Bay Branch Foundation
The Bay Branch Foundation is a private foundation established in 1964 and based in Boca Raton, Florida. As a 501(c)(3) organization, it does not engage in direct charitable activities. Instead, its primary function is making donations to pre-selected charitable organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$859K
+35.6% YoY
Annual Giving
$324K
-60.8% YoY
Grant Count
11
-60.7% YoY
Avg Grant Size
$29K
-0.3% YoY
Mission & Focus Areas
The foundation has not provided a formal mission statement. However, its funding priorities reflect support across multiple sectors:
- Philanthropy & Grantmaking (approximately 48% of giving)
- Education (approximately 26% of giving)
- Religion (approximately 8% of giving)
- Health and Community Services
- Arts and Culture
- Historical Activities and Preservation
- Environment
- Animal Welfare
- Human Services
The foundation demonstrates particular commitment to supporting the Boca Raton Regional Hospital Foundation and its initiatives.
Grantmaking
The foundation made 44 grants in 2024, with total giving of $323,736. Recent grants include:
Review Cycle
.
How to Apply
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Geographic Focus
Where this funder awards grants
Approximately 42% of grants remain in Florida. The foundation also provides significant support to organizations in New York, California, Minnesota, and Delaware. Funding extends to major cities including Atlanta, New York, and Washington, D.C.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $858,878
- Total Revenues: $492,953
- Total Expenses: $357,543
- Total Giving: $323,736
- Number of Employees: 0
- Total Liabilities: $0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $858,878 | $633,416 | $966,639 |
| Revenue | $492,953 | $472,766 | $549,396 |
| Expenses | $357,543 | $856,111 | $5,647,690 |
| Qualifying Distributions | $326,936 | $852,562 | $5,624,549 |
| Net Investment Income | $467,953 | $470,266 | $548,146 |
| Distributable Amount | $739,031 | $755,806 | $1,063,003 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
180 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is managed by a team of directors and trustees who serve without compensation:
- Elaine J. Wold — Founder, Director
- Keith C. Wold — Founder
- Keith C. Wold Jr. — Donor, Trustee
- Diana J. Wold — Trustee
- Diana E. Marszalek Bekmyrza — Director
- Andrea P. Westergom — Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DIANA J WOLD | DIRECTOR | 2 | — |
| KEITH C WOLD JR | DIRECTOR | 2 | — |
| ELAINE J WOLD | DIRECTOR | 2 | — |
| DIANA J WOLD | TRUSTEE | 3 | — |
| ANDREA P WESTERGOM | TRUSTEE | 3 | — |
| DIANA E MARSZALEK BEKMYRZA | DIRECTOR | 2 | — |
| DIANA E MARSZALEK BEKMYRZA | TRUSTEE | 3 | — |
| KEITH C WOLD JR | TRUSTEE | 2 | — |
Recent News & Activity
Recent developments and announcements
The foundation's most recent IRS Form 990 filing was processed on December 1, 2024, reflecting fiscal year 2024 activity. The foundation continues its pattern of supporting pre-selected organizations across education, healthcare, religion, and philanthropic sectors.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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