Wythe-Bland Foundation
- Assets
- $49.3m
- Revenue
- $2.9m
- Investments
- $46.4m
- Employees
- 0
- Location
- Wytheville, VA
- Founding
- 08/1992
- Data as of
- 09/2022
- EIN
- 54-1609065
Organization Overview
Wythe-Bland Foundation is located in Wytheville, VA. The organization was established in 1992. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Wythe-Bland 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 09/2022, Wythe-Bland Foundation generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $2.8m during the year ending 09/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Wythe-Bland Foundation has awarded 105 individual grants totaling $10,387,539. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH AND WELFARE PROGRAMS
EDUCATIONAL ENRICHMENT AND TUITION PROGRAMS
COMMUNITY DEVELOPMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Jackson Executive Director | 40 | $173,794 | |
John Thompson Chairperson | 3 | $0 | |
Joe Freeman Secretary | 2 | $0 | |
Gerry Schepers Vice Chairman | 2 | $0 | |
Craig Smith Treasurer | 2 | $0 | |
Hal Absher Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $139 |
| Dividends & Interest | $2,787,618 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $1,736,016 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $67,600 |
| Total Revenue | $2,855,357 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $173,794 |
| Other employee salaries and wages | $19,955 |
| Pension plans, employee benefits | $13,612 |
| Interest | $0 |
| Taxes | $75,755 |
| Depreciation | $150 |
| Occupancy | $14,400 |
| Travel, conferences, and meetings | $16,317 |
| Printing and publications | $0 |
| Other expenses | $19,831 |
| Total operating and administrative expenses | $423,735 |
| Contributions, gifts, grants paid | $2,360,098 |
| Total expenses and disbursements | $2,783,833 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,394,731 |
| Savings and temporary cash investments | $0 |
| 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 | $63,067 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $46,418,068 |
| Net Land, buildings, and equipment | $1,460,506 |
| Other assets | $0 |
| Total assets | $49,336,372 |
| Accounts payable and accrued expenses | $459,477 |
| Grants payable | $0 |
| Deferred revenue | $1,256,230 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,715,707 |
Grants Awarded
Over the last fiscal year, Wythe-Bland Foundation has awarded $2,360,098 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
Wytheville, VA PURPOSE: CLINICAL SERVICES | $477,000 |
Bland, VA PURPOSE: MEDICAL SERVICES | $430,747 |
Wytheville, VA PURPOSE: SCHOLARSHIP PROGRAM | $383,267 |
HOPE INC PURPOSE: FOOD SERVICE PROGRAMSBOOKKEEPING | $284,100 |
BLAND COUNTY PUBLIC SCHOOLS PURPOSE: EDUCATIONAL PROGRAMS | $254,661 |
Wytheville, VA PURPOSE: COMMUNITY DEVELOPMENT | $146,932 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
A J Fletcher Foundation Raleigh, NC | $168,653,502 | $53,698,336 |
The Naval Institute Foundation Incorporated Annapolis, MD | $16,478,320 | $8,459,950 |
Baltimore City Foundation Inc Baltimore, MD | $20,625,141 | $25,532,138 |
The David Belk Cannon Foundation Gastonia, NC | $0 | $4,765,855 |
Upic Solutions Inc Fort Mitchell, KY | $2,371,554 | $6,046,013 |
The Richman Family Foundation Inc Baltimore, MD | $21,774,672 | $824,650 |
Venture Philanthropy Partners Inc Washington, DC | $4,166,381 | $6,325,429 |
Seymour Family Foundation Irrev Charitable Trust Uad 12-21-15 Charlotte, NC | $3,421,952 | $6,290,943 |
Ted And Drama Russell Family Foundation Knoxville, TN | $97,704,141 | $6,828,732 |
Commonwealth Foundation V Richmond, VA | $38,532,929 | $6,620,642 |
Commonwealth Foundation Iv Richmond, VA | $38,533,029 | $6,621,693 |
R E B Foundation Richmond, VA | $74,287,615 | $7,129,947 |