Joseph And Mari Beals Family Foundation

Organization Overview

Joseph And Mari Beals Family Foundation is located in Grosse Pointe Woods, MI. The organization was established in 1999. 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. Joseph And Mari Beals Family 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 07/2022, Joseph And Mari Beals Family Foundation generated $8.6k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 22.2% each year . All expenses for the organization totaled $3.3k during the year ending 07/2022. While expenses have increased by 9.7% per year over the past 5 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $224
Dividends & Interest $946
Net Rental Income$0
Net Gain on Sale of Assets $5,501
Capital Gain Net Income $4,353
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,933
Total Revenue $8,604

Grants Awarded

Over the last fiscal year, Joseph And Mari Beals Family Foundation has awarded $2,500 in support to 2 organizations.

Grant RecipientAmount

GRACE COMMUNITY CHURCH

Org PageRecipient Profile

Detroit, MI

PURPOSE: SPECIFIC FAMILY SUPPORT

$2,000

WAYNE COUNTY MEDICAL SOCIETY

Org PageRecipient Profile

Southfield, MI

PURPOSE: SUPPORT LOCAL MEDICAL CHARITY

$500
View Grant Profile

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