The Bagwell Foundation

Private foundation · Grantmaker Sarasota, FL EIN: 73-1371605

The Bagwell Foundation is a private foundation based in Sarasota, Florida. Its most recent filing on record is for 2021, and nothing has been filed since; it appears to have wound down or stopped grantmaking.

The Bagwell Foundation at a glance

In short: The Bagwell Foundation gave $21K across 15 grants in 2021 (avg $1K), top state Arkansas. Source: 2021 IRS Form 990-PF.

Annual giving (2021)
$21,000
+2.4% vs 2020
Grants made (2021)
15
+66.7% vs 2020
Average grant
$1,400
-38.5% vs 2020
Median grant
$1,000
Total assets
$246,105
-7.0% vs 2020
Primary geography
Arkansas (40% of itemized 2021 grant dollars)
Latest 990 filing
Form 990-PF, 2021 View filing

Data from IRS Form 990-PF, 2021; updated October 2026.

How to apply to The Bagwell Foundation

Accepts unsolicited proposals
No
How to Apply

The foundation stated in its 2021 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. This is a statement from that filing and is not current application guidance.

Contact

Mailing address: 3189 Espanola Drive, Sarasota, FL 34239
Phone: (918) 740-3466

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The Bagwell Foundation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2021

University of the Ozarks: $6K across 2 grantsUniversity of the Ozarks$6K · 2 grantsHealing Grace Church: $5KHealing Grace Church$5KServe Nwa's Fund at Pure Charity: $3KServe Nwa's Fund at PureCharity$3KBecause of Jesus: $1KBecause of Jesus$1KHellen Thomas Evangelistic Assoc: $1KHellen Thomas EvangelisticAssoc$1KInternational Fellowship of Christi: $1KInternational Fellowship ofChristi$1KMemorial Natick PTO: $1KMemorial Natick PTO$1KNatick Education Foundation: $1KNatick Education Foundation$1KArc of Arenac County: $500Arc of Arenac County$500KMS PTO Natick Inc: $500KMS PTO Natick Inc$500

The largest 2021 recipient was University of the Ozarks ($6K across 2 grants). Together the top 10 received $20K.

Grant Size Distribution

24 grants across all recorded years

24<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 24 grants of 24 (100%).

Geographic Focus

Where this funder awards grants

The 2021 grant dollars went to recipients in Arkansas (40%), Oklahoma (33%), Massachusetts (17%), Illinois (5%), and Michigan (2%).

Grant Distribution by State

6states

Share of 2021 grant dollars across all 15 itemized grants.

Cities

TulsaClarksvilleNatwickNarickSarasotaSearchBoxtonBroken ArrowChicagoNatickStandish

How The Bagwell Foundation gives

  • 29% of 2021 grantees were also funded in 2020. Method
  • In 2021 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$20K$30K9 grants2020 15 grants2021

From 2020 to 2021, annual grant giving ranged from $21K (2020) to $21K (2021). In 2021 it made 15 grants totaling $21K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Healing Grace Church Tulsa, OKReligious$5,000
University of the Ozarks Clarksville, ARAnnual Scholarship Fund$3,500
Serve Nwa's Fund at Pure Charity Search, ARGeneral Funds$3,000
University of the Ozarks Clarksville, ARAnnual Scholarship Fund$2,000
Because of Jesus Broken Arrow, OKReligious$1,000
Hellen Thomas Evangelistic Assoc Tulsa, OKReligious$1,000
International Fellowship of Christi Chicago, ILReligious$1,000
Memorial Natick PTO Narick, MAGeneral Funds$1,000
Natick Education Foundation Natwick, MAGeneral Funds$1,000
Arc of Arenac County Standish, MIGeneral Funds$500
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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
2021$246,105$7,651$26,229$21,00015$21,000$7,651$21,848
2020$264,683$8,245$24,882$20,5009—$8,245$20,758

Under IRS private-foundation payout rules, The Bagwell Foundation reported a distributable amount of $22K for 2021 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No foundation mission statement is provided. The 2021 grants included religious giving, scholarship support, and general funds. Among the grantees, the University of the Ozarks describes its mission as preparing students from diverse backgrounds to live life fully, “true to our Christian heritage.” Tailored for Education says it works to increase school enrollment in developing countries by providing required school uniforms. The Classical Academy of Sarasota describes its mission as developing students’ academic potential through a classical liberal arts education while building virtuous character.

Grantmaking

In 2021, the foundation gave $21,000 across 15 grants. Grants ranged from $200 to $5,000, with a median of $1,000.

The largest reported grants included $5,000 to Healing Grace Church in Tulsa, Oklahoma, for religious purposes; $3,500 and $2,000 to the University of the Ozarks in Clarksville, Arkansas, for its annual scholarship fund; and $3,000 to Serve NWA’s Fund at Pure Charity in Arkansas for general funds. Other reported grants included $1,000 each to Because of Jesus, Hellen Thomas Evangelistic Association, International Fellowship of Christi, Memorial Natick PTO, and Natick Education Foundation. The filing also lists $500 to Arc of Arenac County, KMS PTO Natick, and Natick Community Organic Farm. Additional listed recipients include Tailored for Education, which received $500, and The Classical Academy of Sarasota, which received $300.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2021 filing lists George A Watkins as chairman and Barbee Vickburg, Richard S Bagwell, and Susan B Watkins as trustees.

The Bagwell Foundation is led by George A. Watkins, Chairman since 2021 (on filings since 2020); 1 of 4 officers listed in 2021 is compensated.

Officers on the 2021 filing

  • George A. Watkins

    Chairman

    Co-Chairman → Chairman, 2021

    On filings since 2020

    $3K (2020) → $3K (2021)

  • Barbee Vickburg

    Trustee

    On filings since 2020

    No compensation reported

  • Richard S. Bagwell

    Trustee

    On filings since 2020

    No compensation reported

  • Susan B. Watkins

    Trustee

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2021. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2021 IRS filing

George a Watkins — Chairman: $3KGeorge a WatkinsChairman$3K

The highest reported compensation on the 2021 filing was $3K, to George a Watkins (Chairman).

Frequently asked questions about The Bagwell Foundation

How much does The Bagwell Foundation give each year?

The Bagwell Foundation gave $21K across 15 grants in 2021, according to its 2021 IRS Form 990-PF. In 2020 it gave $21K across 9 grants.

What is The Bagwell Foundation's typical grant size?

The Bagwell Foundation's median grant in 2021 was $1,000, and its average grant was $1,400, across 15 grants on its 2021 IRS Form 990-PF.

Where does The Bagwell Foundation give grants?

The Bagwell Foundation's top state is Arkansas, with 40% of the grant dollars itemized on its 2021 IRS Form 990-PF. The next largest states were Oklahoma (33%) and Massachusetts (17%). The most frequent recipient cities were Tulsa, OK (2 grants), Clarksville, AR (2 grants), Narick, MA (2 grants) and Sarasota, FL (2 grants).

Does The Bagwell Foundation give general operating support?

Yes: 47% of The Bagwell Foundation's 2021 grants with a stated purpose (7 of 15) were for general or operating support, per its 2021 IRS Form 990-PF. Recurring purposes include "Religious" (4 grants).

Who are The Bagwell Foundation's largest grantees?

The Bagwell Foundation's largest 2021 grantees include University of the Ozarks ($5,500 across 2 grants), Healing Grace Church ($5,000) and Serve Nwa's Fund at Pure Charity ($3,000), according to its 2021 IRS Form 990-PF. Together they received 64% of its itemized 2021 grant dollars.

How large is The Bagwell Foundation?

The Bagwell Foundation reported $246K in total assets on its 2021 IRS Form 990-PF. It paid out $21K in qualifying distributions that year, against a required minimum of $22K (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 does The Bagwell Foundation fund?

No foundation mission statement is provided. The 2021 grants included religious giving, scholarship support, and general funds. Among the grantees, the University of the Ozarks describes its mission as preparing students from diverse backgrounds to live life fully, “true to our Christian heritage.” See mission & focus areas ↑

How do I apply for a grant from The Bagwell Foundation?

The foundation stated in its 2021 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Bagwell Foundation's EIN?

The Bagwell Foundation's EIN (Employer Identification Number) is 73-1371605. IRS Form 990 filing data is available on this page for 2020–2021.

Does The Bagwell Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

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

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2021

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

Figures come from The Bagwell 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.

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