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Also known as: FOUNDATION INC
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Irvin C & Evea J Bainum Foundation Inc. is a private corporation based in GLENWOOD, AR. The foundation received its IRS ruling in 1999. The principal officer is Quality Inn Beachfront. It holds total assets of $4.3M. Annual income is reported at $713K. Total assets have grown from $3.1M in 2011 to $4.5M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2018 to 2023. The foundation primarily funds organizations in Arkansas and California. According to available records, Irvin C & Evea J Bainum Foundation Inc. has made 64 grants totaling $2.5M, with a median grant of $11K. The foundation has distributed between $290K and $1.8M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.8M distributed across 30 grants. Individual grants have ranged from $2K to $517K, with an average award of $39K. The foundation has supported 25 unique organizations. The foundation primarily supports organizations in Texas, Louisiana, Arkansas, which account for 59% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$15K
Largest Grant
$74K
Based on 20 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.
Irvin C & Evea J Bainum Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 64 grants. Its grantmaking reaches organizations primarily in TX, LA, AR.
Irvin C & Evea J Bainum Foundation Inc. has distributed a total of $2.5M across 64 grants. The median grant size is $11K, with an average of $39K. Individual grants have ranged from $2K to $517K.
The application deadline is THERE ARE NO SUBMISSION DEADLINES. For all section 501 (c) (3) organizations.
Irvin C & Evea J Bainum Foundation Inc. is headquartered in GLENWOOD, AR. While based in AR, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Tim Bainum | PRESIDENT/SEC/TREAS | $0 | $0 | N/A |
| Laura Habighorst | TREASURER | $0 | $0 | N/A |
Total Giving
$296K
Total Assets
$4.5M
Fair Market Value
$8.1M
Net Worth
$4.5M
Grants Paid
$290K
Contributions
N/A
Net Investment Income
$246K
Distribution Amount
$376K
Total Grants
64
Total Giving
$2.5M
Average Grant
$39K
Median Grant
$11K
Unique Recipients
25
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Southwestern Adventist UniversityTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Keene, TX | $67K | 2023 |
| Southern Adventist UniversityTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Collegedale, TN | $54K | 2023 |
| Ozark Adventist AcademyTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Gentry, AR | $47K | 2023 |
| Pike County Library AssocTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Glenwood, AR | $15K | 2023 |
| Union CollegeTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Schenectady, NY | $15K | 2023 |
| Orangewood AcademyTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Garden Grove, CA | $13K | 2023 |
| Spectrum MagazineTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Roseville, CA | $12K | 2023 |
| Bonnerdale Sda Church SchoolTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Bonnerdale, AR | $11K | 2023 |
| Special Pals Of The ShelterTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Glenwood, AR | $11K | 2023 |
| Maranatha Volunteers InternationalTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Roseville, CA | $10K | 2023 |
| His Will IncTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Norman, AR | $8K | 2023 |
| Chisholm Trail AcademyTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Keene, TX | $7K | 2023 |
| Henderson State UniversityTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Arkadelphia, AR | $5K | 2023 |
| Purdue UniversityTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | West Lafayette, IN | $5K | 2023 |
| Misc Less Than 1500 EachTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Glenwood, AR | $3K | 2023 |
| Hot Springs Adventist SchoolTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Hot Sprigns, AR | $3K | 2023 |
| Adventist GivingTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Moneta, VA | $3K | 2023 |
| Garland County Humane SocietyTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Lonsdale, AR | $2K | 2023 |
| Arkansas Louisiana Conference Of SdaTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Shreveport, LA | $172K | 2022 |
| Burleson AdventistTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Burleson, TX | $3K | 2022 |
| Harbert Hills AcademyTO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | Savannah, TN | $2K | 2022 |