The Beta Foundation is a private foundation incorporated in Delaware and located in Lewes, DE. Established in 2019, it operates as a 501(c)(3) organization with tax-exempt status. The foundation supports the Beta Theta Pi fraternity by raising resources and distributing grants to advance the fraternity's mission of developing principled men.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.1M
-0.2% YoY
Annual Giving
$486K
+42.4% YoY
Grant Count
18
+0.0% YoY
Avg Grant Size
$27K
+42.4% YoY
Under IRS private-foundation payout rules, The Beta Foundation reported a distributable amount of $523K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's primary purpose is to support Beta Theta Pi fraternity chapters across United States college campuses. According to its filings, the foundation only makes contributions to preselected charitable organizations. Beyond fraternity support, the foundation has demonstrated funding interests in:
- General support
- Medical support
- Educational support
- Shelter and housing support
- Disaster relief
- Community support
Grantmaking
The foundation makes contributions only to preselected charitable organizations, indicating a non-open application process.
Grant Range
$500 to $250,000
How to Apply
**
Ready to take the next step with The Beta Foundation?
Geographic Focus
Where this funder awards grants
Grantmaking is concentrated in Beta Theta Pi fraternity chapters across United States college campuses. The foundation has supported 31 unique organizations, with primary funding activity in Texas, California, and Connecticut.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Assets & Revenue (2023):
- Total assets: $7,122,615
- Total revenues: $1,511,152
- Total expenses: $351,180
- Total liabilities: $0
- Total grants and contributions: $1,297,930
Historical Distribution:
- Annual distributions have ranged from $341,000 to $2,400,000 (2020-2023)
- Highest grantmaking activity in 2022: $2,400,000 distributed across 42 grants
Staffing:
- 0 employees listed
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,108,080 | $7,122,615 | $6,596,367 |
| Revenue | $472,935 | $1,511,152 | $344,982 |
| Expenses | $487,470 | $351,180 | $1,200,712 |
| Qualifying Distributions | $485,700 | $342,416 | $1,194,345 |
| Net Investment Income | $471,165 | $208,458 | $338,615 |
| Distributable Amount | $522,719 | $346,885 | $393,508 |
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
80 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Pef Israel Endowment Funds Inc ($150,000), Oshman Family Jewish Community Center ($133,000), Hudson Institute ($60,000).
| Recipient | Purpose | Amount |
|---|---|---|
| AMERICAN INDIAN COLLEGE FUND DENVER, CO | EDUCATIONAL SUPPORT | $10,000 |
| CENTER FOR BOOK ARTS INC NEW YORK, NY | EDUCATIONAL SUPPORT | $3,000 |
| FRACTURED ATLAS NEW YORK, NY | GENERAL SUPPORT | $6,000 |
| HERITAGE PROJECTS FOUNDATION INC NEW YORK, NY | GENERAL SUPPORT | $10,000 |
| HOME START INC BOSTON, MA | SHELTER SUPPORT | $20,000 |
| OPEN SPACE INSTITUTE NEW YORK, NY | GENERAL SUPPORT | $1,000 |
| PROTEZ FOUNDATION OAKDALE, MN | GENERAL SUPPORT | $10,000 |
| SEATTLE CHAMBER ORCHESTRA BELLEVUE, WA | GENERAL SUPPORT | $10,000 |
| THE OLD STONE HOUSE BROOKLYN, NY | GENERAL SUPPORT | $5,000 |
| PEF ISRAEL ENDOWMENT FUNDS INC NEW YORK, NY | GENERAL SUPPORT | $150,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
Principal Officer:
- Eli Gottesdiener (Officer, no compensation listed)
The foundation is governed by 1 officer or trustee.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ELI GOTTESDIENER | TRUSTEE | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does The Beta Foundation fund?
The foundation's primary purpose is to support Beta Theta Pi fraternity chapters across United States college campuses. According to its filings, the foundation only makes contributions to preselected charitable organizations. Beyond fraternity support, the foundation has demonstrated funding interests in: • General support • Medical support • Educational support • Shelter and housing support • Disaster relief • Community support
How do I apply for a grant from The Beta Foundation?
**Grant Activity & Amounts:** • Total giving: $485,700 (most recent filing) • Historical grantmaking: 73 grants totaling $3.1M across available records • Individual grant range: $500 to $250,000 • Average award: $43,000 • Median grant: $10,000 • Made 21 grants in 2023 **Recent Grantees (2023):** • Women's Guild Cedars-Sinai Medical Center: $100,000 (Medical Support) • Heritage Projects Foundation: $65,000 (General Support) • Fractured Atlas: $40,000 (General Support) **Application Process:** Th…
Where does The Beta Foundation make grants?
Grantmaking is concentrated in Beta Theta Pi fraternity chapters across United States college campuses. The foundation has supported 31 unique organizations, with primary funding activity in Texas, California, and Connecticut.
What size grants does The Beta Foundation award?
In 2024, The Beta Foundation awarded 18 grants totaling $486K — an average of about $27K per grant, based on its IRS Form 990 filings.
How much is The Beta Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Beta Foundation reported a distributable amount of $523K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Beta Foundation's EIN?
The Beta Foundation's EIN (Employer Identification Number) is 83-1731278. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Beta Foundation's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Ttee Trustees of Univ of Mass - Art 5
WILMINGTON, DE
Assets
$380K
Grants
1
Total Given
$14K
The Jonsson Foundation
WILMINGTON, DE
Assets
$784K
Grants
3
Total Given
$15K
The Cucci Family Foundation
WILMINGTON, DE
Assets
$579K
Grants
4
Total Given
$45K
Westly Foundation
WILMINGTON, DE
Assets
$4.1M
Grants
55
Total Given
$1.2M
Scott and Jessica McClintock Foundation
WILMINGTON, DE
Assets
$8.9M
Grants
22
Total Given
$392K
The John C Griswold Family Foundation
WILMINGTON, DE
Assets
$13.4M
Grants
68
Total Given
$534K
Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Beta Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching The Beta Foundation to a real strategy.