Irvin C & Evea J Bainum

GLENWOOD, AR EIN: 52-2135981

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

12states
+4 more states

Cities

ArkadelphiaBerrien SpringsBonnerdaleBurlesonCollegedaleConwayDays CreekFayettevilleGarden GroveGentryGlenwoodHonoluluHot SprignsHot SpringsKeeneLittle RockLonsdaleMannoliaMonetaMurfreesboro

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$254K$507K$761K$1M20202021202220232024
Metric202420232022
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

$0$229K$458K$687K$917K20 grants202016 grants202115 grants202218 grants202317 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SOUTHERN ADVENTIST UNIVE…$226KOZARK ADVENTIST ACADEMY$94KSOUTHWESTERN ADVENTIST U…$37KPIKE COUNTY LIBRARY ASSOC$31KARKANSAS LOUISIANA CONFE…$24KUNIVERSITY OF ARKANSAS F…$17KMARANATHA VOLUNTEERS INT…$15KUNION COLLEGE$15KHENDERSON STATE UNIVERSITY$14KSPECIAL PALS OF THE SHEL…$11K

Grant Size Distribution

86 grants across all recorded years

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

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).

RecipientPurposeAmount
BONNERDALE SDA CHURCH BONNERDALE, ARTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$1,500
HOT SPRINGS ADVENTIST SCHOOL HOT SPRIGNS, ARTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$3,000
SOUTHERN ARKANSAS UNIVERSITY MANNOLIA, ARTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$4,347
MISC LESS THAN 1500 EACH GLENWOOD, ARTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$7,085
HIS WILL INC NORMAN, ARTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$9,000
CHISHOLM TRAIL ACADEMY KEENE, TXTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$9,157
SPECTRUM MAGAZINE ROSEVILLE, CATO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$10,000
SPECIAL PALS OF THE SHELTER GLENWOOD, ARTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$10,500
HENDERSON STATE UNIVERSITY ARKADELPHIA, ARTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION$13,742
MARANATHA VOLUNTEERS INTERNATIONAL ROSEVILLE, CATO 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

NameTitleHoursCompensation
TIM BAINUMPRESIDENT/SEC/TREAS
LAURA HABIGHORSTTREASURER

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.

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