Theo B Bean Foundation
Theo B Bean Foundation is a private foundation based in Atlanta, Georgia. In 2025, it reported 42 grants totaling $129,000 to charitable organizations, including organizations working in health care, education, conservation, and animal welfare.
Theo B Bean Foundation at a glance
In short: Theo B Bean Foundation gave $129K across 42 grants in 2025 (avg $3K), top state Georgia. 46% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $129,000
- +37.2% vs 2024
- Grants made (2025)
- 42
- +13.5% vs 2024
- Average grant
- $3,071
- +20.9% vs 2024
- Median grant
- $2,446
- Total assets
- $1,071,750
- +8.4% vs 2024
- New grantees (estimate)
- 46% first-time grantees (18 of 39, 2025)
- Primary geography
- Georgia (43% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Theo B Bean Foundation
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 3516 Paces Place Nw, Atlanta, GA 30327
Phone: (404) 797-2194
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Theo B Bean Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Childrens Healthcare of Atlanta ($11K). Together the top 10 received $72K.
Grant Size Distribution
162 grants across all recorded years
The most common grant size was under $50K: 162 grants of 162 (100%).
Geographic Focus
Where this funder awards grants
In 2025, Georgia organizations received 43% of grant dollars, followed by organizations in New York (14%), Florida (12%), Minnesota (8%), and Virginia (8%).
Grant Distribution by State
Share of 2025 grant dollars across all 42 itemized grants.
States
Cities
Is Theo B Bean Foundation open to new grantees?
46%
first-time grantees, 2025
In 2025, 18 of 39 grantees (46%) were first-time recipients. First grants averaged $2K; repeat grants $4K. How we count
Medians: $2K first-time, $3K repeat.
- 54% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+11%). Method
- In 2025 it paid out 115% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $86K (2020) to $129K (2025). In 2025 it made 42 grants totaling $129K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Childrens Healthcare of Atlanta Atlanta, GA | General Operating Support | $10,500 |
| ALS Association of GA Atlanta, GA | General Operating Support | $10,000 |
| Columbia Business School New York, NY | General Operating Support | $10,000 |
| Ascension Episcopal Schools Houston, TX | General Operating Support | $5,000 |
| Vintage Racers for Rescues Blanch, NC | General Operating Support | $5,000 |
| Woodberry Forest School Woodberry Forest, VA | General Operating Support | $5,000 |
| Tall Timbers Research Tallahassee, FL | General Operating Support | $5,000 |
| Mayo Clinic Rochester, MN | General Operating Support | $5,000 |
| Phoebe Putney Memorial Hospital Albany, GA | General Operating Support | $5,000 |
| Canterbury School For Myers, FL | General Operating Support | $4,209 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,071,750 | $215,278 | $159,906 | $129,000 | 42 | $129,000 | $182,231 | $112,031 |
| 2024 | $988,637 | $96,372 | $120,498 | $94,026 | 37 | $94,026 | $69,900 | $103,605 |
| 2023 | $1,012,763 | $57,704 | $139,466 | $113,974 | 30 | $113,974 | $32,220 | $101,592 |
| 2022 | $1,094,219 | $193,255 | $142,403 | $116,000 | 28 | $116,000 | $166,852 | $109,439 |
| 2021 | $1,048,172 | $145,451 | $133,956 | $106,332 | 25 | $106,332 | $117,790 | $118,966 |
| 2020 | $1,042,143 | $121,685 | $116,265 | $86,168 | 21 | — | $93,606 | $98,593 |
Under IRS private-foundation payout rules, Theo B Bean Foundation reported a distributable amount of $112K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied missions. For example, Children’s Healthcare of Atlanta describes its mission as making children better today and healthier tomorrow; Canterbury School describes itself as a college-preparatory school emphasizing academic excellence, character, leadership, and service; and Tall Timbers Research says it fosters land stewardship through research, conservation, and education. Vintage Racers for Rescues says it rescues and rehomes dogs and cats and educates the public about spay and neuter procedures.
Grantmaking
In 2025, the foundation made 42 grants totaling $129,000. Grants ranged from $250 to $10,500, with a median of $2,446. The largest grants included $10,500 to Children’s Healthcare of Atlanta, $10,000 each to the ALS Association of Georgia and Columbia Business School, and $5,000 each to Ascension Episcopal Schools, Vintage Racers for Rescues, Woodberry Forest School, Tall Timbers Research, Mayo Clinic, and Phoebe Putney Memorial Hospital. The listed grants were for general operating support.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Patrick A Bean, Jeffrey B Bean, Matthew M Bean, and Jonathan S Bean as board members.
Theo B Bean Foundation's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Jeffrey B. Bean
Board Member
On filings since 2020
1 hr/week
No compensation reported
Jonathan S. Bean
Board Member
On filings since 2020
1 hr/week
No compensation reported
Matthew M. Bean
Board Member
Board Member → President, 2023
President → Board Member, 2024
On filings since 2020
1 hr/week
No compensation reported
Patrick A. Bean
Board Member
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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 Theo B Bean Foundation
How much does Theo B Bean Foundation give each year?
Theo B Bean Foundation gave $129K across 42 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $94K across 37 grants.
What is Theo B Bean Foundation's typical grant size?
Theo B Bean Foundation's median grant in 2025 was $2,446, and its average grant was $3,071, across 42 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Theo B Bean Foundation that year got $2K on average.
Where does Theo B Bean Foundation give grants?
Theo B Bean Foundation's top state is Georgia, with 43% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were New York (14%) and Florida (12%). The most frequent recipient cities were Atlanta, GA (11 grants), New York, NY (6 grants), Rochester, MN (3 grants) and Tallahassee, FL (3 grants).
Does Theo B Bean Foundation give general operating support?
Yes: 100% of Theo B Bean Foundation's 2025 grants with a stated purpose (42 of 42) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Theo B Bean Foundation's largest grantees?
Theo B Bean Foundation's largest 2025 grantees include Childrens Healthcare of Atlanta ($10,500), ALS Association of GA ($10,000) and Columbia Business School ($10,000), according to its 2025 IRS Form 990-PF. Together they received 24% of its itemized 2025 grant dollars.
How large is Theo B Bean Foundation?
Theo B Bean Foundation reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $129K in qualifying distributions that year, against a required minimum of $112K (roughly 5% of its investment assets).
What does Theo B Bean Foundation fund?
No mission statement for the foundation is provided. Its 2025 grants included support for organizations with varied missions. See mission & focus areas ↑
How do I apply for a grant from Theo B Bean Foundation?
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Theo B Bean Foundation's EIN?
Theo B Bean Foundation's EIN (Employer Identification Number) is 58-1922435. IRS Form 990 filing data is available on this page for 2020–2025.
Does Theo B Bean Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Theo B Bean Foundation's focus areas in our free grants database
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Cite this profile
Grantable. (2026). Theo B Bean Foundation funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/theo-b-bean-foundation-morg_cfb070d16f7043178adeb57ed14e3784
BibTeX
@misc{grantable_581922435_2026,
author = {{Grantable}},
title = {{Theo B Bean Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/theo-b-bean-foundation-morg_cfb070d16f7043178adeb57ed14e3784},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Theo B Bean Foundation'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.
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