Spartan Foundation
- Assets
- $17.4m
- Revenue
- $57.8k
- Investments
- $15.0m
- Employees
- 0
- Location
- Vienna, WV
- Founding
- 06/2006
- Data as of
- 12/2022
- EIN
- 20-4153385
Organization Overview
Spartan Foundation is located in Vienna, 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. Spartan Foundation 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, Spartan Foundation generated $57.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (47.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Spartan Foundation has awarded 67 individual grants totaling $3,875,157. 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
NONE
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Harry H Esbenshade III President | 1 | $0 | |
Robert E Kirkbride Vice President | 1 | $0 | |
Thomas A Heywood Vice President | 1 | $0 | |
John L Thomas Vice President | 1 | $0 | |
Thomas R Davies Vice President | 1 | $0 | |
Bryan J Ream Vice President And Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,069 |
| Dividends & Interest | $337,482 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$288,475 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,763 |
| Total Revenue | $57,839 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $49,555 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,629 |
| Total operating and administrative expenses | $263,952 |
| Contributions, gifts, grants paid | $1,527,594 |
| Total expenses and disbursements | $1,791,546 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,425,110 |
| 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 | $2,600,304 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $17,385,788 |
| 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, Spartan Foundation has awarded $1,527,594 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS GIRLS CLUB OF PARKERSBURG PURPOSE: COMMUNITY FUNDRAISING CONTRIBUTION | $250,000 |
MARIETTA COLLEGE PURPOSE: CONTRIBUTION - ANNUAL FUND | $10,000 |
CITY OF VIENNA PARKS AND RECREATION PURPOSE: CONTRIBUTION - CAPITAL PROJECT | $250,000 |
WVU MED CAMDEN CLARK MEDICAL CENTER PURPOSE: CONTRIBUTION - MEDICAL EQUIPMENT | $105,000 |
MARIETTA COLLEGE PURPOSE: EARMARKED - CONTRIBUTION | $46,229 |
HAVENER EYE INSTITUTE PURPOSE: CONTRIBUTION | $100,000 |