Beacon Foundation Inc is a private foundation focused on Recreation & Sports, based in SWANNANOA, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 1 grants totaling $100K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+348.1% YoY
Annual Giving
$100K
Grant Count
1
Avg Grant Size
$100K
About Beacon Foundation Inc
Based on IRS filings
Beacon Foundation Inc is a private foundation focused on Recreation & Sports, based in SWANNANOA, NC. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 1 grants totaling $100K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,845,978 | $411,993 | $9,693 |
| Revenue | $1,825,156 | $405,000 | $10,000 |
| Expenses | $399,452 | $2,700 | $307 |
| Qualifying Distributions | $1,726,102 | $2,700 | $307 |
| Net Investment Income | — | — | — |
| Distributable Amount | — | $400 | $84 |
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
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bounty and Soul ($100,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BOUNTY AND SOUL BLACK MOUNTAIN, NC | HELENE DISASTER RELIEF FUND | $100,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MEREDITH W ELLISON | DIRECTOR AND SECRETARY | — | — |
| BRANDON ELLISON | DIRECTOR | — | — |
| CASEY WATKINS | DIRECTOR AND PRESIDENT | — | — |
| SARAH WATKINS | DIRECTOR | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Beacon Foundation Inc?
Beacon Foundation Inc is a private foundation focused on Recreation & Sports, based in SWANNANOA, NC. It holds $1.8M in total assets as of 2024.
How large is Beacon Foundation Inc?
As of 2024, Beacon Foundation Inc holds $1.8M in total assets with $1.8M in annual revenue. It awarded 1 grants totaling $100K in 2024.
Where does Beacon Foundation Inc operate?
Beacon Foundation Inc has awarded grants in North Carolina.
What size grants does Beacon Foundation Inc award?
In 2024, Beacon Foundation Inc awarded 1 grants totaling $100K — an average of about $100K per grant, based on its IRS Form 990 filings.
What is Beacon Foundation Inc's EIN?
Beacon Foundation Inc's EIN (Employer Identification Number) is 88-2482223. IRS Form 990 filing data is available on this page for 2022–2024.
Explore Open Grants
Browse active grant opportunities in Beacon Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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