Elisabeth Aiken Nolting Charitable Foundation is located in Louisa, VA. The organization was established in 1990. 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. Elisabeth Aiken Nolting Charitable 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 12/2022, Elisabeth Aiken Nolting Charitable Foundation generated $80.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $85.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (8.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION IS RESPONSIBLE FOR PRESERVING, MAINTAINING AND IMPROVING THE FARM LAND AND THE HISTORIC STRUCTURES ON THE PROPERTY TO COMPLY WITH APPLICABLE CONSERVATION EASEMENTS THAT WERE GIVEN TO HISTORIC GREEN SPRINGS, INC. AND LATER ASSIGNED TO THE NATIONAL PARK SERVICE WHEN THE GREEN SPRINGS NATIONAL HISTORIC LANDMARK WAS CREATED. DURING THIS REPORTING PERIOD , THE ACTUAL COST TO PRESERVE, MAINTAIN AND IMPROVE THE LAND AND HISTORICAL STRUCTURES WAS $30,385. THE FOUNDATION IS ALSO RESPONSIBLE FOR DEVELOPING EDUCATIONAL PROGRAMS AND CHARITABLE ENDEAVORS THAT BENEFIT CITIZENS OF, AND VISITORS TO, LOUISA, COUNTY. DURING THE REPORTING PERIOD, THE FOUNDATION BOARD DONATED 1,277 VOLUNTEER HOURS TO CARRY OUT ALL THESE MISSIONS.
THE FOUNDATION PROVIDES EDUCATIONAL OPPORTUNITIES FOR RESIDENTS OF, AND VISITORS TO, LOUISA COUNTY. THIS INCLUDES THE DEVELOPMENT OF WRITTEN MATERIALS DESCRIBING THE HISTORY OF BRACKETTS FARM, LOUISA COUNTY AND THE GREEN SPRINGS NATIONAL HISTORIC LANDMARK DISTRICT, CONDUCTING SEMINARS, STUDY PROGRAMS, WALKING TOURS, ETC. DURING THIS REPORTING PERIOD, BRACKETTS HOSTED 11 CHILDREN AND/OR ADULTS EVENTS OR PROGRAMS THAT WERE ATTENDED BY APPROXIMATELY 570 PEOPLE.
WITH MAJOR ASSISTANCE FROM THE LOUISA COUNTY CO-OPERATIVE EXTENSION MASTER GARDNERS (MG), THE FOUNDATION OPERATES THE BRACKETTS FARM CHARITABLE GARDEN, WHICH WAS FIRST PLANTED IN 2010. IT PRODUCES FRESH VEGETABLES THAT IS DONATED TO THE LOUISA COUNTY RESOURCE COUNCIL, A 501(C)(3) PUBLIC AGENCY THAT DISTRIBUTES THIS PRODUCE AND OTHER DONATED FOOD ITEMS TO THE FOOD-CHALLENGED RESIDENTS OF LOUISA COUNTY. DURING THIS REPORTING PERIOD, THE APPROXIMATE NUMBER OF VOLUNTEER HOURS DONATED BY MG AND ITS FRIENDS TO THE GARDEN IS 710, AND APPROXIMATELY $3,893 IN IN-KIND AND CASH DONATIONS WERE RECEIVED TO PROVIDE SEED, GROWING MATERIALS, TOOLS AND STRUCTURES USED IN THE GARDEN. DURING THIS REPORTING PERIOD, APPROXIMATELY 2,548 POUNDS OF FRESH VEGETABLES WERE DONATED TO THE RESOURCE COUNCIL. ANY VEGETABLES THAT WERE NOT DEEMED DESIRABLE FOR HUMAN CONSUMPTION WERE DONATED TO HOOVES AND PAWS, A NONPROFIT ANIMAL RESCUE FACILITY LOCATED IN LOUISA COUNTY. DURING THIS REPORTING PERIOD, APPROXIMATELY 580
OUTDOOR RECREATION. THE FOUNDATION HAS CREATED A 1.6 MILE-LONG NATURE AND HERITAGE WALKING TRAIL LOOP THAT RUNS ALONGSIDE NOLTING POND FOR A WHILE, THEN CROSSES A FIELD AND RETURNS TO THE STARTING POINT ALONG THE HISTORIC MAIN DRIVEWAY SOMETIMES KNOWN AS CEDAR LANE. IT PASSES THE ICE POND, TOBACCO BARN, AND THE MAIN GARDENS, EACH OF WHICH IS IDENTIFIED WITH HISTORICAL INFORMATION BY A MUSEUM SIGN. THERE ARE BENCHES ALONG THE WAY FOR WALKERS TO REST AND ENJOY THE NATURAL ENVIRONMENT THAT THEY SEE AROUND THEM AND A PORT-A-POTTY IS PROVIDED FOR VISITOR'S CONVENIENCE. NOLTING POND, WHICH IS RENOWNED AS A BIRDING LOCATION, IS ALSO AVAILABLE TO THE GENERAL PUBLIC FOR FREE FISHING. BECAUSE HIKERS, BIRDERS AND FISHERMEN ARE NOT REQUIRED TO REGISTER, IT IS IMPOSSIBLE TO TELL HOW MANY INDIVIDUALS BENEFIT FORM THIS. HOWEVER, IT IS ESTIMATED THAT DURING THIS REPORTING PERIOD, BRACKETTS HAD OVER 3,000 VISITS FOR OUTDOOR RECREATION PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Darla Romine Director | 6 | $0 | |
Amie Vialet DE Montbel Director | 6 | $0 | |
David Stone Treasurer | 6 | $0 | |
Durwood Willis Director | 6 | $0 | |
Michael Lachance President | 6 | $0 | |
William Hale Vice President | 6 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $10,620 |
Interest on Savings | $14 |
Dividends & Interest | $10,685 |
Net Rental Income | -$14,327 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $80,549 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $43,172 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $40,890 |
Total operating and administrative expenses | $85,577 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $85,577 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $20,356 |
Savings and temporary cash investments | $54,768 |
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 | $308,252 |
Net Land, buildings, and equipment | $1,523,037 |
Other assets | $0 |
Total assets | $2,041,354 |
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 | $2,477 |
Total liabilities | $2,477 |