Stanley Blaxton Foundation Inc
- Assets
- $1.3m
- Revenue
- $115.6k
- Investments
- $1.2m
- Employees
- 0
- Location
- Chesapeake, VA
- Founding
- 07/2010
- Data as of
- 12/2021
- EIN
- 27-2438669
Organization Overview
Stanley Blaxton Foundation Inc is located in Chesapeake, VA. The organization was established in 2010. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stanley Blaxton 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 12/2021, Stanley Blaxton Foundation Inc generated $115.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 20.1% each year . All expenses for the organization totaled $126.8k during the year ending 12/2021. While expenses have increased by 11.7% 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.
Since 2015, Stanley Blaxton Foundation Inc has awarded 167 individual grants totaling $443,051. 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 |
|---|---|---|---|
James M Todd V/p | 0 | $0 | |
Darlene M Todd President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $17,178 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $25,549 |
| Capital Gain Net Income | $25,549 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $72,818 |
| Total Revenue | $115,555 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $7 |
| Taxes | $976 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $429 |
| Total operating and administrative expenses | $3,337 |
| Contributions, gifts, grants paid | $123,500 |
| Total expenses and disbursements | $126,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $52,472 |
| 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 | $555,632 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,279,887 |
| 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, Stanley Blaxton Foundation Inc has awarded $123,500 in support to 33 organizations.
| Grant Recipient | Amount |
|---|---|
HICKORY MIDDLE SCHOOL PURPOSE: UNRESTRICTED | $6,500 |
SAILORS FOR HOPE CORPORATION PURPOSE: SCHOLARSHIP | $5,500 |
US MERCHANT MARINE ACADEMY PURPOSE: UNRESTRICTED | $5,000 |
OASIS SOCIAL MINISTRY PURPOSE: UNRESTRICTED | $5,000 |
Norwich, CT PURPOSE: UNRESTRICTED | $5,000 |
FOODBANK OF SE VIRGINIA PURPOSE: UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Graduate Management Admission Council Reston, VA | $230,212,828 | $77,127,681 |
National Center For Research In Advanced Information & Digital Tec Washington, DC | $0 | $38,475,850 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Education Trust Inc Washington, DC | $60,384,663 | $28,594,144 |
Fwdus Education Fund Inc Washington, DC | $39,522,128 | $52,902,160 |
Chiefs For Change Washington, DC | $30,000,112 | $22,072,365 |
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
Achieving The Dream Inc Silver Spring, MD | $48,979,373 | $23,156,070 |
Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Cape Fear Tutoring Inc Wilmington, NC | $2,173,027 | $16,040,654 |
Us Ignite Inc Washington, DC | $5,718,790 | $15,311,234 |