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EIN 75-6034480

Beal Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Midland
State
Texas
Year formed
1963
Most recent tax filings
2022-12-01
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
$18,015,271
2022
Total expenses
$9,741,857
2022
Total assets
$66,431,632
2022
Num. employees
n/a

Grants made by Beal Foundation

GranteeGrant descriptionAmount
Safe Place of the Permian BasinOperating Funds and Capital Projects$1,580,000
Midland Childrens Rehabilitation CenterOperating Funds$470,000
Midland Memorial FoundationCapital Funds$290,000
...and 66 more grants made totalling $5,270,000

Personnel at Beal Foundation

NameTitle
Mark LoweOfficer

Financials for Beal Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$2,043,005
Net rental income$0
Net gain from sale of non-inventory assets$-1,479,191
Gross sales of inventory$0
Miscellaneous revenues$17,451,457
Total revenues$18,015,271

Form 990s for Beal Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-13990PFView PDF
2021-122022-11-09990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-06-11990PFView PDF
2018-122020-02-14990PFView PDF
...and 7 more Form 990s

Organizations like Beal Foundation

OrganizationLocationRevenue
Trustmark FoundationLake Forest, IL$9,392,063
Square One FoundationChicago, IL$9,511,569
The Wally FoundationPrairie Village, KS$8,157,071
Kathleen S Craft FoundationTulsa, OK$19,461,756
Blavatnik Family FoundationNew York, NY$87,429,834
Zarpet Family FoundationChicago, IL$8,366,449
FR Bigelow FoundationSt Paul, MN$5,693,903
The Essential FoundationBryn Mawr, PA$13,000,000
Jetpuri FoundationDallas, TX$10,099,096
The Deborah Rose FoundationNew York, NY$5,753,106
Data update history
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
June 26, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate 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
Midland, TX 79701
Metro area
Midland, TX
County
Midland County, TX
Phone
(432) 571-4960
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
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