Bmam Foundation Inc
Bmam Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $39K in total assets. In 2024, it awarded 19 grants totaling $38K.
Key facts about Bmam Foundation Inc
- EIN
- 35-2089228
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $38,320
- Grants made (2024)
- 19
- Average grant
- $2,017
- Median grant
- $2,000
- New grantees (estimate)
- 21% first-time grantees (4 of 19, 2024)
- Total assets
- $38,707
- Primary geography
- Indiana (25% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Bmam Foundation Inc funds
By grant dollars, the top recipient states for Bmam Foundation Inc's 19 itemized 2024 grants were Indiana (25%), North Carolina (14%) and Washington (10%). The most frequent recipient cities were Indianapolis, IN (4 grants) and Fredericksburg, VA (2 grants). None of its 19 grants with a stated purpose were described as general or operating support.
Is Bmam Foundation Inc open to new grantees?
21%
first-time grantees, 2024
In 2024, 4 of 19 grantees (21%) were first-time recipients. First grants averaged $2K; repeat grants $2K. How we count
Medians: $2K first-time, $2K repeat.
- 74% of 2024 grantees were also funded in 2023. Method
- Giving grew 44% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Bmam Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$39K
-0.2% YoY
Annual Giving
$38K
+3.3% YoY
Grant Count
19
+0.0% YoY
Avg Grant Size
$2K
+3.3% YoY
Under IRS private-foundation payout rules, Bmam Foundation Inc reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.
About Bmam Foundation Inc
Based on IRS filings
Bmam Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Indianapolis, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $39K in total assets. In 2024, it awarded 19 grants totaling $38K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 19 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $38,707 | $38,767 | $37,418 |
| Revenue | $40,022 | $40,000 | $40,000 |
| Expenses | $40,082 | $38,651 | $41,765 |
| Qualifying Distributions | $38,320 | $37,109 | $39,348 |
| Net Investment Income | — | — | — |
| Distributable Amount | $1,184 | $1,257 | $1,080 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Samaritan's Purse International Relief ($5,500), World Vision ($3,920), Good News Ministries ($3,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SAMARITAN'S PURSE INTERNATIONAL RELIEF Boone, NC | TO PROVIDE RESOURCES TO PROVIDE RELIEF AND EVANGELISM WORLDWIDE | $5,500 |
| WORLD VISION Federal Way, WA | SUPPORT THE MISSION OF CHRISTIANS WORKING TO HELP COMMUNITIES LIFT THEMSELVES OUT OF POVERTY FOR GOOD | $3,920 |
| GOOD NEWS MINISTRIES Indianapolis, IN | TO HELP PROVIDE FOR THE NEEDY AND POOR IN INDIANA | $3,000 |
| INTERNATIONAL JUSTICE MISSION Washington, DC | TO RESCUE AND RESTORE CHILDREN TRAPPED IN MODERN SLAVERY | $3,000 |
| SAVE THE CHILDREN Fairfield, CT | TO PROTECT CHILDREN IN CRISIS WORLDWIDE AND PROVIDE A HEALTHY START IN LIFE, AN OPPORTUNITY TO LEARN AND PROTECTION FROM HARMTO HELP CHILDREN AROUND THE WORLD GROW UP HEALTHY, EDUCATED AND SAFE | $2,500 |
| CIRCLE CITY RELIEF Indianapolis, IN | SUPPORT ORGANIZATION THAT EXISTS TO REVEAL JESUS CHRIST TO A STRUGGLING WORLD THROUGH ENGAGEMENT, THE PROVISION OF FOOD AND RESOURCES AND EVANGELISM. | $2,000 |
| CRU FOUNDATION Orlando, FL | SUPPORT FOR ORGANIZATION THAT OFFERS SPIRITUAL GUIDANCE, RESOURCES AND PROGRAMS FOR PEOPLE FROM ALL CULTURES. | $2,000 |
| FEEDING AMERICA Chicago, IL | SUPPORT FOR GROUP WITH MISSION TO FEED THOSE WHO ARE HUNGRY IN AMERICA. | $2,000 |
| HABITAT FOR HUMANITY Atlanta, GA | SUPPORT ORGANIZATION THAT BUILDS DECENT AND AFFORDABLE HOUSING FOR THOSE IN NEED | $2,000 |
| UNTO (FORMERLY GLOBAL AID NETWORK NOW PART OF CRU) Plano, TX | PROVIDE FOOD AND AGRICULTURE, CLEAN WATER, AND CRITICAL AID AS A WAY OF OPENING THE DOOR TO THE GOSPEL | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert a Luginbill | President, Treasurer, Dire | 1 | — |
| Margaret a Luginbill | Secretary, Director | 1 | — |
| Anne C Frank | Director | 0.1 | — |
| Michael R Luginbill | Director | 0.1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bmam Foundation Inc?
Bmam Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Indianapolis, IN. It holds $39K in total assets as of 2024.
How large is Bmam Foundation Inc?
As of 2024, Bmam Foundation Inc holds $39K in total assets with $40K in annual revenue. It awarded 19 grants totaling $38K in 2024.
Where does Bmam Foundation Inc operate?
Bmam Foundation Inc has awarded grants in Colorado, Connecticut, District of Columbia, Florida, Georgia, Illinois, Indiana, Michigan, North Carolina, Ohio, Pennsylvania, Texas, Virginia, Washington.
What size grants does Bmam Foundation Inc award?
In 2024, Bmam Foundation Inc awarded 19 grants totaling $38K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Bmam Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bmam Foundation Inc reported a distributable amount of $1K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bmam Foundation Inc's EIN?
Bmam Foundation Inc's EIN (Employer Identification Number) is 35-2089228. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.