Wade H & Doris Mildred Prather Charitable Tr
- Assets
- $1.8m
- Revenue
- $101.1k
- Investments
- $1.6m
- Employees
- 0
- Location
- Parkersburg, WV
- Founding
- 08/2005
- Data as of
- 12/2022
- EIN
- 55-6170318
Organization Overview
Wade H & Doris Mildred Prather Charitable Tr is located in Parkersburg, WV. The organization was established in 2005. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Wade H & Doris Mildred Prather Charitable Tr 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, Wade H & Doris Mildred Prather Charitable Tr generated $101.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $105.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Wade H & Doris Mildred Prather Charitable Tr has awarded 52 individual grants totaling $724,840. 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
TO HELP FUND RITCHIE COUNTY 4-H LEADERS PROGRAM- TO PROVIDE A MEANS TO HOLD FUNDRAISERS TO FURTHER PROGRAMMING EFFORTS BY PURCHASING A CONCESSION TRAILER.
TO HELP FUND RITCHIE COUNTY 4-H LIVESTOCK COMMITTEE PROGRAM- TO CONTINUE AID IN THE GROWING NEEDS OF THE LIVESTOCK GROUP BY PROVIDING EQUIPMENT, MATERIALS & EDUCATIONAL SUPPORT.
AWANA CLUBS - TO PROVIDE OPERATING FUNDS TO RUN THE PROGRAM WHICH INCLUDES LEADERSHIP TRAINING AND UNIFORMS & STUDY MATERIALS FOR AREA YOUTH.TO PROVIDE FUNDS TO RUN THE PROGRAM WHICH INCLUDES TRAINING FOR VOLUNTEERS & UNIFORMS & STUDY MATERIAL FOR AREA CHILDRREN/YOUTH.
ST. LUKE PRESCHOOL PROGRAM - TO MAINTAIN THE DAILY COST OF SUPPLIES, MATERIALS, CRAFTS, PAPER, ART SUPPLIES, TUITION, BIBLES, GRADUATION & FIELD TRIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wesbanco Bank Corporate Trustee | 1 | $2,744 | |
Roger Garrett Advisory Committee Member | 1 | $0 | |
Ray Cunningham Advisory Committee Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $62,537 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $38,526 |
| Capital Gain Net Income | $38,526 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $101,063 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,744 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $7,197 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,241 |
| Contributions, gifts, grants paid | $94,230 |
| Total expenses and disbursements | $105,471 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,978 |
| Savings and temporary cash investments | $136,652 |
| 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 | $1,420,059 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,786,075 |
| 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, Wade H & Doris Mildred Prather Charitable Tr has awarded $94,230 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
HARRISVILLE ELEMENTARY SCHOOL PURPOSE: TO SUPPORT CLASS TRIPS, SCHOOL T-SHIRTS FOR ALL STUDENTS AND STAFF AND AN ARCHERY SET FOR THE PHYSICAL EDUCATION CLASS. | $9,980 |
AWANA CLUBS OF RITCHIE COUNTY PURPOSE: TO PROVIDE OPERATING FUNDS TO RUN THE PROGRAM WHICH INCLUDES LEADERSHIP TRAINING AND UNIFORMS & STUDY MATERIALS FOR AREA YOUTH.TO PROVIDE FUNDS TO RUN THE PROGRAM WHICH INCLUDES TRAINING FOR VOLUNTEERS & UNIFORMS & STUDY MATERIAL FOR AREA CHILDRREN/YOUTH. | $20,000 |
FIRST ASSEMBLY OF GOD PURPOSE: TO HOST A COUNTY WIDE RITCHIE COUNTY YOUTH CAMP IN SUMMER 2022 AND COVER ALL COSTS FOR THOSE WHO ATTEND. | $10,375 |
HARRISVILLE VOLUNTEER FIRE DEPARTMENT PURPOSE: TO PURCHASE EQUIPMENT TO ASSIST THE FIREFIGHTERS, EMERGENCY ROAD SIGNS, AND STANDS, AIR MASK PARTS, TRIPOD LIGHTS & BACKBOARDS.TO HELP WITH PURCHASE OF NEW TURNOUT GEAR FOR THE MEMBERS OF THE DEPARTMENT. | $5,000 |
RITCHIE COUNTY 4-H LEADERS PURPOSE: TO PROVIDE A MEANS TO HOLD FUNDRAISERS TO FURTHER PROGRAMMING EFFORTS BY PURCHASING A CONCESSION TRAILER. | $16,432 |
RITCHIE COUNTY DEPUTY SHERIFF'S ASSOCIATION PURPOSE: TO TARGET HARRISVILLE YOUTH TO BE INVOLVED IN WEEK LONG ACADEMY FOCUS ON DISCIPLINE, EDUCATION, SELF ESTEEM AND MOTIVATION. | $5,000 |