The New Jersey State Capitol

Form 990-PFTax year 2024EIN 30-6661295

Beard Scholarship Fund

A private foundation in Pennington, NJ. Its return for tax year 2024 lists 4 grants and $2.8 million paid in grants.

Tax year 2024 (period ending Sep 30, 2025), read from the IRS e-file on Nov 11, 2026. Returns reach the IRS 5 to 18 months after the year they describe.

How to apply

Preselected only

The return checks the box saying the foundation gives only to preselected organizations and does not accept unsolicited requests.

Assets and giving by year

5 returns on file
Grants paid by tax year. The latest year is in blue.
  • Tax year 2024

    $2,770,188

    Grants listed
    4
    Assets, end of year
    $58,252,487
  • Tax year 2023

    $2,526,492

    Grants listed
    4
    Assets, end of year
    $57,875,352
  • Tax year 2022

    $2,334,654

    Grants listed
    4
    Assets, end of year
    $57,406,808
  • Tax year 2021

    $1,950,000

    Grants listed
    4
    Assets, end of year
    $57,113,341
  • Tax year 2020

    $1,797,930

    Grants listed
    4
    Assets, end of year
    $46,679,775

Grants paid in 2024

4 grants, largest first

As listed on the return.

  1. Northwestern UniversityEvanston, IL

    Unrestricted general

    $1,108,075
  2. Bradley UniversityPeoria, IL

    Unrestricted general

    $1,108,075
  3. Peoria High School Alumni AssociationPeoria, IL

    Unrestricted general

    $277,019
  4. Texas Lutheran UniversitySeguin, TX

    Unrestricted general

    $277,019

Where the money goes

By cause: grants to organizations we matched to the IRS list of exempt organizations, by their category.

  1. Education1 grant $1,108,07550% of the total
  2. Sports and recreation1 grant $1,108,07550% of the total

By State

Grants to organizations with a US address, latest year.

  1. Illinois3 grants $2,493,169
  2. Texas1 grant $277,019

Officers, directors and trustees

1 person as filed

As filed on the return, with average hours per week and pay from the foundation.

  • Bank of America N ATRUSTEE Hours 2Pay $601,045

The return

More foundations

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  3. Tom and Meg Names Family FDNPennington, NJ 22 grants Accepts applications $5,135,795 giving
  4. Holmes Family Foundation IncPennington, NJ 17 grants Preselected only $1,365,000 giving
  5. Fourevergreen Foundation IncPennington, NJ 16 grants Accepts applications $1,352,594 giving