Waterford Foundation Inc

Organization Overview

Waterford Foundation Inc is located in Waterford, VA. The organization was established in 1944. According to its NTEE Classification (A82) the organization is classified as: Historical Societies & Historic Preservation, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, Waterford Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waterford 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 12/2021, Waterford Foundation Inc generated $605.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $487.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PRESERVE THE HISTORIC BUILDINGS AND THE OPEN SPACES OF THE NATIONAL HISTORIC LANDMARK DISTRICT OF WATERFORD, VIRGINIA; AND, THROUGH EDUCATION, TO INCREASE THE PUBLIC'S KNOWLEDGE OF LIFE AND WORK IN AN EARLY AMERICAN RURAL COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PRESERVATION OF WATERFORD, VIRGINIA - A NATIONAL HISTORIC LANDMARK. IN LINE WITH THE MISSION STATEMENT, THE OBJECTIVE IS TO PRESERVE THE INTEGRITY OF THE NATIONAL HISTORIC LANDMARK DISTRICT OF WATERFORD, VIRGINIA AND, THROUGH EDUCATION, TO INCREASE THE PUBLIC'S KNOWLEDGE OF LIFE AND WORK IN AN EARLY AMERICAN RURAL COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Stephanie Campbell Thompson
Executive Director
$47,771
David Hunt
Treasurer
$0
Susanne Hale
Secretary
$0
J Forest Hayes
Vice President
$0
Christine Gleckner
President
$0
Sharyn Franck
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$22,850
Related organizations$1,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$263,337
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$287,187
Total Program Service Revenue$257,032
Investment income $10,167
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $51,448
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$957
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $605,615

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Waterford Foundation Inc has recieved totaling $1,000.

Awarding OrganizationAmount
Kimberley A Partoll Family Foundation

Waterford, VA

PURPOSE: 03/15/22CHECK 120CHARITABLE PURPOSES

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$139,080
Earnings$26,706
Ending Balance$165,786

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