//
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Beacon Foundation is a private corporation based in PERKINS TWP, ME. The foundation received its IRS ruling in 2014. The principal officer is Leslie A Rosenow. It holds total assets of $616K. Annual income is reported at $407K. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Beacon Foundation has made 6 grants totaling $86K, with a median grant of $10K. Annual giving has grown from $31K in 2020 to $49K in 2023. Individual grants have ranged from $5K to $31K, with an average award of $14K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in New York, Kentucky, Pennsylvania, which account for 83% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Beacon Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 6 grants. Its grantmaking reaches organizations primarily in NY, KY, PA.
Beacon Foundation has distributed a total of $86K across 6 grants. The median grant size is $10K, with an average of $14K. Individual grants have ranged from $5K to $31K.
Beacon Foundation typically selects its grantees rather than accepting unsolicited proposals.
Beacon Foundation is headquartered in PERKINS TWP, ME. While based in ME, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James V Rosenow | Pres & Director | $0 | $0 | N/A |
| Laura C Knie | Sec, Treas & Director | $0 | $0 | N/A |
| Leslie A Rosenow | Director | $0 | $0 | N/A |
Total Giving
$63K
Total Assets
$522K
Fair Market Value
$640K
Net Worth
$522K
Grants Paid
$49K
Contributions
N/A
Net Investment Income
$17K
Distribution Amount
$31K
Total: $468K
Total Grants
6
Total Giving
$86K
Average Grant
$14K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Presbyterian Church (Usa) A CorporationStony Point Center | Louisville, KY | $24K | 2023 |
| New Hempstead Presbyterian ChurchGeneral OperatingExpenses | New City, NY | $10K | 2023 |
| Sankofa Learning CenterGeneral OperatingExpenses | New Haven, CT | $10K | 2023 |
| Philadelphia Independent Mission SchoolsGeneral OperatingExpenses | King Of Prussia, PA | $5K | 2023 |
| Honor Ehg IncGeneral Operating Expenses | Middletown, NY | $31K | 2020 |