Skip to main content

Nonprofit · EIN 45-5092245

BEAL FAMILY FOUNDATION

Tax-exempt · NEW YORK, NY 10001

Financials

$1.3M$1.2M2023$6.1M$6.1M2024
Revenue Expenses · by fiscal year end
Financials of BEAL FAMILY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$6,103,733$6,093,166$10,567$40,867$0$40,867
December 31, 2023990-PF$1,251,014$1,225,025$25,989$30,300$0$30,300
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$6,125,483
Dividends
$83
Interest
$18,489
Net gain from sales of assets
-$40,322

Expenses

Grants and similar amounts paid
$6,093,000
Compensation of officers, directors and key employees
$0
Disbursements for charitable purposes
$6,093,166
Excise tax on investment income
$33,021

Balance sheet and other

Total assets, start of year
$30,300
Total assets, end of year
$40,867
Total liabilities, end of year
$0
Net assets, end of year
$40,867
Fair market value of assets
$40,867
Qualifying distributions
$6,093,166
Net investment income
$2,375,642

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BRUCE A BEAL JR
C/O RELATED COMPANIES LP 30 HUDSON, YARDS 72ND FLOOR, NEW YORK, NY 10001
TRUSTEE2$0
KATHRYN BEAL
C/O RELATED COMPANIES LP 30 HUDSON, YARDS 72ND FLOOR, NEW YORK, NY 10001
TRUSTEE3$0
990-PF for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
BRUCE A BEAL JR
C/O RELATED COMPANIES LP 30 HUDSON, YARDS 72ND FLOOR, NEW YORK, NY 10001
TRUSTEE2$0
KATHRYN BEAL
C/O RELATED COMPANIES LP 30 HUDSON, YARDS 72ND FLOOR, NEW YORK, NY 10001
TRUSTEE3$0

Address and contacts

Address (IRS master file)
30 HUDSON YARDS 72ND FLOOR, NEW YORK, NY 10001-2170
In care of
% KATHRYN BEAL
Signed the 990-PF
BRUCE A BEAL JR, TRUSTEE
Phone
(212) 801-3467
Return prepared by
EAG NEW ENGLAND LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
45-5092245
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
2012
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$40,867
Income (IRS master file)
$9,479,216

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$6,103,733$6,093,166$40,867IRS
990-PFDecember 2023$1,251,014$1,225,025$30,300XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––IRS
990-PFDecember 2017–––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 45-5092245).

Questions about BEAL FAMILY FOUNDATION

What is the EIN of BEAL FAMILY FOUNDATION?
The employer identification number (EIN) of BEAL FAMILY FOUNDATION is 45-5092245.
Is BEAL FAMILY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to BEAL FAMILY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BEAL FAMILY FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BEAL FAMILY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BEAL FAMILY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of BEAL FAMILY FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
How much revenue does BEAL FAMILY FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $6,103,733, expenses of $6,093,166 and total assets of $40,867 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York · Philanthropy, voluntarism and grantmaking foundations