Bobs Discount Furniture is a private foundation focused on Education, based in WEST HARTFORD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $214K in total assets. In 2024, it awarded 1 grants totaling $228K. Net investment income was $15K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$214K
-53.5% YoY
Annual Giving
$228K
+30.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$228K
+30.3% YoY
Under IRS private-foundation payout rules, Bobs Discount Furniture reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About Bobs Discount Furniture
Based on IRS filings
Bobs Discount Furniture is a private foundation focused on Education, based in WEST HARTFORD, CT. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $214K in total assets. In 2024, it awarded 1 grants totaling $228K. Net investment income was $15K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $213,595 | $459,431 | $644,046 |
| Revenue | $17,034 | $23,981 | $2,982 |
| Expenses | $262,870 | $208,596 | $219,987 |
| Qualifying Distributions | $260,888 | $207,057 | $218,609 |
| Net Investment Income | $15,364 | $22,464 | $1,604 |
| Distributable Amount | $17,111 | $28,591 | $39,913 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Scholarship America ($228,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SCHOLARSHIP AMERICA ST PETER, MN | SCHOLARSHIP | $228,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HOWARD KATZ | DIRECTOR AND TREASURER | 0.2 | — |
| PATRICIA DAVIES | DIRECTOR AND SECRETARY | 1 | — |
| ROBERT KAUFMAN | DIRECTOR AND PRESIDENT | 0.2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Bobs Discount Furniture?
Bobs Discount Furniture is a private foundation focused on Education, based in WEST HARTFORD, CT. It holds $214K in total assets as of 2024.
How large is Bobs Discount Furniture?
As of 2024, Bobs Discount Furniture holds $214K in total assets with $17K in annual revenue. It awarded 1 grants totaling $228K in 2024.
Where does Bobs Discount Furniture operate?
Bobs Discount Furniture has awarded grants in Minnesota.
What size grants does Bobs Discount Furniture award?
In 2024, Bobs Discount Furniture awarded 1 grants totaling $228K — an average of about $228K per grant, based on its IRS Form 990 filings.
How much is Bobs Discount Furniture required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Bobs Discount Furniture reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Bobs Discount Furniture's EIN?
Bobs Discount Furniture's EIN (Employer Identification Number) is 84-4042129. 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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