Beach Foundation
- Assets
- $0.0
- Revenue
- $4.2m
- Investments
- $9.7m
- Employees
- 0
- Location
- West Conshohocken, PA
- Founding
- 05/1997
- Data as of
- 12/2019
- EIN
- 23-2897351
Organization Overview
Beach Foundation is located in West Conshohocken, PA. The organization was established in 1997. 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. Beach 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 12/2019, Beach Foundation generated $4.2m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 72.6% each year . All expenses for the organization totaled $627.4k during the year ending 12/2019. While expenses have increased by 8.6% per year over the past 2 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 2020, Beach Foundation has awarded 112 individual grants totaling $1,281,325. 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 |
|---|---|---|---|
Thomas E Beach President & Director | 2 | $0 | |
Walter T Beach Vice President & Director | 0 | $0 | |
Theodore T Beach Treasurer & Director | 0 | $0 | |
Jonathan T Beach Secretary & Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $32,030 |
| Interest on Savings | $0 |
| Dividends & Interest | $29,244 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,198,338 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $17,630 |
| Contributions, gifts, grants paid | $609,720 |
| Total expenses and disbursements | $627,350 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,190,993 |
| Other assets | $11,854 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Beach Foundation has awarded $668,892 in support to 57 organizations.
| Grant Recipient | Amount |
|---|---|
COMMONWEATLH FOUNDATION PURPOSE: GENERAL FUND | $75,000 |
ATLAS NETWORK PURPOSE: GENERAL FUND | $75,000 |
REASON FOUNDATION PURPOSE: GENERAL FUND | $60,000 |
Naples, FL PURPOSE: GENERAL FUND | $50,000 |
STUDENTS FOR LIBERTY PURPOSE: GENERAL FUND | $50,000 |
FIRE (FOUND FOR IND RIGHTS IN EDU) PURPOSE: GENERAL FUND | $50,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
S & G Foundation albany, NY | $1,180,089,159 | $294,936,683 |
Starr Foundation New York, NY | $1,351,331,495 | $187,314,215 |
Robertson Foundation New York, NY | $308,129,047 | $104,540,927 |
William Randolph Hearst Foundation New York, NY | $0 | $92,096,829 |
Foundation For A Just Society New York, NY | $0 | $262,120,919 |
Surdna Foundation Inc New York, NY | $0 | $71,392,126 |
Johnson & Johnson Foundation United States Inc New Brunswick, NJ | $130,108,063 | $92,858,448 |
Carson Fam Charitable Tr New York, NY | $302,357,968 | $144,716,166 |
Blavatnik Family Foundation 2020 New York, NY | $0 | $14,146 |
Diana Davis Spencer Foundation Bethesda, MD | $1,510,145,435 | $31,448,274 |
Davis Family Foundation Hanover, MD | $1,302,672,743 | $64,475,559 |
Henry Luce Foundation Inc New York, NY | $1,226,277,880 | $84,818,070 |