Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation
- Assets
- $22.0m
- Revenue
- $2.6m
- Investments
- $21.2m
- Employees
- 0
- Location
- Easton, PA
- Founding
- 12/1989
- Data as of
- 12/2023
- EIN
- 13-3544702
Organization Overview
Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation is located in Easton, PA. The organization was established in 1989. 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. Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation 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 12/2023, Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation generated $2.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $1.3m during the year ending 12/2023. While expenses have increased by 9.3% per year over the past 5 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 2020, Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation has awarded 585 individual grants totaling $4,204,330. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Francesca Murray Gerhardt Co-President | 0 | $0 | |
Lydia D'arenberg Co-President | 0 | $0 | |
Muffie B Murray Vice President | 0 | $0 | |
Mark Van DE Voorde Secretary | 0 | $0 | |
Pierre D'arenberg Vice President | 0 | $0 | |
Frederick Hb Murray Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $611,580 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,975 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,605,605 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,941 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $39,730 |
| Contributions, gifts, grants paid | $1,297,775 |
| Total expenses and disbursements | $1,337,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8 |
| Savings and temporary cash investments | $855,019 |
| 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 | $18,224,858 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,006,963 |
| 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, Frederick H Bedford Jr And Margaret S Bedford Charitable Foundation has awarded $1,297,775 in support to 97 organizations.
| Grant Recipient | Amount |
|---|---|
ALBURTIS VOLUNTEER FIRE DEPT PURPOSE: PROGRAM SUPPORT | $5,000 |
ALLENTOWN ART GALA PURPOSE: PROGRAM SUPPORT | $10,000 |
ALLENTOWN ART MUSEUM PURPOSE: PROGRAM SUPPORT | $12,500 |
ALLENTOWN RESCUE MISSION PURPOSE: PROGRAM SUPPORT | $300 |
ALZHEIMER'S FOUNDATION OF AMERICA PURPOSE: PROGRAM SUPPORT | $10,000 |
AMERICAN FRIENDS MUSEE' DORSAY CO PJSC LP PURPOSE: PROGRAM SUPPORT | $5,000 |