Beefmaster Educational
Endowment Foundation
BEEF Mission Statement
The Foundation is dedicated to making a great breed of cattle even better through scientific research, education of the breed’s future leaders and providing valuable information to the public through research about Beefmasters as superior beef production animals.
Our mission is not just about money… It’s about channeling resources to benefit the long-term health of the breed in ways that BBU and the individual members cannot.
Contributions to this non-profit are tax deductible. Our 100% volunteer staff manages the Foundation’s investments. The investment corpus is never touched- only the earnings are distributed. A large portion of every dollar goes back into research and education. Your generosity supports the success of our Beefmaster breed. Contributions are made to research, education and scholarships.
Pillar 1 – Research $281,561
BEEF funds research projects submitted by BBU to advance the Beefmaster breed. For example, the Genomics Testing and Carcass Evaluations have been integral in gathering enough data and results from carcass data to prove the benefits of Beefmaster cattle to the entire cattle industry. Research data gives Beefmaster a marketing edge.
Pillar 2 – Scholarships $107,500
A primary funding focus of BEEF has been to provide Beefmaster youth opportunities to become strong leaders for the future of the Beefmaster breed, their communities, and the agricultural industry. The Foundation provides a number of scholarship opportunities, including the new “Prime Beef” scholarship, which is $8,000 over 4 years, with a new one awarded each year.
Pillar 3 – Education $45,429
The funds directed to Education allow funding for speakers, education classes, symposiums and field day education.
How it Works
The BEEF Foundation board, comprised of elected Beefmaster breeders, processes all gifts and manages the investment program. We have enjoyed a 10% return on investment over the past three years, while maintaining a very conservative investment policy. Most importantly, none of the corpus of gifts to BEEF will ever be spent – only the investment income. The Foundation Board is staffed 100% with volunteers. Compared to the typical foundation, a very large portion of every dollar goes back into education and research.
Get Involved
We are seeking 100% involvement from Beefmaster breeders – no gift is too small! There is a great deal of flexibility in how you donate – and those gifts are 100% tax deductible. The most popular method has been a pledge made out over 5 years and you can pay monthly as much as you wish.
Join Us in Making a Difference - Sign up to Volunteer & Be a Part of BEEF!
Join Us in Making A Difference- Sign up Today to Volunteer and be a part of BEEF!
BEEF Fireball
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