Bates Family Foundation Inc

QUINCY, FL EIN: 59-3456990

Bates Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in QUINCY, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 56 grants totaling $160K. Net investment income was $93K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

+27.9% YoY

Annual Giving

$160K

+6.7% YoY

Grant Count

56

-17.6% YoY

Avg Grant Size

$3K

+29.5% YoY

Under IRS private-foundation payout rules, Bates Family Foundation Inc reported a distributable amount of $195K for 2024 — the minimum it must pay out in qualifying distributions.

About Bates Family Foundation Inc

Based on IRS filings

Bates Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in QUINCY, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 56 grants totaling $160K. Net investment income was $93K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

23states
+15 more states

Cities

Albert LeaAmericusArlingtonAustinAvonBaltimoreBlack MountainBoys RanchBoys TownBozemanChattachooeeClarksburgCoconut CreekDallasDaytona BeachEnterpriseGainesvilleHagerstownHalifaxHavana

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$117K$233K$350K$467K20202021202220232024
Metric202420232022
Total Assets$1,986,258$1,552,922$1,563,869
Revenue$129,135$231,607$200,840
Expenses$242,338$231,671$242,856
Qualifying Distributions$187,500$177,500$185,500
Net Investment Income$92,661$197,980$169,083
Distributable Amount$194,996$179,559$182,613

Giving Over Time

Total grant dollars and number of grants per year

$0$40K$80K$120K$160K56 grants202047 grants202154 grants202268 grants202356 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

FIRST PRESBYTERIAN CHURCH$7KROUND-UP RIVER RANCH$6KQUINCY HISTORICAL PRESER…$5KSUWANNEE RIVER AREA COUN…$3KQUINCY MAINSTREET$3KWETUMPKA VOLUNTEER FIRE …$3KRESTLESS LEG FOUNDATION$2KPROJECT LIBERTY SHIP$2KWOUNDED WARRIOR PROJECT$2KINDEPENDENCE LANDING$2K

Grant Size Distribution

247 grants across all recorded years

247<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include First Presbyterian Church ($7,000), Round-up River Ranch ($6,000), Quincy Historical Preservation Trust- Capital Improvement Account ($5,000).

RecipientPurposeAmount
GIRLS ON THE RUN PANHANDLE TALLAHASSEE, FLPAYMENT TO SUPPORT PROGRAMS FOR GIRLS$250
THOMAS MEMORIAL BAPTIST CHURCH QUINCY, FLPAYMENT TO SUPPORT CHURCH PROGRAMS$300
ST JOHN'S AFRICAN METHODIST EPISCOPAL CHURCH QUINCY, FLPAYMENT FOR PROGRAMS OF THE CHURCH$300
BETHELHEM MB CHURCH QUINCY, FLPAYMENT TO SUPPORT CHURCH PROGRAMS$300
HISTORICAL HALIFAX RESTORATION ASSOCIATION HALIFAX, NCPAYMENT FOR HISTORIC RESTORATION$500
HOPE FOR WARRIORS NASHVILLE, TNPAYMENT TO SUPPORT VETERAN PROGRAMS$500
SALVATION ARMY - QUINCY TALLAHASSEE, FLPAYMENTS FOR FOOD AND SHELTER PROGRAMS$500
FLORIDA SHERIFF'S YOUTH RANCHES BOYS RANCH, FLPROVIDE FUNDS TO SUPPORT PROGRAMS FOR AT RISK YOUNG PEOPLE$500
SUSAN G KOMEN FOUNDATION FOR BREAST CANCER RESEARCH DALLAS, TXPROVIDE FUNDS FOR MEDICAL RESEARCH$500
DOCTORS WITHOUT BORDERS HAGERSTOWN, MDPAYMENT FOR MEDICAL SERVICE TO PEOPLE IN NEED$500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

RICHARD S BATESPRESIDENT$50KJANIS M BATESSECRETARY$5K

From 2024 filing

NameTitleHoursCompensation
RICHARD S BATESPRESIDENT5$50,000
JANIS M BATESSECRETARY5$5,000
DEBORAH L LEONARDTREASURER1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bates Family Foundation Inc?

Bates Family Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in QUINCY, FL. It holds $2.0M in total assets as of 2024.

How large is Bates Family Foundation Inc?

As of 2024, Bates Family Foundation Inc holds $2.0M in total assets with $129K in annual revenue. It awarded 56 grants totaling $160K in 2024.

Where does Bates Family Foundation Inc operate?

Bates Family Foundation Inc has awarded grants in Alabama, Arkansas, Arizona, California, Colorado, District of Columbia, Florida, Georgia, Illinois, Kansas, Louisiana, Massachusetts, Maryland, Minnesota, Montana, North Carolina, Nebraska, New Jersey, New York, Pennsylvania, Tennessee, Texas, Virginia.

What size grants does Bates Family Foundation Inc award?

In 2024, Bates Family Foundation Inc awarded 56 grants totaling $160K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is Bates Family Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bates Family Foundation Inc reported a distributable amount of $195K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bates Family Foundation Inc's EIN?

Bates Family Foundation Inc's EIN (Employer Identification Number) is 59-3456990. IRS Form 990 filing data is available on this page for 2020–2024.

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Related Funders

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

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