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At the time of its creation, the Bean Foundation had assets of just under $4 million. The foundation then became active when Elizabeth died in 1967. The foundation makes grants for about $700K per year, making it the 9th highest of the top giving foundations in New Hampshire. [3]
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He served as Selectman for Moultonborough from 1811 to 1829 and from 1832 to 1838. [2] He was Justice of the Peace in 1816, [3] and trustee of Sandwich Academy in 1824. [4] A member of the New Hampshire House of Representatives from 1815 to 1823, Bean also served in the New Hampshire Senate from 1824 to 1826. [5]
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In 1851, the New Hampshire state legislature authorized the governor and council to appoint a land commissioner to sell the public lands, and James Willey of Conway was appointed to that office. Bean's Grant was made by Commissioner Willey to Charles Bean of Maine in 1855, and it contained about 3,300 acres (13 km 2). [citation needed]