Bedell World Citizenship Fund
- Assets
- $27.8k
- Revenue
- $1.5k
- Investments
- $18.3k
- Employees
- 0
- Location
- Spirit Lake, IA
- Founding
- 05/2005
- Data as of
- 12/2022
- EIN
- 20-0418324
Organization Overview
Bedell World Citizenship Fund is located in Spirit Lake, IA. The organization was established in 2005. 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. Bedell World Citizenship Fund 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, Bedell World Citizenship Fund generated $1.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $9.7k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bedell World Citizenship Fund has awarded 36 individual grants totaling $169,958. 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 |
|---|---|---|---|
Thomas W Bedell President | 1 | $0 | |
Molly Bedell Secretary | 1 | $0 | |
Thomas L Heneke Treasurer | 1 | $0 | |
Sami Bedell-Mulhern Director | 1 | $0 | |
Jesse Bedell Director | 1 | $0 | |
Berkley S Bedell Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $612 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $839 |
| Capital Gain Net Income | $839 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,451 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $100 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,988 |
| Contributions, gifts, grants paid | $7,750 |
| Total expenses and disbursements | $9,738 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,495 |
| 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 | $27,798 |
| 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, Bedell World Citizenship Fund has awarded $7,750 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
HISTORIC ARNOLDS PARK INC PURPOSE: GENERAL OPERATING BUDGET | $1,000 |
IOWA LAKES CORRIDOR DEVELOPMENT CORP PURPOSE: IOWA LAKES CORRIDOR INITIATIVE | $3,000 |
IOWA LAKES INITIATIVE PURPOSE: OKOBOJI ENTREPRENEURIAL INSTITUTE | $1,000 |
OKOBOJI FOUNDATION PURPOSE: OPERATIONS & PROJECTS FUND | $2,750 |