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Norwin S. and Elizabeth N. Bean Foundation

Profile

Last Updated: 2016-07-17

At A Glance

Norwin S. and Elizabeth N. Bean Foundation

40 Stark St.

Manchester, NH United States 03101-1979

Telephone: (603) 493-7257

URL: www.beanfoundation.org

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $13,099,302

Total giving: $536,402

EIN

026013381

BRIDGE Number

0580101997

Background

Trust established in 1967 in NH; later became an affiliated trust of the New Hampshire Charitable Foundation, of which it is now independent

Purpose and Activities

Giving primarily for human services, including low-income housing programs and youth; support also for education, health associations, the arts, the environment, and the public benefit.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

Historically, the foundation has made PRIs for housing-related activities through a revolving loan fund administered by a New Hampshire philanthropic organization. PRI loans were made to a New Hampshire philanthropic organization at below market rates to provide for a variety of needs, including cash flow management, acquisition of property and equipment, and repairs or improvements to facilities, particularly when these improvements make facilities more energy efficient.

Fields of Interest

Subjects
  • Arts and culture
  • Diseases and conditions
  • Education
  • Environment
  • Health
  • Housing development
  • Human services
  • Youth services
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students
Organizations
  • Associations

Financial Data

Year ended 2014-12-31

Assets: $13,099,302 (market value)

Expenditures: $679,697

Total giving: $536,402

Qualifying distributions: $620,571