Overview
What is Beckman Endowment Fund?
The Beckman Endowment Fund is a nonprofit organization based in Dyersville, Iowa. Its primary objective is to support the educational growth of Beckman Catholic High School by promoting and providing financial aid. This is achieved through annual fundraising campaigns, such as the Annual Appeal Fund-drive, which raises approximately $175,000 from alumni, parents, and benefactors of the school. The funds help offset the per-student cost. In addition, the organization has undertaken a capital campaign in recent years, generating over $7 million in cash and pledges for endowment funds and capital improvements at Beckman Catholic High School. The mission of the Beckman Endowment Corporation is to fund Catholic education, achieved through promotion of planned gifts, solicitation of capital funds, and prudent investment to preserve principal and grow assets.
Is Beckman Endowment Fund legitimate?
Beckman Endowment Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beckman Endowment Fund 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:
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What is the mission statement of Beckman Endowment Fund?
The Beckman Endowment Fund's mission is centered around supporting Catholic education. Specifically, its mission is carried out by the Beckman Endowment Corporation, which aims to generate funds for Beckman Catholic High School. This is achieved through various means, including promoting Planned Gifts, soliciting Capital funds, and prudently investing to preserve principal and grow assets. The funds collected are utilized to enhance the educational experience for students at Beckman Catholic High School, helping to offset the per-student cost and contributing to capital improvements. The fund raises funds through annual appeal drives and capital campaigns, with significant contributions from alumni, parents, and benefactors of Beckman High School.
Who is the CEO of Beckman Endowment Fund?
Chris Salrin is the President of Beckman Endowment Fund.
What is the revenue of Beckman Endowment Fund?
Beckman Endowment Fund's revenue in 2023 was $191,044.
Who are the executives of Beckman Endowment Fund and what are their salaries?
There 10 volunteers at Beckman Endowment Fund.
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Where can I find the form 990 for Beckman Endowment Fund?
Beckman Endowment Fund's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Beckman Endowment Fund
The Beckman Endowment Fund, a dedicated organization, is committed to supporting Beckman Catholic High School by fostering an educational environment rooted in Catholic teachings. The Beckman Endowment Corporation's mission is to accomplish this objective by generating funds for the school. They achieve this goal through various strategies, including the promotion of Planned Gifts, the solicitation of Capital funds, and the prudent management of assets to ensure the growth and preservation of the principal. The funds raised by the endowment are utilized to aid in offsetting the per-student cost and providing additional support to the students of Beckman Catholic High School. The organization has successfully conducted fundraising initiatives, such as the Annual Appeal, which has garnered approximately $175,000 from alumni, parents, and benefactors of Beckman High School. Additionally, the endowment has been bolstered by the proceeds of a recent capital campaign, which resulted in over $7 million in cash and pledges to assist in building the current endowment funds and contributing to capital improvements at Beckman Catholic High School.
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Impact
October, 2024
The Beckman Endowment Fund significantly impacts education at Beckman Catholic High School by providing crucial financial support rooted in Catholic teachings. Established to enhance the school's operating budget, the Annual Appeal has successfully generated approximately $175,000 annually from alumni, parents, and benefactors. This funding directly offsets the per-student costs, ensuring a more accessible and enriched educational experience for students.
In recent years, a capital campaign has further strengthened the endowment, raising over $7 million in cash and pledges. These funds not only bolster the endowment itself but also facilitate essential capital improvements at Beckman Catholic High School, enhancing the learning environment. By focusing on planned gifts and the prudent growth of assets, the Beckman Endowment Fund is committed to preserving its principal while expanding its impact on Catholic education. Through these efforts, the Fund plays a pivotal role in promoting quality education and ensuring the long-term sustainability of Beckman Catholic High School in Dyersville, Iowa.
This information is meant to be a general summary of Beckman Endowment Fund. 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 2023.
- Investment Income: $173,348
- Gross Receipts: $191,044
Assets and Liabilities:
- Total Assets: $4,222,244
- Total Liabilities: $0
- Net Assets: $4,222,244
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Organization Details
Founding Year
1976
Phone
(563) 556-0123Principal Officer
Chris Salrin
Main Address
PO Box 94, Dyersville, IA, 52040
NTEE Category
Code: E99I - Health
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