The Beulah Fund
The Beulah Fund is a private foundation, based in Los Angeles, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.2M in total assets. In 2024, it awarded 4 grants totaling $290K. Net investment income was $287K.
The Beulah Fund at a glance
In short: The Beulah Fund gave $290K across 4 grants in 2024 (avg $73K), mostly in California. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $290,000
- -27.8% vs 2023
- Grants made (2024)
- 4
- -60.0% vs 2023
- Average grant
- $72,500
- +80.4% vs 2023
- Median grant
- $37,500
- Total assets
- $4,236,650
- -0.3% vs 2023
- Primary geography
- California (91% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated September 2026.
Who The Beulah Fund funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
The largest 2024 recipient was La Maida Project ($200K). Together the top 4 received $290K.
Grant Size Distribution
28 grants across all recorded years
The most common grant size was under $50K: 19 grants of 28 (68%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 4 itemized grants.
Cities
How The Beulah Fund gives
- Giving fell 47% from 2021 to 2024. Method
- In 2024 it paid out 140% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $5K (2020) to $546K (2021). In 2024 it made 4 grants totaling $290K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| La Maida Project West Hollywood, CA | nonprofit organization addressing the mental health crisis by empowering organizations to adopt an ecological approach to healing that improves the mental health of their teams and those they serve. | $200,000 |
| Pathway to Kinship Agoura Hills, CA | dedicated to redefining the journey for previously justice impacted individuals through training and employment opportunities. This video gives you an inside look at the transformative impact your support can make. Every step taken is a step closer to a life renewed, offering hope, growth, and a sense of belonging. Embrace the power of change. | $50,000 |
| Divided Sky Foundation Ludlow, VT | Through immersion in the 12 Steps, spirituality, music, group discussions, and daily nature walks, we help guests rediscover their passion for life and reconnect with their true selves. | $25,000 |
| City of Hope Duarte, CA | To conquer cancer and diabetes for people everywhere by integrating scientific discovery, clinical ingenuity and compassion. | $15,000 |
Ready to take the next step with The Beulah Fund?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $4,236,650 | $392,512 | $295,554 | $290,000 | 4 | $290,000 | $286,958 | $206,758 |
| 2023 | $4,248,692 | $159,978 | $405,077 | $401,870 | 10 | $401,870 | $156,771 | $218,149 |
| 2022 | $4,483,791 | $20,351 | $348,054 | $345,000 | 5 | $345,000 | $17,297 | $233,845 |
| 2021 | $4,811,494 | $100,582 | $548,566 | $545,550 | 8 | $545,550 | — | $241,642 |
| 2020 | $5,259,978 | $511,807 | $15,545 | $5,000 | 1 | — | $1,712 | $235,773 |
Under IRS private-foundation payout rules, The Beulah Fund reported a distributable amount of $207K for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The Beulah Fund is led by Drew Carey, President on every filing since 2020 — the only officer listed, and uncompensated.
Officers on the 2024 filing
Drew Carey
President
On filings since 2020
5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Beulah Fund
How much does The Beulah Fund give each year?
The Beulah Fund gave $290K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $402K across 10 grants.
What is The Beulah Fund's typical grant size?
The Beulah Fund's median grant in 2024 was $37,500, and its average grant was $72,500, across 4 grants on its 2024 IRS Form 990-PF.
Where does The Beulah Fund give grants?
The Beulah Fund gives mostly in California: 91% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Vermont (9%).
Does The Beulah Fund give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on The Beulah Fund's 2024 IRS Form 990-PF were described as general or operating support.
How large is The Beulah Fund?
The Beulah Fund reported $4.2M in total assets on its 2024 IRS Form 990-PF. It paid out $290K in qualifying distributions that year, against a required minimum of $207K (roughly 5% of its investment assets).
What is The Beulah Fund's EIN?
The Beulah Fund's EIN (Employer Identification Number) is 27-1517611. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Beulah Fund's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
McKesson Foundation Inc
Dallas, TX
The McKesson Foundation funds cancer support and care, healthcare workforce pathways, and emergency response, with grants mainly supporting organizations in the United States and Canada. Its 2025 grants had a median of $100,000, though amounts ranged from $10,000 to about $2.47 million. Its filing says it does not accept unsolicited requests, while its application page describes an online application process with stated submission windows.
Assets
$1.6M
Grants
76
Total Given
$16.6M
Bristol-Myers Squibb Foundation Inc
Princeton, NJ
The Bristol-Myers Squibb Foundation supports health access and stronger health systems, with a focus on adult and pediatric cancers, blood disorders, brain health, and clinical-trial participation in the United States, Brazil, India, and ten Sub-Saharan African countries. In 2024, its median grant was about $134,000, though awards varied widely; it does not state whether it accepts unsolicited requests, and advises prospective applicants to contact the Foundation about its process.
Assets
$83.3M
Grants
144
Total Given
$67.7M
United Way Worldwide
Alexandria, VA
United Way Worldwide funds community programs focused on youth opportunity, health, financial security, education, and disaster relief, with 2024 grants made across multiple U.S. states and internationally. Its 209 reported grants ranged from $5,100 to $736,333, with a median of $22,675. It does not state whether it accepts unsolicited grant requests.
Assets
$68.0M
Grants
209
Total Given
$11.4M
Pledgeling Foundation
San Francisco, CA
Pledgeling Foundation regrants donor-directed contributions to a wide range of eligible U.S. public charities and vetted international charities, with no stated issue-area focus. Its 2024 grants had a median of $12,301 and ranged from $5,001 to $1.6 million; funding goes worldwide, with the largest share in California. It processes grants based on donor recommendations, and the profile does not state whether it accepts unsolicited requests.
Assets
$13.3M
Grants
918
Total Given
$31.6M
Orange County Community Foundation
Irvine, CA
The Orange County Community Foundation supports a wide range of causes, including human services, education, health, arts, the environment, and community development, primarily in Orange County and also beyond. Its 2025 grants had a median of $25,000, though amounts varied widely; it does not accept unsolicited requests.
Assets
$743.6M
Grants
975
Total Given
$120.4M
Jewish Community Federation of San Francisco the Peninsula Marin & Sonoma
San Francisco, CA
The Federation funds Jewish life and identity, antisemitism response, crisis relief, human services, and justice and inclusion, with work in the Bay Area, Israel, and beyond. Its 2025 grants ranged from $5,050 to $2,405,915, with a median of $22,750. It frequently issues requests for proposals and welcomes inquiries about new Bay Area programs; no current organization grant opportunities were listed.
Assets
$2.0B
Grants
1,032
Total Given
$94.5M
More similar funders
More Funders in California
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from The Beulah Fund's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Beulah Fund down — hundreds of funders to go?