Josette Beddell Memorial Foundation
- Assets
- $189.5k
- Revenue
- $320.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Canton, OH
- Founding
- 01/2011
- Data as of
- 12/2022
- EIN
- 27-2164164
Organization Overview
Josette Beddell Memorial Foundation is located in Canton, OH. The organization was established in 2011. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Josette Beddell Memorial 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 12/2022, Josette Beddell Memorial Foundation generated $320.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $289.8k during the year ending 12/2022. While expenses have increased by 12.1% per year over the past 4 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE GOAL OF THE JOSETTE BEDDELL MEMORIAL FOUNDATION IS TO HELP BETTER THE LIVES OF FAMILIES IN NORTHEAST OHIO AFFECTED BY BREAST CANCER. WE WORK TO RAISE FUNDS AND FIND FAMILIES FOR WHOM THOSE FUNDS COULD IMPACT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HARDSHIP GRANTS WHICH ARE AWARDED TO FAMILIES THAT ARE SUFFERING FROM FINANCIAL HARDSHIP DUE TO BREAST CANCER TREATMENT THAT TOTALED $216,750. GRANT SIZES ARE DETERMINED BASED ON THE FINANCIAL NEEDS AND SET BASED ON ACTUAL EXPENSES BEING INCURRED BY THE FAMILY. GRANTS RANGED FROM $500 TO $3,000. A TOTAL OF ONE HUNDRED AND SEVENTY ONE GRANTS WERE AWARDED IN 2022.
A YEARLY SCHOLARSHIP THAT IS AWARDED TO A STUDENT THAT HAS A PARENT OR GUARDIAN AFFECTED BY BREAST CANCER. EACH YEAR A NEW STUDENT IS AWARDED A 4 YEAR RENEWABLE $500 SCHOLARSHIP. EACH YEAR A TOTAL OF $2,000 IN SCHOLARSHIP MONEY IS AWARDED 1 NEW SCHOLARSHIPS AND 3 RENEWALS FROM PREVIOUS YEARS.
WELL WISHES WHICH ARE SMALL PACKAGES OF FLOWERS EDIBLE ARRANGEMENTS OR NOTES OF ENCOURAGEMENT WITH A SPA MASSAGE TREATMENT THAT ARE GIVEN TO WOMEN THAT MIGHT NOT NECESSARILY HAVE A FINANCIAL HARDSHIP FROM THEIR ILLNESS. THE WELL WISH PACKAGES RANGE IN COST FROM $50 - $150 A TOTAL OF $4,173 WELL WISHES WERE AWARDED IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Beddell President | OfficerTrustee | 15 | $0 |
David Beddell Treasurer | Officer | 1 | $0 |
Erin Thompson Board Member | Trustee | 4 | $0 |
Ashley Valentine-Stroud Board Member | Trustee | 6 | $0 |
Aimee Monaco Grant Coordinator | Trustee | 6 | $0 |
Tiffany O'dell Board Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $62,712 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $262,535 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $325,247 |
| Total Program Service Revenue | $0 |
| Investment income | -$5,007 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $320,240 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $222,923 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $289,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,654 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $27,810 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $189,464 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $189,464 |
| Total liabilities and net assets/fund balances | $189,464 |