Dudley West Memorial Foundation is located in Las Vegas, NV. The organization was established in 1993. 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. Dudley West Memorial 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, Dudley West Memorial Foundation generated $4.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (20.7%) each year. All expenses for the organization totaled $17.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,083 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,728 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $101 |
| Total Revenue | $4,456 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $707 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $403 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,160 |
| Contributions, gifts, grants paid | $15,000 |
| Total expenses and disbursements | $17,160 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,030 |
| 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 | $180,936 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $194,966 |
| 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, Dudley West Memorial Foundation has awarded $15,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
NORFOLK ST UNIV FBO MAURA MYLES PURPOSE: SCHOLARSHIP | $3,000 |
VIRGINIA POLY INSTITUTE AND ST UNIV PURPOSE: SCHOLARSHIP | $8,000 |
UNIV OF VIRGINIA FBO MORGAN SMALL PURPOSE: SCHOLARSHIP | $4,000 |