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Bemc Foundation is a private corporation based in GREENWICH, CT. The foundation received its IRS ruling in 2021. It holds total assets of $33.4M. Annual income is reported at $7.6M. Total assets have grown from $20.5M in 2020 to $33.4M in 2024. The foundation is governed by 2 officers and trustees. 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 2020 to 2024. According to available records, Bemc Foundation has made 5 grants totaling $4.7M, with a median grant of $612K. Annual giving has grown from $1.2M in 2021 to $1.6M in 2023. Grantmaking activity was highest in 2022 with $1.8M distributed across 1 grants. Individual grants have ranged from $612K to $1.8M, with an average award of $934K. The foundation has supported 2 unique organizations. Grants have been distributed to organizations in District of Columbia and California. 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.
Bemc Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 5 grants. Its grantmaking reaches organizations primarily in DC, CA.
Bemc Foundation has distributed a total of $4.7M across 5 grants. The median grant size is $612K, with an average of $934K. Individual grants have ranged from $612K to $1.8M.
Bemc Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bemc Foundation is headquartered in GREENWICH, CT. While based in CT, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James Mcclave | PRES/DIRECTOR/TREASURER | $0 | $0 | N/A |
| Emily Berger | DIRECTOR/SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$33.4M
Fair Market Value
N/A
Net Worth
$33.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
5
Total Giving
$4.7M
Average Grant
$934K
Median Grant
$612K
Unique Recipients
2
Most Common Grant
$612K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The Clear Fund Dba GivewellTO SUPPORT ORGANIZATION'S CHARITABLE ACTIVITIES | Oakland, CA | $1M | 2023 |
| Vox Media Future Perfect ProjectFUND OPERATIONS OF THE FUTURE PERFECT PROGRAM | Washington, DC | $612K | 2023 |