The James Beard Foundation Inc is located in New York, NY. The organization was established in 1986. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. As of 03/2023, James Beard Foundation Inc employed 55 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. James Beard 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 03/2021, James Beard Foundation Inc generated $14.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $13.3m during the year ending 03/2021. While expenses have increased by 2.6% per year over the past 7 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 2019, James Beard Foundation Inc has awarded 36 individual grants totaling $1,522,603. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE JAMES BEARD FOUNDATION IS A NONPROFIT ORGANIZATION WHOSE MISSION IS TO CELEBRATE, SUPPORT, AND ELEVATE THE PEOPLE BEHIND AMERICA'S FOOD CULTURE AND CHAMPION A STANDARD OF GOOD FOOD ANCHORED IN TALENT, EQUITY, AND SUSTAINABILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JAMES BEARD FOUNDATION AWARDS THE MISSION OF THE JAMES BEARD AWARDS IS TO RECOGNIZE EXCEPTIONAL TALENT AND ACHIEVEMENT IN THE CULINARY ARTS, HOSPITALITY, MEDIA AND THE BROADER FOOD SYSTEM, AS WELL AS DEMONSTRATED COMMITMENT TO RACIAL AND GENDER EQUITY, COMMUNITY, SUSTAINABILITY AND A CULTURE WHERE ALL CAN THRIVE. THESE ANNUAL AWARDS ARE HIGH HONORS FOR FOOD AND BEVERAGE PROFESSIONALS WORKING IN THE US. AWARDS CATEGORIES INCLUDE COOKBOOKS, RESTAURANT AND CHEFS, BROADCAST MEDIA AND JOURNALISM. NOMINEES AND AWARD WINNERS ARE SELECTED BY THEIR INDUSTRY PEERS (FULLY INDEPENDENT OF JAMES BEARD FOUNDATION STAFF OR TRUSTEES) WITH MORE THAN 600 CULINARY PROFESSIONALS INVOLVED IN THE VOTING PROCESS. HELD IN CHICAGO IN JUNE, THE 2023 AWARDS WERE A CELEBRATION OF GOOD FOOD AND GOOD INDUSTRY PRACTICES, WITH A LENS TO OUR CODE OF ETHICS.
WOMEN'S LEADERSHIP PROGRAMSTHE JAMES BEARD FOUNDATION'S WOMEN'S LEADERSHIP PROGRAMS (WLP) AIM TO CHAMPION GENDER AND RACIAL EQUITY BY SUPPORTING WOMEN THROUGHOUT THE LIFECYCLE OF THEIR CAREERS. WE LOOK TO ADDRESS THE ROOT CAUSES AND CHALLENGES WOMEN FACE IN THEIR PROFESSIONAL ADVANCEMENT. WE DO SO IN PARTNERSHIP AND IN COLLABORATION WITH OTHER WOMEN LED ORGANIZATIONS. WE ARE COMMITTED TO PROVIDING THE TOOLS, RESOURCES, AND NETWORKS TO THE COMMUNITY TO ENSURE THAT THERE ARE MORE WOMEN OWNED BUSINESSES AND MORE WOMEN IN LEADERSHIP ACROSS THE INDUSTRY. WE DO SO THROUGH PROGRAMMING WITHIN THE PILLARS OF FINANCE, COMMUNITY AND NETWORK, EDUCATION AND TRAINING, AND WELLNESS AT WORK.THE WOMEN'S ENTREPRENEURIAL LEADERSHIP (WEL) FLAGSHIP PROGRAM IS AN ADVANCED EDUCATIONAL, TRAINING, AND NETWORKING PROGRAM FOR BUSINESS OWNERS IN ALL AREAS OF THE HOSPITALITY INDUSTRY. THE 10 WEEK PROGRAM, CREATED IN CONJUNCTION WITH CORNELL UNIVERSITY, INCLUDES SESSIONS ON LEADERSHIP, NEGOTIATING, STRATEGY, BUSINESS AND FINANCIAL MODELS, FUNDING YOUR BUSINESSES, MEASURING SUCCESS, AND MORE. IN ADDITION TO LIVE VIRTUAL SESSIONS LED BY CORNELL FACULTY FROM ACROSS THE UNIVERSITY, INDUSTRY PROFESSIONALS, AND OTHER SUBJECT MATTER EXPERTS, WEL PARTICIPANTS ALSO SELECT AN ELECTIVE FROM CORNELL'S EXTERNAL EDUCATION PROGRAM.
TASTE AMERICA PROGRAM THE JAMES BEARD FOUNDATION'S 11TH ANNUAL TASTE AMERICA CULINARY SERIES, PRESENTED BY OUR SPONSOR CAPITAL ONE, BRINGS TOGETHER CHEFS, SPECIAL GUESTS AND DINERS FROM ACROSS THE COUNTRY TO CELEBRATE THE LOCAL INDEPENDENT RESTAURANTS AT THE HEART OF OUR COMMUNITIES. IN THIS ITERATION, SOME OF THE NATION'S FINEST CHEFS AND CHANGEMAKERS WILL COME TOGETHER IN 20 CITIES ACROSS THE US TO REPRESENT A SHARED MISSION OF "GOOD FOOD FOR GOOD". THIS COHORT OF CHEFS, WHICH CHANGES EACH YEAR, IS KNOWN AS THE TASTE TWENTY.THE TASTE TWENTY WILL COLLOBORATE THROUGHOUT THE YEAR AT CHEF DINNERS AND WALK-AROUND TASTING EVENTS, SPOTLIGHTING THE BREADTH AND UNITY OF CULINARY CREATIVITY ACROSS THE NATION. EACH MARKET WITH ITS FEATURED CHEFS WILL SHOWCASE THE CENTRALITY OF AMERICA FOOD CULTURE AND CELEBRATE DIVERSE COMMUNITIES, LEADING THE WAY TO A FUTURE CULINARY INDUSTRY WHERE ALL CAN THRIVE.
ADVOCACY & SUSTAINABILTIY PROGRAMSTHE JAMES BEARD FOUNDATION'S CHEF BOOTCAMP FOR POLICY AND CHANGE WAS CREATED IN 2012 AND IS THE FOUNDATION OF OUR ONGOING INDUSTRY ADVOCAY PROGRAMS. SINCE MARCH 2020, MANY BOOTCAMP ALUMNI HAVE PUT THEIR ADVOCAY TRAINING TO WORK ALONG WITH OTHER INDUSTRY LEADERS TO URGE POLICYMAKERS TO PROVIDE FUNDING AND CREATE POLICIES TO KEEP RESTAURANTS OPEN. CHEF ADVOCAY IS AN IMPORTANT ARM OF THE JAMES BEARD FOUNDATION. THE VOICES OF THE COMMUNITY ARE MORE IMPORTANT AND POWERFUL THAN EVER. WE ARE TAKING INTO CONSIDERATION THE EVER-GREATER IMPACT OF CLIMATE CHANGE ON LIVING CONDITIONS AND FOOD FOOD PRODUCTION WORLDWIDE, SUPPLY CHAIN STRAINS THAT HAVE BEEN FURTHER STRESSED BY A GLOBAL PANDEMIC, AND THE NEED FOR THE CULINARY INDUSTRY TO CREATE A MORE EQUITABLE, ACCESSIBLE, TRANSPARENT, AND SUSTAINABLE WORK CULTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Clare Reichenbach Chief Executive Officer | OfficerTrustee | 40 | $402,788 |
Michiel Bakker Trustee | Trustee | 1 | $0 |
Elizabeth Faulkner Trustee | Trustee | 0.5 | $0 |
Nancy Lukitsh Board Chair | OfficerTrustee | 1 | $0 |
Christian Brown Trustee | Trustee | 1 | $0 |
Jeff Cherry Trustee | Trustee | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Bowen & Companyllc Awards & Taste America Event Planner | 3/30/23 | $750,500 |
Intersport Sponsor Relations / Commissions & Video | 3/30/23 | $2,551,167 |
Community Counselling Service Co Llc Consultant/ Development/fundraising | 3/30/23 | $318,400 |
Simplissimus Branding / Graphic Designer | 3/30/23 | $352,500 |
Wagstaff Media & Marketing Public Relations Services | 3/30/23 | $267,500 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $5,601,443 |
Investment income | $25,952 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $146,918 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,380,347 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $119,412 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,349,029 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,504,236 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $639,814 |
Payroll taxes | $248,106 |
Fees for services: Management | $0 |
Fees for services: Legal | $55,460 |
Fees for services: Accounting | $81,510 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $4,768,882 |
Advertising and promotion | $80,709 |
Office expenses | $237,098 |
Information technology | $167,633 |
Royalties | $0 |
Occupancy | $343,904 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $184,832 |
Interest | $50,486 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $273,903 |
Insurance | $113,259 |
All other expenses | $0 |
Total functional expenses | $13,340,797 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $182,940 |
Savings and temporary cash investments | $5,442,958 |
Pledges and grants receivable | $678,245 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $111,157 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $10,000 |
Other assets | $261,994 |
Total assets | $8,505,209 |
Accounts payable and accrued expenses | $1,331,997 |
Grants payable | $0 |
Deferred revenue | $804,620 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $1,275,770 |
Unsecured mortgages and notes payable | $895,000 |
Other liabilities | $0 |
Total liabilities | $4,307,387 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Total liabilities and net assets/fund balances | $4,197,822 |
Over the last fiscal year, The James Beard Foundation Inc has awarded $370,000 in support to 26 organizations.
Grant Recipient | Amount |
---|---|
BEDSTUY KITCHEN PURPOSE: PAYROLL AND OPERATING COSTS | $15,000 |
CREDENTIALS SOCIAL CLUB LLC PURPOSE: OPERATIONS AND PAYROLL | $15,000 |
WINE EMPOWERED PURPOSE: PROVIDE TUITION FREE WINE CLASSES TO WOMEN AND MINORITIES IN HOSPITALITY INDUSTRY | $5,000 |
BG ANDERSON LLC PURPOSE: PAYROLL AND OPERATING EXPENSES | $15,000 |
EMOJIS GRILLED CHEESE PURPOSE: PAYROLL AND YOUTH TRAINING PROGRAM | $15,000 |
FISHSCALE INC PURPOSE: OPERATIONS | $15,000 |