Beaver Medical Clinic Foundation
- Assets
- $1.0m
- Revenue
- $155.4k
- Investments
- $1.0m
- Employees
- 0
- Location
- Redlands, CA
- Founding
- 01/1964
- Data as of
- 06/2024
- EIN
- 95-6067230
Organization Overview
Beaver Medical Clinic Foundation is located in Redlands, CA. The organization was established in 1964. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beaver Medical Clinic 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 06/2024, Beaver Medical Clinic Foundation generated $155.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.1m during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Beaver Medical Clinic Foundation has awarded 193 individual grants totaling $1,642,080. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Belote MD Cfo/treasurer | 1 | $0 | |
Marty M Davis President | 1 | $0 | |
Betty Davis Secretary | 1 | $0 | |
Robert Rentschler MD Director | 1 | $0 | |
Gilbert Putnoky MD Director | 1 | $0 | |
Kenneth Balloumd President-Elect | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $28,800 |
| Interest on Savings | $1,411 |
| Dividends & Interest | $47,243 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $52,617 |
| Capital Gain Net Income | $52,617 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,317 |
| Total Revenue | $155,388 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,311 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,617 |
| Total operating and administrative expenses | $14,086 |
| Contributions, gifts, grants paid | $1,088,650 |
| Total expenses and disbursements | $1,102,736 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,259 |
| 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 | $1,005,607 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,024,866 |
| 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, Beaver Medical Clinic Foundation has awarded $1,088,650 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CALIFORNIA UNIVERSITY OF SCIENCE AND MEDICINE PURPOSE: SCHOLARSHIPSCHOLARSHIP | $20,000 |
BEAUMONT ADULT CONTRIBUTION PURPOSE: SCHOLARSHIP | $3,500 |
CRY ROP FOUNDATION PURPOSE: SCHOLARSHIP | $5,150 |
CSUSB PHILANTHROPIC FOUNDATION PURPOSE: SCHOLARSHIP | $1,000 |
REDLANDS COMMUNITY FOUNDATION PURPOSE: SCHOLARSHIP | $1,000,000 |
SAN BERNARDINO VALLEY COLLEGE PURPOSE: SCHOLARSHIP | $1,000 |