philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in
Turner Foundation EIN 31-0999062 Form 990 (PDF) Claim this org

Turner Foundation

Not yet claimed Claim this org →

A private foundation based in Louisville, KY. It reported about $26K in revenue for 2025. For fiscal year 2025 it reported $26K in revenue, $50K in expenses, and $812K in net assets.Pt I

Type
Private foundation / grantmaker · Nonprofit
Location
Louisville, KY
Filings
6 on file (2020–2025)
Revenue
$26KFY2025
Expenses
$50K
Net assets
$812K
People
3
Filings
6
Updates
0
More identity details & actions ⌄
EIN  31-0999062 Private foundation / grantmaker Louisville, KY
Form 990 (PDF)
Compare with another nonprofit →
Is this your organization?
Claim this profile to manage it and share your story.
Claim
Provided by the organization

This section is blank until Turner Foundation claims this page.

Know this organization? Claim it to add your story

Size
<$100K
What they do
A private foundation based in Louisville, KY. It reported about $26K in revenue for 2025.
Leadership
Nancy Lynn Boshart · Director
Money in and out
$26K revenue, $50K expenses
Bottom line
—
Grants paid & assets · FY2025
Total revenue
$26K
Pt VIII · Ln 12
Total expenses
$50K
Pt IX · Ln 25
Net assets
$812K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$24K
Total assets
812K
deployed as grants and operations
Grants paid
47K
in FY2025
Grants made
17grants
total in period
Payout rate
6%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 17 grants · $47K · 2025–2025
Ky Race Track ChaplaincyFY2025$6,073
FcaFY2025$5,200
Samaritans PurseFY2025$5,000
Bridge Over IndiaFY2025$5,000
Mai SoccerFY2025$3,000
Pioneer Bible TranslatorsFY2025$3,000
Southern Baptist SeminaryFY2025$3,000
Stonebridge ChurchFY2025$2,576
National Christian FoundationFY2025$2,000
Portland ChristianFY2025$2,000
Hopeful HeartsFY2025$2,000
Billy Graham Evangelical AssnFY2025$2,000
Wayside Christian MissionFY2025$2,000
Critically LovedFY2025$1,000
Bside U for LifeFY2025$1,000
In His GripFY2025$1,000
Blessings in a BoxFY2025$1,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$3K
Median grantPart XV$2K
Largest grantPart XV$6K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF
Revenue
$26K
FY2025▼ -16%
Expenses
$50K
FY2025▼ -13%
Total assets
$812K
FY2025▲ +10%
Total liabilities
$0
FY2025
Total revenue
$26K
Pt VIII · Ln 12
Total expenses
$50K
Pt IX · Ln 25
Net assets
$812K
Pt X · Ln 32
Total assetsPt II$812K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CTurner Foundation
EINHdr · item D31-0999062
Principal addressHdr · item CLouisville, KY
WebsiteHdr · item Jnone reported
State of legal domicileHdr · item MKY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFMar 1981

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
John Boshart
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Turner Foundation executive salaries →

Are you one of these people? Claim this org to confirm your role

Statement of Revenue

Part VIII
Investment income100%$26K
Total revenueLn 12$26K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.94 Operating & administrative $0.06
Grants & contributions paid94%$47K
Operating & administrative6%$3K
Total functional expensesLn 25$50K

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$812K
Total liabilitiesLn 26$0
Total net assetsLn 32$812K

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $812K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $26K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $26K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $26K · Prior year $31K
-16%
Net-asset trend (YoY)
End of year $812K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $26K · Expenses $50K
-91%
Liabilities-to-Assets
Total liabilities — · Total assets $812K
—
Net-asset ratio
Net assets $812K · Total assets $812K
100%
People & payroll
Highest Reported Total Compensation
Individual Nancy Lynn Boshart · Reported title Director · Highest reported compensation $0 · Total expenses $50K
0%
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth -16%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Compare

Search another nonprofit to view revenue, expenses, assets, key metrics, and leaders side by side

Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$26K revenue · viewing · ⤓ 990 PDF
FY2024$31K revenue · ⤓ 990 PDF
FY2023$29K revenue · ⤓ 990 PDF
FY2022$23K revenue · ⤓ 990 PDF
FY2021$23K revenue · ⤓ 990 PDF
FY2020$24K revenue · ⤓ 990 PDF

Want to add your own materials alongside these filings? Claim this org

Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the peer-cohort and compensation comparisons above.