Uncle Bean Foundation Inc

GAVIOTA, CA EIN: 20-5841756

Uncle Bean Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GAVIOTA, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $638K in total assets. In 2024, it awarded 3 grants totaling $36K. Net investment income was $15K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$638K

-3.5% YoY

Annual Giving

$36K

+34.2% YoY

Grant Count

+50.0% YoY

Avg Grant Size

$12K

-10.5% YoY

Under IRS private-foundation payout rules, Uncle Bean Foundation Inc reported a distributable amount of $33K for 2024 — the minimum it must pay out in qualifying distributions.

About Uncle Bean Foundation Inc

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

North Carolina $136K (81%)

California $32K (19%)

States

California North Carolina

Cities

Arroyo GrandeCharlotteGaviotaSacramentoSan Luis Obispo

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$637,624	$660,561	$672,654
Revenue	$15,475	$13,215	$15,741
Expenses	$38,412	$28,959	$45,408
Qualifying Distributions	$37,293	$27,893	$44,349
Net Investment Income	$14,528	$12,356	$14,920
Distributable Amount	$32,550	$33,096	$34,632

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Living Church of God ($30,000), Pacific Legal Foundation ($5,000), Arroyo Grande Seventh-day Adventist Church ($1,240).

Recipient	Purpose	Amount
LIVING CHURCH OF GOD CHARLOTTE, NC	EVANGELIZE THROUGH RADIO AND TELEVISION BROADCASTS	$30,000
PACIFIC LEGAL FOUNDATION SACRAMENTO, CA	REPRESENT HUNDREDS OF AMERICANS IN COURT, FREE OF CHARGE	$5,000
ARROYO GRANDE SEVENTH-DAY ADVENTIST CHURCH ARROYO GRANDE, CA	TO SUPPORT ADDITIONAL CHURCH PROGRAMS.	$1,240

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
STEVEN C CEGELSKI	PRESIDENT	2	—
MARGARET C CEGELSKI	SECRETARY/CFO	2	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Uncle Bean Foundation Inc?

Uncle Bean Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GAVIOTA, CA. It holds $638K in total assets as of 2024.

How large is Uncle Bean Foundation Inc?

As of 2024, Uncle Bean Foundation Inc holds $638K in total assets with $15K in annual revenue. It awarded 3 grants totaling $36K in 2024.

Where does Uncle Bean Foundation Inc operate?

Uncle Bean Foundation Inc has awarded grants in California, North Carolina.

What size grants does Uncle Bean Foundation Inc award?

In 2024, Uncle Bean Foundation Inc awarded 3 grants totaling $36K — an average of about $12K per grant, based on its IRS Form 990 filings.

How much is Uncle Bean Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Uncle Bean Foundation Inc reported a distributable amount of $33K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.