Southern West Virginia Community College Foundation

Organization Overview

Southern West Virginia Community College Foundation is located in Logan, WV. The organization was established in 1990. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern West Virginia Community College 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, Southern West Virginia Community College Foundation generated $291.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.2%) each year. All expenses for the organization totaled $273.8k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO COLLECT DONATIONS TO BE DISTRIBUTED AS SCHOLARSHIPS TO PERSONS ATTENDING SOUTHERN WEST VIRGINIA COMMUNITY AND TECHNICAL COLLEGE AND FOR OTHER PURPOSES BENEFITTING THE COLLEGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

EDUCATION AWARDS - AWARDS TO OUTSTANDING FACULTY MEMBERS IN EACH MAJOR AREA OF THE COLLEGE.


FACILITY, OPERATING SUPPLIES, ENHANCEMENT OF EFFECTIVE EDUCATIONAL TECHNIQUES.


EDUCATIONAL SCHOLARSHIP AND LOANS - APPLICATION FROM STUDENT BODY OF 3,000 PLUS AND SELECTIONS ARE MADE FROM VARIOUS COMMITTEES OF FACULTY AND COMMUNITY LEADERS FOR GRANTS AND LOANS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$143,013
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$143,013
Total Program Service Revenue$0
Investment income $148,078
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $291,091

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Southern West Virginia Community College Foundation has recieved totaling $8,000.

Awarding OrganizationAmount
$8,000
View Grant Recipient Profile

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