The Bond Foundation Inc
The Bond Foundation Inc is a private foundation, based in TIMONIUM, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 6 grants totaling $390K. Net investment income was $462K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.2M
+0.9% YoY
Annual Giving
$390K
+32.2% YoY
Grant Count
6
+20.0% YoY
Avg Grant Size
$65K
+10.2% YoY
Under IRS private-foundation payout rules, The Bond Foundation Inc reported a distributable amount of $196K for 2024 — the minimum it must pay out in qualifying distributions.
About The Bond Foundation Inc
Based on IRS filings
The Bond Foundation Inc is a private foundation, based in TIMONIUM, MD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 6 grants totaling $390K. Net investment income was $462K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,209,427 | $4,172,431 | $4,190,345 |
| Revenue | $468,449 | $307,938 | $2,258,384 |
| Expenses | $431,663 | $364,752 | $353,165 |
| Qualifying Distributions | $390,000 | $325,084 | $342,541 |
| Net Investment Income | $461,699 | $307,170 | $2,252,260 |
| Distributable Amount | $195,692 | $201,702 | $187,038 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
23 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Cato Institue ($200,000), St Andrews School ($100,000), Reason Foundation ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ST ANDREWS SCHOOL BOCA RATON, FL | GENERAL OPERATIONS | $100,000 |
| REASON FOUNDATION LOS ANGELES, CA | GENERAL OPERATIONS | $75,000 |
| CATO INSTITUE WASHINGTON, DC | GENERAL OPERATIONS | $200,000 |
| FREE THE PEOPLE FOUNDATION WASHINGTON, DC | GENERAL OPERATIONS | $5,000 |
| WASHINGTON UNIVERSITY IN ST LOUIS ST LOUIS, MO | GENERAL OPERATIONS | $5,000 |
| THE ATLAS SOCIETY LTD LODI, CA | GENERAL OPERATIONS | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BARON BOND | PRESIDENT | 1 | — |
| JEFF DALEY | TREASURER | 5 | $23,677 |
| MICHELE SHAFFER | VICE PRESIDENT/SECRETARY | 1 | — |
| HOWARD B MILLER | DIRECTOR | 1 | — |
| MAYRAV BOND - THROUGH 09302024 | DIRECTOR | 1 | — |
Frequently Asked Questions
How large is The Bond Foundation Inc?
As of 2024, The Bond Foundation Inc holds $4.2M in total assets with $468K in annual revenue. It awarded 6 grants totaling $390K in 2024.
Where does The Bond Foundation Inc operate?
The Bond Foundation Inc has awarded grants in California, District of Columbia, Florida, Illinois, Maryland, Missouri, Texas.
What size grants does The Bond Foundation Inc award?
In 2024, The Bond Foundation Inc awarded 6 grants totaling $390K — an average of about $65K per grant, based on its IRS Form 990 filings.
How much is The Bond Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bond Foundation Inc reported a distributable amount of $196K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Bond Foundation Inc's EIN?
The Bond Foundation Inc's EIN (Employer Identification Number) is 52-1754458. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Bond Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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