Totals
- Total revenue
- $59,615
- Total expenses
- $96,224
- Contributions and grants received
- $42,135
- Grants paid
- $54,451
- Program service revenue
- $0
- Investment income
- $17,480
- Other revenue
- $0
- Total assets, end of year
- $1,573,438
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $1,573,438
- Program services expenses (Part IX)
- $94,799
- Management and general expenses
- $0
- Fundraising expenses
- $1,425
- Program service expenses (Part III)
- $96,224
Program services were 98.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$23,505
-
1f · All other contributions, gifts and grants
$18,630
-
3 · Investment income
total $17,480 · related or exempt $17,480
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $54,451 · program services $54,451
-
11a · Fees: management
total $11,560 · program services $11,560
-
11b · Fees: legal
total $510 · program services $510
-
11c · Fees: accounting
total $1,910 · program services $485 · fundraising $1,425
-
12 · Advertising and promotion
total $687 · program services $687
-
13 · Office expenses
total $160 · program services $160
-
14 · Information technology
total $2,047 · program services $2,047
-
16 · Occupancy
total $1,760 · program services $1,760
-
19 · Conferences, conventions and meetings
total $744 · program services $744
-
23 · Insurance
total $1,696 · program services $1,696
-
24a · Other expenses: PHONE INTERNET POSTAGE
total $1,545 · program services $1,545
-
24b · Other expenses: ADVISORY FEES
total $17,480 · program services $17,480
-
24c · Other expenses: ADJSTMENTS EXPENSE
-
24d · Other expenses: MISCELLANEOUS
total $1,674 · program services $1,674
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $157,798 · end of year $131,492
-
11 · Investments: publicly traded securities
beginning of year $1,405,727 · end of year $1,441,946
-
27 · Net assets without donor restrictions
beginning of year $1,563,525 · end of year $1,573,438
Mission and programs · 2024
Mission
CREATE ENDOWMENTS TO ENABLE CITIZENS OF THE BEDFORD AREA TO IMPROVE SITUATIONS INCLUDING SOCIAL,CULTURAL, ECONOMICS, EDUCATION AND ENVIRONMENTAL QUALITY OF LIFE
Activities or mission (Part I)
CREATE ENDOWMENTS TO ENABLE CITIZENS OF THE BEDFORD AREA TO IMPROVE SITUATIONS INCLUDING SOCIAL CULTURAL, ECONOMICS, EDUCATION AND ENVIROMENTAL QUALITY OF LIFE
-
ADMINISTERED 62 COLLEGE SCHOLARSHIPS, 12 MEDICAL AID GRANTS, THREE
Expenses $54,451
-
FUNDRAISING FEES
Expenses $1,425
-
OFFICE EXPENSES
Expenses $40,348
As filed on the 2024 return.
Listed in Part VII
-
Linda TorbetLINDA TORBET
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Debra ShinkleDEBRA SHINKLE
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Les MarshLES MARSH
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Maryann McBeeMARYANN MCBEE
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
L Bates-JonesL BATES-JONES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Sharon ThromSHARON THROM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Tara FraleyTARA FRALEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Greg BrescottGREG BRESCOTT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
J Waidelich-RoJ WAIDELICH-RO
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
no cash amount reported
-
no cash amount reported
-
no cash amount reported
-
no cash amount reported
-
no cash amount reported
-
no cash amount reported
-
no cash amount reported
-
no cash amount reported
-
no cash amount reported
-
no cash amount reported
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 11 August 2025
- IRS schema version
- 2024v5.0
- Source object
- 202640339349300229
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.