BEACON FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BEACON FOUNDATION (EIN 85-4065871)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-05-05
- IRS object ID
- 202341259349101409
- Schema version
- 2022v5.0
- 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
- Form 990-PF
- Schedule B
- Expenditure Responsibility Stmt
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-05T10:11:56-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521446779 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHNSON LAMBERT LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4242 SIX FORKS ROAD SUITE 1500 | AddressLine1Txt |
| City | RALEIGH | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27609 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 854065871 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BEACON FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BEAC | BusinessNameControlTxt |
| Phone | 4018252667 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BEACON CENTRE | AddressLine1Txt |
| City | WARWICK | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 028861378 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GREGG TUMEINSKI | PersonNm |
| Person Title | CFO & TREASURER | PersonTitleTxt |
| Phone | 4018252667 | PhoneNum |
| Signature | 2023-05-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | GREGG | PersonFirstNm |
| Person Last | TUMEINSKI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | J CALVIN MARKS | PreparerPersonNm |
| PTIN | P01226973 | PTIN |
| Phone | 9197196400 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $3,295,103 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $227 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $227 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $42,760 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $42,760 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,631 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $273,368 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,041,356 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $42,987 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,860 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $3,860 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $14,411 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,660 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $11,751 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $755 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,864 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $1,864 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $20,890 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,660 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $17,475 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $111,263 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $111,263 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $132,153 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,660 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $128,738 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $909,203 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $40,327 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $43,238 | CashBOYAmt |
| Cash EOY | $46,108 | CashEOYAmt |
| Cash EOYFMV | $46,108 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $68,857 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $132,408 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $132,408 | SavAndTempCashInvstEOYFMVAmt |
| Pledges Rcvbl | $1,000,000 | PledgesRcvblAmt |
| Pledges Rcvbl EOY | $1,000,000 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $1,000,000 | PledgesRcvblEOYFMVAmt |
| Corporate Stock BOY | $1,700,944 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,468,906 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $1,468,906 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $841,309 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $647,681 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $647,681 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $2,654,348 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,295,103 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $3,295,103 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $2,654,348 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $3,295,103 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,654,348 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,295,103 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,654,348 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $3,295,103 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,654,348 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $909,203 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,563,551 | SubtotalAmt |
| Other Decreases | $268,448 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,295,103 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| UNITED STATES TREASURY NOTE | P | 2021-12-31 | 2022-01-31 | $15,000 | $15,000 | $0 | $0 |
| UNITED STATES TREASURY NOTE | P | 2021-12-31 | 2022-12-20 | $48,748 | $49,994 | -$1,246 | -$1,246 |
| US TREASURY NIB | P | 2021-12-31 | 2022-02-15 | $54,864 | $55,003 | -$139 | -$139 |
| US TREASURY NIB | P | 2021-12-31 | 2022-03-23 | $49,900 | $50,002 | -$102 | -$102 |
| UNITED STATES TREASURY NOTE | P | 2021-12-31 | 2022-12-20 | $104,856 | $105,000 | -$144 | -$144 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$1,631 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $561 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $561 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $561 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $561 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | RI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 0 | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | BEACONMUTUAL.COM/THE-BEACON-FOUNDATION/ | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AMY C VITALE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4018252667 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BEACON CENTRE | AddressLine1Txt |
| City | WARWICK | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 028861378 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (8 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BRIAN J SPERO | ||||||||
| ONE BEACON CENTRE | WARWICK | RI | 028861378 | PRESIDENT, CEO & DIRECTOR | 1.00 | $0 | $0 | $0 |
| AMY C VITALE | ||||||||
| ONE BEACON CENTRE | WARWICK | RI | 028861378 | VICE PRESIDENT, SECRETARY & DIRECTOR | 1.00 | $0 | $0 | $0 |
| GREGG C TUMEINSKI | ||||||||
| ONE BEACON CENTRE | WARWICK | RI | 028861378 | CFO & TREASURER | 1.00 | $0 | $0 | $0 |
| PAMELA L ALARIE | ||||||||
| ONE BEACON CENTRE | WARWICK | RI | 028861378 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| RAJANI MAHADEVAN | ||||||||
| ONE BEACON CENTRE | WARWICK | RI | 028861378 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| RICHARD LENTO | ||||||||
| ONE BEACON CENTRE | WARWICK | RI | 028861378 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| RAYMOND C COIA | ||||||||
| ONE BEACON CENTRE | WARWICK | RI | 028861378 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| MICHELLE PELLETIER | ||||||||
| ONE BEACON CENTRE | WARWICK | RI | 028861378 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | CHARITABLE GIVING AND GRANT MAKING TO 501(C)(3) ORGANIZATIONS. THE FOUNDATION SUPPORTED 89 ORGANIZATIONS DURING THE YEAR. | Description1Txt |
| Expenses1 | $128,738 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,228,633 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $118,431 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,347,064 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,347,064 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $35,206 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,311,858 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $115,593 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $115,593 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $561 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $561 | TotalTaxAmt |
| Distributable Before Adj | $115,032 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $115,032 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $115,032 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $128,738 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $128,738 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $115,032 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,418 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $128,738 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,418 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $115,032 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $10,288 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $10,288 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $10,288 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $10,288 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | AMY C VITALE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BEACON CENTRE | AddressLine1Txt |
| City | WARWICK | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 028861378 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 4018252681 | RecipientPhoneNum |
| Recipient Email Address | AVITALE@BEACONMUTUAL.COM | RecipientEmailAddressTxt |
| Form And Info And Materials | NAME AND ADDRESS; PRINCIPAL DIRECTOR'S NAME; STATUS AS A QUALIFIED 501 (C)(3) ORGANIZATION; STATEMENT OF THE NATURE AND PRINCIPAL PURPOSE OF THE FUNDING REQUEST; DETAILS ON HOW THE REQUEST WILL IMPROVE THE STATE OF RHODE ISLAND AND SUPPORT ITS BUSINESS, EDUCATIONAL, NONPROFIT AND CULTURAL COMMUNITY; CONTACT INFORMATION FOR THE REQUEST; AND THE WEB ADDRESS. REQUESTS FOR FUNDING OF $5,000 OR LESS SHOULD BE MADE ON THE ORGANIZATION'S LETTERHEAD. REQUESTS OF GREATER THAN $5,000 MAY BE MADE ON A WRITTEN GRANT APPLICATION WHICH, AMONG OTHER DETAILS, MAY INCLUDE THE FOLLOWING: STATEMENT OF THE PRINCIPAL PURPOSE OF THE ORGANIZATION, INCLUDING DETAIL REGARDING ITS PROJECTS AND GOALS; FINANCIAL AUDIT, COMPILATION OR REVIEW; DETAILS OF THE ORGANIZATION'S CURRENT OPERATING BUDGET AND REASONABLE AND ADEQUATE ACCOUNTING PROCEDURE; AND THE ORGANIZATION'S SOURCES OF INCOME, SUCH AS MAJOR CONTRIBUTORS OR SUPPORTERS, OTHER GRANTS, PRIVATE ENDOWMENTS AND COMMERCIAL ACTIVITIES. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NOT APPLICABLE, SUBMISSIONS ARE ROLLING. | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE BOARD, AT ITS DISCRETION, MAY REFUSE TO MAKE ANY GRANTS OR CONTRIBUTIONS OR OTHER FINANCIAL ASSISTANCE. THE BOARD HAS THE DISCRETION TO WITHDRAW ITS APPROVAL OF ANY FUNDING AT ANY TIME. THE BOARD MAY DETERMINE WHEN TO REQUIRE THAT FUNDING RECIPIENTS FURNISH A PERIODIC AND/OR FINAL ACCOUNTING TO SHOW THAT THE FUNDS WERE EXPENDED FOR BOARD-APPROVED PURPOSES. IF INSUFFICIENT INFORMATION IS PROVIDED, THE BOARD MAY REQUEST FURTHER INFORMATION. ALL DECISIONS ARE AT THE SOLE DISCRETION OF THE BOARD. UNLESS OTHERWISE DETERMINED BY THE BOARD, AWARDED GRANTS MUST BE SPENT WITHIN ONE YEAR OF THE FUNDING DATE OR THE FUNDS MUST BE RETURNED. IN THE EVENT THAT THE ORIGINAL PURPOSE FOR WHICH THE GRANT WAS PROVIDED CANNOT BE ACCOMPLISHED BECAUSE OF UNFORESEEN EVENTS OR CIRCUMSTANCES, GRANT FUNDS WILL BE RETURNED TO THE FOUNDATION. ANY REQUESTS TO CHANGE THE PURPOSE OF THE GRANT MUST BE SUBMITTED IN WRITING TO THE BOARD, AND CHANGE REQUESTS MUST BE SUBMITTED AND APPROVED PRIOR TO USE OF THE FUNDS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (89 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| RHODE ISLAND INSTITUTE FOR LABOR STUDIES AND RES | ||||||
| 1540 PONTIAC AVE STE A | CRANSTON | RI | 02920 | PC | GENERAL SUPPORT | $20,000 |
| CROSSROADS RHODE ISLAND | ||||||
| 160 BROAD ST | PROVIDENCE | RI | 02903 | PC | GENERAL SUPPORT | $5,225 |
| RHODE ISLAND CPCU SCHOLARSHIP FUND | ||||||
| 100 AMICA WY | LINCOLN | RI | 02865 | PC | GENERAL SUPPORT | $5,000 |
| COMMUNITY COLLEGE OF RHODE ISLAND FOUNDATION | ||||||
| 1762 LOUISQUISSET PIKE | LINCOLN | RI | 02865 | PC | GENERAL SUPPORT | $4,000 |
| MEETING STREET | ||||||
| 1000 EDDY ST | PROVIDENCE | RI | 02905 | PC | GENERAL SUPPORT | $3,000 |
| NEWPORT COUNTY YMCA | ||||||
| 792 VALLEY RD | MIDDLETOWN | RI | 02842 | PC | GENERAL SUPPORT | $2,550 |
| OPERATION STAND DOWN RHODE ISLAND | ||||||
| 1010 HARTFORD AVE | JOHNSTON | RI | 02919 | PC | GENERAL SUPPORT | $2,525 |
| GREGGS GIVING TREE INC | ||||||
| 214B MAIN ST | EAST GREENWICH | RI | 02818 | PC | GENERAL SUPPORT | $2,500 |
| HOPEHEALTH HOSPICE AND PALLIATIVE CARE RI | ||||||
| 1085 NORTH MAIN ST | PROVIDENCE | RI | 02904 | PC | GENERAL SUPPORT | $2,100 |
| ANGELS GIVING BACK | ||||||
| 7 JOSEPHINE DR | SMITHFIELD | RI | 02917 | PC | GENERAL SUPPORT | $2,000 |
| HOPE ALZHEIMERS CENTER | ||||||
| 25 BRAYTON AVE | CRANSTON | RI | 02920 | PC | GENERAL SUPPORT | $2,000 |
| SPECIAL OLYMPICS RHODE ISLAND | ||||||
| 370 GEORGE WASHINGTON HWY | SMITHFIELD | RI | 02917 | PC | GENERAL SUPPORT | $2,000 |
| RHODE ISLAND ZOOLOGICAL SOCIETY | ||||||
| 1000 ELMWOOD AVE | PROVIDENCE | RI | 02907 | PC | GENERAL SUPPORT | $1,800 |
| RHODE ISLAND COMMUNITY FOOD BANK ASSOCIATION | ||||||
| 200 NIANTIC AVE | PROVIDENCE | RI | 02907 | PC | GENERAL SUPPORT | $1,725 |
| RHODE ISLAND SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS | ||||||
| 186 AMARAL ST | RIVERSIDE | RI | 02915 | PC | GENERAL SUPPORT | $1,700 |
| RONALD MCDONALD HOUSE CHARITIES OF NEW ENGLAND INC | ||||||
| 45 GAY ST | PROVIDENCE | RI | 02905 | PC | GENERAL SUPPORT | $1,963 |
| SOJOURNER HOUSE INC | ||||||
| 386 SMITH ST | PROVIDENCE | RI | 02908 | PC | GENERAL SUPPORT | $1,700 |
| HOUSE OF HOPE COMMUNITY DEVELOPMENT CORPORATION | ||||||
| 3188 POST RD | WARWICK | RI | 02886 | PC | GENERAL SUPPORT | $1,600 |
| AMERICAN CANCER SOCIETY INC | ||||||
| 3380 CHASTAIN MEADOWS PKWY STE 200 | KENNESAW | GA | 30144 | PC | GENERAL SUPPORT | $1,500 |
| FIRSTWORKS | ||||||
| 275 WESTMINSTER ST | PROVIDENCE | RI | 02903 | PC | GENERAL SUPPORT | $1,500 |
| FOUR HEARTS FOUNDATION | ||||||
| 106 CARNEGIE HARBOR DR | PORTSMOUTH | RI | 02871 | PC | GENERAL SUPPORT | $1,500 |
| THE MIRIAM HOSPITAL FOUNDATION | ||||||
| 167 POINT ST | PROVIDENCE | RI | 02903 | PC | GENERAL SUPPORT | $1,500 |
| WE SHARE HOPE | ||||||
| 310 BOURNE AVE BDG 70 | RUMFORD | RI | 02916 | PC | GENERAL SUPPORT | $1,500 |
| BIG BROTHER BIG SISTERS OF RHODE ISLAND | ||||||
| 188 VALLEY ST STE 125 | PROVIDENCE | RI | 02909 | PC | GENERAL SUPPORT | $1,325 |
| CHILDRENS FRIEND AND SERVICE | ||||||
| 153 SUMMER ST | PROVIDENCE | RI | 02903 | PC | GENERAL SUPPORT | $1,300 |
| THUNDERMIST HEALTH CENTER | ||||||
| 25 JOHN A CUMMINGS WY | WOONSOCKET | RI | 02895 | PC | GENERAL SUPPORT | $1,100 |
| ALS ASSOCIATION RHODE ISLAND CHAPTER | ||||||
| 2374 POST RD STE 103 | WARWICK | RI | 02886 | PC | GENERAL SUPPORT | $1,050 |
| A WISH COME TRUE INC | ||||||
| 1010 WARWICK AVE | WARWICK | RI | 02888 | PC | GENERAL SUPPORT | $1,000 |
| ACCESSPOINT RI CHARTIFY | ||||||
| 111 COMSTOCK PKWY | CRANSTON | RI | 02921 | PC | GENERAL SUPPORT | $1,000 |
| AMENITY AID | ||||||
| 55 JEFFERSON BLVD LL4 | WARWICK | RI | 02888 | PC | GENERAL SUPPORT | $1,000 |
| ARTHRITIS FOUNDATION INC | ||||||
| 1355 PEACHTREE ST NE STE 600 | ATLANTA | GA | 30309 | PC | GENERAL SUPPORT | $1,000 |
| BOYS AND GIRLS CLUB OF PAWTUCKET | ||||||
| ONE MOELLER PL | PAWTUCKET | RI | 02860 | PC | GENERAL SUPPORT | $1,000 |
| CENTER FOR DYNAMIC LEARNING | ||||||
| 1 LOUISA ST | PROVIDENCE | RI | 02905 | PC | GENERAL SUPPORT | $1,000 |
| CHILD AND FAMILY SERVICES OF NEWPORT COUNTY INC | ||||||
| 31 JOHN CLARKE RD | MIDDLETOWN | RI | 02842 | PC | GENERAL SUPPORT | $1,000 |
| DR MARTIN LUTHER KING JR COMMUNITY CENTER | ||||||
| 20 DR MARCUS WHEATLAND BLVD | NEWPORT | RI | 02840 | PC | GENERAL SUPPORT | $2,000 |
| THE DAVINCI CENTER FOR COMMUNITY PROGRESS INC | ||||||
| 470 CHARLES ST | PROVIDENCE | RI | 02904 | PC | GENERAL SUPPORT | $1,000 |
| LOOKING UPWARDS INC | ||||||
| 438 EAST MAIN RD | MIDDLETOWN | RI | 02842 | PC | GENERAL SUPPORT | $1,000 |
| RHODE ISLAND FOR COMMUNITY AND JUSTICE | ||||||
| 271 NORTH MAIN ST | PROVIDENCE | RI | 02903 | PC | GENERAL SUPPORT | $1,000 |
| THE RHODE ISLAND FREE CLINIC INC | ||||||
| 655 BROAD ST | PROVIDENCE | RI | 02907 | PC | GENERAL SUPPORT | $1,000 |
| RHODE ISLAND WIND ENSEMBLE | ||||||
| 33 BLUEBERRY LN | NORTH SCITUATE | RI | 02857 | PC | GENERAL SUPPORT | $1,000 |
| THE SALVATION ARMY SOUTHERN NEW ENGLAND DIVISION | ||||||
| 440 WEST NYACK RD | WEST NYACK | NY | 10994 | PC | GENERAL SUPPORT | $1,000 |
| TIDES FAMILY SERVICES INC | ||||||
| 215 WASHINGTON ST | WEST WARWICK | RI | 02893 | PC | GENERAL SUPPORT | $1,000 |
| TIMES2 ACADEMY | ||||||
| 50 FILMORE ST | PROVIDENCE | RI | 02908 | PC | GENERAL SUPPORT | $1,000 |
| WARWICK CENTER FOR THE ARTS | ||||||
| 3259 POST RD | WARWICK | RI | 02886 | PC | GENERAL SUPPORT | $1,000 |
| MCAULEY MINISTRIES | ||||||
| 622 ELMWOOD AVE | PROVIDENCE | RI | 02907 | PC | GENERAL SUPPORT | $900 |
| MEALS ON WHEELS OF RI INC | ||||||
| 70 BATH ST | PROVIDENCE | RI | 02908 | PC | GENERAL SUPPORT | $800 |
| BUTTON HOLE | ||||||
| ONE BUTTON HOLE DR STE 1 | PROVIDENCE | RI | 02909 | PC | GENERAL SUPPORT | $750 |
| PROGESO LATINO INC | ||||||
| 626 BROAD ST | CENTRAL FALLS | RI | 02863 | PC | GENERAL SUPPORT | $700 |
| THE CONFETTI FOUNDATION | ||||||
| 212 OLD AIRPORT RD | MIDDLETOWN | RI | 02842 | PC | GENERAL SUPPORT | $625 |
| LEADERSHIP RHODE ISLAND | ||||||
| 1570 WESTMINSTER ST | PROVIDENCE | RI | 02909 | PC | GENERAL SUPPORT | $625 |
| RHODE ISLAND BUSINESS DEVELOPMENT INSTITUTE INC | ||||||
| 3 REGENCY PLAZA STE 3E | PROVIDENCE | RI | 02903 | PC | GENERAL SUPPORT | $550 |
| AMERICAN HEART ASSOCIATION | ||||||
| 1 STATE ST | PROVIDENCE | RI | 02908 | PC | GENERAL SUPPORT | $500 |
| AMOS HOUSE | ||||||
| 460 PINE ST | PROVIDENCE | RI | 02907 | PC | GENERAL SUPPORT | $500 |
| AQUIDNECK LAND TRUST | ||||||
| 790 AQUIDNECK AVE | MIDLETOWN | RI | 02842 | PC | GENERAL SUPPORT | $500 |
| THE ARC OF BLACKSTONE VALLEY | ||||||
| 500 PROSPECT ST 203 | PAWTUCKET | RI | 02860 | PC | GENERAL SUPPORT | $500 |
| CITY OF WARWICK - NEIGHBORS HELPING NEIGHBORS | ||||||
| 27 PILGRIM PKWY | WARWICK | RI | 02888 | MUNICIPALITY | GENERAL SUPPORT | $500 |
| CLOTHES TO KIDS RI INC | ||||||
| 77 RESERVOIR AVE | PROVIDENCE | RI | 02907 | PC | GENERAL SUPPORT | $500 |
| CONNECTING FOR CHILDREN AND FAMILIES INC | ||||||
| 46 HOPE ST | WOONSOCKET | RI | 02895 | PC | GENERAL SUPPORT | $500 |
| EAST BAY COMMUNITY ACTION PROGRAM | ||||||
| 19 BROADWAY | NEWPORT | RI | 02840 | PC | GENERAL SUPPORT | $500 |
| MAE ORGANIZATION FOR THE HOMELESS | ||||||
| 1221 RESERVOIR AVE | CRANSTON | RI | 02920 | PC | GENERAL SUPPORT | $500 |
| THE MANTON AVENUE PROJECT | ||||||
| 55 PUTNAM ST | PROVIDENCE | RI | 02909 | PC | GENERAL SUPPORT | $500 |
| NEA RHODE ISLAND CHILDREN'S FUND | ||||||
| 99 BALD HILL RD | CRANSTON | RI | 02920 | PC | GENERAL SUPPORT | $500 |
| SMITHFIELD YMCA | ||||||
| 15 DEERFIELD DR | GREENVILLE | RI | 02828 | PC | GENERAL SUPPORT | $500 |
| WESTERLY AREA REST MEALS INC | ||||||
| 56 SPRUCE ST | WESTERLY | RI | 02891 | PC | GENERAL SUPPORT | $500 |
| WOOD RIVER HEALTH SERVICES INC | ||||||
| 823 MAIN ST | HOPE VALLEY | RI | 02832 | PC | GENERAL SUPPORT | $500 |
| YOUTH PRIDE INC | ||||||
| 743 WESTMINSTER ST | PROVIDENCE | RI | 02903 | PC | GENERAL SUPPORT | $500 |
| GREATER PROVIDENCE YOUNG MENS CHRISTIAN ASSOC | ||||||
| 21 PEACE ST FLR 6 | PROVIDENCE | RI | 02907 | PC | GENERAL SUPPORT | $425 |
| DORCUS INTERNATIONAL INSTITUTE OF RI | ||||||
| SVE 645 ELMWOOD AVE | PROVIDENCE | RI | 02907 | PC | GENERAL SUPPORT | $400 |
| GIRL SCOUTS OF SOUTHEASTERN NEW ENGLAND | ||||||
| 500 GREENWICH AVE | WARWICK | RI | 02886 | PC | GENERAL SUPPORT | $400 |
| NAACP PROVIDENCE BRANCH | ||||||
| 7 THOMAS P WHITTEN WY | PROVIDENCE | RI | 02903 | 501(C)(4) | GENERAL SUPPORT | $400 |
| THE PROVIDENCE COMMUNITY HEALTH CENTERS INC | ||||||
| 375 ALLENS AVE | PROVIDENCE | RI | 02905 | PC | GENERAL SUPPORT | $350 |
| BOYS AND GIRLS CLUBS OF WARWICK | ||||||
| 42 FREDERICK ST | WARWICK | RI | 02888 | PC | GENERAL SUPPORT | $300 |
| CLEAN OCEAN ACCESS | ||||||
| 21 JOHN CLARKE RD | MIDDLETOWN | RI | 02842 | PC | GENERAL SUPPORT | $300 |
| J ARTHUR TRUDEAU MEMORIAL CENTER | ||||||
| 3445 POST RD | WARWICK | RI | 02886 | PC | GENERAL SUPPORT | $300 |
| RHODE ISLAND PRIDE | ||||||
| PO BOX 1082 | PROVIDENCE | RI | 02901 | PC | GENERAL SUPPORT | $300 |
| RI PHILHARMONIC ORCHESTRA AND MUSIC SCHOOL | ||||||
| 667 WATERMAN AVE | EAST PROVIDENCE | RI | 02914 | PC | GENERAL SUPPORT | $300 |
| HORACE MANN EDUCATIONAL ASSOCIATES | ||||||
| 8 FORGE PARK EAST | FRANKLIN | MA | 02038 | PC | GENERAL SUPPORT | $250 |
| OCEAN TIDES CHRISTIAN BROTHERS CHARITABLE TRUST | ||||||
| 635 OCEAN RD | NARRANGANSETT | RI | 02882 | PC | GENERAL SUPPORT | $250 |
| SARGENT REHABILITATION CENTER | ||||||
| 800 QUAKER LN | WARWICK | RI | 02818 | PC | GENERAL SUPPORT | $250 |
| THRIVE BEHAVIORAL HEALTH INC | ||||||
| 2756 POST RD STE 104 | WARWICK | RI | 02886 | PC | GENERAL SUPPORT | $200 |
| CLEMENTS MARKETPLACE CHARITY GOLF CLASSIC | ||||||
| 2575 EAST MAIN RD | PORTSMOUTH | RI | 02871 | NC | GENERAL SUPPORT | $150 |
| YMCA OF PAWTUCKET INC | ||||||
| 8 SUMMER ST LOWER LVL | PAWTUCKET | RI | 02860 | PC | GENERAL SUPPORT | $150 |
| FAMILY SERVICES OF RHODE ISLAND INC | ||||||
| 55 HOPE ST | PROVIDENCE | RI | 02940 | PC | GENERAL SUPPORT | $100 |
| PACE ORGANIZATION OF RHODE ISLAND | ||||||
| 225 CHAPMAN ST | PROVIDENCE | RI | 02905 | PC | GENERAL SUPPORT | $100 |
| SKILLS FOR RHODE ISLANDS FUTURE | ||||||
| 30 EXCHANGE TERRACE FLR 1 | PROVIDENCE | RI | 02903 | PC | GENERAL SUPPORT | $100 |
| PANCREATIC CANCER ACTION NETWORK INC | ||||||
| 1500 ROSECRANS AVE STE 200 | MANHATTAN BEACH | CA | 90266 | PC | GENERAL SUPPORT | $50 |
| ADOPTION RHODE ISLAND | ||||||
| 290 WEST EXCHANGE ST STE 100 | PROVIDENCE | RI | 02903 | PC | GENERAL SUPPORT | $25 |
| FEDERAL HILL HOUSE ASSOCIATION INC | ||||||
| 9 COURTLAND ST | PROVIDENCE | RI | 02909 | PC | GENERAL SUPPORT | $25 |
| FRIENDS OF HOMELESS ANIMALS INC | ||||||
| 226 INDIAN TR | SAUNDERSTOWN | RI | 02874 | PC | GENERAL SUPPORT | $25 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $111,263 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $227 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $42,760 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | -$1,631 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $41,356 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $41,356 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | Yes (1) | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
Transfer Schedule Detail TransferScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 1a(1) | LineNumberTxt |
| Involved | $400 | InvolvedAmt |
Noncharitable Exempt Org Name NoncharitableExemptOrgName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NAACP PROVIDENCE BRANCH | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transfers Trans And Shr Arrngm | GENERAL SUPPORT | TransfersTransAndShrArrngmDesc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE BEACON MUTUAL INSURANCE COMPANY | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE BEACON CENTRE | AddressLine1Txt |
| City | WARWICK | CityNm |
| State Abbreviation | RI | StateAbbreviationCd |
| ZIP | 02886 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt |
|---|---|---|---|---|---|---|---|
| NAACP PROVIDENCE BRANCH | |||||||
| 7 THOMAS P WHITTEN WY | PROVIDENCE | RI | 02963 | 2022-04-27 | $400 | NAACP PROVIDENCE BRANCH IS ORGANIZED UNDER 501(C)(4) AND IS ORGANIZED EXCLUSIVELY TO PROMOTE SOCIAL WELFARE. THEIR OPERATING REQUIREMENTS UNDER 501(C)(4) ARE IN LINE WITH BEACON FOUNDATION'S CHARITABLE MISSION. | $400 |
| CLEMENTS MARKETPLACE CHARITY GOLF CLASSIC | |||||||
| 2575 EAST MAIN RD | PORTSMOUTH | RI | 02871 | 2022-07-06 | $150 | CLEMENTS MARKETPLACE HOSTS AN ANNUAL CHARITY EVENT WHEREIN ALL PROCEEDS ARE SUBSEQUENTLY DONATED TO PUBLIC CHARITIES. THIS GRANT WAS IN SPONSORSHIP OF THIS ANNUAL EVENT. | $150 |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | UNDER RHODE ISLAND LAW, THE BEACON FOUNDATION IS NOT REQUIRED TO FURNISH A COPY OF ITS 990-PF FILING TO THE ATTORNEY GENERAL FOR THE STATE OF RHODE ISLAND. | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $647,681 | EOYBookValueAmt |
| EOYFMV | $647,681 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | $1,468,906 | EOYBookValueAmt |
| EOYFMV | $1,468,906 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legal Fees | $3,860 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,860 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED LOSSES | Desc |
| Amt | $268,448 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $1,821 | $0 | $1,821 |
| MISCELLANEOUS | $43 | $0 | $43 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING | $11,751 | $0 | $11,751 |
| INVESTMENT EXPENSE | $2,660 | $2,660 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX ON INVESTMENT INCOME | CategoryTxt |
| Amt | $755 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |