Form 990 for tax year 2022
Filed by THE COMMUNITY FOUNDATION OF THE DAN RIVER REGION.
Totals
- Total revenue
- $2,796,969
- Total expenses
- $2,248,476
- Contributions and grants received
- $1,622,682
- Grants paid
- $1,705,587
- Program service revenue
- $16,488
- Investment income
- $1,157,779
- Other revenue
- $20
- Total assets, end of year
- $49,707,408
- Total liabilities, end of year
- $588,087
- Net assets or fund balances, end of year
- $49,119,321
- Program services expenses (Part IX)
- $2,027,026
- Management and general expenses
- $174,512
- Fundraising expenses
- $46,938
- Program service expenses (Part III)
- $2,027,026
Program services were 90.2% 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
$1,622,682
-
2a · Program service revenue: ADMINISTRATIVE FEE INC
total $16,488 · related or exempt $16,488
-
3 · Investment income
total $1,226,020 · related or exempt $1,226,020
-
7b · Less cost or other basis and sales expenses
securities $68,241
-
7c · Gain or loss
securities -$68,241
-
7d · Net gain or loss
total -$68,241 · related or exempt -$68,241
-
11a · Other revenue: OTHER INCOME
total $19 · excluded $19
-
11b · Other revenue: ROUNDING
total $1 · excluded $1
-
11e · Other revenue, total
$20
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,426,047 · program services $1,426,047
-
2 · Grants to domestic individuals
total $279,540 · program services $279,540
-
5 · Compensation of officers, directors and key employees
total $81,470 · program services $32,588 · management and general $34,217 · fundraising $14,665
-
7 · Other salaries and wages
total $101,400 · program services $73,477 · management and general $24,301 · fundraising $3,622
-
9 · Other employee benefits
total $17,430 · program services $10,109 · management and general $5,578 · fundraising $1,743
-
10 · Payroll taxes
total $14,818 · program services $8,594 · management and general $4,742 · fundraising $1,482
-
11f · Fees: investment management
total $133,142 · program services $133,142
-
11g · Fees: other
total $47,944 · program services $23,972 · management and general $23,972
-
12 · Advertising and promotion
total $25,426 · fundraising $25,426
-
13 · Office expenses
total $6,639 · management and general $6,639
-
16 · Occupancy
total $4,383 · management and general $4,383
-
17 · Travel
total $6,747 · management and general $6,747
-
22 · Depreciation, depletion and amortization
total $14,943 · management and general $14,943
-
23 · Insurance
total $5,196 · management and general $5,196
-
24a · Other expenses: WEB HOSTING AND SOFTWAR
total $52,743 · program services $39,557 · management and general $13,186
-
24b · Other expenses: PROJECT GRANT EXPENSE
total $16,177 · management and general $16,177
-
24c · Other expenses: MAINTENANCE EXPENSE
total $3,795 · management and general $3,795
-
24d · Other expenses: POSTAGE & SHIPPING EXPE
total $3,605 · management and general $3,605
-
24e · All other expenses
total $7,031 · management and general $7,031
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,455 · end of year $4,009
-
2 · Savings and temporary cash investments
beginning of year $2,974,394 · end of year $2,966,862
-
9 · Prepaid expenses and deferred charges
beginning of year $13,031 · end of year $18,080
-
10a · Land, buildings and equipment: cost or other basis
$377,927
-
10b · Land, buildings and equipment: accumulated depreciation
$249,136
-
10c · Land, buildings and equipment, net
beginning of year $143,734 · end of year $128,791
-
11 · Investments: publicly traded securities
beginning of year $31,169,675 · end of year $37,280,515
-
12 · Investments: other securities
beginning of year $11,582,180 · end of year $9,264,876
-
15 · Other assets
beginning of year $46,211 · end of year $44,275
-
25 · Other liabilities
beginning of year $507,780 · end of year $588,087
-
27 · Net assets without donor restrictions
beginning of year $45,201,559 · end of year $48,962,248
-
28 · Net assets with donor restrictions
beginning of year $221,341 · end of year $157,073
Mission and programs · 2022
Mission
THE COMMUNITY FOUNDATION OF THE DAN RIVER REGION WILL IMPROVE AND ENRICH THE LIVES OF THE REGION'S RESIDENTS BY ENCOURAGING AND FACILITATING DONATIONS; BY MANAGING, INVESTING, AND DISTRIBUTING THESE DONATIONS IN ACCORDANCE WITH DONORS' WISHES WHILE MEETING COMMUNITY NEEDS; AND BY ENSURING THESE DONATIONS CREATE A LASTING LEGACY OF GROWTH AND OPPORTUNITY THROUGHOUT THE REGION.
Activities or mission (Part I)
OUR MISSION IS TO IMPROVE AND ENRICH THE COMMUNITY THROUGH THE GENEROSITY OF DONORS.
-
IT IS THE ORGANIZATION'S VISION TO RECOGNIZE THE NEEDS AND PROVIDE RESOURCES TO IMPROVE THE QUALITY OF LIFE IN OUR COMMUNITY AND TO SERVE THE WISHES OF THE DONORS.THE MISSION OF THE COMMUNITY FOUNDATION OF THE DAN RIVER REGION IS TO IMPROVE AND ENRICH THE LIVES OF THE REGION'S RESIDENTS BY ENCOURAGING AND FACILITATING DONATIONS; BY MANAGING, INVESTING, AND DISTRIBUTING THESE DONATIONS IN ACCORDANCE WITH DONORS' WISHES WHILE MEETING COMMUNITY NEEDS; AND BY ENSURING THESE DONATIONS CREATE A LASTING LEGACY OF GROWTH AND OPPORTUNITY THROUGHOUT THE REGION.WHILE THE ORGANIZATION WORKS WITH DONORS TO ESTABLISH FUNDS TO BENEFIT ANY GEOGRAPHIC AREA, THE PRIMARY SERVICE AREA IS DANVILLE/PITTSYLVANIA COUNTY, VIRGINIA AND CASWELL COUNTY, NORTH CAROLINA. DONATIONS ARE ALSO BEING SOUGHT TO BUILD UP RESOURCES FOR SOUTH BOSTON/HALIFAX COUNTY, WITH CONSIDERATION BEING GIVEN TO OTHER NEIGHBORING COUNTIES.
Expenses $2,027,026 · Grants $1,705,587 · Revenue $1,174,267
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Katherine MilamKATHERINE MILAM
EXECUTIVE DIRECTOR
- Total calculated
- $81,470
- From this org
- $81,470
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Angeles AtkinsonANGELES ATKINSON
PAST PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Scott BarnesSCOTT BARNES
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Steve BassSTEVE BASS
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Vince Kania JrVINCE KANIA JR
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Cathy PulliamCATHY PULLIAM
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Lee FarmerLEE FARMER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Richard DixonRICHARD DIXON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Felicia Veal-EdmundsFELICIA VEAL-EDMUNDS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ginny FosterGINNY FOSTER
DIRECTOR AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Danielle MontagueDANIELLE MONTAGUE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Teresa PettyTERESA PETTY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Nina Beth ThorntonNINA BETH THORNTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sandy SaundersSANDY SAUNDERS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jennifer HiltwineJENNIFER HILTWINE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kunal PatelKUNAL PATEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Howard GravesHOWARD GRAVES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bill RiddleBILL RIDDLE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Kerri BurchettKERRI BURCHETT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Tiffany Danielle HairstonTIFFANY DANIELLE HAIRSTON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Lisa Johnston KnightLISA JOHNSTON KNIGHT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dan AngelDAN ANGEL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sheila Williamson-BranchSHEILA WILLIAMSON-BRANCH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Sylvia BrooksSYLVIA BROOKS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
UNRESTRICTED
-
CITY OF DANVILLE SOCIAL SERVICES
$50,000
2023 COMPETITIVE GRANT AWARD
-
$45,633
FOR UNRESTRICTED USE
-
$37,500
2023 COMPETITIVE GRANT AWARD
-
$31,600
2023 COMPETITIVE GRANT AWARD
-
2023 COMPETITIVE GRANT AWARD
-
2023 COMPETITIVE GRANT AWARD
-
2023 COMPETITIVE GRANT AWARD
-
2023 COMPETITIVE GRANT AWARD
-
CHATHAM FIRE DEPARTMENT
$26,088
2023 COMPETITIVE GRANT AWARD
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 3 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202313049349300711
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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