Kelly And Linda Thorp Foundation Inc
- Assets
- $279.4k
- Revenue
- $14.0k
- Investments
- $264.8k
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- Data as of
- 12/2017
- EIN
- 27-3135588
Organization Overview
Kelly And Linda Thorp Foundation Inc is located in Virginia Beach, VA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda J Thorp President | 4 | $0 | |
Kelly Thorp Vice President/treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,534 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $5,513 |
| Capital Gain Net Income | $5,513 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,047 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $742 |
| Contributions, gifts, grants paid | $17,088 |
| Total expenses and disbursements | $17,830 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,431 |
| Savings and temporary cash investments | $167 |
| 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 | $279,445 |
| Accounts payable and accrued expenses | $11,000 |
| 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 | $11,000 |
Grants Awarded
Over the last fiscal year, Kelly And Linda Thorp Foundation Inc has awarded $17,088 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ROANOKE CITY SCHOOLS PURPOSE: VOLLEYBALL FUNDRAISER | $88 |
BOY SCOUTS PURPOSE: CREW 462 | $1,000 |
SAMARITAN HOUSE PURPOSE: DOMESTIC VIOLENCE | $5,000 |
VIRGINIA OUTDOOR ADVENTURE PURPOSE: GENERAL SUPPORT | $11,000 |
View Grant Profile