Community Foundation For The Ohio Valley Inc

Organization Overview

Community Foundation For The Ohio Valley Inc is located in Wheeling, WV. The organization was established in 1976. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Community Foundation For The Ohio Valley Inc employed 8 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation For The Ohio Valley 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 06/2021, Community Foundation For The Ohio Valley Inc generated $13.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $4.6m during the year ending 06/2021. While expenses have increased by 10.5% per year over the past 6 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, Community Foundation For The Ohio Valley Inc has awarded 534 individual grants totaling $11,538,114. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION WAS FORMED FOR THE PURPOSE OF SUPPORTING BENEVOLENT, CHARITABLE, OR EDUCATIONAL CAUSES

Describe the Organization's Program Activity:

Part 3 - Line 4a

ONE OF THE MOST IMPORTANT FEATURES OF THE FOUNDATION IS ITS ABILITY TO DISTRIBUTE GRANTS FOR THE BENEFIT OF CHARITABLE OR EDUCATIONALUNDERTAKINGS OF THE OHIO VALLEY


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Board, Officers & Key Employees

Name (title)Compensation
Susie Nelson
Executive Director
$87,000
David Kappel
Vice President
$0
Kristine Molnar
President
$0
Mark A Mckeen
Treasurer
$0
James G Squibb Jr
Secretary
$0
Tulane Mensore
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,065,250
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,065,250
Total Program Service Revenue$0
Investment income $905,830
Tax Exempt Bond Proceeds $0
Royalties $102,917
Net Rental Income $36,421
Net Gain/Loss on Asset Sales $10,333,334
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $13,730,137

Grants Awarded

Over the last fiscal year, Community Foundation For The Ohio Valley Inc has awarded $2,428,327 in support to 82 organizations.

Grant RecipientAmount

MIDDLEBOURNE PARKS & RECREATION FACILITIES INC

Org PageRecipient Profile

Middlebourne, WV

PURPOSE: GENERAL SUPPORT

$196,220

THE OGLEBAY FOUNDATION

Org PageRecipient Profile

Wheeling, WV

PURPOSE: GENERAL SUPPORT

$189,964

TYLER COUNTY BOARD OF EDUCATION

PURPOSE: GENERAL SUPPORT

$159,502

WHEELING HEALTH RIGHT INC

Org PageRecipient Profile

Wheeling, WV

PURPOSE: PUBLIC HEALTH

$125,368

YOUTH SERVICES SYSTEM INC

Org PageRecipient Profile

Wheeling, WV

PURPOSE: GENERAL SUPPORT

$116,177

HOUSE OF THE CARPENTER

Org PageRecipient Profile

Wheeling, WV

PURPOSE: GENERAL SUPPORT

$112,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 13 grants that Community Foundation For The Ohio Valley Inc has recieved totaling $619,792.

Awarding OrganizationAmount
Eqt Foundation

Pittsburgh, PA

PURPOSE: EDUCATION & WORKFORCE

$254,100
Reeder Foundation

Boston, MA

PURPOSE: UNRESTRICTED

$160,000
Amalgamated Charitable Foundation Inc

Washington, DC

PURPOSE: General operating support

$77,000
Network For Good Inc

Washington, DC

PURPOSE: UNRESTRICTED

$51,193
Chris Hess Foundation

Wheeling, WV

PURPOSE: CHARITABLE

$40,000
Stamp Charitable Fund

Wheeling, WV

PURPOSE: WOMEN'S GIVING CIRCLE

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$49,724,869
Earnings$8,191,329
Admin Expense$521,348
Net Contributions$748,355
Other Expense$293,421
Grants$1,352,996
Ending Balance$56,496,788

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