Lena Sue and C Grier Beam Family
Lena Sue and C Grier Beam Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHERRYVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $641K in total assets. In 2024, it awarded 13 grants totaling $44K. Net investment income was $40K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$641K
-1.1% YoY
Annual Giving
$44K
+18.9% YoY
Grant Count
13
-23.5% YoY
Avg Grant Size
$3K
+55.5% YoY
Under IRS private-foundation payout rules, Lena Sue and C Grier Beam Family reported a distributable amount of $39K for 2024 — the minimum it must pay out in qualifying distributions.
About Lena Sue and C Grier Beam Family
Based on IRS filings
Lena Sue and C Grier Beam Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHERRYVILLE, NC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $641K in total assets. In 2024, it awarded 13 grants totaling $44K. Net investment income was $40K.
Focus Areas
Ready to take the next step with Lena Sue and C Grier Beam Family?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $641,137 | $648,200 | $677,929 |
| Revenue | $50,879 | $19,716 | $18,754 |
| Expenses | $57,942 | $49,445 | $60,667 |
| Qualifying Distributions | $46,980 | $39,825 | $49,125 |
| Net Investment Income | $39,917 | $9,832 | $8,414 |
| Distributable Amount | $38,827 | $36,429 | $40,020 |
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
90 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include First United Methodist Church ($10,000), St Judes Childrens Research Hosp ($10,000), Levine Children's Hospital ($7,500).
| Recipient | Purpose | Amount |
|---|---|---|
| TRI-COUNTY ANIMAL RESCUE ALEXIS, NC | ANIMAL RESCUE | $1,000 |
| FIRST UNITED METHODIST CHURCH CHERRYVILLE, NC | RELIGIOUS | $10,000 |
| HOLY ANGELS INC BELMONT, NC | CHARITABLE-RELIEF FOR DISTRESSED | $2,500 |
| ST JUDES CHILDRENS RESEARCH HOSP MEMPHIS, TN | CHARITABLE-MEDICAL SERVICES | $10,000 |
| THE UPPER ROOM NASHVILLE, TN | RELIGIOUS | $500 |
| WOUNDED WARRIOR PROJECT TOPEKA, KS | CHARITABLE -RELIEF FOR DISTRESSED | $500 |
| WORLD WILDLIFE FUND INC WASHINGTON, DC | CHARITABLE - NATURE CONSERVATION | $250 |
| SAMARITAN'S PURSE BOONE, NC | CHARITABLE - RELIEF FOR DISTRESSED | $500 |
| THE NORTH CAROLINA PUBLIC TELEVISIO RESEARCH TRIANGLE, NC | PUBLIC TV NETWORK SERVING NC | $750 |
| LEVINE CHILDREN'S HOSPITAL CHARLOTTE, NC | CHARITABLE-MEDICAL SERVICES | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MICHAEL N BEAM | TRUSTEE | — | — |
| M'SHEL BEAM BOWEN | TRUSTEE | — | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Lena Sue and C Grier Beam Family?
Lena Sue and C Grier Beam Family is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHERRYVILLE, NC. It holds $641K in total assets as of 2024.
How large is Lena Sue and C Grier Beam Family?
As of 2024, Lena Sue and C Grier Beam Family holds $641K in total assets with $51K in annual revenue. It awarded 13 grants totaling $44K in 2024.
Where does Lena Sue and C Grier Beam Family operate?
Lena Sue and C Grier Beam Family has awarded grants in Arkansas, Connecticut, District of Columbia, Florida, Illinois, Kansas, North Carolina, New York, Tennessee, Virginia.
What size grants does Lena Sue and C Grier Beam Family award?
In 2024, Lena Sue and C Grier Beam Family awarded 13 grants totaling $44K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Lena Sue and C Grier Beam Family required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Lena Sue and C Grier Beam Family reported a distributable amount of $39K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Lena Sue and C Grier Beam Family's EIN?
Lena Sue and C Grier Beam Family's EIN (Employer Identification Number) is 80-0271065. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Lena Sue and C Grier Beam Family's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Duke Energy Foundation
CHARLOTTE, NC
Assets
$1.9M
Grants
41
Total Given
$25.6M
The Blackbaud Giving Fund
CHARLESTON SC, SC
Assets
$52.7M
Grants
1,860
Total Given
$41.4M
Vanguard Charitable Endowment Program
SOUTHEASTERN, PA
Assets
$22.2B
Grants
24,269
Total Given
$3.0B
Morgan Stanley Global Impact Funding Trust Inc
INDIANAPOLIS, IN
Assets
$9.1B
Grants
19,253
Total Given
$1.2B
The Us Charitable Gift Trust
BOSTON, MA
Assets
$2.2B
Grants
6,518
Total Given
$231.4M
The Pfizer Foundation Inc
NEW YORK, NY
Assets
$255.3M
Grants
9,306
Total Given
$23.2M
Jpmorgan Chase Foundation
NEW YORK, NY
Assets
$1.2B
Grants
10,334
Total Given
$202.5M
The Cigna Group Foundation
PHILADELPHIA, PA
Assets
$127.2M
Grants
4,075
Total Given
$14.1M
T Rowe Price Program for Charitable
BALTIMORE, MD
Assets
$648.3M
Grants
2,900
Total Given
$132.5M
Edward Jones Foundation
ST LOUIS, MO
Assets
$138.9M
Grants
6,618
Total Given
$20.3M
Charities Aid Foundation America
ALEXANDRIA, VA
Assets
$444.9M
Grants
10,157
Total Given
$466.3M
National Philanthropic Trust
JENKINTOWN, PA
Assets
$42.2B
Grants
18,583
Total Given
$5.1B
More Funders in North Carolina
Data last updated April 2026. Sourced from IRS Form 990-PF filings.