Bai Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PLEASANTON, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $53K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.5M
+6386.1% YoY
Annual Giving
$50K
Grant Count
1
Avg Grant Size
$50K
Under IRS private-foundation payout rules, Bai Foundation reported a distributable amount of $28K for 2024 — the minimum it must pay out in qualifying distributions.
About Bai Foundation
Based on IRS filings
Bai Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PLEASANTON, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 1 grants totaling $50K. Net investment income was $53K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,514,510 | $23,350 | $23,250 |
| Revenue | $1,457,746 | $101 | $24,703 |
| Expenses | $53,286 | — | $2,400 |
| Qualifying Distributions | $50,000 | — | $2,400 |
| Net Investment Income | $52,926 | $101 | $38 |
| Distributable Amount | $27,690 | $1,098 | $1,156 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Woori Bank Yonsei University Health System ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WOORI BANK YONSEI UNIVERSITY HEALTH SYSTEM | DONATION | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOON BAI | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bai Foundation?
Bai Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PLEASANTON, CA. It holds $1.5M in total assets as of 2024.
How large is Bai Foundation?
As of 2024, Bai Foundation holds $1.5M in total assets with $1.5M in annual revenue. It awarded 1 grants totaling $50K in 2024.
Where does Bai Foundation operate?
Bai Foundation has awarded grants in California, Missouri.
What size grants does Bai Foundation award?
In 2024, Bai Foundation awarded 1 grants totaling $50K — an average of about $50K per grant, based on its IRS Form 990 filings.
How much is Bai Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bai Foundation reported a distributable amount of $28K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bai Foundation's EIN?
Bai Foundation's EIN (Employer Identification Number) is 84-4788353. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bai Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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