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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: 562012602 ✦ Charlotte, NC ✦ Designated as a 501(c)(3)

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Overview

What is Beam Foundation?

The Beam Foundation is a nonprofit organization situated in Charlotte, North Carolina (AddressLine1Txt: "PO BOX 562133"). Their mission is to foster community service, leadership development, and educational opportunities for high-risk youth and adults in special situations. They place a particular focus on engaging young minority males. This nonprofit organization works tirelessly to provide avenues for personal growth and learning, ultimately aiming to positively impact the lives of those in need.

Is Beam Foundation legitimate?

Beam Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Beam 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 Beam Foundation?

The Beam Foundation's mission is centered around promoting community service, leadership development, and educational opportunities for high-risk youth and adults in unique situations. They have a particular focus on reaching out to young minority males, aiming to make a significant impact in their lives. Through their initiatives, they strive to provide these individuals with the necessary tools and resources to contribute positively to their communities and lead fulfilling lives.

What is the revenue of Beam Foundation?

Beam Foundation's revenue in 2022 was $200,646.

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

There 26 volunteers at Beam Foundation.

There is 1 key member and their salary:


T Brian George (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Beam Foundation?

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

Mission Statement of Beam Foundation

The Beam Foundation, an esteemed non-profit organization, is dedicated to promoting community service, leadership development, and educational opportunities for high-risk youth and adults in special situations. With a particular focus on young minority males, this organization strives to make a significant impact in their lives. Through its mission, Beam Foundation seeks to empower these individuals, helping them to develop essential leadership skills and seize educational opportunities that might otherwise be out of reach. By promoting community service, the foundation encourages these individuals to contribute positively to their communities and foster a sense of responsibility and engagement.

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Impact




October, 2024

The Beam Foundation significantly impacts the lives of high-risk youth and adults in special situations, particularly focusing on young minority males. By promoting community service, leadership development, and educational opportunities, the foundation empowers individuals to overcome challenges and improve their circumstances.

Through structured programs and outreach initiatives in Charlotte, NC, the Beam Foundation fosters a sense of responsibility and leadership among participants, encouraging them to engage with their communities positively. The emphasis on educational opportunities helps equip participants with essential skills and knowledge, opening doors for further personal and professional growth.

By prioritizing outreach to underserved populations, the Beam Foundation addresses systemic barriers and creates pathways that lead to resilience and success, ultimately contributing to stronger communities.




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
$200,646 (2022)
Expenses
$216,209 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $30
  • Gross Receipts: $200,646

Assets and Liabilities:

  • Total Assets: $223,093
  • Total Liabilities: $680
  • Net Assets: $222,413

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Organization Details

Founding Year

1997

Principal Officer

T Brian George

NTEE Category

Code: B82 - Education

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