The William And Charlotte Parks Foundation For Animal Welfare

Organization Overview

The William And Charlotte Parks Foundation For Animal Welfare is located in Glen Allen, VA. The organization was established in 1985. According to its NTEE Classification (D12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Animal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William And Charlotte Parks Foundation For Animal Welfare 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 05/2022, William And Charlotte Parks Foundation For Animal Welfare generated $725.7k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $321.1k during the year ending 05/2022. While expenses have increased by 0.7% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO IMPROVE THE STATUS OF ANIMALS WORLDWIDE BY STUDIES OF SCIENCE AND PHILOSOPHY OF ANIMAL WELFARE/RIGHTS AND TO REDUCE THE SUFFERING AND HARM INFLICTED ON ANIMALS BY HUMAN BEINGS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DISTRIBUTION OF ALL NET INCOME TO OR FOR THE BENEFIT OF ORGANIZATIONS DEDICATED WHOLLY OR PARTLY TO THE WELFARE OF AND PREVENTION OF CRUELTY TO ANIMALS.


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Board, Officers & Key Employees

Name (title)Compensation
Atlantic Union Bank
Trustee
$15,498
Andrew Rowan
Board Chair
$0
See Attached List
Grants Committee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $127,126
Tax Exempt Bond Proceeds $12
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $598,566
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $725,704

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