Beren Sea Foundation
- Assets
- $8.0m
- Revenue
- $4.5m
- Investments
- $4.1m
- Employees
- 0
- Location
- Wichita, KS
- Founding
- 01/2014
- Data as of
- 12/2021
- 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 12/2021, Beren Sea Foundation generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 38.0% each year . All expenses for the organization totaled $3.5m during the year ending 12/2021. While expenses have increased by 30.5% per year over the past 4 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 2020, Beren Sea Foundation has awarded 15 individual grants totaling $5,782,289. 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 | |
Ellen Beren Treasurer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Strategic Philanthropic Services | 12/30/20 | $519,146 |
Joint Philanthropic Advisory | 12/30/20 | $180,364 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,000,000 |
| Interest on Savings | $12,033 |
| Dividends & Interest | $43,290 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,476,697 |
| Capital Gain Net Income | $1,476,697 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,657 |
| Total Revenue | $4,533,677 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,500 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $37,977 |
| Printing and publications | $0 |
| Other expenses | $53,305 |
| Total operating and administrative expenses | $820,827 |
| Contributions, gifts, grants paid | $2,683,491 |
| Total expenses and disbursements | $3,504,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $821,372 |
| Savings and temporary cash investments | $3,062,112 |
| Net Accounts receivable | $115 |
| 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 | $1,908,913 |
| Net Land, buildings, and equipment | $4,402 |
| Other assets | $0 |
| Total assets | $7,993,311 |
| 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, Beren Sea Foundation has awarded $2,683,491 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Moundridge, KS PURPOSE: GENERAL | $1,500,000 |
New York, NY PURPOSE: BEREN-GALILA INITIATIVE | $1,016,500 |
HILLEL AT THE UNIVERSITY OF PENNSYLVANIA PURPOSE: PENN HILLEL BEREN FELLOWS | $75,000 |
Wichita, KS PURPOSE: 2019 PLEDGE & CONTRIBUTION SUBSCRIPTIONS | $57,417 |
HADASSAH THE WOMEN'S ZIONIST ORGANIZATION PURPOSE: GENERAL | $25,000 |
ABAVATH ACHIM CONGREGATION PURPOSE: GENERAL | $9,574 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Beren Sea Foundation has recieved totaling $500,000.
| Awarding Organization | Amount |
|---|---|
Israel Henry Beren Charitable Foundation Inc Wichita, KS PURPOSE: TO FURTHER THE ADVANCEMENT, ENHANCEMENT, PROMOTION AND/OR WELFARE OF THE ORTHODOX JEWISH FAITH AND CAUSES | $500,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Meridian Institute Dillon, CO | $18,119,345 | $21,383,160 |
Gill Foundation Denver, CO | $227,109,663 | $12,646,667 |
A Earl & Frances E Ziegler Foundation Norman, OK | $1,886,858 | $25,634,422 |
Bayer Fund St Louis, MO | $65,640,119 | $9,167,249 |
Air Force Academy Foundation USAF Academy, CO | $121,910,731 | $31,160,927 |
Maccarthy Foundation St Louis, MO | $108,435,057 | $6,194,626 |
Adolph Coors Foundation Denver, CO | $181,746,526 | $17,055,158 |
Margulf Foundation Glendale, CO | $241,666,410 | $12,944,358 |
Mary K Chapman Foundation Tulsa, OK | $0 | $10,262,149 |
David C Butterfield And Alfonso D Rubio Memorial Foundation Aspen, CO | $229,390,732 | $219,209,286 |
Edward D Jones & Company Foundation St Louis, MO | $57,937,606 | $44,940,612 |
E L And Thelma Gaylord Foundation Oklahoma City, OK | $0 | $13,309,432 |