The Bared Family Foundation

Private foundation · Grantmaker Coral Gables, FL EIN: 26-1612816

The Bared Family Foundation is a private foundation, based in Coral Gables, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $507K in total assets. In 2024, it awarded 1 grant totaling $100K. Net investment income was $972.

The Bared Family Foundation at a glance

In short: The Bared Family Foundation gave $100K across 1 grant in 2024 (avg $100K), mostly in Florida. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$100,000
+96.1% vs 2023
Grants made (2024)
1
-50.0% vs 2023
Average grant
$100,000
+292.2% vs 2023
Median grant
$100,000
Total assets
$506,833
-18.5% vs 2023
Primary geography
Florida (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who The Bared Family Foundation funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

University of Miami: $100KUniversity of Miami$100K

The largest 2024 recipient was University of Miami ($100K).

Grant Size Distribution

16 grants across all recorded years

13<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 13 grants of 16 (81%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of the 2024 grant dollars on its one itemized grant.

States

Cities

Coral GablesHoustonMiamiLake WorthMimiPincrest

How The Bared Family Foundation gives

  • Giving grew 136% from 2021 to 2024. Method
  • In 2024 it paid out 249% of its IRS minimum distribution (the 5% rule). 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$25K$50K$75K$100K4 grants2020 6 grants2021 3 grants2022 2 grants2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $38K (2020) to $100K (2024). In 2024 it made 1 grant totaling $100K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Miami Coral Gables, FLCharitable Donation$100,000
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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
2024$506,833$18,171$132,877$100,0001$109,550$972$43,937
2023$621,539$24,420$77,081$51,0002$60,000$5,506$41,477
2022$674,200$23,312$104,034$77,5003$85,625$3,053$47,294
2021$754,922$38,498$66,159$42,3446$49,219$23,028$52,226
2020$782,583$25,099$60,035$38,0004—$11,339$45,218

Under IRS private-foundation payout rules, The Bared Family Foundation reported a distributable amount of $44K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Bared Family Foundation's 2024 filing lists 3 officers; 1 of 3 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Patricia Bared

    Director

    On filings since 2020

    6 hrs/week

    $14K (2020) → $19K (2024)

  • Ivette Garrigo

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jose P. Bared

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

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.

Compensation Overview

From 2024 IRS filing

Patricia Bared — Director: $19KPatricia BaredDirector$19K

The highest reported compensation on the 2024 filing was $19K, to Patricia Bared (Director).

Frequently asked questions about The Bared Family Foundation

How much does The Bared Family Foundation give each year?

The Bared Family Foundation gave $100K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $51K across 2 grants.

How large is The Bared Family Foundation?

The Bared Family Foundation reported $507K in total assets on its 2024 IRS Form 990-PF. It paid out $110K in qualifying distributions that year, against a required minimum of $44K (roughly 5% of its investment assets).

Where does The Bared Family Foundation operate?

The Bared Family Foundation has awarded grants in Florida, Texas.

What is The Bared Family Foundation's EIN?

The Bared Family Foundation's EIN (Employer Identification Number) is 26-1612816. IRS Form 990 filing data is available on this page for 2020–2024.

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 2020–2024

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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 Bared Family 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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