The Bean Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAMROD KEY, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 1 grants totaling $10K. Net investment income was $34K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.8M
+9.6% YoY
Annual Giving
$10K
Grant Count
1
Avg Grant Size
$10K
Under IRS private-foundation payout rules, The Bean Foundation reported a distributable amount of $84K for 2024 — the minimum it must pay out in qualifying distributions.
About The Bean Foundation
Based on IRS filings
The Bean Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAMROD KEY, FL. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $1.8M in total assets. In 2024, it awarded 1 grants totaling $10K. 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 | $1,808,305 | $1,649,591 | $1,545,330 |
| Revenue | $39,903 | $36,656 | $49,986 |
| Expenses | $32,583 | $7,904 | $7,800 |
| Qualifying Distributions | $10,000 | — | — |
| Net Investment Income | $34,320 | $35,510 | $42,186 |
| Distributable Amount | $83,513 | $77,469 | $87,554 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include The Callahan Charitable Fund ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| THE CALLAHAN CHARITABLE FUND SUMMERLAND KEY, FL | SUPPORT SOCIAL SERVICES | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOSEPH CALLAHAN | PRESIDENT | 4 | — |
| SEAN CARROLL | TREASURER | 2 | — |
| SIOBHAN CALLAHAN | SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Bean Foundation?
The Bean Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RAMROD KEY, FL. It holds $1.8M in total assets as of 2024.
How large is The Bean Foundation?
As of 2024, The Bean Foundation holds $1.8M in total assets with $40K in annual revenue. It awarded 1 grants totaling $10K in 2024.
Where does The Bean Foundation operate?
The Bean Foundation has awarded grants in Florida.
What size grants does The Bean Foundation award?
In 2024, The Bean Foundation awarded 1 grants totaling $10K — an average of about $10K per grant, based on its IRS Form 990 filings.
How much is The Bean Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Bean Foundation reported a distributable amount of $84K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Bean Foundation's EIN?
The Bean Foundation's EIN (Employer Identification Number) is 84-3674397. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The Bean 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.
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