Ppl Foundation
- Assets
- $302.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chatham, VA
- Founding
- 08/1984
- Data as of
- 12/2021
- EIN
- 52-1315406
Organization Overview
Ppl Foundation is located in Chatham, VA. The organization was established in 1984. 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. Ppl Foundation 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, Ppl Foundation generated $83.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $4.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROMOTE READING PROGRAMS AND TO PROVIDE/MAINTAIN LIBRARY FACILITIES IN PITTSYLVANIA COUNTY VA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bert Eades Treasurer | 5 | $0 | |
Phyllis Roach Director | 1 | $0 | |
Alice Shelton Director | 1 | $0 | |
Lisa Tuite Secretary | 2 | $0 | |
Mary Wertz President | 5 | $0 | |
Debra Turner Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,750 |
| Total Program Service Revenue | $5,429 |
| Membership dues | $0 |
| Investment income | $12,181 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $83,360 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $1,437 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,389 |
| Total expenses | $4,826 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $258,640 |
| Other assets | $0 |
| Total assets | $302,071 |
| Total liabilities | $0 |
| Net assets or fund balances | $302,071 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Ppl Foundation has recieved totaling $326,500.
| Awarding Organization | Amount |
|---|---|
Danville Regional Foundation Danville, VA PURPOSE: GRETNA LIBRARY EXPANSION | $296,500 |
Centra Health Inc Lynchburg, VA PURPOSE: Community Svcs | $17,500 |
Danville Regional Foundation Danville, VA PURPOSE: GRETNA LIBRARY EXPANSION | $10,000 |
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: GRETNA LIBRARY RENOVATION | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Robins Foundation Richmond, VA | $182,936,779 | $19,761,890 |
Jacob And Hilda Blaustein Foundation Inc Baltimore, MD | $130,688,531 | $27,779,767 |
Carson-Myre Charitable Foundation Paducah, KY | $72,587,857 | $8,781,396 |
Virginia Institute Of Autism Incorporated Charlottesville, VA | $13,400,970 | $11,731,710 |
Clark-Winchcole Foundation Bethesda, MD | $197,708,650 | $12,024,655 |
Joe C Davis Foundation Nashville, TN | $101,782,891 | $6,182,733 |
National Minority Quality Forum Inc Washington, DC | $4,852,871 | $11,649,230 |
Gambrell Foundation Charlotte, NC | $0 | $18,901,501 |
Day Foundation Memphis, TN | $0 | $13,711,953 |
Clayton Family Foundation Knoxville, TN | $90,913,195 | $17,391,150 |
Affordable Housing Opportunity Fund Inc Charlottesville, VA | $703,537 | $6,974,715 |
G Harbaugh Foundation Franklin, TN | $61,708,468 | $12,393,056 |