Beane Family Foundation

PENNINGTON, NJ EIN: 31-1560574

Beane Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 24 grants totaling $187K. Net investment income was $258K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.5M

+1.9% YoY

Annual Giving

$187K

-1.3% YoY

Grant Count

24

-27.3% YoY

Avg Grant Size

$8K

+35.7% YoY

Under IRS private-foundation payout rules, Beane Family Foundation reported a distributable amount of $228K for 2024 — the minimum it must pay out in qualifying distributions.

About Beane Family Foundation

Based on IRS filings

Beane Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.5M in total assets. In 2024, it awarded 24 grants totaling $187K. Net investment income was $258K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

17states
+9 more states

Cities

Albert LeaAlexandriaArlingtonBoulderBozemanBrooklineBrooklynChicagoConcordDenverEastonFairleeLawrenceLynnwoodManchesterMemphisMethuenMontgomeryNew YorkPeaks Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$81K$163K$244K$325K20202021202220232024
Metric202420232022
Total Assets$2,532,627$2,485,638$2,443,037
Revenue$289,489$281,583$135,637
Expenses$244,772$236,754$239,165
Qualifying Distributions$207,378$207,842$203,128
Net Investment Income$257,654$251,868$104,277
Distributable Amount$228,093$205,431$208,469

Giving Over Time

Total grant dollars and number of grants per year

$0$47K$95K$142K$189K33 grants202033 grants202135 grants202233 grants202324 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SEATTLE ART MUSEUM SUPPO…$31KWELLESLEY COLLEGE$20KLAFAYETTE COLLEGE$20KIRC - INTERNATIONAL RESC…$10KREFUGEE WOMEN'S ALLIANCE…$10KISLAND TRANSPORTATION SY…$10KWEBSTER HOUSE$5KGATHER (SEACOAST FAMILY …$5KGIFT OF WARMTH$5KNE ORGANIC FARMING ASSN …$5K

Grant Size Distribution

158 grants across all recorded years

158<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Seattle Art Museum Supporters ($30,824), Wellesley College ($20,000), Lafayette College ($20,000).

RecipientPurposeAmount
WEBSTER HOUSE MANCHESTER, NHUNRESTRICTED GENERAL$5,000
GATHER (SEACOAST FAMILY FOOD PANTRY) PORTSMOUTH, NHUNRESTRICTED GENERAL$5,000
GIFT OF WARMTH PORTSMOUTH, NHUNRESTRICTED GENERAL$5,000
NE ORGANIC FARMING ASSN OF NEW HAMPSHIRE CONCORD, NHUNRESTRICTED GENERAL$5,000
BLUE OCEAN SOCIETY MARINE CONSERVATION PORTSMOUTH, NHUNRESTRICTED GENERAL$3,325
WELLESLEY COLLEGE WELLESLEY, MAUNRESTRICTED GENERAL$20,000
SNOW FARM-NEW ENGLAND CRAFT PROGRAM WILLIAMSBURG, MAUNRESTRICTED GENERAL$5,000
IRC - INTERNATIONAL RESCUE COMMITTEE ALBERT LEA, MNUNRESTRICTED GENERAL$10,000
WOMEN AID OF GREATER PORTSMOUTH PORTSMOUTH, NHUNRESTRICTED GENERAL$5,000
BOSTON GRADUATE SCHOOL OF PSYCHOANALYSIS BROOKLINE, MAUNRESTRICTED GENERAL$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
SILAS ROBERT BEANE JRTRUSTEE
ROSA T BEANETRUSTEE
SILAS ROBERT BEANE IIITRUSTEE
MARIA E BEANE-BONOMETTRUSTEE

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Beane Family Foundation?

Beane Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PENNINGTON, NJ. It holds $2.5M in total assets as of 2024.

How large is Beane Family Foundation?

As of 2024, Beane Family Foundation holds $2.5M in total assets with $289K in annual revenue. It awarded 24 grants totaling $187K in 2024.

Where does Beane Family Foundation operate?

Beane Family Foundation has awarded grants in Alabama, California, Colorado, Florida, Illinois, Massachusetts, Maine, Minnesota, Montana, New Hampshire, New York, Pennsylvania, Tennessee, Texas, Virginia, Vermont, Washington.

What size grants does Beane Family Foundation award?

In 2024, Beane Family Foundation awarded 24 grants totaling $187K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Beane Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Beane Family Foundation reported a distributable amount of $228K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Beane Family Foundation's EIN?

Beane Family Foundation's EIN (Employer Identification Number) is 31-1560574. IRS Form 990 filing data is available on this page for 2020–2024.

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

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