Bailey-desmet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GUILFORD, CT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $170K in total assets. In 2024, it awarded 2 grants totaling $13K. Net investment income was $7K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$170K
+47.6% YoY
Annual Giving
$13K
+1232.9% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$7K
+566.5% YoY
Under IRS private-foundation payout rules, Bailey-desmet Foundation reported a distributable amount of $19K for 2024 — the minimum it must pay out in qualifying distributions.
About Bailey-desmet Foundation
Based on IRS filings
Bailey-desmet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GUILFORD, CT. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $170K in total assets. In 2024, it awarded 2 grants totaling $13K. Net investment income was $7K.
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 | $169,851 | $115,109 | $65,703 |
| Revenue | $160,134 | $157,653 | $70,703 |
| Expenses | $15,737 | $3,347 | $5,000 |
| Qualifying Distributions | $13,329 | $1,000 | — |
| Net Investment Income | $7,097 | $5,334 | — |
| Distributable Amount | $19,441 | $13,013 | $601 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
3 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Shine Your Light Ct Inc ($7,329), Roots 4 Relief ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SHINE YOUR LIGHT CT INC EAST HARTFORD, CT | GENERAL PURPOSE DONATION | $7,329 |
| ROOTS 4 RELIEF GUILFORD, CT | GENERAL PURPOSE DONATION | $6,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAURIE DESMET | TRUSTEE | 1 | — |
| CAROL BAILEY | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bailey-desmet Foundation?
Bailey-desmet Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GUILFORD, CT. It holds $170K in total assets as of 2024.
How large is Bailey-desmet Foundation?
As of 2024, Bailey-desmet Foundation holds $170K in total assets with $160K in annual revenue. It awarded 2 grants totaling $13K in 2024.
Where does Bailey-desmet Foundation operate?
Bailey-desmet Foundation has awarded grants in Connecticut.
What size grants does Bailey-desmet Foundation award?
In 2024, Bailey-desmet Foundation awarded 2 grants totaling $13K — an average of about $7K per grant, based on its IRS Form 990 filings.
How much is Bailey-desmet Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bailey-desmet Foundation reported a distributable amount of $19K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bailey-desmet Foundation's EIN?
Bailey-desmet Foundation's EIN (Employer Identification Number) is 92-0437088. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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