Irving & Beatrice Edison Foundation Inc
- Assets
- $1.1m
- Revenue
- $114.0k
- Investments
- $1.0m
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 04/1962
- Data as of
- 07/2022
- EIN
- 43-6027018
Organization Overview
Irving & Beatrice Edison Foundation Inc is located in Saint Louis, MO. The organization was established in 1962. 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. Irving & Beatrice Edison 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 07/2022, Irving & Beatrice Edison Foundation Inc generated $114.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.9% each year . All expenses for the organization totaled $101.6k during the year ending 07/2022. While expenses have increased by 3.8% per year over the past 7 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.
Since 2015, Irving & Beatrice Edison Foundation Inc has awarded 242 individual grants totaling $438,381. 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 |
|---|---|---|---|
David Edison VP -Dir | 0.25 | $0 | |
Marilyn Edison President/treasurer | 1 | $0 | |
Marsha Birk Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,099 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $90,950 |
| Capital Gain Net Income | $90,950 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $114,049 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,145 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,799 |
| Total operating and administrative expenses | $40,365 |
| Contributions, gifts, grants paid | $61,234 |
| Total expenses and disbursements | $101,599 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,150 |
| Savings and temporary cash investments | $61,244 |
| 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 | $662,883 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,907 |
| Total assets | $1,085,336 |
| 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, Irving & Beatrice Edison Foundation Inc has awarded $61,234 in support to 32 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF ARKANSAS - FORT SMITH PURPOSE: ANNUAL GIFT | $20,000 |
UNITED WAY OF GREATER ST LOUIS PURPOSE: ANNUAL GIFT | $15,000 |
THE GATHERING PURPOSE: ANNUAL GIFT | $5,000 |
St Louis, MO PURPOSE: ANNUAL GIFT | $2,750 |
EARLY AMERICAN COPPERS PURPOSE: ANNUAL GIFT | $2,000 |
ARTHRITIS FOUNDATION PURPOSE: ANNUAL CONTRIBUTION | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arnall Family Foundation Inc Oklahoma City, OK | $11,371,239 | $12,792,638 |
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
Walter Scott Family Foundation Omaha, NE | $596,551,475 | $88,689,053 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Crawford Taylor Foundation St Louis, MO | $738,101,888 | $69,635,068 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
The Samuel Roberts Noble Foundation Ardmore, OK | $1,183,090,626 | $85,581,097 |
Enterprise Holdings Foundation Saint Louis, MO | $398,583,830 | $68,157,541 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Rob And Melani Walton Foundation Bentonviille, AR | $541,056,642 | $120,568,910 |
Hall Family Foundation Kansas City, MO | $1,171,646,854 | $87,869,006 |