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Beverly Foundation is a private corporation based in MINNEAPOLIS, MN. The foundation received its IRS ruling in 2000. The principal officer is Family Partners. It holds total assets of $14.6M. Annual income is reported at $4.5M. Total assets have decreased from $27.6M in 2011 to $14.6M in 2024. The foundation is governed by 2 officers and trustees. Tax records are available from 2020 to 2024. Funding is distributed across 6 states, including Minnesota, New York, California. According to available records, Beverly Foundation has made 225 grants totaling $9.3M, with a median grant of $10K. Annual giving has grown from $2.1M in 2020 to $2.7M in 2023. Grantmaking activity was highest in 2022 with $4.5M distributed across 128 grants. Individual grants have ranged from $500 to $1.1M, with an average award of $41K. The foundation has supported 73 unique organizations. The foundation primarily supports organizations in California, Minnesota, New York, which account for 80% of all grants. Grantmaking reaches organizations across 12 states. Contributions to this foundation are tax-deductible.
The Beverly Foundation is a donor-directed private foundation that operates through preselected giving rather than open applications. It distributes approximately $2.7-2.8M annually across 56-68 grants. The foundation has three dominant funding relationships that account for the majority of giving: Oceans Forward (marine conservation/fish hatchery, $1-2.5M annually), Sholom Foundation (Jewish elder care capital campaign, $400K), and IsraAid Global Humanitarian Assistance (international aid, $360-430K). Beyond these anchor grants, the foundation makes 50-60 smaller grants ($500-$85,000) across education, human services, Jewish community organizations, medical research, and environmental causes. The foundation is strongly values-driven around Jewish community support, Israel-related causes, marine conservation, and social services. Organizations seeking funding would need to establish relationships through the Minneapolis Jewish community or through existing grantee networks. The phone number 952-545-3000 may provide a contact pathway. The website domain is no longer functional.
The Beverly Foundation has been in a sustained drawdown mode, with assets declining from $27.6M (2011) to $14.6M (2024) as charitable disbursements consistently exceed revenue. In 2024, expenses of $3.07M exceeded revenue of $2.03M, resulting in a net loss of $1.04M. Revenue comes from investment returns: asset sales (67.3%), dividends (20.8%), other income (9.6%), and interest (2.3%), with $0 in new contributions. The foundation makes 56-68 grants annually with a median grant of $16,500-17,000 and a range of $500 to $1.12M. The three largest recipients in 2024 were: Oceans Forward ($2.585M across 3 grants for fish hatchery programs), IsraAid ($430K + $375K for humanitarian aid), and Sholom Foundation ($400K capital campaign). Other notable recipients include Mayo Clinic ($51K for Kogod Center on Aging), Jewish Family and Children's Service ($50-85K), Operation Bootstrap Africa ($60-65K), and dozens of smaller grants to organizations including Walk-In Counseling Center, Washburn Center for Children, Youth Farm and Market Project, Hands Across the Sea, Colel Chabad, and PEF Israel Endowment Funds. Geographic distribution: Minnesota (31 grants), New York (21 grants), California (6 grants), Washington DC (3 grants), plus international.
| Foundation | Assets | Annual Giving | Focus | Type |
|---|---|---|---|---|
| Beverly Foundation | $14.6M | $2.76M (68 grants) | Marine conservation, Jewish community, humanitarian aid | Private independent |
| Minneapolis Foundation | $1.2B | $85M+ | Community development, education, arts (Minneapolis) | Community foundation |
| Otto Bremer Trust | $2.0B | $100M+ | Economic vitality, basic needs (Upper Midwest) | Private foundation |
| Jay and Rose Phillips Family Foundation | $95M | $5M+ | Jewish community, human services (MN) | Private foundation |
| Pohlad Family Foundation | $120M | $8M+ | Education, housing, economic opportunity (MN) | Private foundation |
| Jewish Community Foundation of the Minneapolis Jewish Federation | $150M | $12M+ | Jewish community, Israel, education | Community foundation |
The Beverly Foundation is a mid-sized private foundation in the Minneapolis philanthropic landscape. Its unique combination of marine conservation (Oceans Forward), Jewish community support, and international humanitarian aid (IsraAid) distinguishes it from peer foundations. Its $2.76M annual giving level is substantial for a $14.6M foundation, reflecting an aggressive drawdown strategy at approximately 19% of assets annually.
In 2024, the Beverly Foundation distributed $2.76M across 68 grants, with Oceans Forward receiving the largest allocation ($2.585M across three grants for fish hatchery programs in Sunnyvale, CA). This represents a significant concentration of giving in marine conservation. The foundation has been steadily increasing its grant count from 56 awards in 2024 filings, up from prior years. Notably, the foundation is operating in drawdown mode with assets declining from $27.6M (2011) to $14.6M (2024), suggesting either an intentional spend-down strategy or that the founder Beverly Deikel is accelerating charitable distributions. The foundation website (beverlyfoundation.org) is no longer functional, redirecting to a spam domain. Revenue in 2024 was $2.03M against $3.07M in expenses, continuing the multi-year pattern of negative net income.
The Beverly Foundation operates as a donor-directed, preselected-only private foundation. There is no public application process, no active website, and no published grant guidelines or deadlines. The foundation phone number is 952-545-3000. Key considerations for organizations seeking alignment: (1) The foundation heavily favors three anchor organizations (Oceans Forward, Sholom Foundation, IsraAid) which collectively receive 70-80% of total giving; (2) Remaining grants cluster around Jewish community organizations, human services nonprofits in Minnesota, environmental causes, and educational institutions; (3) The Minneapolis Jewish community appears to be the primary network through which smaller grants are directed; (4) Typical non-anchor grants range from $500 to $85,000 with a median of approximately $16,500; (5) The foundation funds nationally and internationally despite its Minneapolis base, with grants flowing to organizations in MN, NY, CA, DC, and multiple countries; (6) The asset drawdown trajectory suggests the foundation may have a limited remaining lifespan, potentially 5-8 years at current spending rates.
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The beverly foundation accomplishes its charitable purposes solely through making charitable gifts and does not conduct any direct charitable activities. Since this foundation's charitable programs consist solely of grant-making activities, no allocation of administrative expenses between grant activities, direct charitable activities and program-related investments is required.
Major grants to Oceans Forward for fish hatchery programs, plus support for environmental organizations.
Grants to Jewish Family and Children's Service, Sholom Foundation, PEF Israel Endowment Funds, New Israel Fund, Colel Chabad, and American Friends organizations.
Major grants to IsraAid Global Humanitarian Assistance and Operation Bootstrap Africa.
Grants to Mayo Clinic Kogod Center on Aging and health-focused organizations.
Grants to educational institutions, Washburn Center for Children, Walk-In Counseling Center, Youth Farm and Market Project, and community organizations.
The Beverly Foundation has been in a sustained drawdown mode, with assets declining from $27.6M (2011) to $14.6M (2024) as charitable disbursements consistently exceed revenue. In 2024, expenses of $3.07M exceeded revenue of $2.03M, resulting in a net loss of $1.04M. Revenue comes from investment returns: asset sales (67.3%), dividends (20.8%), other income (9.6%), and interest (2.3%), with $0 in new contributions. The foundation makes 56-68 grants annually with a median grant of $16,500-17,000 .
Beverly Foundation has distributed a total of $9.3M across 225 grants. The median grant size is $10K, with an average of $41K. Individual grants have ranged from $500 to $1.1M.
The Beverly Foundation is a donor-directed private foundation that operates through preselected giving rather than open applications. It distributes approximately $2.7-2.8M annually across 56-68 grants. The foundation has three dominant funding relationships that account for the majority of giving: Oceans Forward (marine conservation/fish hatchery, $1-2.5M annually), Sholom Foundation (Jewish elder care capital campaign, $400K), and IsraAid Global Humanitarian Assistance (international aid, $360.
Beverly Foundation is headquartered in MINNEAPOLIS, MN. While based in MN, the foundation distributes grants to organizations across 12 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ronald Fingerhut | SECRETARY | $0 | $0 | N/A |
| Beverly Deikel | PRESIDENT, TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$14.6M
Fair Market Value
N/A
Net Worth
$14.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
225
Total Giving
$9.3M
Average Grant
$41K
Median Grant
$10K
Unique Recipients
73
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Resource FoundationDOMINICAN SUPPORT | New York, NY | $26K | 2023 |
| HadassahGENERAL OPERATING | New York, NY | $5K | 2023 |
| Repair The WorldOLAM BEYACHAD | New York, NY | $3K | 2023 |
| Oceans ForwardFISH HATCHERY | Sunnyvale, CA | $1.1M | 2023 |
| Sholom FoundationCAPITAL CAMPAIGN | St Louis Park, MN | $400K | 2023 |
| Isra Aid Global Humanitarian AssistanceGENERAL OPERATING/ DOMINICA AID/BAHAMA AID | Palo Alto, CA | $375K | 2023 |
| Operation Bootstrap AfricaGENERAL OPERATING | Minneapolis, MN | $60K | 2023 |
| Mayo ClinicSUPPORT KOGOD CENTER ON AGING | Rochester, MN | $51K | 2023 |
| Colel ChabadHUNGER RELIEF | Brooklyn, NY | $50K | 2023 |
| Jewish Family & Children'S Service Of MinneapolisGENERAL OPERATING | Golden Valley, MN | $50K | 2023 |
| Jewish Community Relations CouncilGENERAL OPERATING/ TOLERANCE MN | Minneapolis, MN | $40K | 2023 |
| Hands Across The Sea IncWORK IN DOMINICA | Boston, MA | $40K | 2023 |
| Israel Guide Dog Center For The BlindPARTNERSHIP | Warrington, PA | $32K | 2023 |
| American Friends Of NishmatETHIOPIAN WOMEN'S EDUCATIONAL PROGRAM | New York, NY | $30K | 2023 |
| Pef Israel Endowment FundsCREATING A COMMON CAUSE | New York, NY | $30K | 2023 |
| Project For Pride In Living IncGENERAL OPERATING | Minneapolis, MN | $25K | 2023 |
| Planned ParenthoodGENERAL OPERATING | St Paul, MN | $25K | 2023 |
| Minneapolis Jewish FederationGENERAL OPERATING | Minnetonka, MN | $20K | 2023 |
| Jewfolk MediaGENERAL OPERATING | St Louis Park, MN | $20K | 2023 |
| Adl Midwest - Anti-Defamation CommitteeGENERAL OPERATING | Chicago, IL | $15K | 2023 |
| American Friends Of LeketGENERAL OPERATING/ISRAEL'S FOOD BANK | Teaneck, NJ | $15K | 2023 |
| Food Group TheFARMER SUPPORT | New Hope, MN | $15K | 2023 |
| Schechter InstituteGENERAL OPERATING | Philadelphia, PA | $15K | 2023 |
| Friends Of The Israel Defense Forces - CentralEMERGENCY RESPONSE | Walled Lake, MI | $10K | 2023 |
| Minnesota Jewish Community CenterGENERAL OPERATING | Minneapolis, MN | $10K | 2023 |
| American Jewish Joint Distribution Committee IncGENERAL OPERATING | New York, NY | $10K | 2023 |
| Avenues For Homeless YouthGENERAL OPERATING | Minneapolis, MN | $10K | 2023 |
| AvivoGENERAL OPERATING | Minneapolis, MN | $10K | 2023 |
| Center For Peace CommunicationsGENERAL OPERATING | Brooklyn, NY | $10K | 2023 |
| Meet International IncGENERAL OPERATING | Boston, MA | $10K | 2023 |
| MovefwdGENERAL OPERATING | Hopkins, MN | $10K | 2023 |
| Sojourner Project IncGENERAL OPERATING | Hopkins, MN | $10K | 2023 |
| Southside Family Nurturing CenterGENERAL OPERATING | Minneapolis, MN | $10K | 2023 |
| Jewish Community Relations Council Of San FranciscoINSTITUTE FOR CURRICULUM SERVICES | San Fransico, CA | $10K | 2023 |
| New Israel FundCENTER FOR EDUCATIONAL INNOVATION | New York, NY | $10K | 2023 |
| Jewish Agency For IsraelGENERAL OPERATING | New York, NY | $8K | 2023 |
| Alzheimer'S AssociationWALK SPONSOR | Minneapolis, MN | $7K | 2023 |
| Hillel UmnGENERAL OPERATING | Minneapolis, MN | $5K | 2023 |
| Walk-In Counseling Center MinnesotaGENERAL OPERATING | Minneapolis, MN | $5K | 2023 |
| Ica Food ShelfGENERAL OPERATING | Minnetonka, MN | $5K | 2023 |
| Vail PlaceGENERAL OPERATING | Hopkins, MN | $5K | 2023 |
| Volunteers Of America Of MinnesotaAMICUS | Minneapolis, MN | $5K | 2023 |
| American Friends Of Magen David AdomISRAEL'S EMERGENCY RESPONSE | Northbrook, IL | $5K | 2023 |
| Washburn Center For ChildrenGENERAL OPERATING | Minneapolis, MN | $5K | 2023 |
| ItrekGENERAL OPERATING | New York, NY | $5K | 2023 |
| StepGENERAL OPERATING | St Louis Park, MN | $5K | 2023 |
| National Coucil Of Jewish WomenGENERAL OPERATING/CONFERENCE SCHOLARSHIPS | Washington, DC | $5K | 2023 |
| Youth Farm And Market ProjectGENERAL OPERATING | Minneapolis, MN | $3K | 2023 |