Bayer Family Foundation
The Bayer Family Foundation is a private foundation established in 2006 and based in Bridgeview, Illinois. It operates as a 501(c)(3) organization focused on philanthropic grantmaking to charitable organizations across multiple sectors.
Key facts about Bayer Family Foundation
- EIN
- 06-1789656
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,347,650
- Grants made (2024)
- 38
- Average grant
- $35,464
- Median grant
- $5,500
- New grantees (estimate)
- 21% first-time grantees (8 of 38, 2024)
- Total assets
- $19,053,619
- Primary geography
- Illinois (77% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Bayer Family Foundation funds
By grant dollars, the top recipient states for Bayer Family Foundation's 38 itemized 2024 grants were Illinois (77%) and Michigan (15%). The most frequent recipient cities were Chicago, IL (16 grants), New York, NY (4 grants) and Boca Raton, FL (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is Bayer Family Foundation open to new grantees?
21%
first-time grantees, 2024
In 2024, 8 of 38 grantees (21%) were first-time recipients. First grants averaged $7K; repeat grants $43K. How we count
Medians: $5K first-time, $10K repeat.
- 76% of 2024 grantees were also funded in 2023. Method
- Giving grew 111% from 2021 to 2024. Method
- In 2024 it paid out 144% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$19.1M
+30.8% YoY
Annual Giving
$1.3M
+33.8% YoY
Grant Count
38
-20.8% YoY
Avg Grant Size
$35K
+69.0% YoY
Under IRS private-foundation payout rules, Bayer Family Foundation reported a distributable amount of $934K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation does not have a publicly stated mission statement. However, based on its grantmaking activity, the foundation supports:
- Education
- Philanthropy, Voluntarism & Grantmaking
- Human Services
The foundation provides general unrestricted charitable purpose grants to its recipients.
Grantmaking
Grant Range
s:**
Ready to take the next step with Bayer Family Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Illinois
- Michigan
- New York
Grant Distribution by State
Share of all 38 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- Total assets: $19,053,619 (2024)
- Total assets: $14,570,248 (2023)
Annual Activity (2023):
- Total revenues: $400,152
- Total expenses: $1,215,179
- Investment income and dividends: $363,277
- Total grants, contributions, etc.: $0
Staffing:
- Number of employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $19,053,619 | $14,570,248 | $15,385,275 |
| Revenue | $5,961,949 | $400,152 | $10,159,413 |
| Expenses | $1,478,578 | $1,215,179 | $986,249 |
| Qualifying Distributions | $1,347,650 | $1,007,175 | $915,150 |
| Net Investment Income | $4,222,691 | $290,415 | $6,510,774 |
| Distributable Amount | $933,718 | $856,151 | $422,638 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
205 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Francis W Parker School ($400,000), Children's Hospital of Chicago Foundation ($250,000), University of Michigan ($162,000).
| Recipient | Purpose | Amount |
|---|---|---|
| FRANCIS W PARKER SCHOOL CHICAGO, IL | GENERAL UNRESTRICTED CHARITABLE PURPOSE | $400,000 |
| CHILDREN'S HOSPITAL OF CHICAGO FOUNDATION CHICAGO, IL | GENERAL UNRESTRICTED CHARITABLE PURPOSE | $250,000 |
| UNIVERSITY OF MICHIGAN ANN ARBOR, MI | GENERAL UNRESTRICTED CHARITABLE PURPOSE | $162,000 |
| MUSEUM OF CONTEMPORY ART CHICAGO, IL | GENERAL UNRESTRICTED CHARITABLE PURPOSE | $127,500 |
| ANTI-CRUELTY SOCIETY CHICAGO, IL | GENERAL UNRESTRICTED CHARITABLE PURPOSE | $50,000 |
| CHICAGO PUBLIC MEDIA CHICAGO, IL | GENERAL UNRESTRICTED CHARITABLE PURPOSE | $50,000 |
| METRO CHICAGO HILLEL CHICAGO, IL | GENERAL UNRESTRICTED CHARITABLE PURPOSE | $30,000 |
| TROY HIGH SCHOOL TROY, MI | GENERAL UNRESTRICTED CHARITABLE PURPOSE | $30,000 |
| ANTI-DEFAMATION LEAGUE CHICAGO, IL | GENERAL UNRESTRICTED CHARITABLE PURPOSE | $25,000 |
| ILLINOIS HOLOCAUST MUSEUM & EDUCATION CENTER SKOKIE, IL | GENERAL UNRESTRICTED CHARITABLE PURPOSE | $25,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
The foundation is led by a board of directors with minimal staff:
- Matthew Bayer (President, Secretary, Treasurer, Director)
- Walter Bayer (Director)
- Priscilla Bayer (Director)
- Irene Joyce Yaung (Director)
All board members serve on a part-time basis (0.25 hours per week) with no compensation.
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Matthew Bayer | Pres/Sec/Treas/Dir | 0.25 | — |
| Walter Bayer | Director | 0.25 | — |
| Priscilla Bayer | Director | 0.25 | — |
| Irene Joyce Yaung | Director | 0.25 | — |
Contact Information
Address: 7852 Sayre Ave Bridgeview, IL 60455-4800
Phone: 708-793-5904
EIN: 06-1789656
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Bayer Family Foundation fund?
The foundation does not have a publicly stated mission statement. However, based on its grantmaking activity, the foundation supports: • Education • Philanthropy, Voluntarism & Grantmaking • Human Services The foundation provides general unrestricted charitable purpose grants to its recipients.
How do I apply for a grant from Bayer Family Foundation?
**Grant Activity:** • Made 34 grants in 2023 • Made 48 grants in the most recent filing period • Total giving: $1,347,650 (2024 filing) **Grant Sizes:** • Typical awards range from $900 to $400,000 • Median grant amount: $10,000 • Maximum grant amount: $250,000 **Recent Grant Recipients (2023):** • Ann & Robert H Lurie Children's Hospital of Chicago Foundation: $250,000 • Chicago Public Media: $50,000 • Troy High School Boosters Club: $50,000
Where does Bayer Family Foundation make grants?
The foundation primarily funds organizations in: • Illinois • Michigan • New York
What size grants does Bayer Family Foundation award?
In 2024, Bayer Family Foundation awarded 38 grants totaling $1.3M — an average of about $35K per grant, based on its IRS Form 990 filings.
How much is Bayer Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bayer Family Foundation reported a distributable amount of $934K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bayer Family Foundation's EIN?
Bayer Family Foundation's EIN (Employer Identification Number) is 06-1789656. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bayer Family Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Baird Foundation Inc
MILWAUKEE, WI
Assets
—
Grants
3,751
Total Given
$6.6M
The Chicago Community Trust
CHICAGO, IL
Assets
$6.0B
Grants
3,976
Total Given
$1.4B
The Cigna Group Foundation
PHILADELPHIA, PA
Assets
$127.2M
Grants
4,075
Total Given
$14.1M
Arthur J Gallagher Foundation
ROLLING MEADOWS, IL
Assets
—
Grants
2,692
Total Given
$1.6M
The Allstate Foundation
NORTHBROOK, IL
Assets
—
Grants
2,010
Total Given
$38.0M
Elks National Foundation Inc
CHICAGO, IL
Assets
$885.0M
Grants
1,485
Total Given
$31.9M
Baxter International Foundation
DEERFIELD, IL
Assets
$67.5M
Grants
1,300
Total Given
$13.7M
John D and Catherine T Macarthur
CHICAGO, IL
Assets
$9.3B
Grants
1,086
Total Given
$356.1M
Arie and Ida Crown Memorial
CHICAGO, IL
Assets
—
Grants
897
Total Given
$115.2M
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Verizon Foundation
BASKING RIDGE, NJ
Assets
$23.8M
Grants
5,464
Total Given
$7.0M
More Funders in Illinois
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.