Bailey Family Foundation Inc
The Bailey Family Foundation Inc is a private 501(c)(3) foundation established in 1992 and headquartered in Vero Beach, Florida. The foundation was created by Ron K. Bailey to improve access to post-secondary education. It operates as a family foundation with a focus on educational scholarships and charitable giving.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.6M
-6.4% YoY
Annual Giving
$323K
-27.9% YoY
Grant Count
89
-28.2% YoY
Avg Grant Size
$4K
+0.5% YoY
Mission & Focus Areas
The foundation's mission is dedicated to expanding the availability and enhancing the quality of post-secondary education.
Primary funding areas include:
- Education (32% of giving)
- Religion (29% of giving)
- Social & Human Services (approximately 15% of giving)
Grantmaking
The Bailey Family Foundation distributes over $2,000,000 annually to fund more than 500 scholarships, primarily in Hillsborough, Pinellas, and Polk counties in west central Florida.
Review Cycle
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How to Apply
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Geographic Focus
Where this funder awards grants
Approximately 47% of grants remain in Florida. Other states receiving significant grant support include North Carolina, Virginia, Texas, and Illinois.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $2,578,794
- Total Revenues: $211,034
- Total Expenses: $387,602
- Investment Income and Dividends: $211,002
As of December 2023:
- Total Assets: $2.76 Million
- Total Revenues: $567,000
- Total Expenses: $514,000
Cumulative Impact: The foundation has distributed $36 million to date since its establishment.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,578,794 | $2,755,965 | $2,692,385 |
| Revenue | $211,034 | $566,776 | $438,618 |
| Expenses | $387,602 | $513,824 | $585,911 |
| Qualifying Distributions | $377,267 | $504,863 | $583,406 |
| Net Investment Income | $210,383 | $567,226 | $437,978 |
| Distributable Amount | $521,143 | $445,768 | $464,675 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Founder: Ron K. Bailey
Board of Trustees (Founding Members): Ron Bailey, Beverly Bailey, Kyle Bailey, and Kent Bailey
Current Leadership:
- Lucia H. Bailey, President
- J. Vincent Boyle, Vice President
- Blythe L. Burge, Secretary
Donors: Stephen M. Bailey and Lucia H. Bailey
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LUCIA H BAILEY | PRES/DIRECTOR | 5 | — |
| BLYTHE L BURGE | SEC/DIRECTOR | 10 | $49,980 |
| J VINCENT BOYLE | V.P./TREAS/DIR | 1 | — |
Recent News & Activity
Recent developments and announcements
The foundation has made significant recent grants to major educational institutions, including contributions to University of Florida Health and The Wertheim UF Scripps Institute to expand STEM education initiatives.
Austin-Bailey Foundation awards nearly $200,000 in grants, scholarshipsThe Spring 2025 Newsletter was recently published, and the foundation announced a transition in its scholarship program beginning in 2026 to focus exclusively on renewal applications for existing scholarship recipients.
Austin-Bailey Foundation awards nearly $200,000 in grants, scholarshipsRelated Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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