Verla Nesbitt Joscelyn Foundation
- Assets
- $7.3m
- Revenue
- $249.3k
- Investments
- $7.2m
- Employees
- 0
- Location
- Salina, KS
- Founding
- 06/1970
- Data as of
- 12/2022
- EIN
- 23-7067278
Organization Overview
Verla Nesbitt Joscelyn Foundation is located in Salina, KS. The organization was established in 1970. 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. Verla Nesbitt Joscelyn Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2015, Verla Nesbitt Joscelyn Foundation has awarded 329 individual grants totaling $3,116,727. 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 |
|---|---|---|---|
Mark Zimmerman Vice Preside | 0 | $16,000 | |
Tom A Williamson Treasurer | 0 | $16,000 | |
Janice L Doherty President | 0 | $16,000 | |
George W Yarnevich Vice Preside | 0 | $16,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $845 |
| Dividends & Interest | $262,442 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$14,031 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $249,256 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $64,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6,389 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,513 |
| Total operating and administrative expenses | $77,018 |
| Contributions, gifts, grants paid | $321,000 |
| Total expenses and disbursements | $398,018 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,025 |
| Savings and temporary cash investments | $76,843 |
| 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 | $919 |
| Total assets | $7,325,364 |
| 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, Verla Nesbitt Joscelyn Foundation has awarded $321,000 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS PURPOSE: GENERAL FUND | $9,000 |
ASHBY HOUSE LTD PURPOSE: GENERAL FUND | $2,000 |
BACK TO SCHOOL FAIR PURPOSE: GENERAL FUND | $2,000 |
BETHANY COLLEGE PURPOSE: GENERAL FUND | $10,000 |
BIG BROTHERSBIG SISTERS OF SALINA PURPOSE: GENERAL FUND | $10,000 |
CATHOLIC CHARITIES PURPOSE: GENERAL FUND | $1,000 |