Ben D Conley Charitable & Educational Foundation
- Assets
- $2.2m
- Revenue
- $27.7k
- Investments
- $2.0m
- Employees
- 0
- Location
- Kilmarnock, VA
- Founding
- 08/1988
- Data as of
- 11/2022
- EIN
- 54-1398809
Organization Overview
Ben D Conley Charitable & Educational Foundation is located in Kilmarnock, VA. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Ben D Conley Charitable & Educational 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 11/2022, Ben D Conley Charitable & Educational Foundation generated $27.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (40.5%) each year. All expenses for the organization totaled $167.3k during the year ending 11/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ben D Conley Charitable & Educational Foundation has awarded 199 individual grants totaling $697,613. 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 |
|---|---|---|---|
James Conley Vice Pres. | 1 | $0 | |
Jean H Light President | 1 | $0 | |
Vera Lee Director | 1 | $0 | |
C Welby Saunders Director | 1 | $0 | |
C Dwight Clarke Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15,880 |
| Dividends & Interest | $34,956 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$23,290 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $105 |
| Total Revenue | $27,651 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,530 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $69 |
| Printing and publications | $0 |
| Other expenses | $29,371 |
| Total operating and administrative expenses | $35,768 |
| Contributions, gifts, grants paid | $131,500 |
| Total expenses and disbursements | $167,268 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$2 |
| Savings and temporary cash investments | $107,206 |
| 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 | $2,153,751 |
| 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, Ben D Conley Charitable & Educational Foundation has awarded $131,500 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS AND GIRLS CLUB PURPOSE: SAFETY, EDUCATION | $15,000 |
NORTHERN NECK YMCA PURPOSE: HEALTH | $15,000 |
Harrisonburg, VA PURPOSE: EDUCATION | $10,500 |
LANCASTER VA EDUCATION FD PURPOSE: EDUCATION | $10,000 |
RADFORD UNIVERSITY PURPOSE: EDUCATIONAL | $7,000 |
CHRISTOPHER NEWPORT UNIV PURPOSE: EDUCATION | $7,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Maryland College Park Foundation Inc College Park, MD | $869,831,500 | $109,216,276 |
The University Of Tennessee Foundat Ion Inc Knoxville, TN | $742,610,209 | $198,804,674 |
Nc State Investment Fund Inc Raleigh, NC | $1,930,063,391 | $166,344,497 |
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Old Dominion University Research Foundation Norfolk, VA | $35,170,684 | $51,598,508 |
University Of Virginia Darden School Foundation Charlottesville, VA | $664,692,543 | $80,428,705 |
Unc Health Foundation Inc Chapel Hill, NC | $571,825,040 | $92,147,897 |
William & Mary Foundation Williamsburg, VA | $1,122,551,962 | $79,373,462 |
University Of Virginia Foundation Charlottesville, VA | $508,958,321 | $36,530,024 |
North Carolina State University Foundation Inc Raleigh, NC | $679,121,022 | $52,520,062 |
University Health Services Inc Richmond, VA | $34,736,696 | $16,366,834 |
Medical College Of Virginia Foundation Richmond, VA | $645,911,510 | $54,318,573 |