Bechtel Group Foundation
The Bechtel Group Foundation is a corporate foundation established in 1953 and incorporated in California. Based in Glendale, Arizona, it operates as a private grantmaking foundation aligned with the Bechtel Group's commitment to delivering projects that enhance living standards, foster prosperity, and promote sustainable growth. The foundation operates with a focus on integrity and ethics, aiming to create a positive legacy through strategic philanthropic partnerships.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$22.9M
-0.2% YoY
Annual Giving
$3.0M
-20.6% YoY
Grant Count
45
+2.3% YoY
Avg Grant Size
$66K
-22.4% YoY
Mission & Focus Areas
The foundation supports organizations involved with:
- Arts and culture
- Education
- Human services
- Science
- Civic affairs
The foundation's work aligns with Bechtel's broader commitment to executing challenging projects that enhance living standards and promote sustainable growth worldwide.
Grantmaking
The foundation focuses on grant recovery and social services as program areas.
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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
Assets & Revenue (2023-2024):
- Total assets: $23 million (2023); $22.9 million (2024)
- Total revenues: $1.87 million (2024); $1.3 million (2023)
- Total expenses: $3.18 million (2024); $3.89 million (2023)
- Total liabilities: $0 (2023)
Tax Status:
- EIN: 94-6078120
- Tax-exempt since October 1959
- Required to file IRS Form 990-PF
- Designated as 501(c)(3)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $22,907,003 | $22,960,453 | $22,904,080 |
| Revenue | $1,868,988 | $1,300,332 | $350,766 |
| Expenses | $3,181,569 | $3,891,494 | $2,894,843 |
| Qualifying Distributions | $3,070,450 | $3,825,258 | $2,831,417 |
| Net Investment Income | $1,783,305 | $1,234,577 | $484,651 |
| Distributable Amount | $1,166,547 | $1,176,572 | $1,271,402 |
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
239 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board and staff members include:
- LeEanne M. Lang (President)
- Clifton S. Rankin (Director)
- Eldyne S. Perrou (Secretary)
- Peggy H. Restivo (Controller)
- Jasmine Z. Zaki (Assistant Secretary)
- Brian A. Hartman (Director)
- Stuart E. Jones (Director)
- Justin Zaccaria (Director)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RANKIN CLIFTON S | DIRECTOR | 0.5 | — |
| LANG LEEANNE M | President | 4.4 | — |
| PERROU ELDYNE S | Secretary | 0.5 | — |
| RESTIVO PEGGY H | Controller | 0.5 | — |
| BRIAN A HARTMAN | Director | 0.5 | — |
| JUSTIN ZACCARIA | Director | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has supported education initiatives across multiple regions:
Awarded $10 million to California State University for teacher preparation programs
Bechtel Foundation awards $10 Million for CSU teacher preparationProvided funding to Washington State University Tri-Cities to support a tutoring center
WSU Tri-Cities receives Bechtel donation to support tutoring center - WSUAwarded scholarships through the National Commission for the Certification of Crane Operators (NCCER)
Increased education support in the United Kingdom to celebrate 70 years of operations there
Bechtel boosts education support to celebrate 70 years in the UKContributed $50,000 to the East Tennessee Foundation for COVID-19 response efforts
Bechtel Group Foundation gives $50,000 to East Tennessee Foundation for COVID-19Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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