Form 990 for tax year 2023

Totals

Total revenue

$73,884

Total expenses

$83,308

Contributions and grants received

$61,158

Grants paid

$16,421

Program service revenue

$0

Investment income

$11,652

Other revenue

$1,074

Total assets, end of year

$262,286

Total liabilities, end of year

$1,851

Net assets or fund balances, end of year

$260,435

Program services expenses (Part IX)

$69,388

Management and general expenses

$13,420

Fundraising expenses

$500

Program service expenses (Part III)

$69,388

Program services were 83.3% 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.

Mission and programs · 2023

• THE POST-SECONDARY EDUCATION SCHOLARSHIPS PROGRAM ALLOWS INDIVIDUALS, BUSINESSES, AND OTHER NON-PROFIT ENTITIES TO MAKE GRANTS AND CONTRIBUTIONS TO PROVIDE SCHOLARSHIPS FOR SENIORS GRADUATING FROM BLACKHAWK SCHOOL DISTRICT WHO ARE PURSUING POST-SECONDARY EDUCATION AT A TRADE OR TECHNICAL SCHOOL, TWO-YEAR COLLEGES, OR FOUR-YEAR COLLEGES OR UNIVERSITIES OR OTHER APPROVED POST-SECONDARY PROGRAMS. INDIVIDUAL SCHOLARSHIP CRITERIA ARE ESTABLISHED BY DONORS WITH APPROVAL OF THE ORGANIZATION, IN WHICH IT RELIES ON INPUT FROM THE HIGH SCHOOL ADMINISTRATION IN SELECTING APPLICANT AWARDESS. DURING THE 2023 FISCAL YEAR, THE FOUNDATION AUTHORIZED $10,950 IN SCHOLARSHIP AWARDS; $48,400 ENDOWNMENT FUNDS WERE TRANSFERRED TO A 501(C)(3) ORGANIZATION.

  Expenses $62,884 · Grants $10,950 · Revenue $11,652

• FUNDS ALLOCATED BY THE ORGANIZATION TO THE ENRICHMENT PROGRAM ARE USED TO SUPPORT TEACHERS AND STUDENTS IN THE BLACKHAWK SCHOOL DISTRICT. THIS PROGRAM PROVIDES FUNDING FOR EDUCATIONAL ENRICHMENT INCLUDING CLASSROOM PROGRAMMING, EDUCATIONAL SUPPLIES AND MATERIALS, FIELD TRIPS AND OTHER ITEMS IN LINE WITH THE MISSION OF THE BSDEF, SUBJECT TO THE APPROVAL OF THE BLACKHAWK SCHOOL DISTRICT ADMINISTRATION AND BOARD OF DIRECTORS. THIS PROGRAM ALSO PROVIDES FUNDING FOR AID TO STUDENTS AND THEIR FAMILIES AS IDENTIFIED BY THE SCHOOL DISTRICT ADMINISTRATION INCLUDING CLOTHING, FOOD, UTILITIES, ETC., SUBJECT TO FINAL APPROVAL BY THE BSDEF BOARD OF DIRECTORS.

  Expenses $6,504 · Grants $5,471

• THE ASSET IMPROVEMENT PROGRAM ALLOCATES FUNDS IN CONSULTATION WITH THE BLACKHAWK SCHOOL DISTRICT. ALL PURCHASES FUNDED BY THE ORGANIZATION WILL BECOME PROPERTY OF THE DISTRICT. THERE WAS NO ACTIVITY DURING THE 2023 FOR THIS PROGRAM AS THE BSDEF AND BLACKHAWK SCHOOL DISTRICT HAVE CHOSEN AT THIS TIME TO FOCUS EFFORTS ON THE SCHOLARSHIP AND ENRICHMENT PROGRAMS.

As filed on the 2023 return.

Listed in Part VII

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

• BEAVER COUNTY FOUNDATION

  $48,400

  TRANSFER FUNDS DONOR RQST

Provenance

Return type

form_990

Tax year

2023

Filed

10 September 2024

IRS schema version

2023v5.1

Source object

202422549349301027

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

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