Dwight M Beeson Charitable Trust 66 1055000325 is located in Birmingham, AL. The organization was established in 1989. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Dwight M Beeson Charitable Trust 66 1055000325 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, Dwight M Beeson Charitable Trust 66 1055000325 generated $397.6k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $570.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Dwight M Beeson Charitable Trust 66 1055000325 has awarded 34 individual grants totaling $4,081,877. 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
N/A
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $278,745 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $118,817 |
Capital Gain Net Income | $118,817 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $397,562 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $63,048 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $11,092 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $3,942 |
Total operating and administrative expenses | $79,082 |
Contributions, gifts, grants paid | $491,768 |
Total expenses and disbursements | $570,850 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $265,539 |
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 | $8,997,735 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $9,263,274 |
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 |
Over the last fiscal year, Dwight M Beeson Charitable Trust 66 1055000325 has awarded $491,768 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
BAPTIST HEALTH FOUNDATION INC PURPOSE: GENERAL OPERATING | $122,942 |
UNITED ABILITY INC PURPOSE: GENERAL OPERATING | $122,942 |
THE COMMUNITY FOUNDATION OF GREATER BIRM PURPOSE: GENERAL OPERATING | $122,942 |
BOYS AND GIRLS RANCHES OF ALABAMA PURPOSE: GENERAL OPERATING | $122,942 |