Robert J Besal Memorial Education Fund
- Assets
- $2.2m
- Revenue
- $100.2k
- Investments
- $1.7m
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- Data as of
- 06/2024
- EIN
- 88-3608928
Organization Overview
Robert J Besal Memorial Education Fund is located in Atlanta, GA. 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. Robert J Besal Memorial Education Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2023, Robert J Besal Memorial Education Fund has awarded 12 individual grants totaling $298,500. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNIVERSITY OF KANSAS. FUNDS WERE REMITTED TO THE UNIVERSITY FOR SCHOLARSHIPS ON BEHALF OF 8 INDIVIDUALS STUDENTS WHOSE FIELD OF STUDY PERTAINED TO ILLUMINATING ENGINEERING DISCLIPLINES.
PENNSYLVANIA STATE UNIVERSITY - FUNDS WERE REMITTED TO THE UNIVERSITY FOR SCHOLARSHIPS ON BEHALF OF 8 INDIVIDUALS STUDENTS WHOSE FIELD OF STUDY PERTAINED TO ILLUMINATING ENGINEERING DISCIPLINES.
UNIVERSITY OF NEBRASKA - OMAHA - FUNDS WERE REMITTED TO THE UNIVERSITY FOR SCHOLARSHIPS ON BEHALF OF 4 INDIVIDUALS STUDENTS WHOSE FIELD OF STUDY PERTAINED TO ILLUMINATING ENGINEERING DISCIPLINES.
UNIVERSITY OF COLORADO - BOULDER - FUNDS WERE REMITTED TO THE UNIVERSITY FOR SCHOLARSHIPS ON BEHALF OF 4 INDIVIDUALS STUDENTS WHOSE FIELD OF STUDY PERTAINED TO ILLUMINATING ENGINEERING DISCIPLINES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tricia Foster Chairman Of The Board | 2 | $0 | |
Shannon Fry Board Director | 1 | $0 | |
Dani Senne Board Director | 1 | $0 | |
Renee Borg Board Director | 1 | $0 | |
Ryan Stewart Board Director | 1 | $0 | |
David Nocar Jr Board Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $30 |
| Interest on Savings | $52 |
| Dividends & Interest | $109,116 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$8,994 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,204 |
| 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 | $201 |
| Total operating and administrative expenses | $201 |
| Contributions, gifts, grants paid | $152,000 |
| Total expenses and disbursements | $152,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $463,544 |
| 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 | $1,504,594 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $2,148 |
| Total assets | $2,194,611 |
| 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, Robert J Besal Memorial Education Fund has awarded $152,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF COLORADO BOULDER PURPOSE: SCHOLARSHIPS FOR 4 INDIVIDUAL STUDENTS. | $17,500 |
UNIVERSITY OF NEBRASKA OMAHA PURPOSE: SCHOLARSHIPS FOR 4 INDIVIDUAL STUDENTS. | $26,000 |
KANSAS STATE UNIVERSITY PURPOSE: SCHOLARSHIPS FOR 5 INDIVIDUAL STUDENTS. | $14,500 |
UNIVERSITY OF KANSAS PURPOSE: SCHOLARSHIPS FOR 8 INDIVIDUAL STUDENTS. | $54,000 |
PENNSYLVANIA STATE UNIVERSITY PURPOSE: SCHOLARSHIPS FOR 8 INDIVIDUAL STUDENTS | $30,000 |
UNIVERSITY OF NEBRASKA LINCOLN PURPOSE: SCHOLARSHIPS TO 3 INDIVIDUAL STUDENTS. | $10,000 |