Greenwood Springs Foundation
- Assets
- $103.0k
- Revenue
- $67.1k
- Investments
- $101.3k
- Employees
- 0
- Location
- Greenwood, VA
- Founding
- 04/2010
- Data as of
- 12/2022
- EIN
- 27-0329617
Organization Overview
Greenwood Springs Foundation is located in Greenwood, VA. The organization was established in 2010. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Greenwood Springs 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, Greenwood Springs Foundation generated $67.1k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $30.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HUMANITARIAN AID, EDUCATION AND SPIRITUAL FORMATION PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Anne L Knasel President | 5 | $0 | |
Thomas M Knasel Vice Preside | 5 | $0 | |
David M Knasel Secretary | 2 | $0 | |
William H Knasel Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $60,559 |
| Interest on Savings | $7 |
| Dividends & Interest | $5,964 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $545 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $67,075 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $300 |
| Printing and publications | $505 |
| Other expenses | $1,797 |
| Total operating and administrative expenses | $2,602 |
| Contributions, gifts, grants paid | $28,075 |
| Total expenses and disbursements | $30,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,623 |
| Savings and temporary cash investments | $0 |
| 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 | $102,953 |
| 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, Greenwood Springs Foundation has awarded $28,075 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ST THOMAS AQUINAS CHURCH PURPOSE: HIMANITARIAN AID-SPIRITUAL FORMATION | $13,000 |
OUR LADY OF THE ROSARY PURPOSE: HUMANITARIAN AID-SPIRITUAL FORMATION | $6,775 |
BOSTON UNIVERSITY PURPOSE: EDUCATION | $1,000 |
UNIVERSITY OF VIRGINIA PURPOSE: EDUCATION | $3,000 |
CATHOLIC DIOCESE OF RICHMOND PURPOSE: HUMANITARIAN AID-SPIRITUAL FORMATION | $3,200 |
ST VINCENT DE PAUL SOCIETY PURPOSE: HUMANITARIAN AID-SPIRITUAL FORMATION | $500 |