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Beam Foundation

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

EIN: 352261710 ✦ Coppell, TX ✦ Designated as a 501(c)(3)

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Overview

What is Beam Foundation?

The Beam Foundation is a dedicated nonprofit organization that raises funds through various activities to support numerous charities. Their primary focus includes organizations such as the American Lung Association, Juvenile Diabetes Research Foundation, and Jonathan's Place, among others. By engaging in multiple fundraising functions, the Beam Foundation aims to bolster the work of these charities and contribute positively to their community.


Official website here: www.thebeamfoundation.org

Is Beam Foundation legitimate?

Beam Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beam Foundation submitted a form 990EZ, 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.


Official website here: www.thebeamfoundation.org

What is the mission statement of Beam Foundation?

The Beam Foundation's mission is centered around raising funds through various activities to extend support to various charitable organizations. Some of the beneficiaries include the American Lung Association, Juvenile Diabetes Research Foundation, and Jonathan's Place, among others. The foundation's primary goal is to aid and strengthen charitable organizations within their community.


Official website here: www.thebeamfoundation.org

Who is the CEO of Beam Foundation?

Ken Beam is the President of Beam Foundation.


Official website here: www.thebeamfoundation.org

What is the revenue of Beam Foundation?

Beam Foundation's revenue in 2021 was $114.


Official website here: www.thebeamfoundation.org

Who are the executives of Beam Foundation and what are their salaries?


Here are 2 key members and their salaries:


Ken Beam (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darla Beam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.thebeamfoundation.org

Where can I find the form 990EZ for Beam Foundation?

Beam Foundation's most recent form 990EZ was submitted in 2021 and can be accessed here.


Official website here: www.thebeamfoundation.org

Learn more at the official website: www.thebeamfoundation.org

Mission Statement of Beam Foundation

The Beam Foundation, as a philanthropic organization, is dedicated to raising funds through various functions to aid a multitude of charitable entities. Among these organizations are the American Lung Association, the Juvenile Diabetes Research Foundation, and Jonathan's Place, alongside several other local charities. The primary objective of the Beam Foundation is to offer financial support to these organizations, thereby strengthening their capacity to make a positive impact in their respective communities. By doing so, the Beam Foundation contributes to the broader mission of uplifting various causes and promoting well-being within society.

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Impact




October, 2024

The Beam Foundation has made a significant impact through its fundraising efforts, which benefit multiple charities including the American Lung Association, Juvenile Diabetes Research Foundation, Jonathan's Place, and various local organizations. By organizing diverse functions and events, the foundation has effectively mobilized resources to support these important causes, enhancing the wellbeing of the community in Coppell, TX. The funds raised contribute to vital research, outreach programs, and direct services, addressing critical health issues and supporting vulnerable populations. Through its commitment to philanthropy, the Beam Foundation fosters a culture of giving, encouraging community engagement and collaboration for charitable initiatives.




This information is meant to be a general summary of Beam 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
$114 (2021)
Expenses
$1,130 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $114

Assets and Liabilities:

  • Total Assets: $11,930
  • Total Liabilities: $14,095
  • Net Assets: -$2,165

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Organization Details

Principal Officer

Ken Beam

Main Address

306 AIRLINE DRIVE, COPPELL, TX, 75019

NTEE Category

Code: T30 - Philanthropy

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