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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$50.5M
+18.3% YoY
Annual Giving
$4.2M
+247.6% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$1.0M
+247.6% YoY
About Beacon Health Foundation Inc
Based on IRS filings
Beacon Health Foundation Inc is a nonprofit organization focused on Health, based in SOUTH BEND, IN. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $50.5M in total assets. In 2024, it awarded 4 grants totaling $4.2M. Net investment income was $8.4M.
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 | $50,468,125 | $42,645,248 | $38,937,076 |
| Revenue | $18,329,363 | $4,047,687 | $4,567,283 |
| Expenses | $6,481,369 | $3,235,138 | $4,623,482 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $8,442,789 | $1,313,608 | $833,628 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
21 grants across all recorded years
Open Grants
4 open opportunities from Beacon Health Foundation Inc
Administrative Fellowship Program
Beacon Health Foundation Inc
Amount
Varies
Deadline
Rolling / Open
Beacon Scholar Program
Beacon Health Foundation Inc
Amount
Full tuition, books, and school fees for Ivy Tech ASN program + semester stipends + NCLEX exam funding + Kaplan review course ($500 value)
Deadline
Rolling / Open
Nursing Scholarships and Clinical Education Funds
Beacon Health Foundation Inc
Amount
Varies (2021: $362,508 total awarded to 71 recipients; 2020: $221,768 total awarded to 48 recipients)
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Beacon Medical Group Inc ($2,086,249), Memorial Hospital of South Bend Inc ($1,236,977), Elkhart General Hospital ($470,690).
| Recipient | Purpose | Amount |
|---|---|---|
| Beacon Health System Inc South Bend, IN | To support scholarships and capital purchases | $394,886 |
| Beacon Medical Group Inc South Bend, IN | To support BMG operations and capital purchases | $2,086,249 |
| Elkhart General Hospital Elkhart, IN | To support hospital operations and capital purchases | $470,690 |
| Memorial Hospital of South Bend Inc South Bend, IN | To support hospital operations and capital purchases | $1,236,977 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| James Sawdon | Chair | 2 | — |
| Pam Veldman | Vice Chair | 2 | — |
| Angie Welter | Secretary | 2 | — |
| Brad Beutter | Director | 2 | — |
| Erik Brenner | Director | 2 | — |
| Scott Brewer | Director thru 3/31/24 | 2 | — |
| LaRissa Chism Buggs MD | Director | 2 | — |
| Daniel Cripe | Director | 2 | — |
| Joel Duthie | Director | 2 | — |
| Michael Fenech | Director | 2 | — |
| Joseph M Hart | Director thru 3/31/24 | 2 | — |
| Diane Krill | Director | 2 | — |
| Paul Phair | Director | 2 | — |
| Pat Russell | Director | 2 | — |
| Alex Strati | Director | 2 | — |
| Mike Watsson | Director | 2 | — |
| Kreg R Gruber | CEO | 2 | — |
| Jeffrey P Costello | CFO | 2 | — |
| Susan King | President | 40 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Beacon Health Foundation Inc?
Beacon Health Foundation Inc is a nonprofit organization focused on Health, based in SOUTH BEND, IN. It holds $50.5M in total assets as of 2024.
How large is Beacon Health Foundation Inc?
As of 2024, Beacon Health Foundation Inc holds $50.5M in total assets with $18.3M in annual revenue. It awarded 4 grants totaling $4.2M in 2024.
Where does Beacon Health Foundation Inc operate?
Beacon Health Foundation Inc has awarded grants in Indiana.
What size grants does Beacon Health Foundation Inc award?
In 2024, Beacon Health Foundation Inc awarded 4 grants totaling $4.2M — an average of about $1.0M per grant, based on its IRS Form 990 filings.
What is Beacon Health Foundation Inc's EIN?
Beacon Health Foundation Inc's EIN (Employer Identification Number) is 35-1536129. IRS Form 990 filing data is available on this page for 2019–2024.
Explore Open Grants
Browse active grant opportunities in Beacon Health 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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