Ronald West Family Foundation Inc
- Assets
- $228.7k
- Revenue
- $1.8k
- Investments
- $23.0k
- Employees
- 0
- Location
- Williamsburg, VA
- Founding
- 07/2007
- Data as of
- 12/2021
- EIN
- 20-3871362
Organization Overview
Ronald West Family Foundation Inc is located in Williamsburg, VA. The organization was established in 2007. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ronald West Family 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, Ronald West Family Foundation Inc generated $1.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $26.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ronald West Family Foundation Inc has awarded 52 individual grants totaling $157,640. 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 |
|---|---|---|---|
Bonnie F West Vice Preside | 0 | $0 | |
Ronald L West President | 0 | $0 | |
Jessica L Killmon Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $11 |
| Dividends & Interest | $1,949 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$208 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,752 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $129 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15 |
| Total operating and administrative expenses | $1,144 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $26,144 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $205,702 |
| 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 | $23,007 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $228,709 |
| 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, Ronald West Family Foundation Inc has awarded $25,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
VIRGINIA INSTITUTE OF MARINE SCIENC PURPOSE: CONTRIBUTION | $10,000 |
WUMC - CAPTIAL CAMPAIGN PURPOSE: CONTRIBUTION | $5,000 |
WUMC - GENERAL FUND PURPOSE: CONTRIBUTION | $4,000 |
COLONIAL CASA PURPOSE: CONTRIBUTION | $1,000 |
AVALON CENTER PURPOSE: CONTRIBUTION | $1,000 |
MCV FOUNDATION-CHILDREN'S HOSPITAL PURPOSE: CONTRIBUTION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
The Forum For Youth Investment Washington, DC | $9,053,543 | $7,540,773 |
Hope For The Warriors Springfield, VA | $4,615,443 | $8,207,781 |
Mba Open Doors Foundation Washington, DC | $6,951,188 | $5,196,301 |
Spookstock Foundation Leesburg, VA | $1,341,695 | $5,091,159 |
The Methuselah Foundation Springfield, VA | $18,792,317 | $14,799,805 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Farm Journal Agricultural Foundation Washington, DC | $815,504 | $1,711,147 |
Yellow Ribbon Fund Inc Bethesda, MD | $1,996,496 | $3,055,184 |
Izmirlian International Foundation Washington, DC | $264 | $2,005,003 |