Discover The Real West Virginia Foundation Inc

Organization Overview

Discover The Real West Virginia Foundation Inc is located in Charleston, WV. The organization was established in 1993. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Discover The Real West Virginia 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 03/2022, Discover The Real West Virginia Foundation Inc generated $146.6k 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 (3.8%) each year. All expenses for the organization totaled $160.1k during the year ending 03/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

-ATTRACT NATIONAL AND INTERNATIONAL INVESTMENT: WEST VIRGINIA IS BECOMING A LEADER IN THE WORLD MARKETPLACE, AND IT DID NOT ARRIVE HERE BY ACCIDENT. THE FOUNDATION HAS A LONG AND ACCOMPLISHED HISTORY OF ATTRACTING NATIONAL AND INTERNATIONAL INVESTMENT BY ELEVATING WEST VIRGINIA'S STATURE IN THE GLOBAL BUSINESS ARENA. -RETAIN AND EXPAND WEST VIRGINIA BUSINESSES: THE FOUNDATION IS A STRATEGIC PARTNER FOR WEST VIRGINIA BUSINESSES. ITS PROGRAMS FOCUS ON PROVIDING WEST VIRGINIA BUSINESSES THE RESOURCES THEY NEED TO GROW AND SUCCEED IN TODAY'S GLOBAL ECONOMY. -HIGHLIGHT ISSUES CRITICAL TO ECONOMIC GROWTH: THE ORGANIZATION SEEKS TO HIGHLIGHT ISSUES OR TOPICS CRITICAL TO ECONOMIC GROWTH AND TO FACILITATE ACTION AMONG STAKEHOLDERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FRIENDS OF DRWV RECEPTION


CARBON AND COAL FORUM


WVU RNI PRESENTATION & DINNER


EMERGING TECHNOLOGIES IN DEFENSE VIRTUAL FORUM


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Board, Officers & Key Employees

Name (title)Compensation
Sara Dearing
Executive Di
$73,500
Craig W Hartzell
Treasurer
$0
Patrick Robertson
Vice Preside
$0
William D Wilmoth
President
$0
Brad N Hall
Secretary
$0
Thomas A Heywood Esquire
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $19,500
All other contributions, gifts, grants, and similar amounts not included above$103,058
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$122,558
Total Program Service Revenue$24,000
Investment income $48
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $146,606

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Discover The Real West Virginia Foundation Inc has recieved totaling $20,000.

Awarding OrganizationAmount
Bowles Rice Foundation

Charleston, WV

PURPOSE: TO DIVERSIFY WEST VIRGINIA'S ECONOMY AND GIVE EXISTING INDUSTRIES THE TOOLS THEY NEED TO BE COMPETITIVE IN THE GLOBAL ECONOMY

$10,000
West Virginia United Health System Inc

Morgantown, WV

PURPOSE: Support

$10,000
View Grant Recipient Profile

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