Business & Education as Mission
Business & Education as Mission is a private foundation focused on International, Foreign Affairs & National Security, based in Wheaton, IL. IRS filing data is available from 2019 through 2024. In 2024, it awarded 1 grant totaling $4K.
Key facts about Business & Education as Mission
In short: Business & Education as Mission gave $4K across 1 grant in 2024 (avg $4K), mostly in Illinois. Source: 2024 IRS Form 990-PF.
- EIN
- 52-1930894
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $3,761
- Grants made (2024)
- 1
- Average grant
- $3,761
- Median grant
- $3,761
- Primary geography
- Illinois (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$4K
-99.2% YoY
Grant Count
1
-75.0% YoY
Avg Grant Size
$4K
-96.7% YoY
Under IRS private-foundation payout rules, Business & Education as Mission reported a distributable amount of $309 for 2024 — the minimum it must pay out in qualifying distributions.
How Business & Education as Mission gives
- Giving fell 99% from 2021 to 2024. Method
- In 2024 it paid out well above 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
Share of the 2024 grant dollars on its one itemized grant.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2024, annual grant giving ranged from $4K (2024) to $547K (2022). In 2024 it made 1 grant totaling $4K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Faith and Learning International ($4K).
Grant Size Distribution
46 grants across all recorded years
The most common grant size was under $50K: 32 grants of 46 (70%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Faith and Learning International Wheaton, IL | Education | $3,761 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | $13,514 | $539,657 |
| Revenue | — | $-26,707 | $58,512 |
| Expenses | $13,514 | $530,902 | $631,720 |
| Qualifying Distributions | $13,514 | $524,547 | $616,335 |
| Net Investment Income | — | $2,587 | $45,935 |
| Distributable Amount | $309 | $13,725 | $42,265 |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2019 (received by the IRS April 30, 2020)
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Business & Education as Mission is led by John A. Bernbaum, President on every filing since 2019; 1 of 8 officers listed in 2024 is compensated.
Officers on the 2024 filing
John A. Bernbaum
President
On filings since 2019
5 hrs/week
$33K (2019) → $6K (2024)
Dennis J. Kuester
Chair
On filings since 2019
1 hr/week
No compensation reported
Bob Foresman
Trustee
On filings since 2019
1 hr/week
No compensation reported
Howard A. Dahl
Trustee
On filings since 2019
1 hr/week
No compensation reported
Mark R. Elliott
Trustee
On filings since 2019
1 hr/week
No compensation reported
Richard N. Dean
Trustee
On filings since 2019
1 hr/week
No compensation reported
Milton Kuyers
Treasurer
On filings since 2019
1 hr/week
No compensation reported
Sidney J. Jansma Jr.
Vice Chair
On filings since 2019
1 hr/week
No compensation reported
Former officers (1)
- Former: Marty Ozinga III (2019–2021) — Trustee
Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $6K, to Dr John a Bernbaum (President).
Frequently asked questions about Business & Education as Mission
How much does Business & Education as Mission give each year?
Business & Education as Mission gave $4K across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $450K across 4 grants.
What is Business & Education as Mission?
Business & Education as Mission is a private foundation focused on International, Foreign Affairs & National Security, based in Wheaton, IL.
Where does Business & Education as Mission operate?
Business & Education as Mission has awarded grants in California, Colorado, Iowa, Illinois, Maryland, Michigan, North Carolina, Tennessee, Texas, Washington.
How much is Business & Education as Mission required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Business & Education as Mission reported a distributable amount of $309 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Business & Education as Mission's EIN?
Business & Education as Mission's EIN (Employer Identification Number) is 52-1930894. IRS Form 990 filing data is available on this page for 2019–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Here's the math on researching Business & Education as Mission by hand.
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