Bravo Alpha Foundation

Private foundation · Grantmaker New Bern, NC EIN: 46-0659905

Bravo Alpha Foundation is a private foundation, based in New Bern, NC. IRS filing data is available from 2019 through 2025. In 2025, it awarded 1 grant totaling $3K.

Key facts about Bravo Alpha Foundation

In short: Bravo Alpha Foundation gave $3K across 1 grant in 2025 (avg $3K), mostly in Texas. Source: 2025 IRS Form 990-PF.

EIN
46-0659905
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$2,500
Grants made (2025)
1
Average grant
$2,500
Median grant
$2,500
Primary geography
Texas (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

—

-100.0% YoY

Annual Giving

$3K

-50.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$3K

-50.0% YoY

Under IRS private-foundation payout rules, Bravo Alpha Foundation reported a distributable amount of $150 for 2025 — the minimum it must pay out in qualifying distributions.

How Bravo Alpha Foundation gives

  • Giving fell 50% from 2022 to 2025. Method
  • In 2025 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 the 2025 grant dollars on its one itemized grant.

Cities

San AntonioNew BernChapel HillCharlotteCorvallisDurhamLeakey

Giving Over Time

Total grant dollars and number of grants per year

$0$2.5K$5K$7.5K$10K5 grants2019 4 grants2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2019 to 2025, annual grant giving ranged from $1K (2020) to $8K (2019). In 2025 it made 1 grant totaling $3K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Band of Runners: $3KBand of Runners$3K

The largest 2025 recipient was Band of Runners ($3K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Band of Runners San Antonio, TXScholarships for Veteran Trail Runs$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets—$9,590$28,885
Revenue$2,058$5,648$16,175
Expenses$9,585$26,812$123,383
Qualifying Distributions$2,500$5,000$5,000
Net Investment Income—$5,648$984
Distributable Amount$150$453$1,571

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS August 13, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 10, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 18, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS October 8, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS May 12, 2025)
  7. Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
  8. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Officers and directors from IRS filings

Bravo Alpha Foundation is led by Mary Canestorp, Director on every filing since 2019 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Mary Canestorp

    Director

    On filings since 2019

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 Bravo Alpha Foundation

How much does Bravo Alpha Foundation give each year?

Bravo Alpha Foundation gave $3K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 1 grant.

Where does Bravo Alpha Foundation operate?

Bravo Alpha Foundation has awarded grants in North Carolina, Oregon, Texas.

How much is Bravo Alpha Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Bravo Alpha Foundation reported a distributable amount of $150 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bravo Alpha Foundation's EIN?

Bravo Alpha Foundation's EIN (Employer Identification Number) is 46-0659905. IRS Form 990 filing data is available on this page for 2019–2025.

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

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