Private Foundation · MD
Herbert Bearman Foundation Inc
Brooklandvl, MD · EIN 311602562 · Website ↗ · 990s on ProPublica ↗
Assets
$33.6M
Total Giving
$7.1M
Grants on File
340
Average Grant
$21K
Giving Radius
Where Herbert Bearman Foundation Inc Has Given
Section I
How to Apply
The formal granting process is biannual in the spring and fall. To be considered, a letter of inquiry must be received by the submission deadlines for both the spring and fall cycles. Proposals that are accepted for further review must have the complete application submitted by the spring and fall submission deadlines. Small discretionary grants may be considered throughout the year.
On Unsolicited Proposals yes
Restrictions
The Foundation seeks to fund programs in greater Baltimore, Maryland, Palm Beach County, Florida, and Israel. Other geographic areas may be considered under exceptional circumstances. The Foundation prefers funding specific projects; however, grants for general operating support and new initiatives may be considered if short-term needs can be demonstrated.
Section IV
Recent Grants
| Recipient | Amount | Year |
|---|---|---|
| Pikesville, MD | $55K | 2020 |
| Baltimore, MD | $5K | 2020 |
| Beverly Hills, CA | $35K | 2020 |
| Lake Worth, FL | $1K | 2020 |
| Palm Beach Gardens, FL | $6K | 2020 |
| West Palm Beach, FL | $2K | 2020 |
| Silver Spring, MD | $10K | 2020 |
| Teaneck, NJ | $20K | 2020 |
| Baltimore, MD | $15K | 2020 |
| Bltimore, MD | $10K | 2020 |
| Wilmington, DE | $10K | 2020 |
| New Rochelle, NY | $10K | 2020 |
| New York, NY | $25K | 2020 |
| Baltimore, MD | $10K | 2020 |
| Baltimore, MD | $10K | 2020 |
| Lantana, FL | $10K | 2020 |
| West Palm Beach, FL | $25K | 2020 |
| Rydal, PA | $10K | 2020 |
| New York, NY | $25K | 2020 |
| Washington, DC | $25K | 2020 |
| West Palm Beach, FL | $2K | 2020 |
| Baltimore, MD | $1K | 2020 |
| Baltimore, MD | $5K | 2020 |
| Boca Raton, FL | $20K | 2020 |
| Baltimore, MD | $30K | 2020 |
Page 1 of 14 · 340 total
Section V
Board of Directors
- SHELDON BEARMAN PRESIDENT & TREASURER
- ARLENE BEARMAN VICE PRESIDENT & SECRETARY
- MARK BEARMAN CHIEF OPERATING OFFICER
- SHELDON BEARMAN PRESIDENT & TREASURER
- ARLENE BEARMAN VICE PRESIDENT & SECRETARY
- MARK BEARMAN CHIEF OPERATING OFFICER
- SHELDON BEARMAN PRESIDENT & TREASURER
- ARLENE BEARMAN VICE PRESIDENT & SECRETARY
- MARK BEARMAN CHIEF OPERATING OFFICER
- SHELDON BEARMAN PRESIDENT & TREASURER
- ARLENE BEARMAN VICE PRESIDENT & SECRETARY
- MARK BEARMAN CHIEF OPERATING OFFICER
Section VI
Filing History
Year-by-year financial summary from IRS 990-PF filings. Total assets and qualifying distributions show the foundation's growth and giving trajectory.
| Year | Total Assets | Qualifying Distributions | Total Revenue | Total Expenses |
|---|---|---|---|---|
| 2023 | $32.2M | $2.1M | $897K | $2.5M |
| 2022 | $33.7M | $2.1M | $614K | $2.3M |
| 2021 | $35.3M | $2.2M | $3.6M | $2.3M |
| 2020 | $34.1M | $1.9M | $1.3M | $2.2M |
| 2019 | $34.7M | $2.0M | $2.0M | $2.2M |
| 2015 | $33.7M | $1.8M | $2.7M | $2.2M |
| 2014 | $33.0M | $1.9M | $2.2M | $1.8M |
| 2013 | $32.7M | $1.8M | $2.1M | $2.1M |
| 2012 | $32.5M | $1.6M | $2.5M | $1.6M |
| 2011 | $32.4M | $1.7M | $1.7M | $1.9M |
Section VII
Foundations Like This One
Similar in focus area, location, and asset size. Worth researching as part of the same campaign.