Beverly K & Jerome M Fine

Foundation · Grantmaker Towson, MD EIN: 35-2383776

Beverly K & Jerome M Fine is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Towson, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $6.2M in total assets. In 2025, it awarded 12 grants totaling $575K. Net investment income was $607K.

Key facts about Beverly K & Jerome M Fine

In short: Beverly K & Jerome M Fine gave $575K across 12 grants in 2025 (avg $48K), mostly in Maryland. Source: 2025 IRS Form 990-PF.

EIN
35-2383776
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$575,000
Grants made (2025)
12
Average grant
$47,917
Median grant
$20,000
Total assets
$6,242,537
Primary geography
Maryland (98% of itemized 2025 grant dollars)

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

Quick answers about Beverly K & Jerome M Fine

How much does Beverly K & Jerome M Fine give each year?

Beverly K & Jerome M Fine gave $575K across 12 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $560K across 8 grants.

What is Beverly K & Jerome M Fine's typical grant size?

Beverly K & Jerome M Fine's median grant in 2025 was $20,000, and its average grant was $47,917, across 12 grants on its 2025 IRS Form 990-PF.

Where does Beverly K & Jerome M Fine give grants?

Beverly K & Jerome M Fine gives mostly in Maryland: 98% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Baltimore, MD (7 grants).

Does Beverly K & Jerome M Fine give general operating support?

Not in 2025: none of the 12 grants with a stated purpose on Beverly K & Jerome M Fine's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Operations" (5 grants).

Who are Beverly K & Jerome M Fine's largest grantees?

Beverly K & Jerome M Fine's largest 2025 grantees include Um St Joseph Medical Center ($200,000), Stevenson University ($100,000) and The Associated Jewish Comm Fed ($100,000), according to its 2025 IRS Form 990-PF. Together they received 70% of its itemized 2025 grant dollars.

How Beverly K & Jerome M Fine gives

  • 45% of 2025 grantees were also funded in 2024. Method
  • Giving held roughly steady from 2022 to 2025 (+11%). Method
  • In 2025 it paid out 87% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2025). 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 Beverly K & Jerome M Fine

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$6.2M

-0.1% YoY

Annual Giving

$575K

+2.7% YoY

Grant Count

12

+50.0% YoY

Avg Grant Size

$48K

-31.5% YoY

Under IRS private-foundation payout rules, Beverly K & Jerome M Fine reported a distributable amount of $691K for 2025 — the minimum it must pay out in qualifying distributions.

About Beverly K & Jerome M Fine

Based on IRS filings

Beverly K & Jerome M Fine is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Towson, MD. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $6.2M in total assets. In 2025, it awarded 12 grants totaling $575K. Net investment income was $607K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Share of all 12 itemized 2025 grant dollars.

Cities

BaltimoreStevensonAberdeenTowsonFrederickStaten Island

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$250K$500K$750K$1M20212022202320242025
Metric202520242023
Total Assets$6,242,537$6,249,884$6,090,148
Revenue$689,787$817,924$509,591
Expenses$697,134$658,188$515,029
Qualifying Distributions$600,000$585,000$428,093
Net Investment Income$607,102$747,736$435,596
Distributable Amount$690,832$624,950$552,782

Data update history

When this profile's IRS filing data changed on Grantable

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

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K1 grants20213 grants20226 grants20238 grants202412 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Um St Joseph Medical Center: $200KUm St Joseph Medical Center$200KStevenson University: $100KStevenson University$100KThe Associated Jewish Comm Fed: $100KThe Associated Jewish Comm Fed$100KSinai Hospital of Baltimore: $80K across 2 grantsSinai Hospital of Baltimore$80K · 2 grantsNotre Dame of Maryland University: $20KNotre Dame of MarylandUniversity$20KGreater Baltimore Medical Center: $20KGreater Baltimore MedicalCenter$20KInner County Outreach: $20KInner County Outreach$20KTunnel to Towers Foundation: $10KTunnel to Towers Foundation$10KMeals on Wheels of Central Maryland: $10KMeals on Wheels of CentralMaryland$10KMission of Mercy Inc: $10KMission of Mercy Inc$10K

Grant Size Distribution

30 grants across all recorded years

13<$50K6$50–100K8$100–250K3$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
UM ST JOSEPH MEDICAL CENTER Towson, MDRADIATION ONCOLOGY CENTER$200,000
STEVENSON UNIVERSITY Stevenson, MDPERFORMING ARTS CENTER$100,000
THE ASSOCIATED JEWISH COMM FED Baltimore, MDCENTENNIAL CAMPAIGN$100,000
SINAI HOSPITAL OF BALTIMORE Baltimore, MDSURGICAL SIMULATION ROOM$50,000
SINAI HOSPITAL OF BALTIMORE Baltimore, MDNURSE EDUCATION FUND$30,000
NOTRE DAME OF MARYLAND UNIVERSITY Baltimore, MDOPERATIONS$20,000
GREATER BALTIMORE MEDICAL CENTER Baltimore, MDPATIENT EMERGENCY FUND$20,000
INNER COUNTY OUTREACH Aberdeen, MDPROJECT PARADISE$20,000
TUNNEL TO TOWERS FOUNDATION Staten Island, NYOPERATIONS$10,000
MEALS ON WHEELS OF CENTRAL MARYLAND Baltimore, MDOPERATIONS$10,000

Leadership & Key People

Officers and directors from IRS filings

Beverly K & Jerome M Fine is led by Louis F. Friedman, President & Treasurer on every filing since 2021; none of the 2 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Louis F. Friedman

    President & Treasurer

    On filings since 2021

    3 hrs/week

    No compensation reported

  • Phyllis C. Friedman

    Secretary

    Vice President & Secretary → Secretary, 2025

    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.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Beverly K & Jerome M Fine?

Beverly K & Jerome M Fine is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Towson, MD. It holds $6.2M in total assets as of 2025.

How large is Beverly K & Jerome M Fine?

As of 2025, Beverly K & Jerome M Fine holds $6.2M in total assets with $690K in annual revenue. It awarded 12 grants totaling $575K in 2025.

How much is Beverly K & Jerome M Fine required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Beverly K & Jerome M Fine reported a distributable amount of $691K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Beverly K & Jerome M Fine's EIN?

Beverly K & Jerome M Fine's EIN (Employer Identification Number) is 35-2383776. IRS Form 990 filing data is available on this page for 2021–2025.

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

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