Beavers Charitable Trust
- Assets
- $32.8m
- Revenue
- $4.2m
- Investments
- $32.0m
- Employees
- 0
- Location
- Los Altos, CA
- Founding
- 06/1981
- Data as of
- 04/2023
- EIN
- 95-3605104
Organization Overview
Beavers Charitable Trust is located in Los Altos, CA. The organization was established in 1981. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Beavers Charitable 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 04/2023, Beavers Charitable Trust generated $4.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $1.7m during the year ending 04/2023. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Beavers Charitable Trust has awarded 205 individual grants totaling $15,344,273. 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.
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 |
|---|---|---|---|
Wilford W Clyde Chair | 1 | $0 | |
David J Miles Vice Chair | 1 | $0 | |
Robert E Alger Trustee | 1 | $0 | |
Sam E Baker Jr To 123 Trustee | 1 | $0 | |
Michael H Crawford Trustee | 1 | $0 | |
Paul A Cocotis Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,740,563 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,496,645 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,237,208 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25,778 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $235,099 |
| Total operating and administrative expenses | $304,168 |
| Contributions, gifts, grants paid | $1,433,500 |
| Total expenses and disbursements | $1,737,668 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,728 |
| Savings and temporary cash investments | $107,528 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $437,350 |
| 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 | $13,851,928 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $32,830,278 |
| Accounts payable and accrued expenses | $4,601 |
| Grants payable | $1,319,000 |
| 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 | $1,323,601 |
Grants Awarded
Over the last fiscal year, Beavers Charitable Trust has awarded $2,826,000 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
BRIGHAM YOUNG UNIVERSITY PURPOSE: ADDING TO SCHOLARSHIP ENDOWMENT | $15,000 |
CAL POLYTECHNIC STATE UNIV PURPOSE: ADDING TO SCHOLARSHIP ENDOWMENT | $25,000 |
CAL POLYTECHNIC STATE UNIV PURPOSE: ONE-TIME SCHOLARSHIP | $17,500 |
CAL STATE UNIVERSITY SACRAMENTO PURPOSE: FUNDING EXPANDED CURRICULUM | $100,000 |
CALIFORNIA STATE UNIVERSITY LONG BEACH FOUNDATION PURPOSE: ADDING TO SCHOLARSHIP ENDOWMENT | $10,000 |
CHICO CM EDUCATION FOUNDATION PURPOSE: FUNDING CM MINOR PROGRAM | $30,000 |