Marie Leist Foundation Inc
- Assets
- $894.3k
- Revenue
- $114.3k
- Investments
- $881.5k
- Employees
- 0
- Location
- Lewisburg, WV
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 20-3954960
Organization Overview
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 12/2021, Marie Leist Foundation Inc generated $114.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $70.0k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Marie Leist Foundation Inc has awarded 82 individual grants totaling $413,924. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Ferrell Secretary | 2 | $2,300 | |
Aulton D Smith President | 0 | $0 | |
Kimberly Curry Vice President | 0 | $0 | |
Joann Leist Secretary | 0 | $0 | |
Stephen Baldwin Treasurer | 0 | $0 | |
Nathan Leist Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $67,406 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $46,904 |
| Capital Gain Net Income | $46,904 |
| Net ST Capital Gain | $2,094 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $114,317 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,300 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $959 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,150 |
| Printing and publications | $0 |
| Other expenses | $785 |
| Total operating and administrative expenses | $20,014 |
| Contributions, gifts, grants paid | $50,000 |
| Total expenses and disbursements | $70,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,975 |
| Savings and temporary cash investments | $7,865 |
| 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 | $894,330 |
| 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, Marie Leist Foundation Inc has awarded $50,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF RONCEVERTE PURPOSE: ADA COMPLIANT PLAYGROUND EQUIPMENT FLAG AND POLE | $10,400 |
Ronceverte, WV PURPOSE: CITY HALL BUILDING RESTORATION PAINTING AND DOORS | $10,000 |
WHITE PINE HOLINESS CAMP PURPOSE: ROOF REPLACEMENT | $7,000 |
Elkins, WV PURPOSE: GREENBRIER & POCAHONTAS COUNTY SCHOLARSHIPS | $6,000 |
NEW RIVER COMMUNITY TECH COLLEGE PURPOSE: GREENBRIER COUNTY SCHOLARSHIPS | $4,000 |
Ronceverte, WV PURPOSE: HEALTHY SNACKS FOR PROGRAM PARTICIPANTS | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
The Powder Mill Foundation York, PA | $147,181,195 | $3,651,780 |
Joseph And Marion Wesley Family Foundation Philadelphia, PA | $658,173 | $9,365,078 |
Wexner Foundation New Albany, OH | $6,442,852 | $9,976,190 |
Arete Foundation Philadelphia, PA | $69,704,325 | $5,927,114 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
Hcs Foundation Cleveland, OH | $105,976,263 | $7,902,405 |
Independence Blue Cross Foundation Philadelphia, PA | $149,853,954 | $24,274,350 |