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.
Form
990
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
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James C Turner Trustee | Trustee | 0 | $0 |
C David Mcmunn Trustee | Trustee | 0 | $0 |
Walter L Williams Trustee | Trustee | 0 | $0 |
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 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $30,000 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $2,525 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
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 | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $38,241 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $13,521 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $2,224,971 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,238,492 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $2,238,492 |
Total liabilities and net assets/fund balances | $2,238,492 |
Over the last fiscal year, Stanley Clemans Fund Uw Melvin G Sperry has awarded $29,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CLARKSBURG-HARRISON PUBLIC LIBRARY PURPOSE: PROVIDE FUNDS FOR THE PURCH OF BOOKS/PUBS FOR CLARKSBURG-HARRISON PUBLIC LIBRARY | $29,000 |
Organization Name | Assets | Revenue |
---|---|---|
The M S Hershey Foundation Hershey, PA | $64,689,691 | $17,201,612 |
Asbury Foundation Inc Frederick, MD | $52,948,136 | $11,506,831 |
York Foundation Herndon, VA | $79,294,285 | $7,194,037 |
New Albany Community Foundation New Albany, OH | $19,894,351 | $7,914,986 |
Taubman Foundation For The Arts Roanoke, VA | $20,057,493 | $918,229 |
United Way Of Greater Stark County Inc Canton, OH | $15,976,372 | $6,358,831 |
Skillsource Group Inc Vienna, VA | $1,796,857 | $6,906,902 |
American Friends Of Kohelet Policy Forum Philadelphia, PA | $260,078 | $121,500 |
Travis Manion Foundation Doylestown, PA | $7,247,874 | $9,161,709 |
Capital For Good Usa Paoli, PA | $43,024,073 | $25,450,338 |
Kennedy Krieger Foundation Inc Baltimore, MD | $94,709,715 | $9,828,353 |
Licking County Foundation Newark, OH | $148,770,755 | $12,459,784 |