The BPI Foundation is committed to improving the financial literacy of Americans of all ages and supporting the charitable giving of members of the Bank Policy Institute.

501(c)(3) charity; gifts are tax-deductible.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78

Before you give

FY2024 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990-PF
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
0 of 5
filings with a surplus
Average deficit $48K a year · 360% of revenue · last 5 filings
Concern: a surplus in 0 of the last 5 filings.
990-PF Pt I · 5 filings
13 mo
of spending, in cash
Looks good: 13.0 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$118K
20% of total assets
Looks good: liabilities are 20% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$15K
+7% vs prior year
Spent
$49K
Net assets
$470K
By yearFY2020–FY2024
Revenue
$15K
FY2024▲ +7%
Tap a bar for its year
Revenue by fiscal year
FY2020$13K
FY2021$7
FY2022$26K
FY2023$14K
FY2024$15K
Expenses
$49K
FY2024▼ -22%
Tap a bar for its year
Expenses by fiscal year
FY2020$105K
FY2021$63K
FY2022$31K
FY2023$63K
FY2024$49K
Net assets
$470K
FY2024▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$542K
FY2021$479K
FY2022$453K
FY2023$460K
FY2024$470K

From the FY2024 Form 990 · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 2008.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 93% · $46K Operating & administrative 7% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

3 people listed on the 990-PF.

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Bpi Foundation executive salaries →

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Programs and updates

Educates Americans on financial literacy and supports charitable giving.

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Provided by the organization

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1 program · $60K · in their own filed words · FY2023
01

Grants

Grants are awarded to organizations that promote financial literacy or advance sound financial regulation and policy.

$60Kprogram expense

Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 3 grants · $46K · 2024–2024
Program on Int'l Fin SystemsFY2024$11,000
Women in Housing and FinanceFY2024$5,000

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV1
Average grantPart XV$15K
Median grantPart XV$11K
Largest grantPart XV$30K
Top cause focusNTEEEducation (33%)

By the numbers

The FY2024 990-PF, line by line.

1The main four
Money in
$15K
Investment income$15K
Money out
$49K
Grants paid$46K
Running costs$3K
Owns and owes
$470K
net assets
Cash and savings$53K
Total assets$587K
Liabilities$118K
People
3
listed
Paid0
2In more detail
Revenue in detail
Investment income$15K
Total revenue$15K
Assets in detailEnd of year
Cash and savings together$53K
Total assets$587K
Liabilities$118K
Net assets$470K
Operations
Employees0
Volunteers0
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $15K$49K−$34K$470K 990 PDF
FY2023 $14K$63K−$49K$460K 990 PDF
FY2022 $26K$31K−$4K$453K 990 PDF
FY2021 $7$63K−$63K$479K 990 PDF
FY2020 $13K$105K−$92K$542K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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