Stallard Family Foundation
- Assets
- $996.9k
- Revenue
- $38.7k
- Investments
- $945.5k
- Employees
- 0
- Location
- Abingdon, VA
- Founding
- Data as of
- 12/2022
- EIN
- 84-2839977
Organization Overview
Stallard Family Foundation is located in Abingdon, VA. 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. Stallard 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 12/2022, Stallard Family Foundation generated $38.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (66.2%) each year.
Since 2021, Stallard Family Foundation has awarded 14 individual grants totaling $298,000. 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 F Stallard President | 0 | $0 | |
Jeannie A Stallard Secretary | 0 | $0 | |
Lacy L Stallard Director | 0 | $0 | |
J Robert Stallard Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $218 |
| Dividends & Interest | $32,029 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,453 |
| Capital Gain Net Income | $6,453 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,700 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $451 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $45 |
| Total operating and administrative expenses | $13,938 |
| Contributions, gifts, grants paid | $117,000 |
| Total expenses and disbursements | $130,938 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $51,354 |
| 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 | $996,863 |
| 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, Stallard Family Foundation has awarded $117,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
UVA WISE PURPOSE: ROBERT F STALLARD FELLOWSHIP FUND | $50,000 |
CLEMSON UNIVERSITY FOUNDATION PURPOSE: ENGINEERING SCHOLARSHIP ENDOWMENT | $15,000 |
VIRGINIA TECH PURPOSE: ENGINEERING DEPT | $2,000 |
COLLEGE OF CHARLESTON FOUNDATION PURPOSE: OPERATIONS | $15,000 |
DEE NORTON CHILD ADVOCACY CENTER PURPOSE: OPERATIONS | $10,000 |
HIGHLANDS COMMUNITY SERVICES PURPOSE: CHILDREN'S ADVOCACY CENTER | $10,000 |