Walter E Buck Nutter And David H Nutter Foundation Inc
- Assets
- $4.3m
- Revenue
- $297.9k
- Investments
- $2.7m
- Employees
- 0
- Location
- Lost Creek, WV
- Founding
- 05/2005
- Data as of
- 12/2021
- EIN
- 41-2142894
Organization Overview
Walter E Buck Nutter And David H Nutter Foundation Inc is located in Lost Creek, WV. The organization was established in 2005. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Walter E Buck Nutter And David H Nutter 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, Walter E Buck Nutter And David H Nutter Foundation Inc generated $297.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $148.9k during the year ending 12/2021. While expenses have increased by 2.8% 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.
Since 2015, Walter E Buck Nutter And David H Nutter Foundation Inc has awarded 358 individual grants totaling $684,800. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS (48) INDIVIDUALS
GRANTS (7)
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isaac Maxwell President | 5 | $1,600 | |
Randy Williams Secretary | 5 | $1,600 | |
Virgil L Mcnemar Vice President | 5 | $1,600 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $936 |
| Dividends & Interest | $166,450 |
| Net Rental Income | $111,651 |
| Net Gain on Sale of Assets | $13,890 |
| Capital Gain Net Income | $13,890 |
| Net ST Capital Gain | $298 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,004 |
| Total Revenue | $297,931 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,800 |
| Other employee salaries and wages | $3,000 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,571 |
| Depreciation | $50 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,592 |
| Total operating and administrative expenses | $19,367 |
| Contributions, gifts, grants paid | $129,500 |
| Total expenses and disbursements | $148,867 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $84,525 |
| Savings and temporary cash investments | $299,299 |
| 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 | $1,262,994 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,305,758 |
| 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, Walter E Buck Nutter And David H Nutter Foundation Inc has awarded $129,500 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHERN AREA LIBRARY PURPOSE: DONATION | $7,000 |
LOST CREEK METHODIST CHURCH PURPOSE: DONATION | $7,000 |
Clarksburg, WV PURPOSE: DONATION | $7,000 |
SALVATION ARMY PURPOSE: DONATION | $7,000 |
UNITED WAY OF HARRISON AND DODDRIDGE COUNTIES PURPOSE: DONATION | $7,000 |
CLARKSBURG MISSION PURPOSE: DONATION | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dave Thomas Foundation For Adoption Dublin, OH | $82,316,858 | $45,774,004 |
Childrens Center For Treatment And Education Bradford, PA | $5,348,327 | $25,705,354 |
Fisher House Foundation Inc Rockville, MD | $70,108,334 | $49,075,688 |
Peter Becker Community Harleysville, PA | $93,663,279 | $25,907,614 |
Evangelical Services For The Aging Warminster, PA | $27,952,324 | $19,280,063 |
Applewood Centers Inc Shaker Heights, OH | $31,325,035 | $19,367,243 |
Yum Brands Foundation Inc Louisville, KY | $62,047,633 | $1,353,894 |
Bell Socialization Services Inc York, PA | $8,348,943 | $17,857,924 |
Truth For Life Solon, OH | $28,565,821 | $20,814,256 |
Mvle Inc Springfield, VA | $9,312,046 | $13,677,162 |
Valley Health Care Inc Mill Creek, WV | $12,122,859 | $14,871,772 |
Potomac Institute For Policy Studies Arlington, VA | $5,742,038 | $10,808,828 |