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Filing year 2024

BEACON FOUNDATION INC

Swannanoa, North Carolina·EIN 88-2482223·NTEE N32 · Recreation & Sports·501(c)(3)
Total revenue
$1.8M
Total assets
$1.8M
Total expenses
$399k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. BEACON FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

Director and President
Director and Secretary
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$100k

Itemized grants

1

Median grant

$100k

RecipientLocationPurposeAmount
BOUNTY AND SOULBLACK MOUNTAIN, NCHELENE DISASTER RELIEF FUND$100k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

BEACON FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$405k
$3k
2023
$1.8M
$399k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Recreation & Sports executives earn in North Carolina

BEACON FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable recreation & sports organization in North Carolina earns a median of $59,900.

25th percentile
$23k
Median
$59,900
75th percentile
$135k
90th percentile
$276k

These are recreation & sports sector-wide figures, not this organization's reported pay. Based on 206 organizations across 206 filings (2021 – 2024).

See full Recreation & Sports pay data for North Carolina
FAQ

Common questions about BEACON FOUNDATION INC

What are BEACON FOUNDATION INC's revenue and expenses?

In 2024, BEACON FOUNDATION INC reported $1.8M in total revenue and $399k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.