Robert F Beard Charitable Foundation
- Assets
- $10.4m
- Revenue
- $198.5k
- Investments
- $10.2m
- Employees
- 0
- Location
- Ada, MI
- Founding
- 07/1994
- Data as of
- 12/2023
- EIN
- 38-3168934
Organization Overview
Robert F Beard Charitable Foundation is located in Ada, MI. The organization was established in 1994. According to its NTEE Classification (D11) the organization is classified as: Single Organization Support, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Robert F Beard Charitable 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 12/2023, Robert F Beard Charitable Foundation generated $198.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $743.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Robert F Beard Charitable Foundation has awarded 250 individual grants totaling $5,757,500. 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
GRANT MAKING
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James R Clark President | 0 | $18,000 | |
John Beard Treasurer | 0 | $18,000 | |
Garret Clark Vice Pres | 0 | $18,000 | |
Brian Clark Director | 0 | $18,000 | |
Susan Clark Director | 0 | $18,000 | |
Lauren Ryan Director | 0 | $19,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,920 |
| Dividends & Interest | $264,425 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$76,770 |
| Capital Gain Net Income | $23,680 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,944 |
| Total Revenue | $198,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $145,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $16,731 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $60,126 |
| Total operating and administrative expenses | $223,972 |
| Contributions, gifts, grants paid | $519,000 |
| Total expenses and disbursements | $742,972 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $94,456 |
| Savings and temporary cash investments | $118,952 |
| 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 | $10,182,535 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $10,395,943 |
| 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 |
Grants Awarded
Over the last fiscal year, Robert F Beard Charitable Foundation has awarded $519,000 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
ADA CHRISTIAN SCHOOL ED FOUNDATION PURPOSE: UNRESTRICTED GIFT | $5,000 |
ADA CHRISTIAN SCHOOL PURPOSE: UNRESTRICTED GIFT | $18,750 |
BUFFALO SOLDIERS PURPOSE: UNRESTRICTED GIFT | $22,750 |
BRODYS BE CAFE PURPOSE: UNRESTRICTED GIFT | $10,000 |
CAMP CASEY PURPOSE: UNRESTRICTED GIFT | $35,000 |
CARE HOUSE OF OAKLAND COUNTY PURPOSE: UNRESTRICTED GIFT | $35,000 |