Robert M Nutting Family Foundation
- Assets
- $4.4m
- Revenue
- $4.8m
- Investments
- $2.0m
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 08/2016
- Data as of
- 12/2023
- EIN
- 81-1539868
Organization Overview
Robert M Nutting Family Foundation is located in Wheeling, WV. The organization was established in 2016. 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. Robert M Nutting Family 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, Robert M Nutting Family Foundation generated $4.8m in total revenue. All expenses for the organization totaled $82.6k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 6 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 2018, Robert M Nutting Family Foundation has awarded 110 individual grants totaling $400,500. 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 |
|---|---|---|---|
Robert M Nutting Director/president/treasurer | 2 | $0 | |
Taylor W N Gurbacs Director/executive Director/secretary | 8 | $0 | |
Lachlan O Nutting Director | 0.5 | $0 | |
Cameron N Williams Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,155,452 |
| Interest on Savings | $0 |
| Dividends & Interest | $94,203 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,593,340 |
| Capital Gain Net Income | $2,593,340 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,842,995 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,238 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,108 |
| Contributions, gifts, grants paid | $80,500 |
| Total expenses and disbursements | $82,608 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,923 |
| Savings and temporary cash investments | $2,375,097 |
| 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 | $4,424,497 |
| 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, Robert M Nutting Family Foundation has awarded $80,500 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
THE NATURE CONSERVANCY IN WEST VIRGINIA PURPOSE: SUPPORT OF CORAL RESTORATION THROUGH THE CARIBBEAN CORAL LEVERAGE FUND | $10,000 |
CARNEGIE MUSEUMS OF PITTSBURGH PURPOSE: SUPPORT THE CARNEGIE SCIENCE CENTER, AND THEIR MISSION TO IGNITE CURIOSITY | $5,000 |
WILLIAMS-MYSTIC MARITIME PROGRAM PURPOSE: SUPPORT OF THE BENJAMIN W. LABAREE SCHOLARSHIP FUND | $5,000 |
DC CENTRAL KITCHEN PURPOSE: SUPPORT FIGHT AGAINST HUNGER AND POVERTY | $5,000 |
WESTERN PENNSYLVANIA CONSERVANCY PURPOSE: SUPPORT OF THE ENVIRONMENTAL PROGRAMS IN WESTERN PA, ESPECIALLY THE LAUREL HIGHLANDS REGION | $5,000 |
RAND CORPORATION PURPOSE: SUPPORT OF THEIR THOUGHT LEADERSHIP AND RESEARCH THROUGH THE PRESIDENT'S FUND | $5,000 |