The Bean Family Foundation

Organization Overview

The Bean Family Foundation is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bean Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Bean Family Foundation generated $147.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.1% each year. All expenses for the organization totaled $71.8k during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Bean Family Foundation has awarded 176 individual grants totaling $248,350. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $0
Dividends & Interest $11,274
Net Rental Income$0
Net Gain on Sale of Assets $135,947
Capital Gain Net Income $136,029
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $147,221

Grants Awarded

Over the last fiscal year, The Bean Family Foundation has awarded $63,600 in support to 35 organizations.

Grant RecipientAmount

FIRST PRESBYTERIAN CHURCH OF HADDONFIELD

PURPOSE: GENERAL EXEMPT PURPOSE

$22,500

Pomfret, CT

PURPOSE: GENERAL EXEMPT PURPOSE

$5,500

SHADOW WOOD CHARITABLE FOUNDATION INC

PURPOSE: GENERAL EXEMPT PURPOSE

$4,000

QUEENS UNIVERSITY OF CHARLOTTE

Org PageRecipient Profile

Charlotte, NC

PURPOSE: GENERAL EXEMPT PURPOSE

$3,200

COLGATE UNIVERSITY

PURPOSE: GENERAL EXEMPT PURPOSE

$3,200

Salisbury, CT

PURPOSE: GENERAL EXEMPT PURPOSE

$2,500
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