The William O & Carole P Bailey Family
The William O & Carole P Bailey Family is a private foundation based in Richmond, Virginia. In 2024, it reported 26 grants totaling $158,500 to charitable organizations.
The William O & Carole P Bailey Family at a glance
In short: The William O & Carole P Bailey Family gave $159K across 26 grants in 2024 (avg $6K), top state New York. 19% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $158,500
- -13.2% vs 2023
- Grants made (2024)
- 26
- +23.8% vs 2023
- Average grant
- $6,096
- -29.9% vs 2023
- Median grant
- $5,000
- Total assets
- $1,185,112
- +1.2% vs 2023
- New grantees (estimate)
- 19% first-time grantees (5 of 26, 2024)
- Primary geography
- New York (33% 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 William O & Carole P Bailey Family
- Accepts unsolicited proposals
- No
- Contact
Mailing address: Co Mcguirewoods Llp PO Box 397, Richmond, VA 23218
Phone: (434) 977-2538
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The William O & Carole P Bailey Family funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Corazon de Nina ($33K). Together the top 10 received $119K.
Grant Size Distribution
153 grants across all recorded years
The most common grant size was under $50K: 148 grants of 153 (97%).
Geographic Focus
Where this funder awards grants
In 2024, the largest shares of grant dollars went to recipients in New York (33%), California (21%), Massachusetts (21%), and Connecticut (19%); Pennsylvania received 3%.
Grant Distribution by State
Share of 2024 grant dollars across all 26 itemized grants.
States
Cities
Is The William O & Carole P Bailey Family open to new grantees?
19%
first-time grantees, 2024
In 2024, 5 of 26 grantees (19%) were first-time recipients. First grants averaged $2K; repeat grants $7K. How we count
Medians: $1K first-time, $5K repeat.
- 54% of 2024 grantees were also funded in 2023. Method
- Giving fell 76% from 2021 to 2024. Method
- In 2024 it paid out 108% of its IRS minimum distribution (the 5% rule). 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 $159K (2024) to $654K (2021). In 2024 it made 26 grants totaling $159K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Corazon de Nina La Jolla, CA | Unrestricted Operational Support | $32,500 |
| Cycle Kids Inc Cambridge, MA | Unrestricted Operational Support | $22,500 |
| Wildlife Conservation Society Bronx, NY | Unrestricted Operational Support | $10,000 |
| Essex County Community Foundation Danvers, MA | Unrestricted Operational Support | $10,000 |
| New York Landmarks Conservancy New York, NY | Unrestricted Operational Support | $10,000 |
| Schwarzman Animal Medical Center of New York New York, NY | Unrestricted Operational Support | $10,000 |
| New York City Ballet New York, NY | Unrestricted Operational Support | $7,500 |
| Planned Parenthood of Southern New England New Haven, CT | Unrestricted Operational Support | $6,000 |
| Sharon Fire & Ambulance Fund Sharon, CT | Unrestricted Operational Support | $5,000 |
| Sharon Playhouse Sharon, CT | Unrestricted Operational Support | $5,000 |
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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 | $1,185,112 | $200,720 | $185,239 | $158,500 | 26 | $172,128 | $187,609 | $158,791 |
| 2023 | $1,171,464 | $-164,023 | $200,576 | $182,500 | 21 | $182,620 | $8,109 | $140,527 |
| 2022 | $1,475,158 | $43,980 | $438,262 | $396,500 | 29 | $404,055 | $16,773 | $158,328 |
| 2021 | $1,922,500 | $664,432 | $717,151 | $654,000 | 40 | $663,201 | $621,982 | $221,738 |
| 2020 | $1,950,609 | $728,075 | $453,427 | $411,750 | 37 | — | $713,011 | $169,250 |
Under IRS private-foundation payout rules, The William O & Carole P Bailey Family reported a distributable amount of $159K 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 foundation is provided. Its 2024 grants show support for organizations working in areas including community assistance, children’s physical activity, wildlife and land conservation, historic preservation, and ballet education.
Among its grantees, Corazon de Nina describes its work as providing education, food supplies, and assistance to families, including support for children’s education, clothing, food, shelter, medical expenses, and general welfare. Cycle Kids says its mission is to get children riding bicycles and engage them in physical activity addressing health and emotional issues. The Wildlife Conservation Society says it works to save wildlife and wild places through science, conservation, education, and inspiring people to value nature. New York Landmarks Conservancy describes its work as preserving and revitalizing New York’s architecture.
Grantmaking
In 2024, the foundation made 26 grants totaling $158,500. Grants ranged from $500 to $32,500, with a median grant of $5,000. The largest awards included $32,500 to Corazon de Nina and $22,500 to Cycle Kids Inc. Other notable grants were $10,000 each to Wildlife Conservation Society, Essex County Community Foundation, New York Landmarks Conservancy, and Schwarzman Animal Medical Center of New York.
The listed 2024 grants were for unrestricted operational support. The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Carole P Bailey French as President and Director; Carolyn L Bailey as Corresponding Secretary; George E Bailey as Recording Secretary; and Janet Bailey Faude as Treasurer.
The William O & Carole P Bailey Family is led by Carole P Bailey French, President & Director on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
Carole P Bailey French
President & Director
On filings since 2020
10 hrs/week
No compensation reported
Carolyn L Bailey
Corresponding Secretary
On filings since 2020
10 hrs/week
No compensation reported
George E Bailey
Recording Secretary
On filings since 2020
10 hrs/week
No compensation reported
Janet Bailey Faude
Treasurer
On filings since 2020
10 hrs/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 William O & Carole P Bailey Family
How much does The William O & Carole P Bailey Family give each year?
The William O & Carole P Bailey Family gave $159K across 26 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $183K across 21 grants.
What is The William O & Carole P Bailey Family's typical grant size?
The William O & Carole P Bailey Family's median grant in 2024 was $5,000, and its average grant was $6,096, across 26 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The William O & Carole P Bailey Family that year got $2K on average.
Where does The William O & Carole P Bailey Family give grants?
The William O & Carole P Bailey Family's top state is New York, with 33% of the grant dollars itemized on its 2024 IRS Form 990-PF. The next largest states were California (21%) and Massachusetts (21%). The most frequent recipient cities were New York, NY (6 grants), Sharon, CT (4 grants), Hartford, CT (3 grants) and New Haven, CT (2 grants).
Does The William O & Carole P Bailey Family give general operating support?
Yes: 100% of The William O & Carole P Bailey Family's 2024 grants with a stated purpose (26 of 26) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The William O & Carole P Bailey Family's largest grantees?
The William O & Carole P Bailey Family's largest 2024 grantees include Corazon de Nina ($32,500), Cycle Kids Inc ($22,500) and Wildlife Conservation Society ($10,000), according to its 2024 IRS Form 990-PF. Together they received 41% of its itemized 2024 grant dollars.
How large is The William O & Carole P Bailey Family?
The William O & Carole P Bailey Family reported $1.2M in total assets on its 2024 IRS Form 990-PF. It paid out $172K in qualifying distributions that year, against a required minimum of $159K (roughly 5% of its investment assets).
What does The William O & Carole P Bailey Family fund?
No mission statement for the foundation is provided. Its 2024 grants show support for organizations working in areas including community assistance, children’s physical activity, wildlife and land conservation, historic preservation, and ballet education. See mission & focus areas ↑
How do I apply for a grant from The William O & Carole P Bailey Family?
The William O & Carole P Bailey Family does not accept unsolicited proposals, according to Grantable's research on its published guidelines.
What is The William O & Carole P Bailey Family's EIN?
The William O & Carole P Bailey Family's EIN (Employer Identification Number) is 54-1860572. IRS Form 990 filing data is available on this page for 2020–2024.
Does The William O & Carole P Bailey Family 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
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Cite this profile
Grantable. (2026). The William O & Carole P Bailey Family funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/the-william-o-and-carole-p-bailey-family-morg_29853cb43889427183d4584d7bf13b8d
BibTeX
@misc{grantable_541860572_2026,
author = {{Grantable}},
title = {{The William O \& Carole P Bailey Family funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-william-o-and-carole-p-bailey-family-morg_29853cb43889427183d4584d7bf13b8d},
note = {Accessed 2026-10-10. 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 William O & Carole P Bailey Family'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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