The Lazy Bear Fund is a San Francisco-based concern which presents a series of annual events dedicated to raising funds for not-for-profit organizations which benefit, but not exclusively, the LGBT community. The Lazy Bear Fund Board of Directors designate annual beneficiaries based on need, provided that the beneficiary has received 501 (c) (3) status. While the majority of funds are dispersed to groups located within the Northern California area, the Lazy Bear Fund reserves the right to recognize and benefit non-profit groups throughout the country.