BMW Family Foundation

Private foundation · Grantmaker Jackson, NJ EIN: 81-3055246

BMW Family Foundation is a private foundation, 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.

Key facts about BMW Family Foundation

In short: BMW Family Foundation gave $108K across 9 grants in 2024 (avg $12K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

EIN
81-3055246
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$108,056
Grants made (2024)
9
Average grant
$12,006
Median grant
$216
Total assets
$104,316
Primary geography
New Jersey (81% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

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.

How BMW Family Foundation gives

  • 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

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

3states

Share of 2024 grant dollars across all 9 itemized grants.

Cities

BrooklynLakewoodJacksonSuffernBaltimoreMonsey

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K10 grants2020 15 grants2021 12 grants2022 18 grants2023 9 grants2024

From 2020 to 2024, annual grant giving ranged from $21K (2020) to $113K (2023). In 2024 it made 9 grants totaling $108K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Congregeation Khal Lev Simcha: $87KCongregeation Khal Lev Simcha$87KCongregation Ahavas Tzdokah Vchesed: $11KCongregation Ahavas TzdokahVchesed$11KThe OJC Fund: $9KThe OJC Fund$9KYeshivas Mir Yerushalayim: $500Yeshivas Mir Yerushalayim$500Hatzolah of Boro Park: $216Hatzolah of Boro Park$216Bnos Hadassah: $150Bnos Hadassah$150Lev With Love Inc: $100Lev With Love Inc$100Keren Halbusha Inc: $36Keren Halbusha Inc$36Yeshivat Leluv of Jerusalem Inc: $36Yeshivat Leluv of JerusalemInc$36

The largest 2024 recipient was Congregeation Khal Lev Simcha ($87K). Together the top 9 received $108K.

Grant Size Distribution

64 grants across all recorded years

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

The most common grant size was under $50K: 61 grants of 64 (95%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Congregeation Khal Lev Simcha Jackson, NJFurtherance of Charitable Activities$87,018
Congregation Ahavas Tzdokah Vchesed Brooklyn, NYFurtherance of Charitable Activities$11,000
The OJC Fund Brooklyn, NYFurtherance of Charitable Activities$9,000
Yeshivas Mir Yerushalayim Brooklyn, NYFurtherance of Charitable Activities$500
Hatzolah of Boro Park Brooklyn, NYFurtherance of Charitable Activities$216
Bnos Hadassah Lakewood, NJFurtherance of Charitable Activities$150
Lev With Love Inc Lakewood, NJFurtherance of Charitable Activities$100
Keren Halbusha Inc Brooklyn, NYFurtherance of Charitable Activities$36
Yeshivat Leluv of Jerusalem Inc Baltimore, MDFurtherance of Charitable Activities$36

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$50K$100K$150K$200K2020 2021 2022 2023 2024
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
Distributable Amount$4,586$6,507$5,669

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

BMW Family Foundation is led by Michael Weber, President on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Michael Weber

    President

    On filings since 2020

    No compensation reported

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.

Frequently asked questions about BMW Family Foundation

How much does BMW Family Foundation give each year?

BMW Family Foundation gave $108K across 9 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $113K across 18 grants.

What is BMW Family Foundation's typical grant size?

BMW Family Foundation's median grant in 2024 was $216, and its average grant was $12,006, across 9 grants on its 2024 IRS Form 990-PF.

Where does BMW Family Foundation give grants?

BMW Family Foundation gives mostly in New Jersey: 81% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (19%). The most frequent recipient cities were Brooklyn, NY (5 grants) and Lakewood, NJ (2 grants).

Does BMW Family Foundation give general operating support?

Not in 2024: none of the 9 grants with a stated purpose on BMW Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Furtherance of Charitable Activities" (9 grants).

Who are BMW Family Foundation's largest grantees?

BMW Family Foundation's largest 2024 grantees include Congregeation Khal Lev Simcha ($87,018), Congregation Ahavas Tzdokah Vchesed ($11,000) and The OJC Fund ($9,000), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.

How large is BMW Family Foundation?

BMW Family Foundation reported $104K in total assets on its 2024 IRS Form 990-PF. It paid out $108K in qualifying distributions that year, against a required minimum of $5K (roughly 5% of its investment assets).

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.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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