Cary Foundation Inc
- Assets
- $6.6m
- Revenue
- -$918.8k
- Investments
- $2.8m
- Employees
- 0
- Location
- Charleston, WV
- Founding
- 04/1997
- Data as of
- 12/2020
- EIN
- 56-2002202
Organization Overview
Cary Foundation Inc is located in Charleston, WV. The organization was established in 1997. 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. Cary Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2014, Cary Foundation Inc has awarded 107 individual grants totaling $2,947,145. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $9,750 |
| Dividends & Interest | $73,126 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,051,708 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$918,832 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,685 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,257 |
| Total operating and administrative expenses | $13,942 |
| Contributions, gifts, grants paid | $261,302 |
| Total expenses and disbursements | $275,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $177,538 |
| 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 | $3,619,180 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,867,035 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,566,218 |
| 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, Cary Foundation Inc has awarded $261,302 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
BRIDGE VALLEY COMM AND TECH PURPOSE: UNRESTRICTED CASH DONATION | $1,584 |
WEST VIRGINIA UNIVERSITY PURPOSE: UNRESTRICTED CASH DONATION | $100,000 |
NORTHEASTERN UNIVERSITY PURPOSE: UNRESTRICTED CASH DONATION | $19,278 |
WEST VIRGINIA HORSE NETWORK PURPOSE: UNRESTRICTED CAS DONATION | $15,000 |
HARVARD UNIVERSITY PURPOSE: UNRESTRICTED CASH DONATION | $71,003 |
CARVER CAREER AND TECHNICAL PURPOSE: UNRESTRICTED CASH DONATION | $4,761 |