FINANCIALS Our work would not be possible without the community’s generous support. Thanks to the Lynchburg community, we have provided thousands of students with the vital tools and resources, removed barriers that hinder their success, and helped them pursue their pathways with confidence.
FUNDS RAISED The 2023-2024 fiscal year was a successful year of fundraising for Beacon. Funds raised through public support stemmed from grants and foundations (37%), corporate support (27%), individual giving (26%), and special events (10%). Funds raised beyond expenses were invested in the Stay Close, Go Far Program to continue to support the next classes of Lynchburg’s youth.
SPECIAL EVENTS 10%
CORPORATE 27%
INDIVIDUALS 26%
GRANTS AND FOUNDATIONS 37%
FUNDS SPENT
PATHWAYS
Of Beacon’s total operating budget, the far majority of funds were spent directly supporting students through the Future Centers, Office of College and Career Success, scholarships, and our new Pathways initiative. In addition, operational costs support effective delivery of programs.
K-12 PROGRAMS
SCHOLARSHIPS
Program Expenses Operations/Administration Fundraising
77% 15% 8%
OCCS
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