BEAUMONT FOUNDATION OF AMERICA: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- BEAUMONT FOUNDATION OF AMERICA (EIN 76-0650506)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-03-25
- IRS object ID
- 202440859349300224
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-03-25T12:53:26-04:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 760699045 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | POLLANS & COHEN PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 7759 | AddressLine1Txt |
| City | BEAUMONT | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77726 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 760650506 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEAUMONT FOUNDATION OF AMERICA | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BEAU | BusinessNameControlTxt |
| Phone | 4098381812 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 ORLEANS STREET FIRST FLOOR | AddressLine1Txt |
| City | BEAUMONT | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77701 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | C EDWARD KELLER | PersonNm |
| Person Title | PRESIDENT & CEO | PersonTitleTxt |
| Phone | 4098381812 | PhoneNum |
| Signature | 2024-03-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | C EDWARD | PersonFirstNm |
| Person Last | KELLER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANA URIBE | PreparerPersonNm |
| PTIN | P01232792 | PTIN |
| Phone | 4098327400 | PhoneNum |
| Preparation | 2024-03-25 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | C EDWARD KELLER | PrincipalOfficerNm |
| Gross Receipts | $8,660,335 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | BMTFOUNDATION.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2000 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | THE BEAUMONT FOUNDATION OF AMERICA AWARDS GRANTS TO BRING ABOUT CIVIC BETTERMENT AND SOCIAL IMPROVEMENTS BY PROVIDING ASSISTANCE TO THE POOR, UNDERSERVED, AND UNDERPRIVILEGED. WE HAVE FIVE MAJOR PROGRAM AREAS - CHILDREN & YOUTH, EDUCATION, HEALTHCARE, SOCIAL SERVICES AND CHILDREN OF FALLEN HEROES. | ActivityOrMissionDesc |
| Voting Members Governing Body | 3 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 3 | VotingMembersIndependentCnt |
| Total Employee | 3 | TotalEmployeeCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| CY Contributions Grants | $0 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,602,068 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,660,335 | CYInvestmentIncomeAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,602,068 | PYTotalRevenueAmt |
| CY Total Revenue | $8,660,335 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $4,166,067 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $4,343,640 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $678,119 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $685,193 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $427,914 | PYOtherExpensesAmt |
| CY Other Expenses | $216,638 | CYOtherExpensesAmt |
| PY Total Expenses | $5,272,100 | PYTotalExpensesAmt |
| CY Total Expenses | $5,245,471 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$2,670,032 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $3,414,864 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $198,772,539 | TotalAssetsBOYAmt |
| Total Assets EOY | $203,930,934 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,236,576 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $5,266,514 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $193,535,963 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $198,664,420 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $1,953,750 | ExpenseAmt |
| Grant | $1,953,750 | GrantAmt |
| Desc | SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,000,000 | ExpenseAmt |
| Grant | $1,000,000 | GrantAmt |
| Desc | SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $693,172 | ExpenseAmt |
| Grant | $693,172 | GrantAmt |
| Desc | SEE SCHEDULE O | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,453,508 | ExpenseAmt |
| Grant | $696,718 | GrantAmt |
| Desc | CHILDREN AND YOUTH PROGRAMS CONSIST PRIMARILY OF PROVIDING CLOTHING FOR CHILDREN IN FOSTER CARE PROGRAMS. CHILDREN IN FOSTER CARE SELDOM HAVE NEW SCHOOL CLOTHES, AS BUDGETS ARE SO SPARCE THAT NEW SCHOOL CLOTHES BECOME A LUXURY. BUT FOR CHILDREN ALREADY FACING NEARLY INSURMOUNTABLE PROBLEMS OF IDENTITY AND WORTH, PEER PRESSURE, AND RIDICULE BASED ON OLD OR INAPPROPRIATE CLOTHING CAN BE DEVASTATING. BEAUMONT FOUNDATION GRANTS WORK IN CLOSE COORDINATION WITH THE MAJOR FOSTER CARE PROVIDERS TO HELP OVERCOME THIS PROBLEM. FINALLY, OUR CHILDREN OF FALLEN HEROES PROGRAM IS A LEGACY OF OUR ORIGINAL MISSION TO PROVIDE TECHNOLOGY GRANTS. THIS PROGRAM PROVIDES LAPTOP COMPUTERS TO DEPENDENT CHILDREN AND SPOUSES OF MILITARY PERSONNEL WHO GAVE THEIR LIVES IN IRAQ OR AFGHANISTAN. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $1,453,508 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $696,718 | TotalOtherProgSrvcGrantAmt |
| Total Program Service Expenses | $5,100,430 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | false | DescribedInSection501c3Ind |
| Schedule B Required | false | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 20 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 3 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 3 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 3 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (true) | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT CRAFT | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4098381812 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 470 ORLEANS ST FIRST FLOOR | AddressLine1Txt |
| City | BEAUMONT | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 77701 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| REAGAN REAUD | ||||||
| CHAIRMAN | 5.00 | Yes (X) | $0 | $0 | $0 | |
| RACHEL ROANE | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| PETER HUNTSMAN | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| C EDWARD KELLER | ||||||
| PRESIDENT & | 40.00 | $270,253 | $0 | $41,776 | Yes (X) | |
| ROBERT CRAFT | ||||||
| GENERAL COUN | 40.00 | $195,000 | $0 | $35,003 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $465,253 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $76,779 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,660,335 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,660,335 | RelatedOrExemptFuncIncomeAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,660,335 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $8,660,335 | RelatedOrExemptFuncIncomeAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,050,640 | TotalAmt |
| Program Services | $4,050,640 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $293,000 | TotalAmt |
| Program Services | $293,000 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $540,253 | TotalAmt |
| Program Services | $446,302 | ProgramServicesAmt |
| Management And General | $93,951 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,345 | TotalAmt |
| Program Services | $92,774 | ProgramServicesAmt |
| Management And General | $19,571 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,595 | TotalAmt |
| Program Services | $26,917 | ProgramServicesAmt |
| Management And General | $5,678 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,000 | TotalAmt |
| Program Services | $6,798 | ProgramServicesAmt |
| Management And General | $6,202 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,863 | TotalAmt |
| Program Services | $2,577 | ProgramServicesAmt |
| Management And General | $286 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,410 | TotalAmt |
| Program Services | $8,467 | ProgramServicesAmt |
| Management And General | $943 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $65,992 | TotalAmt |
| Program Services | $59,393 | ProgramServicesAmt |
| Management And General | $6,599 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $57,454 | TotalAmt |
| Program Services | $51,709 | ProgramServicesAmt |
| Management And General | $5,745 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| MISCELLANEOUS | $46,838 | $42,879 | $3,959 |
| PRINTING AND REPRODUCTION | $10,943 | $9,850 | $1,093 |
| TELEPHONE | $10,138 | $9,124 | $1,014 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,245,471 | TotalAmt |
| Program Services | $5,100,430 | ProgramServicesAmt |
| Management And General | $145,041 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,301,883 | BOYAmt |
| EOY | $1,028,800 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $192,368,734 | BOYAmt |
| EOY | $202,734,631 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,838 | BOYAmt |
| EOY | $1,580 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $32,576 | BOYAmt |
| EOY | $32,426 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $723,215 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $723,215 | LandBldgEquipAccumDeprecAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,508 | BOYAmt |
| EOY | $133,497 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $198,772,539 | BOYAmt |
| EOY | $203,930,934 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,053 | BOYAmt |
| EOY | $4,060 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,161,347 | BOYAmt |
| EOY | $5,128,957 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $68,176 | BOYAmt |
| EOY | $133,497 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,236,576 | BOYAmt |
| EOY | $5,266,514 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,535,963 | BOYAmt |
| EOY | $198,664,420 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $193,535,963 | BOYAmt |
| EOY | $198,664,420 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $198,772,539 | BOYAmt |
| EOY | $203,930,934 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $3,414,864 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $1,713,593 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $133,653 | OtherCostOrOtherBasisAmt |
| Depreciation | $133,653 | DepreciationAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $589,562 | OtherCostOrOtherBasisAmt |
| Depreciation | $589,562 | DepreciationAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LEASE LIABILITY | Desc |
| Amt | $133,497 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $133,497 | TotalLiabilityAmt |
| Total Rev Etc Audited Fincl Stmt | $10,373,928 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $1,713,593 | NetUnrealizedGainsInvstAmt |
| Revenue Not Reported | $1,713,593 | RevenueNotReportedAmt |
| Revenue Subtotal | $8,660,335 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $8,660,335 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $5,245,471 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $5,245,471 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $5,245,471 | TotalExpensesPerForm990Amt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (52 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Cash GrantCashGrantAmt | Recipient EINRecipientEIN | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|
| 913 KVLU PUBIC RADIO | ||||||
| PO BOX 10064 | BEAUMONT | TX | 77710 | $11,228 | ||
| ALL SAINTS CLARK AND WILSON SCHOLAR | ||||||
| 4108 DELAWARE | BEAUMONT | TX | 77706 | $14,000 | 746021045 | |
| ALL SAINTS EPISCOPAL SCHOOL-ENDOWED | ||||||
| 4108 DELAWARE | BEAUMONT | TX | 77706 | $70,000 | 746021045 | |
| AMARILLO CHILDREN'S HOME | ||||||
| 3400 BOWIE STREET | AMARILLO | TX | 79109 | $12,000 | 750800666 | |
| BOULDEN MEMORIAL CHURCH OF GOD IN C | ||||||
| 6615 BIGNER ROAD | BEAUMONT | TX | 77708 | $5,750 | 262802957 | |
| BRAZOS VALLEY FOOD BANK | ||||||
| 1501 INDEPENDENCE AVENUE | BRYAN | TX | 77803 | $30,000 | 742380446 | |
| BUCKNER CHILDREN & FAMILY SERVICES | ||||||
| 700 NORTH PEARL STREET SUITE 1200 | DALLAS | TX | 75201 | $66,300 | 752571395 | |
| CAL FARLEYS | ||||||
| PO BOX 1890 | AMARILLO | TX | 79174 | $32,400 | 750808768 | |
| CARITAS OF WACO | ||||||
| 300 S 15TH STREET | WACO | TX | 76701 | $50,000 | 741711575 | |
| CATHOLIC CHARITIES OF SOUTHEAST TEX | ||||||
| 2780 EASTEX FREEWAY | BEAUMONT | TX | 77703 | $50,000 | 741900345 | |
| CENTRAL TEXAS FOOD BANK | ||||||
| 6500 METROPOLIS DR | AUSTIN | TX | 78744 | $100,000 | 742217350 | |
| COASTAL BEND FOOD BANK | ||||||
| 826 KRILL STREET | CORPUS CHRISTI | TX | 78408 | $50,000 | 742234089 | |
| CONCHO VALLEY REGIONAL FOOD BANK | ||||||
| PO BOX 1207 | SAN ANGELO | TX | 76902 | $30,000 | 751897032 | |
| DEPELCHIN CHILDRENS CENTER | ||||||
| 4950 MEMORIAL DRIVE | HOUSTON | TX | 77007 | $82,500 | 760318867 | |
| EAST TEXAS FOOD BANK | ||||||
| PO BOX 6974 | TYLER | TX | 757116974 | $50,000 | 752222686 | |
| EL PASOANS FIGHTING HUNGER | ||||||
| 9541 PLAZA CIRCLE | EL PASO | TX | 79927 | $100,000 | 452893839 | |
| FOOD BANK OF GOLDEN CRESCENT | ||||||
| 801 S LAURENT ST | VICTORIA | TX | 77901 | $30,000 | 742534561 | |
| FOOD BANK OF WEST CENTRAL TEXAS | ||||||
| 5505 NORTH 1ST STREET | ABILENE | TX | 79603 | $30,000 | 751888192 | |
| FOUNDATION FOR IUP | ||||||
| 1011 SOUTH DRIVE G-1 SUTTON HALL | INDIANA | PA | 15705 | $60,000 | 256087074 | |
| GALVESTON COUNTY FOOD BANK | ||||||
| 624 4TH AVENUE NORTH | TEXAS CITY | TX | 77590 | $30,000 | 200408375 | |
| GREATER GOOD HOPE BAPTIST CHURCH | ||||||
| 2725 W VIRGINIA | BEAUMONT | TX | 77705 | $10,000 | 760399209 | |
| HELPING HAND HOME FOR CHILDREN | ||||||
| 3804 AVENUE B | AUSTIN | TX | 78751 | $24,300 | 741144638 | |
| HIGH PLAINS FOOD BANK | ||||||
| PO BOX 31803 | AMARILLO | TX | 79120 | $50,000 | 751838348 | |
| HOUSTON FOOD BANK | ||||||
| 535 PORTWALL STREET | HOUSTON | TX | 77029 | $100,000 | 742181456 | |
| HUNTSMAN CANCER FOUNDATION | ||||||
| 500 HUNTSMAN WAY | SALT LAKE CITY | UT | 84108 | $1,000,000 | 870541293 | |
| LAMAR UNIVERSITY | ||||||
| 4400 MLK BLVD | BEAUMONT | TX | 77705 | $12,500 | ||
| LOW FAMILY COLLEGE SCHOLARSHIP | ||||||
| 5950 KELLY DRIVE | BEAUMONT | TX | 777073599 | $50,000 | 741395996 | |
| MAGNOLIA MISSIONARY BAPTIST CHURCH | ||||||
| 2830 PINE STEET | BEAUMONT | TX | 77703 | $10,000 | 760093882 | |
| MONSIGNOR KELLY CATHOLIC HS | ||||||
| 5950 KELLY DRIVE | BEAUMONT | TX | 777073599 | $45,000 | 741395996 | |
| MONTGOMERY COUNTY FOOD BANK | ||||||
| 1 FOOD FOR LIFE WAY | CONROE | TX | 77385 | $30,000 | 760153892 | |
| NORTH TEXAS FOOD BANK | ||||||
| 3677 MAPLESHADE LANE | PLANO | TX | 75075 | $100,000 | 751785357 | |
| NUTRITION & SERVICES FOR SENIORS | ||||||
| 4590 CONCORD RD | BEAUMONT | TX | 77703 | $80,000 | 760074037 | |
| PLEASANT HILLS CHILDRENS HOME | ||||||
| PO BOX 1177 | FAIRFELD | TX | 75840 | $18,000 | 711662544 | |
| SAINT'S TEMPLE CHURCH OF GOD IN CHR | ||||||
| 10410 DUSTY LANE | BEAUMONT | TX | 77703 | $5,750 | 760639902 | |
| SAN ANTONIO FOOD BANK | ||||||
| 5200 ENRIQUE M BARRERA PKWY | SAN ANTONIO | TX | 78227 | $100,000 | 742122979 | |
| SAN AUGUSTINE HS COLLEGE SCHOLARSHI | ||||||
| 702 N CLARK ST | SAN AUGUSTINE | TX | 75972 | $125,000 | ||
| SOME OTHER PLACE | ||||||
| PO BOX 843 | BEAUMONT | TX | 77704 | $80,000 | 742103171 | |
| SOUTH PLAINS FOOD BANK | ||||||
| 4612 LOCUST AVE | LUBBOCK | TX | 79404 | $50,000 | 751904829 | |
| SOUTH TEXAS FOOD BANK | ||||||
| 2121 JEFFERSON STREET | LAREDO | TX | 78040 | $30,000 | 742574983 | |
| SOUTHEAST TEXAS FAMILY RESOURCE CEN | ||||||
| 2060 IRVING | BEAUMONT | TX | 77701 | $10,000 | 760589232 | |
| SOUTHEAST TEXAS FOOD BANK | ||||||
| PO BOX 21012 | BEAUMONT | TX | 77720 | $75,000 | 760338721 | |
| ST NICHOLAS CENTER FOR CHILDREN | ||||||
| 2519 RYAN STREET | LAKE CHARLES | LA | 70601 | $20,000 | 260566851 | |
| TARRANT AREA FOOD BANK | ||||||
| 2525 CULLEN STREET | FORT WORTH | TX | 76107 | $100,000 | 751822473 | |
| TEMPLE OF PRAISE COGIC | ||||||
| 1575 MONTROSE ST | BEAUMONT | TX | 77707 | $5,750 | 510660861 | |
| THE CHILDREN'S SHELTER | ||||||
| 2939 WEST WOODLAW AVE | SAN ANTONIO | TX | 78228 | $30,000 | 741109660 | |
| TO BE DETERMINED | ||||||
| 470 ORLEANS ST 1ST FLOOR | BEAUMONT | TX | 77701 | $696,718 | ||
| UPBRING | ||||||
| 8305 CROSS PARK DRIVE | AUSTIN | TX | 78754 | $120,000 | 741109745 | |
| WEST TEXAS FOOD BANK | ||||||
| PO BOX 4242 | ODESSA | TX | 79760 | $30,000 | 752057692 | |
| WICHITA FALLS AREA FOOD BANK | ||||||
| 1230 MIDWESTERN PKWY | WICHITA FALLS | TX | 76307 | $30,000 | 751812865 | |
| GARTH HOUSE | ||||||
| 1895 MCFADDIN AVE | BEAUMONT | TX | 77701 | $50,000 | UNRESTRICTED | |
| COLUMBIA UNIVERSITY LAW SCHOOL | ||||||
| 116TH AND BROADWAY | NEW YORK | NY | 10027 | $48,444 | UNRESTRICTED | |
| LAMAR STATE COLLEGE ORANGE | ||||||
| 410 FRONT STREET | ORANGE | TX | 77630 | $10,000 | ||
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| EXCELLENCE IN EDUCATION | 13 | $235,000 |
| LAPTOPS FOR SCHOLARS | $12,000 | |
| BIBLES & BIKES | 1000 | $46,000 |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (true) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (true) | SubstantiationRequiredInd |
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt |
|---|---|---|---|---|
| C EDWARD KELLER | ||||
| PRESIDENT & CEO | $270,253 | $24,323 | $17,453 | $312,029 |
| ROBERT CRAFT | ||||
| GENERAL COUNSEL, CFO | $195,000 | $17,550 | $17,453 | $230,003 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III | LINE 4A - FIRST ACHIEVEMENT SOCIAL SERVICES GRANTS SUPPORT BASIC NEEDS, SUCH AS FOOD, CLOTHING, SHELTER, AND OTHER AID FOR INDIGENT, LOW INCOME, AND OTHER UNDERSERVED POPULATIONS. THE PRIMARY AREA IS FOOD TO THE POOR THROUGH ORGANIZED FOOD BANK PROGRAMS. GRANTS TO ENHANCE TECHNOLOGY, ECONOMIES OF SCALE AND NEW PARTNERSHIPS HAVE ENABLED FOOD BANKS TO MEET INCREASED DEMAND FOR FOOD TO THOSE MOST IN NEED. SPECIAL ATTENTION HAS BEEN GIVEN TO CHILDREN THROUGH KIDS CAFE AND BACKPACK PROGRAMS AND TO THE RURAL POOR THROUGH RURAL PANTRY PROGRAMS. THE REMAINING GRANTS IN THIS AREA ARE FUND AWARDS FOR EMERGENCY CARE FOR AT RISK POPULATIONS SERVED BY CHURCHES. LINE 4B - SECOND ACHIEVEMENT HEALTHCARE PROGRAMS FALL INTO THREE MAIN CATEGORIES OF IMPROVED ACCESS TO HEALTH CARE FOR THE UNDERSERVED. ONE IS AN OUTREACH PROGRAM TO NATIVE AMERICANS IN WESTERN STATES. THIS ENDEAVOR, CONDUCTED AS PART OF THE HUNTSMAN CANCER OUTREACH PROGRAM, SEEKS TO ENLIST TRIBAL ELDERS IN ENCOURAGING SCREENING AND TREATMENT. OUTREACH IS CONDUCTED BY HEALTHCARE WORKERS WHO ARE NATIVE AMERICAN OR FAMILIAR WITH CUSTOMS OF POTENTIAL CLIENTS. THE SECOND IS A COMMUNITY CLINIC WHICH HELPS CREATE TREATING PHYSICIAN HOMES FOR UNDERSERVED FAMILIES AND INDIVIDUALS. LINE 4C - THIRD ACHIEVEMENT EDUCATION PROGRAMS INCLUDE GRANTS TO SUPPORT EXCEPTIONAL K-12 TEACHERS, GRANTS TO PROVIDE SCHOLARSHIPS TO FIRST GENERATION UNDERSERVED UNIVERSITY STUDENTS, AND GRANTS AND ENDOWMENTS FOR GRADUATE PROGRAMS, PARTICULARLY IN LAW. SPECIAL PROGRAMS ARE ALSO ORGANIZED AROUND INCREASING OPPORTUNITIES FOR UNDERSERVED STUDENTS. THE PRIMARY FOCUS ON K-12 IS IN RECOGNIZING AND SUPPORTING OUTSTANDING TEACHERS THROUGH 10,000 PER TEACHER GRANTS IN SOUTHEAST TEXAS AND EAST TEXAS. BEAUMONT FOUNDATION COLLEGE SCHOLARSHIPS FOLLOW WELL ESTIABLISHED FORMATS AT MULTIPLE UNIVERSITIES TO PROVIDE STUDENT SCHOLARSHIPS AND TO ENDOW LEADERSHIP, ADMINISTRATIVE, AND FACULTY POSITIONS. THE FOUNDATION SUPPORTS A NUMBER OF UNIVERSITIES, WITH SPECIAL EMPHASIS ON LAMAR UNIVERSITY HERE IN BEAUMONT. |
| FORM 990, PAGE 2, PART III, LINE 4D | CHILDREN AND YOUTH PROGRAMS CONSIST PRIMARILY OF PROVIDING CLOTHING FOR CHILDREN IN FOSTER CARE PROGRAMS. CHILDREN IN FOSTER CARE SELDOM HAVE NEW SCHOOL CLOTHES, AS BUDGETS ARE SO SPARCE THAT NEW SCHOOL CLOTHES BECOME A LUXURY. BUT FOR CHILDREN ALREADY FACING NEARLY INSURMOUNTABLE PROBLEMS OF IDENTITY AND WORTH, PEER PRESSURE, AND RIDICULE BASED ON OLD OR INAPPROPRIATE CLOTHING CAN BE DEVASTATING. BEAUMONT FOUNDATION GRANTS WORK IN CLOSE COORDINATION WITH THE MAJOR FOSTER CARE PROVIDERS TO HELP OVERCOME THIS PROBLEM. FINALLY, OUR CHILDREN OF FALLEN HEROES PROGRAM IS A LEGACY OF OUR ORIGINAL MISSION TO PROVIDE TECHNOLOGY GRANTS. THIS PROGRAM PROVIDES LAPTOP COMPUTERS TO DEPENDENT CHILDREN AND SPOUSES OF MILITARY PERSONNEL WHO GAVE THEIR LIVES IN IRAQ OR AFGHANISTAN. |
| FORM 990, PAGE 6, PART VI, LINE 11B | THE FORM 990 IS PREPARED BY OUR OUTSIDE AUDITORS UNDER THE DIRECTION OF CFO ROBERT CRAFT, AND REVIEWED BY PRESIDENT KELLER, AND THEN REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. |
| FORM 990, PAGE 6, PART VI, LINE 12C | WITH ONLY 3 EMPLOYEES AND 3 DIRECTORS, WE ARE A SMALL ORGANIZATION. REGULAR MONITORING AND ENFORCEMENT OF THE CONFLICT OF INTEREST POLICY IS PART OF NORMAL OPERATIONS. ANNUAL REVIEW OF THE POLICY IS ALSO PERFORMED. |
| FORM 990, PAGE 6, PART VI, LINE 15A | THE FOUNDATION USES A NATIONALLY RECOGNIZED COMPENSATION CONSULTANT, LONGNECKER & ASSOCIATES, TO DETERMINE AN APPROPRIATE RANGE OF COMPENSATION FOR OFFICERS AND OTHER EMPLOYEES (THE DIRECTORS SERVE WITHOUT COMPENSATION). THE PERFORMANCE OF THE OFFICERS AND OTHER EMPLOYEES IS ANNUALLY REVIEWED BY THE EXECUTIVE PERFORMANCE AND COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE COMPENSATION IS THEN VOTED UPON BY THE BOARD OF DIRECTORS. |
| FORM 990, PAGE 6, PART VI, LINE 15B | SEE EXPLANATION FOR FORM 990, PART VI, LINE 15A ABOVE. |
| FORM 990, PAGE 6, PART VI, LINE 19 | THE FOUNDATION MAKES ITS DETERMINATION LETTER, FORM 990S, AUDITS, GOVERNING DOCUMENTS, AND CONFLICTS OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. |