
    0get no government money at all
    6report government grants on their 990 we could not trace to a source (not plotted)
    0rely on government for over half their income
    ⤢ axis zoomed · 0–75%
    typical government reliance, FY20–25
    How this is measured
    Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

    On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 77 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

    How this is measured
    Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

    Generated from the IRS Form 990 e-file return for fiscal year 2025, released 2025. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

    Source object · view filing

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