Valerie William And Loulie Canady Foundation Charitable Trust
- Assets
- $1.8k
- Revenue
- $34.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Morgantown, WV
- Founding
- 11/1989
- Data as of
- 12/2021
- EIN
- 55-0692616
Organization Overview
Valerie William And Loulie Canady Foundation Charitable Trust is located in Morgantown, WV. The organization was established in 1989. 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. Valerie William And Loulie Canady Foundation Charitable 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 12/2021, Valerie William And Loulie Canady Foundation Charitable Trust generated $34.0k 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 (9.8%) each year. All expenses for the organization totaled $35.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (8.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Valerie William And Loulie Canady Foundation Charitable Trust has awarded 180 individual grants totaling $330,000. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE PART XV.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Leonard J George Trustee | 1 | $0 | |
Robert P George Trustee | 1 | $0 | |
Eric Schorr Trustee | 1 | $0 | |
Charlotte Nath Trustee | 1 | $0 | |
Kent J George Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $34,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $34,000 |
| 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 | $4,000 |
| Total operating and administrative expenses | $5,345 |
| Contributions, gifts, grants paid | $30,000 |
| Total expenses and disbursements | $35,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,819 |
| 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 | $1,819 |
| 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, Valerie William And Loulie Canady Foundation Charitable Trust has awarded $30,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
YANGTANG CAO PURPOSE: SCHOLARSHIP AWARD | $1,000 |
TINGYU YAN PURPOSE: SCHOLARSHIP AWARD | $1,000 |
WILLIAM JACKSON ALDERMANN PURPOSE: SCHOLARSHIP AWARD | $1,000 |
LINXI YANG PURPOSE: SCHOLARSHIP AWARD | $1,000 |
ISLEI MARIANO CORREA HAMMER PURPOSE: SCHOLARSHIP AWARD | $1,000 |
RILEY ANN KLUG PURPOSE: SCHOLARSHIP AWARD | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nora Roberts Foundation Inc Glenn Dale, MD | $90,657,767 | $17,263,079 |
Linlundh Foundation Huntingdon Valley, PA | $26,974,319 | $5,576,892 |
Hamilton Family Charitable Trust Wayne, PA | $141,914,105 | $43,786,350 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Daniel B And Florence E Green Foundation Conshohocken, PA | $179,390,509 | $18,946,870 |
Seed The Dream Foundation Gladwyne, PA | $47,208,358 | $1,088,502 |
Hazel Ruby Mcquain Charitable Tr Morgantown, WV | $103,286,088 | $9,092,496 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle Mayfield Heights, OH | $171,110,624 | $12,657,241 |
Hummingbird Society Foundation Cincinnati, OH | $175,019 | $103,373 |
Fellowship Foundation Inc Arlington, VA | $7,901,984 | $7,885,643 |
Highmark Foundation Pittsburgh, PA | $137,140,319 | $19,548,694 |