Beech Foundation Inc
- Assets
- $1.9m
- Revenue
- $116.4k
- Investments
- $1.3m
- Employees
- 0
- Location
- Conyers, GA
- Founding
- 05/2002
- Data as of
- 12/2022
- EIN
- 61-1405192
Organization Overview
Beech Foundation Inc is located in Conyers, GA. The organization was established in 2002. According to its NTEE Classification (T23) the organization is classified as: Private Operating 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. Beech 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 12/2022, Beech Foundation Inc generated $116.4k 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 (13.5%) each year. All expenses for the organization totaled $380.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Beech Foundation Inc has awarded 48 individual grants totaling $6,377,130. 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
PROGRAM OF ORGANIZING AND FUNDING MISSION TRIPS TO KENYA IN WHICH AMERICAN PARTICIPANTS PROVIDED MEDICAL, CONSTRUCTION, EDUCATION AND SPIRITUAL ASSISTANCE TO NATIVE CHRISTIANS. IN ADDITION, THE FOUNDATION CONTINUED ITS INVOLVEMENT IN DEVELOPING AN ORPHANAGE, SCHOOL, AND CLINIC IN NAKURU, KENYA, TO SERVE KENYAN CHILDREN, PARTICULARLY THOSE ORPHANED OR ILL DUE TO HIV/AIDS. THE FOUNDATION HAS ALSO STARTED WORKING WITH SIMILAR EFFORTS WITH NON-PROFIT MINISTRIES IN INDIA AND HONDURAS.
THE FOUNDATION HAS PARTNERED WITH RESTORATION STOREHOUSE CENTER ASSOCIATION, INC A 501C3. THE CENTER WAS CREATED TO COLLECTIVELY EMPOWER AND EQUIP PEOPLE IN ROCKDALE TO TRANSFORM FROM INSTABILITY TO SUSTAINABILITY BY OFFERING PRACTICAL SERVICES WHICH RENEW HOPE, STRENGTHEN LIVES, SO ALL MAY BEAR FRUIT RESULTING IN AN IMPROVED QUALITY OF LIFE AND A POSITIVE ECONOMIC IMPACT FOR OUR COMMUNITY WHILE GLORIFYING GOD IN EVERYTHING WE DO.
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 |
|---|---|---|---|
Jeffrey A Beech President | 8 | $0 | |
Greta Beech Secretary | 8 | $0 | |
Kevin Kraus Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $109,706 |
| Interest on Savings | $85 |
| Dividends & Interest | $16,739 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,154 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $116,376 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,139 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,810 |
| Total operating and administrative expenses | $11,104 |
| Contributions, gifts, grants paid | $369,276 |
| Total expenses and disbursements | $380,380 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $46,091 |
| 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 | $550,000 |
| Other assets | $0 |
| Total assets | $1,852,085 |
| 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, Beech Foundation Inc has awarded $369,276 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
PROGRAM OPERATIONS PURPOSE: TO FURTHER THE EXEMPT PURPOSE AND CHARITABLE MISSION ACTIVITY OF THE FOUNDATION | $13,207 |
RESTORATION STOREHOUSE PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE FOUNDATION | $213,788 |
NEW COVENANT FELLOWSHIP PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE FOUNDATION | $10,000 |
MUSCULAR DYSTROPHY ASSOCIATION PURPOSE: TO FURTHER THE FOUNDATION'S MISSION BY SUPPORTING MEDICAL RESEARCH | $5,000 |
ELKS AIDMORE PURPOSE: TO FURTHER THE MISSION OF THE FOUNDATION BY SUPPORTING A NON-PROFIT FACILITY FOR ADOLESCENTS IN CRISIS | $3,000 |
THE OLD FRONTIER PURPOSE: TO FURTHER THE FOUNDATIONS MISSION BY HELPING THE DONEE WITH CURRENT PROGRAM AS WELL AS EXPANSION AND CONSTRUCTION. | $15,000 |