Elise M Besthoff Charitable Foundation Inc
- Assets
- $2.8m
- Revenue
- -$44.9k
- Investments
- $2.6m
- Employees
- 0
- Location
- West Palm Beach, FL
- Founding
- 10/1996
- Data as of
- 12/2022
- EIN
- 65-6193280
Organization Overview
Elise M Besthoff Charitable Foundation Inc is located in West Palm Beach, FL. The organization was established in 1996. 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. Elise M Besthoff Charitable 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.
Since 2016, Elise M Besthoff Charitable Foundation Inc has awarded 58 individual grants totaling $987,626. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NEW ORLEANS MUSEUM OF ART
REECE SCHOOL - SCHOOL FOR ATTENTION DEFICIT DISORDER CHILDREN.
PALM BEACH SCIENCE MUSEUM
SCRIPPS RESEARCH INSTITUTE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Sellari Dir/treasurer | 0.5 | $3,000 | |
Lois Reid Clemente Director/secra | 0.5 | $3,000 | |
Wyatt Rushton Director/vp | 0.5 | $2,250 | |
Christina Worley President/direc | 0.5 | $3,000 | |
Jenniferrushton Director | 0.5 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $91,606 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$146,982 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $10,522 |
| Total Revenue | -$44,854 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $14,250 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,697 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $12,585 |
| Printing and publications | $0 |
| Other expenses | $1,612 |
| Total operating and administrative expenses | $51,614 |
| Contributions, gifts, grants paid | $85,334 |
| Total expenses and disbursements | $136,948 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,707 |
| Net Accounts receivable | $319 |
| 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 | $1,076 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $150,789 |
| Total assets | $2,790,665 |
| 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, Elise M Besthoff Charitable Foundation Inc has awarded $85,334 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
THE REECE SCHOOL PURPOSE: FOR ITS BUILDING FUND. | $35,334 |
NEW ORLEANS MUSEUM OF ART PURPOSE: FOR ART DISPLAY TO THE GENERAL PUBLIC. | $25,000 |
OPPORTUNITY INC PURPOSE: FOR ITS GENERAL PURPOSES. | $2,500 |
FAU FOUNDATION PURPOSE: IN HONOR OF PHIL KOCH | $3,000 |
CHAUTAUQUA INSTITUTION PURPOSE: GENERAL FUND | $10,000 |
WPB CENTER FOR ARTS TECHNOLOGY PURPOSE: FOR ITS GENERAL PURPOSES. | $3,000 |