NonprofitsSouthwest Virginia Community College Educational Foundation Inc

Education

Southwest Virginia Community College Educational Foundation Inc

RICHLANDS, VA

Total revenue

$2.6M

Total expenses

$4.3M

Net assets

$38.3M

Grants received

$569K

17 grants

EIN

541168575

Tax year

2023

Mission

Provide scholarships to students and support the college and virginia community college system.

Programs

1 program

The foundation's program activities relate to its directly related expenses. This includes the foundation's operations, including payroll and overall support of its own assets and activities. A majority of these expenses are for the activities on the grundy booth center and the appalachian arts center, including the allocation of depreciation.

Expenses: $905K

Financials

FY 2023

Revenue

Contributions & grants$1.3M
Program service revenue
Investment income$941K
Other revenue$358K
Total revenue$2.6M

Expenses

Grants paid$2.6M
Salaries & benefits$498K
Fundraising$120K
Other expenses$1.2M
Total expenses$4.3M
Total assets$41.8M
Net assets$38.3M

People

12 listed

NameRoleCompensation

DR THOMAS WRIGHT

BOARD SECRETARY

Board

$31K

0.5 hrs/wk

MARCO WARNER

BOARD VICE-CHAIR

Board

0.5 hrs/wk

JIM BOYD

BOARD MEMBER

Board

0.5 hrs/wk

ANDY HROVATIC

BOARD MEMBER

Board

0.5 hrs/wk

LYNN KEENE

BOARD MEMBER

Board

0.5 hrs/wk

FRAN MINTON

BOARD MEMBER

Board

0.5 hrs/wk

TOM MULLINS

BOARD MEMBER

Board

0.5 hrs/wk

CATHY PAYNE

BOARD MEMBER

Board

0.5 hrs/wk

AJ ROBINSON

BOARD MEMBER

Board

0.5 hrs/wk

SUSAN LOWE

EXECUTIVE DIRECTOR

Board

40 hrs/wk

SCOTT BUTCHER

BOARD CHAIR

Board

0.5 hrs/wk

STACEY MCGHEE

EXECUTIVE DIRECTOR

Board

40 hrs/wk

Grants received

Showing 17 of 17

FromAmountPurposeYear
$1K
General Charitable Support
2024
$90K
TO SUPPORT THE RURAL VIRGINIA HORSESHOE INIATIVE, STUDENT EMERGENCY AND GREAT EXPECTATION PROGRAMS.
2023
$7K
EDUCATIONAL
2023
$1K
General Charitable Support
2023
$650
GENERAL CONTRIBUTION
2023
$72K
TO SUPPORT THE RURAL VIRGINIA HORSESHOE INIATIVE, STUDENT EMERGENCY AND WORKFORCE PROGRAMS.
2022
$10K
FOLK AND TRADITIONAL ARTS
2022
$5K
EDUCATIONAL
2022
$1K
General Charitable Support
2022
$650
GENERAL SUPPORT
2022
$115K
TO SUPPORT HUNGER RELIEF, RURAL VIRGINIA HORSESHOE INITIATIVE AND WORKFORCE PROGRAMS.
2021
$82K
TO SUPPORT GREAT EXPECTATIONS, RURAL VIRGINIA HORSESHOE INITIATIVE, AND WORKFORCE PROGRAMS
2020
$21K
EDUCATIONAL
2020
$1K
EDUCATIONAL
2020
$102K
TO SUPPORT GREAT EXPECTATIONS PROGRAM AND RURAL VIRGINIA HORSESHOE INITIATIVE
2018
$53K
TO SUPPORT GREAT EXPECTATIONS PROGRAM AND RURAL VIRGINIA HORSESHOE INITIATIVE
2017
$6K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$569K from 7 funders · 17 grants · 2017–2024

The Virginia Foundation For Community

$515K · 6 grants · 2017–2023

Bf Foundation

$21K · 1 grant · 2020

The Keene Foundation

$13K · 3 grants · 2020–2023

Mid Atlantic Arts Inc

$10K · 1 grant · 2022

Shentel Foundation

$3K · 3 grants · 2022–2024

Equitable Foundation Inc

$1K · 2 grants · 2022–2023

Details

EIN541168575
NTEE codeB820
Subsection03
Ruling date1981-08
Formed1981
Employees0
Volunteers0
SOUTHWEST VIRGINIA COMMUNITY COLLEGE EDUCATIONAL FOUNDATION INC — Mission, Financials & Grants Received | Grantivo