The B&M Impact Foundation Inc

Private foundation · Grantmaker Indianapolis, IN EIN: 82-3000189

The B&M Impact Foundation Inc is a private foundation based in Indianapolis, Indiana. Its 2025 filing reports 22 grants totaling $190,000 to organizations in several states.

The B&M Impact Foundation Inc at a glance

In short: The B&M Impact Foundation Inc gave $190K across 22 grants in 2025 (avg $9K), mostly in Indiana. 36% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

Annual giving (2025)
$190,000
-9.7% vs 2024
Grants made (2025)
22
-12.0% vs 2024
Average grant
$8,636
+2.6% vs 2024
Median grant
$5,000
Total assets
$3,323,479
+32.1% vs 2024
New grantees (estimate)
36% first-time grantees (8 of 22, 2025; small sample)
Primary geography
Indiana (57% of itemized 2025 grant dollars)
Latest 990 filing
Form 990-PF, 2025 View filing

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The B&M Impact Foundation Inc

Accepts unsolicited proposals
No
How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

Contact

Mailing address: 6470 N Illinois St, Indianapolis, IN 46260
Phone: (317) 658-5268

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

Who The B&M Impact Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Chordoma Foundation: $50KChordoma Foundation$50KSummer Stock Stage: $15KSummer Stock Stage$15KImpact Health: $15KImpact Health$15KUNC Chapel Hill: $10KUNC Chapel Hill$10KNC A&T University: $10KNC A&T University$10KIndiana University Indianapolis: $10KIndiana UniversityIndianapolis$10KTennesse State University: $8KTennesse State University$8KIndiana University: $5KIndiana University$5KPurdue University: $5KPurdue University$5KHarvard University: $5KHarvard University$5K

The largest 2025 recipient was Chordoma Foundation ($50K). Together the top 10 received $133K.

Grant Size Distribution

114 grants across all recorded years

109<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 109 grants of 114 (96%).

Geographic Focus

Where this funder awards grants

In 2025, 57% of grant dollars went to recipients in Indiana and 32% to recipients in North Carolina. The remaining reported shares went to Massachusetts (5%), Tennessee (4%), and Ohio (3%).

Grant Distribution by State

12states

Share of 2025 grant dollars across all 22 itemized grants.

Cities

IndianapolisChapel HillBloomingtonDurhamCambridgeMuncieWest LafayetteBirminghamCincinnatiHutchinsonKokomoNashvilleFort WayneFresnoNormalWilmingtonAshevilleCrawfordsvilleFrankfurtGreensboro

Is The B&M Impact Foundation Inc open to new grantees?

36%

first-time grantees, 2025

In 2025, 8 of 22 grantees (36%) were first-time recipients. With only 22 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $7K; repeat grants $10K. How we count

Medians: $5K first-time, $5K repeat.

  • 64% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (−14%). Method
  • In 2025 it paid out 124% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2025). 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$100K$200K$300K10 grants2019 22 grants2020 21 grants2021 24 grants2022 22 grants2023 25 grants2024 22 grants2025

From 2019 to 2025, annual grant giving ranged from $130K (2019) to $220K (2022). In 2025 it made 22 grants totaling $190K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Chordoma Foundation Indianapolis, INGeneral$50,000
Summer Stock Stage Indianapolis, INGeneral$15,000
Impact Health Asheville, NCGeneral$15,000
UNC Chapel Hill Chapel hill, NCGeneral$10,000
NC A&T University Greensboro, NCGeneral$10,000
Indiana University Indianapolis Indianapolis, INGeneral$10,000
Tennesse State University Nashville, TNGeneral$7,500
Indiana University Bloomington, INGeneral$5,000
Purdue University West Lafayette, INGeneral$5,000
Harvard University Cambridge, MAGeneral$5,000
Your AI grants department

Ready to take the next step with The B&M Impact Foundation Inc?

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
2025$3,323,479$797,936$255,822$190,00022$254,975$797,936$206,378
2024$2,515,591$290,479$215,700$210,50025$215,600$91,726$188,797
2023$2,567,578$638,479$207,250$202,50022$207,250$78,468$140,386
2022$2,410,245$288,081$231,259$219,75024$223,675$85,892$134,034
2021$2,426,073$311,090$198,567$193,50021$197,175$311,090$151,378
2020$2,313,550$69,920$188,175$164,00022—$69,920$132,190
2019$2,431,805$66,885$148,416$129,85110—$66,885$133,014

Under IRS private-foundation payout rules, The B&M Impact Foundation Inc reported a distributable amount of $206K for 2025 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants went to organizations including universities, a youth theater organization, a health initiative, and a medical research foundation. Summer Stock Stage describes its mission as providing theater experiences for young performers in Central Indiana. Impact Health says it leads Western North Carolina’s participation in North Carolina’s Healthy Opportunities Pilot Program for Medicaid.

Grantmaking

In 2025, the foundation made 22 grants totaling $190,000. Grants ranged from $2,500 to $50,000, with a median grant of $5,000.

Notable 2025 grants included $50,000 to Chordoma Foundation; $15,000 each to Summer Stock Stage and Impact Health; $10,000 each to UNC Chapel Hill, NC A&T University, and Indiana University Indianapolis; and $7,500 to Tennessee State University. Other listed grants included $5,000 each to Butler University, Xavier University, and High Point University, and $2,500 to Wabash College.

Leadership & Key People

Officers and directors from IRS filings

The B&M Impact Foundation Inc is led by John P Bamforth, Chair on every filing since 2019; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • John P Bamforth

    Chair

    On filings since 2019

    No compensation reported

  • Susan M Mahony

    Secretary & Treasurer

    On filings since 2019

    No compensation reported

  • Rebecca J Bamforth

    Board Member

    New on the 2025 filing

    No compensation reported

  • Thomas M Bamforth

    Board Member

    New on the 2025 filing

    No compensation reported

Data from IRS Form 990 filings, 2019–2025. "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 The B&M Impact Foundation Inc

How much does The B&M Impact Foundation Inc give each year?

The B&M Impact Foundation Inc gave $190K across 22 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $211K across 25 grants.

What is The B&M Impact Foundation Inc's typical grant size?

The B&M Impact Foundation Inc's median grant in 2025 was $5,000, and its average grant was $8,636, across 22 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The B&M Impact Foundation Inc that year got $7K on average.

Where does The B&M Impact Foundation Inc give grants?

The B&M Impact Foundation Inc gives mostly in Indiana: 57% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were North Carolina (32%) and Massachusetts (5%). The most frequent recipient cities were Indianapolis, IN (5 grants), Chapel Hill, NC (2 grants) and Cambridge, MA (2 grants).

Does The B&M Impact Foundation Inc give general operating support?

Yes: 100% of The B&M Impact Foundation Inc's 2025 grants with a stated purpose (22 of 22) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are The B&M Impact Foundation Inc's largest grantees?

The B&M Impact Foundation Inc's largest 2025 grantees include Chordoma Foundation ($50,000), Summer Stock Stage ($15,000) and Impact Health ($15,000), according to its 2025 IRS Form 990-PF. Together they received 42% of its itemized 2025 grant dollars.

How large is The B&M Impact Foundation Inc?

The B&M Impact Foundation Inc reported $3.3M in total assets on its 2025 IRS Form 990-PF. It paid out $255K in qualifying distributions that year, against a required minimum of $206K (roughly 5% of its investment assets).

What does The B&M Impact Foundation Inc fund?

No mission statement for the foundation is provided. Its 2025 grants went to organizations including universities, a youth theater organization, a health initiative, and a medical research foundation. See mission & focus areas ↑

How do I apply for a grant from The B&M Impact Foundation Inc?

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

What is The B&M Impact Foundation Inc's EIN?

The B&M Impact Foundation Inc's EIN (Employer Identification Number) is 82-3000189. IRS Form 990 filing data is available on this page for 2019–2025.

Does The B&M Impact Foundation Inc 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 September 2026.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2019 (received by the IRS April 3, 2020)
  2. Updated Form 990-PF for fiscal year 2020 (received by the IRS April 29, 2021)
  3. Updated Form 990-PF for fiscal year 2021 (received by the IRS April 1, 2022)
  4. Updated Form 990-PF for fiscal year 2022 (received by the IRS March 30, 2023)
  5. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 17, 2024)
  6. Updated Form 990-PF for fiscal year 2024 (received by the IRS September 12, 2025)
  7. Updated Form 990-PF for fiscal year 2025 (received by the IRS March 18, 2026)
  8. IRS filings on file for fiscal years 2019–2025

Explore Open Grants

Browse active grant opportunities in The B&M Impact Foundation Inc's focus areas in our free grants database

Similar Funders

Funders with grantees in common, and similar funders in Indiana

Lilly Endowment Inc

Indianapolis, IN

Lilly Endowment funds community development, education and youth, and religion, with priority given to Indianapolis and Indiana and some national support, especially for religion. Its 2025 grants had a median of $100,000, though awards varied widely; for community development requests, it suggests starting with a brief preliminary letter.

Assets

$105.9B

Grants

2,285

Total Given

$3.9B

Duke Energy Foundation

Charlotte, NC

The Duke Energy Foundation funds workforce and local economic development, disaster resilience, conservation, clean water, and economic opportunity in North Carolina, South Carolina, Florida, Ohio, Kentucky, and Indiana. Its 2024 grants had a median of $25,000; applications for grants of $20,000 or less are accepted year-round, after applicants discuss proposals with a state representative.

Assets

$1.9M

Grants

41

Total Given

$25.6M

Tulsa Community Foundation

Tulsa, OK

Tulsa Community Foundation supports charitable causes through donor-advised grants and selected funds, including scholarships, emergency assistance, disaster relief, arts and humanities, healthcare, and financial literacy, primarily in the Tulsa metro area and eastern Oklahoma, with some giving elsewhere in the United States. Its 2024 median grant was $18,560; selected field-of-interest funds have application cycles, but the profile does not state whether it accepts unsolicited requests generally.

Assets

$1.1B

Grants

1,066

Total Given

$158.6M

Enterprise Holdings Foundation

Saint Louis, MO

The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.

Assets

$594.3M

Grants

1

Total Given

$101.4M

The Chicago Community Trust

Chicago, IL

The Chicago Community Trust funds eligible nonprofits working to narrow the wealth gap and meet urgent needs, with priorities including economic mobility, education, jobs, homeownership, and community development in metropolitan Chicago and Cook County. Its 2025 grants had a median of $26,500, though amounts varied widely; the profile does not state whether it accepts unsolicited requests.

Assets

$7.1B

Grants

4,316

Total Given

$1.2B

National Collegiate Athletic Association

Indianapolis, IN

The NCAA funds college sports, including member conferences and schools, championships, student-athlete programs, coaching and athletics administration, and academic initiatives. Its 2025 grants ranged from $5,000 to $61.9 million, with a median of $16,228; recipients were across the United States, with the largest reported shares in Texas, North Carolina, Illinois, and Alabama. The profile does not state whether the NCAA accepts unsolicited requests.

Assets

$1.1B

Grants

591

Total Given

$627.8M

More similar funders

More Funders in Indiana

Cite this profile

Grantable. (2026). The B&M Impact Foundation Inc funder profile. GrantGraph. Retrieved October 15, 2026, from https://grantable.co/funders/the-bandm-impact-foundation-inc-morg_6b003f6abc6243c189fa9cd8dce91890

BibTeX
@misc{grantable_823000189_2026,
  author       = {{Grantable}},
  title        = {{The B\&M Impact Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-bandm-impact-foundation-inc-morg_6b003f6abc6243c189fa9cd8dce91890},
  note         = {Accessed 2026-10-15. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The B&M Impact Foundation Inc'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.

The B&M Impact Foundation Inc down — hundreds of funders to go?

Want AI to do this for you?