Stafford Foundation
- Assets
- $19.3k
- Revenue
- $6.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Reston, VA
- Founding
- 08/2002
- Data as of
- 12/2022
- EIN
- 75-3072793
Organization Overview
Stafford Foundation is located in Reston, VA. The organization was established in 2002. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Stafford 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 12/2022, Stafford Foundation generated $6.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (25.1%) each year. All expenses for the organization totaled $7.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (31.2%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Stafford Foundation has awarded 27 individual grants totaling $392,525. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Earl W Stafford Sr Chairman | 5 | $0 | |
Robin F Forrest Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,409 |
| Interest on Savings | $2 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,415 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,408 |
| Total operating and administrative expenses | $7,226 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $7,226 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $19,292 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,292 |
| 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, Stafford Foundation has awarded $39,400 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PRIME TASTE LLC PURPOSE: SERVICE SATURDAYS - 100 MEALS TO HOMELESS IN DC | $2,400 |
REWIND DC PURPOSE: A CHEF PROGRAM FOR 100 MEALS WEEKLY TO HOSPITAL WORKERS AT HOWARD UNIVERSITY HOSPITAL | $5,000 |
CHEF JESS PURPOSE: A CHEF PROGRAM FOR 100 MEALS WEEKLY TO HOMELESS INDIVIDUALS AT UNITED COMMUNITIES AGAINST POVERTY | $2,000 |
INTERNATIONAL COOPERATING MINISTRIES PURPOSE: REPAIRS | $30,000 |