Bmw Family Foundation

JACKSON, NJ EIN: 81-3055246

Bmw Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $104K in total assets. In 2024, it awarded 9 grants totaling $108K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$104K

-43.5% YoY

Annual Giving

$108K

-4.2% YoY

Grant Count

9

-50.0% YoY

Avg Grant Size

$12K

+91.5% YoY

Under IRS private-foundation payout rules, Bmw Family Foundation reported a distributable amount of $5K for 2024 — the minimum it must pay out in qualifying distributions.

About Bmw Family Foundation

Based on IRS filings

Bmw Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $104K in total assets. In 2024, it awarded 9 grants totaling $108K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

BaltimoreBrooklynJacksonLakewoodMonseySuffernVarious

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$48K$97K$145K$194K20202021202220232024
Metric202420232022
Total Assets$104,316$184,472$249,862
Revenue$28,000$47,550$176,300
Expenses$108,156$112,940$110,694
Qualifying Distributions$108,056$112,840$110,344
Net Investment Income
Distributable Amount$4,586$6,507$5,669

Giving Over Time

Total grant dollars and number of grants per year

$0$28K$56K$85K$113K10 grants202015 grants202112 grants202218 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Congregeation Khal Lev S…$87KCongregation Ahavas Tzdo…$11KThe OJC Fund$9KYeshivas Mir Yerushalayim$500Hatzolah of Boro Park$216BNOS HADASSAH$150Lev With Love Inc$100Keren Halbusha Inc$36Yeshivat Leluv of Jerusa…$36

Grant Size Distribution

64 grants across all recorded years

61<$50K3$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Congregeation Khal Lev Simcha ($87,018), Congregation Ahavas Tzdokah Vchesed ($11,000), The OJC Fund ($9,000).

RecipientPurposeAmount
The OJC Fund Brooklyn, NYFURTHERANCE OF CHARITABLE ACTIVITIES$9,000
Congregeation Khal Lev Simcha Jackson, NJFURTHERANCE OF CHARITABLE ACTIVITIES$87,018
Hatzolah of Boro Park Brooklyn, NYFURTHERANCE OF CHARITABLE ACTIVITIES$216
Yeshivas Mir Yerushalayim Brooklyn, NYFURTHERANCE OF CHARITABLE ACTIVITIES$500
Lev With Love Inc LAKEWOOD, NJFURTHERANCE OF CHARITABLE ACTIVITIES$100
BNOS HADASSAH Lakewood, NJFURTHERANCE OF CHARITABLE ACTIVITIES$150
Congregation Ahavas Tzdokah Vchesed Brooklyn, NYFURTHERANCE OF CHARITABLE ACTIVITIES$11,000
Keren Halbusha Inc BROOKLYN, NYFURTHERANCE OF CHARITABLE ACTIVITIES$36
Yeshivat Leluv of Jerusalem Inc Baltimore, MDFURTHERANCE OF CHARITABLE ACTIVITIES$36

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Michael WeberPresident

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bmw Family Foundation?

Bmw Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in JACKSON, NJ. It holds $104K in total assets as of 2024.

How large is Bmw Family Foundation?

As of 2024, Bmw Family Foundation holds $104K in total assets with $28K in annual revenue. It awarded 9 grants totaling $108K in 2024.

Where does Bmw Family Foundation operate?

Bmw Family Foundation has awarded grants in Maryland, New Jersey, New York.

What size grants does Bmw Family Foundation award?

In 2024, Bmw Family Foundation awarded 9 grants totaling $108K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Bmw Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bmw Family Foundation reported a distributable amount of $5K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bmw Family Foundation's EIN?

Bmw Family Foundation's EIN (Employer Identification Number) is 81-3055246. 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.

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