Wilfred M & Audrey M Beavin Edu Tr is located in St Louis, MO. The organization was established in 2016. 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. Wilfred M & Audrey M Beavin Edu Tr 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 12/2023, Wilfred M & Audrey M Beavin Edu Tr generated $168.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.4% each year . All expenses for the organization totaled $92.1k during the year ending 12/2023. While expenses have increased by 1.9% per year over the past 6 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 2018, Wilfred M & Audrey M Beavin Edu Tr has awarded 26 individual grants totaling $306,114. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE THE EDUCATION OF STUDENTS PURSUING AN EDUCATION IN THE AVIATION OR AEROSPACE INDUSTRIES, SPECIFICALLY THROUGH AWARDING SCHOLARSHIPS TO QUALIFYING STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Midwest Trust Company Co-Trustee & Comm. Member | 2 | $0 | |
Rebekah Bahn Co-Trustee & Comm. Member | 1 | $0 | |
Gloria Bahn Committee Member | 0.5 | $0 | |
Gregg Maryniak Committee Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $31,438 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $136,613 |
Capital Gain Net Income | $136,613 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $168,051 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $12,551 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $593 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $15,064 |
Contributions, gifts, grants paid | $77,000 |
Total expenses and disbursements | $92,064 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $245,239 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $1,509 |
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 | $275,024 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $800,933 |
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, Wilfred M & Audrey M Beavin Edu Tr has awarded $77,000 in support to 6 organizations.
Grant Recipient | Amount |
---|---|
JOHN KOHL ST LOUIS UNIVERSITY PURPOSE: EDUCATION SCHOLARSHIP | $10,000 |
KOBE CARR SOUTHWESTERN ILLINOIS COL PURPOSE: EDUCATION SCHOLARSHIP | $10,000 |
RILEY TYRRELL MISSOURI STATE UNIVER PURPOSE: EDUCATION SCHOLARSHIP | $17,000 |
KERRY KLOOS SPARTA AERO SERVICES IN PURPOSE: EDUCATION SCHOLARSHIP | $15,000 |
TUCKER BEESLEY SOUTHERN ILLINOIS UN PURPOSE: EDUCATION SCHOLARSHIP | $17,000 |
RUTH CALIX ST LOUIS UNIVERSITY PURPOSE: EDUCATION SCHOLARSHIP | $8,000 |