Beloved Community Foundation

WILMINGTON, DE EIN: 87-0820186

Beloved Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $31K. Net investment income was $22K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.3M

+29.2% YoY

Annual Giving

$31K

+1964.1% YoY

Grant Count

7

+600.0% YoY

Avg Grant Size

$4K

+194.9% YoY

Under IRS private-foundation payout rules, Beloved Community Foundation reported a distributable amount of $66K for 2024 — the minimum it must pay out in qualifying distributions.

About Beloved Community Foundation

Based on IRS filings

Beloved Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.3M in total assets. In 2024, it awarded 7 grants totaling $31K. Net investment income was $22K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

CharlotteHazardKnoxvilleLondonLouisvilleWashington

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$334K$668K$1M$1M2021202220232024
Metric202420232022
Total Assets$1,307,730$1,011,997$1,080,310
Revenue$395,218$-1,296$-9,068
Expenses$99,485$67,017$74,283
Qualifying Distributions$99,139$66,894$73,283
Net Investment Income$22,310$8,559$8,818
Distributable Amount$66,418$43,552$44,991

Giving Over Time

Total grant dollars and number of grants per year

$0$8K$15K$23K$31K6 grants20210 grants20221 grants20237 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

CHURCH OF PROMISE$13KKENTUCKY CIVIC ENGAGEMEN…$8KKENTUCKY COALITION INC$6KCHURCH OF PROMISE$2KSOL NATION INC$1KAPPALACHIAN COMMUNITY FU…$412DRAG DADDY INC$300

Grant Size Distribution

14 grants across all recorded years

14<$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 Church of Promise ($13,000), Kentucky Civic Engagement Table Inc ($8,000), Kentucky Coalition Inc ($6,000).

RecipientPurposeAmount
APPALACHIAN COMMUNITY FUND INC KNOXVILLE, TNAppalachian Rekindling Project App$412
CHURCH OF PROMISE LOUISVILLE, KYGeneral & Unrestricted$2,250
CHURCH OF PROMISE LOUISVILLE, KYCharitable Event$13,000
DRAG DADDY INC LOUISVILLE, KYDrag Revival Event Sponsorship$300
KENTUCKY CIVIC ENGAGEMENT TABLE INC LOUISVILLE, KYBlack Leadership Action Coalition of Kentucky (BLACK)$8,000
KENTUCKY COALITION INC LONDON, KY(KFTC) Student Leaders for Democracy$6,000
SOL NATION INC CHARLOTTE, NCGeneral & Unrestricted$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Ryan M EllerDir, Pres, Sec, Treas$49K

From 2024 filing

NameTitleHoursCompensation
Ryan M EllerDir, Pres, Sec, Treas25$48,656

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Beloved Community Foundation?

Beloved Community Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in WILMINGTON, DE. It holds $1.3M in total assets as of 2024.

How large is Beloved Community Foundation?

As of 2024, Beloved Community Foundation holds $1.3M in total assets with $395K in annual revenue. It awarded 7 grants totaling $31K in 2024.

Where does Beloved Community Foundation operate?

Beloved Community Foundation has awarded grants in District of Columbia, Kentucky, North Carolina, Tennessee.

What size grants does Beloved Community Foundation award?

In 2024, Beloved Community Foundation awarded 7 grants totaling $31K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Beloved Community Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Beloved Community Foundation reported a distributable amount of $66K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Beloved Community Foundation's EIN?

Beloved Community Foundation's EIN (Employer Identification Number) is 87-0820186. IRS Form 990 filing data is available on this page for 2021–2024.

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Related Funders

Similar funders by location and focus area

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

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