Nonprofit · EIN 30-6661295
BEARD SCHOLARSHIP FUND
Tax-exempt · PENNINGTON, NJ 08534
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990-PF | $3,909,870 | $3,486,875 | $422,995 | $58,252,487 | $0 | $58,252,487 |
| September 30, 2024 | 990-PF | $3,614,644 | $3,230,375 | $384,269 | $57,875,352 | $0 | $57,875,352 |
| September 30, 2023 | 990-PF | $3,273,533 | $2,947,605 | $325,928 | $57,406,808 | $0 | $57,406,808 |
Financial details: 990-PF for the year ended September 30, 2025
Revenue
- Dividends
- $1,722,876
- Net gain from sales of assets
- $2,185,867
- Other income
- $1,127
Expenses
- Grants and similar amounts paid
- $2,770,188
- Compensation of officers, directors and key employees
- $601,045
- Disbursements for charitable purposes
- $3,010,606
- Excise tax on investment income
- $48,327
Balance sheet and other
- Total assets, start of year
- $57,875,352
- Total assets, end of year
- $58,252,487
- Total liabilities, end of year
- $0
- Net assets, end of year
- $58,252,487
- Fair market value of assets
- $71,910,683
- Qualifying distributions
- $3,010,606
- Net investment income
- $3,901,168
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A PO BOX 1532, PENNINGTON, NJ 08534 | TRUSTEE | 2 | $601,045 |
990-PF for the year ended September 30, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A PO BOX 1532, PENNINGTON, NJ 08534 | TRUSTEE | 2 | $557,772 |
990-PF for the year ended September 30, 2023: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BANK OF AMERICA N A PO BOX 1532, PENNINGTON, NJ 08534 | TRUSTEE | 2 | $508,809 |
Address and contacts
- Address (IRS master file)
- PO BOX 1532, PENNINGTON, NJ 08534-0691
- In care of
- % BANK OF AMERICA TTEE
- Signed the 990-PF
- BANK OF AMERICA N A, MANAGING DIR
- Phone
- (888) 866-3275
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990-PF on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990-PF on file |
IRS record
- EIN
- 30-6661295
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2021
- Accounting year ends
- September
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $58,252,487
- Income (IRS master file)
- $32,881,742
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | September 2025 | $3,909,870 | $3,486,875 | $58,252,487 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990-PF | September 2024 | $3,614,644 | $3,230,375 | $57,875,352 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990-PF | September 2023 | $3,273,533 | $2,947,605 | $57,406,808 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990-PF | September 2022 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 30-6661295).
Questions about BEARD SCHOLARSHIP FUND
- What is the EIN of BEARD SCHOLARSHIP FUND?
- The employer identification number (EIN) of BEARD SCHOLARSHIP FUND is 30-6661295.
- Is BEARD SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to BEARD SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does BEARD SCHOLARSHIP FUND file?
- Form 990-PF. Private foundations file every year.
- When is the next return of BEARD SCHOLARSHIP FUND due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did BEARD SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended September 2025.
- Who are the officers and directors of BEARD SCHOLARSHIP FUND?
- The 990-PF for the year ended September 30, 2025 lists 1 person; 1 received compensation from the organization, the highest $601,045 (BANK OF AMERICA N A, TRUSTEE).
- How much revenue does BEARD SCHOLARSHIP FUND have?
- On its 990-PF for the year ended September 30, 2025 it reported revenue of $3,909,870, expenses of $3,486,875 and total assets of $58,252,487 at year end.
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