Bay Branch Foundation

BOCA RATON, FL EIN: 22-6054888

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

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

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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

13states
+5 more states

Cities

AtlantaBanner ElkBoca RatonCedarhurstCoconut CreekDelray BeachFort LauderdaleFort PierceGrand ForksHamiltonHerndonHopewellLinvilleMaitlandManalapanNew BrunswickNew YorkNewlandOklahoma CityPalm Beach

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$9M$12M20202021202220232024
Metric202420232022
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

$0$3M$5M$8M$10M44 grants202047 grants202152 grants202228 grants202311 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ST PAUL LUTHERAN CHURCH$120KLYNN UNIVERSITY$118KBOCA RATON REGIONAL HOSP…$26KROTARY CLUB DOWNTOWN BOC…$23KDEBBIE-RAND MEMORIAL SER…$10KORDER OF ST JOHN OF JERU…$10KTRUSTBRIDGE HOSPICE FOUN…$5KSAVE THE CHIMPS$5KTRI COUNTY HUMANE SOCIETY$5KSOROPTIMIST INTERNATIONA…$2K

Grant Size Distribution

180 grants across all recorded years

166<$50K3$50–100K8$100–250K1$250–500K$500K–1M$1–5M2$5M+

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

NameTitleHoursCompensation
DIANA J WOLDDIRECTOR2
KEITH C WOLD JRDIRECTOR2
ELAINE J WOLDDIRECTOR2
DIANA J WOLDTRUSTEE3
ANDREA P WESTERGOMTRUSTEE3
DIANA E MARSZALEK BEKMYRZADIRECTOR2
DIANA E MARSZALEK BEKMYRZATRUSTEE3
KEITH C WOLD JRTRUSTEE2

Recent News & Activity

Recent developments and announcements

2024

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.

Related Funders

Similar funders by location and focus area

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

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