The Bulova Stetson Fund
The Bulova Stetson Fund is a private foundation based in Garden City, an individual recipient Its 2024 filing reports grants to charitable organizations in several states, including an individual recipient, Florida, California, and Delaware.
The Bulova Stetson Fund at a glance
In short: The Bulova Stetson Fund gave $659K across 38 grants in 2024 (avg $17K), mostly in New York. 16% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $659,000
- -3.5% vs 2023
- Grants made (2024)
- 38
- +2.7% vs 2023
- Average grant
- $17,342
- -6.1% vs 2023
- Median grant
- $10,000
- Total assets
- $13,097,670
- +5.0% vs 2023
- New grantees (estimate)
- 16% first-time grantees (6 of 38, 2024)
- Primary geography
- New York (53% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Bulova Stetson Fund
- Accepts unsolicited proposals
- No
- How to Apply
-
The fund makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
- Contact
Mailing address: 1225 Franklin Ave 500, Garden City, NY 11530
Phone: (516) 508-9623
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Bulova Stetson Fund funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Stetson University Inc ($60K). Together the top 10 received $400K.
Grant Size Distribution
220 grants across all recorded years
The most common grant size was under $50K: 208 grants of 220 (95%).
Geographic Focus
Where this funder awards grants
In 2024, an individual recipient recipients received 53% of grant dollars, Florida recipients 15%, California recipients 11%, Delaware recipients 9%, and Texas recipients 5%.
Grant Distribution by State
Share of 2024 grant dollars across all 38 itemized grants.
States
Cities
Is The Bulova Stetson Fund open to new grantees?
16%
first-time grantees, 2024
In 2024, 6 of 38 grantees (16%) were first-time recipients. First grants averaged $9K; repeat grants $19K. How we count
Medians: $10K first-time, $10K repeat.
- 84% of 2024 grantees were also funded in 2023. Method
- Giving grew 52% from 2021 to 2024. Method
- In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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
From 2020 to 2024, annual grant giving ranged from $433K (2021) to $683K (2023). In 2024 it made 38 grants totaling $659K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Stetson University Inc Deland, FL | General Purpose | $60,000 |
| Veterans Watchmaker Initiative Little Creek, DE | General Purpose | $60,000 |
| Multi-Disciplianary Psychadelic Research (Maps) San Jose, CA | General Purpose | $55,000 |
| Innocence Project Inc New York, NY | General Purpose | $50,000 |
| Fashion Institute of Techology Foundation New York, NY | General Purpose | $40,000 |
| St Vincent Ferrer High School New York, NY | General Purpose | $34,000 |
| Robin Hood Foundation New York, NY | General Purpose | $30,000 |
| United States Wheelchair Sports Fund Inc West Palm Beach, FL | General Purpose | $30,000 |
| Institute for Therapeutic Discovery Inc Providence, RI | General Purpose | $25,000 |
| Puppies Behind Bars Inc New York, NY | General Purpose | $16,000 |
Ready to take the next step with The Bulova Stetson Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $13,097,670 | $1,471,522 | $769,924 | $659,000 | 38 | $721,632 | $929,533 | $722,155 |
| 2023 | $12,468,455 | $371,508 | $831,884 | $683,000 | 37 | $761,232 | $354,132 | $654,533 |
| 2022 | $13,440,209 | $3,870,995 | $758,725 | $621,000 | 45 | $686,870 | $3,804,360 | $630,966 |
| 2021 | $10,022,872 | $1,108,823 | $612,966 | $432,500 | 46 | — | $279,189 | $671,662 |
| 2020 | $9,527,015 | $1,443,346 | $579,972 | $469,500 | 54 | — | $372,585 | $517,807 |
Under IRS private-foundation payout rules, The Bulova Stetson Fund reported a distributable amount of $722K for 2024 — 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 fund is provided. Its 2024 grants went to organizations working in areas such as education, veterans’ services, criminal justice, research, and support for people with disabilities. For example, the Veterans Watchmaker Initiative says it trains U.S. veterans, especially disabled veterans, in watch repair and helps them pursue careers in that field. Stetson University describes its mission as providing an excellent education and preparing students to become informed citizens. Puppies Behind Bars says it trains incarcerated people to raise service dogs for veterans and first responders, facility dogs for police departments, and detection canines for law enforcement.
Other 2024 grantees include the Fashion Institute of Technology Foundation, which says it provides scholarships and program support to the Fashion Institute of Technology, and the Institute for Therapeutic Discovery, which identifies chronic central nervous system disorders among its targeted indications.
Grantmaking
In 2024, the fund reported 38 grants totaling $659,000. Grant amounts ranged from $1,500 to $60,000, with a median of $10,000. Its largest reported grants included $60,000 each to Stetson University and the Veterans Watchmaker Initiative; $55,000 to the Multidisciplinary Association for Psychedelic Studies (MAPS); and $50,000 to the Innocence Project. The filing listed the purposes of these grants as “general purpose.”
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Xiao Li Tan as president and Daniel Edwards as secretary.
The Bulova Stetson Fund is led by Xiao Li Tan, President since 2023 (on filings since 2020); none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Xiao Li Tan
President
Director, Vice President & Treasurer → President & Director, 2022
President & Director → President, 2023
On filings since 2020
5 hrs/week
No compensation reported
Daniel Joseph Edwards
Secretary
Secretary → Secretary & Director, 2021
Secretary & Director → Secretary, 2023
On filings since 2020
5 hrs/week
No compensation reported
Former officers (3)
- Former: Philip Li (2020–2022) — Director
- Former: Paul Guilden (2020–2021) — President & Director
- Former: Daria Desiderio (2020) — Secretary
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.
Frequently asked questions about The Bulova Stetson Fund
How much does The Bulova Stetson Fund give each year?
The Bulova Stetson Fund gave $659K across 38 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $683K across 37 grants.
What is The Bulova Stetson Fund's typical grant size?
The Bulova Stetson Fund's median grant in 2024 was $10,000, and its average grant was $17,342, across 38 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Bulova Stetson Fund that year got $9K on average.
Where does The Bulova Stetson Fund give grants?
The Bulova Stetson Fund gives mostly in New York: 53% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Florida (15%) and California (11%). The most frequent recipient cities were New York, NY (15 grants), Brooklyn, NY (4 grants), San Jose, CA (2 grants) and San Francisco, CA (2 grants).
Does The Bulova Stetson Fund give general operating support?
Yes: 100% of The Bulova Stetson Fund's 2024 grants with a stated purpose (38 of 38) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Bulova Stetson Fund's largest grantees?
The Bulova Stetson Fund's largest 2024 grantees include Stetson University Inc ($60,000), Veterans Watchmaker Initiative ($60,000) and Multi-Disciplianary Psychadelic Research (Maps) ($55,000), according to its 2024 IRS Form 990-PF. Together they received 27% of its itemized 2024 grant dollars.
How large is The Bulova Stetson Fund?
The Bulova Stetson Fund reported $13.1M in total assets on its 2024 IRS Form 990-PF. It paid out $722K in qualifying distributions that year, against a required minimum of $722K (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 does The Bulova Stetson Fund fund?
No mission statement for the fund is provided. Its 2024 grants went to organizations working in areas such as education, veterans’ services, criminal justice, research, and support for people with disabilities. See mission & focus areas ↑
How do I apply for a grant from The Bulova Stetson Fund?
The fund makes contributions only to preselected charitable organizations and does not accept unsolicited requests. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Bulova Stetson Fund's EIN?
The Bulova Stetson Fund's EIN (Employer Identification Number) is 13-3470502. IRS Form 990 filing data is available on this page for 2020–2024.
Does The Bulova Stetson Fund 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
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Bulova Stetson Fund's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in New York
The New York Community Trust
New York, NY
The New York Community Trust funds nonprofit programs in areas such as arts, education, health, the environment, workforce development, and youth development, including projects that improve services, build organizational capacity, or advance policy and systems change. Its competitive grants mainly serve New York City, Long Island, and Westchester, with some national and international environmental funding; the 2024 median grant was $20,000. The profile does not state whether it accepts unsolicited requests.
Assets
$3.5B
Grants
2,748
Total Given
$193.8M
The Ford Foundation
New York, NY
The Ford Foundation funds organizations and initiatives working to reduce inequality and advance social justice, including work on civic engagement, civil rights, climate justice, disability rights, and technology and society. In 2024, its grants ranged from $45 to $15 million, with a median of $100,000, supporting work in the U.S. and internationally. It says most grants are identified by the foundation and it does not accept unsolicited proposals by mail, email, or phone; limited opportunities may be offered separately.
Assets
$17.5B
Grants
4,007
Total Given
$844.7M
The Simons Foundation Inc
New York, NY
The Simons Foundation funds research and public engagement in mathematics and the physical, life, autism, and neuroscience sciences. In 2024, it made 1,727 grants, with a median award of $72,000 and amounts ranging from $1,480 to $20 million, supporting organizations in the U.S. and internationally. It states that it funds only preselected charitable organizations and does not accept unsolicited requests.
Assets
$4.5B
Grants
1,727
Total Given
$272.0M
Local Initiatives Support Corporation
New York, NY
LISC funds affordable housing, community development, small businesses, and related efforts that strengthen inclusive communities, providing grants as well as loans, equity, and technical assistance across the country. Its 2024 grants had a median award of $40,000, though amounts varied widely. Application access is program-specific: for its Rhode Island child care facilities planning grants, applicants are instructed to consult program staff before submitting a request.
Assets
$1.6B
Grants
1,119
Total Given
$102.8M
Wellspring Philanthropic Fund Inc
New York, NY
Wellspring Philanthropic Fund supports human rights and social and economic justice, including work on climate, the environment, civic engagement, and Jewish causes, in the United States and internationally. Its 2024 grants had a median of $200,000, with amounts ranging from $500 to $9.75 million. It funds only preselected organizations and does not accept unsolicited requests; it plans to end grantmaking by the end of 2028.
Assets
$134.4M
Grants
1,101
Total Given
$326.0M
More Funders in New York
Cite this profile
Grantable. (2026). The Bulova Stetson Fund funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-bulova-stetson-fund-morg_1bcd4fe7ad0c4a178af15d8b5945dca5
BibTeX
@misc{grantable_133470502_2026,
author = {{Grantable}},
title = {{The Bulova Stetson Fund funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-bulova-stetson-fund-morg_1bcd4fe7ad0c4a178af15d8b5945dca5},
note = {Accessed 2026-10-14. 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 Bulova Stetson 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.
The Bulova Stetson Fund down — hundreds of funders to go?