EIN 85-4065871

The Beacon Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2022
Most recent tax filings
2023-12-01
Description
The Beacon Foundation is a private foundation located in Warwick, RI that primarily funds general support for charitable giving and grant making to 501(c)(3) organizations. During the year, the foundation made 89 grants to various organizations including Rhode Island Institute For Labor Studies and Res.
Total revenues
$807,606
2023
Total expenses
$177,121
2023
Total assets
$4,160,164
2023
Num. employees
0
2023

Program areas at The Beacon Foundation

Charitable giving and grant making to 501(c)(3) organizations. The Foundation supported 87 organizations during The year.

Grants made by The Beacon Foundation

GranteeGrant descriptionAmount
Rhode Island Institute for Labor Studies and ResearchGeneral Support$20,000
Rhode Island Community Food Bank AssociationGeneral Support$6,725
Crossroads Rhode IslandGeneral Support$5,500
...and 72 more grants made totalling $134,425

Personnel at The Beacon Foundation

NameTitleCompensation
Brian J. Spero, Esq.President and Chief Executive Officer$0
Rajani MahadevanExecutive Vice President and Chief Operating Officer$0
Gregg C. TumeinskiExecutive Vice President and Chief Financial Officer$0
Amy C. Vitale, Esq.Executive Vice President and Chief Legal Officer$0
James W. MoodyVice President of Information Systems
...and 3 more key personnel

Financials for The Beacon Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$750,000
Investment income and dividends$76,859
Net rental income$0
Net gain from sale of non-inventory assets$-19,253
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$807,606

Form 990s for The Beacon Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-04-22990PFView PDF
2022-122023-05-05990PFView PDF
2021-122022-05-10990PFView PDF
2020-122021-12-21990PFView PDF
Data update history
May 22, 2024
Posted financials
Added Form 990PF for fiscal year 2023
May 19, 2024
Updated personnel
Identified 11 new personnel
August 15, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 8, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 27, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsEmployment organizationsCharities
Issues
Human servicesJobs and employment
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employees
General information
Address
1 Beacon Centre
Warwick, RI 02886
Metro area
Providence-Warwick, RI-MA
County
Kent County, RI
Website URL
beaconmutual.com/the-beacon-foundation/ 
Phone
(401) 825-2667
IRS details
EIN
85-4065871
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2022
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
J12: Employment Fund Raising and Fund Distribution
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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