T Nash And Gloria M Broaddus Foundation
- Assets
- $856.7k
- Revenue
- $136.2k
- Investments
- $778.9k
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 05/1997
- Data as of
- 12/2022
- EIN
- 54-1842036
Organization Overview
T Nash And Gloria M Broaddus Foundation is located in Virginia Beach, VA. The organization was established in 1997. 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. T Nash And Gloria M Broaddus 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, T Nash And Gloria M Broaddus Foundation generated $136.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $93.5k during the year ending 12/2022. While expenses have increased by 2.4% per year over the past 4 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 2020, T Nash And Gloria M Broaddus Foundation has awarded 28 individual grants totaling $202,000. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen K Chadwick President | 0 | $2,500 | |
Wallace Starke Sec. Treas. | 0 | $2,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $9 |
| Dividends & Interest | $36,116 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $100,028 |
| Capital Gain Net Income | $150 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $136,153 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $762 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,908 |
| Total operating and administrative expenses | $21,484 |
| Contributions, gifts, grants paid | $72,000 |
| Total expenses and disbursements | $93,484 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,109 |
| Savings and temporary cash investments | $72,698 |
| 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 | $856,740 |
| 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, T Nash And Gloria M Broaddus Foundation has awarded $72,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ANCHOR SCHOLARSHIP FOUNDATION PURPOSE: TO PROVIDE SCHOLARSHIPS TO FAMILY MEMBERS OF ACTIVE DUTY, RETURNED, AND HONORABLE DISCHARGED SURFACE NAVY PERSONNEL. | $13,500 |
COALITION TO SALUTE AMERICA'S HEROES PURPOSE: TO PROVIDE EMERGENCY AID AND OTHER SUPPORT SERVICES TO OUR TROOPS WHO HAVE BEEN SEVERELY WOUNDED IN IRAQ OR AFGHANISTAN | $2,000 |
ELIZABETH DOLE FOUNDATION PURPOSE: TO SUPPORT HIDDEN HEROES CAMPAIGN, RAISING AWARENESS OF THE ISSUES OF MILITARY CAREGIVERS AND SEEKING SOLUTIONS FOR THIER CHALLENGES AND LONG-TERM NEEDS | $5,000 |
FOUNDATION FOR HISTORIC CHRISTS CHURCH PURPOSE: TO SUPPORT EFFORTS FOR PRESERVATION OF THE CHURCH, HOSTORIC RESEARCH AND EDUCATIONAL PROGRAMS | $10,000 |
RICHMOND FISHER HOUSE AND FOUNDATION PURPOSE: TO HELP PROVIDE LODGING TO THE FAMILIES OF VETERANS WHO ARE RECEIVING TREATMENT AT THE CENTRAL VIRGINIA VA HEALTH CARE SYSTEM HOSPITAL | $2,000 |
OPERATION WARD 57 PURPOSE: TO SUPPORT POST 9/11 WOUNDED, AND ILL SERVICE MEMBERS, VETERANS, THEIR CAREGIVERS, BY FUNDING PROGRAMS, EVENTS, SUPPLIES, COMFORT ITEMS, AND HOLIDAY CHEER. | $2,000 |