Beal Family Foundation
Beal Family Foundation is a private foundation based in New York, New York. It makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds.
Key facts about Beal Family Foundation
In short: Beal Family Foundation gave $6.1M across 22 grants in 2024 (avg $277K), mostly in Massachusetts. Source: 2024 IRS Form 990-PF.
- EIN
- 45-5092245
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $6,093,000
- Grants made (2024)
- 22
- Average grant
- $276,955
- Median grant
- $2,250
- Total assets
- $40,867
- Primary geography
- Massachusetts (99% of itemized 2024 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓
Data from IRS Form 990-PF, 2024; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$41K
+34.9% YoY
Annual Giving
$6.1M
+397.4% YoY
Grant Count
22
+1000.0% YoY
Avg Grant Size
$277K
-54.8% YoY
How Beal Family Foundation gives
- Giving grew 163% from 2021 to 2024. Method
- In 2023 it paid out well above its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grantees describe a range of missions: SHED NYC says it presents innovative art and ideas to build understanding of a changing world and a more equitable society; the Louis D Brown Peace Institute says it promotes peace and unity through direct services, training, and public policy advocacy; and the Jewish Federation of Palm Beach County says it works to strengthen Jewish identity, connect the community with Israel, and meet human needs.
Grantmaking
In 2024, the foundation made 22 grants totaling $6,093,000. Grants ranged from $1,000 to $4,000,000, with a median grant of $2,250. The largest grants were $4,000,000 to Benjamin Franklin Cummings Institute in Boston and $2,000,000 to Harvard University in Cambridge. Other 2024 grants included $25,000 to SHED NYC, $20,000 to Woods Hole Oceanographic Institution, and $10,000 to Morse Life Foundation.
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Geographic Focus
Where this funder awards grants
The foundation’s 2024 filing reports that 99% of grant dollars went to recipients in Massachusetts, with 0% reported for New York and Florida. Listed 2024 grants include recipients in all three states.
Grant Distribution by State
Share of 2024 grant dollars across all 22 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.0M (2020) to $6.1M (2024). In 2024 it made 22 grants totaling $6.1M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Benjamin Franklin Cummings Institute ($4.0M). Together the top 10 received $6.1M.
Grant Size Distribution
45 grants across all recorded years
The most common grant size was under $50K: 30 grants of 45 (67%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Benjamin Franklin Cummings Institute Boston, MA | Annual Contribution | $4,000,000 |
| Harvard University Cambridge, MA | Annual Contribution | $2,000,000 |
| Shed NYC Inc New York, NY | Annual Contribution | $25,000 |
| Woods Hole Oceanographic Institution Falmouth, MA | Annual Contribution | $20,000 |
| Morse Life Foundation West Palm Beach, FL | Annual Contribution | $10,000 |
| Jewish Federation of Palm Beach County West Palm Beach, FL | Annual Contribution | $6,000 |
| Soccer Unity Project Boston, MA | Annual Contribution | $2,500 |
| Louis D Brown Peace Institute Dorchester, MA | Annual Contribution | $2,500 |
| Catholic Charities Boston Boston, MA | Annual Contribution | $2,500 |
| Boston LGBTQ Museum of Art History Attleboro, MA | Annual Contribution | $2,500 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Grant total | Number of grants |
|---|---|---|
| 2024 | $6,093,000 | 22 |
| 2023 | $1,225,000 | 2 |
| 2022 | $2,271,000 | 8 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $40,867 | $30,300 | $4,311 |
| Revenue | $6,103,733 | $1,251,014 | $2,260,006 |
| Expenses | $6,093,166 | $1,225,025 | $2,271,025 |
| Qualifying Distributions | $6,093,166 | $1,225,025 | $2,271,025 |
| Net Investment Income | $2,375,642 | $14 | $6 |
| Distributable Amount | — | $1,299 | $1,362 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS November 14, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 15, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Bruce A Beal Jr and Kathryn Beal as trustees.
Beal Family Foundation's 2024 filing lists 2 officers; none of the 2 officers listed in 2024 report compensation.
Officers on the 2024 filing
Bruce A. Beal Jr.
Trustee
On filings since 2020
2 hrs/week
No compensation reported
Kathryn Beal
Trustee
On filings since 2020
3 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 30 Hudson Yards 72Nd Floor, New York, NY 10001
Phone: (212) 801-3467
Frequently asked questions about Beal Family Foundation
How much does Beal Family Foundation give each year?
Beal Family Foundation gave $6.1M across 22 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.2M across 2 grants.
What is Beal Family Foundation's typical grant size?
Beal Family Foundation's median grant in 2024 was $2,250, and its average grant was $276,955, across 22 grants on its 2024 IRS Form 990-PF.
Where does Beal Family Foundation give grants?
Beal Family Foundation gives mostly in Massachusetts: 99% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Boston, MA (10 grants), West Palm Beach, FL (2 grants), Attleboro, MA (2 grants) and Palm Beach, FL (2 grants).
Does Beal Family Foundation give general operating support?
Not in 2024: none of the 22 grants with a stated purpose on Beal Family Foundation's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Annual Contribution" (22 grants).
Who are Beal Family Foundation's largest grantees?
Beal Family Foundation's largest 2024 grantees include Benjamin Franklin Cummings Institute ($4,000,000), Harvard University ($2,000,000) and Shed NYC Inc ($25,000), according to its 2024 IRS Form 990-PF. Together they received 99% of its itemized 2024 grant dollars.
How large is Beal Family Foundation?
Beal Family Foundation reported $41K in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $6.1M.
What does Beal Family Foundation fund?
No mission statement for the foundation is provided. See mission & focus areas ↑
How do I apply for a grant from Beal Family Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Beal Family Foundation's EIN?
Beal Family Foundation's EIN (Employer Identification Number) is 45-5092245. IRS Form 990 filing data is available on this page for 2020–2024.
Does Beal Family Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
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