John Pais Family Switchback Wv Educational Foundation Inc
- Assets
- $132.1k
- Revenue
- $6.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Bluefield, WV
- Founding
- 03/1998
- Data as of
- 06/2024
- EIN
- 31-1561732
Organization Overview
John Pais Family Switchback Wv Educational Foundation Inc is located in Bluefield, WV. The organization was established in 1998. 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. John Pais Family Switchback WV 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 06/2024, John Pais Family Switchback WV Educational Foundation Inc generated $6.9k in total revenue. All expenses for the organization totaled $42.2k during the year ending 06/2024.
Since 2021, John Pais Family Switchback WV Educational Foundation Inc has awarded 58 individual grants totaling $209,371. 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 |
|---|---|---|---|
Elizabeth Pruett Director | 5 | $800 | |
B K Satterfield Director | 1 | $800 | |
John Palko Jr Director | 1 | $800 | |
Summit Community Bank Trustee | 5 | $1,280 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,883 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,883 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,680 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,400 |
| Total operating and administrative expenses | $7,530 |
| Contributions, gifts, grants paid | $34,699 |
| Total expenses and disbursements | $42,229 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $132,069 |
| 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 | $132,069 |
| 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, John Pais Family Switchback Wv Educational Foundation Inc has awarded $34,699 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
EMILEA JUSTICE PURPOSE: SCHOLARSHIP | $6,049 |
ASHLYN RICHARDSON PURPOSE: SCHOLARSHIP | $2,500 |
ALEXIS HICKS PURPOSE: SCHOLARSHIP | $5,000 |
ADKINS DANIEL PURPOSE: SCHOLARSHIP | $1,100 |
AMBER EDWARDS PURPOSE: SCHOLARSHIP | $5,200 |
CONNER WHITE PURPOSE: SCHOLARSHIP | $2,850 |