Ralph a Beebee Charitable Trust Commerce FY2021 filing

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To support and endow the Beebee memorial chair at shattuck-st mary's school.

Form 990 Part I, line 1, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 37-6490629) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
66¢ of each $1 spent went to programs.
$14K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $41K a year · 57% of revenue · last 5 filings
A surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
66%
of spending
66% of spending went to programs.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$14K
to officers and key staff · 48% of spending
Pay to officers and key staff is 48% of spending.
Part VII, Section A
6.2 mo
of spending, in cash
Plus $1.1M in investments, Pt X · Ln 11–13
6.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Liabilities are 0% of assets.
Pt X · Ln 26
Independent board members
1
of 1 voting members
1 of 1 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$86K
Spent
$29K
To programs
66%
Net assets
$1.1M
By yearFY2021–FY2025
Revenue
$86K
FY2021
Tap a bar for its year
Revenue by fiscal year
FY2021$86K
FY2022$44K
FY2023$19K
FY2024$190K
FY2025$18K
Expenses
$29K
FY2021
Tap a bar for its year
Expenses by fiscal year
FY2021$29K
FY2022$31K
FY2023$31K
FY2024$31K
FY2025$32K
Net assets
$1.1M
FY2021
Tap a bar for its year
Net assets by fiscal year
FY2021$1.1M
FY2022$999K
FY2023$1.1M
FY2024$1.2M
FY2025$1.3M

From the FY2021 Form 990 (year ending June 2021) · see the original

You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

66 cents of each dollar spent went to programs.

Program services 66% · $19K Management & general 34% · $10K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

1 person listed on the 990; $14K paid to officers and key staff (Part VII, Section A).

Part VII, Section A · reportable compensation
$13,958Pt VII · Sec A

Commerce Trust’s $17K as Trustee is at the 65th percentile of top reported officer pay among 133 <$100K philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021
Commerce Trust$17,354$15,836$14,237——
Commerce Trust Company———$15,527$13,958

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Ralph a Beebee Charitable Trust Commerce executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Supports and endows a memorial chair at Shattuck-St. Mary's School.

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1 program · $29K · in their own filed words · FY2020
01

Distribution of income to supported organization, shattuck-st mary's school, to endow the beebee memorial chair to develop new courses in mathematics and the sciences.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 37-6490629) · Dispute this line
$29Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 5 grants · $77K · 2020–2024
Shattuck-St Mary's SchoolMN · FY2024$14,919
Shattuck-St Mary's SchoolMN · FY2023$14,793
Shattuck-St Mary's SchoolMN · FY2022$16,416
Shattuck-St Mary's SchoolMN · FY2021$15,387
Shattuck-St Mary's SchoolMN · FY2020$15,075

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$86K
Ln 12
Other incomeLn 4–11$63K
Investment incomeLn 3$23K
Money outPt IX
$29K
Ln 25
Programscol B$19K
Managementcol C$10K
Owns and owesPt X
$1.1M
net assets · Ln 32
Cash and savingsLn 1–2$15K
Total assetsLn 16$1.1M
LiabilitiesLn 26$0
PeoplePt VI, VII
1
listed · VII A
PaidVII A1
Voting boardVI 1a1
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Investment incomeLn 3$23K
Other incomeLn 4–11$63K
Gains on assetsLn 7$62K
Total revenueLn 12$86K
Assets in detailPt X, end of year
SavingsLn 2$15K
Cash and savings togetherLn 1–2$15K
InvestmentsLn 11–13$1.1M
Total assetsLn 16$1.1M
LiabilitiesLn 26$0
Net assetsLn 32$1.1M
OperationsPt I, VI
EmployeesI 50
VolunteersI 61
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
EndowmentSch D · Pt V
LineFY21FY20FY19FY18FY17
End of yearLn 1g$766K$709K$708K$691K$661K
SpentLn 1d–1f$29K$32K$33K$29K$28K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$28K$15K
InvestmentsLn 11–13$918K$1.1M
Total assetsLn 16$946K$1.1M
LiabilitiesLn 26$0$0
Net assetsLn 32$946K$1.1M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$15K$15K
Pay of officers and key staff (Part IX, line 5)Ln 5$14K$4K$10K
All other expensesLn 24e$1$1
Total functional expensesLn 25$29K$19K$10K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Nov 5, 2025 $18K$32K−$15K$1.3M 990 PDF
FY2024Filed with the IRS Oct 29, 2024 $190K$31K$159K$1.2M 990 PDF
FY2023Filed with the IRS Nov 3, 2023 $19K$31K−$12K$1.1M 990 PDF
FY2022Filed with the IRS Nov 9, 2022 $44K$31K$13K$999K 990 PDF
FY2021 ViewingFiled with the IRS Nov 8, 2021 $86K$29K$57K$1.1M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants O · Explanations
See the full FY2021 990
Part I · Summary $85,868 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenue$0
I-10 Investment incomePrior year $33,128$85,720
I-11 Other revenue$148
I-12 Total revenuePrior year $33,128$85,868
I-13 Grants and similar amounts paidPrior year $19,043$15,075
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $12,951$13,958
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1$1
I-18 Total expensesPrior year $31,995$29,034
I-19 Revenue less expensesPrior year $1,133$56,834
Part VI · Governance 1 of 1 board members independent, 3 to look at
VI-1a Voting members of the governing body1
VI-1b Independent voting members1
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $85,868 across 4 lines filed
VIII-3 Investment incomeExcluded from tax $23,361$23,361
VIII-7 Net gain or loss on sales of assetsRelated to mission $62,359$62,359
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $148$148
VIII-12 Total revenueRelated to mission $62,359 · Excluded from tax $23,509$85,868
Part IX · Statement of functional expenses $29,034 across 3 lines filed
IX-1 Grants to domestic organizationsPrograms $15,075$15,075
IX-5 Pay of officers and key staff (Part IX, line 5)Programs $4,187 · Management $9,771$13,958
IX-24e All other expensesPrograms $1$1
IX-25 Total functional expensesPrograms $19,263 · Management $9,771 · Fundraising $0$29,034
Part X · Balance sheet $1,133,878 assets, 7 lines filed
X-2 Savings and temporary cash investmentsStart of year $28,122$14,950
X-11 Publicly traded securitiesStart of year $917,998$1,118,928
X-16 Total assetsStart of year $946,120$1,133,878
X-26 Total liabilitiesStart of year $0$0
X-31 Retained earnings or endowmentStart of year $946,120$1,133,878
X-32 Total net assets or fund balancesStart of year $946,120$1,133,878
X-33 Total liabilities and net assetsStart of year $946,120$1,133,878
Part XI · Reconciliation of net assets $1,133,878 net assets at year end
XI-1 Total revenue$85,868
XI-2 Total expenses$29,034
XI-3 Revenue less expenses$56,834
XI-4 Net assets at start of year$946,120
XI-5 Net unrealized gains (losses) on investments$130,919
XI-9 Other changes in net assets$5
XI-10 Net assets at end of year$1,133,878

Form 990 e-file FY2021 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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