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Beacon Foundation Inc. is a private 0 based in PITTSBURGH, PA. The foundation received its IRS ruling in 2005. It holds total assets of $17.9M. Annual income is reported at $4.5M. Total assets have decreased from $43M in 2011 to $16.6M in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2024. According to available records, Beacon Foundation Inc. has made 37 grants totaling $16.5M, with a median grant of $225K. Annual giving has grown from $3.5M in 2021 to $9.7M in 2023. Individual grants have ranged from $25K to $1.7M, with an average award of $447K. The foundation has supported 16 unique organizations. The foundation primarily supports organizations in Pennsylvania, District of Columbia, West Virginia, which account for 81% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$48K
Median Grant
$188K
Average Grant
$332K
Largest Grant
$975K
Based on 10 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Beacon Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in PA, DC, WV.
Beacon Foundation Inc. has distributed a total of $16.5M across 37 grants. The median grant size is $225K, with an average of $447K. Individual grants have ranged from $25K to $1.7M.
Beacon Foundation Inc. is a private foundation. To inquire about grants, you can look up the foundation using their EIN (202734721) on GuideStar or contact them directly. Many private foundations have specific application processes that may not be publicly listed.
Beacon Foundation Inc. is headquartered in PITTSBURGH, PA. While based in PA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles Porter | DIRECTOR | $0 | $0 | N/A |
| William Meehan | DIRECTOR | $0 | $0 | N/A |
| Edward Moravitz | DIRECTOR | $0 | $0 | N/A |
| Norman Weizenbaum | DIRECTOR | $0 | $0 | N/A |
| David Shapira | DIRECTOR | $0 | $0 | N/A |
| Louis Plung | DIRECTOR | $0 | $0 | N/A |
Total Giving
$6.2M
Total Assets
$16.6M
Fair Market Value
$53K
Net Worth
$16.5M
Grants Paid
$6M
Contributions
$56K
Net Investment Income
$707K
Distribution Amount
$1.3M
Total Grants
37
Total Giving
$16.5M
Average Grant
$447K
Median Grant
$225K
Unique Recipients
16
Most Common Grant
$75K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Hillel AcademyCHARITABLE | Pittsburgh, PA | $278K | 2023 |
| Pnc FoundationCHARITABLE | Pittsburgh, PA | $975K | 2022 |
| SpringboardCHARITABLE | Highland Beach, FL | $750K | 2022 |
| Jewish Federation Of Greater PittsburghCHARITABLE | Pittsburgh, PA | $1.7M | 2023 |
| Hillel InternationalCHARITABLE | Washington, DC | $1.1M | 2023 |
| Hillel The FoundationCHARITABLE | Morgantown, WV | $750K | 2023 |
| OnetableCHARITABLE | New York, NY | $413K | 2023 |
| Carnegie Mellon UniversityCHARITABLE | Pittsburgh, PA | $238K | 2023 |
| Eradicate Hate SummitCHARITABLE | Pittsburgh, PA | $225K | 2023 |
| Mosiac UnitedCHARITABLE | Mechaniscsburg, PA | $75K | 2023 |
| Jewish Association Of AgingCHARITABLE | Pittsburgh, PA | $75K | 2023 |
| Moishe HouseCHARITABLE | Encinitas, CA | $48K | 2023 |
| Jewish Cemetary Burial AssnCHARITABLE | Pittsburgh, PA | $25K | 2023 |
| Penn State UniversityCHARITABLE | University Park, PA | $75K | 2022 |
| JlcCHARITABLE | Pittsburgh, PA | $48K | 2022 |
| Friends Of Mosaic UnitedCHARITABLE | Southfield, MI | $75K | 2021 |
WEST CONSHOHOCKEN, PA
LIGONIER, PA
PITTSBURGH, PA