The Galway Bay Foundation Inc

Private foundation · Grantmaker Bonita Springs, FL EIN: 22-3592574

The Galway Bay Foundation Inc is a private foundation, based in Bonita Springs, FL. IRS filing data is available from 2020 through 2024. In 2024, it awarded 1 grant totaling $421K. Net investment income was $431K.

The Galway Bay Foundation Inc at a glance

In short: The Galway Bay Foundation Inc gave $421K across 1 grant in 2024 (avg $421K), mostly in New Jersey. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$420,898
+85.7% vs 2023
Grants made (2024)
1
+0.0% vs 2023
Average grant
$420,898
+85.7% vs 2023
Median grant
$420,898
Primary geography
New Jersey (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 Galway Bay Foundation Inc funds

How this funder distributes its grants

Grant Size Distribution

12 grants across all recorded years

7<$50K1$50–100K1$100–250K3$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 12 (58%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

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

Cities

New YorkSaddle RiverNiagara UniversityWading River

How The Galway Bay Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+11%). Method
  • In 2024 it paid out 482% 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$200K$400K$600K2 grants2020 7 grants2021 1 grant2022 1 grant2023 1 grant2024

From 2020 to 2024, annual grant giving ranged from $107K (2020) to $421K (2024). In 2024 it made 1 grant totaling $421K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
See Statement a See Statement a, NJSee Statement a$420,898
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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—$437,401$427,450$420,8981$420,898$430,849$87,330
2023$1,705,614$47,757$247,614$226,5981$228,642$23,517$115,689
2022$1,905,471$416,895$276,984$258,9981$258,998$96,727$98,537
2021$1,611,594$235,658$400,596$378,5007$378,500$213,562$107,806
2020$1,776,532$382,678$126,771$107,2502—$63,157$99,849

Under IRS private-foundation payout rules, The Galway Bay Foundation Inc reported a distributable amount of $87K for 2024 — the minimum it must pay out in qualifying distributions.

Leadership & Key People

Officers and directors from IRS filings

The Galway Bay Foundation Inc is led by Thomas O'Brien, President on every filing since 2020; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Thomas O'Brien

    President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Christopher O'brien

    Vice President

    On filings since 2020

    1 hr/week

    No compensation reported

  • Patricia O'Brien

    Secretary

    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.

Frequently asked questions about The Galway Bay Foundation Inc

How much does The Galway Bay Foundation Inc give each year?

The Galway Bay Foundation Inc gave $421K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $227K across 1 grant.

Where does The Galway Bay Foundation Inc operate?

The Galway Bay Foundation Inc has awarded grants in New Jersey, New York.

How much is The Galway Bay Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Galway Bay Foundation Inc reported a distributable amount of $87K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Galway Bay Foundation Inc's EIN?

The Galway Bay Foundation Inc's EIN (Employer Identification Number) is 22-3592574. 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 Galway Bay 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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