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Beard Scholarship Fund is a private trust based in PENNINGTON, NJ. The foundation received its IRS ruling in 2021. The principal officer is % Bank Of America Ttee. It holds total assets of $57.9M. Annual income is reported at $21.9M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Beard Scholarship Fund has made 4 grants totaling $1.9M, with a median grant of $488K. Individual grants have ranged from $195K to $780K, with an average award of $488K. The foundation has supported 4 unique organizations. Grants have been distributed to organizations in Illinois and Texas. Contributions to this foundation are tax-deductible.
Beard Scholarship Fund primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in IL, TX.
Beard Scholarship Fund has distributed a total of $1.9M across 4 grants. The median grant size is $488K, with an average of $488K. Individual grants have ranged from $195K to $780K.
Beard Scholarship Fund typically selects its grantees rather than accepting unsolicited proposals.
Beard Scholarship Fund is headquartered in PENNINGTON, NJ. While based in NJ, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Bank Of America N A | TRUSTEE | $558K | $0 | $558K |
Total Giving
$3.2M
Total Assets
$57.9M
Fair Market Value
$69.4M
Net Worth
$57.9M
Grants Paid
$2.5M
Contributions
$235
Net Investment Income
$3.3M
Distribution Amount
$3.1M
Total: $46.6M
Total Grants
4
Total Giving
$1.9M
Average Grant
$488K
Median Grant
$488K
Unique Recipients
4
Most Common Grant
$195K
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Northwestern UniversitySCHOLARSHIP | Evanston, IL | $780K | 2022 |
| Bradley UniversitySCHOLARSHIP | Peoria, IL | $780K | 2022 |
| Peoria Hs Alumni AssociationSCHOLARSHIP | Peoria, IL | $195K | 2022 |
| Texas Lutheran UniversitySCHOLARSHIP | Seguin, TX | $195K | 2022 |
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