Charles Wesley Bain Fund

Private foundation · Grantmaker Saint Louis, MO EIN: 54-6092737

Charles Wesley Bain Fund is a private foundation, based in Saint Louis, MO. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $392K in total assets. In 2025, it awarded 1 grant totaling $20K. Net investment income was $20K.

Charles Wesley Bain Fund at a glance

In short: Charles Wesley Bain Fund gave $20K across 1 grant in 2025 (avg $20K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$20,000
+11.1% vs 2024
Grants made (2025)
1
+0.0% vs 2024
Average grant
$20,000
+11.1% vs 2024
Median grant
$20,000
Total assets
$392,475
-0.5% vs 2024
Primary geography
Virginia (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

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

Who Charles Wesley Bain Fund funds

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Virginia Wesleyan University: $20KVirginia Wesleyan University$20K

The largest 2025 recipient was Virginia Wesleyan University ($20K).

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%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Virginia Beach

How Charles Wesley Bain Fund gives

  • Giving held roughly steady from 2022 to 2025 (+0%). Method
  • In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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$10K$20K$30K1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $16K (2021) to $22K (2023). In 2025 it made 1 grant totaling $20K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Virginia Wesleyan University Virginia Beach, VAGeneral Operating$20,000
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2025$392,475$21,830$23,629$20,0001$22,132$20,440$22,911
2024$394,329$9,951$21,465$18,0001$20,156$10,589$20,882
2023$405,896$9,729$25,905$22,0001$23,962$13,420$20,619
2022$421,976$37,787$23,456$20,0001$21,941$36,440$23,981
2021$407,667$33,021$19,709$16,0001—$31,954$21,597

Under IRS private-foundation payout rules, Charles Wesley Bain Fund reported a distributable amount of $23K for 2025 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

Charles Wesley Bain Fund's only listed officer is Wells Fargo Bank N A, Trustee on every filing since 2021 (compensated).

Officers on the 2025 filing

  • Wells Fargo Bank N A

    Trustee

    On filings since 2021

    1 hr/week

    $1K (2021) → $1K (2025)

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Wells Fargo Bank N a — Trustee: $1KWells Fargo Bank N aTrustee$1K

The highest reported compensation on the 2025 filing was $1K, to Wells Fargo Bank N a (Trustee).

Frequently asked questions about Charles Wesley Bain Fund

How much does Charles Wesley Bain Fund give each year?

Charles Wesley Bain Fund gave $20K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $18K across 1 grant.

How large is Charles Wesley Bain Fund?

Charles Wesley Bain Fund reported $392K in total assets on its 2025 IRS Form 990-PF. It paid out $22K in qualifying distributions that year, against a required minimum of $23K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.

Where does Charles Wesley Bain Fund operate?

Charles Wesley Bain Fund has awarded grants in Virginia.

What is Charles Wesley Bain Fund's EIN?

Charles Wesley Bain Fund's EIN (Employer Identification Number) is 54-6092737. IRS Form 990 filing data is available on this page for 2021–2025.

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 2021–2025

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

Figures come from Charles Wesley Bain Fund'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.

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