Foundation For The Tri-State Community Inc

Organization Overview

Foundation For The Tri-State Community Inc is located in Ashland, KY. The organization was established in 1972. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 12/2021, Foundation For The Tri-State Community Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For The Tri-State Community 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 12/2021, Foundation For The Tri-State Community Inc generated $3.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.5% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Foundation For The Tri-State Community Inc has awarded 167 individual grants totaling $2,365,739. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION FOR THE TRI-STATE COMMUNITY, INC. IS A COMMUNITY FOUNDATION ESTABLISHED TO IMPROVE THE QUALITY OF LIFE IN THE TRI-STATE REGION OF KENTUCKY, OHIO AND WEST VIRGINIA, BY ENCOURAGING, RAISING, ADMINSTERING AND DISTRIBUTING GIFTS FOR CHARITABLE, CULTURAL, EDCATIONAL AND SCIENTIFIC PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION FOR THE TRI-STATE COMMUNITY, INC. SPONSORS MANY PROGRAMS FOR THE CULTURAL AND EDUCATIONAL ENRICHMENT OF THE TRI-STATE AREA.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Witten Wiseman
President
$174,947
Jodi Rowe-Collins
Vice Chairma
$0
Earnest Pitt
Vice Chairma
$0
Christopher Plybon
Chairman
$0
Kristy Gross
Secretary/tr
$0
Lee Oxley
Vice Chairma
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$972,626
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$972,626
Total Program Service Revenue$0
Investment income $568,799
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,807,136
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,348,561

Grants Awarded

Over the last fiscal year, Foundation For The Tri-State Community Inc has awarded $422,931 in support to 25 organizations.

Grant RecipientAmount

FAIRFIELD CDC

|

|

$100,000

FIRST CHURCH OF THE NAZARENE

|

|

$51,250

Huntington, WV

|

$39,034

CITY OF HUNTINGTON

Org PageRecipient Profile

Huntington, WV

|

$28,097

HOOPS FAMILY CHILDREN HOSPITAL

Org PageRecipient Profile

Huntington, WV

|

$22,804

MARSHALL UNIVERSITY ARTIST SERIESMARSHALL UNIVERSITY FOUNDATION

Org PageRecipient Profile

Huntington, WV

|

$17,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Foundation For The Tri-State Community Inc has recieved totaling $111,300.

Awarding OrganizationAmount
James H Harless Foundation Inc

Gilbert, WV

PURPOSE: PGRM SUPPORT

$75,000
Bloomberg Family Foundation Inc

New York, NY

PURPOSE: ASPHALT ART INITIATIVE FOR THE CITY OF HUNTINGTON, WV

$25,000
American Junior Golf Foundation Inc

Braselton, GA

PURPOSE: GENERAL SUPPORT

$5,250
Gannett Foundations Inc

Mclean, VA

PURPOSE: CHARITABLE PURPOSE

$5,050
Millard F & Beulah M Field Crut Memorial Trust

Lexington, KY

PURPOSE: EDUCATION/GRANTS

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$27,272,222
Earnings$4,329,242
Net Contributions$514,044
Grants-$939,923
Ending Balance$31,175,585

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