BG Foundation

Private foundation · Grantmaker Vernon Hills, IL EIN: 84-2157406

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

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

RiverwoodsOakbrook TerraceBarrington

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K$80K2 grants2021 1 grant2022 2 grants2023 2 grants2024 2 grants2025

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

Center for Enriched Living: $37KCenter for Enriched Living$37KThe HAP Foundation: $37KThe HAP Foundation$37K

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

8<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 9 (89%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Center for Enriched Living Riverwoods, ILCharitable$37,400
The HAP Foundation Oakbrook Terrace, ILCharitable$37,400

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$25K$50K$75K$100K2021 2022 2023 2024 2025
Metric202520242023
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

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  2. 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.

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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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