Greensville Memorial Foundation
- Assets
- $0.0
- Revenue
- $1.1m
- Investments
- $7.6m
- Employees
- 0
- Location
- Emporia, VA
- Founding
- 04/1963
- Data as of
- 08/2020
- EIN
- 54-0645217
Organization Overview
Greensville Memorial Foundation is located in Emporia, VA. The organization was established in 1963. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greensville Memorial 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 08/2020, Greensville Memorial Foundation generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $961.0k during the year ending 08/2020. While expenses have increased by 2.9% per year over the past 6 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 2016, Greensville Memorial Foundation has awarded 117 individual grants totaling $3,403,414. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
A FOUNDATION THAT UTILIZES ITS ASSETS AND DONATIONS FOR THE PURPOSE OF COMMUNITY HEALTH AND PUBLIC BENEFIT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jill Slate Exec Direct | 0 | $54,947 | |
Brian K Roberts Vice - Chair | 0 | $0 | |
Robert Grizzard Jr Treasurer | 0 | $0 | |
Michael S Anderson MD Chairman | 0 | $0 | |
Theopolis Gilliam MD Secretary | 0 | $0 | |
Frank E Kientz Member | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hancock Daniel & Johnson Pc | 8/30/22 | $80,987 |
Moseley Architects | 8/30/22 | $275,119 |
Moseley Architects | 8/30/22 | $0 |
Hancock Daniel & Johnson Pc | 8/30/22 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $143,451 |
| Profit on Inventory Sales | $0 |
| Other Income | $303,106 |
| Total Revenue | $1,133,919 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $47,635 |
| Pension plans, employee benefits | $0 |
| Depreciation | $88,966 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $550,576 |
| Contributions, gifts, grants paid | $410,382 |
| Total expenses and disbursements | $960,958 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $332,921 |
| Investments—mortgage loans | $0 |
| Investments—other | $865,281 |
| Other assets | $1,948,277 |
| Mortgages and other notes payable | $160,167 |
| Other liabilities | $124,726 |
Grants Awarded
Over the last fiscal year, Greensville Memorial Foundation has awarded $548,215 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
Dolphin, VA PURPOSE: HEAVY RESCUE TRUCK | $240,000 |
YMCA - EMPORIA PURPOSE: RENT SUPPORT | $150,000 |
LAWRENCEVILLE VOLUNTEER FIRE DEPT PURPOSE: EQUIPMENT | $85,000 |
COMMUNITY COILITION OF SUSSEX PURPOSE: WALKING TRAIL/PLAYGROUND | $50,917 |
EMPORIA SOUTHSIDE RAM PURPOSE: HEALTH SERVICES | $34,000 |
THE DOORWAYS PURPOSE: FAMILY/PATIENT SUPPORT SERVICES | $17,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Thurgood Marshall College Fund Inc Washington, DC | $121,810,471 | $98,266,975 |
Educational Foundation Inc Chapel Hill, NC | $193,854,804 | $63,834,996 |
Nc Student Aid Association Inc Raleigh, NC | $102,296,557 | $23,877,668 |
Breakthrough Prize Foundation Washington, DC | $10,581,357 | $48,295,695 |
Virginia Student Aid Foundation Charlottesville, VA | $165,530,915 | $45,876,846 |
Foundation For Advanced Education In The Sciences Inc Bethesda, MD | $54,757,501 | $41,367,941 |
The North Carolina A&t Real Estate Foundation Inc Greensboro, NC | $169,150,909 | $33,021,773 |
Horatio Alger Association Of Distinguished Americans Inc Alexandria, VA | $58,355,936 | $27,092,429 |
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
American Association Of University Women Inc Washington, DC | $138,843,361 | $18,528,803 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |