Beanstalk Foundation
- Assets
- $924.4k
- Revenue
- $106.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Denver, CO
- Founding
- 03/2009
- Data as of
- 12/2022
- EIN
- 26-3052631
Organization Overview
Beanstalk Foundation is located in Denver, CO. The organization was established in 2009. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2022, Beanstalk Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beanstalk 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 12/2022, Beanstalk Foundation generated $106.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $186.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Beanstalk Foundation has awarded 14 individual grants totaling $215,487. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE ACTS OF GENEROSITY WITHIN OUR COMMUNITIES BY SUPPORTING EVERYDAY HEROES, CALLED LEADERS, WITH FUNDING, EDUCATION AND ADMINISTRATIVE SUPPORT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BEANSTALK FOUNDATION WILL MAKE GRANTS TO OTHER NON-PROFIT ORGANIZATIONS TO FURTHER ENHANCE AND IMPROVE THEIR WORK WITHIN THEIR COMMUNITIES. BEANSTALK FOUNDATION WILL MAKE GRANTS DESIGNED TO ASSIST INDIVIDUALS AND FAMILIES THAT HAVE ENCOUNTERED UNEXPECTED AND SEVERE FINANCIAL HARDSHIP DUE TO SICKNESS AND OTHER UNFORESEEN CIRCUMSTANCES. GRANTS WILL BE FACILITATED BY INDIVIDUALS IDENTIFIED AND INVITED BY BEANSTALK FOUNDATION THAT HAVE AN IDENTIFIED AND EXISTING CONNECTION WITHIN THEIR COMMUNITY. ALL GRANTS WILL BE APPROVED BY BEANSTALK FOUNDATION. THE BEANSTALK FOUNDATION WILL ALSO PROVIDE ADMINISTRATIVE SUPPORT TO ENCOURAGE COMMUNITY INVOLVEMENT AND IMPROVEMENT THROUGH FUNDRAISING, EDUCATION, SOCIAL NETWORKING AND VOLUNTEERISM. BEANSTALK WILL KEEP DONORS, VOLUNTEERS, COMMUNITY MEMBERS AND FUNDRAISING GROUPS UPDATED WITH E-NEWSLETTERS AND EMAILS ON AN AS-NEEDED BASIS.
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 |
|---|---|---|---|
Margaret Casart Secretary | Officer | 40 | $47,500 |
Diana Crabtree Green Treasurer | OfficerTrustee | 2 | $4,880 |
E Theodore Stolberg President | OfficerTrustee | 25 | $0 |
Jan West Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,987 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,987 |
| Total Program Service Revenue | $0 |
| Investment income | $90,574 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,247 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $106,314 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $90,114 |
| Grants and other assistance to domestic individuals. | $250 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $52,380 |
| Compensation of current officers, directors, key employees. | $12,005 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,088 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,452 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $268 |
| Fees for services: Accounting | $15 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $520 |
| Information technology | $586 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $1,790 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,996 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,678 |
| All other expenses | $0 |
| Total functional expenses | $186,137 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $822,323 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $102,079 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $924,402 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $1,235,452 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | -$311,050 |
| Total liabilities and net assets/fund balances | $924,402 |
Grants Awarded
Over the last fiscal year, Beanstalk Foundation has awarded $32,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HOME TRUST OF OURAY COUNTY PURPOSE: Affordable housing | $16,000 |
ONWARD A LEGACY FOUNDATION PURPOSE: Auto repair for disadvantaged | $10,000 |
UNITED WAY OF EAGLE RIVER PURPOSE: Improve lives with community caring | $6,000 |