Cordelia Lunceford Beatty Trust
- Assets
- $2.9m
- Revenue
- $529.5k
- Investments
- $2.5m
- Employees
- 0
- Location
- Blackwell, OK
- Founding
- 12/1943
- Data as of
- 12/2021
- EIN
- 73-6094952
Organization Overview
Cordelia Lunceford Beatty Trust is located in Blackwell, OK. The organization was established in 1943. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Cordelia Lunceford Beatty Trust 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 12/2021, Cordelia Lunceford Beatty Trust generated $529.5k in total revenue. All expenses for the organization totaled $195.5k during the year ending 12/2021. While expenses have increased by 5.2% per year over the past 4 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 2020, Cordelia Lunceford Beatty Trust has awarded 49 individual grants totaling $240,226. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLACKWELL PUBLIC SCHOOLS-PROGRAMS INCLUDING SCHOOL SUPPLIES EQUIPMENT GRANTS TO TEACHERS SCHOOL FOUNDATION MUSIC SPORTS AND CHEERLEADING
PEEP'S MOUNTAIN SCHOLARSHIPS FOR PRESCHOOL CHILDREN AND CHRISTMAS FOR KIDS PROGRAM
COLLEGE SCHOLARSHIPS FOR FIRST YEAR STUDENTS AND CONCURRENT ENROLLMENT
BLACKWELL YOUTH CENTER-PROGRAMS AND RECREATION FOR BLACKWELL YOUTH
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James R Rodgers Trustee | 12 | $22,000 | |
William W Rodgers Trustee | 2 | $8,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $49,824 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $471,790 |
| Capital Gain Net Income | $471,790 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,889 |
| Total Revenue | $529,503 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $28,942 |
| Total operating and administrative expenses | $69,742 |
| Contributions, gifts, grants paid | $125,791 |
| Total expenses and disbursements | $195,533 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,866 |
| Savings and temporary cash investments | $384,006 |
| 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 | $2,872,558 |
| 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, Cordelia Lunceford Beatty Trust has awarded $125,791 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
PEEP'S MOUNTAIN PRE SCHOOL PURPOSE: TUITION ASSISTANCE | $26,275 |
BLACKWELL PUBLIC SCHOOLS PURPOSE: SCHOOLS SUPPLIES | $17,221 |
BLACKWELL ELEMENTARY SCHOOL PURPOSE: GRANTS TO TEACHERS | $16,334 |
BLACKWELL HIGH SCHOOL PURPOSE: MUSIC DEPARTMENT DRIVER'S ED EDUCATIONAL TOURS SHOES CLASS TOOLS SOFTBALL WRESTLING | $15,521 |
BLACKWELL YOUTH CENTER PURPOSE: ARTS AND CRAFTS KIDS ACTIVITIES EQUIPMENT GAMES ETC | $5,210 |
OKLAHOMA STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Brown Foundation Inc Houston, TX | $979,120,834 | $115,841,262 |
Moody Foundation Galveston, TX | $975,031,131 | $132,742,251 |
Alice L Walton Foundation Bentonville, AR | $3,555,974,062 | $449,327,995 |
Edward N And Della L Thome Memorial Foundation Dallas, TX | $16,863,248 | $21,555,807 |
Burnett Foundation Fort Worth, TX | $195,880,351 | $2,811,908 |
Jesus Fund Little Rock, AR | $476,522,715 | $128,635,887 |
Rapier Family Foundation San Antonio, TX | $15,198 | $1,321,420 |
Dan L Duncan Family Foundation Houston, TX | $0 | $27,292,814 |
James S Mcdonnell Foundation St Louis, MO | $496,119,714 | $80,243,658 |
Patterson Family Foundation Kansas City, MO | $1,526,002,008 | $1,174,628,172 |
Fmh Foundation Midland, TX | $321,253,044 | $148,706,487 |
Inasmuch Foundation Oklahoma City, OK | $394,422,796 | $49,887,073 |