Bean Foundation Inc

Foundation · Grantmaker MADRAS, OR EIN: 93-0788470 Website

Bean Foundation Inc is a private foundation located in Madras, Oregon. Designated as a 501(c)(3) organization, it has been tax-exempt since October 1981. The foundation operates as a community-focused grantmaking organization serving the Madras and Jefferson County area.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.8M

-5.2% YoY

Annual Giving

$258K

-50.6% YoY

Grant Count

-7.1% YoY

Avg Grant Size

$20K

-46.8% YoY

Under IRS private-foundation payout rules, Bean Foundation Inc reported a distributable amount of $196K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The Bean Foundation is classified as a private foundation (NTEE code T20) and focuses on community development and local philanthropy. According to community leadership, the foundation has been "quietly building our community for decades, improving the quality of life of those they touch."

Grantmaking

The foundation actively distributes grants to local nonprofits and community organizations. Recent grantmaking activity includes support for youth programs, community infrastructure, and local services. The foundation has demonstrated consistent grant distribution to address community needs in the Madras area.

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Geographic Focus

Where this funder awards grants

The Bean Foundation primarily serves Madras and Jefferson County, Oregon, with a focus on local community organizations and initiatives within this region.

Grant Distribution by State

Oregon $1.2M (98%)

Washington $25K (2%)

States

Oregon Washington

Cities

BendClackamasMadrasRedmondSeattleWarm Springs

Financial History

Multi-year comparison from IRS filings

As of 2023:

Total Assets: $2.96 million
Revenue: $101,004
Expenses: $673,719
Total Liabilities: $100

The foundation maintains substantial assets relative to its annual revenue, indicating a well-capitalized grantmaking organization.

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,805,095	$2,960,030	$2,844,466
Revenue	$56,524	$101,004	$198,349
Expenses	$439,889	$673,719	$281,002
Qualifying Distributions	$364,281	$604,702	$200,201
Net Investment Income	—	$31,837	$116,998
Distributable Amount	$196,051	$198,239	$199,528

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

64 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Jefferson County School District 509j ($102,000), Mountain Star ($40,000), Darlene Urbach Memorial Youth Fund ($33,200).

Recipient	Purpose	Amount
AIRSHOW OF THE CASCADES MADRAS, OR	OPERATING EXPENSES	$5,000
JEFFERSON COUNTY SCHOOL DISTRICT 509J MADRAS, OR	SCHOOL DISTRICT EXPENSES	$102,000
MAC TRUST MADRAS, OR	OPERATING EXPENSES	$7,500
MADRAS KIWANIS MADRAS, OR	OPERATION RUDOLPH	$7,000
MADRAS SPARKLERS MADRAS, OR	OPERATING EXPENSES	$1,000
MOSAIC MEDICAL MADRAS, OR	OPERATING EXPENSES	$10,000
RONALD MCDONALD HOUSE CHARITIES BEND, OR	GENERAL CONTRIBUTION	$5,000
MOUNTAIN STAR MADRAS, OR	OPERATING EXPENSES	$40,000
AGE HOUSING CLACKAMAS, OR	OPERATING EXPENSES	$12,000
HIGH DESERT COMMUNITY THEATRE GUILD MADRAS, OR	OPERATING EXPENSES	$3,000

Leadership & Key People

Leadership team and compensation from IRS filings

The Bean Foundation welcomed a new Executive Director in October 2022 and announced a new Director in November 2024, indicating active organizational management and leadership transitions.

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
RONICA COMINGORE	SECRETARY	1	—
JASON HERTEL	VICE PRESIDENT	1	—
TOM NORTON	TREASURER	1	—
SCOTT DELAMARTER	PRESIDENT	1	—
ALI ALIRE	DIRECTOR	1	—

Recent News & Activity

Recent developments and announcements

The Bean Foundation has been featured in local media for its community impact and grantmaking activities. Recent initiatives have included support for community infrastructure projects, youth programs, and local nonprofit capacity building. The foundation's leadership has been recognized for its long-term commitment to improving quality of life in the Madras and Jefferson County communities.

Bean Foundation announces $178K in grants to local non-profits - Manchester

Frequently Asked Questions

What does Bean Foundation Inc fund?

How do I apply for a grant from Bean Foundation Inc?

Where does Bean Foundation Inc make grants?

The Bean Foundation primarily serves Madras and Jefferson County, Oregon, with a focus on local community organizations and initiatives within this region.

What size grants does Bean Foundation Inc award?

In 2024, Bean Foundation Inc awarded 13 grants totaling $258K — an average of about $20K per grant, based on its IRS Form 990 filings.

How much is Bean Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bean Foundation Inc reported a distributable amount of $196K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.