Funder DirectoryJOEL AND RACHEL BOMGAR FOUNDATION
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Private foundation (trust)EIN 472367603Est. 2015-03

JOEL AND RACHEL BOMGAR FOUNDATION

MADISON, MS 39110

Total Assets

$2.1M

FY 2024

Annual Giving

$218K

FY 2024

Grants Made

13

FY 2024

Avg Grant

$17K

FY 2024

Grant Range

$500–$40K

Typical

Deadlines

Applications

Focus Areas

Private Independent Foundations

Financial Snapshot

2024 filing

Total Revenue

$50K

Total Expenses

$225K

Qualifying Distributions

$220K

Distributable Amount

$110K

Min. Investment Return

$111K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

13 grants

Grant sizes from minimum $500 through median $15K to maximum $40K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

4 years

Giving over time from 2020 to 2024. Peak $346K in 2020. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

41 grants

MISSISSIPPI CENTER FOR PUBLIC POLICY
$121K
1 grant
MISSISSIPPI HISTORY PROJECT INC
$108K
3 grants
MISSISSIPPI HARM REDUCTION INTIATIVE
$104K
1 grant
MISSION TO THE WORLD
$82K
4 grants
REDEEMER CHURCH
$65K
3 grants
MISSISSIPPI FUTURE FOUNDATION
$50K
2 grants
THE SEASTEADING INSTITUTE
$50K
1 grant
ACTIVE IMPACT INTERNATIONAL
$44K
2 grants

Grant Size Distribution

41 grants

<$10K
16
grants
$10–50K
23
grants
$50–250K
2
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

9 states

Mississippi
$703K
77% of total
Georgia
$82K
9% of total
California
$50K
5% of total
District of Columbia
$20K
2% of total
Missouri
$15K
2% of total
Texas
$15K
2% of total
Utah
$14K
2% of total
Florida
$12K
1% of total
Tennessee
$3K
0% of total

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JOEL AND RACHEL BOMGAR FOUNDATION — Grants, Financials & Contact | Grantivo