Greater Greenbrier Valley Community Foundation
- Assets
- $19.9m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 1
- Location
- Lewisburg, WV
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 55-0763800
Organization Overview
Greater Greenbrier Valley Community Foundation is located in Lewisburg, WV. The organization was established in 1999. According to its NTEE Classification (T31) the organization is classified as: Community 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. Greater Greenbrier Valley Community 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, Greater Greenbrier Valley Community Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Greater Greenbrier Valley Community Foundation has awarded 172 individual grants totaling $11,065,824. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE GREATER GREENBRIER VALLEY COMMUNITY FOUNDATION, INC., A NONPROFIT WEST VIRGINIA CORPORATION (THE FOUNDATION), WAS ORGANIZED IN 1999 TO ADMINISTER AND DISTRIBUTE PROPERTY FOR CHARITABLE PURPOSES, PRINCIPALLY WITHIN THE AREA OF THE GREENBRIER VALLEY OF SOUTHEASTERN, WEST VIRGINIA, CONSISTING OF GREENBRIER, MONROE AND POCAHONTAS COUNTIES. THE BROAD OBJECTIVES OF THE FOUNDATION INCLUDE GROWING THE AMOUNT AND IMPACT OF CHARITABLE GIVING IN THIS AREA BY SERVING INDIVIDUAL AND INSTITUTIONAL DONORS AS THE MOST FLEXIBLE AND TAX-EFFICIENT METHOD TO GIVE TO THIS COMMUNITY. THE FOUNDATION STRIVES TO CONNECT DONORS TO THE CAUSES THEY CARE ABOUT MOST AND TO THE NEEDS OF THE COMMUNITY. ALSO, IN RECENT YEARS THE FOUNDATION'S OPERATIONAL AREA HAS FOUND THE NEED FOR A NON-PROFIT TO SERVE AS A FISCAL SPONSOR, PRINCIPALLY AS IT RELATES TO FLOOD RELIEF EFFORTS RELATED TO THE DEVASTATING SPRING 2016 FLOODS SUFFERED BY LARGE PARTS OF WEST VIRGINIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OVERALL PURPOSE AS STATED IN FORM 990, PAGE 1, PART 1, LINE 1, SUMMARY.
FROM TIME TO AND TIME,AND AS AN ENHACEMENT TO THE CULTURAL OR EDUCATONAL LIFE OF THE COMMUNITY THE ORGANIZATION SERVES AS A FISCAL SPONSOR OF PROGRAMS WITH CHARITABLE PURPOSES. THESE PROGRAMS FALL UNDER THE POLICIES AND PROCEDURES OUTLINED IN THE ORGANZATION'S "FISCAL SPONSORSHIP POLICY", WHICH IS MONITORED CLOSELY BY THE BOARD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Bowling-Tuckwiller Executive Di | Officer | 40 | $55,008 |
Ron Fleshman Vice Chairma | OfficerTrustee | 1 | $0 |
William M Shiflet II Chairman Of | OfficerTrustee | 1 | $0 |
Jo Long Secretary Of | OfficerTrustee | 1 | $0 |
Elizabeth Spangler Treasurer | OfficerTrustee | 1 | $0 |
Phillip Cain Member Of Bo | Trustee | 0.5 | $0 |
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 | $871,524 |
| Noncash contributions included in lines 1a–1f | $63,521 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $871,524 |
| Total Program Service Revenue | $0 |
| Investment income | $871,533 |
| 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 | $1,746,232 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,128,822 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $55,008 |
| Compensation of current officers, directors, key employees. | $19,253 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,156 |
| Payroll taxes | $4,208 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,441 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $46,805 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $1,646 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $50 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,200 |
| Insurance | $3,503 |
| All other expenses | $4,273 |
| Total functional expenses | $1,296,094 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $335,661 |
| Savings and temporary cash investments | $517,961 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $11,000 |
| Net Land, buildings, and equipment | $3,215 |
| Investments—publicly traded securities | $19,018,599 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,791 |
| Total assets | $19,917,227 |
| Accounts payable and accrued expenses | $26,719 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $26,719 |
| Net assets without donor restrictions | $19,567,350 |
| Net assets with donor restrictions | $323,158 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $19,917,227 |
Grants Awarded
Over the last fiscal year, Greater Greenbrier Valley Community Foundation has awarded $948,685 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
Lewisburg, WV PURPOSE: OPERATIONS | $300,000 |
WHITE SULPHUR SPRINGS COMMUNITY CTR PURPOSE: OPERATIONS | $140,000 |
SJ NEATHAWK LUMBERHOMES FOR WHITE SULPHUR SPRINGS PURPOSE: OPERATIONS/CONSTRUCT | $60,760 |
Beaver, WV PURPOSE: SCHOLARSHIP | $50,300 |
LYNCH CONSTRUCTIONHOMES FOR WHITE SULPHUR PURPOSE: OPERATIONS/CONSTRUCT | $50,272 |
CITY OF WHITE SULPHUR SPRINGS PURPOSE: OPERATIONS | $38,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Greater Greenbrier Valley Community Foundation has recieved totaling $202,007.
| Awarding Organization | Amount |
|---|---|
Greater Kanawha Valley Foundation Charleston, WV PURPOSE: GENERAL SUPPORT | $75,000 |
Hollowell Dawkins Foundation Inc Lewisburg, WV PURPOSE: GREENBRIER VALLEY FAMILY ACTIVITY CENTER CONTRUCTION COSTS | $75,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: ENDOWMENT | $25,000 |
Watkins Family Charitable Foundation Richmond, VA PURPOSE: UNRESTRICTED | $10,000 |
Appalachian Headwaters Inc Lewisburg, WV PURPOSE: DONATION | $10,000 |
Mary B Nickell Foundation Inc Bluefield, WV PURPOSE: SENIOR SCHOLARSHIPS | $5,000 |
Endowment Analysis
| Beg. Balance | $2,824,898 |
| Earnings | $171,818 |
| Admin Expense | $23,392 |
| Net Contributions | $271,174 |
| Grants | $70,663 |
| Ending Balance | $3,173,835 |