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 grants totaling $900K.
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 grants totaling $900K.
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 | $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 |
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
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Charlottesville Area Community Foundation ($900,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CHARLOTTESVILLE AREA COMMUNITY FOUNDATION CHARLOTTESVILLE, VA | THE 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
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CARTER A BEAUFORD | DIRECTOR | — | — |
| JOHN HORNSBY | DIRECTOR | — | — |
| DAVID J MATTHEWS | DIRECTOR | — | — |
| R CORAN CAPSHAW | DIRECTOR | — | — |
| STEFAN LESSARD | DIRECTOR | — | — |
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 grants 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 grants 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.
Explore Open Grants
Browse active grant opportunities in Bama Works Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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