Prewitt And Valerie Semmes Foundation
- Assets
- $69.5k
- Revenue
- $1.4k
- Investments
- $42.0k
- Employees
- 0
- Location
- Keswick, VA
- Founding
- 02/1956
- Data as of
- 12/2018
- EIN
- 38-6052364
Organization Overview
Prewitt And Valerie Semmes Foundation is located in Keswick, VA. The organization was established in 1956. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HAS NO DIRECT CHARITABLE ACTIVITY.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $29 |
| Dividends & Interest | $1,330 |
| 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 | $1,359 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $27 |
| Total operating and administrative expenses | $2,142 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $4,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,656 |
| Savings and temporary cash investments | $25,827 |
| 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 | $69,495 |
| 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, Prewitt And Valerie Semmes Foundation has awarded $2,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
GRACE EPISCOPAL CHURCH PURPOSE: GENERAL SUPPORT | $500 |
THOROUGHBRED RETIREMENT FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |
KESWICK HUNTER JUMPER FOUNDATION PURPOSE: GENERAL SUPPORT | $500 |