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Also known as: FOUNDATION C/O KURT SOMMER
Jack Beaty Educational Scholarship Foundation is a private trust based in SANTA FE, NM. The foundation received its IRS ruling in 2022. It holds total assets of $6.7M. Annual income is reported at $2.2M. The foundation operates in the area of education. According to available records, Jack Beaty Educational Scholarship Foundation has made 2 grants totaling $100K, with a median grant of $50K. Grant recipients are concentrated in New Mexico. Contributions to this foundation are tax-deductible.
Jack Beaty Educational Scholarship Foundation primarily funds organizations in the area of education. Based on available records, the foundation has funded 2 grants. Its grantmaking reaches organizations primarily in NM.
Jack Beaty Educational Scholarship Foundation has distributed a total of $100K across 2 grants. The median grant size is $50K, with an average of $50K. Individual grants have ranged from $50K to $50K.
Jack Beaty Educational Scholarship Foundation typically selects its grantees rather than accepting unsolicited proposals.
Jack Beaty Educational Scholarship Foundation is headquartered in SANTA FE, NM.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Kurt Sommer | TRUSTEE | $0 | $0 | $0 |
| Cheryl Sommer | TRUSTEE | $0 | $0 | $0 |
Total Giving
$311K
Total Assets
$7.1M
Fair Market Value
$7.7M
Net Worth
$7.1M
Grants Paid
$184K
Contributions
$0
Net Investment Income
$92K
Distribution Amount
$354K
Total: $6.7M
Total Grants
2
Total Giving
$100K
Average Grant
$50K
Median Grant
$50K
Unique Recipients
1
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| New Mexico School For The ArtsSCHOLARSHIP | Santa Fe, NM | $50K | 2022 |
ALBUQUERQUE, NM
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