Beal Foundation
The Beal Foundation is a private foundation based in Midland, Texas. Established in 1963 by Keleen and Carlton Beal, it supports organizations working in education, health, humanities, and welfare in the Midland area.
Beal Foundation at a glance
In short: Beal Foundation gave $5.8M across 88 grants in 2024 (avg $66K), mostly in Texas. 16% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $5,815,000
- -15.7% vs 2023
- Grants made (2024)
- 88
- +7.3% vs 2023
- Average grant
- $66,080
- -21.5% vs 2023
- Median grant
- $30,000
- Total assets
- $81,398,963
- +14.4% vs 2023
- New grantees (estimate)
- 16% first-time grantees (14 of 88, 2024)
- Primary geography
- Texas (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Beal Foundation
- Accepts unsolicited proposals
- Yes
- How to Apply
-
The Foundation accepts unsolicited requests from qualified organizations; applications must be submitted online. Applicants must be tax-exempt under Section 501(c)(3), classified as a public charity under Section 509(a), and provide an IRS Letter of Determination. Government entities claiming exemption must provide evidence of tax-exempt status. Incomplete applications are not considered. The Foundation does not make grants or loans to individuals or lobbying organizations. Decisions are made on the first Monday in April and the first Monday in November.
- Review Cycle
- February 15 for the April meeting and September 15 for the November meeting.
- Deadline
- February 15 for the April meeting and September 15 for the November meeting.
- Contact
Application contact: Elizabeth Davenport
Mailing address: 104 S Pecos, Midland, TX 79701
Phone: (432) 682-3753
Website: https://thebealfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
1 open opportunity from Beal Foundation
Who Beal Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Midland Athletic Syndicate ($1.0M). Together the top 10 received $3.3M.
Grant Size Distribution
447 grants across all recorded years
The most common grant size was under $50K: 315 grants of 447 (70%).
Geographic Focus
Where this funder awards grants
The Foundation says it considers grants for agencies involving education, health, humanities, and welfare in the Midland area. In 2024, 98% of grant dollars went to recipients in Texas; the remainder went to recipients in Colorado and California, with shares reported as 1% each.
Grant Distribution by State
Share of 2024 grant dollars across all 88 itemized grants.
Cities
Is Beal Foundation open to new grantees?
16%
first-time grantees, 2024
In 2024, 14 of 88 grantees (16%) were first-time recipients. First grants averaged $91K; repeat grants $61K. How we count
Medians: $20K first-time, $35K repeat.
- 74% of 2024 grantees were also funded in 2023. Method
- Giving grew 44% from 2021 to 2024. Method
- In 2024 it paid out 122% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $4.0M (2021) to $7.2M (2022). In 2024 it made 88 grants totaling $5.8M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Midland Athletic Syndicate Midland, TX | Operating Funds and Capital Funds | $1,000,000 |
| First Presbyterian Church Midland Midland, TX | Operating Funds | $550,000 |
| Basin Dream Center for Orphans Midland, TX | Operating Funds | $405,000 |
| Mission Agape Midland, TX | Operating Expenses | $391,000 |
| YMCA of Midland Midland, TX | Operating Funds | $200,000 |
| Bynum School Midland, TX | Operating Funds and Capital Funds | $190,000 |
| Midland Rape Crisis Center & CAC Midland, TX | Operating Funds | $185,000 |
| Trinity School of Midland Midland, TX | Operating Funds and Capital Funds | $150,000 |
| High Sky Children's Ranch Midland, TX | Operating Funds and Capital Funds | $120,000 |
| Stick Horses and Capes Abilene, TX | Operating Funds | $100,000 |
Ready to take the next step with Beal Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $81,398,963 | $18,166,151 | $7,917,667 | $5,815,000 | 88 | $5,995,410 | $16,301,293 | $4,902,784 |
| 2023 | $71,150,479 | $13,613,360 | $8,894,513 | $6,898,306 | 82 | $7,046,714 | $11,628,908 | $3,963,394 |
| 2022 | $66,431,632 | $18,015,271 | $9,741,857 | $7,229,000 | 91 | $7,382,155 | $16,985,606 | $3,615,554 |
| 2021 | $58,158,218 | $21,082,454 | $5,644,259 | $4,026,210 | 95 | $4,178,692 | $19,735,931 | $3,521,563 |
| 2020 | $42,720,023 | $5,980,801 | $5,627,014 | $4,546,500 | 91 | — | $5,149,296 | $3,059,809 |
Under IRS private-foundation payout rules, Beal Foundation reported a distributable amount of $4.9M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The Foundation’s stated goal is to contribute to the betterment of Midland, with an emphasis on education, health, humanities, and welfare. Its 2024 grants show support for a range of organizations and services. For example, Midland Athletic Syndicate says its mission is to foster amateur athletics, teamwork, mental health, and sportsmanship; Bynum School says it provides personalized educational, behavioral, and vocational programs for people with special needs. Basin Dream Center for Orphans describes its work as providing safe housing for Midland foster and homeless youth, while High Sky Children’s Ranch says it is dedicated to healing abused children and promoting family wholeness.
Other 2024 recipients describe work that includes assisting bereaved families (Stick Horses and Capes), distributing food in West Texas (West Texas Food Bank), and changing lives through affordable homeownership (Midland Habitat for Humanity).
Grantmaking
In 2024, the Foundation reported 88 grants totaling $5,815,000. Grants ranged from $2,000 to $1,000,000, with a median of $30,000. Among the largest awards were $1,000,000 to Midland Athletic Syndicate for operating and capital funds; $550,000 to First Presbyterian Church Midland for operating funds; $405,000 to Basin Dream Center for Orphans for operating funds; and $391,000 to Mission Agape for operating expenses. Other large awards included $200,000 to YMCA of Midland, $190,000 to Bynum School, and $185,000 to Midland Rape Crisis Center & CAC.
Leadership & Key People
Leadership team and compensation from IRS filings
Officers and directors listed on the 2024 filing were Elizabeth Beal Davenport, Chairman/President; Stuart Beal, Secretary/Treasurer; and trustees Spencer Beal, Barry Beal Jr., Steve Schorr, Karlene Beal Garber, Steve Hofer Co Cotton Bledsoe, Laura Buckner, Alex Beal, and Michael Beal.
Beal Foundation is led by Elizabeth Beal Davenport, Chairman & President since 2024 (on filings since 2020); none of the 15 officers listed in 2024 report compensation.
Officers on the 2024 filing
Elizabeth Beal Davenport
Chairman & President
Chairman → Chairman & President, 2024
On filings since 2020
No compensation reported
Barry Beal Jr.
Trustee
On filings since 2020
No compensation reported
Karlene Beal Garber
Trustee
On filings since 2020
No compensation reported
Laura Buckner
Trustee
On filings since 2020
No compensation reported
Spencer Beal
Trustee
On filings since 2020
No compensation reported
Steve Hofer Co Cotton Bledsoe
Trustee
On filings since 2020
No compensation reported
Steve Schorr
Trustee
On filings since 2020
No compensation reported
Alex Beal
Trustee
On filings since 2021
No compensation reported
Ashley Lafevers
Trustee
On filings since 2021
No compensation reported
Callie Fuqua
Trustee
On filings since 2021
No compensation reported
Hill Davenport
Trustee
On filings since 2021
No compensation reported
Michael Beal
Trustee
On filings since 2021
No compensation reported
Adam Davenport
Trustee
New on the 2024 filing
No compensation reported
Phillip Beal
Trustee
New on the 2024 filing
No compensation reported
Stuart Beal
Secretary & Treasurer
Trustee → Secretary & Treasurer, 2024
On filings since 2020
No compensation reported
Former officers (3)
- Former: Mark Lowe CO Prosperity Bank (2020–2023) — Secretary & Treasurer
- Former: Kelly Beal (2020–2021) — Trustee
- Former: Stephen Beal (2020–2021) — Trustee
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.
Frequently asked questions about Beal Foundation
How much does Beal Foundation give each year?
Beal Foundation gave $5.8M across 88 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $6.9M across 82 grants.
What is Beal Foundation's typical grant size?
Beal Foundation's median grant in 2024 was $30,000, and its average grant was $66,080, across 88 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Beal Foundation that year got $91K on average.
Where does Beal Foundation give grants?
Beal Foundation gives mostly in Texas: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Midland, TX (71 grants), Odessa, TX (2 grants), Fort Davis, TX (2 grants) and Colorado Springs, CO (2 grants).
Does Beal Foundation give general operating support?
Yes: 93% of Beal Foundation's 2024 grants with a stated purpose (82 of 88) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Capital Funds" (6 grants).
Who are Beal Foundation's largest grantees?
Beal Foundation's largest 2024 grantees include Midland Athletic Syndicate ($1,000,000), First Presbyterian Church Midland ($550,000) and Basin Dream Center for Orphans ($405,000), according to its 2024 IRS Form 990-PF. Together they received 34% of its itemized 2024 grant dollars.
How large is Beal Foundation?
Beal Foundation reported $81.4M in total assets on its 2024 IRS Form 990-PF. It paid out $6.0M in qualifying distributions that year, against a required minimum of $4.9M (roughly 5% of its investment assets).
What does Beal Foundation fund?
The Foundation’s stated goal is to contribute to the betterment of Midland, with an emphasis on education, health, humanities, and welfare. Its 2024 grants show support for a range of organizations and services. See mission & focus areas ↑
How do I apply for a grant from Beal Foundation?
The Foundation accepts unsolicited requests from qualified organizations; applications must be submitted online. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Beal Foundation's EIN?
Beal Foundation's EIN (Employer Identification Number) is 75-6034480. IRS Form 990 filing data is available on this page for 2020–2024.
Does Beal Foundation accept unsolicited proposals?
Yes, 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Beal Foundation's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Scharbauer Foundation Inc
Midland, TX
Scharbauer Foundation funds education, healthcare, quality-of-place, and human-services projects, with a preference for capital work as well as program support and expansion in Midland and Odessa, Texas. Its 2024 grants ranged from $2,500 to $8.5 million, with a median of $25,000. It accepts online pre-applications during designated grant cycles; selected applicants are invited to submit a full request.
Assets
$560.0M
Grants
66
Total Given
$27.3M
Helen Greathouse Charitable Trust
Saint Louis, MO
The trust supports organizations serving older adults, people with disabilities or special needs, students, and children facing hardship or needing rehabilitation, with most funding going to Texas. In 2024, it made 66 grants of $5,000–$300,000, with a median grant of $20,000; applications require a formal application and supporting documents, and the filing does not state whether unsolicited requests are accepted.
Assets
$36.4M
Grants
66
Total Given
$2.0M
The Henry Foundation
Midland, TX
The Henry Foundation funds human services, education, health, youth development, recreation, arts, and other projects that improve quality of life, primarily in Midland, Texas; it may consider projects elsewhere with a Henry family business or personal connection. In 2025, grants ranged from $500 to $300,000, with a median of $15,000. It accepts unsolicited requests through an online pre-application process.
Assets
$1.1M
Grants
87
Total Given
$2.7M
The Fasken Foundation
Midland, TX
The Fasken Foundation funds nonprofit programs in education, health, human services, and public benefit, with an emphasis on disadvantaged youth and a preference for operational support over capital improvements. Its grant amounts vary widely: it reported 168–181 grants annually in 2022–2023, but only one grant of $1,719,254 in 2024, so a typical award level isn’t clear. About 80% of its funding goes to Midland and the surrounding area, with the remainder supporting communities where board members live; it accepts unsolicited online letters of inquiry and applications quarterly, but no longer accepts new applications from New Mexico organizations.
Assets
$44.7M
Grants
1
Total Given
$1.7M
Permian Basin Area Foundation
Midland, TX
The Permian Basin Area Foundation funds nonprofits working in education, health, housing, arts and culture, community development, human and social services, and other areas across the Permian Basin and Trans-Pecos regions. Its 2025 itemized grants had a median of $47,925, with awards ranging from $5,339 to $2,254,485.
Assets
$391.1M
Grants
165
Total Given
$15.2M
Bryant Family Foundation
Dallas, TX
The Bryant Family Foundation supports nonprofits in education, arts and culture, older-adult services, healthcare, children and youth, and community initiatives, with most of its giving going to Texas. In 2024, grants ranged from $2,500 to $30,000, with a median of $5,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$134K
Grants
47
Total Given
$418K
More similar funders
More Funders in Texas
Cite this profile
Grantable. (2026). Beal Foundation funder profile. GrantGraph. Retrieved October 12, 2026, from https://grantable.co/funders/beal-foundation-morg_c3f1572abbf243df98f98685fcdc10eb
BibTeX
@misc{grantable_756034480_2026,
author = {{Grantable}},
title = {{Beal Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/beal-foundation-morg_c3f1572abbf243df98f98685fcdc10eb},
note = {Accessed 2026-10-12. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Beal Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
Beal Foundation down — hundreds of funders to go?