Katharine B Tierney Charitable Foundation
- Assets
- $2.0m
- Revenue
- $168.4k
- Investments
- $2.0m
- Employees
- 0
- Location
- Bluefield, WV
- Founding
- 07/1996
- Data as of
- 12/2022
- EIN
- 55-0747723
Organization Overview
Katharine B Tierney Charitable Foundation is located in Bluefield, WV. The organization was established in 1996. 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. Katharine B Tierney Charitable 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, Katharine B Tierney Charitable Foundation generated $168.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $189.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Katharine B Tierney Charitable Foundation has awarded 140 individual grants totaling $750,797. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $74,404 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $94,030 |
| Capital Gain Net Income | $94,030 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $168,434 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,876 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,537 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $21,313 |
| Contributions, gifts, grants paid | $168,476 |
| Total expenses and disbursements | $189,789 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $416 |
| 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 | $1,963,174 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,963,590 |
| 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, Katharine B Tierney Charitable Foundation has awarded $168,476 in support to 27 organizations.
| Grant Recipient | Amount |
|---|---|
COMMUNITY CONNECTIONS INC PURPOSE: SUPPORT FOR CURRICULUM | $2,000 |
CHILDREN'S HOME SOCIETY OF WV PURPOSE: THE MERCER COUNTY ''WE | $2,000 |
VIRGINIA HORSE CENTER FOUNDATION PURPOSE: GENERAL PURPOSES | $10,000 |
BLUEFIELD UNION MISSION PURPOSE: OPERATING | $2,000 |
TENDER MERCIES MINISTRIES PURPOSE: OPERATING | $2,000 |
A CHILD SHALL LEAD THEM FOOD PURPOSE: OPERATING | $2,000 |