Thomas S and Mary K Bagley

Private foundation · Grantmaker Crystal Lake, IL EIN: 20-0833307

Thomas S and Mary K Bagley is a private foundation based in Crystal Lake, Illinois. In filing year 2025, it reported giving $403,162 through 17 grants to charitable organizations, including organizations supporting veterans, education, and other causes.

Key facts about Thomas S and Mary K Bagley

In short: Thomas S and Mary K Bagley gave $403K across 17 grants in 2025 (avg $24K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
20-0833307
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$403,162
Grants made (2025)
17
Average grant
$23,715
Median grant
$5,000
Total assets
$3,329,536
Primary geography
Virginia (75% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Full details ↓

Data from IRS Form 990-PF, 2025; updated September 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$3.3M

+22.8% YoY

Annual Giving

$403K

-21.9% YoY

Grant Count

17

+21.4% YoY

Avg Grant Size

$24K

-35.6% YoY

Under IRS private-foundation payout rules, Thomas S and Mary K Bagley reported a distributable amount of $140K for 2025 — the minimum it must pay out in qualifying distributions.

How Thomas S and Mary K Bagley gives

  • 62% of 2025 grantees were also funded in 2024. Method
  • Giving grew 41% from 2022 to 2025. Method
  • In 2025 it paid out 288% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2025 grants included support for the Navy SEAL Foundation, Volunteers of America Colorado, and organizations involved in veterans’ support, scholarships, and other charitable work.

The Navy SEAL Foundation describes its mission as providing critical support for warriors, veterans, and families of Naval Special Warfare. Colorado Veterans Support says it aids, assists, and supports U.S. military veterans. The Evans Scholars Foundation says it provides scholarships and educational opportunities for caddies and promotes recipients’ social and educational welfare.

Grantmaking

In filing year 2025, the foundation reported 17 grants totaling $403,162. Grant amounts ranged from $2,500 to $250,000, with a median grant of $5,000. Notable awards included $250,000 and $50,000 to the Navy SEAL Foundation, $20,000 to Volunteers of America Colorado for Irving Street Women’s Residence, and $15,000 each to Volunteers of America Colorado for veteran general support and its Veteran’s Assistance Fund.

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Geographic Focus

Where this funder awards grants

The foundation’s 2025 grant dollars went primarily to recipients in Virginia (75%) and Colorado (17%). The remaining reported shares went to New York (3%), Illinois (2%), and Florida (1%).

Grant Distribution by State

7states

Share of 2025 grant dollars across all 17 itemized grants.

Cities

DenverVirginia BeachVeniceChicagoBoulderCherry Hills VillageGlenviewGreenwood VillageStaten IslandNew YorkWashingtonDes PlainesOrlandoUsaf Academy

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K4 grants2020 3 grants2021 12 grants2022 12 grants2023 14 grants2024 17 grants2025

From 2020 to 2025, annual grant giving ranged from $131K (2020) to $516K (2024). In 2025 it made 17 grants totaling $403K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Navy Seal Foundation: $304K across 3 grantsNavy Seal Foundation$304K · 3 grantsVolunteers of America Colorado: $50K across 3 grantsVolunteers of America Colorado$50K · 3 grantsTunnel to Towers Foundation: $10KTunnel to Towers Foundation$10KCherry Hills Palmer Scholarship Inc: $10KCherry Hills PalmerScholarship Inc$10KColorado Veterans Support Inc: $5KColorado Veterans Support Inc$5KAlzheimer's Association: $5KAlzheimer's Association$5KArnold & Winnie Palmer Foundation: $4KArnold & Winnie PalmerFoundation$4KAccess Opportunity: $3KAccess Opportunity$3KEvans Scholars Foundation: $3KEvans Scholars Foundation$3KJewish National Fund USA: $3KJewish National Fund USA$3K

The largest 2025 recipient was Navy Seal Foundation ($304K across 3 grants). Together the top 10 received $396K.

Grant Size Distribution

58 grants across all recorded years

46<$50K8$50–100K2$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 46 grants of 58 (79%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Navy Seal Foundation Virginia Beach, VAGeneral Fund Midwest Evening Tribute$250,000
Navy Seal Foundation Virginia Beach, VAGeneral Fund Sanctuary Golf Outing$50,000
Volunteers of America Colorado Denver, COIrving Street Women's Residence$20,000
Volunteers of America Colorado Denver, COVeteran General Support$15,000
Volunteers of America Colorado Denver, COVeteran's Assistance Fund$15,000
Tunnel to Towers Foundation Staten Island, NYUnrestricted$10,000
Cherry Hills Palmer Scholarship Inc Cherry Hills Village, COPalmer Scholarship Program$10,000
Colorado Veterans Support Inc Boulder, COPatriots Day Golf Event$5,000
Alzheimer's Association Chicago, ILAlzeheimer's Association Gala$5,000
Arnold & Winnie Palmer Foundation Orlando, FLUnrestricted$4,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2025 $3,329,536 $902,113 $407,719 $403,162
2024 $2,711,208 $26,151 $550,622 $515,900
2023 $3,091,245 $1,552,065 $438,009 $415,245
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$2M$3M2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$3,329,536$2,711,208$3,091,245
Revenue$902,113$26,151$1,552,065
Expenses$407,719$550,622$438,009
Qualifying Distributions$403,187$536,110$415,270
Net Investment Income$146,364$166,188$455,511
Distributable Amount$139,803$145,663$128,241

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 12, 2026)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Thomas S Bagley as president, James J Bagley as treasurer, Charles Harris as secretary, and Mary K Bagley as vice president.

Thomas S and Mary K Bagley is led by Thomas S. Bagley, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Thomas S. Bagley

    President

    On filings since 2020

    No compensation reported

  • Charles Harris

    Secretary

    On filings since 2020

    No compensation reported

  • James J. Bagley

    Treasurer

    On filings since 2020

    No compensation reported

  • Mary K. Bagley

    Vice President

    On filings since 2020

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 190 Liberty Rd, Crystal Lake, IL 60014
Phone: (847) 458-9070

Frequently asked questions about Thomas S and Mary K Bagley

How much does Thomas S and Mary K Bagley give each year?

Thomas S and Mary K Bagley gave $403K across 17 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $516K across 14 grants.

What is Thomas S and Mary K Bagley's typical grant size?

Thomas S and Mary K Bagley's median grant in 2025 was $5,000, and its average grant was $23,715, across 17 grants on its 2025 IRS Form 990-PF.

Where does Thomas S and Mary K Bagley give grants?

Thomas S and Mary K Bagley gives mostly in Virginia: 75% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Colorado (17%). The most frequent recipient cities were Denver, CO (4 grants), Virginia Beach, VA (3 grants), Boulder, CO (2 grants) and Chicago, IL (2 grants).

Does Thomas S and Mary K Bagley give general operating support?

Yes: 53% of Thomas S and Mary K Bagley's 2025 grants with a stated purpose (9 of 17) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Thomas S and Mary K Bagley's largest grantees?

Thomas S and Mary K Bagley's largest 2025 grantees include Navy Seal Foundation ($303,662 across 3 grants), Volunteers of America Colorado ($50,000 across 3 grants) and Tunnel to Towers Foundation ($10,000), according to its 2025 IRS Form 990-PF. Together they received 90% of its itemized 2025 grant dollars.

How large is Thomas S and Mary K Bagley?

Thomas S and Mary K Bagley reported $3.3M in total assets on its 2025 IRS Form 990-PF. It paid out $403K in qualifying distributions that year, against a required minimum of $140K (roughly 5% of its investment assets).

What does Thomas S and Mary K Bagley fund?

No mission statement for the foundation is provided. Its 2025 grants included support for the Navy SEAL Foundation, Volunteers of America Colorado, and organizations involved in veterans’ support, scholarships, and other charitable work. See mission & focus areas ↑

How do I apply for a grant from Thomas S and Mary K Bagley?

The foundation does not accept unsolicited requests for funds and states that it contributes only to preselected charitable organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

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 2020–2025.

Does Thomas S and Mary K Bagley accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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