Bear Foundation

Analysis

Bear Foundation is a registered charity in United States, based in Rolling MDWS, IL. It received its IRS tax-exemption ruling in February 2018, 8 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bear Foundation reported income of $195k and spending of $134k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $298k to $195k (-34%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bear Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Best Robotics Inc ($195k), Joe Kocur Foundation for Children Inc ($195k) and United Way of Franklin County ($195k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.