Beacon Foundation

WILTON, ME EIN: 77-0602405

Beacon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILTON, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $616K in total assets. In 2024, it awarded 5 grants totaling $39K. Net investment income was $136K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$616K

+18.1% YoY

Annual Giving

$39K

-21.3% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$8K

-37.0% YoY

Under IRS private-foundation payout rules, Beacon Foundation reported a distributable amount of $31K for 2024 — the minimum it must pay out in qualifying distributions.

About Beacon Foundation

Based on IRS filings

Beacon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILTON, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $616K in total assets. In 2024, it awarded 5 grants totaling $39K. Net investment income was $136K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Cities

ColumbusGlousterKing Of PrussiaLouisvilleMiddletownNew CityNew HavenPoughkeepsie

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$39K$79K$118K$157K20202021202220232024
Metric202420232022
Total Assets$615,928$521,719$561,638
Revenue$142,779$23,662$14,841
Expenses$48,570$63,286$16,290
Qualifying Distributions$41,759$53,084$8,703
Net Investment Income$136,324$16,962$8,381
Distributable Amount$30,971$30,857$31,666

Giving Over Time

Total grant dollars and number of grants per year

$0$12K$24K$37K$49K1 grants20202 grants20211 grants20224 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Sankofa Learning Center$15KPresbyterian Church (USA…$11KCanary Acres$5KNew Hempstead Presbyteri…$5KThe Columbus Womens Chorus$3K

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Sankofa Learning Center ($15,000), Presbyterian Church (USA) A Corporation ($10,500), Canary Acres ($5,000).

RecipientPurposeAmount
Canary Acres Glouster, OHGeneral OperatingExpenses$5,000
The Columbus Womens Chorus Columbus, OHGeneral OperatingExpenses$3,000
New Hempstead Presbyterian Church New City, NYGeneral OperatingExpenses$5,000
Presbyterian Church (USA) A Corporation Louisville, KYStony Point Center$10,500
Sankofa Learning Center New Haven, CTGeneral OperatingExpenses$15,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
James V RosenowPres & Director4
Laura C KnieSec, Treas & Director4
Leslie A RosenowDirector4

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Beacon Foundation?

Beacon Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILTON, ME. It holds $616K in total assets as of 2024.

How large is Beacon Foundation?

As of 2024, Beacon Foundation holds $616K in total assets with $143K in annual revenue. It awarded 5 grants totaling $39K in 2024.

Where does Beacon Foundation operate?

Beacon Foundation has awarded grants in Connecticut, Kentucky, New York, Ohio, Pennsylvania.

What size grants does Beacon Foundation award?

In 2024, Beacon Foundation awarded 5 grants totaling $39K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Beacon Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Beacon Foundation reported a distributable amount of $31K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Beacon Foundation's EIN?

Beacon Foundation's EIN (Employer Identification Number) is 77-0602405. 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.

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