Bayless Family Foundation

Private foundation · Grantmaker Chicago, IL EIN: 81-4588609

Bayless Family Foundation is a private foundation based in Chicago, Illinois. In its 2024 filing, it reported 11 grants totaling $666,814, all to Illinois recipients; the listed grant purposes concern supporting the arts.

Bayless Family Foundation at a glance

In short: Bayless Family Foundation gave $667K across 11 grants in 2024 (avg $61K), mostly in Illinois. 18% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$666,814
+74.7% vs 2023
Grants made (2024)
11
+37.5% vs 2023
Average grant
$60,619
+27.0% vs 2023
Median grant
$50,000
Total assets
$5,150,430
-2.0% vs 2023
New grantees (estimate)
18% first-time grantees (2 of 11, 2024; small sample)
Primary geography
Illinois (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Bayless Family Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations.

Contact

Mailing address: 445 N Clark St, Chicago, IL 60654

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Bayless Family Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Industrial Council of Nearwest Chicago (Icnc): $132KIndustrial Council of NearwestChicago (Icnc)$132KDefinition Theatre Company: $120KDefinition Theatre Company$120KTimeline Theatre Company: $120KTimeline Theatre Company$120KChicago Children's Theatre: $100KChicago Children's Theatre$100KShattered Globe Theatre: $50KShattered Globe Theatre$50KTheatre Wit: $50KTheatre Wit$50KRemy Bumppo Theatre Company: $50KRemy Bumppo Theatre Company$50KFilament Theatre: $25KFilament Theatre$25KLookingglass Theatre Company: $10KLookingglass Theatre Company$10KChicago Public Media: $5KChicago Public Media$5K

The largest 2024 recipient was Industrial Council of Nearwest Chicago (Icnc) ($132K). Together the top 10 received $662K.

Grant Size Distribution

55 grants across all recorded years

30<$50K16$50–100K9$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 30 grants of 55 (55%).

Geographic Focus

Where this funder awards grants

All grant dollars reported for 2024 went to recipients in Illinois.

Grant Distribution by State

2states

Share of 2024 grant dollars across all 11 itemized grants.

Cities

ChicagoWilmetteBarringtonOak ParkVernon Hills

Is Bayless Family Foundation open to new grantees?

18%

first-time grantees, 2024

In 2024, 2 of 11 grantees (18%) were first-time recipients. With only 11 grantees, that is a small sample: one grantee more or less moves the share by about 9 points. First grants averaged $75K; repeat grants $57K. How we count

Medians: $75K first-time, $50K repeat.

  • 64% of 2024 grantees were also funded in 2023. Method
  • Giving grew 60% from 2021 to 2024. Method
  • In 2024 it paid out 261% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K9 grants2020 18 grants2021 9 grants2022 8 grants2023 11 grants2024

From 2020 to 2024, annual grant giving ranged from $370K (2022) to $667K (2024). In 2024 it made 11 grants totaling $667K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Industrial Council of Nearwest Chicago (Icnc) Chicago, ILTo promote, encourage, and support the expression or application of human creative skill and imagination through all forms of the arts, including literature, performing arts, visual arts, media arts, and culinary arts.$131,814
Definition Theatre Company Chicago, ILTo promote, encourage, and support the expression or application of human creative skill and imagination through all forms of the arts, including literature, performing arts, visual arts, media arts, and culinary arts.$120,000
Timeline Theatre Company Chicago, ILTo promote, encourage, and support the expression or application of human creative skill and imagination through all forms of the arts, including literature, performing arts, visual arts, media arts, and culinary arts.$120,000
Chicago Children's Theatre Chicago, ILTo promote, encourage, and support the expression or application of human creative skill and imagination through all forms of the arts, including literature, performing arts, visual arts, media arts, and culinary arts.$100,000
Shattered Globe Theatre Chicago, ILTo promote, encourage, and support the expression or application of human creative skill and imagination through all forms of the arts, including literature, performing arts, visual arts, media arts, and culinary arts.$50,000
Theatre Wit Chicago, ILTo promote, encourage, and support the expression or application of human creative skill and imagination through all forms of the arts, including literature, performing arts, visual arts, media arts, and culinary arts.$50,000
Remy Bumppo Theatre Company Chicago, ILTo promote, encourage, and support the expression or application of human creative skill and imagination through all forms of the arts, including literature, performing arts, visual arts, media arts, and culinary arts.$50,000
Filament Theatre Chicago, ILTo promote, encourage, and support the expression or application of human creative skill and imagination through all forms of the arts, including literature, performing arts, visual arts, media arts, and culinary arts.$25,000
Lookingglass Theatre Company Chicago, ILTo promote, encourage, and support the expression or application of human creative skill and imagination through all forms of the arts, including literature, performing arts, visual arts, media arts, and culinary arts.$10,000
Chicago Public Media Chicago, ILTo promote, encourage, and support the expression or application of human creative skill and imagination through all forms of the arts, including literature, performing arts, visual arts, media arts, and culinary arts.$5,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$5,150,430$633,196$739,349$666,81411$666,814$412,195$255,172
2023$5,256,583$573,663$461,892$381,7348$381,734$313,192$245,998
2022$5,144,812$283,913$414,255$369,5279$369,527$149,830$253,150
2021$5,275,154$445,597$484,413$416,00018$416,000$424,053$277,488
2020$5,313,970$134,108$532,132$461,0009—$142,586$248,861

Under IRS private-foundation payout rules, Bayless Family Foundation reported a distributable amount of $255K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No foundation mission statement is provided. The 2024 grant purposes describe support for creative expression across the arts, including literature, performing, visual, media, and culinary arts. Grantees include theatre companies and a public media organization.

Grantees’ own mission statements illustrate their work: Definition Theatre Company says it celebrates stories created with, inspired by, and intended for people and communities of color. Timeline Theatre Company says it presents history-inspired stories connected to current social and political issues and produces theatre and education programs. Chicago Children’s Theatre says it aims to enrich the community through diverse theatrical and educational programming. Shattered Globe Theatre describes its work as reimagining classic works and presenting new voices and viewpoints. Remy Bumppo Theatre Company says it produces plays from the past and present to expand and enrich its community’s view of the world. Chicago Public Media says its mission is to strengthen local communities and democracy through independent local journalism.

Grantmaking

In 2024, the foundation reported 11 grants totaling $666,814. Grant amounts ranged from $5,000 to $131,814, with a median of $50,000.

Among the listed grants were $131,814 to Industrial Council of Nearwest Chicago (ICNC); $120,000 each to Definition Theatre Company and Timeline Theatre Company; $100,000 to Chicago Children’s Theatre; and $50,000 each to Shattered Globe Theatre, Theatre Wit, and Remy Bumppo Theatre Company. Other recipients included Filament Theatre ($25,000), Lookingglass Theatre Company ($10,000), Chicago Public Media ($5,000), and Porchlight Music Theatre ($5,000).

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Richard L Bayless as treasurer; Deann Bayless as president; Lane Bayless Sullivan as secretary; and Kevin Sullivan and Melissa Cameron as directors.

Bayless Family Foundation is led by Deann Bayless, President on every filing since 2020; 1 of 5 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Deann Bayless

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kevin Sullivan

    Director

    On filings since 2020

    1 hr/week

    $25K (2020) → $45K (2024)

  • Melissa Cameron

    Director

    On filings since 2021

    1 hr/week

    No compensation reported

  • Lane Bayless Sullivan

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Richard L. Bayless

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Kevin Sullivan — Director: $45KKevin SullivanDirector$45K

The highest reported compensation on the 2024 filing was $45K, to Kevin Sullivan (Director).

Frequently asked questions about Bayless Family Foundation

How much does Bayless Family Foundation give each year?

Bayless Family Foundation gave $667K across 11 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $382K across 8 grants.

What is Bayless Family Foundation's typical grant size?

Bayless Family Foundation's median grant in 2024 was $50,000, and its average grant was $60,619, across 11 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Bayless Family Foundation that year got $75K on average.

Where does Bayless Family Foundation give grants?

Bayless Family Foundation gives mostly in Illinois: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (11 grants).

Does Bayless Family Foundation give general operating support?

Not in 2024: none of the 11 grants with a stated purpose on Bayless Family Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are Bayless Family Foundation's largest grantees?

Bayless Family Foundation's largest 2024 grantees include Industrial Council of Nearwest Chicago (Icnc) ($131,814), Definition Theatre Company ($120,000) and Timeline Theatre Company ($120,000), according to its 2024 IRS Form 990-PF. Together they received 56% of its itemized 2024 grant dollars.

How large is Bayless Family Foundation?

Bayless Family Foundation reported $5.2M in total assets on its 2024 IRS Form 990-PF. It paid out $667K in qualifying distributions that year, against a required minimum of $255K (roughly 5% of its investment assets).

What does Bayless Family Foundation fund?

No foundation mission statement is provided. The 2024 grant purposes describe support for creative expression across the arts, including literature, performing, visual, media, and culinary arts. Grantees include theatre companies and a public media organization. See mission & focus areas ↑

How do I apply for a grant from Bayless Family Foundation?

The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Bayless Family Foundation's EIN?

Bayless Family Foundation's EIN (Employer Identification Number) is 81-4588609. IRS Form 990 filing data is available on this page for 2020–2024.

Does Bayless Family Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Bayless Family Foundation funder profile. GrantGraph. Retrieved October 16, 2026, from https://grantable.co/funders/bayless-family-foundation-morg_5be751d97144424c9101ddaf712a6fa6

BibTeX
@misc{grantable_814588609_2026,
  author       = {{Grantable}},
  title        = {{Bayless Family Foundation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/bayless-family-foundation-morg_5be751d97144424c9101ddaf712a6fa6},
  note         = {Accessed 2026-10-16. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Bayless Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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