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Bg Foundation is a private corporation based in VERNON HILLS, IL. The foundation received its IRS ruling in 2019. The principal officer is % Fred Blitt. It holds total assets of $303. Annual income is reported at $75K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bg Foundation has made 3 grants totaling $110K, with a median grant of $25K. Annual giving has grown from $49K in 2021 to $62K in 2022. Individual grants have ranged from $24K to $62K, with an average award of $37K. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
Bg Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IL.
Bg Foundation has distributed a total of $110K across 3 grants. The median grant size is $25K, with an average of $37K. Individual grants have ranged from $24K to $62K.
Bg Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bg Foundation is headquartered in VERNON HILLS, IL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Fred Blitt | Board of Directors | $0 | $0 | $0 |
| Jan Gaines | Board of Directors | $0 | $0 | $0 |
| Sally Blitt | Board of Directors | $0 | $0 | $0 |
Total Giving
$64K
Total Assets
$359
Fair Market Value
$359
Net Worth
$359
Grants Paid
$61K
Contributions
$70K
Net Investment Income
$0
Distribution Amount
$583
Total Grants
3
Total Giving
$110K
Average Grant
$37K
Median Grant
$25K
Unique Recipients
2
Most Common Grant
$24K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Center For Enriched LivingCharitable | Riverwoods, IL | $62K | 2022 |
| Journey Care FoundationCharitable | Barrington, IL | $25K | 2021 |
Other foundations that have funded Bg Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Leva Family Foundation | $3K | 2023 | PRIVATE FOUNDATION |
| Debra And David Lorig Family Foundation | $1K | 2023 | GENERAL OPERATING SUPPORT |
| Leva Family Foundation | $300 | 2023 | PRIVATE FOUNDATION |
| Bristol-Myers Squibb Foundation Inc. | $5K | 2022 | EMPLOYEE GIVING PROGRAM |
| $1K |
| 2021 |
| GENERAL/ EDUCATION/ RELIGIOUS |
| Bank Of America Charitable Foundation Inc. | $500 | 2021 | OPERATIONAL SUPPORT |
| Bristol-Myers Squibb Foundation Inc. | $5K | 2020 | EMPLOYEE GIVING PROGRAM |
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