NonprofitsBeefmaster Educational Endowment Foundation

Education

Beefmaster Educational Endowment Foundation

BRYAN, TX

Total revenue

$227K

Total expenses

$67K

Net assets

$1.7M

Grants received

$240K

4 grants

EIN

270527219

Tax year

2024

Mission

The objectives and purposes of the organizations are as follows: 1. To support the educational goals of members of the junior beefmasters breeders association (jbba) by establishing a permanent scholarship fund competitively available to all academically qualified candidates without regard to race, religion, gender or national origin. 2. To assist in the development, publication and dissemination of educational materials to the general public and beef breeders regarding the characteristics of the beefmaster breed. 3. To further understanding of the diseases and other ailments that afflicts cattle in general and beefmasters in particular with the goals of breed improvement and assuring public food safety. 4. To fund research into beefmaster genetics and cattle genetics in general in such areas such as feed efficiency, tenderness, longevity and other heritable traits in order to better serve the cattle industry and the general public with better products.

Financials

FY 2024

Revenue

Contributions & grants$205K
Program service revenue
Investment income$1
Other revenue$22K
Total revenue$227K

Expenses

Grants paid$33K
Salaries & benefits
Fundraising
Other expenses$35K
Total expenses$67K
Total assets$1.8M
Net assets$1.7M

People

14 listed

NameRoleCompensation

MACKIE BOUNDS

PRESIDENT

Board

DEBBIE CHEATHAM

VICE PRESIDE

Board

GERALD GALBRAITH

TREASURER

Board

KRIS FORE

SECRETARY

Board

GARY FRENZEL

DIRECTOR

Board

JOSH MORRISON

DIRECTOR

Board

LEON ANDERSON

DIRECTOR

Board

MARIE WELKENER

DIRECTOR

Board

BRIAN ENGLEMAN

DIRECTOR

Board

ARTHUR BUB EPLEY

DIRECTOR

Board

TY AGEE

DIRECTOR

Board

JOHN EVANGELO

DIRECTOR

Board

TOM HOOD

DIRECTOR

Board

JOHN PIERSON

DIRECTOR

Board

Grants received

Showing 4 of 4

FromAmountPurposeYear
$152K
FORGIVENESS OF A PORTION OF NOTE RECEIVABLE BALANCE DUE FROM B.E.E.F.
2020
$25K
UNRESTRICTED GENERAL SUPPORT
2020
$25K
UNRESTRICTED GENERAL SUPPORT
2019

Funded by

$240K from 3 funders · 4 grants · 2019–2022

Beefmaster Breeders United

$152K · 1 grant · 2020

Morgan Stanley Global Impact Funding Trust Inc

$50K · 2 grants · 2019–2020

East Texas Communities Foundation

$38K · 1 grant · 2022

Details

EIN270527219
NTEE codeB82
Subsection03
Ruling date2009-08
Formed2009
Employees0
BEEFMASTER EDUCATIONAL ENDOWMENT FOUNDATION — Mission, Financials & Grants Received | Grantivo