Beard Scholarship Fund 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 $57.9M in total assets. In 2024, it awarded 4 grants totaling $2.5M. Net investment income was $3.3M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$57.9M
+0.8% YoY
Annual Giving
$2.5M
+8.2% YoY
Grant Count
4
+0.0% YoY
Avg Grant Size
$632K
+8.2% YoY
About Beard Scholarship Fund
Based on IRS filings
Beard Scholarship Fund 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 $57.9M in total assets. In 2024, it awarded 4 grants totaling $2.5M. Net investment income was $3.3M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $57,875,352 | $57,406,808 | $57,113,341 |
| Revenue | $3,614,644 | $3,273,533 | $8,352,511 |
| Expenses | $3,230,375 | $2,947,605 | $2,613,537 |
| Qualifying Distributions | $2,861,155 | $2,647,545 | $2,280,980 |
| Net Investment Income | $3,337,353 | $2,957,879 | $3,106,693 |
| Distributable Amount | $3,104,850 | $2,839,382 | $3,009,318 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
16 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A | TRUSTEE | 2 | $557,772 |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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