Beloco Foundation Inc
- Assets
- $21.3m
- Revenue
- $969.5k
- Investments
- $19.9m
- Employees
- 0
- Location
- Columbus, GA
- Founding
- 08/1967
- Data as of
- 06/2023
- EIN
- 58-6065378
Organization Overview
Beloco Foundation Inc is located in Columbus, GA. The organization was established in 1967. 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. Beloco 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 06/2023, Beloco Foundation Inc generated $969.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (32.4%) each year. All expenses for the organization totaled $1.7m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Beloco Foundation Inc has awarded 50 individual grants totaling $3,879,930. 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 |
|---|---|---|---|
Elizabeth C Ogie Co-Chairman | 0 | $0 | |
Elizabeth T Corn Co-Chairman | 0 | $0 | |
Kate Wilson Secretary/treasurer | 0 | $0 | |
Susan C Wainwright Trustee | 0 | $0 | |
Abby C Irby Trustee | 0 | $0 | |
Gilbert B Miller Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $805,477 |
| Interest on Savings | $48,172 |
| Dividends & Interest | $487,064 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$371,782 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $602 |
| Total Revenue | $969,533 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $2,913 |
| Taxes | $19,893 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $27,375 |
| Total operating and administrative expenses | $297,366 |
| Contributions, gifts, grants paid | $1,415,000 |
| Total expenses and disbursements | $1,712,366 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,043 |
| Savings and temporary cash investments | $1,308,944 |
| 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 | $8,141,841 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $377 |
| Total assets | $21,269,095 |
| 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 | $24,840 |
| Total liabilities | $24,840 |
Grants Awarded
Over the last fiscal year, Beloco Foundation Inc has awarded $1,415,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ANDREW COLLEGE PURPOSE: GENERAL USE OF DONEE | $82,000 |
CHILDREN'S HEALTHCARE OF ATLANTA PURPOSE: GENERAL USE OF DONEE | $125,000 |
COLUMBUS HOSPICE PURPOSE: GENERAL USE OF DONEE | $100,000 |
COLUMBUS MUSEUM PURPOSE: GENERAL USE OF DONEE | $82,000 |
COLUMBUS TECHNICAL COLLEGE PURPOSE: GENERAL USE OF DONEE | $50,000 |
EMORY UNIVERSITY PURPOSE: GENERAL USE OF DONEE | $100,000 |