Monford D And Lucy L Custer Foundation
- Assets
- $1.6m
- Revenue
- $526.3k
- Investments
- $1.5m
- Employees
- 0
- Location
- Winchester, VA
- Founding
- 10/1997
- Data as of
- 12/2021
- EIN
- 54-1839172
Organization Overview
Monford D And Lucy L Custer Foundation is located in Winchester, VA. The organization was established in 1997. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Monford D And Lucy L Custer 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 12/2021, Monford D And Lucy L Custer Foundation generated $526.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 34.5% each year . All expenses for the organization totaled $92.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Monford D And Lucy L Custer Foundation has awarded 33 individual grants totaling $443,500. 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 |
|---|---|---|---|
Linda C Russell Pres/sec/dir | 1 | $0 | |
Monford D Custer III Vp/treas/dir | 1 | $0 | |
Mr H F Sanders III Director | 1 | $0 | |
Mary R Clemons Director | 1 | $0 | |
Dr Hf Sanders Vp/director | 1 | $0 | |
Ellen C Morgan Vp/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $2 |
| Dividends & Interest | $61,187 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $165,088 |
| Capital Gain Net Income | $165,088 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $526,277 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $889 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $347 |
| Total operating and administrative expenses | $12,902 |
| Contributions, gifts, grants paid | $80,000 |
| Total expenses and disbursements | $92,902 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $82,823 |
| 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 | $922,223 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,619,370 |
| 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, Monford D And Lucy L Custer Foundation has awarded $80,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY OF ROANOKE PURPOSE: GENERAL SUPPORT | $35,000 |
Camarillo, CA PURPOSE: GENERAL SUPPORT | $25,000 |
Berryville, VA PURPOSE: GENERAL SUPPORT | $10,000 |
MATTHEW REARDON CENTER FOR AUTISM PURPOSE: GENERAL SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Community Of Louisville Inc Louisville, KY | $51,829,029 | $17,241,761 |
Tidewater Jewish Foundation Inc Virginia Beach, VA | $49,573,361 | $8,475,302 |
United Way Of Greater Greensboro Inc Greensboro, NC | $24,991,408 | $6,519,162 |
United Way Of North Carolina Cary, NC | $2,955,432 | $7,770,294 |
Greensboro Jewish Federation Greensboro, NC | $41,635,209 | $6,136,419 |
Whas Crusade For Children Inc Louisville, KY | $38,851,590 | $9,353,185 |
Quest Services Inc Morganfield, KY | $5,395,343 | $6,034,534 |
United Jewish Fed Endow Fd Tr Rev 63418202 Virginia Beach, VA | $11,572,026 | $8,665,477 |
United Way Of Asheville & Buncombe County Inc Asheville, NC | $8,337,035 | $6,101,037 |
United Way Of Roanoke Valley Inc Roanoke, VA | $7,671,992 | $5,417,169 |
United Way Of Southwest Virginia Abingdon, VA | $2,938,004 | $4,536,393 |
Asian Hope Forest, VA | $2,771,563 | $4,911,610 |