Beacon Light Foundation Inc

Organization Overview

Beacon Light Foundation Inc is located in Peconic, NY. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beacon Light Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2022, Beacon Light Foundation Inc generated $90.6k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $130.4k during the year ending 12/2022. While expenses have increased by 2.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Beacon Light Foundation Inc has awarded 567 individual grants totaling $1,047,821. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE PURPOSE OF THE PRIVATE FOUNDATION IS TO RECEIVE CONTRIBUTIONS AND TO USE THESE FUNDS ALONG WITH THE FOUNDATIONS' ASSETS, EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, RELIGIOUS & SCIENTIFIC PURPOSES.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $2,278
Dividends & Interest $42,452
Net Rental Income$0
Net Gain on Sale of Assets $45,861
Capital Gain Net Income $1,317
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $90,591

Grants Awarded

Over the last fiscal year, Beacon Light Foundation Inc has awarded $118,013 in support to 44 organizations.

Grant RecipientAmount

AMERICAN LEGION - POST 803

PURPOSE: CONTRIBUTION

$1,360

ALZHEIMERS'S ASSOCIATION

PURPOSE: CONTRIBUTION

$1,000

BBC FOUNDATION

PURPOSE: CONTRIBUTION

$10,000

CAST

PURPOSE: CONTRIBUTION

$4,417

CAF AMERICA

PURPOSE: CONTRIBUTION

$6,857

CANINE COMPANIONS FOR INDEPENDENCE

PURPOSE: CONTRIBUTION

$500
View Grant Profile

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