Bain Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $140K. Net investment income was $71K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+7.0% YoY
Annual Giving
$140K
+0.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$140K
+0.0% YoY
About Bain Foundation
Based on IRS filings
Bain Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 1 grants totaling $140K. Net investment income was $71K.
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 | $1,126,317 | $1,052,508 | $995,597 |
| Revenue | $214,609 | $198,347 | $63,418 |
| Expenses | $140,800 | $141,436 | $51,523 |
| Qualifying Distributions | $140,000 | $140,000 | $50,000 |
| Net Investment Income | $71,186 | $57,272 | $56,495 |
| Distributable Amount | $52,377 | $49,306 | $31,446 |
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
10 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RAY MARK BAIN | PRESIDENT | — | — |
| MICHAEL L BAIN | MANAGER | — | — |
| BARBARA J BAIN | MANAGER | — | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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