Beatrice L Compton Memorial Fund is located in Beaver Falls, PA. The organization was established in 1992. 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. Beatrice L Compton Memorial Fund 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 12/2022, Beatrice L Compton Memorial Fund generated $76.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $640.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Beatrice L Compton Memorial Fund has awarded 13 individual grants totaling $630,395. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $20,166 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $56,488 |
| Capital Gain Net Income | $56,488 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $76,683 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $34,502 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,367 |
| Total operating and administrative expenses | $40,869 |
| Contributions, gifts, grants paid | $599,545 |
| Total expenses and disbursements | $640,414 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,210 |
| Savings and temporary cash investments | $0 |
| 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 | $1,975 |
| Total assets | $27,424 |
| 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 |
Over the last fiscal year, Beatrice L Compton Memorial Fund has awarded $599,545 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ST MONICA ANGEL FUND OF BEAVER COUNTY PURPOSE: TUITION ASSISTANCE | $150,000 |
THE PITTSBURGH FOUNDATION PURPOSE: TO IMPROVE QUALITY OF LIFE IN THE PITTSBURGH REGION. | $449,545 |