Van Devere Charitable Foundation Inc
- Assets
- $1.0m
- Revenue
- $61.5k
- Investments
- $969.6k
- Employees
- 0
- Location
- Akron, OH
- Founding
- 02/1987
- Data as of
- 12/2023
- EIN
- 34-1538755
Organization Overview
Van Devere Charitable Foundation Inc is located in Akron, OH. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Van Devere Charitable 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 12/2023, Van Devere Charitable Foundation Inc generated $61.5k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $101.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Van Devere Charitable Foundation Inc has awarded 254 individual grants totaling $444,860. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $27,953 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $33,583 |
| Capital Gain Net Income | $33,583 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $61,536 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $324 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,580 |
| Total operating and administrative expenses | $4,054 |
| Contributions, gifts, grants paid | $97,340 |
| Total expenses and disbursements | $101,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $65,726 |
| 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 | $1,035,334 |
| 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, Van Devere Charitable Foundation Inc has awarded $97,340 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
A THOUSAND HILLS PURPOSE: CHARITABLE | $300 |
PRAGER UNIVERSITY PURPOSE: CHARITABLE | $400 |
PERSECUTION PROJECT FOUNDATION PURPOSE: CHARITABLE | $600 |
PEACE FOR THE PERSECUTED PURPOSE: CHARITABLE | $300 |
PARTNERS IN HEALTH PURPOSE: CHARITABLE | $300 |
PARENTS TV MEDIA PURPOSE: CHARITABLE | $600 |