Darby Family Foundation Inc is located in Ghent, WV. The organization was established in 2002. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Darby Family 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 12/2022, Darby Family Foundation Inc generated $21.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $68.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Darby Family Foundation Inc has awarded 17 individual grants totaling $162,000. 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
NONE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stuart Upton President | 6 | $0 | |
Sandra D Smith Vice President | 6 | $0 | |
Ann D Getty Secretary | 6 | $0 | |
Michael W Darby Treasurer | 6 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $13 |
| Dividends & Interest | $24,574 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$2,737 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,850 |
| 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 | $6,652 |
| Total operating and administrative expenses | $8,077 |
| Contributions, gifts, grants paid | $60,000 |
| Total expenses and disbursements | $68,077 |
| 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 | $925,931 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $925,931 |
| 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 |
Over the last fiscal year, Darby Family Foundation Inc has awarded $60,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
CHESTNUT MOUNTAIN RANCH PURPOSE: ONGOINGOPERATIONS | $10,000 |
INNISFREE VILLAGE PURPOSE: ONGOINGOPERATIONS | $10,000 |
HOPE HILL PURPOSE: ONGOINGOPERATIONS | $10,000 |
VILLAGE PROJECT AFRICA PURPOSE: NIXONSCHOLARSHIP FUND | $25,000 |
FEEDING AMERICA PURPOSE: ONGOINGOPERATIONS | $5,000 |