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Beefmaster Educational Endowment Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270527219 ✦ Boerne, TX ✦ Designated as a 501(c)(3)

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Overview

What is Beefmaster Educational Endowment Foundation?

The Beefmaster Educational Endowment Foundation is a charitable organization based in Boerne, Texas. Its primary mission is to promote education among members of the Junior Beefmasters Breeders Association (JBBA) by establishing a scholarship fund for academically qualified candidates, irrespective of race, religion, gender, or national origin. Additionally, the foundation supports the dissemination of educational materials about the Beefmaster breed to both the general public and beef breeders. Furthermore, it is dedicated to understanding diseases and ailments affecting cattle, with a focus on breed improvement and ensuring public food safety. The foundation also funds research into Beefmaster genetics and cattle genetics in general, focusing on aspects such as feed efficiency, tenderness, longevity, and other heritable traits, aiming to better serve the cattle industry and the general public. The foundation awards scholarships and grants during the JBBA annual convention and contributes to public education on the characteristics of the Beefmaster breed.

Is Beefmaster Educational Endowment Foundation legitimate?

Beefmaster Educational Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beefmaster Educational Endowment Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Beefmaster Educational Endowment Foundation?

The Beefmaster Educational Endowment Foundation aims to support the educational goals of members of the Junior Beefmasters Breeders Association (JBBA) by establishing a permanent scholarship fund accessible to academically qualified candidates, irrespective of their race, religion, gender, or national origin. The organization also works towards the development, publication, and dissemination of educational materials about the characteristics of the Beefmaster breed to both the general public and beef breeders.

Furthermore, the foundation is committed to increasing understanding of diseases and other ailments affecting cattle in general and Beefmasters specifically, with the goal of breed improvement and ensuring public food safety. Lastly, the foundation funds research into Beefmaster genetics and cattle genetics in general, focusing on areas such as feed efficiency, tenderness, longevity, and other heritable traits, to better serve the cattle industry and the general public with improved products.

Who is the CEO of Beefmaster Educational Endowment Foundation?

Lorenzo Lasater is the President of Beefmaster Educational Endowment Foundation.

What is the revenue of Beefmaster Educational Endowment Foundation?

Beefmaster Educational Endowment Foundation's revenue in 2022 was $224,836.

Who are the executives of Beefmaster Educational Endowment Foundation and what are their salaries?


Here are 12 key members and their salaries:


Lorenzo Lasater (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clark Jones (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debbie Cheatham (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ty Agee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kendall Mckenzie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Fore (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Welkener (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Blau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Long (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Pierson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Don Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Beefmaster Educational Endowment Foundation?

Beefmaster Educational Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Beefmaster Educational Endowment Foundation

The Beefmaster Educational Endowment Foundation is an organization dedicated to supporting various educational goals. Its primary mission is to establish a permanent scholarship fund, open to academically qualified candidates from the Junior Beefmasters Breeders Association (JBBA), without discrimination based on race, religion, gender, or national origin. This initiative aims to empower members of the JBBA and broader community.

The foundation also focuses on assisting in the development, publication, and dissemination of educational materials related to the characteristics of the Beefmaster breed, benefiting both the general public and beef breeders. By increasing knowledge about this breed, the foundation hopes to contribute to the betterment of the cattle industry and the general public, providing them with improved products.

In addition, the Beefmaster Educational Endowment Foundation seeks to advance understanding of the diseases and ailments that affect cattle in general and Beefmasters in particular. The ultimate goal is to improve breed quality and ensure public food safety. Furthermore, the organization supports research into Beefmaster genetics and cattle genetics more broadly, including feed efficiency, tenderness, longevity, and other heritable traits. This research aims to serve the cattle industry and the general public by offering better products.

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Impact




October, 2024

The Beefmaster Educational Endowment Foundation significantly impacts the educational landscape for young individuals involved in the Junior Beefmasters Breeders Association (JBBA). By establishing a permanent scholarship fund, it provides academically qualified candidates with financial resources to pursue their education, promoting inclusivity regardless of race, religion, gender, or national origin.

In addition to scholarships, the foundation actively contributes to the broader cattle industry by developing, publishing, and disseminating educational materials that inform both the public and breeders about the unique characteristics of the Beefmaster breed. This effort not only enhances knowledge but also fosters a better understanding of cattle health, including the diseases that affect both beef cattle in general and Beefmasters specifically.

The foundation's commitment to research plays a critical role in advancing the field of cattle genetics. By funding studies focused on areas such as feed efficiency, tenderness, and longevity, it aims to improve the overall quality of beef products in the market. This research not only benefits cattle breeders but also assures public food safety, thereby serving the interests of the entire community.




This information is meant to be a general summary of Beefmaster Educational Endowment Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$224,836 (2022)
Expenses
$43,833 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,032
  • Gross Receipts: $224,906

Assets and Liabilities:

  • Total Assets: $1,271,339
  • Total Liabilities: $6,005
  • Net Assets: $1,265,334

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Organization Details

Founding Year

2009

Principal Officer

Lorenzo Lasater

Main Address

234 W BANDERA RD 184, BOERNE, TX, 78006

NTEE Category

Code: B82 - Education

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