Beren Sea Foundation
- Assets
- $7.9m
- Revenue
- $5.1m
- Investments
- $6.4m
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 01/2014
- Data as of
- 12/2022
- EIN
- 46-0800568
Organization Overview
Beren Sea Foundation is located in Wichita, KS. The organization was established in 2014. 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. Beren Sea 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, Beren Sea Foundation generated $5.1m in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $5.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Beren Sea Foundation has awarded 23 individual grants totaling $10,274,669. 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 |
|---|---|---|---|
Adam E Beren President | 1 | $0 | |
Adam E Beren Secretary | 1 | $0 | |
Ellen Beren Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Strategic Philanthropic Services | 12/30/22 | $550,801 |
See Bound Ventures | 12/30/22 | $90,286 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000,000 |
| Interest on Savings | $16,043 |
| Dividends & Interest | $96,028 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $987,814 |
| Capital Gain Net Income | $987,814 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,113 |
| Total Revenue | $5,100,998 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,767 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $52,723 |
| Printing and publications | $0 |
| Other expenses | $20,029 |
| Total operating and administrative expenses | $748,989 |
| Contributions, gifts, grants paid | $4,492,380 |
| Total expenses and disbursements | $5,241,369 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,585 |
| Savings and temporary cash investments | $1,382,966 |
| Net Accounts receivable | $253 |
| 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 | $881,840 |
| Net Land, buildings, and equipment | $3,633 |
| Other assets | $0 |
| Total assets | $7,853,797 |
| Accounts payable and accrued expenses | $857 |
| 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 | $857 |
Grants Awarded
Over the last fiscal year, Beren Sea Foundation has awarded $4,492,380 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
COMBAT HATE FOUNDATION PURPOSE: GENERAL | $3,125,000 |
ABAVATH ACHIM CONGREGATION PURPOSE: GENERAL | $65,000 |
FRIEDMAN CENTER FOR PEACE PURPOSE: GENERAL | $50,000 |
PEF ISRAEL ENDOWMENT FUNDS INC PURPOSE: BEREN-GALILA INITIATIVE | $1,100,000 |
MID-KANSAS JEWISH FEDERATION PURPOSE: 2022 PLEDGE & CONTRIBUTION SUBSCRIPTIONS | $57,380 |
MEMORIAL SLOAN KETTERING CANCER CENTER PURPOSE: RICHARD WONG LAB | $50,000 |