Thomas S and Mary K Bagley

Foundation · Grantmaker CRYSTAL LAKE, IL EIN: 20-0833307

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

6states

Cities

BoulderCherry Hills VillageChicagoDenverDes PlainesGlenviewGreenwood VillageNew YorkStaten IslandUsaf AcademyVeniceVirginia BeachWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$664K$1M$2M$3M20202021202220232024
Metric202420232022
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

$0$129K$258K$387K$516K4 grants20203 grants202112 grants202212 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NAVY SEAL FOUNDATION$250KVOLUNTEERS OF AMERICA CO…$100KNAVY SEAL FOUNDATION$70KVOLUNTEERS OF AMERICA CO…$50KTUNNEL TO TOWERS FOUNDAT…$10KCHERRY HILLS PALMER SCHO…$10KJUST ONE INTERNATIONAL$5KCOLORADO VETERANS SUPPOR…$5KVOLUNTEERS OF AMERICA CO…$3KACE SCHOLARSHIP$3K

Grant Size Distribution

45 grants across all recorded years

33<$50K9$50–100K2$100–250K1$250–500K$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
NAVY SEAL FOUNDATION VIRGINIA BEACH, VAGENERAL FUND$250,000
NAVY SEAL FOUNDATION VIRGINIA BEACH, VAGENERAL FUND$70,000
JUST ONE INTERNATIONAL DES PLAINES, ILUNRESTRICTED$5,400
TUNNEL TO TOWERS FOUNDATION STATEN ISLAND, NYUNRESTRICTED$10,000
EVANS SCHOLARS FOUNDATION GLENVIEW, ILUNRESTRICTED$2,500
VOLUNTEERS OF AMERICA COLORADO DENVER, COGENERAL FUND$50,000
VOLUNTEERS OF AMERICA COLORADO DENVER, COGENERAL FUND$100,000
VOLUNTEERS OF AMERICA COLORADO DENVER, COGENERAL FUND$2,000
VOLUNTEERS OF AMERICA COLORADO DENVER, COGENERAL FUND$3,000
CHERRY HILLS PALMER SCHOLARSHIP INC CHERRY HILLS VILLAGE, COUNRESTRICTED$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
THOMAS S BAGLEYPRESIDENT
JAMES J BAGLEYTREASURER
CHARLES HARRISSECRETARY
MARY K BAGLEYVICE 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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