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Bailey-Desmet Foundation is a private trust based in GUILFORD, CT. The foundation received its IRS ruling in 2023. It holds total assets of $175K. Annual income is reported at $107K. Total assets have grown from $66K in 2022 to $115K in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2022 to 2023. According to available records, Bailey-Desmet Foundation has made 1 grants totaling $1K, with a median grant of $1K. Grant recipients are concentrated in Connecticut. Contributions to this foundation are tax-deductible.
No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bailey-Desmet Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 1 grants. Its grantmaking reaches organizations primarily in CT.
Bailey-Desmet Foundation has distributed a total of $1K across 1 grants. The median grant size is $1K, with an average of $1K. Individual grants have ranged from $1K to $1K.
Bailey-Desmet Foundation is a private foundation. To inquire about grants, you can look up the foundation using their EIN (920437088) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Bailey-Desmet Foundation is headquartered in GUILFORD, CT.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Laurie Desmet | TRUSTEE | $0 | $0 | N/A |
| Carol Bailey | TRUSTEE | $0 | $0 | N/A |
Total Giving
$3K
Total Assets
$115K
Fair Market Value
$325K
Net Worth
$115K
Grants Paid
$1K
Contributions
$150K
Net Investment Income
$5K
Distribution Amount
$13K
Total: $106K
Total Grants
1
Total Giving
$1K
Average Grant
$1K
Median Grant
$1K
Unique Recipients
1
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Shine Your Light Ct IncGENERAL PURPOSE DONATION | East Hartford, CT | $1K | 2023 |