The Beaty Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED BANK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 22 grants totaling $87K. Net investment income was $67K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9M
+6.3% YoY
Annual Giving
$87K
-19.8% YoY
Grant Count
22
-15.4% YoY
Avg Grant Size
$4K
-5.3% YoY
Under IRS private-foundation payout rules, The Beaty Family Foundation reported a distributable amount of $82K for 2024 — the minimum it must pay out in qualifying distributions.
About The Beaty Family Foundation
Based on IRS filings
The Beaty Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED BANK, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 22 grants totaling $87K. Net investment income was $67K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,885,839 | $1,774,451 | $1,664,049 |
| Revenue | $88,984 | $72,412 | $92,055 |
| Expenses | $110,008 | $129,755 | $114,079 |
| Qualifying Distributions | $87,868 | $109,420 | $93,106 |
| Net Investment Income | $66,844 | $52,077 | $71,082 |
| Distributable Amount | $82,165 | $76,961 | $83,429 |
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
118 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Services & Food for the Hungry ($20,000), Lutheran Church of the Reformation ($19,000), Hackensack Meridian Riverview Mc Foundation ($10,000).
| Recipient | Purpose | Amount |
|---|---|---|
| 180 TURNING LIVES AROUND HAZLETT, NJ | CHARITABLE USE | $1,000 |
| CROSS ROADS CAMP AND RETREAT CENTER PORT MURRAY, NJ | CHARITABLE USE | $1,000 |
| HACKENSACK MERIDIAN RIVERVIEW MC FOUNDATION RED BANK, NJ | CHARITABLE USE | $10,000 |
| HOLY TRINITY LUTHERAN CHURCH SOMERSET, NJ | CHARITABLE USE | $5,600 |
| ICHAN SCHOOL OF MEDICINE AT MOUNT SINAI NEW YORK, NY | CHARITABLE USE | $10,000 |
| LOWER EAST SIDE TRINITY LUTHERAN CHURCH NEW YORK, NY | CHARITABLE USE | $100 |
| LUTHERAN CHURCH OF THE REFORMATION WASHINGTON, DC | CHARITABLE USE | $19,000 |
| MEMORIAL SLOAN-KETTERING CANCER CENTER NEW YORK, NY | CHARITABLE USE | $10,000 |
| MONMOUTH DAY CARE RED BANK, NJ | CHARITABLE USE | $50 |
| OCEANPORT FIRST AID OCEANPORT, NJ | CHARITABLE USE | $50 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DONALD L BEATY | GRANTOR, TRUSTEE | 0.5 | — |
| NORMA J BEATY | TRUSTEE | 0.5 | — |
| HEATHER LOMBARDO | TRUSTEE | 0.5 | — |
| SARAH BEATY | TRUSTEE | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Beaty Family Foundation?
The Beaty Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in RED BANK, NJ. It holds $1.9M in total assets as of 2024.
How large is The Beaty Family Foundation?
As of 2024, The Beaty Family Foundation holds $1.9M in total assets with $89K in annual revenue. It awarded 22 grants totaling $87K in 2024.
Where does The Beaty Family Foundation operate?
The Beaty Family Foundation has awarded grants in Arkansas, Arizona, District of Columbia, Illinois, Maryland, New Jersey, New York, Pennsylvania, Wisconsin.
What size grants does The Beaty Family Foundation award?
In 2024, The Beaty Family Foundation awarded 22 grants totaling $87K — an average of about $4K per grant, based on its IRS Form 990 filings.
How much is The Beaty Family Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Beaty Family Foundation reported a distributable amount of $82K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Beaty Family Foundation's EIN?
The Beaty Family Foundation's EIN (Employer Identification Number) is 05-6149406. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Beaty Family 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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