Bellows Family Foundation

Analysis

Bellows Family Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in February 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bellows Family Foundation reported income of $139k and spending of $1.0m, spending 721% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.2m to $139k (-88%), an average of -41% a year. The sharpest change came in the year to December 2022, when income dropped by 80%. Over the whole period it spent 90% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bellows Family Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 46th percentile within IL. Charities of a similar size with the same main cause include Branches for the Lake Inc ($139k), Atlantis Educational Foundation Inc ($139k) and George Rogers Clark Athleticboosters Inc ($139k).

At year end it held assets of $6.1m against liabilities of $15k, net assets of $6.1m.