Gerson Bakar Foundation

SAN FRANCISCO, CA EIN: 94-2949602

The Gerson Bakar Foundation is a private family foundation established in 1984 in California by real estate developer Gerson Bakar (1928-2017) and his wife, Barbara Bass Bakar. Based in San Francisco, the foundation represents one of the Bay Area's most significant philanthropic forces, maintaining a notably low profile with minimal public information about its operations and strategies.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5B

+3.8% YoY

Annual Giving

$169.4M

-33.7% YoY

Grant Count

33

-17.5% YoY

Avg Grant Size

$5.1M

-19.6% YoY

Under IRS private-foundation payout rules, Gerson Bakar Foundation reported a distributable amount of $122.3M for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation does not maintain a published mission statement. However, its grantmaking priorities include:

  • Higher Education: More than half of grant funding supports the University of California campuses at Berkeley and San Francisco, with major grants typically exceeding $1 million. Support includes Mission Bay campus development, student scholarships, cardiovascular health and neurosciences programs, gynecologic, urologic, and breast cancer research at UCSF, and the Bakar Cancer Hospital and Bakar Cancer Center.
  • K-12 Education
  • Jewish Causes: Spans the United States but prioritizes the Bay Area
  • Arts and Culture
  • Animal Welfare
  • Bay Area Communities

Grantmaking

The foundation operates on an invitation-only basis and does not accept unsolicited proposals. The foundation's philanthropic approach emphasizes long-term relationships with grantees, providing multi-year funding to most recipients. Grant decisions are made primarily through trustee discretion in selecting charitable organizations to support.

Grant Range

$250 to $10,000,000

Average Grant

amount: $90 to $205,273,658

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is concentrated in the Bay Area, with the exception of Jewish giving, which spans the United States but prioritizes the Bay Area.

Grant Distribution by State

12states
+4 more states

Cities

Aliso ViejoBerkeleyBreaBurlingameCarsonConcordCoral GablesDallasDaly CityDeltaEast Palo AltoEmeryvilleFoster CityGarden CityLoma LindaLong BeachLos AngelesMilpitasMontereyNew Orleans

Financial History

Multi-year comparison from IRS filings

As of Fiscal Year Ending December 2023:

  • Total assets: $2,455,727,032 to $2,547,826,871
  • Total giving: $161,524,674 to $254,931,561
  • Total revenues: $86,151,243
  • Total expenses: $282,264,283
  • Investment income and dividends: $50,980,527
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$531M$1.1B$1.6B$2.1B20202021202220232024
Metric202420232022
Total Assets$2,547,826,871$2,455,727,032$2,457,600,914
Revenue$198,287,464$86,151,243$445,447,374
Expenses$184,093,119$282,264,283$351,599,316
Qualifying Distributions$165,590,310$259,968,107$318,183,320
Net Investment Income$224,090,057$275,925,126$374,953,171
Distributable Amount$122,334,605$116,813,562$116,705,431

Giving Over Time

Total grant dollars and number of grants per year

$0$82M$164M$245M$327M51 grants202046 grants202138 grants202240 grants202333 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

UCSF FOUNDATION$96.5MUCB FOUNDATION$37.0MSMITH COLLEGE$10.0MADDISON LABS FOUNDATION$7.8MJEWISH FAMILY & CHILDREN…$5.6MSAN FRANCISCO GENERAL HO…$5.0MCALIFORNIA ACADEMY OF SC…$2.5MBAPTIST HEALTH FOUNDATION$2.0MAMERICAN JEWISH JOINT DI…$1.0MSAN FRANCISCO FOOD BANK$1.0M

Grant Size Distribution

207 grants across all recorded years

140<$50K6$50–100K4$100–250K7$250–500K6$500K–1M17$1–5M27$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ucsf Foundation ($96,520,000), Ucb Foundation ($37,043,334), Smith College ($10,000,000).

RecipientPurposeAmount
ADDISON LABS FOUNDATION SAN FRANCISCO, NYGENERAL SUPPORT$7,841,000
AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE INC NEW YORK, NYGENERAL SUPPORT$1,000,000
BAPTIST HEALTH FOUNDATION CORAL GABLES, FLGENERAL SUPPORT$2,000,000
BAYSHORE PTO DALY CITY, CAGENERAL SUPPORT$90
CALIFORNIA ACADEMY OF SCIENCES SAN FRANCISCO, CAGENERAL SUPPORT$2,500,000
CHILDREN INC NORTH CHESTERFIELD, VAGENERAL SUPPORT$2,000
COLLEGE TRACK OAKLAND, CAGENERAL SUPPORT$10,000
DENSHO SEATTLE, WAGENERAL SUPPORT$250
EAST BAY SPCA OAKLAND, CAGENERAL SUPPORT$250
EPA CENTER EAST PALO ALTO, CAGENERAL SUPPORT$25,000

Leadership & Key People

Leadership team and compensation from IRS filings

Barbara Bass Bakar serves as President of the foundation. The foundation employs 2 staff members.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BARBARA BASS BAKARCHAIR/PRESIDENT/DIRECTOR1
RICHARD L GREENEDIRECTOR1
ANNE BAKARDIRECTOR1
PHYLLIS COOKDIRECTOR1
NANCI FREDKINDIRECTOR1
KATHLEEN MCCORMICKDIRECTOR1
SHARON HASEGAWASECRETARY/TREASURER1

Contact Information

  • Address: 201 Filbert Street, Suite 400, San Francisco, CA 94133-3238
  • Telephone: 415-576-8100
  • EIN: 94-2949602
  • Website: The foundation does not maintain a website

Frequently Asked Questions

What does Gerson Bakar Foundation fund?

The foundation does not maintain a published mission statement. However, its grantmaking priorities include: • **Higher Education**: More than half of grant funding supports the University of California campuses at Berkeley and San Francisco, with major grants typically exceeding $1 million. Support includes Mission Bay campus development, student scholarships, cardiovascular health and neurosciences programs, gynecologic, urologic, and breast cancer research at UCSF, and the Bakar Cancer Hospi…

How do I apply for a grant from Gerson Bakar Foundation?

**Grant Activity (2023):** • Number of grants: 38-40 awards • Annual giving: Approximately $254.9 million to $255 million • Grant range: $250 to $10,000,000 • Average grant amount: $90 to $205,273,658 **Application Process:** The foundation operates on an invitation-only basis and does not accept unsolicited proposals. The foundation's philanthropic approach emphasizes long-term relationships with grantees, providing multi-year funding to most recipients. Grant decisions are made primarily thro…

Where does Gerson Bakar Foundation make grants?

The foundation's grantmaking is concentrated in the Bay Area, with the exception of Jewish giving, which spans the United States but prioritizes the Bay Area.

What size grants does Gerson Bakar Foundation award?

In 2024, Gerson Bakar Foundation awarded 33 grants totaling $169.4M — an average of about $5.1M per grant, based on its IRS Form 990 filings.

How much is Gerson Bakar Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gerson Bakar Foundation reported a distributable amount of $122.3M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gerson Bakar Foundation's EIN?

Gerson Bakar Foundation's EIN (Employer Identification Number) is 94-2949602. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Gerson Bakar Foundation's focus areas in our free grants database

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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