Bank Of Clarke County Foundation is located in Berryville, VA. 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. Bank Of Clarke County 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, Bank Of Clarke County Foundation generated $261.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $275.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Bank Of Clarke County Foundation has awarded 300 individual grants totaling $398,328. 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
SHENANDOAH APPLE BLOSSOM FESTIVAL
TIMBER RIDGE SCHOOL
VBA EDU FOUNDATION
BOY SCOUTS OF AMERICA
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hudson President, Director | 0 | $0 | |
Brandon Lorey Director | 0 | $0 | |
Kathleen Chappell Treasurer, Director | 0 | $0 | |
Mary Bruce Glaize Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $261,222 |
| Interest on Savings | $259 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $261,481 |
| 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 | $939 |
| Other expenses | $34,237 |
| Total operating and administrative expenses | $58,499 |
| Contributions, gifts, grants paid | $216,613 |
| Total expenses and disbursements | $275,112 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,604 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $25,604 |
| 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, Bank Of Clarke County Foundation has awarded $216,713 in support to 154 organizations.
| Grant Recipient | Amount |
|---|---|
CC FAIR PURPOSE: MONIES TO BE USED FOR VARIOUS FAIR ACTIVITIES LIKE PIG SCRAMBLE OR DEMO DERBY | $5,000 |
SHENANDOAH APPLE BLOSSOM FESTIVAL-EVENTS SPNSRFAIRGRNDG PURPOSE: 2022-23 BANK FELLOWS PROGRAM | $9,500 |
TIMBER RIDGE SCHOOLS PURPOSE: 2022 ANNUAL SUPPORT - CAREER AND TECHNICAL CAMPAIGN | $10,000 |
VBA EDUCATION FOUNDATION PURPOSE: 2022-23 BANK FELLOWS PROGRAM | $10,000 |
BOY SCOUTS OF AMERICA PURPOSE: DISTINGUISHED CITIZEN AWARD DINNER ON 4/7 TO HONORY JIMMY WILKINS | $5,000 |
LAUREL RIDGE COMMUNITY CO - 2022 DONATIONHAZEL HALL OPENING PURPOSE: SPONSORSHIP FOR OPENING OF HAZEL HALL AT FAUQUIER CAMPUS | $5,000 |