Mary B Nickell Foundation Inc
- Assets
- $826.3k
- Revenue
- $117.6k
- Investments
- $812.9k
- Employees
- 0
- Location
- Bluefield, WV
- Founding
- 07/2004
- Data as of
- 12/2021
- EIN
- 20-1185471
Organization Overview
Mary B Nickell Foundation Inc is located in Bluefield, WV. The organization was established in 2004. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mary B Nickell Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Mary B Nickell Foundation Inc generated $117.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $76.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Mary B Nickell Foundation Inc has awarded 49 individual grants totaling $253,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Kemper Wharton President | 1 | $200 | |
Aaron Ambler Vice President | 1 | $200 | |
Sherry Ferrell Treasurer | 1 | $200 | |
Julie Johnson Secretary | 1 | $0 | |
Elizabeth Sudduth Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,071 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $89,498 |
| Capital Gain Net Income | $89,498 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $117,569 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $270 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $12,680 |
| Contributions, gifts, grants paid | $64,000 |
| Total expenses and disbursements | $76,680 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $13,384 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $826,327 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Mary B Nickell Foundation Inc has awarded $64,000 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Rupert, WV PURPOSE: FOOD SERVICES FOR LOW INCOME INDIVIDUALS | $15,000 |
Lewisburg, WV PURPOSE: STUDENT DROPOUT PREVENTION | $10,000 |
NEW RIVER COMMUNITY AND TECHNICAL COLLEGE FOUNDATION PURPOSE: DONATION TO THE MARY B NICKELL FINE ARTS SCHOLARSHIP FUND | $5,000 |
READ ALOUD WEST VIRGINIA PURPOSE: SUMMER READING PROGRAM | $5,000 |
NORTHERN GREENBRIER LATCHKEY KIDS INC PURPOSE: AFTERSCHOOL PROGRAM | $5,000 |
Lewisburg, WV PURPOSE: SENIOR SCHOLARSHIPS | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
Maryland Philanthropy Network Inc Baltimore, MD | $5,808,264 | $5,920,100 |
Meor Inc Silver Spring, MD | $283,304 | $5,067,456 |
Beta Theta Pi Foundation Oxford, OH | $33,085,697 | $6,703,723 |
Henrico Education Foundation Incorporated Henrico, VA | $1,910,582 | $5,313,927 |
Access College Foundation Norfolk, VA | $62,526,055 | $4,039,611 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |
Military Officers Association Of America Scholarship Fund Alexandria, VA | $166,984,015 | $13,631,800 |
Cardinal Health Foundation Dublin, OH | $40,394,329 | $2,713,784 |