Community Foundation For The Ohio Valley Inc

Organization Overview

Community Foundation For The Ohio Valley Inc is located in Wheeling, WV. The organization was established in 1976. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2020, Community Foundation For The Ohio Valley Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Community Foundation For The Ohio Valley Inc generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.9%) each year. All expenses for the organization totaled $3.4m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Community Foundation For The Ohio Valley Inc has awarded 388 individual grants totaling $7,757,852. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION WAS FORMED FOR THE PURPOSE OF SUPPORTING BENEVOLENT, CHARITABLE, OR EDUCATIONAL CAUSES

Describe the Organization's Program Activity:

Part 3 - Line 4a

ONE OF THE MOST IMPORTANT FEATURES OF THE FOUNDATION IS ITS ABILITY TO DISTRIBUTE GRANTS FOR THE BENEFIT OF CHARITABLE OR EDUCATIONALUNDERTAKINGS OF THE OHIO VALLEY


ONE OF THE MOST IMPORTANT FEATURES OF THE FOUNDATION IS ITS ABILITY TO DISTRIBUTE GRANTS FOR THE BENEFIT OF CHARITABLE OR EDUCATIONALUNDERTAKINGS OF THE OHIO VALLEY


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Board, Officers & Key Employees

Name (title)Compensation
Susie Nelson
Executive Director
$85,000
Mark A Mckeen
Treasurer
$0
James G Squibb Jr
Secretary
$0
Kristine Molnar
President
$0
Edward D Gompers
Vice President
$0
H Lawrence Jones
Director
$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$2,122,827
Noncash contributions included in lines 1a–1f $110,415
Total Revenue from Contributions, Gifts, Grants & Similar$2,122,827
Total Program Service Revenue$0
Investment income $735,145
Tax Exempt Bond Proceeds $0
Royalties $333,298
Net Rental Income $42,794
Net Gain/Loss on Asset Sales $959,745
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,348,275

Grants Awarded

Over the last fiscal year, Community Foundation For The Ohio Valley Inc has awarded $2,703,870 in support to 128 organizations.

Grant RecipientAmount

WEST VIRGINIA UNIVERSITY FOUNDATION

Org PageRecipient Profile

Morgantown, WV

PURPOSE: GRANT SUPPORT

$261,514

WEST VIRGINIA UNIVERSITY FOUNDATION

Org PageRecipient Profile

Morgantown, WV

PURPOSE: GRANT SUPPORT

$261,514

THE OGLEBAY FOUNDATION

Org PageRecipient Profile

Wheeling, WV

PURPOSE: GENERAL SUPPORT

$150,037

THE OGLEBAY FOUNDATION

Org PageRecipient Profile

Wheeling, WV

PURPOSE: GENERAL SUPPORT

$150,037

SHADYSIDE LOCAL SCHOOLS

PURPOSE: CAPITAL PROJECTS

$112,000

SHADYSIDE LOCAL SCHOOLS

PURPOSE: CAPITAL PROJECTS

$112,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Community Foundation For The Ohio Valley Inc has recieved totaling $53,287.

Awarding OrganizationAmount
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$23,287
James B Chambers Memorial

Wheeling, WV

PURPOSE: SCHOLARSHIPS

$10,000
James B Chambers Memorial

Wheeling, WV

PURPOSE: SCHOLARSHIPS

$10,000
Stamp Charitable Fund

Wheeling, WV

PURPOSE: EMERGENCY IMPACT FUND

$5,000
Hess Family Foundation

Wheeling, WV

PURPOSE: DOE BOY STATUE RESTORATION

$5,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$48,924,251
Earnings$2,496,000
Admin Expense$382,484
Net Contributions$667,286
Other Expense$276,291
Grants$1,703,893
Ending Balance$49,724,869

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