Beta Delta Foundation Inc

Private foundation · Grantmaker Ithaca, NY EIN: 22-2438758
EducationHigher education

Beta Delta Foundation Inc is a private foundation focused on Education, based in Ithaca, NY. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $456K in total assets. In 2025, it made $7K in qualifying distributions. Net investment income was $9K.

Key facts about Beta Delta Foundation Inc

EIN
22-2438758
Latest 990 filing
Form 990-PF, 2025
Total assets
$456,269

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$456K

+14.4% YoY

Revenue

$62K

-25.5% YoY

Qualifying Distributions

$7K

Expenses

$9K

+84.7% YoY

Under IRS private-foundation payout rules, Beta Delta Foundation Inc reported a distributable amount of $3K for 2025 — the minimum it must pay out in qualifying distributions.

How Beta Delta Foundation Inc gives

  • In 2025 it paid out 194% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

States

Cities

Ithaca

Giving Over Time

Total grant dollars and number of grants per year

$0$250$500$750$1K0 grants2021 0 grants2022 1 grant2023 0 grants2024 0 grants2025

In 2023 it made 1 grant totaling $1K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

1 grant across all recorded years

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

The most common grant size was under $50K: 1 grant of 1 (100%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$456,269$398,845$322,345
Revenue$61,611$82,679$52,222
Expenses$8,710$4,716$7,659
Qualifying Distributions$6,709—$5,838
Net Investment Income$8,929$24—
Distributable Amount$3,456$17,557$13,533

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

Beta Delta Foundation Inc is led by Richard Banks, President on every filing since 2021; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Richard Banks

    President

    On filings since 2021

    0.5 hrs/week

    No compensation reported

  • Adam Kirsch

    Treasurer

    On filings since 2021

    0.5 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Beta Delta Foundation Inc

How large is Beta Delta Foundation Inc?

Beta Delta Foundation Inc reported $456K in total assets on its 2025 IRS Form 990-PF. It paid out $7K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).

What is Beta Delta Foundation Inc?

Beta Delta Foundation Inc is a private foundation focused on Education, based in Ithaca, NY. It holds $456K in total assets as of 2025.

Where does Beta Delta Foundation Inc operate?

Beta Delta Foundation Inc has awarded grants in New York.

What is Beta Delta Foundation Inc's EIN?

Beta Delta Foundation Inc's EIN (Employer Identification Number) is 22-2438758. IRS Form 990 filing data is available on this page for 2021–2025.

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

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