The Herb Bailey Sch Fund 102292

BANGOR, ME EIN: 51-6578571

The Herb Bailey Sch Fund 102292 is a private foundation, based in BANGOR, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $93K in total assets. In 2024, it awarded 1 grants totaling $5K. Net investment income was $6K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$93K

+0.1% YoY

Annual Giving

$5K

-52.6% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$5K

-52.6% YoY

Under IRS private-foundation payout rules, The Herb Bailey Sch Fund 102292 reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

About The Herb Bailey Sch Fund 102292

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Massachusetts $34K (100%)

States

Massachusetts

Cities

Boston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$93,122	$93,032	$99,631
Revenue	$6,972	$5,674	$3,092
Expenses	$6,894	$12,257	$8,506
Qualifying Distributions	$5,256	$10,643	$7,732
Net Investment Income	$5,624	$4,311	$1,819
Distributable Amount	$5,643	$5,704	$6,124

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Massachusetts College of Pharmacy ($4,500).

Recipient	Purpose	Amount
MASSACHUSETTS COLLEGE OF PHARMACY BOSTON, MA	UNRESTRICTED GIFT	$4,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Frequently Asked Questions

How large is The Herb Bailey Sch Fund 102292?

As of 2024, The Herb Bailey Sch Fund 102292 holds $93K in total assets with $7K in annual revenue. It awarded 1 grants totaling $5K in 2024.

Where does The Herb Bailey Sch Fund 102292 operate?

The Herb Bailey Sch Fund 102292 has awarded grants in Massachusetts.

What size grants does The Herb Bailey Sch Fund 102292 award?

In 2024, The Herb Bailey Sch Fund 102292 awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.

How much is The Herb Bailey Sch Fund 102292 required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Herb Bailey Sch Fund 102292 reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Herb Bailey Sch Fund 102292's EIN?

The Herb Bailey Sch Fund 102292's EIN (Employer Identification Number) is 51-6578571. IRS Form 990 filing data is available on this page for 2020–2024.