BG Foundation
BG Foundation is a private foundation, based in Vernon Hills, IL. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $1K in total assets. In 2025, it awarded 2 grants totaling $75K.
Key facts about BG Foundation
In short: BG Foundation gave $75K across 2 grants in 2025 (avg $37K), mostly in Illinois. Source: 2025 IRS Form 990-PF.
- EIN
- 84-2157406
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $74,800
- Grants made (2025)
- 2
- Average grant
- $37,400
- Median grant
- $37,400
- Total assets
- $1,022
- Primary geography
- Illinois (100% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1K
+237.3% YoY
Annual Giving
$75K
+3.9% YoY
Grant Count
2
+0.0% YoY
Avg Grant Size
$37K
+3.9% YoY
Under IRS private-foundation payout rules, BG Foundation reported a distributable amount of $730 for 2025 — the minimum it must pay out in qualifying distributions.
How BG Foundation gives
- Giving grew 21% from 2022 to 2025. Method
- In 2025 it paid out well above 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 2025 grant dollars across all 2 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $49K (2021) to $75K (2025). In 2025 it made 2 grants totaling $75K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Center for Enriched Living ($37K). Together the top 2 received $75K.
Grant Size Distribution
9 grants across all recorded years
The most common grant size was under $50K: 8 grants of 9 (89%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Center for Enriched Living Riverwoods, IL | Charitable | $37,400 |
| The HAP Foundation Oakbrook Terrace, IL | Charitable | $37,400 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,022 | $303 | $359 |
| Revenue | $78,466 | $74,931 | $63,944 |
| Expenses | $77,747 | $74,987 | $63,997 |
| Qualifying Distributions | $74,800 | $72,000 | $60,800 |
| Distributable Amount | $730 | $877 | $583 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
BG Foundation's 2025 filing lists 3 officers; none of the 3 officers listed in 2025 report compensation.
Officers on the 2025 filing
Fred Blitt
Board of Directors
On filings since 2021
1 hr/week
No compensation reported
Jan Gaines
Board of Directors
On filings since 2021
1 hr/week
No compensation reported
Sally Blitt
Board of Directors
On filings since 2021
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2021–2025. "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 BG Foundation
How much does BG Foundation give each year?
BG Foundation gave $75K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $72K across 2 grants.
How large is BG Foundation?
BG Foundation reported $1K in total assets on its 2025 IRS Form 990-PF. It paid out $75K in qualifying distributions that year, against a required minimum of $730 (roughly 5% of its investment assets).
Where does BG Foundation operate?
BG Foundation has awarded grants in Illinois.
What is BG Foundation's EIN?
BG Foundation's EIN (Employer Identification Number) is 84-2157406. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching BG Foundation by hand.
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Cite this profile
Grantable. (2026). BG Foundation funder profile. GrantGraph. Retrieved October 4, 2026, from https://grantable.co/funders/bg-foundation-morg_395b76a5398c44b5b0db6349d3d375e8
BibTeX
@misc{grantable_842157406_2026,
author = {{Grantable}},
title = {{BG Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/bg-foundation-morg_395b76a5398c44b5b0db6349d3d375e8},
note = {Accessed 2026-10-04. 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 BG 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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