Well Told Grants

Foundations / Maryland

Memorial Fund of Phi Beta Epsilon

Preselected recipients only Easton, Maryland · EIN 016013997

Memorial Fund of Phi Beta Epsilon is a private foundation in Easton, Maryland. In tax year 2025 it gave $18,500 in 2 grants; the typical grant was $9,250 and the largest $15,250. It only gives to organizations it selects itself and does not accept unsolicited applications.

From its IRS Form 990-PF for tax year 2025.

Giving in 2025 was up from $17,591 the year before.

0% of its 2025 grantees had not received a grant from it the year before, so most of its money goes to organizations it already funds.

Giving by year

Tax yearGrants paidNumber of grantsAssets
2023$15,7352$357,818
2024$17,5914$379,690
2025$18,5002$470,619

How to apply

Memorial Fund of Phi Beta Epsilon says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.

IRS filings on ProPublica

What Memorial Fund of Phi Beta Epsilon funds

Where it gives

Its grants went to recipients in 2 states, the most to Massachusetts.

StateGrantsAmount
Massachusetts1$15,250
Texas1$3,250

Grants paid in 2025

All 2 grants
RecipientPurposeAmount
Massachusetts Inst of Technology
Cambridge, MA
Higher education institution reserch funds scholarships$15,250
American Heart Association
Dallas, TX
Organization for fighting heart disease and stroke$3,250

Officers and trustees

As listed in Part VIII of the 2025 filing.

Questions people ask

Does Memorial Fund of Phi Beta Epsilon accept grant applications?

No. Its IRS filing says it only makes contributions to preselected organizations.

How much does Memorial Fund of Phi Beta Epsilon give?

$18,500 in tax year 2025, across 2 grants, with a typical grant of $9,250.

Who runs Memorial Fund of Phi Beta Epsilon?

Its 2025 filing lists Robert J Steininger II (Chairman Emeritus), Mark Beasman (Treasurer), Joseph Kubit (Chairman) and Edward Moore (Trustee) among 6 officers and trustees.

What does Memorial Fund of Phi Beta Epsilon fund?

Based on its grants, mainly education, science and research and health.

Similar foundations in Maryland