Irving & Beatrice Edison Foundation Inc
- Assets
- $1.1m
- Revenue
- $62.6k
- Investments
- $1.0m
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 04/1962
- Data as of
- 07/2024
- EIN
- 43-6027018
Organization Overview
Irving & Beatrice Edison Foundation Inc is located in Saint Louis, MO. The organization was established in 1962. 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. Irving & Beatrice Edison Foundation Inc 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 07/2024, Irving & Beatrice Edison Foundation Inc generated $62.6k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $89.1k during the year ending 07/2024. While expenses have increased by 1.5% per year over the past 9 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 2015, Irving & Beatrice Edison Foundation Inc has awarded 298 individual grants totaling $551,124. 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 |
|---|---|---|---|
Marilyn Edison President/treasurer | 1 | $0 | |
David Edison VP -Dir | 0.25 | $0 | |
Marsha Birk Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $23,806 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,791 |
| Capital Gain Net Income | $38,791 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $62,597 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,098 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $24,818 |
| Total operating and administrative expenses | $39,729 |
| Contributions, gifts, grants paid | $49,409 |
| Total expenses and disbursements | $89,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,090 |
| Savings and temporary cash investments | $21,975 |
| 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 | $422,912 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,120 |
| Total assets | $1,062,777 |
| 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, Irving & Beatrice Edison Foundation Inc has awarded $49,409 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
BARNES-JEWISH HOPITAL FOUNDATIONS PURPOSE: EVELYN'S HOUSE, ILLUMINATION EVENT, ANNUAL GIFT, SITEMAN CANCER CENTER | $2,500 |
BROWN UNIVERSITY PURPOSE: PARENTS ANNUAL FUND - 1764 SOCIETY | $230 |
CHILDREN'S ORGAN TRANSPLANT ASSOCIATION PURPOSE: ANNUAL GIFT | $2,000 |
COMPASSION & CHOICES PURPOSE: ANNUAL CONTRIBUTION | $500 |
COMMUNITY SCHOOL PURPOSE: ANNUAL GIFT | $250 |
DOCTORS WITHOUT BORDERS PURPOSE: ANNUAL GIFT | $1,000 |