Irvin C & Evea J Bainum
Irvin C & Evea J Bainum is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENWOOD, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 17 grants totaling $526K. Net investment income was $441K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.3M
-5.6% YoY
Annual Giving
$526K
+81.3% YoY
Grant Count
17
-5.6% YoY
Avg Grant Size
$31K
+92.0% YoY
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.
About Irvin C & Evea J Bainum
Based on IRS filings
Irvin C & Evea J Bainum is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENWOOD, AR. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.3M in total assets. In 2024, it awarded 17 grants totaling $526K. Net investment income was $441K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,271,955 | $4,524,530 | $4,574,187 |
| Revenue | $279,663 | $246,534 | $359,136 |
| Expenses | $532,238 | $296,191 | $922,558 |
| Qualifying Distributions | $529,065 | $293,109 | $919,608 |
| Net Investment Income | $440,774 | $246,370 | $355,904 |
| Distributable Amount | $406,257 | $376,176 | $407,353 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
86 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Southern Adventist University ($225,761), Ozark Adventist Academy ($94,000), Southwestern Adventist University ($36,709).
| Recipient | Purpose | Amount |
|---|---|---|
| BONNERDALE SDA CHURCH BONNERDALE, AR | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,500 |
| HOT SPRINGS ADVENTIST SCHOOL HOT SPRIGNS, AR | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $3,000 |
| SOUTHERN ARKANSAS UNIVERSITY MANNOLIA, AR | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $4,347 |
| MISC LESS THAN 1500 EACH GLENWOOD, AR | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $7,085 |
| HIS WILL INC NORMAN, AR | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $9,000 |
| CHISHOLM TRAIL ACADEMY KEENE, TX | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $9,157 |
| SPECTRUM MAGAZINE ROSEVILLE, CA | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 |
| SPECIAL PALS OF THE SHELTER GLENWOOD, AR | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,500 |
| HENDERSON STATE UNIVERSITY ARKADELPHIA, AR | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $13,742 |
| MARANATHA VOLUNTEERS INTERNATIONAL ROSEVILLE, CA | TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $15,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TIM BAINUM | PRESIDENT/SEC/TREAS | — | — |
| LAURA HABIGHORST | TREASURER | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Irvin C & Evea J Bainum?
Irvin C & Evea J Bainum is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GLENWOOD, AR. It holds $4.3M in total assets as of 2024.
How large is Irvin C & Evea J Bainum?
As of 2024, Irvin C & Evea J Bainum holds $4.3M in total assets with $280K in annual revenue. It awarded 17 grants totaling $526K in 2024.
Where does Irvin C & Evea J Bainum operate?
Irvin C & Evea J Bainum has awarded grants in Arkansas, California, Florida, Hawaii, Indiana, Louisiana, Michigan, New York, Oregon, Tennessee, Texas, Virginia.
What size grants does Irvin C & Evea J Bainum award?
In 2024, Irvin C & Evea J Bainum awarded 17 grants totaling $526K — an average of about $31K per grant, based on its IRS Form 990 filings.
How much is Irvin C & Evea J Bainum required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Irvin C & Evea J Bainum reported a distributable amount of $406K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.