Beatrice R and Joseph A Coleman Foundation Inc.

The Beatrice R and Joseph A Coleman Foundation Inc. is a private nonprofit organization based in New York City, established in 1998. The foundation operates with the primary goal of providing charitable support and grants to various causes that promote environmental sustainability, humane treatment of all beings, and educational initiatives.

Mission and Objectives

The foundation's mission focuses on fostering the health of the Earth and ensuring the humane treatment of its inhabitants. It achieves this by funding programs that emphasize mindful stewardship of the environment and initiatives aimed at promoting the well-being of individuals and communities. The organization is recognized as a 501(c)(3) charitable entity, making donations tax-deductible for contributors.

Activities and Funding

The Beatrice R and Joseph A Coleman Foundation engages in grantmaking activities that encompass a variety of philanthropic purposes. Some of the key areas of focus for the foundation include:

• Environmental Sustainability: Supporting projects and initiatives that aim to protect and preserve natural resources.

• Humanitarian Efforts: Funding programs that advocate for the humane treatment of animals and individuals.

• Educational Programs: Providing support for educational initiatives that align with the foundation's mission.

In recent fiscal years, the foundation has disbursed significant charitable contributions, including $20,000 in grants in 2023, with a focus on impactful community and environmental projects.

Financial Overview

The foundation reports its financial activities through Form 990-PF, which highlights its revenue and expenditures. Key financial details from recent filings include:

• Total Assets: Approximately $2.2 million as of the last reporting period.

• Sources of Revenue: Revenue sources include dividends and sales of assets, contributing to the foundation's capacity to fund charitable disbursements.

• Charitable Disbursements: A significant portion of the foundation's expenses is allocated to charitable grants, reflecting its commitment to supporting various causes.

Governance

The foundation is governed by a board of directors, which includes individuals who play critical roles in strategic decision-making and oversight of its philanthropic activities. Key officers include Lucy J. Stroup and Kimberly Jones, who serve as co-presidents and treasurers, along with several directors who contribute to the foundation's mission.

Conclusion

The Beatrice R and Joseph A Coleman Foundation Inc. plays a vital role in the philanthropic landscape, focusing on environmental and humanitarian issues. Through its grantmaking efforts and commitment to charitable causes, the foundation aims to make a meaningful impact on society and the planet.