Irvin C & Evea J Bainum

Private foundation · Grantmaker Glenwood, AR EIN: 52-2135981

Irvin C & Evea J Bainum is a private foundation based in Glenwood, Arkansas. In 2024, it reported 17 grants totaling $525,893 to organizations in several states.

Irvin C & Evea J Bainum at a glance

In short: Irvin C & Evea J Bainum gave $526K across 17 grants in 2024 (avg $31K), mostly in Texas. 12% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$525,893
+81.3% vs 2023
Grants made (2024)
17
-5.6% vs 2023
Average grant
$30,935
+92.0% vs 2023
Median grant
$13,742
Total assets
$4,271,955
-5.6% vs 2023
New grantees (estimate)
12% first-time grantees (2 of 17, 2024; small sample)
Primary geography
Texas (52% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to Irvin C & Evea J Bainum

How to Apply

The filing says to contact Michael Walsh and submit a letter explaining the nature of the organization. Awards are restricted to Section 501(c)(3) organizations. The foundation does not restrict giving to preselected organizations.

Review Cycle
The filing states there are no submission deadlines.
Deadline
The filing states there are no submission deadlines.
Contact

Application contact: Michael Walsh
Mailing address: Grossberg Co 6500 Rock Spring Dr, 200, Bethesda, MD 20008
Phone: (301) 571-1900

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Irvin C & Evea J Bainum funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Southern Adventist University: $226KSouthern Adventist University$226KOzark Adventist Academy: $94KOzark Adventist Academy$94KSouthwestern Adventist University: $37KSouthwestern AdventistUniversity$37KPike County Library Assoc: $31KPike County Library Assoc$31KArkansas Louisiana Conference of SDA: $24KArkansas Louisiana Conferenceof SDA$24KUniversity of Arkansas for Medical Sciences: $17KUniversity of Arkansas forMedical Sciences$17KMaranatha Volunteers International: $15KMaranatha VolunteersInternational$15KUnion College: $15KUnion College$15KHenderson State University: $14KHenderson State University$14KSpecial Pals of the Shelter: $11KSpecial Pals of the Shelter$11K

The largest 2024 recipient was Southern Adventist University ($226K). Together the top 10 received $482K.

Grant Size Distribution

86 grants across all recorded years

75<$50K8$50–100K2$100–250K$250–500K1$500K–1M$1–5M$5M+

The most common grant size was under $50K: 75 grants of 86 (87%).

Geographic Focus

Where this funder awards grants

In 2024, grant dollars went to recipients in Texas (52%), Arkansas (36%), California (5%), Louisiana (4%), and New York (3%).

Grant Distribution by State

12states

Share of 2024 grant dollars across all 17 itemized grants.

Cities

GlenwoodKeeneRosevilleBonnerdaleGentryGarden GroveSchenectadyWest LafayetteCollegedaleNormanShreveportArkadelphiaBurlesonConwayHonoluluHot SprignsLonsdaleSavannahBerrien SpringsDays Creek

Is Irvin C & Evea J Bainum open to new grantees?

12%

first-time grantees, 2024

In 2024, 2 of 17 grantees (12%) were first-time recipients. With only 17 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $11K; repeat grants $34K. How we count

Medians: $11K first-time, $14K repeat.

  • 82% of 2024 grantees were also funded in 2023. Method
  • Giving grew 50% from 2021 to 2024. Method
  • In 2024 it paid out 130% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M20 grants2020 16 grants2021 15 grants2022 18 grants2023 17 grants2024

From 2020 to 2024, annual grant giving ranged from $290K (2023) to $917K (2022). In 2024 it made 17 grants totaling $526K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Southern Adventist University Keene, TXTo Further the Exempt Purpose of the Organization$225,761
Ozark Adventist Academy Gentry, ARTo Further the Exempt Purpose of the Organization$94,000
Southwestern Adventist University Keene, TXTo Further the Exempt Purpose of the Organization$36,709
Pike County Library Assoc Glenwood, ARTo Further the Exempt Purpose of the Organization$30,851
Arkansas Louisiana Conference of SDA Shreveport, LATo Further the Exempt Purpose of the Organization$23,500
University of Arkansas for Medical Sciences Fayetteville, ARTo Further the Exempt Purpose of the Organization$16,741
Maranatha Volunteers International Roseville, CATo Further the Exempt Purpose of the Organization$15,000
Union College Schenectady, NYTo Further the Exempt Purpose of the Organization$15,000
Henderson State University Arkadelphia, ARTo Further the Exempt Purpose of the Organization$13,742
Special Pals of the Shelter Glenwood, ARTo Further the Exempt Purpose of the Organization$10,500
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment IncomeDistributable Amount
2024$4,271,955$279,663$532,238$525,89317$529,065$440,774$406,257
2023$4,524,530$246,534$296,191$290,02718$293,109$246,370$376,176
2022$4,574,187$359,136$922,558$916,65815$919,608$355,904$407,353
2021$5,137,609$309,238$355,696$350,16516$352,421$306,504$403,913
2020$5,179,582$261,975$381,298$293,91020—$259,124$337,321

Under IRS private-foundation payout rules, Irvin C & Evea J Bainum reported a distributable amount of $406K for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

No mission statement for the foundation is provided. Its 2024 grants included support for education, libraries, medical sciences, volunteer service, and other organizations. Southwestern Adventist University describes its mission as offering quality higher education in a Christ-centered environment. Maranatha Volunteers International describes itself as a nonprofit providing community structures through volunteer service. Southern Arkansas University says its mission is to provide scholarship funds to qualified students.

Grantmaking

In 2024, the foundation gave $525,893 through 17 grants. Grant amounts ranged from $1,500 to $225,761, with a median grant of $13,742.

Among its largest 2024 grants were $225,761 to Southern Adventist University, $94,000 to Ozark Adventist Academy, $36,709 to Southwestern Adventist University, and $30,851 to Pike County Library Association. The filing lists the stated purpose for these grants as furthering each recipient’s exempt purpose.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Tim Bainum as president, secretary, and treasurer, and Laura Habighorst as treasurer.

Irvin C & Evea J Bainum is led by Tim Bainum, President, Secretary & Treasurer on every filing since 2020; none of the 2 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Tim Bainum

    President, Secretary & Treasurer

    On filings since 2020

    No compensation reported

  • Laura Habighorst

    Treasurer

    On filings since 2021

    No compensation reported

Data from IRS Form 990 filings, 2020–2024. "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 Irvin C & Evea J Bainum

How much does Irvin C & Evea J Bainum give each year?

Irvin C & Evea J Bainum gave $526K across 17 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $290K across 18 grants.

What is Irvin C & Evea J Bainum's typical grant size?

Irvin C & Evea J Bainum's median grant in 2024 was $13,742, and its average grant was $30,935, across 17 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Irvin C & Evea J Bainum that year got $11K on average.

Where does Irvin C & Evea J Bainum give grants?

Irvin C & Evea J Bainum gives mostly in Texas: 52% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Arkansas (36%). The most frequent recipient cities were Keene, TX (3 grants), Glenwood, AR (3 grants) and Roseville, CA (2 grants).

Who are Irvin C & Evea J Bainum's largest grantees?

Irvin C & Evea J Bainum's largest 2024 grantees include Southern Adventist University ($225,761), Ozark Adventist Academy ($94,000) and Southwestern Adventist University ($36,709), according to its 2024 IRS Form 990-PF. Together they received 68% of its itemized 2024 grant dollars.

How large is Irvin C & Evea J Bainum?

Irvin C & Evea J Bainum reported $4.3M in total assets on its 2024 IRS Form 990-PF. It paid out $529K in qualifying distributions that year, against a required minimum of $406K (roughly 5% of its investment assets).

What does Irvin C & Evea J Bainum fund?

No mission statement for the foundation is provided. Its 2024 grants included support for education, libraries, medical sciences, volunteer service, and other organizations. Southwestern Adventist University describes its mission as offering quality higher education in a Christ-centered environment. See mission & focus areas ↑

How do I apply for a grant from Irvin C & Evea J Bainum?

The filing says to contact Michael Walsh and submit a letter explaining the nature of the organization. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Irvin C & Evea J Bainum's EIN?

Irvin C & Evea J Bainum's EIN (Employer Identification Number) is 52-2135981. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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ASI Missions Inc

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Grants

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Total Given

$25.8M

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Cite this profile

Grantable. (2026). Irvin C & Evea J Bainum funder profile. GrantGraph. Retrieved October 10, 2026, from https://grantable.co/funders/irvin-c-and-evea-j-bainum-morg_7b23adaa5b2645719ea43047696f0bb3

BibTeX
@misc{grantable_522135981_2026,
  author       = {{Grantable}},
  title        = {{Irvin C \& Evea J Bainum funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/irvin-c-and-evea-j-bainum-morg_7b23adaa5b2645719ea43047696f0bb3},
  note         = {Accessed 2026-10-10. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from Irvin C & Evea J Bainum's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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