Beard Scholarship Fund | Foundation Profile

GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Beard Scholarship Fund. Data shown is extracted from Form 990-PF filings.

EIN: 30-6661295

Foundation Overview

Based in Pennington, NJ, Beard Scholarship Fund has awarded 36 grants totaling $20,140,410 to organizations in Illinois and Texas. Individual grants range from $179,793 to $1,108,075, with a median award of $498,095.5.

Latest Tax Year
2024
Total Giving (all years)
$20,140,410
Total Assets
$71,910,683
Median Grant (all grants)
$498,095.5

Latest Form 990-PF Snapshot

Total Grants
4
Median Grant
$692,547
% Median Grant Growth
+10% (vs previous year)
Data extracted from IRS Form 990-PF filings. Last filing year: May 2026

Foundation Intelligence

Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies

New Applicant Friendliness
Relationship-Focused: 25%

1 of 4 recipients (25%) were new grantees. Foundation strongly favors organizations with proven track records. New partnerships develop slowly over time.

Geographic Focus
Illinois

75% of all grants are concentrated in Illinois, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Illinois, funding concentrates in Peoria (67%), Evanston (33%).

Funding Trajectory
+54%

Strong 54% growth in annual giving over 4 years indicates expanding philanthropic capacity and increasing opportunities for grant seekers. This upward trajectory suggests growing foundation resources and commitment.

Program Areas
Education + General Purposes

Dual focus on education (50%) and general purposes, indicating strategic concentration in complementary program areas.

Where is The Money Going?

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Grants & Funding

Analyzing past grantees provides valuable insights into Beard Scholarship Fund's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.

Name Amount Location Purpose Year
Northwestern University $1,108,075 Evanston, IL, US Unrestricted General 2024
Bradley University $1,108,075 Peoria, IL, US Unrestricted General 2024
Peoria High School Alumni Association $277,019 Peoria, IL, US Unrestricted General 2024
Texas Lutheran University $277,019 Seguin, TX, US Unrestricted General 2024
Northwestern University $1,010,597 Evanston, IL, US General Operating 2023
Peoria Hs Alumni Association $252,649 Peoria, IL, US General Operating 2023
Bradley University $1,010,597 Peoria, IL, US General Operating 2023
Texas Lutheran University $252,649 Seguin, TX, US General Operating 2023
Northwestern University $1,010,597 Evanston, IL, US General Operating 2023
Peoria Hs Alumni Association $252,649 Peoria, IL, US General Operating 2023
Bradley University $1,010,597 Peoria, IL, US General Operating 2023
Texas Lutheran University $252,649 Seguin, TX, US General Operating 2023
Northwestern University $933,862 Evanston, IL, US General Operating 2022
Peoria Hs Alumni Association $233,465 Peoria, IL, US General Operating 2022
Bradley University $933,862 Peoria, IL, US General Operating 2022
Texas Lutheran University $233,465 Seguin, TX, US General Operating 2022
Northwestern University $933,862 Evanston, IL, US General Operating 2022
Peoria Hs Alumni Association $233,465 Peoria, IL, US General Operating 2022
Bradley University $933,862 Peoria, IL, US General Operating 2022
Texas Lutheran University $233,465 Seguin, TX, US General Operating 2022
Northwestern University $780,000 Evanston, IL, US Scholarship 2021
Peoria Hs Alumni Association $195,000 Peoria, IL, US Scholarship 2021
Bradley University $780,000 Peoria, IL, US Scholarship 2021
Texas Lutheran University $195,000 Seguin, TX, US Scholarship 2021
Northwestern University $780,000 Evanston, IL, US Scholarship 2021
Peoria Hs Alumni Association $195,000 Peoria, IL, US Scholarship 2021
Bradley University $780,000 Peoria, IL, US Scholarship 2021
Texas Lutheran University $195,000 Seguin, TX, US Scholarship 2021
Northwestern University $780,000 Evanston, IL, US Scholarship 2021
Peoria Hs Alumni Association $195,000 Peoria, IL, US Scholarship 2021
Bradley University $780,000 Peoria, IL, US Scholarship 2021
Texas Lutheran University $195,000 Seguin, TX, US Scholarship 2021
Northwestern University $719,172 Evanston, IL, US Scholarship 2020
Peoria Hs Alumni Association $179,793 Peoria, IL, US Scholarship 2020
Bradley University $719,172 Peoria, IL, US Scholarship 2020
Texas Lutheran University $179,793 Seguin, TX, US Scholarship 2020

Foundations Similar to Beard Scholarship Fund

Discover 5 foundations with comparable assets ($30,477,562-$72,060,982), similar grant patterns, and geographic focus in NJ that may also align with your organization's funding needs and grant seeking strategy.

Foundation Name Total Assets Typical Grant Size Service Area Similarity Match

EIN: 22-3093807 | 132 grants awarded
$60,321,263
(≈ Similar)
$281,891
median grant
Secaucus, NJ
Same state
94%
Excellent match

EIN: 27-6027572 | 40 grants awarded
$39,149,298
(↓ Smaller)
$352,727.5
median grant
Pennington, NJ
Same state
79%
Good match

EIN: 13-1962255 | 12 grants awarded
$30,477,562
(↓ Smaller)
$923,659
median grant
Fairfield, NJ
Same state
73%
Good match

EIN: 13-6149578 | 35 grants awarded
$72,060,982
(≈ Similar)
$712,200
median grant
New York, NY
72%
Good match

EIN: 26-1634531 | 20 grants awarded
$71,673,323
(≈ Similar)
$375,000
median grant
Little Rock, AR
72%
Good match

Contact Information

Official contact details for Beard Scholarship Fund as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.

EIN 30-6661295
Website N/A
Address PO BOX 1532 Pennington, NJ 08534-0691

Key People (1)

Board members, trustees, and key staff who oversee Beard Scholarship Fund's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.

Trustee Bank Of America N A

Forms 990-PF

IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.

Form 990-PF Research Tips
  • Review Part XV for detailed grant recipient information and funding purposes
  • Check Part I for total assets, annual giving amounts, and payout requirements
  • Examine Part VIII for key personnel compensation and board structure
  • Look for trends across multiple years to understand giving patterns

About This Foundation Profile

This comprehensive foundation profile for Beard Scholarship Fund is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.

Data Sources & Accuracy

All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.

Research Applications

Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.

Data Currency: Last updated May 2026 based on IRS Form 990-PF filings. Foundation information reflects most recent available tax year data.