Sara E Blake Charitable Foundation
- Assets
- $8.4m
- Revenue
- $462.3k
- Investments
- $7.6m
- Employees
- 0
- Location
- Wheeling, WV
- Founding
- 03/1999
- Data as of
- 12/2022
- EIN
- 55-6091949
Organization Overview
Sara E Blake Charitable Foundation is located in Wheeling, WV. The organization was established in 1999. 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. Sara E Blake 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, Sara E Blake Charitable Foundation generated $462.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.9%) each year. All expenses for the organization totaled $539.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Sara E Blake Charitable Foundation has awarded 16 individual grants totaling $3,733,096. 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
WESBANCO BANK - TECHNICAL ASSISTANCE PROVIDED TO ENSURE THE MAINTENANCE OF COMPLETE AND ACCURATE FINANCIAL RECORDS - FILING FORM 990-PF
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 | $29 |
| Dividends & Interest | $166,722 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $295,559 |
| Capital Gain Net Income | $295,559 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $462,310 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,118 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $27,393 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $71,186 |
| Contributions, gifts, grants paid | $467,887 |
| Total expenses and disbursements | $539,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $772,008 |
| Net Accounts receivable | $25,013 |
| 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 | $6,098,486 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,350,569 |
| 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, Sara E Blake Charitable Foundation has awarded $467,887 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THOMSON UNITED METHODIST CHURCH PURPOSE: GENERAL USES | $70,183 |
WEST VIRGINIA WESLEYAN COLLEGE PURPOSE: SCHOLARSHIPS FOR WORTHY | $397,704 |