Bakala Foundation USA
Bakala Foundation USA is a private foundation, based in Greenville, SC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $15.0M in total assets. In 2024, it awarded 1 grant totaling $100K. Net investment income was $1.8M.
Bakala Foundation USA at a glance
In short: Bakala Foundation USA gave $100K across 1 grant in 2024 (avg $100K), mostly in New York. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $100,000
- -94.7% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $100,000
- -94.7% vs 2023
- Median grant
- $100,000
- Total assets
- $14,970,741
- +35.8% vs 2023
- Primary geography
- New York (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who Bakala Foundation USA funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Givedirectly Inc ($100K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $1–5M range: 4 grants of 5 (80%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Bakala Foundation USA gives
- Giving fell 97% from 2021 to 2024. Method
- In 2024 it paid out 6% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $100K (2024) to $3.1M (2021). In 2024 it made 1 grant totaling $100K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Givedirectly Inc New York, NY | General Support | $100,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $14,970,741 | $2,550,100 | $360,411 | $100,000 | 1 | $110,326 | $1,766,510 | $1,844,497 |
| 2023 | $11,024,892 | $2,610,505 | $2,156,577 | $1,900,000 | 1 | $1,948,151 | $305,822 | $1,809,227 |
| 2022 | $8,273,946 | $18,675 | $3,240,409 | $3,000,000 | 1 | $3,105,045 | $8,279 | $1,654,891 |
| 2021 | $11,495,680 | $1,835 | $4,142,332 | $3,100,000 | 1 | $3,134,091 | — | $1,158,586 |
| 2020 | $15,636,177 | $218,276 | $2,668,261 | $2,600,000 | 1 | — | $37,537 | $969,480 |
Under IRS private-foundation payout rules, Bakala Foundation USA reported a distributable amount of $1.8M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
Bakala Foundation USA is led by Marshall Winn, President & Director on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Marshall Winn
President & Director
On filings since 2020
5 hrs/week
$8K (2020) → $0 (2024)
Eleanor W. Nordholm
Director
On filings since 2020
1 hr/week
$8K (2020) → $0 (2024)
John R. Wigington
Director
On filings since 2020
1 hr/week
$8K (2020) → $0 (2024)
William Keen
Director
On filings since 2020
1 hr/week
$8K (2020) → $0 (2024)
Iva Baranova
Secretary, Treasurer & Director
On filings since 2022
5 hrs/week
No compensation reported
Former officers (1)
- Former: Craig H. Comstock (2020–2021) — Secretary, Treasurer & Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2023 IRS filing
The highest reported compensation on the 2023 filing was $10K, to Marshall Winn (President/Director). 4 officers or directors reported compensation on that filing.
Frequently asked questions about Bakala Foundation USA
How much does Bakala Foundation USA give each year?
Bakala Foundation USA gave $100K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.9M across 1 grant.
How large is Bakala Foundation USA?
Bakala Foundation USA reported $15.0M in total assets on its 2024 IRS Form 990-PF. It paid out $110K in qualifying distributions that year, against a required minimum of $1.8M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
Where does Bakala Foundation USA operate?
Bakala Foundation USA has awarded grants in New Hampshire, New York.
What is Bakala Foundation USA's EIN?
Bakala Foundation USA's EIN (Employer Identification Number) is 84-1741277. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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