C Kenneth And Dianne Wright Foundation
- Assets
- $254.8k
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Henrico, VA
- Founding
- 07/1978
- Data as of
- 12/2021
- EIN
- 54-1064037
Organization Overview
C Kenneth And Dianne Wright Foundation is located in Henrico, VA. The organization was established in 1978. 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. C Kenneth And Dianne Wright 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, C Kenneth And Dianne Wright Foundation generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $17.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, C Kenneth And Dianne Wright Foundation has awarded 70 individual grants totaling $56,609,053. 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
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Audrey L Pape Treasurer | 20 | $39,783 | |
Richard L Grier Secretary | 0 | $0 | |
Daniel T Mccown Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,852,090 |
| Interest on Savings | $17,328 |
| Dividends & Interest | $69,029 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $185,762 |
| Capital Gain Net Income | $185,762 |
| Net ST Capital Gain | $185,762 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,124,209 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $39,783 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $13,153 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $85 |
| Total operating and administrative expenses | $78,689 |
| Contributions, gifts, grants paid | $17,177,165 |
| Total expenses and disbursements | $17,255,854 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $227,403 |
| Savings and temporary cash investments | $27,372 |
| 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 | $254,775 |
| 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, C Kenneth And Dianne Wright Foundation has awarded $17,177,165 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
VCU FOUNDATION PURPOSE: EDUCATION | $4,000,000 |
MCV FOUNDATION PURPOSE: MEDICAL RESEARCH | $4,000,000 |
VIRGINIA WAR MEMORIAL PURPOSE: COMMUNITY ASSISTANCE | $3,400,000 |
MCV FOUNDATION PURPOSE: MEDICAL RESEARCH | $2,000,000 |
Richmond, VA PURPOSE: COMMUNITY ASSISTANCE | $1,976,999 |
VCU FOUNDATION PURPOSE: EDUCATION | $1,800,166 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Bainum Family Foundation Bethesda, MD | $0 | $60,288,788 |
The Leon Levine Foundation Charlotte, NC | $654,368,860 | $94,686,429 |
Maclellan Foundation Inc Chattanooga, TN | $225,301,353 | $34,552,415 |
The Morningstar Philanthropic Foundation Bethesda, MD | $552,631,179 | $17,887,743 |
The Frist Foundation Nashville, TN | $198,128,014 | $36,312,656 |
Danville Regional Foundation Danville, VA | $280,479,931 | $21,605,962 |
Freedom Forum Inc Laurel, MD | $0 | $16,145,029 |
The Duke Energy Foundation Charlotte, NC | $4,461,931 | $408,995 |