Danville Foundation House
- Assets
- $0.0
- Revenue
- $1.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Danville, VA
- Founding
- Data as of
- 12/2018
- EIN
- 54-0595000
Organization Overview
Danville Foundation House is located in Danville, VA.
For the year ending 12/2018, Danville Foundation House generated $1.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (58.7%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
DANVILLE FOUNDATION HOUSE SUPPORTS VARIOUS PUBLIC CHARITIES IN THE REGION. DURING THE 2018 YEAR, GRANTS IN THE AMOUNT OF $1,779,054 WERE DISTRIBUTED IN FINAL LIQUIDATION OF ASSETS AND TERMINIATION OF THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James A Motley Director, President And Ch | 2 | $0 | |
Charles H Majors Director, Vice Pres & Vice | 1 | $0 | |
Aubrey Dodoson Director, Secretary/treasu | 10 | $0 | |
Ben J Davenport Jr Director | 1 | $0 | |
Betty Jo Foster Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,882 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,882 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $38 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,864 |
| Total operating and administrative expenses | $17,582 |
| Contributions, gifts, grants paid | $1,779,054 |
| Total expenses and disbursements | $1,796,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| 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, Danville Foundation House has awarded $1,779,054 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AVERETT UNIVERSITY PURPOSE: CASH TO SUPPORT THE UNIVERSITY'S PROPOSED MASTER'S IN NURSING/NURSE PRACTITIONER PROGRAM. | $779,054 |
FUTURE OF THE PIEDMONT FOUNDATION PURPOSE: CASH TO HELP PROMOTE ECONOMIC DEVELOPMENT, EDUCATION, AND OTHER NEEDS TO IMPROVE QUALITY OF LIFE IN THE CITY OF DANVILLE AND PITTSYLVANIA COUNTY REGION. | $1,000,000 |