Jim and Audrey Bailey Foundation

Private foundation · Grantmaker Casper, WY EIN: 36-3776545

Jim and Audrey Bailey Foundation is a private foundation, based in Casper, WY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.0M in total assets. In 2024, it awarded 7 grants totaling $45K. Net investment income was $25K.

Key facts about Jim and Audrey Bailey Foundation

In short: Jim and Audrey Bailey Foundation gave $45K across 7 grants in 2024 (avg $6K), mostly in Wyoming. Source: 2024 IRS Form 990-PF.

EIN
36-3776545
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$45,000
Grants made (2024)
7
Average grant
$6,429
Median grant
$5,000
Total assets
$2,034,790
Primary geography
Wyoming (57% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.0M

-2.7% YoY

Annual Giving

$45K

+66.7% YoY

Grant Count

7

-12.5% YoY

Avg Grant Size

$6K

+90.5% YoY

Under IRS private-foundation payout rules, Jim and Audrey Bailey Foundation reported a distributable amount of $49K for 2024 — the minimum it must pay out in qualifying distributions.

How Jim and Audrey Bailey Foundation gives

  • Giving fell 21% from 2021 to 2024. Method
  • In 2024 it paid out 92% 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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

7states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

CasperSioux FallsDallasLanderEnfieldNew HavenBoulderCarrolltonCollege StationEstanciaWacoWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K8 grants2020 9 grants2021 7 grants2022 8 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $27K (2023) to $105K (2020). In 2024 it made 7 grants totaling $45K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Casper College Foundation: $15KCasper College Foundation$15KCamp Hope Inc: $8KCamp Hope Inc$8KMovement Advancement Project: $8KMovement Advancement Project$8KPlanned Parenthood of Southern New England: $5KPlanned Parenthood of SouthernNew England$5KUniversity of Sioux Falls: $5KUniversity of Sioux Falls$5KCasper Swim Club: $3KCasper Swim Club$3KRails to Trails Conservancy: $3KRails to Trails Conservancy$3K

The largest 2024 recipient was Casper College Foundation ($15K). Together the top 7 received $45K.

Grant Size Distribution

39 grants across all recorded years

39<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 39 grants of 39 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Casper College Foundation Casper, WYEducational$15,000
Camp Hope Inc Casper, WYCharitable$7,500
Movement Advancement Project Boulder, COCharitable$7,500
Planned Parenthood of Southern New England New Haven, CTCharitable$5,000
University of Sioux Falls Sioux Falls, SDEducational$4,500
Casper Swim Club Casper, WYCharitable$3,000
Rails to Trails Conservancy Washington, DCCharitable$2,500

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$2,034,790$2,092,217$2,120,132
Revenue$36,600$25,524$16,481
Expenses$94,027$53,439$74,664
Qualifying Distributions$45,000$27,000$50,000
Net Investment Income$25,276$22,577$12,264
Distributable Amount$49,095$46,657$48,597

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS August 29, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS May 30, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS April 30, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS July 1, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Jim and Audrey Bailey Foundation is led by Tim Bailey, President on every filing since 2020; none of the 6 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Tim Bailey

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Judith Bailey Scully

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Walter M. Bailey

    Trustee

    Treasurer → Trustee, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Athne Machdane

    Trustee

    On filings since 2021

    1 hr/week

    No compensation reported

  • Steve Scully

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • James M. Bailey

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Harold Bailey (2020) — Trustee

Data from IRS Form 990 filings, 2020–2024. "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 Jim and Audrey Bailey Foundation

How much does Jim and Audrey Bailey Foundation give each year?

Jim and Audrey Bailey Foundation gave $45K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $27K across 8 grants.

What is Jim and Audrey Bailey Foundation's typical grant size?

Jim and Audrey Bailey Foundation's median grant in 2024 was $5,000, and its average grant was $6,429, across 7 grants on its 2024 IRS Form 990-PF.

Where does Jim and Audrey Bailey Foundation give grants?

Jim and Audrey Bailey Foundation gives mostly in Wyoming: 57% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Colorado (17%) and Connecticut (11%). The most frequent recipient cities were Casper, WY (3 grants).

Does Jim and Audrey Bailey Foundation give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on Jim and Audrey Bailey Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Charitable" (5 grants).

Who are Jim and Audrey Bailey Foundation's largest grantees?

Jim and Audrey Bailey Foundation's largest 2024 grantees include Casper College Foundation ($15,000), Camp Hope Inc ($7,500) and Movement Advancement Project ($7,500), according to its 2024 IRS Form 990-PF. Together they received 67% of its itemized 2024 grant dollars.

How large is Jim and Audrey Bailey Foundation?

Jim and Audrey Bailey Foundation reported $2.0M in total assets on its 2024 IRS Form 990-PF. It paid out $45K in qualifying distributions that year, against a required minimum of $49K (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.

What is Jim and Audrey Bailey Foundation's EIN?

Jim and Audrey Bailey Foundation's EIN (Employer Identification Number) is 36-3776545. IRS Form 990 filing data is available on this page for 2020–2024.

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

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