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EIN 38-6071938

Besser Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Alpena
State
Michigan
Year formed
1944
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Besser Foundation is a private foundation that primarily funds operations, operating expenses, waterfront improvement, volunteer center, volunteen program, stem grant, stem education, scholarships, programs, planetarium and op. The foundation's purpose is to invest in stocks, bonds and securities to generate interest, dividends and capital gains. The foundation made 27 grants last year.
Total revenues
$584,611
2023
Total expenses
$956,501
2023
Total assets
$16,448,773
2023
Num. employees
0
2023

Program areas at Besser Foundation

The Foundation invests in stocks, bonds and securities
To generate interest, dividends, and capital gains. The
Earnings are disbursed for charitable purposes.

Grants made by Besser Foundation

GranteeGrant descriptionAmount
Boys and Girls Club of AlpenaBuilding$294,000
Besser Museum for Northeast MichiganOperating Expenses$260,000
Besser Museum for Northeast MichiganBldg Proj Incl Handicap Access$56,446
...and 8 more grants made

Personnel at Besser Foundation

NameTitleCompensation
Gary DawleySecretary and Treasurer$25,000

Financials for Besser Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$353,292
Net rental income$0
Net gain from sale of non-inventory assets$231,319
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$584,611

Form 990s for Besser Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-07-29990PFView PDF
2022-122023-06-20990PFView PDF
2021-122022-06-30990PFView PDF
2020-122021-07-07990PFView PDF
2019-122020-10-19990PRView PDF
...and 8 more Form 990s
Data update history
February 27, 2024
Posted financials
Added Form 990PF for fiscal year 2022
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
April 14, 2022
Updated personnel
Identified 2 new personnel
April 10, 2022
Posted financials
Added Form 990PF for fiscal year 2020
August 19, 2021
Posted financials
Added Form 990R for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedCommunity engagement / volunteeringTax deductible donationsNo full-time employees
General information
Address
350 N Second Ave 701
Alpena, MI 49707
County
Alpena County, MI
Phone
(989) 356-6613
IRS details
EIN
38-6071938
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1944
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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