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Theo B Bean Foundation Inc. is a private corporation based in ATLANTA, GA. The foundation received its IRS ruling in 1992. The principal officer is Jonathan S Bean. It holds total assets of $989K. Annual income is reported at $228K. The foundation is governed by 4 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2017 to 2023. The foundation primarily funds organizations in New York and Virginia. According to available records, Theo B Bean Foundation Inc. has made 79 grants totaling $316K, with a median grant of $3K. Annual giving has grown from $86K in 2020 to $114K in 2023. Grantmaking activity was highest in 2022 with $116K distributed across 28 grants. Individual grants have ranged from $500 to $23K, with an average award of $4K. The foundation has supported 43 unique organizations. The foundation primarily supports organizations in New York, Virginia, Georgia, which account for 39% of all grants. Grantmaking reaches organizations across 17 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$533
Median Grant
$3K
Average Grant
$4K
Largest Grant
$23K
Based on 21 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.
Theo B Bean Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 79 grants. Its grantmaking reaches organizations primarily in NY, VA, GA.
Theo B Bean Foundation Inc. has distributed a total of $316K across 79 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $500 to $23K.
Theo B Bean Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Theo B Bean Foundation Inc. is headquartered in ATLANTA, GA. While based in GA, the foundation distributes grants to organizations across 17 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jonathan S Bean | BOARD MEMBER | $0 | $0 | N/A |
| Patrick A Bean | BOARD MEMBER | $0 | $0 | N/A |
| Jeffrey B Bean | BOARD MEMBER | $0 | $0 | N/A |
| Matthew M Bean | President | $0 | $0 | N/A |
Total Giving
$139K
Total Assets
$1M
Fair Market Value
$2M
Net Worth
$1M
Grants Paid
$114K
Contributions
N/A
Net Investment Income
$32K
Distribution Amount
$102K
Total: $998K
Total Grants
79
Total Giving
$316K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
43
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| The United TheaterGENERAL PURPOSE FD | Westerly, RI | $15K | 2023 |
| Mayo ClinicGENERAL PURPOSE FD | Rochester, MN | $13K | 2023 |
| Vintage Racers For RescuesGENERAL PURPOSE FD | Alton, VA | $8K | 2023 |
| Tall TimbersGENERAL PURPOSE FD | Tallahassee, FL | $7K | 2023 |
| Nyu TischAB CLASS 2020 | Los Angeles, CA | $6K | 2023 |
| Children'S Healthcare FoundationGENERAL PURPOSE FD | Atlanta, GA | $6K | 2023 |
| Harvard CollegeCLASS OF 2017 | Cambridge, MA | $6K | 2023 |
| Ascension Day SchoolGENERAL PURPOSE FD | Lafayette, LA | $5K | 2023 |
| New England GenealogicalGENERAL PURPOSE FD | Boston, MA | $5K | 2023 |
| The Brick Presbyterian ChurchCAPITAL CAMPAIGN | Ny, NY | $5K | 2023 |
| Interlochen Center For The ArtsGENERAL PURPOSE FD | Interlochen, MI | $4K | 2023 |
| Canterberry SchoolDEVELOPMENT | New Milford, CT | $4K | 2023 |
| Unity SchoolGENERAL PURPOSE FD | Delray Beach, FL | $4K | 2023 |
| Bsa Atlanta Area CouncilGENERAL PURPOSE FD | Atlanta, GA | $3K | 2023 |
| Bonefish Tarpon TrustGENERAL PURPOSE FD | Miami, FL | $3K | 2023 |
| Smile Community Action AgencyGENERAL PURPOSE FD | Lafayette, LA | $3K | 2023 |
| The Leukemia And Lymphoma SocietyGENERAL PURPOSE FD | Atlanta, GA | $2K | 2023 |
| The Salvation ArmyGENERAL PURPOSE FD | Alexandria, VA | $2K | 2023 |
| Jefferson SocietyGENERAL PURPOSE FD | Charlottsville, VA | $2K | 2023 |
| MuiscaresGENERAL PURPPOSE FD | New York, NY | $2K | 2023 |
| Westminister SchoolsGENERAL PURPOSE FD | Atlanta, GA | $2K | 2023 |
| Carnegie Mellon UnivGENERAL PURPOSE FD | Pittsburgh, PA | $2K | 2023 |
| Bsa Flint River CouncilAB - T197 EAGLE SCOUT | Griffin, GA | $2K | 2023 |
| YmcaGENERL PURPOSE FD | Chicago, IL | $1K | 2023 |
| Monroe Carell Jr Children'S Hosp AtGENERAL PURPOSE FD | Nashville, TN | $1K | 2023 |
| The Chesapeake Bay Maritime MuseumGENERAL PURPOSE FD | St Michaels, MD | $949 | 2023 |
| The Beat MuseumGENERAL PURPOSE FD | San Francisco, CA | $686 | 2023 |
| Conservation ForceGENERAL PURPOSE FD | Metairie, LA | $500 | 2023 |
| Manhattan InstituteGENERAL PURPOSE FD | New York, NY | $500 | 2023 |
| African Wildlife FoundationGENERAL PURPOSE FD | Washington, DC | $500 | 2023 |
| Harvard College Fund - Class Of 2017HARVARD CLASS OF 2017 | New York, NY | $10K | 2022 |
| Canterbury SchoolDEVELOPMENT | New Milford, CT | $8K | 2022 |
| University Of The SouthSEWANEE FUND | Sewanee, TN | $7K | 2022 |
| Woodberry Forest SchoolCLYDE FIRMAN ROD & GUS ENDOWMENT | Woodberry Forest, VA | $5K | 2022 |
| Ascension Episcopal SchoolGENERAL PURPOSE CONTRIBUTION | Dallas, TX | $5K | 2022 |
| Md Anderson Accelerator FundGENERAL PURPOSE CONTRIBUTION | Houston, TX | $4K | 2022 |
| Boy Scouts Of America Atlanta Area CouncilGENERAL PURPOSE CONTRIBUTION | Atlanta, GA | $3K | 2022 |
| Bonefish & Tarpon TrustGENERAL PURPOSE CONTRIBUTION | Miami, FL | $3K | 2022 |