Beacom Family Foundation
Beacom Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sioux Falls, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 18 grants totaling $186K. Net investment income was $135K.
Key facts about Beacom Family Foundation
- EIN
- 81-4810569
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $186,000
- Grants made (2024)
- 18
- Average grant
- $10,333
- Median grant
- $5,500
- New grantees (estimate)
- 67% first-time grantees (12 of 18, 2024)
- Total assets
- $3,661,179
- Primary geography
- South Dakota (60% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Beacom Family Foundation funds
By grant dollars, the top recipient states for Beacom Family Foundation's 18 itemized 2024 grants were South Dakota (60%), California (16%) and Florida (13%). The most frequent recipient cities were Sioux Falls, SD (7 grants). 39% of grants with a stated purpose were for general or operating support. Recurring purposes include "Parish Needs" (3 grants).
Is Beacom Family Foundation open to new grantees?
67%
first-time grantees, 2024
In 2024, 12 of 18 grantees (67%) were first-time recipients. First grants averaged $11K; repeat grants $9K. How we count
Medians: $5K first-time, $6K repeat.
- 17% of 2024 grantees were also funded in 2023. Method
- Giving grew 96% from 2021 to 2024. Method
- In 2024 it paid out 93% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Beacom Family Foundation
- How to evaluate Beacom Family Foundation as a funder
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.7M
-1.5% YoY
Annual Giving
$186K
-3.3% YoY
Grant Count
18
+28.6% YoY
Avg Grant Size
$10K
-24.8% YoY
Under IRS private-foundation payout rules, Beacom Family Foundation reported a distributable amount of $200K for 2024 — the minimum it must pay out in qualifying distributions.
About Beacom Family Foundation
Based on IRS filings
Beacom Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sioux Falls, SD. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.7M in total assets. In 2024, it awarded 18 grants totaling $186K. Net investment income was $135K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 18 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,661,179 | $3,715,329 | $3,793,046 |
| Revenue | $147,322 | $125,899 | $511 |
| Expenses | $199,721 | $206,584 | $246,631 |
| Qualifying Distributions | $187,136 | $194,231 | $225,181 |
| Net Investment Income | $134,737 | $113,546 | $66,854 |
| Distributable Amount | $200,444 | $183,917 | $195,211 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
64 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Lutheran Social Services ($25,000), St Lambert Catholic Church ($25,000), San Marco Catholic Church ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LUTHERAN SOCIAL SERVICES Sioux Falls, SD | FAMILY STABELIZATION MATCHING | $25,000 |
| ST LAMBERT CATHOLIC CHURCH Sioux Falls, SD | PARISH NEEDS | $25,000 |
| SAN MARCO CATHOLIC CHURCH Marco Island, FL | PARISH NEEDS | $25,000 |
| ST JOSEPH CATHOLIC CHURCH Spearfish, SD | PARISH NEEDS | $25,000 |
| PROGRESS UNITY FUND San Francisco, CA | EDUCATION AND OUTREACH | $20,000 |
| THE TREVOR PROJECT West Hollywood, CA | CRISIS SERVICES | $10,000 |
| ST JUDES RESEARCH Memphis, TN | RESEARCH | $10,000 |
| HUNGRY HEARTS Tea, SD | GENERAL NEEDS | $6,000 |
| SIOUX FALLS CARES Sioux Falls, SD | GENERAL NEEDS | $6,000 |
| MCCROSSAN BOYS RANCH Sioux Falls, SD | GIVING DAY MATCH | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Miles K Beacom | Director | 0.1 | — |
| Lisa E Beacom | Director | 0.5 | — |
| Alyssa a Beacom | Director | 0.05 | — |
| Erin Beacom | Director | 0.05 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Beacom Family Foundation?
Beacom Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Sioux Falls, SD. It holds $3.7M in total assets as of 2024.
How large is Beacom Family Foundation?
As of 2024, Beacom Family Foundation holds $3.7M in total assets with $147K in annual revenue. It awarded 18 grants totaling $186K in 2024.
Where does Beacom Family Foundation operate?
Beacom Family Foundation has awarded grants in California, Colorado, District of Columbia, Florida, Minnesota, South Dakota, Tennessee, Texas.
What size grants does Beacom Family Foundation award?
In 2024, Beacom Family Foundation awarded 18 grants totaling $186K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is Beacom Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Beacom Family Foundation reported a distributable amount of $200K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Beacom Family Foundation's EIN?
Beacom Family Foundation's EIN (Employer Identification Number) is 81-4810569. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.