funder logo

Beaumont Health Foundation

Beaumont Health Foundation

Southfield, MI, US
501(c)3
EIN
36-4852171
Regional Funder
Subordinate Organization
funder logo

Beaumont Health Foundation

Southfield, MI, US
501(c)3
EIN
36-4852171
Regional Funder
Subordinate Organization

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$27,752,975

Other
48%
Contributions
38%
Investments
8%
Fundraising Events
7%
Government Grants
0%
Program Services
0%
Membership Dues
0%
Expenses in 2024

$37,956,826

Grants
84%
Fees to Service Providers
16%
Depreciation
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Other
0%
Revenues
2023
2024
Change
Contributions
$34,332,328
$10,474,969
-69%
Government Grants
$263,124
$0
-100%
Fundraising Events
$2,016,526
$1,812,036
-10%
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$414,775
$2,206,491
+432%
Other
$86,962
$13,259,479
+15147%
Total Revenues
$37,113,715
$27,752,975
-25%
Expenses
2023
2024
Change
Grants
$19,950,018
$31,776,558
+59%
Benefits to Members
$0
$0
-
Salaries & Benefits
$5,811,404
$0
-100%
Fees to Service Providers
$2,723,680
$6,149,512
+126%
Advertising & Promotion
$481,399
$0
-100%
Offices, Occupancy & IT
$6,597,924
$0
-100%
Interest
$1,100
$0
-100%
Depreciation
$50,581
$30,756
-39%
Other
$1,800,154
$0
-100%
Total Expenses
$37,416,260
$37,956,826
+1%
Net income
2023
2024
Change
Net income
-$302,545
-$10,203,851
-3273%
Functional Expenses
Summary
2023
2024
Change
Program
$20,204,935
$31,776,558
+57%
Admin
$1,651,148
$179,453
-89%
Fundraising
$15,560,177
$6,000,815
-61%
Total Expenses
$37,416,260
$37,956,826
+1%
Income Statement
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