Ah Bean Foundation Inc
AH Bean Foundation Inc is a private foundation established in 1985 and based in Birmingham, Alabama. The foundation operates as a 501(c)(3) organization with a focus on philanthropic giving to support education, health, medical purposes, and Christian and Protestant churches.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$8.6M
-1.9% YoY
Annual Giving
$485K
+8.6% YoY
Grant Count
1
-96.7% YoY
Avg Grant Size
$485K
+3156.5% YoY
Under IRS private-foundation payout rules, Ah Bean Foundation Inc reported a distributable amount of $497K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary giving interests include:
- Higher education
- Health and medical purposes
- Christian and Protestant churches
- Human services
- Philanthropy and voluntarism
Grantmaking
The foundation accepts applications.
Grant Range
$1,000–$89,000
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Alabama, with some grants extending to organizations in Tennessee, Oklahoma, Arizona, and California.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total assets: $8,607,781
- Total revenues: $389,032
- Total expenses: $591,671
- Investment income and dividends: $181,150
- Net gain from sale of non-inventory assets: $186,477
Historical Assets:
- 2023: $8.2 million
- 2022: $8.1 million
- 2021: $8.0 million
- 2020: $8.3 million
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,607,781 | $8,775,246 | $8,238,750 |
| Revenue | $476,169 | $229,191 | $714,473 |
| Expenses | $591,671 | $570,967 | $599,434 |
| Qualifying Distributions | $501,606 | $527,645 | $535,518 |
| Net Investment Income | $385,356 | $130,256 | $481,624 |
| Distributable Amount | $496,623 | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
118 grants across all recorded years
Open Grants
1 open opportunity from Ah Bean Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include See Attached ($484,682).
| Recipient | Purpose | Amount |
|---|---|---|
| SEE ATTACHED BIRMINGHAM, AL | GENERAL OPERATING | $484,682 |
Leadership & Key People
Leadership team and compensation from IRS filings
Regions Bank serves as trustee of the foundation.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| REGIONS BANK | TRUSTEE | 1 | $57,370 |
Contact Information
- Address: PO Box 11647, Birmingham, AL 35202-1647
- Phone: 205-820-3141
- EIN: 63-6134142
Frequently Asked Questions
What does Ah Bean Foundation Inc fund?
The foundation's primary giving interests include: • Higher education • Health and medical purposes • Christian and Protestant churches • Human services • Philanthropy and voluntarism
How do I apply for a grant from Ah Bean Foundation Inc?
**Grant Activity:** • Total annual giving: approximately $447,000–$484,000 • Number of grants: 26–33 grants annually • Grant range: $1,000–$89,000 • Median grant size: $6,000–$16,000 **Recent Grant Recipients (2023):** • Flatwoods Baptist Church: $89,000 • Central Church of Christ: $75,000 • American Christian Academy: $55,000 • Shelton State Community College: $50,000 • St. Jude Children's Research Hospital: $16,000 • Voice of the Martyrs: $15,000 • Phoenix Rescue Mission: $15,000 • Through th…
Where does Ah Bean Foundation Inc make grants?
The foundation primarily funds organizations in Alabama, with some grants extending to organizations in Tennessee, Oklahoma, Arizona, and California.
What size grants does Ah Bean Foundation Inc award?
In 2024, Ah Bean Foundation Inc awarded 1 grants totaling $485K — an average of about $485K per grant, based on its IRS Form 990 filings.
How much is Ah Bean Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ah Bean Foundation Inc reported a distributable amount of $497K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ah Bean Foundation Inc's EIN?
Ah Bean Foundation Inc's EIN (Employer Identification Number) is 63-6134142. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ah Bean Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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