Tara Foundation
Tara Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 36 grants totaling $119K. Net investment income was $92K.
Key facts about Tara Foundation
- EIN
- 57-1139450
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $119,272
- Grants made (2024)
- 36
- Average grant
- $3,313
- Median grant
- $1,550
- Total assets
- $10,245
- Primary geography
- South Carolina (55% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Tara Foundation funds
By grant dollars, the top recipient states for Tara Foundation's 36 itemized 2024 grants were South Carolina (55%), North Carolina (32%) and Illinois (14%). The most frequent recipient cities were Naperville, IL (13 grants), Johns Island, SC (8 grants), Charleston, SC (6 grants) and Aurora, IL (2 grants). 100% of grants with a stated purpose were for general or operating support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$10K
-80.9% YoY
Annual Giving
$119K
+48.6% YoY
Grant Count
36
+80.0% YoY
Avg Grant Size
$3K
-17.4% YoY
Under IRS private-foundation payout rules, Tara Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.
About Tara Foundation
Based on IRS filings
Tara Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $10K in total assets. In 2024, it awarded 36 grants totaling $119K. Net investment income was $92K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 36 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $10,245 | $53,618 | $112,689 |
| Revenue | $91,688 | $23,889 | $17,611 |
| Expenses | $124,664 | $82,960 | $46,781 |
| Qualifying Distributions | $119,272 | $80,250 | $44,103 |
| Net Investment Income | $91,688 | $21,393 | $15,398 |
| Distributable Amount | $3,603 | $8,434 | $12,340 |
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 recipients include Medical University of South Carolina Health ($37,895), Kiawah Island Conservancy ($13,900), Sea Island Habitat for Humanity ($5,845).
| Recipient | Purpose | Amount |
|---|---|---|
| Medical University of South Carolina Health North Charleston, NC | Operating Funds | $37,895 |
| Kiawah Island Conservancy Kiawah Island, SC | Operating Funds | $13,900 |
| Sea Island Habitat for Humanity Johns Island, SC | Operating Funds | $5,845 |
| Arts Etc Johns Island, SC | Operating Funds | $5,250 |
| Barrier Island Free Medical Clinic Johns Island, SC | Operating Funds | $5,200 |
| Backpack Buddies Seabrook Island Johns Island, SC | Operating Funds | $3,550 |
| OLM Community Outreach Johns Island, SC | Operating Funds | $3,550 |
| Backpack Buddies Kiawah Island Johns Island, SC | Operating Funds | $3,500 |
| Charleston Area Therapeutic Riding Johns Island, SC | Operating Funds | $3,450 |
| Fields To Families Charleston, SC | Operating Funds | $2,950 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Loren G Beadle | President/Director | 1 | — |
| Amy J Beadle | Secretary/Treasurer/Direct | 1 | — |
| Nathan E Beadle | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Tara Foundation?
Tara Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHICAGO, IL. It holds $10K in total assets as of 2024.
How large is Tara Foundation?
As of 2024, Tara Foundation holds $10K in total assets with $92K in annual revenue. It awarded 36 grants totaling $119K in 2024.
Where does Tara Foundation operate?
Tara Foundation has awarded grants in District of Columbia, Illinois, North Carolina, South Carolina, Tennessee.
What size grants does Tara Foundation award?
In 2024, Tara Foundation awarded 36 grants totaling $119K — an average of about $3K per grant, based on its IRS Form 990 filings.
How much is Tara Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Tara Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Tara Foundation's EIN?
Tara Foundation's EIN (Employer Identification Number) is 57-1139450. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Tara Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.