David E And Marilyn W Withrow Foundation
- Assets
- $652.5k
- Revenue
- $101.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 10/2000
- Data as of
- 12/2023
- EIN
- 56-6562455
Organization Overview
David E And Marilyn W Withrow Foundation is located in Charlotte, NC. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. David E And Marilyn W Withrow 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 12/2023, David E And Marilyn W Withrow Foundation generated $101.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $111.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, David E And Marilyn W Withrow Foundation has awarded 48 individual grants totaling $705,790. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David E Withrow President/treasurer | 0.5 | $0 | |
Marilyn W Withrow Vice President/secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,097 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $95,751 |
| Capital Gain Net Income | $95,751 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $197 |
| Total Revenue | $101,045 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $883 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $206 |
| Total operating and administrative expenses | $5,789 |
| Contributions, gifts, grants paid | $106,000 |
| Total expenses and disbursements | $111,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,844 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $1,951 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,304 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $381,424 |
| Total assets | $652,523 |
| Accounts payable and accrued expenses | $3,900 |
| 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 | $3,900 |
Grants Awarded
Over the last fiscal year, David E And Marilyn W Withrow Foundation has awarded $106,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
PRITCHARD MEMORIAL BAPTIST CHURCH PURPOSE: RELIGIOUS CHARITY TO HELP COMMUNITY | $24,500 |
GARDNER-WEBB UNIVERSITY PURPOSE: DONATION TO ANNUAL SCHOLARSHIP FUND | $50,000 |
FRIENDS OF SOUTH MOUNTAINS PURPOSE: DONATION TO ANNUAL FUND | $5,000 |
NEW COVENANT BIBLEWAY CHURCH PURPOSE: RELIGIOUS CHARITY TO HELP COMMUNITY | $1,000 |
RIDGECREST FOUNDATION PURPOSE: RELIGIOUS CHARITY TO HELP COMMUNITY CONFERENCE CENTER, CAMP CRESTRIDGE FOR GIRLS, AND CAMP RIDGECREST FOR BOYS, SO THAT MILLIONS MORE LIVES WILL BE IMPACTED FOR GOD'S GLORY. | $5,000 |
THE SALVATION ARMY OF GREATER CHARLOTTE PURPOSE: FUND RAISING AND VOLUNTEER SERVICE GROUP IN SUPPORT OF THE ARMY'S PROGRAMS AND ACTIVITIES IN THE COMMUNITY IN COOPERATION WITH THE ADVISORY BOARD. | $20,000 |