Buddy Bear Foundation

Private foundation · Grantmaker Berwyn, IL EIN: 84-5100308

Buddy Bear Foundation is a private foundation, based in Berwyn, IL. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $514K in total assets. In 2024, it awarded 5 grants totaling $12K. Net investment income was $28K.

Buddy Bear Foundation at a glance

In short: Buddy Bear Foundation gave $12K across 5 grants in 2024 (avg $2K), mostly in Illinois. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$12,000
-25.0% vs 2023
Grants made (2024)
5
-28.6% vs 2023
Average grant
$2,400
+5.0% vs 2023
Median grant
$1,000
Total assets
$514,181
-0.7% vs 2023
Primary geography
Illinois (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Buddy Bear Foundation funds

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Golympians: $5KGolympians$5KThe Work Foundation: $4KThe Work Foundation$4KCommonwealth Community Church: $1KCommonwealth Community Church$1KPeace Makers Coalition: $1KPeace Makers Coalition$1KTeam Lewis Foundation: $1KTeam Lewis Foundation$1K

The largest 2024 recipient was Golympians ($5K). Together the top 5 received $12K.

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2024 grant dollars across all 5 itemized grants.

States

Cities

ChicagoBolingbrookMattesonRiverside

How Buddy Bear Foundation gives

  • In 2024 it paid out 117% of its IRS minimum distribution (the 5% rule). Method

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

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K7 grants2023 5 grants2024

From 2023 to 2024, annual grant giving ranged from $12K (2024) to $16K (2023). In 2024 it made 5 grants totaling $12K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Golympians Chicago, ILSupport for Youth Track Program$5,000
The Work Foundation Chicago, ILYouth Social Services$4,000
Commonwealth Community Church Chicago, ILReligous Services$1,000
Peace Makers Coalition Chicago, ILSupport for Youth-Led Peace Movement$1,000
Team Lewis Foundation Chicago, ILSocial Services$1,000
Your AI grants department

Ready to take the next step with Buddy Bear Foundation?

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$514,181$39,134$42,970$12,0005$30,830$28,183$26,417
2023$518,017$211,139$19,805$16,0007$16,000$7,334$16,325

Under IRS private-foundation payout rules, Buddy Bear Foundation reported a distributable amount of $26K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Buddy Bear Foundation is led by Phillip J., President on the 2024 filing; none of the 4 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Phillip J.

    President

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Anne L. Degeratto

    Director

    On filings since 2023

    No compensation reported

  • Paul T. Julian

    Secretary

    On filings since 2023

    No compensation reported

  • Sally A. Julian

    Treasurer

    On filings since 2023

    No compensation reported

Former officers (1)
  • Former: Phillip J. Degeratto (2023) — President

Data from IRS Form 990 filings, 2023–2024. "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 Buddy Bear Foundation

How much does Buddy Bear Foundation give each year?

Buddy Bear Foundation gave $12K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $16K across 7 grants.

What is Buddy Bear Foundation's typical grant size?

Buddy Bear Foundation's median grant in 2024 was $1,000, and its average grant was $2,400, across 5 grants on its 2024 IRS Form 990-PF.

Where does Buddy Bear Foundation give grants?

Buddy Bear Foundation gives mostly in Illinois: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Chicago, IL (5 grants).

Does Buddy Bear Foundation give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on Buddy Bear Foundation's 2024 IRS Form 990-PF were described as general or operating support.

Who are Buddy Bear Foundation's largest grantees?

Buddy Bear Foundation's largest 2024 grantees include Golympians ($5,000), The Work Foundation ($4,000) and Commonwealth Community Church ($1,000), according to its 2024 IRS Form 990-PF. Together they received 83% of its itemized 2024 grant dollars.

How large is Buddy Bear Foundation?

Buddy Bear Foundation reported $514K in total assets on its 2024 IRS Form 990-PF. It paid out $31K in qualifying distributions that year, against a required minimum of $26K (roughly 5% of its investment assets).

What is Buddy Bear Foundation's EIN?

Buddy Bear Foundation's EIN (Employer Identification Number) is 84-5100308. IRS Form 990 filing data is available on this page for 2023–2024.

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2023–2024

Explore Open Grants

Browse active grant opportunities in Buddy Bear Foundation's focus areas in our free grants database

Similar Funders

Funders with grantees in common

Mielle Cares Foundation Inc

Merrillville, IN

To champion the mental health and well-being of preteens and teenagers by nurturing a positive and resilient mindset.

Philanthropy, Voluntarism & Grantmaking

Assets

$3.3M

Grants

2

Total Given

$75K

The Joseph Kellman Family Foundation

Chicago, IL

Assets

$8.8M

Grants

4

Total Given

$158K

Greater Auburn Gresham Development Corporation

Chicago, IL

Greater Auburn Gresham funds community revitalization, including health, economic development, housing and senior services, education, youth development, and community engagement; its Excellerator Fund supports Black- and Mexican-led organizations. Recent grants were typically about $18,500, ranging from $10,000 to $24,250, with a focus on Chicago and South Suburban communities, especially Auburn Gresham and Little Village. It accepts applications through requests for proposals.

Community Improvement & Capacity Building

Assets

$25.9M

Grants

34

Total Given

$567K

Laughing Acres Family Foundation Inc

Chicago, IL

The foundation funds charitable organizations in areas including theater, domestic-violence support, children’s services, and emergency assistance, with most 2024 grant dollars going to Illinois organizations. Its 2024 grants ranged from $500 to $16,500, with a median of $5,000. It gives only to preselected organizations and does not accept unsolicited requests.

Assets

$3.5M

Grants

45

Total Given

$242K

Ampt Advancing Nonprofits

Chicago, IL

AMPT Advancing Nonprofits funds grants and capacity-building support—such as training, consulting, and organizational development—for small nonprofits, prioritizing Black- and Latine-led groups serving Chicago’s West and South sides. In 2025, grants ranged from $5,088 to $13,000, with a median of $10,000. It offered an application for its 2026 grant cycle, but the application is now closed; whether it accepts unsolicited requests outside that cycle is not stated.

Assets

$3.2M

Grants

46

Total Given

$442K

Illinois Humanities Council Inc

Chicago, IL

Illinois Humanities Council funds public humanities projects and organizations, including local history, civic engagement, justice-related work, and humanities programming across Illinois. Its 2025 grants ranged from $5,300 to $26,000, with a median of $10,000; whether it accepts unsolicited requests is not stated.

Assets

$6.3M

Grants

51

Total Given

$500K

More similar funders

More Funders in Illinois

The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Buddy Bear Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

Buddy Bear Foundation down — hundreds of funders to go?

Want AI to do this for you?