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← BEAVER COUNTY FOUNDATION

Form 990 for tax year 2022

Filed by BEAVER COUNTY FOUNDATION.

Totals

Total revenue
-$1,191,960
Total expenses
$859,831
Contributions and grants received
$406,952
Grants paid
$630,146
Program service revenue
$77,078
Investment income
-$1,679,507
Other revenue
$3,517
Total assets, end of year
$9,708,990
Total liabilities, end of year
$1,359
Net assets or fund balances, end of year
$9,707,631
Program services expenses (Part IX)
$715,193
Management and general expenses
$144,638
Fundraising expenses
$0
Program service expenses (Part III)
$715,193

Program services were 83.2% 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.

  • 1f · All other contributions, gifts and grants

    $406,952

  • 2a · Program service revenue: TRUST MANAGEMENT FEES

    total $77,078 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $279,255 · unrelated business $0 · excluded $279,255

  • 7a · Gross sales of assets other than inventory

    securities $558,687

  • 7b · Less cost or other basis and sales expenses

    securities $502,895 · other assets $2,014,554

  • 7c · Gain or loss

    securities $55,792 · other assets -$2,014,554

  • 7d · Net gain or loss

    total -$1,958,762 · related or exempt $0 · unrelated business $0 · excluded -$1,958,762

  • 8a · Fundraising events: gross income

    $3,517

  • 8c · Net income from fundraising events

    total $3,517 · unrelated business $0 · excluded $3,517

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $552,883 · program services $552,883

  • 2 · Grants to domestic individuals

    total $77,263 · program services $77,263

  • 5 · Compensation of officers, directors and key employees

    total $47,000 · program services $0 · management and general $47,000 · fundraising $0

  • 7 · Other salaries and wages

    total $2,009 · program services $0 · management and general $2,009 · fundraising $0

  • 10 · Payroll taxes

    total $3,904 · program services $0 · management and general $3,904 · fundraising $0

  • 11c · Fees: accounting

    total $2,679 · program services $0 · management and general $2,679 · fundraising $0

  • 11f · Fees: investment management

    total $40,315 · program services $40,315 · management and general $0 · fundraising $0

  • 12 · Advertising and promotion

    total $122 · program services $0 · management and general $122 · fundraising $0

  • 13 · Office expenses

    total $315 · program services $0 · management and general $315 · fundraising $0

  • 14 · Information technology

    total $126 · program services $0 · management and general $126 · fundraising $0

  • 16 · Occupancy

    total $1,740 · program services $0 · management and general $1,740 · fundraising $0

  • 22 · Depreciation, depletion and amortization

    total $191 · program services $0 · management and general $191 · fundraising $0

  • 23 · Insurance

    total $47,670 · program services $44,732 · management and general $2,938 · fundraising $0

  • 24a · Other expenses: ADMINISTRATIVE FEES

    total $77,078 · program services $0 · management and general $77,078 · fundraising $0

  • 24b · Other expenses: POSTAGE

    total $669 · program services $0 · management and general $669 · fundraising $0

  • 24c · Other expenses: LICENSE-FEES-PERMITS

    total $150 · program services $0 · management and general $150 · fundraising $0

  • 24d · Other expenses: TELEPHONE

    total $1,602 · program services $0 · management and general $1,602 · fundraising $0

  • 24e · All other expenses

    total $4,115 · program services $0 · management and general $4,115 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $38,323 · end of year $57,752

  • 10a · Land, buildings and equipment: cost or other basis

    $42,653

  • 10b · Land, buildings and equipment: accumulated depreciation

    $42,044

  • 10c · Land, buildings and equipment, net

    beginning of year $574 · end of year $609

  • 11 · Investments: publicly traded securities

    beginning of year $11,721,916 · end of year $9,650,629

  • 25 · Other liabilities

    beginning of year $1,391 · end of year $1,359

  • 27 · Net assets without donor restrictions

    beginning of year $37,506 · end of year $57,000

  • 28 · Net assets with donor restrictions

    beginning of year $11,721,916 · end of year $9,650,631

Mission and programs · 2022

Mission

THE BEAVER COUNTY FOUNDATION RECEIVES, ADMINISTERS, AND DISTRIBUTES DONATIONS FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, RELIGIOUS, HEALTHCARE AND OTHER PURPOSES.

  • DISTRIBUTION OF DONATIONS FOR CHARITABLE, EDUCATIONAL, SCIENTIFIC, RELIGIOUS, HEATHCARE AND OTHER PURPOSES.

    Expenses $715,193 · Grants $630,146 · Revenue $77,078

As filed on the 2022 return.

Listed in Part VII

  • Theresa Laderer

    EXECUTIVE DIRECTOR

    Total calculated
    $47,000
    From this org
    $47,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    35
  • Charles Copeland

    DIRECTOR AND PRESIDENT

    Total calculated
    $0
    Hours/week
    7
  • Tim Demetres

    DIRECTOR AND TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Thomas Hamilton

    DIRECTOR AND SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Jessica Briggs

    COUNSEL

    Total calculated
    $0
    Hours/week
    1
  • Robert Campbell

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Gordon Gallagher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Pam Roesch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Robert Pusateri

    DIRECTOR AND VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Chad McMillen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tad Makowiecki

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Joseph Bauman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Steve Maslek

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Tom Bryan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Paul Sweeney

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Richard Blackwood

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Melvin Steals

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Toni Sadecky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1
  • Dennis Nichols

    DIRECTOR

    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

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
13 May 2023
IRS schema version
2022v5.0
Source object
202303199349300120

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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