Donald & Carol Roberts Foundation In Memory Of Virginia K Weston Inc
- Assets
- $3.0m
- Revenue
- $922.3k
- Investments
- $2.8m
- Employees
- 0
- Location
- Billings, MT
- Founding
- 10/1995
- Data as of
- 12/2022
- EIN
- 81-0497226
Organization Overview
Donald & Carol Roberts Foundation In Memory Of Virginia K Weston Inc is located in Billings, MT. The organization was established in 1995. 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. Donald & Carol Roberts Foundation In Memory Of Virginia K Weston 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 12/2022, Donald & Carol Roberts Foundation In Memory Of Virginia K Weston Inc generated $922.3k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 29.6% each year . All expenses for the organization totaled $187.3k during the year ending 12/2022. While expenses have increased by 8.8% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Donald & Carol Roberts Foundation In Memory Of Virginia K Weston Inc has awarded 412 individual grants totaling $718,950. 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 |
|---|---|---|---|
Carol W Roberts Pres/treas | 0 | $0 | |
Donald L Roberts Vpres/sec | 0 | $0 | |
Sara E Roberts Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $932,882 |
| Interest on Savings | $2,655 |
| Dividends & Interest | $45,583 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$59,007 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $185 |
| Total Revenue | $922,298 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14,416 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $22,408 |
| Total operating and administrative expenses | $41,824 |
| Contributions, gifts, grants paid | $145,500 |
| Total expenses and disbursements | $187,324 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $203,975 |
| 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 | $1,381,075 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $3,017,617 |
| 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, Donald & Carol Roberts Foundation In Memory Of Virginia K Weston Inc has awarded $145,500 in support to 78 organizations.
| Grant Recipient | Amount |
|---|---|
ALBERTA BAIR THEATRE PURPOSE: GENERAL OPERATIONS | $1,500 |
BILLINGS EDUCATION FOUNDATION PURPOSE: GENERAL FUND NEEDS | $1,000 |
BILLINGS FAMILY YMCA PURPOSE: GENERAL OPERATIONS | $1,500 |
CONGREGATION BETH AARON PURPOSE: GENERAL OPERATIONS | $7,000 |
ENERGY SHARE PURPOSE: ENERGY ASSISTANCE | $2,000 |
FAMILY SERVICE INC PURPOSE: GENERAL OPERATIONS | $5,000 |