Stanley Clemans Fund Uw Melvin G Sperry

Organization Overview

Stanley Clemans Fund Uw Melvin G Sperry is located in Clarksburg, WV. The organization was established in 2000. According to its NTEE Classification (T30) the organization is classified as: Public 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. Stanley Clemans Fund Uw Melvin G Sperry 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, Stanley Clemans Fund Uw Melvin G Sperry generated $128.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.2% each year . All expenses for the organization totaled $38.2k during the year ending 12/2021. While expenses have increased by 1.6% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO INVEST TRUST ASSETS IN A MANNER WHICH PRODUCES INVESTMENT INCOME FOR THE PURCHASE OF BOOKS & PUBLICATIONS TO BENEFIT THE CLARKSBURG-HARRISON PUBLIC LIBRARY

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED SEMI-ANNUAL ALLOCATIONS OF THE NET INCOME GENERATED FROM TRUST ASSETS TO THE CLARKSBURG-HARRISON PUBLIC LIBRARY FOR THE PURCHASE OF BOOKS & PUBLICATIONS TO BENEFIT THE LIBRARY


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Board, Officers & Key Employees

Name (title)Compensation
James C Turner
Trustee
$0
C David Mcmunn
Trustee
$0
Walter L Williams
Trustee
$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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $66,305
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $62,178
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $128,483

Grants Awarded

Over the last fiscal year, Stanley Clemans Fund Uw Melvin G Sperry has awarded $29,000 in support to 2 organizations.

Grant RecipientAmount

CLARKSBURG-HARRISON PUBLIC LIBRARY

PURPOSE: PROVIDE FUNDS FOR THE PURCH OF BOOKS/PUBS FOR CLARKSBURG-HARRISON PUBLIC LIBRARY

$29,000
View Grant Profile

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