Beeks Family Legacy Foundation
- Assets
- $2.3m
- Revenue
- $105.0k
- Investments
- $2.1m
- Employees
- 0
- Location
- Seattle, WA
- Founding
- 12/2000
- Data as of
- 12/2021
- EIN
- 91-2041064
Organization Overview
Beeks Family Legacy Foundation is located in Seattle, WA. The organization was established in 2000. 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. Beeks Family Legacy Foundation 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, Beeks Family Legacy Foundation generated $105.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $418.5k during the year ending 12/2021. While expenses have increased by 11.4% per year over the past 7 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 2016, Beeks Family Legacy Foundation has awarded 93 individual grants totaling $2,101,944. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James H Gram Pres/treas/vice Pres | 7 | $0 | |
Anthony J Mccormick Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $47,509 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,465 |
| Capital Gain Net Income | $57,465 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $104,974 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $276 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $40,952 |
| Contributions, gifts, grants paid | $377,500 |
| Total expenses and disbursements | $418,452 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,524 |
| Savings and temporary cash investments | $194,554 |
| 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 | $1,888 |
| Total assets | $2,343,924 |
| 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, Beeks Family Legacy Foundation has awarded $377,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
GSBA SCHOLARSHIP ENDOWMENT PURPOSE: SUPPORTING EDUCATION - ENDOWMENT OF ANNUAL SCHOLARSHIPS FOR THE PURSUIT OF LEGAL DEGREE/CERTIFICATE | $100,000 |
MALAWI EDUCATION FOUNDATION PURPOSE: SUPPORTING EDUCATION | $27,500 |
Seattle, WA PURPOSE: SUPPORTING SELF-SUFFICIENCY THROUGH ENTREPRENEURS | $25,000 |
Seattle, WA PURPOSE: SUPPORTING EDUCATION | $25,000 |
HARVEST AGAINST HUNGER PURPOSE: SUPPORTING FOOD INSECURITY | $25,000 |
Seattle, WA PURPOSE: SUPPORTING UNHOUSED YOUTH | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Goosefoot Community Fund A Not For Profit Corporation Langley, WA | $15,049,797 | $1,759,976 |
Gary E Milgard Family Foundation-Sunshine Tacoma, WA | $39,754,398 | $1,591,645 |
Living Computer Museum Seattle, WA | $173,675 | $23 |
Oregon Washington Health Network Pendleton, OR | $1,858,367 | $1,332,897 |
Daves Killer Bread Foundation Milwaukie, OR | $69,125 | $259,670 |
Foundation So Rogue River, OR | $2,133,625 | $1,199,629 |
Angela J Bowen Conservancy Foundation Olympia, WA | $45,832,663 | $49,138,134 |
Young Family Foundation Brush Prairie, WA | $0 | $12,804 |
Friends Of Astoria Column Inc Astoria, OR | $2,767,399 | $634,329 |
Beeks Family Legacy Foundation Seattle, WA | $2,343,924 | $104,974 |
Peter R Marsh Foundation Camas, WA | $6,890,319 | $2,479,002 |
David And Minnie Meyerson Monroe, WA | $1,249,533 | -$4,101 |