James Beard Foundation
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
James Beard Foundation meets the 20 Standards for Charity Accountability.
Stated Purpose:
To celebrate, nurture and honor chefs and other leaders making America's food culture more delicious, diverse, and sustainable for everyone.
Year, State Incorporated:
1986, NY
The charitable and educational purposes for which the foundation was established are to preserve and promulgate America's culinary heritage and the legacy of James Beard, maintain the Beard house as a historical culinary center, as a showcase for educational programs relating to food, as a performance space, gallery, research library, and meeting center for those interested in the advancement of the culinary arts in America. Additionally, the foundation was established to support other not-for-profit culinary organizations, provide scholarships to individuals pursuing a career in the culinary arts and recognize and promote excellence in all aspects of culinary arts. The Foundation achieves its mission through a variety of programs and events, including Impact Programs, Women's Leadership Programs, and Taste America.
For the year ended March 31, 2022, James Beard Foundation's program expenses were:
| Out-of-house events | $5,132,716 |
| Awards | $2,780,072 |
| Education and impact | $2,159,913 |
| House events | $983,845 |
| Marketing and communications | $733,018 |
| Scholarships | $422,853 |
| Member services | $115,162 |
| Total Program Expenses | $12,327,579 |
Chair's Profession / Business Affiliation
Not disclosed
Board Size
25
Paid Staff Size
48
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Membership appeals, Appeals via Social Media (Facebook, etc.)
Tax status information not available.
The following information is based on James Beard Foundation's audited financial statements for the year ended March 31, 2022.
Source of Funds
| Out-of-house events and auctions | $6,782,298 |
| Contributions | $4,089,120 |
| Awards event sponsorships and ticket sales | $3,104,871 |
| Educational program fees and grants | $646,790 |
| House events | $207,098 |
| Patron program | $139,029 |
| Program advertising, publications and miscellaneous income | $136,593 |
| Dividend and interest income | $16,917 |
| Total Income | $15,122,716 |
Programs: 77% Fundraising: 9% Administrative: 14%
| Total Income | $15,122,716 |
| Total expenses: | $16,024,031 |
| Program expenses | $12,327,579 |
| Fundraising expenses | $1,419,356 |
| Administrative expenses | $2,277,096 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-901,315 |
| Beginning Net Assets | $4,197,822 |
| Other Changes In Net Assets | $1,270,933 |
| Ending Net Assets | $4,567,440 |
| Total Liabilities | $3,514,480 |
| Total Assets | $4,567,440 |
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RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Foundation of Metropolitan New York