The Bean Foundation
- Assets
- $363.6k
- Revenue
- $102.2k
- Investments
- $107.8k
- Employees
- 0
- Location
- Peterborough, NH
- Founding
- Data as of
- 12/2017
- EIN
- 02-6005330
Organization Overview
The Bean Foundation is located in Peterborough, NH.
For the year ending 12/2017, Bean Foundation generated $102.2k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 31.1% each year . All expenses for the organization totaled $170.8k during the year ending 12/2017. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan E Leach Director | 1 | $0 | |
Charles H Krause Vice President, Treasurer | 1 | $0 | |
Christopher V Bean Secretary | 1 | $0 | |
Bonnie B Bennett Director | 1 | $0 | |
Delcie D Bean Director | 1 | $0 | |
Mark C Bean President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,625 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $82,546 |
| Capital Gain Net Income | $82,546 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $102,171 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,004 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,324 |
| Total operating and administrative expenses | $2,328 |
| Contributions, gifts, grants paid | $168,500 |
| Total expenses and disbursements | $170,828 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $255,723 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $363,552 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, The Bean Foundation has awarded $337,000 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST CHURCH OF JAFFREY FAIR PURPOSE: FINANCIAL ASSISTANCE | $500 |
JAFFREY BETTERMENT CORP PURPOSE: FINANCIAL ASSISTANCE | $2,000 |
THE PARK THEATRE PURPOSE: FINANCIAL ASSISTANCE | $160,000 |
THE RIVER CENTER PURPOSE: FINANCIAL ASSISTANCE | $1,000 |
PROJECT SHAKESPEARE PURPOSE: FINANCIAL ASSISTANCE | $500 |
JANET CHALKE - FINANCIAL AID PURPOSE: FINANCIAL ASSISTANCE | $500 |