Bp Foundation Inc

NAPLES, FL EIN: 83-3865006

Bp Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grants totaling $26K. Net investment income was $1K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

-100.0% YoY

Annual Giving

$26K

Grant Count

1

Avg Grant Size

$26K

Under IRS private-foundation payout rules, Bp Foundation Inc reported a distributable amount of $1K for 2024 — the minimum it must pay out in qualifying distributions.

About Bp Foundation Inc

Based on IRS filings

Bp Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grants totaling $26K. Net investment income was $1K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Lone TreeMemphis

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$12K$25K$37K$50K20202021202220232024
Metric202420232022
Total Assets$30,044$31,157
Revenue$1,452$1,392$384
Expenses$31,496$2,505$1,719
Qualifying Distributions$31,457$2,500$1,718
Net Investment Income$1,452$1,392$384
Distributable Amount$1,292$1,433$1,534

Giving Over Time

Total grant dollars and number of grants per year

$0$6K$13K$19K$26K1 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SCHWAB CHARITABLE FUND$26K

Grant Size Distribution

2 grants across all recorded years

2<$50K$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 Schwab Charitable Fund ($25,844).

RecipientPurposeAmount
SCHWAB CHARITABLE FUND LONE TREE, COJAY AND PAT BAKER CHARITABLE FUND$25,844

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PAT G BAKERPRESIDENT/TREASURER/DIRECTOR
JAY H BAKERVICE PRESIDENT/DIRECTOR
PETER M SOMMERHAUSERSECRETARY/DIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bp Foundation Inc?

Bp Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NAPLES, FL. It holds — in total assets as of 2024.

Where does Bp Foundation Inc operate?

Bp Foundation Inc has awarded grants in Colorado, Tennessee.

What size grants does Bp Foundation Inc award?

In 2024, Bp Foundation Inc awarded 1 grants totaling $26K — an average of about $26K per grant, based on its IRS Form 990 filings.

How much is Bp Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bp 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 Bp Foundation Inc's EIN?

Bp Foundation Inc's EIN (Employer Identification Number) is 83-3865006. 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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