Stelio And Betty Tracy Corte Charitable Foundation
- Assets
- $0.0
- Revenue
- $141.7k
- Investments
- $2.6m
- Employees
- 0
- Location
- Bluefield, WV
- Founding
- 02/1994
- Data as of
- 06/2021
- EIN
- 55-6119269
Organization Overview
Stelio And Betty Tracy Corte Charitable Foundation is located in Bluefield, WV. The organization was established in 1994. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Stelio And Betty Tracy Corte Charitable 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 06/2021, Stelio And Betty Tracy Corte Charitable Foundation generated $141.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $224.5k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Stelio And Betty Tracy Corte Charitable Foundation has awarded 145 individual grants totaling $425,214. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
First Community Bank Na Trustee | 1 | $5,738 | |
Catherine Payne Selection Committee Member | 1 | $0 | |
Mildred Raynor Selection Committee Member | 1 | $0 | |
Elizabeth Perry Selection Committee Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $102,965 |
| Profit on Inventory Sales | $0 |
| Other Income | $14,831 |
| Total Revenue | $141,748 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,431 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $17,870 |
| Contributions, gifts, grants paid | $206,657 |
| Total expenses and disbursements | $224,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,716 |
| Investments—mortgage loans | $0 |
| Investments—other | $437,621 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Stelio And Betty Tracy Corte Charitable Foundation has awarded $218,557 in support to 77 organizations.
| Grant Recipient | Amount |
|---|---|
BLUEFIELD UNIVERSITY PURPOSE: EDUCATIONAL | $61,759 |
Arden, NC PURPOSE: EDUCATIONAL | $30,125 |
TOWN OF BLUEFIELD VA PURPOSE: CHARITABLE | $29,140 |
FIRST METHODIST CHURCH PURPOSE: RELIGIOUS | $17,300 |
Bluefield, WV PURPOSE: EDUCATIONAL | $10,000 |
SOUTHWEST VA COMMUNITY COLLEGE - RICHLANDS VA PURPOSE: EDUCATIONAL | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
George Gund Foundation Cleveland, OH | $524,945,754 | $120,923,136 |
Oberkotter Foundation Philadelphia, PA | $83,021,123 | $23,009,013 |
Pnc Foundation Pittsburgh, PA | $218,373,148 | $3,451,991 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Sarah Scaife Foundation Inc Pittsburgh, PA | $645,014,499 | $79,121,296 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
J Howard Pew Freedom Tr Philadelphia, PA | $675,828,558 | $64,346,772 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Mccune Foundation Pittsburgh, PA | $180,488,577 | $38,182,239 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Nationwide Foundation Columbus, OH | $86,187,581 | $42,470,606 |