Since our founding in 2001, the Beaumont Foundation has surpassed $125 million in grants awarded. That is a remarkable legacy upon which to build. We can be proud of how our past has demonstrated our commitment to the Foundation’s mission: enriching lives ~ enhancing futures.
It is hard to believe that 15 years have passed. I am pleased with both the accomplishments of our grantees and with the grant-making process that has guided our efforts. The Foundation’s management and staff have worked exceptionally well with the Board of Directors in forming and refining our organizational structure and decision-making capability, all while remaining attuned to the Foundation’s mission.
At the time the Foundation was created it was widely believed that a central challenge facing poor Americans was the phenomenon known as the Digital Divide. There was clearly a socioeconomic gap between those with access to computer technology and those without. During the first five years the Beaumont Foundation developed and implemented a national program to help bridge the Digital Divide.
The Foundation carried out this mission with remarkable success. As 2005 ended, the Foundation neared the end of the five-year period for its technology grants. During this initial phase, the Beaumont Foundation was a national leader in helping bridge the Digital Divide. We provided grants of technology equipment valued at more than $60 million. These grants included over 28,000 wireless, Internet-enabled laptops to 524 education sites, 309 community organizations, 553 Boys and Girls Clubs, 216 Salvation Army sites, and 1,400 individuals in all 50 states as well as the District of Columbia.
In 2006, the Beaumont Foundation amended its Articles of Incorporation and moved forward with a broad program to provide direct monetary grants to an array of organizations dedicated to helping the poor and disenfranchised. In the decade since 2006 the expanded purpose of the Foundation is clearly demonstrated by the diverse nature of these grants, which total almost $70 million. The largest grants include $15.9 million for scholarships to promote education for deserving young adults. Additionally, $10.2 million was provided to food bank programs, $10.3 million was granted to promote cancer treatment and healthcare for underserved patients, and $10.3 million was granted to assist with foster-care programs. The Foundation also partnered with the Reaud Family Foundation and Beaumont’s Baptist Hospital to construct the Albert E. and Gena Reaud Guest House, which is designed to provide low-cost accommodations for patients and out-of-town families whose loved ones receive care in area hospitals. The Foundation’s Children and Spouses of Fallen Heroes program continues in its mission to provide state-of-the-art laptop computers to dependent children and spouses of military personnel who have given their lives in Iraq and Afghanistan war theatres since September 11, 2001.
I am proud of what the Beaumont Foundation has been able to accomplish thus far. I firmly believe, however, that its most productive days are yet to come.
Wayne A. Reaud
Chairman of the Board
Board of Directors
Wayne A. Reaud
Chairman, Beaumont Foundation
Founder, Reaud, Morgan, Quinn, LLP
Gilbert I. “Buddy” Low
Partner, Orgain, Bell & Tucker, LLP
Jon M. Huntsman
Chairman, Huntsman Corporation