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Nonprofiteer
← WESTMINSTER-CANTERBURY FOUNDATION

Form 990 for tax year 2023

Filed by WESTMINSTER-CANTERBURY FOUNDATION.

Totals

Total revenue
$7,985,066
Total expenses
$6,400,900
Contributions and grants received
$4,858,869
Grants paid
$2,882,754
Program service revenue
$0
Investment income
$3,126,197
Other revenue
$0
Total assets, end of year
$86,775,683
Total liabilities, end of year
$665,526
Net assets or fund balances, end of year
$86,110,157
Program services expenses (Part IX)
$5,210,170
Management and general expenses
$240,000
Fundraising expenses
$950,730
Program service expenses (Part III)
$5,210,170

Program services were 81.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $4,858,869

  • 1g · Noncash contributions included above

    $225,725

  • 3 · Investment income

    total $1,462,400 · excluded $1,462,400

  • 7a · Gross sales of assets other than inventory

    securities $23,146,376

  • 7b · Less cost or other basis and sales expenses

    securities $21,482,579

  • 7c · Gain or loss

    securities $1,663,797

  • 7d · Net gain or loss

    total $1,663,797 · excluded $1,663,797

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $2,817,823 · program services $2,817,823

  • 2 · Grants to domestic individuals

    total $64,931 · program services $64,931

  • 11a · Fees: management

    total $240,000 · management and general $240,000

  • 24a · Other expenses: OTHER ENDOWMENT EXPENSE

    total $1,326,298 · program services $1,326,298

  • 24b · Other expenses: UNDESIGNATED FUND

    total $572,125 · fundraising $572,125

  • 24c · Other expenses: WCR FUNDS EXPENSES

    total $413,255 · program services $413,255

  • 24d · Other expenses: FELLOWSHIP ENDOWMENT FU

    total $378,605 · fundraising $378,605

  • 24e · All other expenses

    total $587,863 · program services $587,863

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $737,456 · end of year $915,086

  • 3 · Pledges and grants receivable

    beginning of year $4,961,376 · end of year $1,768,976

  • 4 · Accounts receivable

    beginning of year $35,105 · end of year $51,928

  • 11 · Investments: publicly traded securities

    beginning of year $38,633,964 · end of year $51,098,531

  • 12 · Investments: other securities

    beginning of year $31,214,016 · end of year $32,941,162

  • 17 · Accounts payable and accrued expenses

    beginning of year $54,862 · end of year $20,566

  • 25 · Other liabilities

    beginning of year $531,193 · end of year $644,960

  • 27 · Net assets without donor restrictions

    beginning of year $25,337,755 · end of year $28,242,949

  • 28 · Net assets with donor restrictions

    beginning of year $49,658,107 · end of year $57,867,208

Mission and programs · 2023

Mission

WESTMINSTER CANTERBURY FOUNDATION RAISES FUNDS FOR FINANCIAL AID TO LOWER INCOME OLDER ADULTS TO ENTER AND LIVE AT WESTMINSTER CANTERBURY RICHMOND AND FOR OTHER PROGRAMS IN THIS COMMUNITY SERVING SENIORS FROM INDEPENDENT LIVING THROUGH NURSING CARE: HEALTH SERVICES; MEMORY SUPPORT THERAPIES; TRAINING OF CLINICAL AND NON-CLINICAL STAFF AND COMMUNITY INTERNS; PASTORAL CARE; THE ARTS; SCHOLARSHIPS FOR CHILDREN IN OUR ON-SITE CHILD DEVELOPMENT CENTER; AND SPECIALIZED STAFFING AND EQUIPMENT TO INCLUDE CHILDREN WITH SPECIAL NEEDS IN OUR CENTER.

Activities or mission (Part I)

WESTMINSTER CANTERBURY FOUNDATION RAISES FUNDS THROUGH ITS ANNUAL FELLOWSHIP FUNDS AND FELLOWSHIP ENDOWMENT FOR FINANCIAL ASSISTANCE (FELLOWSHIP) SO RESIDENTS CAN ENTER AND LIVE FOR THE REST OF THEIR LIVES AT WESTMINSTER CANTERBURY RICHMOND.

  • WESTMINSTER CANTERBURY FOUNDATION IS COMMITTED TO COMPASSION AND EXCELLENCE FOR ALL RESIDENTS OF WESTMINSTER CANTERBURY RICHMOND REGARDLESS OF HEALTH, COGNITIVE OR FINANCIAL STATUS. THE FOUNDATION NURTURES THE SPIRIT OF GENEROSITY TO ENSURE THE BEST LIFE POSSIBLE FOR OUR SENIOR RESIDENTS, PROVIDES SUPPORT FOR OUR WORKFORCE, AND CULTIVATES LEADERSHIP AND INNOVATION IN SENIOR SERVICES. OUR FELLOWSHIP PROGRAM PROVIDES LIFE CARE GUARANTEED ACCESS TO LONG-TERM INDEPENDENT, ASSISTED OR HEALTHCARE AS WELL AS HOUSING, MEALS, MEDICAL CARE, AND ALL THE VITAL LIVING OF WESTMINSTER CANTERBURY RICHMOND FOR MORE THAN ONE HUNDRED SENIORS-IN-NEED WHO RESIDE ON OUR CAMPUS. OUR FELLOWSHIP OUTREACH PROGRAM PROVIDES COLLABORATIVE SERVICES AND SUPPORT TO SENIORS-IN-NEED IN THE GREATER COMMUNITY. WESTMINSTER CANTERBURY FOUNDATION ALSO PROVIDES FUNDING FOR MEMORY SUPPORT THERAPIES, PASTORAL CARE INTERNSHIPS AND PROGRAMMING, WELLNESS AND FITNESS PROGRAMS, CULTURAL ARTS PROGRAMS AND HEALTHCARE EXCELLENCE ENRICHMENT. FELLOWSHIP SUPPORT - WESTMINSTER CANTERBURY FOUNDATION NURTURES GENEROSITY FOR THE NEEDS OF WESTMINSTER CANTERBURY RICHMOND IN CONTINUED RESPONSE TO OUR JOINT FAITH-BASED MISSION OF PROVIDING FINANCIAL SUPPORT FOR SENIORS-IN-NEED THROUGH OUR FELLOWSHIP PROGRAM. APPROXIMATELY 100 PEOPLE RECEIVE THIS NEED-BASED BENEVOLENT CARE PER YEAR, THROUGH A COMBINATION OF FUNDRAISING FOR THE ANNUAL FELLOWSHIP FUND AND DEDICATED ENDOWMENTS HELD BY BOTH WESTMINSTER CANTERBURY FOUNDATION AND THE WESTMINSTER CANTERBURY CORPORATION. FELLOWSHIP PROGRAM SUPPORT IS OFFERED TO NEW RESIDENTS WITH DEMONSTRATED FINANCIAL NEED, ASSISTING WITH ENTRY FEE SUPPORT AND TO RESIDENTS WHO HAVE OUTLIVED THEIR RESOURCES. OUR FELLOWSHIP PROGRAM ASSURES THAT NO RESIDENT WILL EVER BE ASKED TO LEAVE DUE TO AN INABILITY TO PAY THROUGH NO FAULT OF THEIR OWN.

    Expenses $2,779,238 · Grants $2,779,238

  • PROGRAM SUPPORT - THE FOUNDATION PROVIDES FUNDING FOR MEMORY SUPPORT THERAPIES, PASTORAL CARE INTERNSHIPS AND PROGRAMMING, WELLNESS AND FITNESS PROGRAMS, A WIDE RANGE OF STUDIO ARTS CLASSES, LIVE PERFORMING ARTS EXPERIENCES, FUNDING FOR LEADERSHIP AND INNOVATION IN SENIOR SERVICES, SUPPLEMENTAL SCHOLARSHIPS FOR EMPLOYEES' CHILDREN IN OUR ON-SITE CHILD DEVELOPMENT CENTER, PROGRAMMING SUPPORT FOR THE CHILD DEVELOPMENT CENTER, AND HEALTHCARE IMPROVEMENTS. OUR MISSION IS TO NURTURE AND INSPIRE GENEROSITY SO THAT SENIORS MAY LIVE THE BEST LIFE POSSIBLE AND TO CULTIVATE LEADERSHIP IN SENIOR SERVICES BOTH ON OUR CAMPUS AND BEYOND.

    Expenses $1,732,493 · Grants $53,224

  • ADVANCED TRAINING - THE FOUNDATION PROVIDES FUNDING FOR ADVANCED TRAINING FOR CLINICAL AND NON-CLINICAL STAFF TO IMPROVE SERVICE, PROVIDE HEALTHCARE FOR ALL WHO ARE SERVED IN OUR SKILLED NURSING HEALTH CENTER, AND SCHOLARSHIPS FOR STAFF WHO WISH TO ADVANCE THEIR CAREERS. THE FOUNDATION PROVIDES MUCH OF THE FUNDING FOR THE ORGANIZATION'S PROFESSIONAL SCHOOL OF LEARNING, WHICH OFFERS CLASSROOM AND ONLINE TRAINING FOR THE ENTIRE WORKFORCE OF APPROXIMATELY 650 STAFF. THE FOUNDATION FUNDS A FULL-TIME CLINICAL EDUCATOR IN OUR MARY MORTON PARSONS HEALTH CENTER AND A COMPREHENSIVE MULTI-WEEK PRECEPTOR PROGRAM FOR EVERY NEW HIRE IN THE HEALTH CENTER. THE FOUNDATION HAS OFFERED INTENSE INNOVATION TRAINING AND A CAREER LATTICE PROGRAM TO STAFF ACROSS ALL DEPARTMENTS. THROUGH THESE TRAINING PROGRAMS, CARE IS ENHANCED FOR EVERY RESIDENT, AND STAFF MEMBERS HAVE THE OPPORTUNITY TO CONTINUOUSLY IMPROVE THEIR SKILLS

    Expenses $698,439 · Grants $50,292

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • MAUREEN GALLIHUGH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • MYFANWY MONROE HALL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • ROBERT G HETHERINGTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • THE REV W RAY INSCOE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • A CECIL JACOBS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • DR JOSEPH A JAMES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • SUSANNA B JONES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • FRANCES W KAY

    TRUSTEE (THRU JAN- 24)

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • SARA M MAYNARD

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • PATRICIA P PUSEY

    TRUSTEE (THRU JAN- 24)

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • M BAGLEY REID

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • WALTER S ROBERTSON III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • SUSAN B SCOTT

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • AMANDA L SURGNER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • BARBARA B UKROP

    TRUSTEE (THRU JAN- 24)

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • DR MARILYN WEST

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • DAVID WHITE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • REV MARLENE E FORREST

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • KATE DUVAL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • JONATHAN C CHASE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • WALTER E BUNDY III MD

    TRUSTEE (THRU JAN- 24)

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • JAMES F LIPSCOMB JR

    CHAIR (THRU JAN- 24)

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • MARY C FREDIANI

    CHAIR (AS OF JAN- 24)

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • STEPHEN Y MCGEHEE

    VICE CHAIR (AS OF JAN- 24)

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • RUSSELL AARONSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • FERD BARUCH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • WYATT S BEAZLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • ARTHUR S BRINKLEY III

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 4 related
  • JOHN BURNS

    CEO

    Total calculated
    $659,664
    From this org
    $0
    From related orgs
    $609,703
    Other
    $49,961
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $397,710 related
    Bonus
    $0 + $167,047 related
    Other
    $0 + $44,946 related
    Deferred
    $0 + $33,364 related
    Nontaxable benefits
    $0 + $16,597 related
    Filer's total
    $0 + $659,664 related
  • W RUSSELL GARDNER

    CFO & VICE PRESIDENT

    Total calculated
    $484,812
    From this org
    $0
    From related orgs
    $446,053
    Other
    $38,759
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $315,038 related
    Bonus
    $0 + $121,208 related
    Other
    $0 + $9,807 related
    Deferred
    $0 + $25,400 related
    Nontaxable benefits
    $0 + $13,359 related
    Filer's total
    $0 + $484,812 related
  • WILLIAM H BLACKWELL

    VICE PRESIDENT

    Total calculated
    $321,144
    From this org
    $0
    From related orgs
    $288,383
    Other
    $32,761
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $206,060 related
    Bonus
    $0 + $80,584 related
    Other
    $0 + $1,739 related
    Deferred
    $0 + $20,105 related
    Nontaxable benefits
    $0 + $12,656 related
    Filer's total
    $0 + $321,144 related
  • GAYLE HAGLUND

    VICE PRESIDENT

    Total calculated
    $126,711
    From this org
    $0
    From related orgs
    $118,257
    Other
    $8,454
    Hours/week
    40
  • ROBERT MANN

    VICE PRESIDENT IT

    Total calculated
    $204,475
    From this org
    $0
    From related orgs
    $189,013
    Other
    $15,462
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $149,351 related
    Bonus
    $0 + $33,870 related
    Other
    $0 + $5,792 related
    Deferred
    $0 + $12,525 related
    Nontaxable benefits
    $0 + $2,937 related
    Filer's total
    $0 + $204,475 related
  • DAN STACKHOUSE

    VICE PRESIDENT RESOURCE DEVELOPMENT

    Total calculated
    $109,793
    From this org
    $0
    From related orgs
    $102,327
    Other
    $7,466
    Hours/week
    40
  • STACEY NANNERY

    VICE PRESIDENT SALES AND M

    Total calculated
    $193,568
    From this org
    $0
    From related orgs
    $170,485
    Other
    $23,083
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $140,583 related
    Bonus
    $0 + $29,902 related
    Other
    $0
    Deferred
    $0 + $12,814 related
    Nontaxable benefits
    $0 + $10,269 related
    Filer's total
    $0 + $193,568 related
  • JASON COLLINS

    VICE PRESIDENT FACILITIES

    Total calculated
    $191,385
    From this org
    $0
    From related orgs
    $173,965
    Other
    $17,420
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $145,489 related
    Bonus
    $0 + $28,476 related
    Other
    $0
    Deferred
    $0 + $7,051 related
    Nontaxable benefits
    $0 + $10,369 related
    Filer's total
    $0 + $191,385 related
  • CHELSEA NAYLOR

    VICE PRESIDENT WORKFORCE S

    Total calculated
    $215,155
    From this org
    $0
    From related orgs
    $190,163
    Other
    $24,992
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $160,062 related
    Bonus
    $0 + $30,101 related
    Other
    $0
    Deferred
    $0 + $12,428 related
    Nontaxable benefits
    $0 + $12,564 related
    Filer's total
    $0 + $215,155 related
  • JOHN LOOP

    VICE PRESIDENT HEALTH AND WELLNESS

    Total calculated
    $18,847
    From this org
    $0
    From related orgs
    $18,847
    Other
    $0
    Hours/week
    40
  • SHARON M POZNANCZYK

    DIRECTOR OF NURSING

    Total calculated
    $225,310
    From this org
    $0
    From related orgs
    $200,847
    Other
    $24,463
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $172,659 related
    Bonus
    $0 + $23,023 related
    Other
    $0 + $5,165 related
    Deferred
    $0 + $15,134 related
    Nontaxable benefits
    $0 + $9,329 related
    Filer's total
    $0 + $225,310 related
  • KEVIN DAIGNAULT

    ADMINISTRATOR HOME HEALTH

    Total calculated
    $192,428
    From this org
    $0
    From related orgs
    $181,548
    Other
    $10,880
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $159,835 related
    Bonus
    $0 + $14,008 related
    Other
    $0 + $7,705 related
    Deferred
    $0 + $1,690 related
    Nontaxable benefits
    $0 + $9,190 related
    Filer's total
    $0 + $192,428 related
  • MARTIN KANE

    DIRECTOR OF FINANCE

    Total calculated
    $181,153
    From this org
    $0
    From related orgs
    $163,105
    Other
    $18,048
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $144,235 related
    Bonus
    $0 + $18,870 related
    Other
    $0
    Deferred
    $0 + $8,831 related
    Nontaxable benefits
    $0 + $9,217 related
    Filer's total
    $0 + $181,153 related
  • DEBRA JACOBSEN

    ADMINISTRATOR RESIDENTIAL

    Total calculated
    $190,363
    From this org
    $0
    From related orgs
    $158,079
    Other
    $32,284
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $134,739 related
    Bonus
    $0 + $23,340 related
    Other
    $0
    Deferred
    $0 + $22,155 related
    Nontaxable benefits
    $0 + $10,129 related
    Filer's total
    $0 + $190,363 related
  • DEREK OLIVER

    DIRECTOR FACILITIES ENGINEERING

    Total calculated
    $165,231
    From this org
    $0
    From related orgs
    $144,902
    Other
    $20,329
    Hours/week
    0 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $129,932 related
    Bonus
    $0 + $14,970 related
    Other
    $0
    Deferred
    $0 + $11,170 related
    Nontaxable benefits
    $0 + $9,159 related
    Filer's total
    $0 + $165,231 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

PART I, LINE 3
AN OUTSIDE COMPANY IS ENGAGED BY A RELATED ORGANIZATION EACH YEAR TO ADVISE ON ALL EMPLOYEES' COMPENSATION PACKAGES, INCLUDING THE CEO'S. THE ORGANIZATION AND COMPENSATION COMMITTEE OF A RELATED ORGANIZATION'S BOARD REVIEWS THE RECOMMENDATIONS OF THE OUTSIDE COMPANY. THE CEO'S COMPENSATION IS DETERMINED BY THE BOARD INDEPENDENTLY OF THE CEO, AND ITS DECISION IS DOCUMENTED IN THE BOARD MINUTES. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2024.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • CLAREMONT ASSOCIATES

    CHARITABLE PURPOSES · VA · income $0 · assets $6,304

    Directly controlled by WESTMINSTER CANTERBURY FOUNDATION

Provenance

Return type
form_990
Tax year
2023
Filed
4 August 2025
IRS schema version
2023v6.0
Source object
202502169349302100

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