Bay Branch Foundation

OVERVIEW: The Bay Branch Foundation primarily funds grantmaking related to education, the arts, health, and children, youth, and social services.

IP TAKE: The foundation does not maintain a website, which restricts transparency about grantmaking strategies and guidelines.

PROFILE: Established in 1961, the Bay Branch Foundation was founded by the late Keith Wold and his wife Elaine, who continues to steer the foundation with next generation family members. The family is associated with the Wold Corporation in Florida. The foundation does not maintain a website, which makes it difficult to locate further information on its priority areas and grantmaking strategies. Tax filings suggest that the Bay Branch Foundation primarily funds grantmaking related to education, the arts, health, and children, youth, and social services.

The foundation does not have a website to guide grantseekers. It was initially founded  to support education and research projects. Keith, a doctor, was particularly interested in providing assistance to the handicapped and disabled. A few years ago, Elaine and Bay Branch Foundation made a $25 million gift to Boca Raton Regional Hospital, creating the Gloria Drummond Patient Tower, which bears the name of her longtime friend.

Grants range from $500 to $258,659. In a recent year, the foundation gave away around $985,000. Learn more about this funder’s local giving by examining its recent tax records. Grantmaking focuses on Florida. Past local grantees include Lynn University, Peaceful Mind Peaceful Life, Grand Opera, and Boca Raton Historical Society.

The foundation keeps a low profile and does not accept unsolicited proposals.

PEOPLE:

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CONTACT:

The Bay Branch Foundation does not provide a clear avenue for getting in touch with the family, but below is an address:

The Bay Branch Foundation
515 S. Federal Hwy., Ste. 201
Boca Raton, FL 33432