BI-LO Holdings Foundation Inc

Private foundation · Grantmaker Jacksonville, FL EIN: 59-0995428

BI-LO Holdings Foundation Inc is a private foundation based in Jacksonville, Florida. It makes grants to local nonprofit 501(c)(3) organizations serving people in Alabama, Florida, Georgia, Louisiana, and Mississippi, with stated focus areas that include hunger, women and children, health, and education initiatives.

Key facts about BI-LO Holdings Foundation Inc

In short: BI-LO Holdings Foundation Inc gave $1.3M across 63 grants in 2024 (avg $21K), mostly in Florida. 42% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
59-0995428
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,345,896
Grants made (2024)
63
Average grant
$21,363
Median grant
$10,000
New grantees (estimate)
42% first-time grantees (25 of 60, 2024)
Total assets
$2,819,637
Primary geography
Florida (62% of itemized 2024 grant dollars)
How to apply
The foundation says it has formal grant guidelines and an application process. Full details ↓
Deadline
Requests for gifts are accepted throughout the year.

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

+47.1% YoY

Annual Giving

$1.3M

-27.1% YoY

Grant Count

63

+26.0% YoY

Avg Grant Size

$21K

-42.1% YoY

Under IRS private-foundation payout rules, BI-LO Holdings Foundation Inc reported a distributable amount of $119K for 2024 — the minimum it must pay out in qualifying distributions.

Is BI-LO Holdings Foundation Inc open to new grantees?

42%

first-time grantees, 2024

In 2024, 25 of 60 grantees (42%) were first-time recipients. First grants averaged $14K; repeat grants $28K. How we count

Medians: $10K first-time, $10K repeat.

  • 53% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+8%). Method
  • In 2024 it paid out well above 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.

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

Mission & Focus Areas

The foundation’s stated objective is to benefit people in Alabama, Florida, Georgia, Louisiana, and Mississippi. It makes grants to local nonprofit 501(c)(3) organizations in those states focused on hunger, women and children, health, and education initiatives.

Grantees illustrate the range of supported work. Feeding the Gulf Coast describes itself as a food distribution center providing nutritionally balanced food to people facing hunger across counties in Alabama, Florida, and Mississippi. The Community Food Bank of Central Alabama says its mission is to feed people in need and foster collaborative solutions to end hunger. College Choice Foundation describes its work as supporting high-achieving students from low-income backgrounds to enter, attend, and graduate from college.

Grantmaking

In filing year 2024, the foundation reported 63 grants totaling $1,345,896. Grants ranged from $5,000 to $350,000, with a median of $10,000. The largest grants included $350,000 to American Red Cross Northeast Florida for disaster relief operational support, $141,681 to Folds of Honor for military and veterans operational support, and $100,000 each to Feeding America National Headquarters for hunger relief operational support and WE Care for operational support.

Review Cycle

Requests for gifts are accepted throughout the year.

How to Apply

. Applicants must submit the grant application, board list, grant proposal narrative, and a copy of the IRS 501(c)(3) tax-exempt status determination letter. For a request involving another program, a progress report must also be included with the new proposal. The application and narrative instructions are attached to the materials described on the filing.

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Geographic Focus

Where this funder awards grants

The foundation states that its grants are limited to local nonprofit 501(c)(3) organizations serving people in Alabama, Florida, Georgia, Louisiana, and Mississippi. In 2024, the largest shares of grant dollars by recipient state were Florida (62%), Oklahoma (11%), Alabama (8%), Illinois (7%), and Louisiana (6%).

Grant Distribution by State

9states

Share of 2024 grant dollars across all 63 itemized grants.

Cities

JacksonvilleNew OrleansOrlandoBirminghamTampaWest Palm BeachBaton RougeFort LauderdalePembroke ParkTheodoreTulsaBunnellChicagoMiami LakesPrairievilleTuscaloosaHoustonMetairieTampa BayColumbus

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M27 grants2020 36 grants2021 47 grants2022 50 grants2023 63 grants2024

From 2020 to 2024, annual grant giving ranged from $1.3M (2021) to $2.1M (2022). In 2024 it made 63 grants totaling $1.3M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

American Red Cross Northeast Florida: $350KAmerican Red Cross NortheastFlorida$350KFolds of Honor: $142KFolds of Honor$142KFeeding America National Headqurters: $100KFeeding America NationalHeadqurters$100KWE Care: $100KWE Care$100KFeeding NE Florida: $31K across 2 grantsFeeding NE Florida$31K · 2 grantsFeeding Tampa Bay: $30K across 2 grantsFeeding Tampa Bay$30K · 2 grantsMaliVai Washington Youth Foundation: $30K across 2 grantsMaliVai Washington YouthFoundation$30K · 2 grantsCommunity Food Bank of Central Alabama: $20KCommunity Food Bank of CentralAlabama$20KFeeding South Floirda: $20KFeeding South Floirda$20KFeeding The Gulf Coast: $20KFeeding The Gulf Coast$20K

The largest 2024 recipient was American Red Cross Northeast Florida ($350K). Together the top 10 received $842K.

Grant Size Distribution

223 grants across all recorded years

204<$50K1$50–100K6$100–250K10$250–500K2$500K–1M$1–5M$5M+

The most common grant size was under $50K: 204 grants of 223 (91%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
American Red Cross Northeast Florida Jacksonville, FLDisaster Relief - Operational Support$350,000
Folds of Honor Tulsa, OKMilitary/Veterans - Operational Support$141,681
Feeding America National Headqurters Chicago, ILHunger Relief - Operational Support$100,000
WE Care Jacksonville, FLOperational Support$100,000
Feeding NE Florida Jacksonville, FLHunger Relief - Operational Support$20,715
Community Food Bank of Central Alabama Birmingham, ALHunger Relief - Operational Support$20,000
Feeding South Floirda Pembroke Park, FLHunger Relief - Operational Support$20,000
Feeding Tampa Bay Tampa, FLHunger Relief - Operational Support$20,000
Feeding The Gulf Coast Theodore, ALHunger Relief - Operational Support$20,000
MaliVai Washington Youth Foundation Jacksonville, FLRomay Davis - Operational Support$20,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grant sum Grant count
2024 $2,819,637 $4,152,286 $3,020,469 $1,345,896 63
2023 $1,916,597 $3,134,604 $3,146,166 $1,846,292 50
2022 $1,809,382 $2,147,643 $3,300,355 $2,133,426 47
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,819,637$1,916,597$1,809,382
Revenue$4,152,286$3,134,604$2,147,643
Expenses$3,020,469$3,146,166$3,300,355
Qualifying Distributions$1,471,726$1,847,667$2,359,836
Net Investment Income$45,350$4,801—
Distributable Amount$119,026$104,240$111,574

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

BI-LO Holdings Foundation Inc is led by Raymond Rhee, President on every filing since 2021; none of the 5 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Raymond Rhee

    President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Kenneth Jones

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • M Sandlin Grimm

    V.p. & Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Amy Pierce

    V.p. & Assistant Treasurer

    On filings since 2022

    1 hr/week

    No compensation reported

  • Meredith Hurley

    Vice President

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Zack Bingham (2021) — Vice President
  • Former: Elizabeth Thompson (2020) — President

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.

Contact

Application contact: Meredith Hurley
Mailing address: 5050 Edgewood Court, Jacksonville, FL 32254
Phone: (904) 783-5000

Frequently asked questions about BI-LO Holdings Foundation Inc

How much does BI-LO Holdings Foundation Inc give each year?

BI-LO Holdings Foundation Inc gave $1.3M across 63 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.8M across 50 grants.

What is BI-LO Holdings Foundation Inc's typical grant size?

BI-LO Holdings Foundation Inc's median grant in 2024 was $10,000, and its average grant was $21,363, across 63 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from BI-LO Holdings Foundation Inc that year got $14K on average.

Where does BI-LO Holdings Foundation Inc give grants?

BI-LO Holdings Foundation Inc gives mostly in Florida: 62% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Oklahoma (11%) and Alabama (8%). The most frequent recipient cities were Jacksonville, FL (21 grants), Birmingham, AL (7 grants), New Orleans, LA (4 grants) and Orlando, FL (3 grants).

Does BI-LO Holdings Foundation Inc give general operating support?

Yes: 100% of BI-LO Holdings Foundation Inc's 2024 grants with a stated purpose (63 of 63) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are BI-LO Holdings Foundation Inc's largest grantees?

BI-LO Holdings Foundation Inc's largest 2024 grantees include American Red Cross Northeast Florida ($350,000), Folds of Honor ($141,681) and Feeding America National Headqurters ($100,000), according to its 2024 IRS Form 990-PF. Together they received 44% of its itemized 2024 grant dollars.

How large is BI-LO Holdings Foundation Inc?

BI-LO Holdings Foundation Inc reported $2.8M in total assets on its 2024 IRS Form 990-PF. It paid out $1.5M in qualifying distributions that year, against a required minimum of $119K (roughly 5% of its investment assets).

What does BI-LO Holdings Foundation Inc fund?

The foundation’s stated objective is to benefit people in Alabama, Florida, Georgia, Louisiana, and Mississippi. It makes grants to local nonprofit 501(c)(3) organizations in those states focused on hunger, women and children, health, and education initiatives. See mission & focus areas ↑

How do I apply for a grant from BI-LO Holdings Foundation Inc?

The foundation says it has formal grant guidelines and an application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is BI-LO Holdings Foundation Inc's EIN?

BI-LO Holdings Foundation Inc's EIN (Employer Identification Number) is 59-0995428. IRS Form 990 filing data is available on this page for 2020–2024.

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

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