Virginia L Neptune Charitable Foundation is located in Parkersburg, WV. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Virginia L Neptune Charitable 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, Virginia L Neptune Charitable Foundation generated $157.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $154.0k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Virginia L Neptune Charitable Foundation has awarded 89 individual grants totaling $885,724. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
BOYS AND GIRLS CLUB OF PARKERSBURG
FIRST BAPTIST CHURCH
YMCA OF PARKERSBURG
THE PARKERSBURG ART CENTER
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,313 |
| Dividends & Interest | $51,630 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $104,846 |
| Capital Gain Net Income | $104,846 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $157,789 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,171 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,906 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $29,815 |
| Contributions, gifts, grants paid | $124,200 |
| Total expenses and disbursements | $154,015 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $105,550 |
| 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 | $1,933,026 |
| 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 |
Over the last fiscal year, Virginia L Neptune Charitable Foundation has awarded $124,200 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN RED CROSS MID-OHIO VALLEY CHAPTER PURPOSE: FIRE AND RESPONSE EDUCATION, SMOKE ALTO PROVIDE COMMUNITY SUPPORT AND VETERAN PROJECTS. ADDITIONAL FUNDS FOR FLOOD RELIEF. | $10,000 |
BOYS & GIRLS CLUB OF PARKERSBURG PURPOSE: FUNDS FOR PROJECT LEARN TO PROVIDE ACADEMIC ASSISTANCE SUCH AS TUTORING AND HIGH YIELD LEARNING ACTIVITIES. | $27,000 |
COMMUNITY RESOURCESFAITHLINK PURPOSE: ASSISTING SENIORS AND THOSE WITH PHYSICAL DISABILITIES TO MAINTAIN INDEPENDENCE. | $7,000 |
CREDIT CONSUMER COUNSELING PURPOSE: PROVIDE THE CCCS WITH FUNDS TO HELP PEOPLE ACHIEVE FINANCIAL INDEPENDENCE THROUGH EDUCATION AND COUNSELING PROGRAMS. | $3,000 |
FAMILY CRISIS INTERVENTION CENTER PURPOSE: TO CONTINUE TO PROVIDE CRISIS INTERVENTION, SAFETY PLANNING, TRANSPORTATION AND OTHER DOMESTIC VIOLENCE AND SEXUAL ASSAULT RELATED SERVICES. | $10,000 |
FIRST BAPTIST CHURCH OF PARKERSBURG PURPOSE: FUNDING FOR COMMUNITY OUTREACH FOR QUINCY STREET AND SURROUNDING AREAS. | $20,000 |