Hancock County Savings Bank Charitable Foundation
- Assets
- $705.6k
- Revenue
- $37.9k
- Investments
- $679.1k
- Employees
- 0
- Location
- Chester, WV
- Founding
- 08/1999
- Data as of
- 12/2022
- EIN
- 55-0767253
Organization Overview
Hancock County Savings Bank Charitable Foundation is located in Chester, WV. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Hancock County Savings Bank 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, Hancock County Savings Bank Charitable Foundation generated $37.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $47.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Hancock County Savings Bank Charitable Foundation has awarded 144 individual grants totaling $302,944. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Cooper Trustee | 0 | $0 | |
Catherine Ferrari Trustee | 0 | $0 | |
Romie Castelli Trustee | 0 | $0 | |
Anthony Bernardi Secretary | 0 | $0 | |
Marvin Six Trustee | 0 | $0 | |
Cheryl D Schreiber Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,741 |
| Dividends & Interest | $25,620 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,506 |
| Capital Gain Net Income | $6,506 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $37,867 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,761 |
| Total operating and administrative expenses | $2,916 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $47,916 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $26,063 |
| 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 | $473 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $705,649 |
| 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, Hancock County Savings Bank Charitable Foundation has awarded $45,000 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
BROOKE HANCOCK COUNTY VETERANS PARK PURPOSE: INSURANCE AND MAINTENANCE | $3,300 |
BROOKE HANCOCK FAMILY RESOURCE PURPOSE: FOOD FOR CHILDREN | $1,500 |
CITY OF EAST LIVERPOOL PURPOSE: PICKLEBALL COURTS | $3,000 |
COMMUNICYCLE BEAVER COUNTY INC PURPOSE: DIGITAL MEDIA INTERN | $1,000 |
HANCOCK COUNTY HUMANE FOUNDATION PURPOSE: SPAY/NEUTER PROGRAMS FOR CATS & DOGS | $1,000 |
ROTARY CHARITIES OF SOUTHERN PURPOSE: REPACE ROOF ON STORAGE SHED | $1,000 |