Adam M BAK Foundation Inc

Private foundation · Grantmaker Brooklyn, NY EIN: 26-3930966

Adam M BAK Foundation Inc is a private foundation, based in Brooklyn, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7K in total assets. Net investment income was $129.

Key facts about Adam M BAK Foundation Inc

EIN
26-3930966
Latest 990 filing
Form 990-PF, 2024
Total assets
$6,743

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7K

+0.5% YoY

Revenue

$129

-99.7% YoY

Net Investment Income

$129

+19.4% YoY

Expenses

$95

-100.0% YoY

Under IRS private-foundation payout rules, Adam M BAK Foundation Inc reported a distributable amount of $344 for 2024 — the minimum it must pay out in qualifying distributions.

How Adam M BAK Foundation Inc gives

  • Giving grew 425% from 2020 to 2023. Method
  • In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

WashingtonRochesterNaples

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K1 grant2020 4 grants2021 1 grant2022 5 grants2023 0 grants2024

From 2020 to 2023, annual grant giving ranged from $50K (2020) to $270K (2021). In 2023 it made 5 grants totaling $263K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

11 grants across all recorded years

2<$50K7$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 7 grants of 11 (64%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$6,743$6,709$225,477
Revenue$129$50,108$200,079
Expenses$95$268,876$50,351
Qualifying Distributions—$262,660$50,000
Net Investment Income$129$108$79
Distributable Amount$344$4,549$2,074

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Adam M BAK Foundation Inc is led by Adam Bak, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Adam Bak

    President

    On filings since 2020

    No compensation reported

  • Ava Polansky Bak

    Vice President

    On filings since 2020

    No compensation reported

  • Victoria Polansky

    Secretary

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Adam M BAK Foundation Inc

How large is Adam M BAK Foundation Inc?

Adam M BAK Foundation Inc reported $7K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $129.

Where does Adam M BAK Foundation Inc operate?

Adam M BAK Foundation Inc has awarded grants in District of Columbia, Florida, Michigan.

How much is Adam M BAK Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Adam M BAK Foundation Inc reported a distributable amount of $344 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Adam M BAK Foundation Inc's EIN?

Adam M BAK Foundation Inc's EIN (Employer Identification Number) is 26-3930966. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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