1. Directory
  2. Texas
  3. Midland
  4. Beal Foundation
EIN 75-6034480

Beal Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Midland
State
Texas
Year formed
1963
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Beal Foundation is a private foundation that made 101 grants last year. Grantees include Marc Inc. Trustees are Carlton Beal JR, Spencer Beal, Kelly Beal. It is located in Midland, TX.
Total revenues
$13,613,360
2023
Total expenses
$8,894,513
2023
Total assets
$71,150,479
2023
Num. employees
0
2023

Grants made by Beal Foundation

GranteeGrant descriptionAmount
Senior Life MidlandOperating Funds$1,555,000
Midland College FoundationOperating Funds and Capital Funds$1,000,000
Saint John's Health Center FoundationOperating Expense$226,000
...and 60 more grants made totalling $5,158,000

Personnel at Beal Foundation

NameTitle
Mark LoweOfficer

Financials for Beal Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$2,514,215
Net rental income$0
Net gain from sale of non-inventory assets$816,281
Gross sales of inventory$0
Miscellaneous revenues$10,282,864
Total revenues$13,613,360

Form 990s for Beal Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-14990PFView PDF
2022-122023-11-13990PFView PDF
2021-122022-11-09990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-11990PFView PDF
...and 8 more Form 990s

Organizations like Beal Foundation

OrganizationLocationRevenue
The Gallogly Family FoundationAustin, TX$3,537,262
Lytton-Kambara FoundationWilmington, DE$31,220,698
Gene and Jerry Jones Family FoundationFrisco, TX$7,573,453
The Klesse FoundationSan Antonio, TX$12,523,003
The Faith FoundationSalem, OR$5,088,964
Michael J Mungo FoundationIrmo, SC$3,853,205
WSDC FoundationMinneapolis, MN$9,946,707
Chase Foundation Mack C Chase TrusteeArtesia, NM$4,984,970
Dan L Duncan FoundationHouston, TX$23,092,984
Kettering Family FoundationDayton, OH$3,728,385
Data update history
January 7, 2025
Posted financials
Added Form 990PF for fiscal year 2023
December 24, 2023
Posted financials
Added Form 990PF for fiscal year 2022
December 23, 2023
Used new vendors
Identified 1 new vendor, including
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 6, 2023
Updated personnel
Identified 5 new personnel
Nonprofit Types
Grantmaking organizationsPrivate foundationsFamily foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
104 S Pecos St
Midland, TX 79701
Metro area
Midland, TX
County
Midland County, TX
Phone
(432) 682-3753
IRS details
EIN
75-6034480
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1963
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
Free account sign-up

Want updates when Beal Foundation has new information, or want to find more organizations like Beal Foundation?

Create free Cause IQ account
Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. Our data and tools help professionals prospect for nonprofits, research opportunities, benchmark their clients, and enrich existing information.
Nonprofits
Product
Customers
About

© 2025 Nonprofit Metrics LLC
Terms of Service and Privacy Policy