Rose Marie Beaty Educational Scholarship Foundation Inc
- Assets
- $6.8m
- Revenue
- $62.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Albuquerque, NM
- Founding
- Data as of
- 12/2023
- EIN
- 87-3976061
Organization Overview
Rose Marie Beaty Educational Scholarship Foundation Inc is located in Albuquerque, NM. 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. Rose Marie Beaty Educational Scholarship 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 12/2023, Rose Marie Beaty Educational Scholarship Foundation Inc generated $62.4k in total revenue.
Since 2023, Rose Marie Beaty Educational Scholarship Foundation Inc has awarded 21 individual grants totaling $473,932. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE FINANCIAL SUPPORT FOR THE BENEFIT OF STUDENTS TO ASSIST WITH SCHOLARSHIPS IN PURSUIT OF THEIR EDUCATION.
TO PROVIDE FINANCIAL SUPPORT TO ANY FEDERALLY RECOGNIZED NON-PROFIT CORPORATION IN FURTHERANCE OF SUCH ENTITY'S MISSION
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Arnold Mccall Director President | 0 | $0 | |
Kyla Mccall Director Secretary | 0 | $0 | |
Chelsea Mccall Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $256,239 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$193,837 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,402 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $65,000 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $131,151 |
| Contributions, gifts, grants paid | $473,932 |
| Total expenses and disbursements | $605,083 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $6,819,586 |
| Net Accounts receivable | $8,956 |
| 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 | $6,828,541 |
| 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 | $57,273 |
| Total liabilities | $57,273 |
Grants Awarded
Over the last fiscal year, Rose Marie Beaty Educational Scholarship Foundation Inc has awarded $473,932 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
NM BOYS AND GIRLS RANCHES INC PURPOSE: TO PROVIDE FUNDS IN SUPPORT OF AT RISK YOUTH. | $300,000 |
NM CHRISTIAN CHILDREN'S HOME PURPOSE: TO PROVIDE FUNDS IN SUPPORT OF AT RISK YOUTH. | $50,000 |
LUJAN JOSEPH PURPOSE: SCHOLARSHIP/TUITION | $2,867 |
PEREA JAYDE PURPOSE: SCHOLARSHIP/TUITION | $7,665 |
BARNES RENTON PURPOSE: SCHOLARSHIP/TUITION | $889 |
MASSEY RAEGAN PURPOSE: SCHOLARSHIP/TUITION | $10,067 |