Warfield Foundation Inc
- Assets
- $2.5m
- Revenue
- $163.4k
- Investments
- $2.4m
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 02/2008
- Data as of
- 06/2023
- EIN
- 76-0710383
Organization Overview
Warfield Foundation Inc is located in Norfolk, VA. The organization was established in 2008. 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. Warfield 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.
Since 2015, Warfield Foundation Inc has awarded 88 individual grants totaling $1,577,054. 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 |
|---|---|---|---|
Jerry L Bowman President | 2 | $0 | |
Wesley E Barnes Jr Treasurer | 2 | $0 | |
K Maxwell Dale Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,973 |
| Dividends & Interest | $53,444 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $103,028 |
| Capital Gain Net Income | $103,028 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $163,445 |
| 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 | $0 |
| Total operating and administrative expenses | $58,724 |
| Contributions, gifts, grants paid | $242,136 |
| Total expenses and disbursements | $300,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $112,723 |
| 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 | $964,845 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,541,015 |
| 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, Warfield Foundation Inc has awarded $242,136 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
CHKD PURPOSE: DIVISION OF HEMATOLOGY & ONCOLOGY | $43,584 |
CHKD PURPOSE: COSTS OF DRUGS & RELATED EXPENSES | $16,950 |
EPISCOPAL CHURCH OF THE ASCENSION PURPOSE: EDUCATION /SPIRITUAL RETREATS | $19,371 |
COLLEGE OF WILLIAM & MARY PURPOSE: ZORA & GILMER WARFIELD SCHOLARSHIP | $43,584 |
GIRL SCOUT COUNCIL OF CC PURPOSE: GENERAL SUPPORT | $19,371 |
EASTERN VIRGINIA MEDICAL SCHOOL PURPOSE: ZORA & GILMER WARFIELD PROFESSORSHIP | $43,585 |