NonprofitsParkersburg Area Community Foundation Inc

Community Foundations

Parkersburg Area Community Foundation Inc

PARKERSBURG, WV

Total revenue

$12.0M

Total expenses

$4.5M

Net assets

$94.9M

Grants received

$135K

7 grants

EIN

550748246

Tax year

2024

Mission

Refer to schedule o for continuation: partnering with generous people to build permanent philanthropic resources that strengthen our communities. Corporate form of public charity community charitable foundation organization distributing grants to charitable or non-profit organizations. Also awarding competitive grants, distributions, and scholarships through an application and review process. The focus of the awards is toward education, welfare enhancement, civic projects, and community betterment through grants to qualified organizations and competitive scholarships to individuals in the greater mid-ohio valley and surrounding area.

Programs

2 programs

Scholarship recipients; funds list specific criteria by which recipients are to be chosen. This includes financial need and academic achievement. Scholarship review committees are established by the foundation according to its 'scholarship policy', and in compliance with h.r.4. Members to such committees are approved by the foundation's board annually and assist in the review of candidates based on the fund's selection criteria and recommend recipients to the foundation's board. All scholarships are awarded without regard to race, sex, or creed. Recipients are required to submit evidence of post-high school qualified educational institution enrollment, and submit transcripts or other evidence of academic progress each year.

Expenses: $556KGrants: $556K

Grantmaking from all other restricted funds, special campaigns and grants received by the foundation and distributed by the foundation for their intended purposes. This includes: designated funds, donor advised funds and agency endowment and agency designated funds; the give local mov campaign; and grants assigned to specific projects, geographic communities and grants for administrative purposes.

Expenses: $3.0MGrants: $2.8M

Financials

FY 2024

Revenue

Contributions & grants$5.6M
Program service revenue
Investment income$6.4M
Other revenue$1K
Total revenue$12.0M

Expenses

Grants paid$3.4M
Salaries & benefits$436K
Fundraising$18K
Other expenses$638K
Total expenses$4.5M
Total assets$98.3M
Net assets$94.9M

People

23 listed

NameRoleCompensation

FRED RADER

EXECUTIVE DIRECTOR

Board

$107K

50 hrs/wk

GREG COTTRILL

BOARD MEMBER

Board

1 hrs/wk

JEAN FREELAND

BOARD MEMBER

Board

1 hrs/wk

CHUCK HUDSON

BOARD MEMBER

Board

1 hrs/wk

ANN BECK

BOARD MEMBER

Board

1 hrs/wk

MARY ANNE KETELSEN

BOARD MEMBER

Board

1 hrs/wk

CYNTHIA BROWN

BOARD MEMBER

Board

1 hrs/wk

KAM LAWSON

BOARD MEMBER

Board

1 hrs/wk

MARIE E CALTRIDER

CHAIRPERSON

Board

1 hrs/wk

LINDA GERRARD

BOARD MEMBER

Board

1 hrs/wk

JOSHUA CAMPBELL

BOARD MEMBER

Board

1 hrs/wk

JANE IRVINE

BOARD MEMBER

Board

1 hrs/wk

RYAN KENT

VICE-CHAIRPERSON

Board

1 hrs/wk

TOM WHALING

CHAIRPERSON

Board

1 hrs/wk

LYNN ERB

BOARD MEMBER

Board

1 hrs/wk

BRYAN REAM

BOARD MEMBER

Board

1 hrs/wk

ROBERT WRIGHT

BOARD MEMBER

Board

1 hrs/wk

JAYNE WHITLOW

BOARD MEMBER

Board

1 hrs/wk

LEXI MILLER

SECRETARY

Board

1 hrs/wk

DAVE MCCLURE

BOARD MEMBER

Board

1 hrs/wk

AMY CARUTHERS

BOARD MEMBER

Board

1 hrs/wk

RANDY DICK

TREASURER

Board

1 hrs/wk

JIM BENNETT

BOARD MEMBER

Board

1 hrs/wk

Grants received

Showing 7 of 7

FromAmountPurposeYear
$6K
GENERAL SUPPORT
2022
$75K
TO PROMOTE HEALTH AND WELLNESS
2020
$15K
1 GRANT(S) FOR VARYING PURPOSES
2020
$10K
COMMUNITY LEADERSHIP/SUPPORT
2019

Funded by

$135K from 6 funders · 7 grants · 2019–2024

Sisters Of St Joseph Charitable

$75K · 1 grant · 2020

American Online Giving Foundation Inc

$23K · 2 grants · 2022–2024

The Winston-Salem Foundation

$15K · 1 grant · 2020

Tahoe Community Foundation

$10K · 1 grant · 2019

NADA Foundation

$6K · 1 grant · 2022

Details

EIN550748246
NTEE codeT31
Subsection03
Ruling date2007-04
Formed1996
Employees5
Volunteers200
PARKERSBURG AREA COMMUNITY FOUNDATION INC — Mission, Financials & Grants Received | Grantivo