William F & Patricia A Beck Family Foundation Trust 06-22-1998
- Assets
- $470.7k
- Revenue
- $75.8k
- Investments
- $409.0k
- Employees
- 0
- Location
- Frankfort, MI
- Founding
- 08/1999
- Data as of
- 12/2023
- EIN
- 36-7236926
Organization Overview
William F & Patricia A Beck Family Foundation Trust 06-22-1998 is located in Frankfort, MI. The organization was established in 1999. 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. William F & Patricia A Beck Family Foundation Trust 06-22-1998 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, William F & Patricia A Beck Family Foundation Trust 06-22-1998 generated $75.8k 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 (4.8%) each year. All expenses for the organization totaled $110.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, William F & Patricia A Beck Family Foundation Trust 06-22-1998 has awarded 221 individual grants totaling $796,410. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William F Beck Trustee | 0.01 | $0 | |
Patricia A Beck Trustee | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $12,821 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $62,013 |
| Capital Gain Net Income | $62,013 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $75,834 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $206 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,980 |
| Contributions, gifts, grants paid | $104,200 |
| Total expenses and disbursements | $110,180 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,688 |
| 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 | $76,445 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $470,715 |
| 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, William F & Patricia A Beck Family Foundation Trust 06-22-1998 has awarded $104,200 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BENZIE AREA CHRISTIAN NEIGHBORS PURPOSE: GENERAL OPERATIONS | $1,500 |
BENZIE HOME HEALTH CARE SENIOR RESOURCES PURPOSE: GENERAL OPERATIONS | $500 |
BENZIE COUNTY COMMUNITY CHEST PURPOSE: GENERAL OPERATIONS | $500 |
BOYS HOPE GIRLS HOPE PURPOSE: GENERAL OPERATIONS | $10,000 |
CITY OF FRANKFORT PURPOSE: GENERAL OPERATIONS | $50,000 |
FRANKFORT AREA LAND CONSERVANCY PURPOSE: GENERAL OPERATIONS | $250 |