Twin County Community Foundation

Organization Overview

Twin County Community Foundation is located in Galax, VA. The organization was established in 1991. According to its NTEE Classification (E21) the organization is classified as: Community Health Systems, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Twin County Community 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 09/2021, Twin County Community Foundation generated $262.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $446.1k during the year ending 09/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Twin County Community Foundation has awarded 76 individual grants totaling $1,455,230. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEALTH AND WELFARE


EDUCATIONAL ENRICHMENT AND SCHOLARSHIP PROGRAMS


COVID DISASTER RELIEF GRANTS


COMMUNITY DEVELOPMENT


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $460
Dividends & Interest $261,554
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $498,700
Net ST Capital Gain $139,727
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $262,014

Grants Awarded

Over the last fiscal year, Twin County Community Foundation has awarded $372,222 in support to 31 organizations.

Grant RecipientAmount

CARROLL COUNTY WELLNESS CENTER

Org PageRecipient Profile

Hillsville, VA

PURPOSE: HEALTH AND WELFARE PROGRAMS

$67,348

WYTHEVILLE COMMUNITY COLLEGE EDUCATIONAL FOUNDATION

Org PageRecipient Profile

Wytheville, VA

PURPOSE: EDUCATIONAL PROGRAMS

$64,737

TOWN OF HILLSVILLE

PURPOSE: COMMUNITY DEVELOPMENT

$47,500

BAPTIST MEDICAL CLINIC

PURPOSE: HEALTH AND WELFARE PROGRAMS

$27,054

GRAYSON COUNTY EMS

PURPOSE: HEALTH AND WELFARE PROGRAMS

$27,000

CARROLL COUNTY EMS

PURPOSE: HEALTH AND WELFARE PROGRAMS

$21,000
View Grant Profile

Endowment Analysis

Beg. Balance$5,278,580
Earnings$751,913
Admin Expense$23,872
Net Contributions$3,509,455
Grants$1,000
Ending Balance$9,515,076

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