Western Virginia Environmental And Social Trust Foundation
- Assets
- $391.4k
- Revenue
- $48.4k
- Investments
- $383.1k
- Employees
- 0
- Location
- Salem, VA
- Founding
- 10/2003
- Data as of
- 10/2023
- EIN
- 02-0651698
Organization Overview
Western Virginia Environmental And Social Trust Foundation is located in Salem, VA. The organization was established in 2003. 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. Western Virginia Environmental And Social Trust 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 10/2023, Western Virginia Environmental And Social Trust Foundation generated $48.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 36.7% each year . All expenses for the organization totaled $43.8k during the year ending 10/2023. While expenses have increased by 14.2% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William N Powell Director | 2 | $0 | |
James S Powell Director | 2 | $0 | |
John P Powell Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,081 |
| Dividends & Interest | $13,337 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,934 |
| Capital Gain Net Income | $33,934 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $48,352 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $23,548 |
| Contributions, gifts, grants paid | $20,300 |
| Total expenses and disbursements | $43,848 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $8,359 |
| 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 | $383,081 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $391,440 |
| 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, Western Virginia Environmental And Social Trust Foundation has awarded $20,300 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
APPLE RIDGE FARM PURPOSE: OPERATIONAL SUPPORT | $1,000 |
BLUE RIDGE LAND CONSERVANCY PURPOSE: OPERATIONAL SUPPORT | $2,000 |
BRADLEY FREE CLINIC PURPOSE: OPERATIONAL SUPPORT | $2,000 |
CHILD HEALTH INVESTMENT PARTNERSHIP PURPOSE: OPERATIONAL SUPPORT | $2,000 |
FEEDING AMERICA SW VIRGINIA PURPOSE: OPERATIONAL SUPPORT | $1,000 |
ROANOKE AREA MINISTRIES PURPOSE: OPERATIONAL SUPPORT | $2,000 |