Snead Foundation
- Assets
- $0.0
- Revenue
- $6.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, VA
- Founding
- Data as of
- 12/2018
- EIN
- 54-1846301
Organization Overview
Snead Foundation is located in Washington, VA.
For the year ending 12/2018, Snead Foundation generated $6.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (47.3%) each year. All expenses for the organization totaled $366.8k 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
CASH CONTRIBUTION TO "ADVANCING NATIVE MISSIONS" TO SUPPORT WORLD-WIDE MISSIONS - UNRESTRICTED
CASH CONTRIBUTION TO "ADVENTIST FRONTIER MISSIONS" TO SUPPORT WORLD-WIDE MISSIONS - UNRESTRICTED
CASH CONTRIBUTION TO RMA CLASS 66 ENDOWMENT
CASH CONTRIBUTION TO FIRC OF SUMMIT COUNTY - UNRESTRICTED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lois D Snead Trustee | 1 | $0 | |
Rayner V Snead Jr Trustee | 0.1 | $0 | |
Dana S Adamson Trustee | 0.1 | $0 | |
Samuel D Snead Trustee | 0 | $0 | |
William T Snead Trustee | 0.1 | $0 | |
Elizabeth S Hewitt Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,893 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$5,013 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,562 |
| Total Revenue | $6,442 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,623 |
| Total operating and administrative expenses | $6,183 |
| Contributions, gifts, grants paid | $360,567 |
| Total expenses and disbursements | $366,750 |
| 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, Snead Foundation has awarded $360,567 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
ADVENTIST FRONTIER MISSIONS PURPOSE: SUPPORT OF WORLD-WIDE MISSIONS | $6,000 |
ADVANCING NATIVE MISSIONS PURPOSE: SUPPORT OF WORLD-WIDE MISSIONS | $7,193 |
CALVARY EPISCOPAL CHURCH PURPOSE: UNRESTRICTED | $1,193 |
TRINITY EPISCOPAL CHURCH PURPOSE: HAITI MISSION | $1,000 |
RAPPAHANNOCK FOOD PANTRY PURPOSE: FAMILY HELP | $193 |
LONGWOOD UNIVERSITY PURPOSE: GENERAL DONATION | $1,000 |