Marie Leist Foundation Inc is located in Lewisburg, WV. The organization was established in 2006. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Marie Leist 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 12/2022, Marie Leist Foundation Inc generated $42.9k 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 (4.2%) each year. All expenses for the organization totaled $66.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Marie Leist Foundation Inc has awarded 76 individual grants totaling $404,384. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Aulton D Smith President | 0 | $0 | |
Kimberly Curry Vice President | 0 | $0 | |
Joann Leist Secretary | 0 | $0 | |
Sherry Ferrell Secretary | 2 | $2,400 | |
Stephen Baldwin Treasurer | 0 | $0 | |
Nathan Leist Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $35,151 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $7,726 |
Capital Gain Net Income | $7,726 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $42,877 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $2,400 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $2,441 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $2,066 |
Printing and publications | $0 |
Other expenses | $982 |
Total operating and administrative expenses | $21,170 |
Contributions, gifts, grants paid | $45,300 |
Total expenses and disbursements | $66,470 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,134 |
Savings and temporary cash investments | $16,852 |
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 | $870,737 |
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 |
Over the last fiscal year, Marie Leist Foundation Inc has awarded $45,300 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
COMMUNITIES IN SCHOOLS GBR COUNTY PURPOSE: DROP-OUT PREVENTION PROGRAM | $4,000 |
DAVIS ELKINS COLLEGE PURPOSE: GREENBRIER & POCAHONTAS COUNTY SCHOLARSHIPS | $6,000 |
FAMILY REFUGE CENTER PURPOSE: DOMESTIC VIOLENCE AWARENESS AND PREVENTION | $2,000 |
GATEWAY INDUSTRIES PURPOSE: JEWELRY PROGRAM TO CREATE WORK FOR PARTICIPANTS | $3,500 |
GREENBRIER EAST HIGH SCHOOL PURPOSE: MARCHING BAND TRAVEL EXPENSES | $4,000 |
GREENBRIER HISTORICAL SOCIETY PURPOSE: CLASSROOM EDUCATIONAL PROGRAMMING | $1,000 |