TITLE: President and board member
FOCUS AREAS: Social welfare, health and medical, basic needs
PROFILE: Robert S. Boone is the president of the Bernard McDonough Foundation and also serves on its board of directors. He took over the role of president in 2015 after former president Robert Stephens retired after 10 years of leading the foundation.
Boone previously served as the foundation’s executive vice president and also chief financial officer for the McDonough Corp. He was raised and educated in the Mid-Ohio Valley, where the foundation focuses its grantmaking. He also serves on the board of Philanthropy West Virginia.
When Stephens retired, a local newspaper published the following information about Boone's background:
Boone is president of a hardwood molding company located in Beverly, W.Va., a subsidiary of the McDonough Corp., and was vice president and chief financial officer for the corporation from 1991-2007 when he purchased MFC, a medical billing company in Parkersburg. He has a degree in accounting from Marshall University and is a CPA. Following graduation he has served in several accounting positions including as a staff accountant for Astorg and Altizer.
He serves on the Investment Committee of the Parkersburg Area Community Foundation, previously served as board member and treasurer of SW Resources, the Wood County Society, treasurer of Boy Scout Troop 3 and has served on many other local boards. In 2001 Boone received the Outstanding CPA in Business and Industry award from the West Virginia Society of CPA's.
Upon his promotion, Boone made the following statement:
We give out around 140 grants a year, totaling $1.4-$1.5 million. Our emphasis is actually on basic human needs, taking care of the social welfare of the state in areas that are under-privileged and under-served, taking care of a lot of youth and children programs, some adult substance abuse programs, homelessness, food and health services. The biggest challenges are not having the funds to do the missions they are called out to do. There have been a lot of state and federal cutbacks in funds have left them short on completing their missions. I think the biggest challenge is collaborating with other foundations and getting non-profits to collaborate together to make a bigger impact to benefit the citizens in West Virginia.