Beygood Foundation is located in Encino, CA. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Beygood Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beygood Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
ECONOMIC EQUITY BY SUPPORTING ORGANIZATIONS THAT SERVE MARGINALIZED AND UNDER-SOURCED COMMUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARITABLE GIVING PROGRAM SERVING EDUCATIONAL PURPOSES AND THOSE IN NEED OR IN DISTRESS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Tina Knowles-Lawson Board Chair | OfficerTrustee | 1 | $0 |
Richard Lawson Board Member | Trustee | 1 | $0 |
Kawanna Brown Board Member | Trustee | 1 | $0 |
Jay Brown Board Member | Trustee | 1 | $0 |
Mai Lassiter Board Member | Trustee | 1 | $0 |
Michael Oppenheim Board Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $43,405,813 |
Noncash contributions included in lines 1a–1f | $25,330 |
Total Revenue from Contributions, Gifts, Grants & Similar | $43,405,813 |
Total Program Service Revenue | $0 |
Investment income | $170,421 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $43,576,234 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,565,000 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $136,550 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $8,298 |
Payroll taxes | $10,904 |
Fees for services: Management | $21,730 |
Fees for services: Legal | $33,153 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $442,198 |
Advertising and promotion | $600 |
Office expenses | $2,023 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $9,175 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $10,930 |
All other expenses | $0 |
Total functional expenses | $2,240,561 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $40,806,790 |
Savings and temporary cash investments | $212,581 |
Pledges and grants receivable | $500,000 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $11,639 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $816,898 |
Total assets | $42,347,908 |
Accounts payable and accrued expenses | $195,337 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $816,898 |
Total liabilities | $1,012,235 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $41,335,673 |
Total liabilities and net assets/fund balances | $42,347,908 |
Over the last fiscal year, Beygood Foundation has awarded $1,530,000 in support to 5 organizations.
Grant Recipient | Amount |
---|---|
HOLLYROD FOUNDATION PURPOSE: GENERAL PURPOSE DONATION | $300,000 |
BREAD OF LIFE PURPOSE: GENERAL PURPOSE DONATION | $1,200,000 |
ORDINARY TOWARDS EXTRAORDINARY FOUNDATION INC PURPOSE: GENERAL PURPOSE DONATION | $10,000 |
COMMUNITY MUSIC CENTER OF HOUSTON PURPOSE: GENERAL PURPOSE DONATION | $10,000 |
YOUNG WOMENS CHRISTIAN ASSOCIATION OF SOUTHEAST WISCONSIN PURPOSE: GENERAL PURPOSE DONATION | $10,000 |