Overview
What is The Beacon Foundation Inc A Non-Profit Corporation?
The Beacon Foundation Inc A Non-Profit Corporation, based in Eagan, Minnesota, is dedicated to providing support to U.S.-based Delta Airlines flight attendants and their families experiencing financial hardships. The foundation offers temporary financial assistance to address essential living expenses during times of serious illness, injury, or disability within the family. Their mission is to restore the dignity of these individuals by alleviating their financial burdens, ensuring they can focus on recovery and healing. With a small team of one dedicated employee, The Beacon Foundation Inc continues to provide vital assistance to those in need within the aviation industry.
Official website here: www.beaconfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66%, Two-Star out of Four Star Rating. The Beacon Foundation Inc's rating indicates some concerns regarding its accountability and finance practices, with a strong emphasis on its merits in governance and transparency. The charity scored well in areas such as having a fully independent board and no material diversion of assets, but it faced significant drawbacks due to the absence of critical policies like a whistleblower policy and document retention practices.
User feedback from Great Nonprofits highlights the positive impact the organization has had on individuals in need. A client review emphasized the life-changing assistance received during a critical time, showcasing the foundation's ability to provide crucial support to those facing financial hardships. This personal testimony illustrates the important role the foundation plays in addressing urgent needs within the community.
However, the program expense ratio of 56.21% suggests that a portion of the funds may not be directly applied to program services, raising concerns for potential donors about the efficiency of the financial resources. While the organization does have strengths in governance, the limitations in its policies and financial management practices warrant consideration for prospective supporters.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Beacon Foundation Inc A Non-Profit Corporation legitimate?
The Beacon Foundation Inc A Non-Profit Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Beacon Foundation Inc A Non-Profit Corporation 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: $12,000
For more financial information, click here
Official website here: www.beaconfoundation.org
What is the mission statement of The Beacon Foundation Inc A Non-Profit Corporation?
The Beacon Foundation Inc, as a non-profit corporation, is dedicated to providing temporary financial assistance to U.S.-based Delta Airlines flight attendants and their families. The mission of this organization is to support flight attendants who are currently unable to work due to their own serious or terminal illness, injury, or disability, or due to the similar circumstances of an immediate family member. The primary objective is to help restore the dignity of these individuals by providing grants to cover necessary living expenses. The Beacon Foundation aims to alleviate financial stress during challenging times, offering a crucial safety net to those in need within the Delta Airlines flight attendant community.
Official website here: www.beaconfoundation.org
Who is the CEO of The Beacon Foundation Inc A Non-Profit Corporation?
Jeff Abrahamson is the President of The Beacon Foundation Inc A Non-Profit Corporation.
Official website here: www.beaconfoundation.org
What is the revenue of The Beacon Foundation Inc A Non-Profit Corporation?
The Beacon Foundation Inc A Non-Profit Corporation's revenue in 2022 was $6,022.
Official website here: www.beaconfoundation.org
Who are the executives of The Beacon Foundation Inc A Non-Profit Corporation and what are their salaries?
The average compensation at The Beacon Foundation Inc A Non-Profit Corporation during 2022 was $12,000. There is 1 employee at The Beacon Foundation Inc A Non-Profit Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.beaconfoundation.org
Where can I find the form 990 for The Beacon Foundation Inc A Non-Profit Corporation?
The Beacon Foundation Inc A Non-Profit Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.beaconfoundation.org
Learn more at the official website: www.beaconfoundation.org
Mission Statement of The Beacon Foundation Inc A Non-Profit Corporation
The Beacon Foundation Inc, a non-profit organization, is dedicated to providing temporary financial aid to U.S.-based Delta Airlines flight attendants and their families. The foundation's mission is rooted in a compassionate response to the challenges that these individuals face when they are unable to work due to their own serious or terminal illnesses, injuries, or disabilities, or when they are providing primary care to an immediate family member suffering from the same.
Recognizing the financial strain that such circumstances can impose, The Beacon Foundation Inc strives to restore the dignity of these flight attendants by offering grants to help them meet their necessary living expenses. The organization's goal is to alleviate the pressure of paying bills during these difficult times, thereby providing a much-needed breath of relief. By offering this assistance, The Beacon Foundation Inc plays a crucial role in supporting the well-being of Delta Airlines flight attendants and their families, ensuring that they can continue to maintain their livelihoods and focus on recovery.
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Impact
August, 2024
The Beacon Foundation Inc provides vital support to U.S.-based Delta Airlines flight attendants and their families during times of financial hardship. By offering temporary financial assistance, the Foundation helps maintain the dignity of flight attendants facing income loss and difficulties in meeting essential expenses. This support not only assists individuals in need but also extends to their immediate family members who may be affected by serious illnesses, injuries, or disabilities. The Beacon Foundation's impact is rooted in its mission to alleviate financial burdens and provide stability for those navigating challenging circumstances within the airline industry.
This information is meant to be a general summary of The Beacon Foundation Inc A Non-Profit Corporation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $1,402
- Gross Receipts: $6,022
Assets and Liabilities:
- Total Assets: $389,641
- Total Liabilities: $0
- Net Assets: $389,641
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Organization Details
Founding Year
2000
Phone
(651) 245-2441Principal Officer
Jeff Abrahamson
Main Address
PO BOX 211756, EAGAN, MN, 55121
Website
www.beaconfoundation.orgNTEE Category
Code: T30 - Philanthropy
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