Beard Scholarship Fund
Preselected recipients only
Beard Scholarship Fund is a private foundation in Pennington, New Jersey. In tax year 2024 it gave $2.8 million in 4 grants; the typical grant was $692,547 and the largest $1.1 million. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$2.8 million
- Number of grants4
- Typical grant$692,547
- Largest grant$1.1 million
- Assets$71.9 million
- New grantees0%
Giving in 2024 was up from $2.5 million the year before.
0% of its 2024 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 year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2022 | $2.3 million | 4 | $58.0 million |
| 2023 | $2.5 million | 4 | $69.4 million |
| 2024 | $2.8 million | 4 | $71.9 million |
How to apply
Beard Scholarship Fund 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.
What Beard Scholarship Fund funds
Where it gives
Its grants went to recipients in 2 states, the most to Illinois.
| State | Grants | Amount |
|---|---|---|
| Illinois | 3 | $2.5 million |
| Texas | 1 | $277,019 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Northwestern University | Unrestricted general | $1.1 million |
| Bradley University | Unrestricted general | $1.1 million |
| Peoria High School Alumni Association | Unrestricted general | $277,019 |
| Texas Lutheran University | Unrestricted general | $277,019 |
Officers and trustees
- Bank of America N A
Questions people ask
Does Beard Scholarship Fund accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does Beard Scholarship Fund give?
$2.8 million in tax year 2024, across 4 grants, with a typical grant of $692,547.
Who runs Beard Scholarship Fund?
Its 2024 filing lists Bank of America N A (Trustee).
What does Beard Scholarship Fund fund?
Based on its grants, mainly education.