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Nonprofit · EIN 55-6024430

GREATER KANAWHA VALLEY FOUNDATION

Tax-exempt · CHARLESTON, WV 25331

Financials

$26.8M$17.2M2023$23.1M$19.5M2024
Revenue Expenses · by fiscal year end
Financials of GREATER KANAWHA VALLEY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$23,071,613$19,479,952$3,591,661$348,418,905$10,043,790$338,375,115
December 31, 2023990$26,847,120$17,235,516$9,611,604$323,222,194$10,352,542$312,869,652
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,833,242
Program service revenue
$0
Investment income
$18,161,352
Net gain from sales of assets
$11,179,712
Other revenue
$77,019

Expenses

Grants and similar amounts paid
$15,972,376
Compensation of officers, directors and key employees
$459,437
Other salaries and wages
$922,187
Salaries, compensation and benefits (total)
$1,757,040
Professional fundraising fees
$0
Legal fees
$79,038
Accounting fees
$39,000
Occupancy
$156,257
Depreciation
$60,676
Program services (functional)
$17,270,582
Management and general (functional)
$1,967,763
Fundraising (functional)
$241,607

Balance sheet and other

Total assets, start of year
$323,222,194
Total assets, end of year
$348,418,905
Total liabilities, end of year
$10,043,790
Net assets, end of year
$338,375,115
Land, buildings and equipment
$307,244
Publicly traded securities
$330,165,452
Net assets without donor restrictions
$336,697,894
Net assets with donor restrictions
$1,677,221
Gross receipts
$23,071,613
Employees
16
Volunteers
13
Year formed
1962
State of legal domicile
WV

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
MICHELLE FOSTERPRESIDENT AND CEO
Officer
40$235,936$35,170
KRISTIN MOUNTSCHIEF FINANCIAL OFFICER
Officer
40$161,100$27,231
ROBERT O ORDERSCHAIR
Trustee or director, Officer
1$0$0
DICKINSON GOULDVICE CHAIR
Trustee or director, Officer
1$0$0
DR JASON CASTLETRUSTEE
Trustee or director
1$0$0
DEBRA SULLIVANTRUSTEE
Trustee or director
1$0$0
DALE CLOWSERTRUSTEE
Trustee or director
1$0$0
SARAH ELLISTRUSTEE
Trustee or director
1$0$0
LEAH GLOVERTRUSTEE
Trustee or director
1$0$0
DEBBIE SINKTREASURER
Trustee or director, Officer
1$0$0
TED ARMBRECHT IIITRUSTEE
Trustee or director
1$0$0
DR KIMBERLY BECHERTRUSTEE
Trustee or director
1$0$0
WILL CARTERSECRETARY
Trustee or director, Officer
1$0$0
GEORGETTE GEORGETRUSTEE
Trustee or director
1$0$0
ANDY YOUNGTRUSTEE
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensationOther / benefits
MICHELLE FOSTERPRESIDENT AND CEO
Officer
40$225,936$33,694
KRISTIN MOUNTSCHIEF FINANCIAL OFFICER
Officer
40$155,090$25,750
TODD MOUNTTRUSTEE
Trustee or director
1$0$0
ROBERT O ORDERSCHAIR
Trustee or director, Officer
1$0$0
DICKINSON GOULDVICE CHAIR
Trustee or director, Officer
1$0$0
DR JASON CASTLETRUSTEE
Trustee or director
1$0$0
DEBRA SULLIVANTRUSTEE
Trustee or director
1$0$0
DALE CLOWSERTRUSTEE
Trustee or director
1$0$0
SARAH ELLISTRUSTEE
Trustee or director
1$0$0
LEAH GLOVERTRUSTEE
Trustee or director
1$0$0
DEBBIE SINKTREASURER
Trustee or director, Officer
1$0$0
TED ARMBRECHT IIITRUSTEE
Trustee or director
1$0$0
SUSAN SHUMATETRUSTEE
Trustee or director
1$0$0
WILL CARTERSECRETARY
Trustee or director, Officer
1$0$0
GEORGETTE GEORGETRUSTEE
Trustee or director
1$0$0
ANDY YOUNGTRUSTEE
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 3041, CHARLESTON, WV 25331-3041
Principal officer (990 for 2024)
MICHELLE FOSTER, PO BOX 3041, CHARLESTON, WV 25331
Signed the 990
KRISTIN MOUNTS, CHIEF FINANCIAL OFFICER
Phone
(304) 346-3620
Return prepared by
SUTTLE & STALNAKER PLLC

Mission

THE GREATER KANAWHA VALLEY FOUNDATION IS A PHILANTHROPIC LEADER THAT HELPS DONORS, NONPROFITS, AND OTHER COLLABORATIVE PARTNERS STRENGTHEN OUR COMMUNITY SO ALL OF THE PEOPLE AND PLACES WE SERVE HAVE THE OPPORTUNITY TO THRIVE.

990 for the year ended December 31, 2024

Program accomplishments

  • THIS IS A COMMUNITY TRUST ORGANIZED TO ACCEPT CONTRIBUTIONS, ESTABLISH AND ADMINISTER TRUSTS AND DISTRIBUTE INCOME FOR THE BENEFIT OF PEOPLE IN THE KANAWHA VALLEY AREA.
    Expenses $17,270,582 · grants $15,972,376

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
55-6024430
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1965
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$348,418,905
Income (IRS master file)
$23,071,613

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$23,071,613$19,479,952$348,418,905XML
990December 2023$26,847,120$17,235,516$323,222,194XML
990December 2022$30,306,337$15,580,560$289,541,462IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 55-6024430).

Questions about GREATER KANAWHA VALLEY FOUNDATION

What is the EIN of GREATER KANAWHA VALLEY FOUNDATION?
The employer identification number (EIN) of GREATER KANAWHA VALLEY FOUNDATION is 55-6024430.
Is GREATER KANAWHA VALLEY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
Are donations to GREATER KANAWHA VALLEY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GREATER KANAWHA VALLEY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GREATER KANAWHA VALLEY FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GREATER KANAWHA VALLEY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of GREATER KANAWHA VALLEY FOUNDATION?
The 990 for the year ended December 31, 2024 names MICHELLE FOSTER.
Who are the officers and directors of GREATER KANAWHA VALLEY FOUNDATION?
The 990 for the year ended December 31, 2024 lists 15 people; 2 received compensation from the organization, the highest $235,936 (MICHELLE FOSTER, PRESIDENT AND CEO).
How much revenue does GREATER KANAWHA VALLEY FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $23,071,613, expenses of $19,479,952 and total assets of $348,418,905 at year end.

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