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Bakalian Family Foundation is a private trust based in SAINT LOUIS, MO. The foundation received its IRS ruling in 2011. The principal officer is Wells Fargo Bank Na. It holds total assets of $403K. Annual income is reported at $197K. Total assets have decreased from $601K in 2011 to $420K in 2023. The foundation is governed by 1 officer or trustee. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Bakalian Family Foundation has made 8 grants totaling $126K, with a median grant of $15K. The foundation has distributed between $29K and $36K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $36K distributed across 2 grants. Individual grants have ranged from $14K to $18K, with an average award of $16K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in New York. Contributions to this foundation are tax-deductible.
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.
Bakalian Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 8 grants. Its grantmaking reaches organizations primarily in NY.
Bakalian Family Foundation has distributed a total of $126K across 8 grants. The median grant size is $15K, with an average of $16K. Individual grants have ranged from $14K to $18K.
Bakalian Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bakalian Family Foundation is headquartered in SAINT LOUIS, MO.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wells Fargo Bank N A | TRUSTEE | $8K | $0 | $8K |
Total Giving
$37K
Total Assets
$420K
Fair Market Value
$469K
Net Worth
$420K
Grants Paid
$29K
Contributions
N/A
Net Investment Income
$8K
Distribution Amount
$23K
Total Grants
8
Total Giving
$126K
Average Grant
$16K
Median Grant
$15K
Unique Recipients
2
Most Common Grant
$18K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Ararat Youth And Conference CntrGENERAL OPERATING | New York, NY | $14K | 2023 |
| Armenian General Benevolent UnionGENERAL OPERATING | New York, NY | $14K | 2023 |