Norwin S and Elizabeth N Bean Foundati
The Norwin S. and Elizabeth N. Bean Foundation is a private, independent foundation established in 1967 in Manchester, New Hampshire. The foundation was created through the will of Norwin S. Bean (who died in 1957) and became fully operational upon the death of his wife Elizabeth in 1967. The foundation began with assets of approximately $4 million and operates as a permanent trust dedicated to benefiting the communities of Manchester and Amherst, New Hampshire.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$12.9M
+0.5% YoY
Annual Giving
$609K
+1.8% YoY
Grant Count
30
-6.3% YoY
Avg Grant Size
$20K
+8.6% YoY
Mission & Focus Areas
The foundation's mission reflects the special concern and affection of its founders for the two communities in which they were born and lived. Grants are made in six broad charitable sectors:
- Arts and humanities
- Education
- Environment
- Health
- Human services
- Public benefit
Within human services, the foundation gives particular emphasis to low-income housing programs and youth services. The foundation prioritizes projects that are models with value for replication, provide new approaches that have been successful elsewhere, help service agencies prepare for the future, improve financial stability and managerial capacity of established organizations, promote cooperation and resource sharing among community organizations, develop sustainable service capacity, and extend services to underserved individuals and groups.
Grantmaking
In June 2024, the foundation awarded over $178,000 to six organizations. Recent grants have supported diverse initiatives including youth enrichment programs, workforce partnerships, work-based learning, winter coats for children, wifi expansion, well startup costs, and trauma care.
Grant Range
$750 - $275,000 (multi-year grants)
Average Grant
$20,000 - $30,000
Review Cycle
December 1, April 1, and September 1
How to Apply
**
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Geographic Focus
Where this funder awards grants
The foundation maintains a strong community focus with geographic restrictions:
- Approximately 90% of grants allocated to Manchester, New Hampshire organizations
- Approximately 10% of grants allocated to Amherst, New Hampshire organizations
The foundation only awards grants to nonprofit organizations and public agencies whose work benefits the communities of Manchester and Amherst, New Hampshire.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total assets: $12.8 million
- Total revenues: $676,747
- Total expenses: $767,237
- Total liabilities: $0
- Annual giving: Approximately $700,000
The foundation operates on a permanent trust model, distributing approximately 5% of assets annually.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $12,901,498 | $12,833,022 | $12,923,512 |
| Revenue | $875,787 | $676,747 | $164,843 |
| Expenses | $807,311 | $767,237 | $815,536 |
| Qualifying Distributions | $726,834 | $689,347 | $733,082 |
| Net Investment Income | $785,310 | $598,857 | $241,430 |
| Distributable Amount | $669,769 | $633,235 | $689,077 |
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
160 grants across all recorded years
Open Grants
2 open opportunities from Norwin S and Elizabeth N Bean Foundati
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Foundation Director: Diane DiPersio
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN F DINKEL | SENIOR TRUSTEE | 8 | — |
| THOMAS J DONOVAN | SENIOR TRUSTEE | 8 | $2,500 |
| RICHARD SIGEL | TERM TRUSTEE | 4 | $1,500 |
| KATY EASTERLY-MARTEY | TERM TRUSTEE | 4 | $2,500 |
| ROBERT HEATON | TERM TRUSTEE | 4 | $1,500 |
| SANDRA PELLETIER | TERM TRUSTEE | 4 | $1,500 |
| RASHIDA ELTAG MOHAMED | TERM TRUSTEE | 4 | $1,500 |
Contact Information
Address: 40 Stark Street, Manchester, NH 03101-1979
Phone: 603-625-6464 or 603-493-7257
Email: Diane@beanfoundation.org
Website: www.beanfoundation.org
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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