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The Greater Kanawha Valley Foundation

Charleston, WV · EIN 55-6024430 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Greater Kanawha Valley Foundation reported $23.1 million in revenue and $19.5 million in expenses for calendar year 2024. Of every $100 it spent, $88.66 went to program services, $10.10 to management and general costs and $1.24 to fundraising. Its largest source of revenue was investment income: 78.7% of the total. The highest compensation it reported for one person was $271,106 (PRESIDENT AND CEO). 2 people received more than $100,000 in reportable compensation. Revenue rose 48% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $19M

For context, the median across 1,001 covered philanthropy, voluntarism & grantmaking charities: $91.65 programs, $6.50 management, $1.85 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $23M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 1,001 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
88.7%90.2%
Management & general
Part IX 25(C) ÷ 25(A)
10.1%6.4%
Fundraising
Part IX 25(D) ÷ 25(A)
1.2%1.8%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.05$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
20.9%79.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.0%
Program service revenue share
Part VIII 2g ÷ 12
0.0%0.0%
Highest reported compensation
Part VII-A, columns D–F
$271,106$325,675
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.39%1.56%
People paid over $100,000
Part VII, line 2
23
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
208.456.6
Independent voting board members
Part VI 1a–1b
13 of 13100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$17M expenses · 100.0% of program spending · grants $16M

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

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Officer, 40.00 hrs/week
$235,936$0$35,170$271,106
CHIEF FINANCIAL OFFICER
Officer, 40.00 hrs/week
$161,100$0$27,231$188,331

2 people received more than $100,000 in reportable compensation from The Greater Kanawha Valley Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $459K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$23M$19M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$23M$19M88.7%$338M$271,106
2023 ⓘ$27M$17M88.5%$313M$259,630
2022 ⓘ$30M$16M88.7%$278M$245,834
2021 ⓘ$28M$15M90.5%$319M$228,217
2020 ⓘ$16M$17M91.6%$295M$227,702
2019 ⓘ$16M$14M89.9%$258M$225,251

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 13 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 516
  • Volunteers Part I, line 613

Private foundation grants it received

9 private foundations reported grants to The Greater Kanawha Valley Foundation totaling $646K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Greater Kanawha Valley Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Greater Kanawha Valley Foundation, you can publish a response that is linked from this page.

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Questions people ask

How much of The Greater Kanawha Valley Foundation's spending goes to programs?

In calendar year 2024, The Greater Kanawha Valley Foundation reported that 88.7% of its $19.5 million in expenses went to program services, 10.1% to management and general and 1.2% to fundraising (Form 990, Part IX).

How much does The Greater Kanawha Valley Foundation pay its top executive?

The largest total compensation The Greater Kanawha Valley Foundation reported for one person in calendar year 2024 was $271,106, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Greater Kanawha Valley Foundation get its money?

Of $23.1 million in revenue in calendar year 2024, 20.9% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is The Greater Kanawha Valley Foundation a registered charity?

The IRS lists EIN 55-6024430 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513189349304961 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202403179349303310 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313049349300841 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243189349313239 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202111339349301846 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202021969349302512 · read the filing

All filings for EIN 55-6024430: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.