Beck Foundation is located in Columbus, OH. The organization was established in 1985. 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. Beck 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, Beck Foundation generated $62.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $126.4k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR 2022, THE BECK FOUNDATION MADE DISTRIBUTIONS TO 27 DIFFERENT ORGANIZATIONS THAT QUALIFIED UNDER THE FOUNDATION'S GOVERNING RESOLUTIONS, REGULATIONS AND BY-LAWS.THE GIFTS
TOTALED $65,900. THE FIVE LARGEST GIFTS WERE TO: CITY YEAR COLUMBUS(COLUMBUS, OH)$10,000 OLENTANGY LOCAL SCHOOLS(LEWIS CENTER, OH) $9,800
COLUMBUS CITY SCHOOLS(COLUMBUS,OH) $7,500 LOWER LIGHTS MINISTRIES(COLUMBUS, OH) $5,000 LIFECARE ALLIANCE(COLUMBUS,OH) $3,500
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ann Rose President/trustee | 1.4 | $7,500 | |
Charles G Kaps Sec/treas/legal Counsel, Trustee | 2.2 | $24,000 | |
Carl F Serrra Trustee | 0.25 | $2,000 | |
John F Hunter Trustee | 0.25 | $2,000 | |
Patricia M Tweel Trustee | 0.25 | $2,000 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,218 |
| Dividends & Interest | $58,118 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $64,421 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,336 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $13,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,491 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,104 |
| Total operating and administrative expenses | $60,527 |
| Contributions, gifts, grants paid | $65,900 |
| Total expenses and disbursements | $126,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,992 |
| Savings and temporary cash investments | $32,389 |
| 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 | $1,268,604 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,511,653 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $13,800 |
| 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 | $13,800 |