Beaman Foundation
Beaman Foundation is a private foundation, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $536K in total assets. In 2024, it awarded 3 grants totaling $50K. Net investment income was $70K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$536K
+2.4% YoY
Annual Giving
$50K
+11.1% YoY
Grant Count
3
+0.0% YoY
Avg Grant Size
$17K
+11.1% YoY
Under IRS private-foundation payout rules, Beaman Foundation reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.
About Beaman Foundation
Based on IRS filings
Beaman Foundation is a private foundation, based in PORTLAND, ME. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $536K in total assets. In 2024, it awarded 3 grants totaling $50K. Net investment income was $70K.
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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 | $535,803 | $523,399 | $422,430 |
| Revenue | $81,352 | $163,563 | $20,258 |
| Expenses | $69,536 | $62,952 | $62,510 |
| Qualifying Distributions | $57,696 | $53,671 | $54,416 |
| Net Investment Income | $69,512 | $154,491 | $12,204 |
| Distributable Amount | $51,557 | $45,834 | $48,479 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Gardner Community Action Committee Inc ($35,000), Unitarian Universalist Church of Winchendon ($9,000), Winchendon Community Action Committee ($6,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNITARIAN UNIVERSALIST CHURCH OF WINCHENDON WINCHENDON, MA | FOR KITCHEN UPGRADES | $9,000 |
| WINCHENDON COMMUNITY ACTION COMMITTEE WINCHENDON, MA | FOR ANNUAL APPEAL MATCHING GRANT | $6,000 |
| GARDNER COMMUNITY ACTION COMMITTEE INC GARDNER, MA | GARDNER CAC GENERAL OPERATING SUPPORT | $35,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MATTHEW J LEONARD | TRUSTEE | 0.5 | $5,275 |
| ELLEN M HARRINGTON | TRUSTEE | 0.5 | $5,276 |
Frequently Asked Questions
How large is Beaman Foundation?
As of 2024, Beaman Foundation holds $536K in total assets with $81K in annual revenue. It awarded 3 grants totaling $50K in 2024.
Where does Beaman Foundation operate?
Beaman Foundation has awarded grants in Massachusetts.
What size grants does Beaman Foundation award?
In 2024, Beaman Foundation awarded 3 grants totaling $50K — an average of about $17K per grant, based on its IRS Form 990 filings.
How much is Beaman Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Beaman Foundation reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Beaman Foundation's EIN?
Beaman Foundation's EIN (Employer Identification Number) is 04-6032023. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Beaman Foundation'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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