Mary Sue Collins Foundation
- Assets
- $6.6m
- Revenue
- $187.2k
- Investments
- $6.2m
- Employees
- 0
- Location
- Roanoke, VA
- Founding
- 04/2019
- Data as of
- 12/2022
- EIN
- 82-6821945
Organization Overview
Mary Sue Collins Foundation is located in Roanoke, VA. The organization was established in 2019. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Mary Sue Collins 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, Mary Sue Collins Foundation generated $187.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $394.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Mary Sue Collins Foundation has awarded 62 individual grants totaling $795,625. 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 |
|---|---|---|---|
Olin R Melchionna Jr Co Spilman Trustee | 7.5 | $68,270 | |
Elizabeth M Melchionna Co Spilman Trustee | 2.5 | $22,757 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,340 |
| Dividends & Interest | $93,575 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $90,312 |
| Capital Gain Net Income | $90,312 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $187,227 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $91,027 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,555 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $131 |
| Total operating and administrative expenses | $114,837 |
| Contributions, gifts, grants paid | $280,000 |
| Total expenses and disbursements | $394,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $412,954 |
| 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 | $6,082,796 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $6,645,750 |
| 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, Mary Sue Collins Foundation has awarded $280,000 in support to 21 organizations.
| Grant Recipient | Amount |
|---|---|
BEST FRIENDS ANIMAL SOCIETY PURPOSE: GENERAL SUPPORT | $4,375 |
CARE PURPOSE: GENERAL SUPPORT | $4,375 |
CHILDFUND INTERNATIONAL PURPOSE: GENERAL SUPPORT | $19,775 |
DAUGHTERS OF CHARITY EMMITSBURG MD PURPOSE: GENERAL SUPPORT | $4,375 |
FEEDING AMERICA SOUTHWEST VA PURPOSE: GENERAL SUPPORT | $4,375 |
FERAL PURPOSE: GENERAL SUPPORT | $4,375 |