Logan County Charitable And Educational Foundation Inc

Organization Overview

Logan County Charitable And Educational Foundation Inc is located in Logan, WV. The organization was established in 1997. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Logan County Charitable And Educational 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, Logan County Charitable And Educational Foundation Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 47.1% each year . All expenses for the organization totaled $193.8k during the year ending 12/2021. While expenses have increased by 14.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO SUPPORT THE LOCAL EDUCATION COMMUNITY BY PROVIDING GRANTS AND SCHOLARSHIPS TO STUDENTS WHO WILL BE CONTINUING THEIR EDUCATION AND COMMUNITY GRANTS WHICH SUPPORT VARIOUS YOUTH GROUPS AND ORGANIZATIONS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO REWARD STUDENTS WITH EDUCATIONAL SCHOLARSHIPS


TO SUPPORT THE LOCAL EDUCATION COMMUNITY BY PROVIDING GRANTS AND SCHOLARSHIPS TO STUDENTS THAT WILL BE CONTINUING THEIR EDUCATION


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Board, Officers & Key Employees

Name (title)Compensation
Michael Hatfield
Treasurer
$0
Carol Wood
Secretary
$0
Wilma Zigmond
President
$0
Clinton Winter
Vice Preside
$0
Linda E Akers
Director
$0
Eddie Jo Canterbury
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$183,686
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$183,686
Total Program Service Revenue$0
Investment income $1,139,196
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,322,882

Grants Awarded

Over the last fiscal year, Logan County Charitable And Educational Foundation Inc has awarded $25,200 in support to 3 organizations.

Grant RecipientAmount

SOUTHERN COALITION FOR THE ARTS

Org PageRecipient Profile

Logan, WV

|

$10,000

SOUTHERN WV COMMUNITY COLLEGE

Org PageRecipient Profile

Logan, WV

|

$8,000

HOLY TRINITY CHURCH

|

|

$7,200
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Logan County Charitable And Educational Foundation Inc has recieved totaling $32,500.

Awarding OrganizationAmount
Vanguard Charitable Endowment Program

Southeastern, PA

PURPOSE: FOR RECIPIENT'S EXEMPT PURPOSE

$22,500
Greater Kanawha Valley Foundation

Charleston, WV

PURPOSE: GENERAL SUPPORT

$5,000
Greater Kanawha Valley Foundation

Charleston, WV

PURPOSE: GENERAL SUPPORT

$5,000
View Grant Recipient Profile

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