The Bonus Fund

Private foundation · Grantmaker Naples, FL EIN: 20-2843047

The Bonus Fund is a private foundation, based in Naples, FL. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $14.9M in total assets. In 2024, it awarded 6 grants totaling $270K. Net investment income was $44K.

The Bonus Fund at a glance

In short: The Bonus Fund gave $270K across 6 grants in 2024 (avg $45K), top state Massachusetts. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$270,000
Grants made (2024)
6
Average grant
$45,000
Median grant
$45,000
Total assets
$14,902,473
+1046.7% vs 2023
Primary geography
Massachusetts (33% 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 Bonus Fund funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Cape Cod Children's Place: $45KCape Cod Children's Place$45KCash for Refugees: $45KCash for Refugees$45KDirect Relief: $45KDirect Relief$45KInternational Rescue Committee: $45KInternational Rescue Committee$45KJuvenile Diabetes Research Foundation: $45KJuvenile Diabetes ResearchFoundation$45KMercy Corps Humanitarian Response Fund: $45KMercy Corps HumanitarianResponse Fund$45K

The largest 2024 recipient was Cape Cod Children's Place ($45K). Together the top 6 received $270K.

Grant Size Distribution

16 grants across all recorded years

9<$50K2$50–100K4$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 9 grants of 16 (56%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

8states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

Albert LeaBooneHagerstownNorth EasthamSanta BarbaraBaltimoreBostonIndianapolisLong Island CityNew YorkWashington

How The Bonus Fund gives

  • In 2024 it paid out 243% 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$500K$1M$1.5M10 grants2022 0 grants2023 6 grants2024

From 2022 to 2024, annual grant giving ranged from $270K (2024) to $1.1M (2022). In 2024 it made 6 grants totaling $270K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Cape Cod Children's Place North Eastham, MAGeneral Purposes$45,000
Cash for Refugees Boston, MAGeneral Purposes$45,000
Direct Relief Santa Barbara, CAGeneral Purposes$45,000
International Rescue Committee Albert Lea, MNGeneral Purposes$45,000
Juvenile Diabetes Research Foundation Hagerstown, MDGeneral Purposes$45,000
Mercy Corps Humanitarian Response Fund Boone, IAGeneral Purposes$45,000
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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$14,902,473$13,883,447$285,288$270,0006$270,000$44,044$111,275
2023$1,299,639$395,768$12,815———$382,953$47,964
2022$1,203,896$729,195$1,079,427$1,065,00010$1,065,000$214,768$50,302

Under IRS private-foundation payout rules, The Bonus Fund reported a distributable amount of $111K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Bonus Fund is led by Sarah Q. Yoshida, Managing Trustee on the 2024 filing; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Sarah Q. Yoshida

    Managing Trustee

    New on the 2024 filing

    0.8 hrs/week

    No compensation reported

  • Marybeth McInnis Esq.

    Co-Trustee

    New on the 2024 filing

    0.3 hrs/week

    No compensation reported

Former officers (2)
  • Former: Sarah Q. Yoshida Co Curbstone Fin'l (2022–2023) — Managing Trustee
  • Former: Diana Lee Digges Co Curbstone Fin'l (2022) — Trustee

Data from IRS Form 990 filings, 2022–2024. "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 Bonus Fund

How much does The Bonus Fund give each year?

The Bonus Fund gave $270K across 6 grants in 2024, according to its 2024 IRS Form 990-PF.

What is The Bonus Fund's typical grant size?

The Bonus Fund's median grant in 2024 was $45,000, and its average grant was $45,000, across 6 grants on its 2024 IRS Form 990-PF.

Where does The Bonus Fund give grants?

The Bonus Fund's top state is Massachusetts, with 33% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (17%) and Minnesota (17%).

Does The Bonus Fund give general operating support?

Yes: 100% of The Bonus Fund's 2024 grants with a stated purpose (6 of 6) were for general or operating support, per its 2024 IRS Form 990-PF.

Who are The Bonus Fund's largest grantees?

The Bonus Fund's largest 2024 grantees include Cape Cod Children's Place ($45,000), Cash for Refugees ($45,000) and Direct Relief ($45,000), according to its 2024 IRS Form 990-PF. Together they received 50% of its itemized 2024 grant dollars.

How large is The Bonus Fund?

The Bonus Fund reported $14.9M in total assets on its 2024 IRS Form 990-PF. It paid out $270K in qualifying distributions that year, against a required minimum of $111K (roughly 5% of its investment assets).

What is The Bonus Fund's EIN?

The Bonus Fund's EIN (Employer Identification Number) is 20-2843047. IRS Form 990 filing data is available on this page for 2022–2024.

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 2022–2024

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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 Bonus Fund'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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