Bedford Foundation
Bedford Foundation is a private foundation, based in New York, NY. IRS filing data is available from 2019 through 2023. As of 2023, the organization holds $2.4M in total assets. In 2023, it awarded 3 grants totaling $325K. Net investment income was $127K.
Key facts about Bedford Foundation
In short: Bedford Foundation gave $325K across 3 grants in 2023 (avg $108K), mostly in New York. Source: 2023 IRS Form 990-PF.
- EIN
- 45-1496360
- Latest 990 filing
- Form 990-PF, 2023
- Annual giving (2023)
- $325,000
- Grants made (2023)
- 3
- Average grant
- $108,333
- Median grant
- $80,000
- Total assets
- $2,435,772
- Primary geography
- New York (100% of itemized 2023 grant dollars)
Data from IRS Form 990-PF, 2023; updated October 2026.
Financial Overview
From 2023 IRS Form 990-PF · View filing
Total Assets
$2.4M
-12.0% YoY
Annual Giving
$325K
+132.1% YoY
Grant Count
3
+50.0% YoY
Avg Grant Size
$108K
+54.8% YoY
Under IRS private-foundation payout rules, Bedford Foundation reported a distributable amount of $118K for 2023 — the minimum it must pay out in qualifying distributions.
How Bedford Foundation gives
- Giving grew 103% from 2020 to 2023. Method
- In 2023 it paid out 275% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2023 grant dollars across all 3 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2023, annual grant giving ranged from $100K (2021) to $325K (2023). In 2023 it made 3 grants totaling $325K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2023
The largest 2023 recipient was Keren Bnos Menachem ($180K). Together the top 3 received $325K.
Grant Size Distribution
10 grants across all recorded years
The most common grant size was in the $50–100K range: 5 grants of 10 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Keren Bnos Menachem Brooklyn, NY | Organization to carry out their function to aid the donee | $180,000 |
| Tunnel to Towers Foundation Staten Island, NY | Organization to carry out their function to aid the donee | $80,000 |
| Elmys Special Services Brooklyn, NY | Organization to carry out their function to aid the donee | $65,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2023 | 2022 | 2021 |
|---|---|---|---|
| Total Assets | $2,435,772 | $2,766,704 | $3,007,054 |
| Revenue | $-106,151 | $192,437 | $247,257 |
| Expenses | $327,649 | $140,290 | $106,754 |
| Qualifying Distributions | $325,000 | $140,000 | — |
| Net Investment Income | $126,589 | $199,474 | $147,257 |
| Distributable Amount | $118,202 | $133,487 | $137,515 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2019 (received by the IRS January 15, 2020)
- Updated Form 990-PF for fiscal year 2020 (received by the IRS January 19, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS July 21, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS March 3, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS January 30, 2024)
- IRS filings on file for fiscal years 2019–2023
Leadership & Key People
Officers and directors from IRS filings
Bedford Foundation is led by Richard Abrazi, President on every filing since 2019; none of the 3 officers listed in 2023 report compensation.
Officers on the 2023 filing
Richard Abrazi
President
On filings since 2019
0.3 hrs/week
No compensation reported
Lilu Cantu
Trustee
On filings since 2019
0.3 hrs/week
No compensation reported
Bella Abrazi
Treasurer
On filings since 2019
0.3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Bedford Foundation
How much does Bedford Foundation give each year?
Bedford Foundation gave $325K across 3 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $140K across 2 grants.
What is Bedford Foundation's typical grant size?
Bedford Foundation's median grant in 2023 was $80,000, and its average grant was $108,333, across 3 grants on its 2023 IRS Form 990-PF.
Where does Bedford Foundation give grants?
Bedford Foundation gives mostly in New York: 100% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Brooklyn, NY (2 grants).
Does Bedford Foundation give general operating support?
Not in 2023: none of the 3 grants with a stated purpose on Bedford Foundation's 2023 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Organization to Carry Out Their Function to Aid the Donee" (3 grants).
How large is Bedford Foundation?
Bedford Foundation reported $2.4M in total assets on its 2023 IRS Form 990-PF. It paid out $325K in qualifying distributions that year, against a required minimum of $118K (roughly 5% of its investment assets).
What is Bedford Foundation's EIN?
Bedford Foundation's EIN (Employer Identification Number) is 45-1496360. IRS Form 990 filing data is available on this page for 2019–2023.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
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