Brett D Begemann Foundation
Overview
The Brett D Begemann Foundation is a 501(c)(3) private nonoperating foundation, categorized under philanthropy, voluntarism, and grantmaking foundations. It is a tax-exempt organization, allowing donations to be tax deductible. The foundation's EIN is 82-2077778.
Structure and Governance
As of the latest available information, the foundation's governance is led by key employees and officers, including:
- Brett D Begemann, who serves as President and Director.
- James A Begemann, serving as Vice President and Director.
- Patricia M Talleur, acting as Secretary and Director.
- Matthew B Begemann, holding the position of Treasurer and Director. None of these officers receive compensation[1].
Activities and Grants
In recent years, the Brett D Begemann Foundation has been active in providing grants to various recipients. For instance, in 2023, it distributed approximately $415,000 in grants[2]. Among its grantees are notable organizations like Curators Of The..., though specifics about the recipients' use of funds are not detailed[3].
Financial Overview
The foundation's financial data indicates significant assets with minimal liabilities. As of the fiscal year ending December 2023, it had $8,177,852 in total assets and no liabilities[1]. Prior to this, the foundation maintained a similar financial profile, with assets increasing over time and liabilities remaining negligible[1].
Conclusion
The Brett D Begemann Foundation operates within the philanthropic sector, focusing on grantmaking activities without operational projects. Its financial stability and commitment to providing grants underscore its role as a supportive force within its beneficiary community. However, detailed information about specific projects or beneficiaries beyond the general scope of grantmaking is limited.
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Pennington
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