Platte Valley Legacy Foundation Inc
- Assets
- $395.6k
- Revenue
- $149.5k
- Investments
- $375.5k
- Employees
- 0
- Location
- Saratoga, WY
- Founding
- 05/2007
- Data as of
- 06/2022
- EIN
- 20-8164731
Organization Overview
Platte Valley Legacy Foundation Inc is located in Saratoga, WY. The organization was established in 2007. 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. Platte Valley Legacy Foundation Inc 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 06/2022, Platte Valley Legacy Foundation Inc generated $149.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.9% each year . All expenses for the organization totaled $52.6k during the year ending 06/2022. While expenses have increased by 8.4% per year over the past 7 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.
Since 2015, Platte Valley Legacy Foundation Inc has awarded 72 individual grants totaling $136,909. 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
GRANTING SCHOLARSHIPS TO LOCAL HIGH SCHOOL STUDENTS FOR COLLEGE EXPENSES.
SUPPORTING THE CAUSES OF THE SARATOGA CHAMBER OF COMMERCE.
SUPPORTING THE CAUSES OF PLATTE VALLEY COMMUNITY CENTER.
SUPPORTING THE CAUSES OF THE VALLEY SERVICE ORGANIZATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loren Willford Chairman | 1 | $0 | |
Lela Konecny Director | 1 | $0 | |
Peggy Lorenzen Director | 1 | $0 | |
John Farr Director | 1 | $0 | |
George Haigh Secretary | 1 | $0 | |
Keith Bailey Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $108,228 |
| Interest on Savings | $6 |
| Dividends & Interest | $13,453 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,300 |
| Capital Gain Net Income | $2,300 |
| Net ST Capital Gain | $2,300 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $25,465 |
| Total Revenue | $149,452 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $196 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $15,402 |
| Total operating and administrative expenses | $16,078 |
| Contributions, gifts, grants paid | $36,500 |
| Total expenses and disbursements | $52,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,160 |
| 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 | $395,619 |
| 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, Platte Valley Legacy Foundation Inc has awarded $36,500 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
SARATOGA CHAMBER OF COMMERCE PURPOSE: CHARITABLE GENERAL FUNDING | $4,000 |
NOAH RIMMER PURPOSE: SCHOLARSHIP | $2,500 |
KONNAR KNOTWELL PURPOSE: SCHOLARSHIP | $2,500 |
DALTON PETERSON PURPOSE: SCHOLARSHIP | $2,500 |
CAMPBELL GRABOW PURPOSE: SCHOLARSHIP | $2,500 |
HEATHER WALLACE PURPOSE: SCHOLARSHIP | $2,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Platte Valley Legacy Foundation Inc has recieved totaling $750.
| Awarding Organization | Amount |
|---|---|
Joannides Family Foundation Cheyenne, WY PURPOSE: GENERAL SUPPORT | $750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greg Carr Foundation Inc Idaho Falls, ID | $40,032,587 | $6,894,106 |
The Dixie And Anne Leavitt Foundation Cedar City, UT | $52,405,557 | $11,398,374 |
The Cielo Foundation Boulder, CO | $91,518,762 | $7,665,188 |
Merle Chambers Fund Denver, CO | $66,462,880 | $7,349,081 |
Scott W And Betsy D Thornton Family Foundation Park City, UT | $4,627,448 | $2,183,609 |
Rob and Terry Ryan Foundation (MONTANA) INC Hamilton, MT | $0 | $1,856,642 |
Mutual Of Omaha Foundation Omaha, NE | $120,899,798 | $13,368,524 |
Claire M Hubbard Foundation Omaha, NE | $31,541,308 | $3,169,912 |
Maffei Foundation Denver, CO | $13,828,182 | $18,020,171 |
D F Dillon Foundation Lincoln, NE | $47,396,549 | $3,325,825 |
The Denver Health And Hospitals Foundation Denver, CO | $28,533,635 | $6,042,640 |
Sturm Family Foundation Denver, CO | $102,941,130 | $16,700,881 |