Beane Family Foundation
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.
Key facts about Beane Family Foundation
- EIN
- 31-1560574
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $186,649
- Grants made (2024)
- 24
- Average grant
- $7,777
- Median grant
- $5,000
- New grantees (estimate)
- 13% first-time grantees (3 of 24, 2024)
- Total assets
- $2,532,627
- Primary geography
- Washington (29% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who Beane Family Foundation funds
By grant dollars, the top recipient states for Beane Family Foundation's 24 itemized 2024 grants were Washington (29%), Massachusetts (16%) and New Hampshire (15%). The most frequent recipient cities were Seattle, WA (4 grants) and Portsmouth, NH (4 grants). 100% of grants with a stated purpose were for general or operating support.
Is Beane Family Foundation open to new grantees?
13%
first-time grantees, 2024
In 2024, 3 of 24 grantees (13%) were first-time recipients. First grants averaged $6K; repeat grants $8K. How we count
Medians: $5K first-time, $5K repeat.
- 83% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+18%). Method
- In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with Beane Family Foundation
- How to evaluate Beane Family Foundation as a funder
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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.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 24 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
158 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Seattle Art Museum Supporters ($30,824), Wellesley College ($20,000), Lafayette College ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SEATTLE ART MUSEUM SUPPORTERS Seattle, WA | UNRESTRICTED GENERAL | $30,824 |
| WELLESLEY COLLEGE Wellesley, MA | UNRESTRICTED GENERAL | $20,000 |
| LAFAYETTE COLLEGE Easton, PA | UNRESTRICTED GENERAL | $20,000 |
| IRC - INTERNATIONAL RESCUE COMMITTEE Albert Lea, MN | UNRESTRICTED GENERAL | $10,000 |
| REFUGEE WOMEN'S ALLIANCE (ReWA) Seattle, WA | UNRESTRICTED GENERAL | $10,000 |
| ISLAND TRANSPORTATION SYSTEM Peaks Island, ME | UNRESTRICTED GENERAL | $10,000 |
| WEBSTER HOUSE Manchester, NH | UNRESTRICTED GENERAL | $5,000 |
| GATHER (SEACOAST FAMILY FOOD PANTRY) Portsmouth, NH | UNRESTRICTED GENERAL | $5,000 |
| GIFT OF WARMTH Portsmouth, NH | UNRESTRICTED GENERAL | $5,000 |
| NE ORGANIC FARMING ASSN OF NEW HAMPSHIRE Concord, NH | UNRESTRICTED GENERAL | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Silas Robert Beane Jr | Trustee | — | — |
| Rosa T Beane | Trustee | — | — |
| Silas Robert Beane III | Trustee | — | — |
| Maria E Beane-Bonomet | Trustee | — | — |
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 September 2026. Sourced from IRS Form 990-PF filings.