Craig W Virden Foundation Inc
- Assets
- $202.2k
- Revenue
- $10.0k
- Investments
- $172.6k
- Employees
- 0
- Location
- South Orange, NJ
- Founding
- 03/2013
- Data as of
- 12/2023
- EIN
- 46-0984204
Organization Overview
Craig W Virden Foundation Inc is located in South Orange, NJ. The organization was established in 2013. 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. Craig W Virden 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 12/2023, Craig W Virden Foundation Inc generated $10.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (22.9%) each year. All expenses for the organization totaled $22.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Craig W Virden Foundation Inc has awarded 55 individual grants totaling $348,000. 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 |
|---|---|---|---|
Nancy Gallt President | 1 | $0 | |
Emily G Virden Director | 0.01 | $0 | |
Samuel W Virden Director | 0.01 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,200 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,847 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$4,029 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,018 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $103 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $72 |
| Total operating and administrative expenses | $1,210 |
| Contributions, gifts, grants paid | $21,000 |
| Total expenses and disbursements | $22,210 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $21,291 |
| Savings and temporary cash investments | $7,208 |
| 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 | $1,022 |
| Total assets | $202,166 |
| 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, Craig W Virden Foundation Inc has awarded $21,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
AFRICAN ARTISTS' COMMUNITY DEV PROJECT PURPOSE: ASSIST DISABLEDZAMBIAN WOMEN AND CHILDREN | $0 |
DOCTORS WITHOUT BORDERS PURPOSE: INTERNATIONALMEDICAL AID | $6,000 |
BEST FRIENDS ANIMAL SOCIETY PURPOSE: PROMOTE ANIMALWELFARE | $0 |
MOTHERS2MOTHERS PURPOSE: PEDIATRICAIDS PREVENTION | $10,000 |
GALLOPNYC PURPOSE: THERAPEUTIC HORSEMANSHIPFOR CHILDRENWITH DISABILITES | $5,000 |
INTACT AMERICA PURPOSE: CHARITY GROUP WORKINGTO END CHILDGENITAL CUTTING | $0 |