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Bjorkman Foundation is a private corporation based in LAKE GENEVA, WI. The foundation received its IRS ruling in 1960. It holds total assets of $607K. Annual income is reported at $163K. According to available records, Bjorkman Foundation has made 68 grants totaling $198K, with a median grant of $2K. The foundation has distributed between $47K and $51K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $51K distributed across 17 grants. Individual grants have ranged from $1K to $10K, with an average award of $3K. The foundation has supported 14 unique organizations. The foundation primarily supports organizations in Illinois, Michigan, Wisconsin, which account for 94% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Bjorkman Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 68 grants. Its grantmaking reaches organizations primarily in IL, MI, WI.
Bjorkman Foundation has distributed a total of $198K across 68 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $1K to $10K.
PURSUANT TO THE BJORKMAN FOUNDATION'S ARTICLES OF INCORPORATION, THE DISTRIBUTION OF FUNDS, INCOME, AND PROPERTY OF THE CORPORATION MAY BE MADE TO THE CHARITABLE, EDUCATIONAL, SCIENTIFIC, LITERARY, OR RELIGIOUS CORPORATION, ORGANIZATIONS, COMMUNITY CHESTS,FOUNDATIONS, OR OTHER KINDRED INSTITUTIONS (INCLUDING GOVERNMENTAL), ORGANIZED AND OPERATED EXCLUSIVELY FOR ONE OR MORE OF THE FORGOING PURPOSES. SUCH DISTRIBUTIONS MAY BE MADE ONLY IF, AT ANY TIME OF DISTRIBUTION, THE DISTRIBUTEE IS EXEMPT FROM INCOME TAXATION, AND IF THE GIFTS OR TRANSFERS TO THE DISTRIBUTEE ARE THEN EXEMPT FROM TAXATION UNDER THE PROVISIONS OF SECTIONS 501, 2055, AND 2522 OF THE INTERNAL REVENUE CODE, OR ANY LATER OR OTHER SECTIONS OF THE INTERNAL REVENUE CODE OF 1986 WHICH AMEND OR SUPERCEDE THE SAID SECTIONS.
Bjorkman Foundation is headquartered in LAKE GENEVA, WI. While based in WI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Alan W Bjorkman | DIRECTOR | $0 | $0 | $0 |
| Glenn A Bjorkman | DIRECTOR/PRE | $0 | $0 | $0 |
| Mary Ellen Bjorkman | DIRECTOR/TRE | $0 | $0 | $0 |
Total Giving
$49K
Total Assets
$576K
Fair Market Value
$1M
Net Worth
$576K
Grants Paid
$47K
Contributions
$0
Net Investment Income
$43K
Distribution Amount
$47K
Total Grants
68
Total Giving
$198K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
14
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Cornerstone Community OutreachCONTRIBUTION | Chicago, IL | $2K | 2023 |
| North Park UniversityUNIVERSITY SCHOLARSHIPS | Chicago, IL | $10K | 2023 |
| Greater Chicago Food DepositoryCONTRIBUTION | Chicago, IL | $5K | 2023 |
| Dupage Habitat HumanityCONTRIBUTION | Wheaton, IL | $2K | 2023 |
| Covenant Community CareCONTRIBUTION | Detroit, MI | $2K |
BOSTON, MA
SAINT LOUIS, MO
SATELLITE BCH, FL
NEW ORLEANS, LA
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2023 |
| Paul Carlson PartnershipCONTRIBUTION | Chicago, IL | $2K | 2023 |
| Covenant Harbor Bible CampCONTRIBUTION | Lake Geneva, WI | $2K | 2023 |
| Covenant Ability NetworkCONTRIBUTION | Oak Forest, IL | $2K | 2023 |
| Harbor Point MinistriesSCHOLARSHIP FUND | Lake Geneva, WI | $1K | 2023 |
| Courtside MinistriesCONTRIBUTION | Chicago, IL | $1K | 2023 |
| Covenant Children'S MinistriesCONTRIBUTION | Princeton, IL | $1K | 2023 |
| Covenant Point Bible CampCONTRIBUTION | Iron River, MI | $1K | 2023 |
| Covenant Women'S MinistriesCONTRIBUTION | Chicago, IL | $1K | 2023 |
| LumunosIMO ADALINE BJORKMAN | Burlington, VT | $1K | 2023 |
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