The Nettie Lokey Wiley And Charles L Wiley Foundation is located in Irvington, VA. The organization was established in 1981. 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. Nettie Lokey Wiley And Charles L Wiley 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 12/2022, Nettie Lokey Wiley And Charles L Wiley Foundation generated $535.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $531.5k during the year ending 12/2022. While expenses have increased by 0.1% per year over the past 8 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, Nettie Lokey Wiley And Charles L Wiley Foundation has awarded 211 individual grants totaling $3,918,749. 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.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Catharine B Moore Secretary | 2 | $7,600 | |
Gloria C Conley Vice Pres. | 2 | $7,600 | |
William B Hubbard Treasurer | 2 | $7,600 | |
Leslie Franklin President | 2 | $7,600 | |
Phillip Williams Historian | 2 | $7,600 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $77,495 |
| Dividends & Interest | $188,120 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $269,374 |
| Capital Gain Net Income | $269,374 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $534,989 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $38,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $24,733 |
| Depreciation | $0 |
| Occupancy | $1,800 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $60,681 |
| Total operating and administrative expenses | $129,043 |
| Contributions, gifts, grants paid | $402,491 |
| Total expenses and disbursements | $531,534 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,323 |
| Savings and temporary cash investments | $189,770 |
| 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 | $1,500 |
| 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 | $64,238 |
| Other assets | $52,681 |
| Total assets | $6,793,310 |
| 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 |
Over the last fiscal year, The Nettie Lokey Wiley And Charles L Wiley Foundation has awarded $402,491 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
BETHEL UNITED METHODIST CHURCH PURPOSE: PRESCHOOL | $20,000 |
BOYS & GIRLS CLUB OF THE NN PURPOSE: CHILDREN'S EDUCATION | $20,000 |
BRIDGEWATER PURPOSE: SCHOLARSHIPS | $4,000 |
CHESAPEAKE ACADEMY PURPOSE: CHILDREN'S PROGRAMS | $13,000 |
CHRISTOPHER NEWPORT UNIVERSITY PURPOSE: SCHOLARSHIP | $3,000 |
HEALTHY HARVEST FOOD BANK PURPOSE: CHILDREN'S HEALTH | $22,500 |