B F Charitable Foundation

Foundation · Grantmaker Milwaukee, WI EIN: 20-6675392

B F Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Milwaukee, WI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 4 grants totaling $152K. Net investment income was $123K.

Key facts about B F Charitable Foundation

EIN: 20-6675392
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $151,500
Grants made (2024): 4
Average grant: $37,875
Median grant: $37,500
Total assets: $1,564,923
Primary geography: Missouri (100% of itemized 2024 grant dollars)

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

Who B F Charitable Foundation funds

By grant dollars, the top recipient states for B F Charitable Foundation's 4 itemized 2024 grants were Missouri (100%). The most frequent recipient cities were Saint Louis, MO (4 grants). 100% of grants with a stated purpose were for general or operating support.

How B F Charitable Foundation gives

In 2024 it paid out 111% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with B F Charitable Foundation

How to evaluate B F Charitable Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to B F Charitable Foundation with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.6M

-2.2% YoY

Annual Giving

$152K

+28.4% YoY

Grant Count

+100.0% YoY

Avg Grant Size

$38K

-35.8% YoY

Under IRS private-foundation payout rules, B F Charitable Foundation reported a distributable amount of $136K for 2024 — the minimum it must pay out in qualifying distributions.

About B F Charitable Foundation

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

Your AI grants department

Ready to take the next step with B F Charitable Foundation?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Missouri $152K (100%)

Share of all 4 itemized 2024 grant dollars.

States

Massachusetts Missouri New York Tennessee

Cities

Saint LouisBostonKirkwoodMemphisNew York

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,564,923	$1,600,114	$1,620,397
Revenue	$154,388	$134,062	$142,140
Expenses	$183,551	$153,121	$176,135
Qualifying Distributions	$151,500	$123,410	$140,410
Net Investment Income	$123,075	$105,158	$107,676
Distributable Amount	$136,204	$127,867	$149,839

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2022–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Grant Size Distribution

11 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Washington University ($75,000), Saint Louis University ($50,000), Teatro La Fragua ($25,000).

Recipient	Purpose	Amount
WASHINGTON UNIVERSITY Saint Louis, MO	GENERAL OPERATING	$75,000
SAINT LOUIS UNIVERSITY Saint Louis, MO	GENERAL OPERATING	$50,000
TEATRO LA FRAGUA Saint Louis, MO	GENERAL OPERATING	$25,000
WASHINGTON UNIVERSITY SCHOOL OF MEDICINE St Louis, MO	GENERAL OPERATING	$1,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
Steven Bander	Co-Trustee	—	—
Patricia Bander	Co-Trustee	—	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is B F Charitable Foundation?

B F Charitable Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Milwaukee, WI. It holds $1.6M in total assets as of 2024.

How large is B F Charitable Foundation?

As of 2024, B F Charitable Foundation holds $1.6M in total assets with $154K in annual revenue. It awarded 4 grants totaling $152K in 2024.

Where does B F Charitable Foundation operate?

B F Charitable Foundation has awarded grants in Massachusetts, Missouri, New York, Tennessee.

What size grants does B F Charitable Foundation award?

In 2024, B F Charitable Foundation awarded 4 grants totaling $152K — an average of about $38K per grant, based on its IRS Form 990 filings.

How much is B F Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, B F Charitable Foundation reported a distributable amount of $136K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.