Beaver Family Foundation Inc

Abs Legacy Partners Llc

Hickory, NC
Tax-exempt since May 1998
EIN: 56-2028723

Receive an email when new data is available for this organization.

Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$915k (2025)

Expenses

$940k (2025)

Total Assets

$11.2M (2025)

Total Liabilities

$0 (2025)

Years with missing data

Source: Form 990 tax filings from 2012 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending April
2025

Revenue

$915,380

Expenses

$940,102

Net Income

-$24,722

Net Assets

$11,239,170

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$479,269	52.4%
Sales of Assets	$436,111	47.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$879,400	93.5%
Compensation of Officers*	$30,000	3.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,239,170
Total Liabilities	$0
Net Assets	$11,239,170

Compensation

Key Employees and Officers	Compensation	Other
Vickie Beaver (Director)	$6,000	$0
Grace Simmons (Director)	$6,000	$0
Donald C Beaver (President)	$4,500	$0
Deborah B Looper (Vice President)	$4,500	$0
Donna Malone (Treasurer)	$4,500	$0
Beau Simmons (Director)	$4,500	$0
Angela B Simmons (Secretary)	$0	$0

+ View more people

990-PF

Filed on Aug. 8, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending April
2024

Revenue

$793,169

Expenses

$902,275

Net Income

-$109,106

Net Assets

$11,263,892

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$515,407	65.0%
Sales of Assets	$277,762	35.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$842,742	93.4%
Compensation of Officers*	$19,500	2.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,263,892
Total Liabilities	$0
Net Assets	$11,263,892

Compensation

Key Employees and Officers	Compensation	Other
Vickie Beaver (Director)	$6,000	$0
Grace Simmons (Director)	$6,000	$0
Donna Malone (Treasurer)	$3,000	$0
Beau Simmons (Director)	$3,000	$0
Deborah B Looper (Vice President)	$1,500	$0
Donald C Beaver (President)	$0	$0
Angela B Simmons (Secretary)	$0	$0

+ View more people

990-PF

Filed on June 28, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending April
2023

Revenue

$882,735

Expenses

$1,051,980

Net Income

-$169,245

Net Assets

$11,333,789

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$427,257	48.4%
Sales of Assets	$455,478	51.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$993,411	94.4%
Compensation of Officers*	$28,500	2.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,333,789
Total Liabilities	$0
Net Assets	$11,333,789

Compensation

Key Employees and Officers	Compensation	Other
Vickie Beaver (Director)	$6,000	$0
Deborah B Looper (Vice President)	$6,000	$0
Donna Malone (Treasurer)	$6,000	$0
Grace Simmons (Director)	$6,000	$0
Donald C Beaver (President)	$3,000	$0
Beau Simmons (Director)	$1,500	$0
Angela B Simmons (Secretary)	$0	$0

+ View more people

990-PF

Filed on July 14, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending April
2022

Revenue

$902,546

Expenses

$747,327

Net Income

$155,219

Net Assets

$11,231,563

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$370,428	41.0%
Sales of Assets	$532,118	59.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$708,609	94.8%
Compensation of Officers*	$28,500	3.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,231,563
Total Liabilities	$0
Net Assets	$11,231,563

Compensation

Key Employees and Officers	Compensation	Other
Donald C Beaver (President)	$6,000	$0
Vickie Beaver (Director)	$6,000	$0
Donna Malone (Treasurer)	$6,000	$0
Grace Simmons (Director)	$6,000	$0
Deborah B Looper (Vice President)	$4,500	$0
Angela B Simmons (Secretary)	$0	$0

+ View more people

990-PF

Filed on Sept. 2, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending April
2021

Revenue

$904,356

Expenses

$729,295

Net Income

$175,061

Net Assets

$10,897,591

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$389,446	43.1%
Sales of Assets	$512,218	56.6%
Other Income	$2,692	0.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$705,594	96.8%
Compensation of Officers*	$30,000	4.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,897,592
Total Liabilities	$1
Net Assets	$10,897,591

Compensation

Key Employees and Officers	Compensation	Other
Donald C Beaver (President)	$6,000	$0
Vickie Beaver (Director)	$6,000	$0
Deborah B Looper (Vice President)	$6,000	$0
Donna Malone (Treasurer)	$6,000	$0
Grace Simmons (Director)	$6,000	$0
Angela B Simmons (Secretary)	$0	$0

+ View more people

990-PF

Filed on June 30, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending April
2020

Revenue

$318,599

Expenses

$912,383

Net Income

-$593,784

Net Assets

$10,761,929

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$3,779	1.2%
Dividends	$388,432	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$856,300	93.9%
Compensation of Officers*	$25,500	2.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,761,929
Total Liabilities	$0
Net Assets	$10,761,929

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2019

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2018

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2016

Revenue

$438,637

Expenses

$716,760

Net Income

-$278,123

Net Assets

$9,836,279

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$327	0.1%
Dividends	$409,956	93.5%
Sales of Assets	$28,354	6.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$680,991	95.0%
Compensation of Officers*	$8,750	1.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,836,279
Total Liabilities	$0
Net Assets	$9,836,279

Compensation

Key Employees and Officers	Compensation	Other
Deborah B Looper (Vp)	$3,750	$0
Donald C Beaver (Pres)	$2,500	$0
Donna B Malone (Treas)	$2,500	$0
Angela B Simmons (Sec)	$0	$0

+ View more people

990-PF

Filed on Sept. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending April
2015

Revenue

$455,902

Expenses

$671,484

Net Income

-$215,582

Net Assets

$9,901,281

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$212	0.0%
Dividends	$466,972	> 100%
Sales of Assets	-$11,282
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$630,935	94.0%
Compensation of Officers*	$11,250	1.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,901,281
Total Liabilities	$0
Net Assets	$9,901,281

Compensation

Key Employees and Officers	Compensation	Other
Deborah B Looper (Vp)	$5,000	$0
Donna B Fleming (Treas)	$3,750	$0
Donald C Beaver (Pres)	$2,500	$0
Angela B Simmons (Sec)	$0	$0

+ View more people

990-PF

Filed on Sept. 11, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending April
2014

Revenue

$755,778

Expenses

$657,271

Net Income

$98,507

Net Assets

$10,116,863

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$89	0.0%
Dividends	$587,143	77.7%
Sales of Assets	$168,546	22.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$623,064	94.8%
Compensation of Officers*	$7,500	1.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,116,863
Total Liabilities	$0
Net Assets	$10,116,863

Compensation

Key Employees and Officers	Compensation	Other
Donald C Beaver (Pres)	$2,500	$0
Donna Beaver Fleming (Treas)	$2,500	$0
Deborah Beaver Looper (Vp)	$2,500	$0
Angela B Simmons (Sec)	$0	$0

+ View more people

990-PF

Filed on Sept. 15, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending April
2013

Revenue

$478,963

Expenses

$331,027

Net Income

$147,936

Net Assets

$10,018,356

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$17	0.0%
Dividends	$486,256	> 100%
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$299,722	90.5%
Compensation of Officers*	$10,000	3.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,018,356
Total Liabilities	$0
Net Assets	$10,018,356

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2012

Revenue

$409,915

Expenses

$343,609

Net Income

$66,306

Net Assets

$9,870,420

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$451,252	> 100%
Sales of Assets	$0
Other Income	$138	0.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$315,593	91.8%
Compensation of Officers*	$3,750	1.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,870,420
Total Liabilities	$0
Net Assets	$9,870,420

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2011

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending April
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending April
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Nonprofit Explorer

Browse millions of annual returns filed by tax-exempt organizations with ProPublica’s Nonprofit Explorer. See details like executive compensation, revenue, expenses and more. Search for an organization or a person, or search the full text of filings.

By Andrea Suozzo, Alec Glassford, Ash Ngu and Brandon Roberts.

Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated September 25, 2025

Beaver Family Foundation Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $915k (2025)

Expenses $940k (2025)

Total Assets $11.2M (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending April 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending April 2019

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending April 2018

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending April 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending April 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending April 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending April 2012

Revenue

$915k (2025)

Expenses

$940k (2025)

Total Assets

$11.2M (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending April
2025

Fiscal Year Ending April
2024

Fiscal Year Ending April
2023

Fiscal Year Ending April
2022

Fiscal Year Ending April
2021

Fiscal Year Ending April
2020

Fiscal Year Ending April
2019

Fiscal Year Ending April
2018

Fiscal Year Ending April
2017

Fiscal Year Ending April
2016

Fiscal Year Ending April
2015

Fiscal Year Ending April
2014

Fiscal Year Ending April
2013

Fiscal Year Ending April
2012

Fiscal Year Ending April
2011

Fiscal Year Ending April
2010

Fiscal Year Ending April
2009

Fiscal Year Ending April
2008

Fiscal Year Ending April
2007

Fiscal Year Ending April
2006

Fiscal Year Ending April
2005

Fiscal Year Ending April
2004

Fiscal Year Ending April
2003

Fiscal Year Ending April
2002