BETA FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BETA FOUNDATION (EIN 83-1731278)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-10-24
- IRS object ID
- 202302979349100105
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-10-24T06:05:57-07:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 541650356 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Douglas Corey & Associates PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10201 Fairfax Blvd Suite 480 | AddressLine1Txt |
| City | Fairfax | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22030 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 831731278 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Beta Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BETA | BusinessNameControlTxt |
| Phone | 2022431000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16192 Coastal Highway | AddressLine1Txt |
| City | Lewes | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19958 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Eli Gottesdiener | PersonNm |
| Person Title | Officer | PersonTitleTxt |
| Phone | 2022431000 | PhoneNum |
| Signature | 2023-10-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Eli | PersonFirstNm |
| Person Last | Gottesdiener | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Douglas S Corey CPA | PreparerPersonNm |
| PTIN | P00635040 | PTIN |
| Phone | 7033542900 | PhoneNum |
| Preparation | 2023-10-24 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $6,948,916 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $143,108 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $143,108 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $201,874 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,164,884 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $201,874 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $0 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $344,982 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $344,982 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $1,195 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $1,195 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $0 | OtherProfFeesRevAndExpnssAmt |
| Taxes Rev And Expnss | $4,050 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,050 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $2,317 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,317 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $7,562 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $6,367 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,195 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,193,150 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,193,150 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,200,712 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $6,367 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,194,345 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$855,730 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $338,615 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $12,111 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $312,461 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $312,461 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $4,106,958 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,166,720 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,866,479 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,351,382 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,153,648 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,806,438 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $981,646 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $963,538 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $963,538 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,452,097 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,596,367 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $6,948,916 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $7,452,097 | RetainedEarningBOYAmt |
| Retained Earning EOY | $6,596,367 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,452,097 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $6,596,367 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,452,097 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $6,596,367 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,452,097 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$855,730 | ExcessRevenueOverExpensesAmt |
| Subtotal | $6,596,367 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $6,596,367 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Vanguard Ttl Stk Mkt Adml (ST) Covered | D | 2021-12-31 | 2022-07-27 | $42,617 | $0 | $46,649 | -$4,032 | $0 | $0 | $0 | -$4,032 |
| Vanguard Ttl Intl Stk Adml (LT) Covered | D | 2019-08-30 | 2022-12-27 | $419,000 | $0 | $404,142 | $14,858 | $0 | $0 | $0 | $14,858 |
| Vanguard Ttl Bd Mkt Adml (LT) Covered | D | 2019-09-04 | 2022-04-25 | $185,000 | $0 | $198,704 | -$13,704 | $0 | $0 | $0 | -$13,704 |
| Vanguard Ttl Intl Bd Adml (LT) Covered | D | 2019-08-30 | 2022-01-27 | $18,000 | $0 | $19,377 | -$1,377 | $0 | $0 | $0 | -$1,377 |
| Vanguard Ttl Stk Mkt Adml (LT) Covered | D | 2012-07-18 | 2022-12-27 | $500,267 | $0 | $272,395 | $227,872 | $0 | $0 | $0 | $227,872 |
| Life Biosciences K-1 LT Loss | D | 2021-01-01 | 2022-12-31 | $0 | $0 | $21,743 | -$21,743 | $0 | $0 | $0 | -$21,743 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $201,874 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$4,032 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,707 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,707 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,707 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,562 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $4,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $10,562 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$10,562 | OriginalReturnOverpaymentAmt |
| Overpayment | $5,855 | OverpaymentAmt |
| Applied To ES Tax | $5,855 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | DE | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | Eli Gottesdiener | IndividualWithBooksNm |
| Phone | 2022431000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16192 Coastal Hwy | AddressLine1Txt |
| City | Lewes | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19958 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Eli Gottesdiener | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 929 President St | AddressLine1Txt |
| City | Brooklyn | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11215 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | Trustee | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 1.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,122,054 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $963,538 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,085,592 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $8,085,592 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $121,284 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,964,308 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $398,215 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $398,215 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,707 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,707 | TotalTaxAmt |
| Distributable Before Adj | $393,508 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $393,508 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $393,508 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,194,345 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,194,345 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $393,508 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $695,946 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $695,946 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,194,345 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $393,508 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $800,837 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,496,783 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,496,783 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $695,946 | ExcessFromYear1Amt |
| Excess From Current Year | $800,837 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | None | ContributingManagerNm |
| Shareholder Manager | None | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | The Beta Foundation | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 16192 Coastal Hwy | AddressLine1Txt |
| City | Lewes | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 19958 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2022431000 | RecipientPhoneNum |
| Form And Info And Materials | Applications by letter stating name of organization, charitable purpose, amount requested and proposed use of amount requested from the Foundation. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | None | SubmissionDeadlinesTxt |
| Restrictions On Awards | Any recognized charity. No geographical restrictions or other limitations. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (21 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| Texas Children's Hospital | ||||||
| 6621 Fannin St | Houston | TX | 77030 | Public Charity | Medical support | $125,000 |
| HomeStart Inc | ||||||
| 105 Chauncy St 502 | Boston | MA | 02111 | Public Charity | Shelter support | $10,000 |
| Fractured Atlas | ||||||
| 248 W 35th St | New York | NY | 10001 | Public Charity | General support | $25,000 |
| Cedars-Sinai Medical Center | ||||||
| 8700 Beverly Blvd 2900A | Los Angeles | CA | 90048 | Public Charity | Medical support | $250,000 |
| Razom Inc | ||||||
| 140 2nd Ave | New York | NY | 10003 | Public Charity | Disaster relief | $25,000 |
| Beam Center Inc | ||||||
| 60 Sackett St | Brooklyn | NY | 11231 | Public Charity | Educational support | $10,000 |
| Texas Children's Hospital | ||||||
| 6621 Fannin St | Houston | TX | 77030 | Public Charity | Medical support | $125,000 |
| Fractured Atlas | ||||||
| 248 W 35th St | New York | NY | 10001 | Public Charity | General support | $7,000 |
| Texas Children's Hospital | ||||||
| 6621 Fannin St | Houston | TX | 77030 | Public Charity | Medical support | $125,000 |
| The Pension Rights Center | ||||||
| 1050 30th Street NW | Washington | DC | 20007 | Public Charity | General support | $25,000 |
| Susan G Komen | ||||||
| 13770 Noel Rd Ste 801889 | Dallas | TX | 75380 | Public Charity | General support | $1,150 |
| Texas Children's Hospital | ||||||
| 6621 Fannin St | Houston | TX | 77030 | Public Charity | Medical support | $125,000 |
| Citizen's Committee for Children | ||||||
| 14 Wall Street Suite 4E | New York | NY | 10005 | Public Charity | General support | $10,000 |
| American Indian College Fund | ||||||
| 8333 Greenwood Blvd 120 | Denver | CO | 80221 | Public Charity | Educational support | $20,000 |
| Banana Kelly Community Improvement | ||||||
| 863 Prospect Ave | Bronx | NY | 10459 | Public Charity | Housing support | $5,000 |
| The Old Stone House | ||||||
| 336 3rd St | Brooklyn | NY | 11215 | Public Charity | General support | $5,000 |
| Brooklyn Music School | ||||||
| 126 St Felix Street | Brooklyn | NY | 11217 | Public Charity | Educational support | $10,000 |
| Prospect Park Alliance | ||||||
| 95 Prospect Park West | Brooklyn | NY | 11215 | Public Charity | Community support | $10,000 |
| Seattle Chamber Orchestra | ||||||
| 4327 170th Pl SE | Bellevue | WA | 98006 | Public Charity | General support | $5,000 |
| PROTEZ Foundation | ||||||
| 3510 Hopkins Pl W130D | Oakdale | MN | 55128 | Public Charity | General support | $25,000 |
| Ichor Research Institute Inc | ||||||
| 275 Greene Street | New Haven | CT | 06511 | Public Charity | Medical support | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,193,150 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $143,108 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $223,617 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | K1 investment income/loss | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$21,743 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $344,982 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $344,982 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DCA Accounting | CategoryTxt |
| Amt | $1,195 | Amt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (6 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| Publicly traded | ||||||
| Vanguard Ttl Stk Mkt Adml (ST) | 2022-01 | Donated | 2022-07 | $42,617 | $46,649 | -$4,032 |
| Publicly Traded | ||||||
| Vanguard Ttl Stk Mkt Adml (LT) | 2019-08 | Donated | 2022-12 | $419,000 | $404,142 | $14,858 |
| Publicly Traded | ||||||
| Vanguard Ttl Bd Mkt Adml (LT) | 2019-09 | Donated | 2022-04 | $185,000 | $198,704 | -$13,704 |
| Publicly Traded | ||||||
| Vanguard Ttl Intl Bd Adml (LT) | 2019-08 | Donated | $18,000 | $19,377 | -$1,377 | |
| Publicly Traded | ||||||
| Vanguard Ttl Stk Mkt Adml (LT) | 2012-07 | Donated | 2022-12 | $500,267 | $272,395 | $227,872 |
| Publicly traded | ||||||
| Life Biosciences | 2021-01 | Donated | 2022-12 | $0 | $21,743 | -$21,743 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | Vanguard Bonds | BondNm |
| EOY Book Value | $2,153,648 | EOYBookValueAmt |
| EOYFMV | $1,806,438 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Vanguard Mutual Funds | StockNm |
| EOY Book Value | $3,166,720 | EOYBookValueAmt |
| EOYFMV | $3,866,479 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Life Biosciences LLC (partnership) | CategoryOrItemTxt |
| Book Value | $963,538 | BookValueAmt |
| EOYFMV | $963,538 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other K1 deductions | Desc |
| Revenue And Expenses Per Books | $2,317 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,317 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Foreign tax paid | CategoryTxt |
| Amt | $4,050 | Amt |
| Net Investment Income | $4,050 | NetInvestmentIncomeAmt |
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