Beem Family Foundation
- Assets
- $147.5k
- Revenue
- $46.6k
- Investments
- $103.8k
- Employees
- 0
- Location
- Alton, IL
- Founding
- Data as of
- 12/2023
- EIN
- 88-2371967
Organization Overview
Beem Family Foundation is located in Alton, IL. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Beem Family 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 12/2023, Beem Family Foundation generated $46.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (34.7%) each year. All expenses for the organization totaled $8.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patsy Jane Saale Tax Officer | 0.5 | $0 | |
Roxanne Wittman Tax Officer | 0.5 | $0 | |
Nicholas Wittman President | 0.5 | $0 | |
Jennifer Wittman Secretary | 0.5 | $0 | |
Jack Combs Asst. Treas. | 0.5 | $0 | |
Hannah Combs Vice Pres. | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $42,741 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,903 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $46,644 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $322 |
| Total operating and administrative expenses | $322 |
| Contributions, gifts, grants paid | $8,320 |
| Total expenses and disbursements | $8,642 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,648 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $147,458 |
| 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, Beem Family Foundation has awarded $8,320 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
GODFREY PARKS & REC DEPT PURPOSE: GENERAL FUND | $1,320 |
PRIDE INC PURPOSE: GENERAL FUND | $2,500 |
5A'S ANIMAL SHELTER PURPOSE: GENERAL FUND | $1,500 |
LEWIS & CLARK COMM COLLEGE FDTN PURPOSE: SCHOLARSHIP PROGRAM | $3,000 |