The Ronald and Florence Beaty Scholarship

PETERSBURG, IL EIN: 37-1370157

The Ronald and Florence Beaty Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PETERSBURG, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $51K in total assets. In 2024, it awarded 1 grants totaling $3K. Net investment income was $764.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$51K

-3.5% YoY

Annual Giving

$3K

+19.0% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$3K

+19.0% YoY

Under IRS private-foundation payout rules, The Ronald and Florence Beaty Scholarship reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.

About The Ronald and Florence Beaty Scholarship

Based on IRS filings

The Ronald and Florence Beaty Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PETERSBURG, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $51K in total assets. In 2024, it awarded 1 grants totaling $3K. Net investment income was $764.

Ready to take the next step with The Ronald and Florence Beaty Scholarship?

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

DecaturOakfordPetersburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1K$3K$4K$5K20202021202220232024
Metric202420232022
Total Assets$50,638$52,499$54,234
Revenue$2,565$2,245$271
Expenses$4,426$3,981$4,949
Qualifying Distributions$4,426$2,265$4,101
Net Investment Income$764$1,379
Distributable Amount$2,545$2,609$864

Giving Over Time

Total grant dollars and number of grants per year

$0$800$2K$2K$3K5 grants20204 grants20212 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

MILIKIN UNIVERSITY$3K

Grant Size Distribution

13 grants across all recorded years

13<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Milikin University ($2,625).

RecipientPurposeAmount
MILIKIN UNIVERSITY DECATUR, ILSCHOLARSHIP FBO SAVANAH SCHWARTZ$2,625

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

ALLIANCE COMMUNITY B…TRUSTEE$863

From 2024 filing

NameTitleHoursCompensation
ALLIANCE COMMUNITY BANKTRUSTEE0.1$863

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Ronald and Florence Beaty Scholarship?

The Ronald and Florence Beaty Scholarship is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in PETERSBURG, IL. It holds $51K in total assets as of 2024.

How large is The Ronald and Florence Beaty Scholarship?

As of 2024, The Ronald and Florence Beaty Scholarship holds $51K in total assets with $3K in annual revenue. It awarded 1 grants totaling $3K in 2024.

Where does The Ronald and Florence Beaty Scholarship operate?

The Ronald and Florence Beaty Scholarship has awarded grants in Illinois.

What size grants does The Ronald and Florence Beaty Scholarship award?

In 2024, The Ronald and Florence Beaty Scholarship awarded 1 grants totaling $3K — an average of about $3K per grant, based on its IRS Form 990 filings.

How much is The Ronald and Florence Beaty Scholarship required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Ronald and Florence Beaty Scholarship reported a distributable amount of $3K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Ronald and Florence Beaty Scholarship's EIN?

The Ronald and Florence Beaty Scholarship's EIN (Employer Identification Number) is 37-1370157. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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