//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Beal Foundation is a private corporation based in MIDLAND, TX. The foundation received its IRS ruling in 1963. The principal officer is American State Bank. It holds total assets of $81.4M. Annual income is reported at $39.8M. Total assets have grown from $12.2M in 2011 to $81.4M in 2024. The foundation is governed by 14 officers and trustees. Tax records are available from 2015 to 2024. Grantmaking is concentrated in Texas. According to available records, Beal Foundation has made 264 grants totaling $18.7M, with a median grant of $25K. Annual giving has grown from $4.5M in 2020 to $6.9M in 2023. Grantmaking activity was highest in 2022 with $7.2M distributed across 91 grants. Individual grants have ranged from $2K to $1.6M, with an average award of $71K. The foundation has supported 121 unique organizations. The foundation primarily supports organizations in Texas, California, Colorado, which account for 96% of all grants. Grantmaking reaches organizations across 8 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$20K
Average Grant
$42K
Largest Grant
$544K
Based on 95 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.
Beal Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 264 grants. Its grantmaking reaches organizations primarily in TX, CA, CO.
Beal Foundation has distributed a total of $18.7M across 264 grants. The median grant size is $25K, with an average of $71K. Individual grants have ranged from $2K to $1.6M.
The application deadline is FOUR WEEKS PRIOR TO APRIL 1 AND NOVEMBER 1 FOR NEW APPLICANTS.. No restrictions on grants; however, the beal foundation gives first consideration to charitable organizations within the midland, texas area. Grants are based on need and availability of funds within the foundation.
Beal Foundation is headquartered in MIDLAND, TX. While based in TX, the foundation distributes grants to organizations across 8 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Steve Schorr | TRUSTEE | $0 | $0 | N/A |
| Ashley Lafevers | TRUSTEE | $0 | $0 | N/A |
| Callie Fuqua | TRUSTEE | $0 | $0 | N/A |
| Hill Davenport | TRUSTEE | $0 | $0 | N/A |
| Michael Beal | TRUSTEE | $0 | $0 | N/A |
| Alex Beal | TRUSTEE | $0 | $0 | N/A |
| Laura Buckner | TRUSTEE | $0 | $0 | N/A |
| Steve Hofer Co Cotton Bledsoe | TRUSTEE | $0 | $0 | N/A |
| Karlene Beal Garber | TRUSTEE | $0 | $0 | N/A |
| Mark Lowe Co Prosperity Bank | SECRETARY/TREASURER | $0 | $0 | N/A |
| Elizabeth Beal Davenport | CHAIRMAN | $0 | $0 | N/A |
| Spencer Beal | TRUSTEE | $0 | $0 | N/A |
| Barry Beal Jr | TRUSTEE | $0 | $0 | N/A |
| Stuart Beal | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$81.4M
Fair Market Value
N/A
Net Worth
$81.4M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
264
Total Giving
$18.7M
Average Grant
$71K
Median Grant
$25K
Unique Recipients
121
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Senior Life MidlandOPERATING FUNDS | Midland, TX | $1.6M | 2023 |
| Midland College FoundationOPERATING FUNDS AND CAPITAL FUNDS | Midland, TX | $1M | 2023 |
| First Presbyterian Church MidlandOPERATING FUNDS | Midland, TX | $645K | 2023 |
| Manor ParkincCAPITAL FUNDS | Midland, TX | $520K | 2023 |
| Saint John'S Health Center FoundationOPERATING EXPENSE | Santa Monica, CA | $226K | 2023 |
| Trinity School Of MidlandOPERATING FUNDS AND CAPITAL FUNDS | Midland, TX | $140K | 2023 |
| High Sky Children'S RanchOPERATING FUNDS AND CAPITAL FUNDS | Midland, TX | $140K | 2023 |
| West Texas Food BankOPERATING FUNDS | Odessa, TX | $110K | 2023 |
| Ymca Of MidlandOPERATING FUNDS | Midland, TX | $100K | 2023 |
| Christ Church AnglicanOPERATING FUNDS | Midland, TX | $100K | 2023 |
| Midland Children'S Rehabilitation CenterOPERATING FUNDS | Midland, TX | $95K | 2023 |
| Midland Habitat For HumanityOPERATING FUNDS | Midland, TX | $95K | 2023 |
| Young Life MidlandOPERATING FUNDS AND CAPITAL FUNDS | Midland, TX | $90K | 2023 |
| Bynum SchoolOPERATING FUNDS AND CAPITAL FUNDS | Midland, TX | $90K | 2023 |
| Com Aquatics IncCAPITAL FUNDS | Midland, TX | $75K | 2023 |
| Buckner Children And Family ServicesOPERATING FUNDS | Midland, TX | $75K | 2023 |
| The Field'S EdgeOPERATING FUNDS | Midland, TX | $75K | 2023 |
| Reins-N-Hands IncOPERATING FUNDS | Midland, TX | $75K | 2023 |
| The Springboard CenterCAPITAL FUNDS | Midland, TX | $75K | 2023 |
| Safe Place Of The Permian BasinOPERATING FUNDS AND CAPITAL PROJECTS | Midland, TX | $70K | 2023 |
| Midland Rape Crisis Center & CacOPERATING FUNDS | Midland, TX | $68K | 2023 |
| Casa Of West TexasCAPITAL FUNDS | Midland, TX | $60K | 2023 |
| Samaritan Counseling CenterOPERATING FUNDS | Midland, TX | $57K | 2023 |
| Highland Council For Teh DeafOPERATING FUNDS | Big Spring, TX | $53K | 2023 |
| Midland Memorial FoundationCAPITAL FUNDS | Midland, TX | $50K | 2023 |
| Thriving UnitedOPERATING FUNDS | Midland, TX | $50K | 2023 |
| Museum Of The SouthwestOPERATING FUNDS | Midland, TX | $50K | 2023 |
| Mission Center Adult Day ServiceOPERATING FUNDS | Midland, TX | $50K | 2023 |
| Manna HouseOPERATING EXPENSES | Brookshire, TX | $48K | 2023 |
| Communities In Schools Of The Permian BasinOPERATING FUNDS | Midland, TX | $45K | 2023 |
| Permian Basin Gifts Of HopeOPERATING FUNDS | Midland, TX | $42K | 2023 |
| First Tee West TexasOPERATING FUNDS | Midland, TX | $40K | 2023 |
| Teen ChallengeOPERATING FUNDS | Midland, TX | $40K | 2023 |
| Texas A&M University Kingsville FoundationOPERATING FUNDS | Kingsville, TX | $40K | 2023 |
| Junior Achievement Of West Texas IncOPERATING FUNDS | Midland, TX | $35K | 2023 |
| Young Women'S Leadership AcademyOPERATING FUNDS | Midland, TX | $35K | 2023 |
| Teen Flow Youth MinistryOPERATING FUNDS | Midland, TX | $35K | 2023 |
| Hillcrest SchoolOPERATING FUNDS AND CAPITAL FUNDS | Midland, TX | $35K | 2023 |
| Rope YouthOPERATING FUNDS | Midland, TX | $35K | 2023 |
| Community Children'S ClinicOPERATING FUNDS | Midland, TX | $30K | 2023 |
| Recording Library Of West TexasOPERATING FUNDS | Midland, TX | $30K | 2023 |
| Mission AgapeOPERATING EXPENSES | Midland, TX | $30K | 2023 |
| Centers For Children And FamiliesOPERATING FUNDS | Midland, TX | $30K | 2023 |
| Polwarth MinistriesOPERATING FUNDS | Waco, TX | $30K | 2023 |
| Permian Basin Regional Council On Alcohol And Drug AbuseOPERATING FUNDS | Odessa, TX | $25K | 2023 |
| Children'S Institute IncOPERATING FUNDS | Los Angeles, CA | $25K | 2023 |
| Reflection Ministries Of Texas IncOPERATING EXPENSE | Midland, TX | $25K | 2023 |
| Big Brothers Big Sisters Of Midland IncOPERATING FUNDS | Midland, TX | $25K | 2023 |
| Midland Isd Education FoundationOPERATING FUNDS | Midland, TX | $20K | 2023 |
| Literacy Coalition Of The Permian BasinOPERATING FUNDS | Midland, TX | $20K | 2023 |