Bruce a Bro Charitable Found

Foundation · Grantmaker CAREFREE, AZ EIN: 27-1812624

Bruce a Bro Charitable Found is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CAREFREE, AZ. IRS filing data is available from 2020 through 2022. As of 2022, the organization holds $304K in total assets. In 2022, it awarded 1 grants totaling $52K. Net investment income was $8K.

Financial Overview

From 2022 IRS Form 990-PF · View filing

Total Assets

$304K

-29.2% YoY

Annual Giving

$52K

+55.0% YoY

Grant Count

-80.0% YoY

Avg Grant Size

$52K

+674.8% YoY

Under IRS private-foundation payout rules, Bruce a Bro Charitable Found reported a distributable amount of $6K for 2022 — the minimum it must pay out in qualifying distributions.

About Bruce a Bro Charitable Found

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Arizona $76K (63%)

Iowa $43K (36%)

New York $1K (1%)

Washington $600 (0%)

California $250 (0%)

States

Arizona California Iowa New York Washington

Cities

CarefreeElk HornHarlanNew YorkSeattleSolvang

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2022	2021	2020
Total Assets	$303,536	$428,494	$465,806
Revenue	$-18,733	$26,831	$37,046
Expenses	$55,340	$47,426	$60,623
Qualifying Distributions	$52,228	$33,703	—
Net Investment Income	$7,569	$7,337	$27,720
Distributable Amount	$6,012	$21,356	$18,176

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 2022

Grant Size Distribution

9 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2022 grants, the largest include Misc ($52,228).

Recipient	Purpose	Amount
MISC CAREFREE, AZ	CHARITABLE	$52,228

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2022 IRS filing

From 2022 filing

Name	Title	Hours	Compensation
BRUCE A BRO	TRUSTEE	1	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Bruce a Bro Charitable Found?

Bruce a Bro Charitable Found is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CAREFREE, AZ. It holds $304K in total assets as of 2022.

How large is Bruce a Bro Charitable Found?

As of 2022, Bruce a Bro Charitable Found holds $304K in total assets with $-18,733 in annual revenue. It awarded 1 grants totaling $52K in 2022.

Where does Bruce a Bro Charitable Found operate?

Bruce a Bro Charitable Found has awarded grants in Arizona, California, Iowa, New York, Washington.

What size grants does Bruce a Bro Charitable Found award?

In 2022, Bruce a Bro Charitable Found awarded 1 grants totaling $52K — an average of about $52K per grant, based on its IRS Form 990 filings.

How much is Bruce a Bro Charitable Found required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2022, Bruce a Bro Charitable Found reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.