Snead Foundation is located in Washington, VA.
For the year ending 12/2018, Snead Foundation generated $6.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (47.3%) each year. All expenses for the organization totaled $366.8k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASH CONTRIBUTION TO "ADVANCING NATIVE MISSIONS" TO SUPPORT WORLD-WIDE MISSIONS - UNRESTRICTED
CASH CONTRIBUTION TO "ADVENTIST FRONTIER MISSIONS" TO SUPPORT WORLD-WIDE MISSIONS - UNRESTRICTED
CASH CONTRIBUTION TO RMA CLASS 66 ENDOWMENT
CASH CONTRIBUTION TO FIRC OF SUMMIT COUNTY - UNRESTRICTED
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Lois D Snead Trustee | 1 | $0 | |
Rayner V Snead Jr Trustee | 0.1 | $0 | |
Dana S Adamson Trustee | 0.1 | $0 | |
Samuel D Snead Trustee | 0 | $0 | |
William T Snead Trustee | 0.1 | $0 | |
Elizabeth S Hewitt Trustee | 0.1 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $9,893 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | -$5,013 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $1,562 |
Total Revenue | $6,442 |
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 | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $4,623 |
Total operating and administrative expenses | $6,183 |
Contributions, gifts, grants paid | $360,567 |
Total expenses and disbursements | $366,750 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
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 | $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 | $0 |
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 |
Over the last fiscal year, Snead Foundation has awarded $360,567 in support to 10 organizations.
Grant Recipient | Amount |
---|---|
ADVENTIST FRONTIER MISSIONS PURPOSE: SUPPORT OF WORLD-WIDE MISSIONS | $6,000 |
ADVANCING NATIVE MISSIONS PURPOSE: SUPPORT OF WORLD-WIDE MISSIONS | $7,193 |
CALVARY EPISCOPAL CHURCH PURPOSE: UNRESTRICTED | $1,193 |
TRINITY EPISCOPAL CHURCH PURPOSE: HAITI MISSION | $1,000 |
RAPPAHANNOCK FOOD PANTRY PURPOSE: FAMILY HELP | $193 |
LONGWOOD UNIVERSITY PURPOSE: GENERAL DONATION | $1,000 |