The Betty and Bob Foundation Inc

Private foundation · Grantmaker Fort Myers Beach, FL EIN: 38-3353832

The Betty and Bob Foundation Inc is a private foundation focused on Recreation & Sports, based in Fort Myers Beach, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $17K. Net investment income was $80K.

The Betty and Bob Foundation Inc at a glance

In short: The Betty and Bob Foundation Inc gave $17K across 7 grants in 2024 (avg $2K), top state Florida. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$17,360
+324.4% vs 2023
Grants made (2024)
7
+133.3% vs 2023
Average grant
$2,480
+81.9% vs 2023
Median grant
$1,000
Total assets
$1,260,610
+4.4% vs 2023
Primary geography
Florida (35% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

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

Who The Betty and Bob Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Jentezen Franklin Ministries: $5KJentezen Franklin Ministries$5KSamaritans Purse: $5KSamaritans Purse$5KFt Myers Beach First Baptist Church: $4KFt Myers Beach First BaptistChurch$4KFort Myers Community Church: $1KFort Myers Community Church$1KCoral Ridge Ministries: $1KCoral Ridge Ministries$1KJohn Hagee Ministries: $1KJohn Hagee Ministries$1KInternational Fellowship: $360International Fellowship$360

The largest 2024 recipient was Jentezen Franklin Ministries ($5K). Together the top 7 received $17K.

Grant Size Distribution

16 grants across all recorded years

16<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 16 grants of 16 (100%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 7 itemized grants.

Cities

Fort MyersChicagoFort Myers BeachBooneEsteroFort LauderdaleGainsevilleSan Antonio

How The Betty and Bob Foundation Inc gives

  • Giving grew 334% from 2021 to 2024. Method
  • In 2024 it paid out 26% 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.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K$20K2 grants2020 2 grants2021 2 grants2022 3 grants2023 7 grants2024

From 2020 to 2024, annual grant giving ranged from $2K (2020) to $17K (2024). In 2024 it made 7 grants totaling $17K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Jentezen Franklin Ministries Gainseville, GAPromote Religious Teachings$5,000
Samaritans Purse Boone, NCProvide Assistance to the World's Poor & Suffering$5,000
Ft Myers Beach First Baptist Church Fort Myers Beach, FLPromote Religious Teachings$4,000
Fort Myers Community Church Ft Myers, FLPromote Religious Teachings$1,000
Coral Ridge Ministries Fort Lauderdale, FLPromote Religious Teachings$1,000
John Hagee Ministries San Antonio, TXPromote Religious Teachings$1,000
International Fellowship Chicago, ILBuilding bridges between christians and jews with humanitarian care and lifesaving aid$360
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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$1,260,610$94,787$41,272$17,3607$17,360$79,571$66,853
2023$1,207,374$31,121$24,588$4,0903$4,090$18,399$59,040
2022$1,201,150$220,996$19,939$6,0002$6,000$158,606$56,086
2021$1,000,464$57,536$32,331$4,0002$4,000$38,411$60,467
2020$977,634$305,496$28,645$2,0002—$336,975$46,072

Under IRS private-foundation payout rules, The Betty and Bob Foundation Inc reported a distributable amount of $67K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Betty and Bob Foundation Inc is led by Julie Foster, President, Secretary & Treasurer on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • Julie Foster

    President, Secretary & Treasurer

    On filings since 2020

    1 hr/week

    $12K (2020) → $0 (2024)

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 2020 IRS filing

Julie Foster — President/Secretary/Treasurer: $12KJulie FosterPresident/Secretary/Treasurer$12K

The highest reported compensation on the 2020 filing was $12K, to Julie Foster (President/Secretary/Treasurer).

Frequently asked questions about The Betty and Bob Foundation Inc

How much does The Betty and Bob Foundation Inc give each year?

The Betty and Bob Foundation Inc gave $17K across 7 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $4K across 3 grants.

What is The Betty and Bob Foundation Inc's typical grant size?

The Betty and Bob Foundation Inc's median grant in 2024 was $1,000, and its average grant was $2,480, across 7 grants on its 2024 IRS Form 990-PF.

Where does The Betty and Bob Foundation Inc give grants?

The Betty and Bob Foundation Inc's top state is Florida, with 35% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were Georgia (29%) and North Carolina (29%).

Does The Betty and Bob Foundation Inc give general operating support?

Not in 2024: none of the 7 grants with a stated purpose on The Betty and Bob Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Promote Religious Teachings" (5 grants).

Who are The Betty and Bob Foundation Inc's largest grantees?

The Betty and Bob Foundation Inc's largest 2024 grantees include Jentezen Franklin Ministries ($5,000), Samaritans Purse ($5,000) and Ft Myers Beach First Baptist Church ($4,000), according to its 2024 IRS Form 990-PF. Together they received 81% of its itemized 2024 grant dollars.

How large is The Betty and Bob Foundation Inc?

The Betty and Bob Foundation Inc reported $1.3M in total assets on its 2024 IRS Form 990-PF. It paid out $17K in qualifying distributions that year, against a required minimum of $67K (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 The Betty and Bob Foundation Inc?

The Betty and Bob Foundation Inc is a private foundation focused on Recreation & Sports, based in Fort Myers Beach, FL. It holds $1.3M in total assets as of 2024.

What is The Betty and Bob Foundation Inc's EIN?

The Betty and Bob Foundation Inc's EIN (Employer Identification Number) is 38-3353832. 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.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 12, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS February 15, 2023)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 18, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS December 2, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Live grants for the work The Betty and Bob Foundation Inc funds

Recreation & Sports Open opportunities, soonest deadline first.

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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 Betty and Bob 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.

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