Charles R Nailler Memorial Foundation
- Assets
- $400.1k
- Revenue
- $47.7k
- Investments
- $365.7k
- Employees
- 0
- Location
- Hermitage, PA
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 31-1074964
Organization Overview
Charles R Nailler Memorial Foundation is located in Hermitage, PA. The organization was established in 1997. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles R Nailler Memorial Foundation 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, Charles R Nailler Memorial Foundation generated $47.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $106.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Charles R Nailler Memorial Foundation has awarded 42 individual grants totaling $258,280. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TRUST WAS CREATED TO ASSIST PUBLIC, CHARITABLE, OR EDUCATIONAL INSTITUTIONS IN THE GREATER MORGANTOWN, WV, AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John T Nailler President | 2 | $10,000 | |
Fnb Wealth Management Trustee | 1 | $8,244 | |
Barton Loar Trustee | 0 | $0 | |
Samuel S Stone Trustee | 0 | $0 | |
Janet Carpenter Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,401 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $40,267 |
| Capital Gain Net Income | $40,267 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $47,668 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,244 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $647 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $19,565 |
| Contributions, gifts, grants paid | $87,280 |
| Total expenses and disbursements | $106,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $34,395 |
| 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 | $400,088 |
| 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, Charles R Nailler Memorial Foundation has awarded $87,280 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
CHESTNUT MOUNTAIN RANCH PURPOSE: GENERAL SUPPORT | $13,000 |
Morgantown, WV PURPOSE: SUPPORT | $10,000 |
Morgantown, WV PURPOSE: GENERAL SUPPORT | $10,000 |
WEST LIBERTY UNIVERSITY FOUNDATION PURPOSE: GENERAL SUPPORT | $10,000 |
ON EAGLES' WINGS PURPOSE: GENERAL SUPPORT | $7,500 |
Keene, NH PURPOSE: GENERAL SUPPORT | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eddie C And C Sylvia Brown Family Foundation Inc Baltimore, MD | $3,716,367 | $4,436,697 |
Friends Of Mayanot Institute Inc New York, NY | $1,023,168 | $4,053,714 |
Four-Four Foundation Inc New York, NY | $21,732,131 | $6,162,056 |
Jkw Foundation Tr Ua 092597 New York, NY | $38,873,662 | $1,124,358 |
Olean General Hospital Foundation Olean, NY | $48,066,140 | $6,076,941 |
Philanthropy Ohio Columbus, OH | $1,895,129 | $2,152,720 |
Agudath Israel Of America Foundation New York, NY | $3,877,624 | $1,631,561 |
Cranaleith Spiritual Center Philadelphia, PA | $5,535,511 | $615,387 |
Kaplan Foundation Cincinnati, OH | $11,307,639 | $1,865,901 |
Adam R Rose Foundation New York, NY | $2,822,495 | $728,738 |
Westmoreland Human Services Inc Greensburg, PA | $2,474,468 | $644,876 |
John B & Dareth Gerlach Foundation Columbus, OH | $25,585,768 | $542,073 |