Beal Family Foundation

NEW YORK, NY EIN: 45-5092245

The Beal Family Foundation is a private grantmaking foundation established in 2011 and based in New York City. It operates as a 501(c)(3) organization focused on making grants to charitable organizations across multiple sectors including education, the arts, medical research, and hospitals.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$6.1M

+397.4% YoY

Grant Count

22

+1000.0% YoY

Avg Grant Size

$277K

-54.8% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's primary activity is making grants to charitable organizations. According to tax filings, grantmaking focuses on:

  • Education
  • Arts and Culture
  • Medical Research
  • Hospitals
  • Public Health

The foundation maintains a low public profile and does not maintain a website, which limits publicly available information regarding its priority areas and grantmaking strategies.

Grantmaking

The foundation does not accept unsolicited proposals. Grantmaking is by invitation only, and the foundation does not provide a clear public way to get in touch, requiring grantseekers to network for access.

Grant Range

approximately $2,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation's grantmaking is primarily concentrated in Massachusetts, Florida, and New York.

Grant Distribution by State

5states

Cities

ATTLEBOROBEVERLYBOSTONCAMBRIDGECONCORDDORCHESTERDUARTEFALMOUTHLOS ANGELESNEW YORKNORTH KANSAS CITYPALM BEACHROXBURYWEST PALM BEACH

Financial History

Multi-year comparison from IRS filings

2024 Financial Data:

  • Total Assets: $40,867
  • Total Revenue: $6,103,733
  • Total Expenses: $6,093,166
  • Total Liabilities: $0
  • Number of Employees: 0

2023 Financial Data:

  • Assets: $30,000
  • Distributions: $1.2 million
  • Contributions: $1.3 million

The foundation's giving rate exceeds 100% of assets, indicating it distributes more annually than its asset base.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$3M$5M$6M6 grants20207 grants20218 grants20222 grants202322 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BENJAMIN FRANKLIN CUMMIN…$4.0MHARVARD UNIVERSITY$2.0MSHED NYC INC$25KWOODS HOLE OCEANOGRAPHIC…$20KMORSE LIFE FOUNDATION$10KJEWISH FEDERATION OF PAL…$6KSOCCER UNITY PROJECT$3KLOUIS D BROWN PEACE INST…$3KCATHOLIC CHARITIES BOSTON$3KBOSTON LGBTQ MUSEUM OF A…$3K

Grant Size Distribution

45 grants across all recorded years

30<$50K$50–100K4$100–250K3$250–500K3$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

  • Bruce A. Beal Jr. - Trustee (founder, real estate mogul and president of Related Companies)
  • Kathryn Beal - Trustee (radiation oncologist at Memorial Sloan Kettering Cancer Center)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRUCE A BEAL JRTRUSTEE2
KATHRYN BEALTRUSTEE3

Recent News & Activity

Recent developments and announcements

Past grantees include Columbia University, The Diller-Quaile School of Music, New York Society for the Prevention of Cruelty to Children (NYSPCC), New York-Presbyterian Hospital, Dubin Breast Cancer, Intrepid Sea Air & Space Museum, Central Park Conservancy, and Prep for Prep.

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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