Bonfare Markets Charitable Foundation

Public charity · Grantmaker Milpitas, CA EIN: 03-0511948

Aid general members of public. To help general members of public by giving charitable donation, this organization arranges annual golf tournament asking donation for charity.

Key facts about Bonfare Markets Charitable Foundation

In short: Bonfare Markets Charitable Foundation gave $35K across 3 grants in 2025 (avg $12K), mostly in California. Source: 2025 IRS Form 990.

EIN
03-0511948
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$35,000
Grants made (2025)
3
Average grant
$11,667
Median grant
$10,000
Total assets
$122,578
Primary geography
California (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$123K

-22.4% YoY

Annual Giving

$35K

-93.6% YoY

Grant Count

3

-57.1% YoY

Avg Grant Size

$12K

-85.0% YoY

How Bonfare Markets Charitable Foundation gives

  • Giving fell 68% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Bonfare Markets Charitable Foundation

Based on IRS filings

Bonfare Markets Charitable Foundation is a public charity, based in Milpitas, CA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $123K in total assets. In 2025, it awarded 3 grants totaling $35K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of 2025 grant dollars across all 3 itemized grants.

Cities

Redwood ValleySan JoseBelmontAlvisoFremontSan RamonUnion CityRenoSan CarlosSan FranciscoSunnyvale

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K0 grants2020 3 grants2021 3 grants2022 7 grants2023 7 grants2024 3 grants2025

From 2021 to 2025, annual grant giving ranged from $35K (2025) to $543K (2024). In 2025 it made 3 grants totaling $35K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Dhunanand Foundation: $20KDhunanand Foundation$20K360 Plus Foundation: $10K360 Plus Foundation$10KSikh Gurdwara San Jose: $5KSikh Gurdwara San Jose$5K

The largest 2025 recipient was Dhunanand Foundation ($20K). Together the top 3 received $35K.

Grant Size Distribution

23 grants across all recorded years

18<$50K2$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 18 grants of 23 (78%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Dhunanand Foundation San Ramon, CA—$20,000
360 Plus Foundation Redwood Valley, CA—$10,000
Sikh Gurdwara San Jose San Jose, CA—$5,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$200K$400K$600K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$122,578$158,021$525,031
Revenue$150$177,045$344,653
Expenses$35,593$544,055$217,788

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2025 (received by the IRS July 30, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Bonfare Markets Charitable Foundation's only listed officer is Jagjeet S. Kapoor, Trusteedirector on every filing since 2021 (uncompensated).

Officers on the 2025 filing

  • Jagjeet S. Kapoor

    Trusteedirector

    On filings since 2021

    2 hrs/week

    No compensation reported

Former officers (1)
  • Former: Frank W. Adamson (2020) — Trusteedirector

Data from IRS Form 990 filings, 2020–2025. "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 Bonfare Markets Charitable Foundation

How much does Bonfare Markets Charitable Foundation give each year?

Bonfare Markets Charitable Foundation gave $35K across 3 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $543K across 7 grants.

What is Bonfare Markets Charitable Foundation's typical grant size?

Bonfare Markets Charitable Foundation's median grant in 2025 was $10,000, and its average grant was $11,667, across 3 grants on its 2025 IRS Form 990.

Where does Bonfare Markets Charitable Foundation give grants?

Bonfare Markets Charitable Foundation gives mostly in California: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there.

How large is Bonfare Markets Charitable Foundation?

Bonfare Markets Charitable Foundation reported $123K in total assets on its 2025 IRS Form 990. Its revenue that year was $150.

What is Bonfare Markets Charitable Foundation's EIN?

Bonfare Markets Charitable Foundation's EIN (Employer Identification Number) is 03-0511948. IRS Form 990 filing data is available on this page for 2020–2025.

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

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