James R And Linda Beers Foundation Inc
- Assets
- $1.9m
- Revenue
- $50.2k
- Investments
- $1.9m
- Employees
- 0
- Location
- Washington, DC
- Founding
- 06/2010
- Data as of
- 04/2023
- EIN
- 27-1518019
Organization Overview
James R And Linda Beers Foundation Inc is located in Washington, DC. The organization was established in 2010. 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. James R And Linda Beers 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 04/2023, James R And Linda Beers Foundation Inc generated $50.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (11.0%) each year. All expenses for the organization totaled $54.4k during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, James R And Linda Beers Foundation Inc has awarded 174 individual grants totaling $743,698. 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 |
|---|---|---|---|
James R Beers President/director | 1 | $0 | |
Linda K Beers Vp/secy/treas/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $30 |
| Dividends & Interest | $47,417 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,758 |
| Capital Gain Net Income | $2,758 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $50,205 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,471 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,970 |
| Printing and publications | $0 |
| Other expenses | $330 |
| Total operating and administrative expenses | $9,946 |
| Contributions, gifts, grants paid | $44,430 |
| Total expenses and disbursements | $54,376 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,992 |
| 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 | $1,265,498 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,859,942 |
| 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, James R And Linda Beers Foundation Inc has awarded $44,430 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
A WIDER CIRCLE PURPOSE: DONATION TO FURTHER CHARITABLE PURPOSE | $10,000 |
ELIZABETH DOLE FOUNDATION PURPOSE: DONATION TO FURTHER CHARITABLE PURPOSE | $5,000 |
FRIENDSHIP PLACE PURPOSE: DONATION TO FURTHER CHARITABLE PURPOSE | $1,000 |
HIRSHHORN MUSEUM PURPOSE: DONATION TO FURTHER CHARITABLE PURPOSE | $400 |
GEORGE WASHINGTON UNIVERSITY MUSEUM PURPOSE: DONATION TO FURTHER CHARITABLE PURPOSE | $410 |
NATIONAL GALLERY OF ART PURPOSE: DONATION TO FURTHER CHARITABLE PURPOSE | $100 |