Brad Paisley Foundation Inc
- Assets
- $1.6m
- Revenue
- $88.5k
- Investments
- $1.5m
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 03/2002
- Data as of
- 12/2023
- EIN
- 80-0029789
Organization Overview
Brad Paisley Foundation Inc is located in Wheeling, WV. 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. Brad Paisley 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.
For the year ending 12/2023, Brad Paisley Foundation Inc generated $88.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $106.7k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Brad Paisley Foundation Inc has awarded 100 individual grants totaling $1,814,204. 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
WV STATE TAX DEPARTMENT - CORPORATION LICENSE TAX RETURNS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Paisley President | 1 | $0 | |
Douglas Paisley Vice President | 1 | $0 | |
James C Gardill Secretary | 1 | $0 | |
Lisa A Tucker Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,372 |
| Interest on Savings | $4,908 |
| Dividends & Interest | $38,502 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $32,677 |
| Capital Gain Net Income | $32,677 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $88,459 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $208 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $10,348 |
| Contributions, gifts, grants paid | $96,397 |
| Total expenses and disbursements | $106,745 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $99,422 |
| Net Accounts receivable | $5,157 |
| 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 | $1,531,517 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,636,096 |
| 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, Brad Paisley Foundation Inc has awarded $96,397 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GLEN DALE VOLUNTEER FIRE DEPARTMENT PURPOSE: GENERAL SUPPORT | $400 |
GLEN DALE ELEMENTARY SCHOOL PURPOSE: GENERAL SUPPORT - BOOK FAIR | $2,015 |
THE UNITY SHOPPE PURPOSE: CALIFORNIA WILDFIRE RELIEF | $90,482 |
ALZHEIMER'S ASSOCIATION PURPOSE: GENERAL SUPPORT | $2,500 |
WEST LIBERTY UNIVERSITY PURPOSE: SCHOLARSHIPS | $1,000 |