The Bean Family Foundation Trust
The Bean Family Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $492K in total assets. In 2024, it awarded 30 grants totaling $30K. Net investment income was $34K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$492K
+0.2% YoY
Annual Giving
$30K
-30.2% YoY
Grant Count
30
-16.7% YoY
Avg Grant Size
$1K
-16.3% YoY
Under IRS private-foundation payout rules, The Bean Family Foundation Trust reported a distributable amount of $41K for 2024 — the minimum it must pay out in qualifying distributions.
About The Bean Family Foundation Trust
Based on IRS filings
The Bean Family Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $492K in total assets. In 2024, it awarded 30 grants totaling $30K. Net investment income was $34K.
Focus Areas
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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 | $491,634 | $490,612 | $512,364 |
| Revenue | $39,549 | $29,254 | $21,358 |
| Expenses | $38,211 | $50,611 | $70,143 |
| Qualifying Distributions | $33,104 | $45,985 | $62,589 |
| Net Investment Income | $34,142 | $24,186 | $15,944 |
| Distributable Amount | $41,410 | $36,649 | $36,887 |
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
170 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Bancroft ($3,000), Jupiter Medical Center Foundation Inc ($2,500), First Presbyterian Church of Haddonfield ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AUTISM SPEAKS PRINCETON, NJ | GENERAL EXEMPT PURPOSE | $500 |
| BANCROFT CHERRY HILL, NJ | GENERAL EXEMPT PURPOSE | $3,000 |
| BRIDGE TO A CURE FORT MYERS, FL | GENERAL EXEMPT PURPOSE | $500 |
| BUCKNELL UNIVERSITY LEWISBURG, PA | EDUCATIONAL | $500 |
| BUSCH WILDLIFE SANCTUARY LOXAHATCHEE, FL | GENERAL EXEMPT PURPOSE | $1,000 |
| CHERRY HILL FOOD PANTRY CHERRY HILL, NJ | GENERAL EXEMPT PURPOSE | $500 |
| CHILDREN'S HOSPITAL OF PHILADELPHIA PHILADELPHIA, PA | GENERAL EXEMPT PURPOSE | $1,000 |
| CLEMSON UNIVERSITY CLEMSON, SC | GENERAL EXEMPT PURPOSE | $1,000 |
| COLGATE UNIVERSITY HAMILTON, NY | GENERAL EXEMPT PURPOSE | $1,000 |
| CORNELL UNIVERSITY ITHACA, NY | GENERAL EXEMPT PURPOSE | $500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| SANDRA BEAN LEWIS | TRUSTEE | 1 | — |
| JANET M BEAN | TRUSTEE | 1 | — |
| R RONALD GLENN | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Bean Family Foundation Trust?
The Bean Family Foundation Trust is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in NEW YORK, NY. It holds $492K in total assets as of 2024.
How large is The Bean Family Foundation Trust?
As of 2024, The Bean Family Foundation Trust holds $492K in total assets with $40K in annual revenue. It awarded 30 grants totaling $30K in 2024.
Where does The Bean Family Foundation Trust operate?
The Bean Family Foundation Trust has awarded grants in Alabama, Connecticut, Florida, Georgia, Minnesota, North Carolina, New Jersey, New York, Pennsylvania, South Carolina, Tennessee, Utah, Virginia.
What size grants does The Bean Family Foundation Trust award?
In 2024, The Bean Family Foundation Trust awarded 30 grants totaling $30K — an average of about $1K per grant, based on its IRS Form 990 filings.
How much is The Bean Family Foundation Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bean Family Foundation Trust reported a distributable amount of $41K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Bean Family Foundation Trust's EIN?
The Bean Family Foundation Trust's EIN (Employer Identification Number) is 22-6636117. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Bean Family Foundation Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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