Skewes Family Foundation
- Assets
- $5.8m
- Revenue
- $671.3k
- Investments
- $5.8m
- Employees
- 0
- Location
- Blue Ridge, VA
- Founding
- 02/2006
- Data as of
- 12/2021
- EIN
- 20-1978793
Organization Overview
Skewes Family Foundation is located in Blue Ridge, VA. The organization was established in 2006. 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. Skewes 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 12/2021, Skewes Family Foundation generated $671.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.7% each year . All expenses for the organization totaled $283.4k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Skewes Family Foundation has awarded 226 individual grants totaling $1,737,335. 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 |
|---|---|---|---|
Martha Callaway Director | 0 | $0 | |
Leah M Skewes Director | 0 | $0 | |
Ronald Campbell Director | 0 | $0 | |
Elizabeth A Skewes Director | 0 | $0 | |
Laura C Skewes Director | 0 | $0 | |
William G Skewes Chairman Of The Board | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $78 |
| Dividends & Interest | $70,724 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $578,004 |
| Capital Gain Net Income | $578,004 |
| Net ST Capital Gain | $331,847 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $22,482 |
| Total Revenue | $671,288 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $25,200 |
| Pension plans, employee benefits | $1,928 |
| Interest | $0 |
| Taxes | $12,812 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,983 |
| Total operating and administrative expenses | $46,048 |
| Contributions, gifts, grants paid | $237,325 |
| Total expenses and disbursements | $283,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,138 |
| 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 | $5,756,363 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,772,501 |
| Accounts payable and accrued expenses | $236 |
| 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 | $236 |
Grants Awarded
Over the last fiscal year, Skewes Family Foundation has awarded $237,325 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF BLUEFIELD PURPOSE: GENERAL FUND | $85,000 |
Mullens, WV PURPOSE: OPERATING FUND | $20,000 |
WV UNIVERSITY FOUNDATION PURPOSE: OPERATING FUND | $20,000 |
TOWN OF TAZEWELL PURPOSE: OPERATING FUND | $10,000 |
Hinton, WV PURPOSE: OPERATING BUND | $10,000 |
Bramwell, WV PURPOSE: OPERATING FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Bainum Family Foundation Bethesda, MD | $0 | $60,288,788 |