Karen L Bean Irrevocable Private Foundation Trust Karebare is located in Carmel, IN. The organization was established in 2002. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Karen L Bean Irrevocable Private Foundation Trust Karebare 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, Karen L Bean Irrevocable Private Foundation Trust Karebare generated $55.1k 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 (11.2%) each year. All expenses for the organization totaled $126.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Karen L Bean Irrevocable Private Foundation Trust Karebare has awarded 24 individual grants totaling $407,608. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUCKS UNLIMITED, INC.ONE WATERFOWL WAYMEMPHIS, TN 38120
HISTORIC CRAIL RANCH CONSERVATORSP.O. BOX 161315BIG SKY, MT 58716
TEACHERS' TREASURES1800 E. 10TH STREETINDIANAPOLIS, IN 46201
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $18,102 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $37,011 |
Capital Gain Net Income | $37,011 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $55,113 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $37,406 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $8,979 |
Interest | $0 |
Taxes | $5,105 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,014 |
Total operating and administrative expenses | $66,749 |
Contributions, gifts, grants paid | $60,000 |
Total expenses and disbursements | $126,749 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $38,467 |
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 | $661,510 |
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 |
Over the last fiscal year, Karen L Bean Irrevocable Private Foundation Trust Karebare has awarded $60,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
DUCK'S UNLIMITED PURPOSE: INDIANA CONSERVATION PROJECTS | $20,000 |
HISTORIC CRAIL RANCH CONSERVATORS PURPOSE: HISTORIC BEAVERSLIDE RESTORATION | $20,000 |
TEACHER'S TREASURES PURPOSE: SCHOOL SUPPLIES | $20,000 |