Bama Works Foundation

Foundation · Grantmaker Charlottesville, VA EIN: 54-1893960

Bama Works Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlottesville, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $77K in total assets. In 2024, it awarded 1 grant totaling $900K.

Key facts about Bama Works Foundation

EIN
54-1893960
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$900,000
Grants made (2024)
1
Average grant
$900,000
Median grant
$900,000
Total assets
$77,473
Primary geography
Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

How Bama Works Foundation gives

  • Giving grew 49% from 2021 to 2024. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$77K

+236.7% YoY

Annual Giving

$900K

Grant Count

1

Avg Grant Size

$900K

Under IRS private-foundation payout rules, Bama Works Foundation reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About Bama Works Foundation

Based on IRS filings

Bama Works Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlottesville, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $77K in total assets. In 2024, it awarded 1 grant totaling $900K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 1 itemized 2024 grant dollars.

States

Cities

CharlottesvilleRichmond

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$332K$663K$995K$1M20202021202220232024
Metric202420232022
Total Assets$77,473$23,009$23,824
Revenue$1,175,480$61,004$650
Expenses$1,205,797$815$20,674
Qualifying Distributions$900,000—$20,301
Net Investment Income———
Distributable Amount$5,702$2,644$1,352

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$225K$450K$675K$900K0 grants20202 grants20211 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Charlottesville Area Community Foundation: $900KCharlottesville Area CommunityFoundation$900K

Grant Size Distribution

4 grants across all recorded years

1<$50K$50–100K1$100–250K1$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Charlottesville Area Community Foundation ($900,000).

RecipientPurposeAmount
CHARLOTTESVILLE AREA COMMUNITY FOUNDATION Charlottesville, VATHE CONTRIBUTION IS TO ASSIST THE FOUNDATIONS MISSION TO IMPROVE THE QUALITY OF LIFE FOR THOSE NEGATIVELY IMPACTED BY INEQUITABLE SYSTEMS ACROSS OUR REGION, SO THAT WE CAN BE A REGION IN WHICH EVERYONE CAN BELONG, PARTICIPATE, CONTRIBUTE, AND THRIVE.$900,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Carter a BeaufordDirector——
John HornsbyDirector——
David J MatthewsDirector——
R Coran CapshawDirector——
Stefan LessardDirector——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bama Works Foundation?

Bama Works Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Charlottesville, VA. It holds $77K in total assets as of 2024.

How large is Bama Works Foundation?

As of 2024, Bama Works Foundation holds $77K in total assets with $1.2M in annual revenue. It awarded 1 grant totaling $900K in 2024.

Where does Bama Works Foundation operate?

Bama Works Foundation has awarded grants in Virginia.

What size grants does Bama Works Foundation award?

In 2024, Bama Works Foundation awarded 1 grant totaling $900K — an average of about $900K per grant, based on its IRS Form 990 filings.

How much is Bama Works Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bama Works Foundation reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bama Works Foundation's EIN?

Bama Works Foundation's EIN (Employer Identification Number) is 54-1893960. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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