Fred Beans Charitable Foundation

Foundation · Grantmaker Wilmington, DE EIN: 87-3662069

Fred Beans Charitable Foundation is a private foundation focused on Human Services, based in Wilmington, DE. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $10.8M in total assets. In 2025, it awarded 5 grants totaling $100K. Net investment income was $1.7M.

Key facts about Fred Beans Charitable Foundation

In short: Fred Beans Charitable Foundation gave $100K across 5 grants in 2025 (avg $20K), mostly in Pennsylvania. Source: 2025 IRS Form 990-PF.

EIN
87-3662069
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$100,000
Grants made (2025)
5
Average grant
$20,000
Median grant
$20,000
Total assets
$10,795,040
Primary geography
Pennsylvania (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$10.8M

+21.4% YoY

Annual Giving

$100K

-50.0% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$20K

-60.0% YoY

Under IRS private-foundation payout rules, Fred Beans Charitable Foundation reported a distributable amount of $471K for 2025 — the minimum it must pay out in qualifying distributions.

How Fred Beans Charitable Foundation gives

  • Giving fell 50% from 2022 to 2025. Method
  • In 2025 it paid out 26% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. 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

Share of all 5 itemized 2025 grant dollars.

States

Cities

DoylestownNewtownAbingtonExtonJamisonPhiladelphiaRichboro

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K0 grants20215 grants20222 grants20234 grants20245 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2025

Bucks County Opportunity Council Inc: $30KBucks County OpportunityCouncil Inc$30KBucks County Free Library: $20KBucks County Free Library$20KNext Step Programs Inc: $20KNext Step Programs Inc$20KTwilight Wish Foundation: $20KTwilight Wish Foundation$20KAbington Police Pal: $10KAbington Police Pal$10K

Grant Size Distribution

16 grants across all recorded years

10<$50K4$50–100K2$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
BUCKS COUNTY OPPORTUNITY COUNCIL INC Doylestown, PAGeneral & Unrestricted$30,000
BUCKS COUNTY FREE LIBRARY Doylestown, PAGeneral & Unrestricted$20,000
NEXT STEP PROGRAMS INC Doylestown, PAGeneral & Unrestricted$20,000
TWILIGHT WISH FOUNDATION Doylestown, PAGeneral & Unrestricted$20,000
ABINGTON POLICE PAL Abington, PAGeneral & Unrestricted$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M20212022202320242025
Metric202520242023
Total Assets$10,795,040$8,893,797$3,969,214
Revenue$2,112,166$5,181,733$-76,099
Expenses$210,923$257,150$279,685
Qualifying Distributions$123,362$223,009$222,666
Net Investment Income$1,705,437$236,153$87,992
Distributable Amount$471,362$238,200$198,302

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS July 30, 2026)
  2. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Fred Beans Charitable Foundation is led by Fred Beans, Director & President on every filing since 2021; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Fred Beans

    Director & President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Elizabeth Beans Gilbert

    Director & Vice President

    On filings since 2021

    1 hr/week

    No compensation reported

  • Jennifer Beans Keiser

    Director & Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Barbara Beans

    Director & Secretary

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (1)
  • Former: Barbara Beans Murray (2021) — Secretary & Director

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 Fred Beans Charitable Foundation

How much does Fred Beans Charitable Foundation give each year?

Fred Beans Charitable Foundation gave $100K across 5 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $200K across 4 grants.

What is Fred Beans Charitable Foundation's typical grant size?

Fred Beans Charitable Foundation's median grant in 2025 was $20,000, and its average grant was $20,000, across 5 grants on its 2025 IRS Form 990-PF.

Where does Fred Beans Charitable Foundation give grants?

Fred Beans Charitable Foundation gives mostly in Pennsylvania: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Doylestown, PA (4 grants).

Does Fred Beans Charitable Foundation give general operating support?

Yes: 100% of Fred Beans Charitable Foundation's 2025 grants with a stated purpose (5 of 5) were for general or operating support, per its 2025 IRS Form 990-PF.

Who are Fred Beans Charitable Foundation's largest grantees?

Fred Beans Charitable Foundation's largest 2025 grantees include Bucks County Opportunity Council Inc ($30,000), Bucks County Free Library ($20,000) and Next Step Programs Inc ($20,000), according to its 2025 IRS Form 990-PF. Together they received 70% of its itemized 2025 grant dollars.

How large is Fred Beans Charitable Foundation?

Fred Beans Charitable Foundation reported $10.8M in total assets on its 2025 IRS Form 990-PF. It paid out $123K in qualifying distributions that year, against a required minimum of $471K (roughly 5% of its investment assets).

What is Fred Beans Charitable Foundation?

Fred Beans Charitable Foundation is a private foundation focused on Human Services, based in Wilmington, DE. It holds $10.8M in total assets as of 2025.

What is Fred Beans Charitable Foundation's EIN?

Fred Beans Charitable Foundation's EIN (Employer Identification Number) is 87-3662069. 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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