The New York State Capitol

Form 990-PFTax year 2025EIN 16-1255123

BGM Foundation

A private foundation in Vestal, NY. Its return for tax year 2025 lists 24 grants and $342,050 paid in grants.

Tax year 2025 (period ending Feb 28, 2026), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

8 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2025

    $342,050

    Grants listed
    24
    Assets, end of year
    $2,518,167
  • Tax year 2024

    $431,050

    Grants listed
    20
    Assets, end of year
    $2,714,834
  • Tax year 2023

    $333,650

    Grants listed
    13
    Assets, end of year
    $2,007,089
  • Tax year 2022

    $296,250

    Grants listed
    14
    Assets, end of year
    $1,280,522
  • Tax year 2021

    $38,820

    Grants listed
    8
    Assets, end of year
    $1,291,644
  • Tax year 2020

    $128,700

    Grants listed
    12
    Assets, end of year
    $1,158,434
  • Tax year 2019

    $47,400

    Grants listed
    21
    Assets, end of year
    $1,151,191
  • Tax year 2018

    $56,273

    Grants listed
    18
    Assets, end of year
    $1,115,911

Grants paid in 2025

24 grants, largest first

As listed on the return. Grants to individuals show as “Individual”, with purpose and amount only.

  1. Binghamton University FoundationBinghamton, NY

    Support

    $250,000
  2. Uhs FoundationBinghamton, NY

    Support

    $55,300
  3. Spiedie Fest Balloon Rally ExpoBinghamton, NY

    Support

    $10,000
  4. Lourdes Hospital FoundationBinghamton, NY

    Support

    $5,000
  5. Loures Hospital AuxiliaryBinghamton, NY

    Support

    $5,000
  6. Individual

    Support

    $5,000
  7. Broome County Arts CouncilBinghamton, NY

    Support

    $4,000
  8. Individual

    Support

    $1,500
  9. Individual

    Support

    $1,250
  10. Girl Scouts of NYPENN PathwaysSyracuse, NY

    Support

    $1,000
  11. Individual

    Support

    $650
  12. American Heart AssociationDallas, TX

    Support

    $600
  13. Broome County Council of ChurchesBinghamton, NY

    Support

    $600
  14. The Cholangiocarcinoma FoundationSalt Lake City, UT

    Support

    $250
  15. The Gideons InternationalNashville, TN

    Support

    $250
  16. Mercy House of the Southern TierEndicott, NY

    Support

    $200
  17. Broome County Humane SocietyBinghamton, NY

    Support

    $200
  18. Endicott Sons of Italy Lodge 443Endicott, NY

    Support

    $200
  19. Individual

    Support

    $200
  20. Individual

    Support

    $200
  21. Individual

    Support

    $200
  22. Alzheimer's AssociationSyracuse, NY

    Support

    $150
  23. Sarcoma Foundation of AmericaBethesda, MD

    Support

    $150
  24. Individual

    Support

    $150

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Housing and shelter1 grant $250,00092% of the total
  2. Human services3 grants $10,8004% of the total
  3. Health2 grants $5,6002% of the total
  4. Arts and culture2 grants $4,1502% of the total
  5. Medical research1 grant $250<1% of the total
  6. Animals1 grant $200<1% of the total

By State

Grants to organizations with a US address, latest year.

  1. New York12 grants $331,650
  2. Iowa1 grant $600
  3. Tennessee1 grant $250
  4. Utah1 grant $250
  5. Maryland1 grant $150

Officers, directors and trustees

3 people as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Philip AkelTrustee Hours 0Pay $0
  • Ferris Akel IIITrustee Hours 0Pay $0
  • Ronald AkelTrustee Hours 0Pay $0

The return

More foundations

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Same main cause (housing and shelter), giving between a quarter and four times this foundation’s where possible, nearby first.

  1. The Harvey & Elizabeth Prior Shriber Charitable Foundation TrustVestal, NY 35 grants Preselected only $116,850 giving
  2. Onagul FoundationMonsey, NY 16 grants Preselected only $340,760 giving
  3. Riverhead Building Supply Charitable Foundation IncCalverton, NY 10 grants Preselected only $335,350 giving
  4. The Calamus Foundation IncJericho, NY 14 grants Preselected only $359,459 giving
  5. Henry Uihlein II and Mildred A Uihlein FoundationLake Placid, NY 23 grants Preselected only $294,771 giving