English Foundation-Trust
- Assets
- $1.3m
- Revenue
- $89.9k
- Investments
- $1.1m
- Employees
- 0
- Location
- Altavista, VA
- Founding
- 11/1960
- Data as of
- 12/2022
- EIN
- 54-6036409
Organization Overview
English Foundation-Trust is located in Altavista, VA. The organization was established in 1960. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. English Foundation-Trust 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, English Foundation-Trust generated $89.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.3%) each year. All expenses for the organization totaled $87.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.1%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, English Foundation-Trust has awarded 214 individual grants totaling $1,478,333. 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
GRANTS TO RELIGIOUS, CHARITABLE, EDUCATIONAL ORGANIZATIONS
EDUCATIONAL SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Er English Jr Trustee | 1 | $0 | |
Stephen English Trustee | 1 | $0 | |
Rita T English Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $133 |
| Dividends & Interest | $27,616 |
| Net Rental Income | $28,662 |
| Net Gain on Sale of Assets | $20,333 |
| Capital Gain Net Income | $20,333 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $89,914 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,144 |
| Depreciation | $0 |
| Occupancy | $8,092 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $12,926 |
| Total operating and administrative expenses | $31,442 |
| Contributions, gifts, grants paid | $55,750 |
| Total expenses and disbursements | $87,192 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $137,933 |
| 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 | $51,083 |
| Investments—mortgage loans | $0 |
| Investments—other | $397,795 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,256,741 |
| 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 | $2,620 |
| Total liabilities | $2,620 |
Grants Awarded
Over the last fiscal year, English Foundation-Trust has awarded $55,750 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
ACOVA MUSEUM PURPOSE: UNRESTRICTED | $500 |
ALTAVISTA AREA YMCA PURPOSE: UNRESTRICTED | $10,000 |
ALTAVISTA HABITAT FOR HUMANITY PURPOSE: UNRESTRICTED | $2,000 |
CENTRAL VIRGINIA COMMUNITY COLLEGE PURPOSE: SCHOLARSHIPS | $4,000 |
BRIDGEWATER COLLEGE PURPOSE: SCHOLARSHIPS | $2,000 |
DAWN PURPOSE: UNRESTRICTED | $10,000 |