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Bgf Foundation is a private corporation based in PERKASIE, PA. The foundation received its IRS ruling in 2017. The principal officer is % Dan Barnes. It holds total assets of $65.4M. Annual income is reported at $7.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Bgf Foundation has made 11 grants totaling $15M, with a median grant of $525K. Annual giving has grown from $1.7M in 2020 to $3.2M in 2023. Grantmaking activity was highest in 2022 with $7M distributed across 4 grants. Individual grants have ranged from $20K to $3.4M, with an average award of $1.4M. The foundation has supported 3 unique organizations. Grants have been distributed to organizations in Ohio and Virginia. Contributions to this foundation are tax-deductible.
Bgf Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in OH, VA.
Bgf Foundation has distributed a total of $15M across 11 grants. The median grant size is $525K, with an average of $1.4M. Individual grants have ranged from $20K to $3.4M.
Bgf Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bgf Foundation is headquartered in PERKASIE, PA. While based in PA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Dan Barnes | Exec Chairman | $0 | $0 | $0 |
| Susan Barnes | Vice President | $0 | $0 | $0 |
Total Giving
$3.7M
Total Assets
$62.9M
Fair Market Value
$62.9M
Net Worth
$62.9M
Grants Paid
$3.2M
Contributions
$0
Net Investment Income
$889K
Distribution Amount
$3M
Total: $25M
Total Grants
11
Total Giving
$15M
Average Grant
$1.4M
Median Grant
$525K
Unique Recipients
3
Most Common Grant
$125K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Endowment FoundationOperations | Hudson, OH | $3.1M | 2023 |
| United Way WorldwideOperations | Alexandria, VA | $125K | 2023 |
| Fidelity Charitable Fund (Lotus Fund)Operations | Cincinnati, OH | $20K | 2020 |
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