Bemc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENWICH, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33.4M in total assets. In 2024, it awarded 2 grants totaling $6.4M. Net investment income was $2.9M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$33.4M
-9.7% YoY
Annual Giving
$6.4M
+298.3% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$3.2M
+298.3% YoY
Under IRS private-foundation payout rules, Bemc Foundation reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.
About Bemc Foundation
Based on IRS filings
Bemc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENWICH, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $33.4M in total assets. In 2024, it awarded 2 grants totaling $6.4M. Net investment income was $2.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $33,443,739 | $37,043,895 | $36,762,407 |
| Revenue | $2,886,538 | $1,909,469 | $114,401 |
| Expenses | $6,486,694 | $1,627,981 | $1,844,009 |
| Qualifying Distributions | $6,446,663 | $1,621,799 | $1,840,625 |
| Net Investment Income | $2,872,592 | $1,906,081 | $114,401 |
| Distributable Amount | $2,139,080 | $2,189,713 | $2,206,927 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Clear Fund Dba Givewell ($4,000,000), Vox Media Future Perfect Project ($2,418,054).
| Recipient | Purpose | Amount |
|---|---|---|
| THE CLEAR FUND DBA GIVEWELL OAKLAND, CA | TO SUPPORT ORGANIZATION'S CHARITABLE ACTIVITIES | $4,000,000 |
| VOX MEDIA FUTURE PERFECT PROJECT WASHINGTON, DC | DURING 2024 THE FUTURE PERFECT PROGRAM EXPANDED COVERAGE ON AI SAFETY, PUBLIC HEALTH, ANIMAL WELFARE, ECONOMIC DEVELOPMENT, AND POLICYMAKING.THE PROGRAM PROVIDED READERS WITH INDEPTH ANALYSIS AND PRACTICAL SOLUTIONS TO GLOBAL CHALLENGES. FUTURE PERFECT REMAINS COMMITTED TO HIGHLIGHTING NEGLECTED ISSUES THROUGH RIGOROUS, SOLUTIONS-FOCUSED REPORTING. | $2,418,054 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES MCCLAVE | PRES/DIRECTOR/TREASURER | 5 | — |
| EMILY BERGER | DIRECTOR/SECRETARY | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bemc Foundation?
Bemc Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GREENWICH, CT. It holds $33.4M in total assets as of 2024.
How large is Bemc Foundation?
As of 2024, Bemc Foundation holds $33.4M in total assets with $2.9M in annual revenue. It awarded 2 grants totaling $6.4M in 2024.
Where does Bemc Foundation operate?
Bemc Foundation has awarded grants in California, District of Columbia.
What size grants does Bemc Foundation award?
In 2024, Bemc Foundation awarded 2 grants totaling $6.4M — an average of about $3.2M per grant, based on its IRS Form 990 filings.
How much is Bemc Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bemc Foundation reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bemc Foundation's EIN?
Bemc Foundation's EIN (Employer Identification Number) is 85-4281986. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Bemc Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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