Thomas S and Mary K Bagley is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRYSTAL LAKE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 14 grants totaling $516K. Net investment income was $166K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.7M
-12.3% YoY
Annual Giving
$516K
+24.2% YoY
Grant Count
14
+16.7% YoY
Avg Grant Size
$37K
+6.5% YoY
Under IRS private-foundation payout rules, Thomas S and Mary K Bagley reported a distributable amount of $146K for 2024 — the minimum it must pay out in qualifying distributions.
About Thomas S and Mary K Bagley
Based on IRS filings
Thomas S and Mary K Bagley is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRYSTAL LAKE, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.7M in total assets. In 2024, it awarded 14 grants totaling $516K. Net investment income was $166K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,711,208 | $3,091,245 | $2,397,850 |
| Revenue | $26,151 | $1,552,065 | $2,414,747 |
| Expenses | $550,622 | $438,009 | $294,141 |
| Qualifying Distributions | $536,110 | $415,270 | $285,965 |
| Net Investment Income | $166,188 | $455,511 | $334,685 |
| Distributable Amount | $145,663 | $128,241 | $65,733 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
45 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Navy Seal Foundation ($250,000), Volunteers of America Colorado ($100,000), Navy Seal Foundation ($70,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NAVY SEAL FOUNDATION VIRGINIA BEACH, VA | GENERAL FUND | $250,000 |
| NAVY SEAL FOUNDATION VIRGINIA BEACH, VA | GENERAL FUND | $70,000 |
| JUST ONE INTERNATIONAL DES PLAINES, IL | UNRESTRICTED | $5,400 |
| TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NY | UNRESTRICTED | $10,000 |
| EVANS SCHOLARS FOUNDATION GLENVIEW, IL | UNRESTRICTED | $2,500 |
| VOLUNTEERS OF AMERICA COLORADO DENVER, CO | GENERAL FUND | $50,000 |
| VOLUNTEERS OF AMERICA COLORADO DENVER, CO | GENERAL FUND | $100,000 |
| VOLUNTEERS OF AMERICA COLORADO DENVER, CO | GENERAL FUND | $2,000 |
| VOLUNTEERS OF AMERICA COLORADO DENVER, CO | GENERAL FUND | $3,000 |
| CHERRY HILLS PALMER SCHOLARSHIP INC CHERRY HILLS VILLAGE, CO | UNRESTRICTED | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS S BAGLEY | PRESIDENT | — | — |
| JAMES J BAGLEY | TREASURER | — | — |
| CHARLES HARRIS | SECRETARY | — | — |
| MARY K BAGLEY | VICE PRESIDE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Thomas S and Mary K Bagley?
Thomas S and Mary K Bagley is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CRYSTAL LAKE, IL. It holds $2.7M in total assets as of 2024.
How large is Thomas S and Mary K Bagley?
As of 2024, Thomas S and Mary K Bagley holds $2.7M in total assets with $26K in annual revenue. It awarded 14 grants totaling $516K in 2024.
Where does Thomas S and Mary K Bagley operate?
Thomas S and Mary K Bagley has awarded grants in California, Colorado, District of Columbia, Illinois, New York, Virginia.
What size grants does Thomas S and Mary K Bagley award?
In 2024, Thomas S and Mary K Bagley awarded 14 grants totaling $516K — an average of about $37K per grant, based on its IRS Form 990 filings.
How much is Thomas S and Mary K Bagley required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Thomas S and Mary K Bagley reported a distributable amount of $146K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Thomas S and Mary K Bagley's EIN?
Thomas S and Mary K Bagley's EIN (Employer Identification Number) is 20-0833307. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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