Betswest Foundation
- Assets
- $1.9m
- Revenue
- -$339.0k
- Investments
- $1.5m
- Employees
- 0
- Location
- Brenham, TX
- Founding
- 02/2009
- Data as of
- 12/2022
- EIN
- 26-3222176
Organization Overview
Betswest Foundation is located in Brenham, TX. The organization was established in 2009. 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. Betswest Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2016, Betswest Foundation has awarded 145 individual grants totaling $1,168,709. 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 |
|---|---|---|---|
Sally L Blackie-Sengel President | 0 | $0 | |
Elizabeth H Blackie Secretary | 0 | $0 | |
Weston C Blackie Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,988 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$379,016 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$339,028 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,825 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $26,246 |
| Contributions, gifts, grants paid | $358,500 |
| Total expenses and disbursements | $384,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,145 |
| Savings and temporary cash investments | $292,794 |
| 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 | $0 |
| Total assets | $1,910,032 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $8,421 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $8,421 |
Grants Awarded
Over the last fiscal year, Betswest Foundation has awarded $358,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
ANIMAL FRIENDS OF WASHINGTON COUNTY PURPOSE: GENERAL SUPPORT | $6,000 |
BOYS & GIRLS CLUB OF WASHINGTON COUNTY PURPOSE: GENERAL SUPPORT | $10,000 |
BRENHAM HERITAGE MUSEUM PURPOSE: GENERAL SUPPORT | $15,000 |
CAMP FOR ALL PURPOSE: GENERAL SUPPORT | $25,000 |
CHAPPELL HILL UNITED METHODIST CHURCH PURPOSE: GENERAL SUPPORT | $12,000 |
CHAPPELL HILL VOLUNTEER FIRE DEPARTMENT PURPOSE: GENERAL SUPPORT | $2,000 |