The Beam Foundation
The Beam Foundation is a private foundation located in Los Angeles, California, established in 1987. It operates as a 501(c)(3) tax-exempt organization and functions as a grantmaking foundation that distributes investment income to preselected charitable organizations.
Key facts about The Beam Foundation
- EIN
- 22-2786271
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $310,000
- Grants made (2024)
- 12
- Average grant
- $25,833
- Median grant
- $27,500
- New grantees (estimate)
- 8% first-time grantees (1 of 12, 2024)
- Total assets
- $2,859,354
- Primary geography
- California (70% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).
Who The Beam Foundation funds
By grant dollars, the top recipient states for The Beam Foundation's 12 itemized 2024 grants were California (70%), New York (19%) and Indiana (10%). The most frequent recipient cities were Los Angeles, CA (7 grants) and Sherman Oaks, CA (2 grants). 100% of grants with a stated purpose were for general or operating support.
Is The Beam Foundation open to new grantees?
8%
first-time grantees, 2024
In 2024, 1 of 12 grantees (8%) were first-time recipients. First grants averaged $30K; repeat grants $25K. How we count
Medians: $30K first-time, $25K repeat.
- 92% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−13%). Method
- In 2024 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Beam Foundation
- How to evaluate The Beam Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.9M
-3.3% YoY
Annual Giving
$310K
-2.5% YoY
Grant Count
12
-25.0% YoY
Avg Grant Size
$26K
+30.0% YoY
Under IRS private-foundation payout rules, The Beam Foundation reported a distributable amount of $319K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary program involves using investment income such as dividends and capital gains to make contributions to preselected charitable organizations. The foundation's grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Health Care.
Grantmaking
The Beam Foundation made 18 grants in its most recent fiscal year (ending September 2024). Recent grants include:
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Geographic Focus
Where this funder awards grants
The foundation's grantmaking extends primarily to California, New York, and Indiana.
Grant Distribution by State
Share of all 12 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
As of Fiscal Year Ending September 2024:
- Total Assets: $2,859,354
- Total Revenue: $251,875
- Total Expenses: $348,476
- Total Liabilities: $0
- Investment Income and Dividends: $219,498
- Total Giving: $310,000
The foundation has no employees and operates with zero liabilities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,859,354 | $2,955,955 | $2,788,563 |
| Revenue | $251,875 | $520,958 | $295,759 |
| Expenses | $348,476 | $353,566 | $365,751 |
| Qualifying Distributions | $310,000 | $318,000 | $347,000 |
| Net Investment Income | $219,762 | $492,277 | $277,008 |
| Distributable Amount | $318,803 | $302,666 | $316,439 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
79 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Cedars Sinai Foundation ($60,000), The Lustgarten Foundation ($60,000), Will Rogers Motion Picture Pioneers Foundation ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CEDARS SINAI FOUNDATION Los Angeles, CA | UNRESTRICTED GIFT | $60,000 |
| THE LUSTGARTEN FOUNDATION Woodbury, NY | UNRESTRICTED GIFT | $60,000 |
| WILL ROGERS MOTION PICTURE PIONEERS FOUNDATION Los Angeles, CA | UNRESTRICTED GIFT | $60,000 |
| INDIANA UNIVERSITY FOUNDATION Bloomington, IN | UNRESTRICTED GIFTUNRESTRICTED GIFT | $30,000 |
| UCLA FOUNDATION Los Angeles, CA | UNRESTRICTED GIFT | $30,000 |
| UCLA MOVEMENT DISORDER RESEARCH Los Angeles, CA | UNRESTRICTED GIFT | $30,000 |
| ALLIANCE FOR CHILDERN'S RIGHTS Los Angeles, CA | UNRESTRICTED GIFT | $25,000 |
| COLLINS AND KATZ YMCA Los Angeles, CA | UNRESTRICTED GIFT | $5,000 |
| LOS ANGELES YOUTH ORCHESTRA Sherman Oaks, CA | UNRESTRICTED GIFTUNRESTRICTED GIFT | $3,000 |
| KUSC Los Angeles, CA | UNRESTRICTED GIFT | $2,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
No officer or director reported compensation in the available filings.
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Eric Myerson | Trustee | 1 | — |
| Alan Myerson | Trustee | 1 | — |
Contact Information
Address: 11835 W Olympic Blvd Suite 1050E, Los Angeles, CA 90064-5075
Frequently Asked Questions
What does The Beam Foundation fund?
The foundation's primary program involves using investment income such as dividends and capital gains to make contributions to preselected charitable organizations. The foundation's grantmaking focuses on Education, Philanthropy, Voluntarism & Grantmaking, and Health Care.
How do I apply for a grant from The Beam Foundation?
The Beam Foundation made 18 grants in its most recent fiscal year (ending September 2024). Recent grants include: • Will Rogers Motion Picture Pioneers Foundation: $60,000 (Unrestricted Gift) • Lustgarten Foundation: $60,000 (Unrestricted Gift) • UCLA Foundation: $30,000 (Unrestricted Gift) Typical grant awards range from $1,000 to $60,000. The foundation primarily funds unrestricted gifts to its grantees.
Where does The Beam Foundation make grants?
The foundation's grantmaking extends primarily to California, New York, and Indiana.
What size grants does The Beam Foundation award?
In 2024, The Beam Foundation awarded 12 grants totaling $310K — an average of about $26K per grant, based on its IRS Form 990 filings.
How much is The Beam Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Beam Foundation reported a distributable amount of $319K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Beam Foundation's EIN?
The Beam Foundation's EIN (Employer Identification Number) is 22-2786271. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.