THE GREATER KANAWHA VALLEY FOUNDATION

Address
PO BOX 3041
CHARLESTON, WV 25331
Contact
Website: http://www.tgkvf.org
Phone: +1 (304) 346-3620
Nonprofit
NTEE: T31 - Community Foundations
EIN: 55-6024430

Mission

THE GREATER KANAWHA VALLEY FOUNDATION MAKES THOUGHFUL AND PROACTIVE INVESTMENTS THAT GROW THE MULTIPLE FORMS OF WEALTH NECESSARY FOR OUR COMMUNITY TO THRIVE. THESE FORMS OF WEALTH INCLUDE THE INDIVIDUAL, INTELLECTUAL, SOCIAL, POLITICAL, NATURAL, BUILT AND FINANCIAL ASSETS WITHIN OUR COMMUNITY.
 20162015201420132012
Basic features of the organization
Year of formation1962
Subsection code03
PF filing required0    
Metropolitan statistical area1480.0
Form of organization
TrustTrue
Human resources, including compensation
Summary compensation info
Total compensation of current key personnel$307,543.00$323,124.00$327,863.00$307,218.00$295,668.00
Sum of reportable (W2/1099) compensation$275,451.00$271,315.00$276,507.00$263,340.00$250,800.00
Number of employees1311111113
Number of people compensated >$100k12222
Number of volunteers0100100100100
Number of highly compensated contractors0000 
Personnel
103116, Patricia
TitleCHIEF FINANCIAL OFFICER    
Name of key/compensated personPATRICIA MAJIC 11 - 103116    
Position of compensated person
Current officerTrue    
Average hours per week working for org40.00    
Reportable compensation from org$82,532.00    
Other comp, non-reportable, from org and related orgs$18,841.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
123116, John
TitleCHIEF FINANCIAL OFFICER    
Name of key/compensated personJOHN BARRY 111 - 123116    
Position of compensated person
Current officerTrue    
Average hours per week working for org40.00    
Reportable compensation from org$18,333.00    
Other comp, non-reportable, from org and related orgs$2,875.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Armbrecht, Ted
TitleTRUSTEETRUSTEE   
Name of key/compensated personTED ARMBRECHT IIITED ARMBRECHT III   
Position of compensated person
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Basile, Susan
Title  SECRETARYSECRETARYSECRETARY
Name of key/compensated person  SUSAN BASILESUSAN BASILESUSAN BASILE
Position of compensated person
Current officer  TrueTrueTrue
Average hours per week working for org  1.001.001.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Carpenter, Dayton
Title TRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated person DAYTON CARPENTERDAYTON CARPENTERDAYTON CARPENTERDAYTON CARPENTER
Position of compensated person
Average hours per week working for org 1.001.001.001.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Castle, Jason
TitleTRUSTEE    
Name of key/compensated personDR JASON CASTLE    
Position of compensated person
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Ceperley, Rebecca
Title PRESIDENT AND CEOPRESIDENT AND CEOPRESIDENT AND CEOPRESIDENT AND CEO
Name of key/compensated person REBECCA C CEPERLEYREBECCA C CEPERLEYREBECCA C CEPERLEYREBECCA C CEPERLEY
Position of compensated person
Current officer TrueTrueTrueTrue
Average hours per week working for org 40.0040.0040.001.00
Reportable compensation from org $154,626.00$165,375.00$157,500.00$150,000.00
Other comp, non-reportable, from org and related orgs $27,299.00$30,492.00$26,017.00$26,731.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Chilton, Nelle
Title  CHAIRMANCHAIRMANVICE CHAIRMAN
Name of key/compensated person  NELLE CHILTONNELLE CHILTONNELLE CHILTON
Position of compensated person
Current officer  TrueTrueTrue
Average hours per week working for org  1.001.001.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Easton, Michelle
TitleTRUSTEETRUSTEE   
Name of key/compensated personMICHELLE R EASTONMICHELLE R EASTON   
Position of compensated person
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Foster, Michelle
TitlePRESIDENT AND CEO    
Name of key/compensated personMICHELLE FOSTER    
Position of compensated person
Current officerTrue    
Average hours per week working for org40.00    
Reportable compensation from org$174,586.00    
Other comp, non-reportable, from org and related orgs$10,377.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Harmon, Henry
Title   TRUSTEETRUSTEE
Name of key/compensated person   HENRY HARMONHENRY HARMON
Position of compensated person
Average hours per week working for org   1.001.00
Reportable compensation from org   $0.00$0.00
Other comp, non-reportable, from org and related orgs   $0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs    $0.00$0.00
Hussell, Monika
Title  TRUSTEETRUSTEETRUSTEE
Name of key/compensated person  MONIKA HUSSELLMONIKA HUSSELLMONIKA HUSSELL
Position of compensated person
Average hours per week working for org  1.001.001.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Jaensson, Monika
TitleTRUSTEETRUSTEE   
Name of key/compensated personMONIKA JAENSSONMONIKA JAENSSON   
Position of compensated person
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Jones, Melvin
TitleCHAIRMANCHAIRMANVICE CHAIRMANVICE CHAIRMANTRUSTEE
Name of key/compensated personMELVIN JONESMELVIN JONESMELVIN JONESMELVIN JONESMELVIN JONES
Position of compensated person
Current officerTrueTrueTrueTrue 
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Kahn, Jamal
Title TRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated person DR JAMAL KAHNDR JAMAL KAHNDR JAMAL KAHNDR JAMAL KAHN
Position of compensated person
Average hours per week working for org 1.001.001.001.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Loeb, Charles
TitleVICE CHAIRMANVICE CHAIRMANTRUSTEETRUSTEE 
Name of key/compensated personCHARLES W LOEB JRCHARLES W LOEB JRCHARLES W LOEB JRCHARLES W LOEB JR 
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org1.001.001.001.00 
Reportable compensation from org$0.00$0.00$0.00$0.00 
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00 
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00 
Majic, Patricia
Title CHIEF FINANCIAL OFFICERCHIEF FINANCIAL OFFICERCHIEF FINANCIAL OFFICERCHIEF FINANCIAL OFFICER
Name of key/compensated person PATRICIA MAJICPATRICIA MAJICPATRICIA MAJICPATRICIA MAJIC
Position of compensated person
Current officer TrueTrueTrueTrue
Average hours per week working for org 40.0040.0040.001.00
Reportable compensation from org $116,689.00$111,132.00$105,840.00$100,800.00
Other comp, non-reportable, from org and related orgs $24,510.00$20,864.00$17,861.00$18,136.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Mayberry, Sean
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personSEAN MAYBERRYSEAN MAYBERRYSEAN MAYBERRYSEAN MAYBERRYSEAN MAYBERRY
Position of compensated person
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Mount, Todd
TitleSECRETARYSECRETARYTRUSTEE  
Name of key/compensated personTODD MOUNTTODD MOUNTTODD MOUNT  
Position of compensated person
Current officerTrueTrue   
Average hours per week working for org1.001.001.00  
Reportable compensation from org$0.00$0.00$0.00  
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00  
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00  
Orders, Robert
TitleTRUSTEE    
Name of key/compensated personROBERT O ORDERS    
Position of compensated person
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Orders, Tobert
Title TRUSTEE   
Name of key/compensated person TOBERT O ORDERS   
Position of compensated person
Average hours per week working for org 1.00   
Reportable compensation from org $0.00   
Other comp, non-reportable, from org and related orgs $0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00   
Potesta, Ronald
Title  TRUSTEETRUSTEECHAIRMAN
Name of key/compensated person  RONALD POTESTARONALD POTESTARONALD POTESTA
Position of compensated person
Current officer    True
Average hours per week working for org  1.001.001.00
Reportable compensation from org  $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs  $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs   $0.00$0.00$0.00
Shumate, Susan
TitleTRUSTEETRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated personSUSAN SHUMATESUSAN SHUMATESUSAN SHUMATESUSAN SHUMATESUSAN SHUMATE
Position of compensated person
Average hours per week working for org1.001.001.001.001.00
Reportable compensation from org$0.00$0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00$0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00$0.00$0.00$0.00
Stallard, Troy
Title TRUSTEETRUSTEETRUSTEETRUSTEE
Name of key/compensated person TROY STALLARDTROY STALLARDTROY STALLARDTROY STALLARD
Position of compensated person
Average hours per week working for org 1.001.001.001.00
Reportable compensation from org $0.00$0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs $0.00$0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs  $0.00$0.00$0.00$0.00
Standish, Arthur
Title    TRUSTEE
Name of key/compensated person    ARTHUR STANDISH
Position of compensated person
Average hours per week working for org    1.00
Reportable compensation from org    $0.00
Other comp, non-reportable, from org and related orgs    $0.00
Corresponding comp from related orgs
Reportable compensation from related orgs     $0.00
Sullivan, Debra
TitleTRUSTEETRUSTEE   
Name of key/compensated personDEBRA SULLIVANDEBRA SULLIVAN   
Position of compensated person
Average hours per week working for org1.001.00   
Reportable compensation from org$0.00$0.00   
Other comp, non-reportable, from org and related orgs$0.00$0.00   
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00$0.00   
Thomas, Sandra
TitleTRUSTEE    
Name of key/compensated personSANDRA THOMAS    
Position of compensated person
Average hours per week working for org1.00    
Reportable compensation from org$0.00    
Other comp, non-reportable, from org and related orgs$0.00    
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00    
Tissue, Phillip
TitleTRUSTEE TRUSTEETRUSTEETRUSTEE
Name of key/compensated personPHILLIP J TISSUE PHILLIP TISSUEPHILLIP TISSUEPHILLIP TISSUE
Position of compensated person
Average hours per week working for org1.00 1.001.001.00
Reportable compensation from org$0.00 $0.00$0.00$0.00
Other comp, non-reportable, from org and related orgs$0.00 $0.00$0.00$0.00
Corresponding comp from related orgs
Reportable compensation from related orgs $0.00 $0.00$0.00$0.00
Purpose: mission, activities, & accomplishments
Mission or significant activitiesTHE GREATER KANAWHA VALLEY FOUNDATION MAKES THOUGHFUL AND PROACTIVE INVESTMENTS THAT GROW THE MULTIPLE FORMS OF WEALTH NECESSARY FOR OUR COMMUNITY TO THRIVE. THESE FORMS OF WEALTH INCLUDE THE INDIVIDUAL, INTELLECTUAL, SOCIAL, POLITICAL, NATURAL, BUILT AND FINANCIAL ASSETS WITHIN OUR COMMUNITY.THE GREATER KANAWHA VALLEY FOUNDATION MAKES THOUGHFUL AND PROACTIVE INVESTMENTS THAT GROW THE MULTIPLE FORMS OF WEALTH NECESSARY FOR OUR COMMUNITY TO THRIVE. THESE FORMS OF WEALTH INCLUDE THE INDIVIDUAL, INTELLECTUAL, SOCIAL, POLITICAL, NATURAL, BUILT AND FINANCIAL ASSETS WITHIN OUR COMMUNITY.THE MISSION OF THE GREATER KANAWHA VALLEY FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE AND PROMOTE PHILANTHROPY.THE MISSION OF THE GREATER KANAWHA VALLEY FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE AND PROMOTE PHILANTHROPY.THE MISSION OF THE GREATER KANAWHA VALLEY FOUNDATION IS TO IMPROVE THE QUALITY OF LIFE AND PROMOTE PHILANTHROPY.
Program service expenses, total$5,377,337.00$4,631,306.00$4,787,282.00$4,637,936.00$5,824,940.00
Programs, including revenue & expenses
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.
Program expenses$5,377,337.00$4,631,306.00$4,787,282.00$4,637,936.00$5,824,940.00
Grants and allocations made$5,124,271.00$4,583,187.00$4,375,070.00$4,162,304.00$5,397,814.00
Program descriptionTHIS 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.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.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.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.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.
Financial data
Revenue
Total revenue$3,478,396.00$7,751,831.00$19,721,238.00$14,883,819.00$5,133,487.00
Revenue from contributions (total)$80,407.00$2,673,098.00$10,545,628.00$10,246,866.00$2,070,601.00
Revenue from noncash contributions  $5,799,431.00 $125,000.00
Investment income, current yr$3,391,133.00$5,066,592.00$9,156,329.00$4,620,278.00$3,047,035.00
Total revenue from grants, etc., current yr$80,407.00$2,673,098.00$10,545,628.00$10,246,866.00$2,070,601.00
Total unrelated business revenue$0.00$0.00$0.00$0.00$0.00
Other revenue, current yr$6,856.00$12,141.00$19,281.00$16,675.00$15,851.00
Net unrelated business taxable revenue$0.00$0.00$0.00$0.00$0.00
Program service revenue (total) $0.00$0.00$0.00$0.00
Gross receipts$3,478,396.00$7,751,831.00$19,721,238.00$14,883,819.00$5,775,702.00
Sources of contributions
Revenue from all other contributions$80,407.00$2,673,098.00$10,545,628.00$10,246,866.00$2,070,601.00
Other types of revenue
Miscellaneous revenue (total)$6,856.00$12,141.00$19,281.00$16,675.00$15,851.00
Income from dividends, interest, and similar investments$2,823,296.00$3,229,584.00$3,495,001.00$2,191,851.00$3,689,250.00
Net rental income $0.00$0.00$0.00$0.00
Expense categories (totals)
Total functional expenses: sum of all$6,456,803.00$5,728,018.00$5,746,643.00$5,559,950.00$6,721,612.00
Total functional expenses: program service $5,377,337.00$4,631,306.00$4,787,282.00$4,637,936.00$5,824,940.00
Total functional expenses: management and general$945,562.00$982,163.00$843,712.00$797,939.00$762,137.00
Total functional expenses: fundraising$133,904.00$114,549.00$115,649.00$124,075.00$134,535.00
Fees for services
Legal fees (total)$33,906.00$38,651.00$36,096.00$44,261.00$42,000.00
Fundraising service fees (total)$0.00$0.00$0.00$0.00$0.00
Investment management fees (total)$88,155.00$93,275.00$87,093.00$84,543.00$82,918.00
Assets and liabilities
Total assets$223,976,994.00$215,501,377.00$224,337,761.00$217,337,269.00$192,410,442.00
Total assets, beginning of year$215,501,377.00$224,337,761.00$217,337,269.00$192,410,442.00$125,212,653.00
Total liabilities$6,958,504.00$6,710,298.00$6,128,087.00$5,600,949.00$5,174,438.00
Total liabilities, beginning of year$6,710,298.00$6,128,087.00$5,600,949.00$5,174,438.00$4,305,165.00
Unrestricted net assets, end of yr$215,137,192.00$206,926,425.00$215,953,115.00$211,567,658.00$187,074,154.00
Temporarily restricted net assets$1,881,298.00$1,864,654.00$2,256,559.00$168,662.00$161,850.00
Net assets$217,018,490.00$208,791,079.00$218,209,674.00$211,736,320.00$187,236,004.00
Net assets, beginning of year$208,791,079.00$218,209,674.00$211,736,320.00$187,236,004.00$120,907,488.00
Other liabilities$5,985,214.00$5,617,222.00$4,941,793.00$4,121,444.00$3,472,071.00
Other assets$96,182,044.00$87,184,466.00$90,230,394.00$99,087,072.00$84,941,043.00
Investments: publicly traded securities$113,585,466.00$117,852,670.00$119,534,672.00$110,898,641.00$102,707,823.00
Grants payable$921,760.00$1,038,849.00$1,164,889.00$1,471,116.00$1,678,092.00
Other financial variables
Revenue less expenses-$2,978,407.00$2,023,813.00$13,974,595.00$9,323,869.00-$1,588,125.00
Savings & temp cash investment$14,105,543.00$10,400,441.00$14,502,246.00$7,316,630.00$4,738,206.00
Accounts receivable, net$36,350.00    
Prepaid expenses & deferred charges$61,884.00$11,890.00$12,335.00$10,609.00$7,920.00
Accounts payable & accrued expenses$51,530.00$54,227.00$21,405.00$8,389.00$17,647.00
Deferred revenue    $6,628.00
Total net assets or fund balances$217,018,490.00$208,791,079.00$218,209,674.00$211,736,320.00$187,236,004.00
Depreciation, depletion, amortization$6,203.00$6,203.00$6,203.00$3,350.00$4,494.00
Governance and accountability
Number of voting members1313131313
Number of independent voting members1313131313
Financial sheets auditedTrueTrueTrueTrueTrue
Audit on consolidated basisTrueTrueTrueTrueTrue
Accrual accountingTrueTrueTrueTrueTrue
Tax year start date2016-01-012015-01-012014-01-012013-01-012012-01-01
Tax year end date2016-12-012015-12-012014-12-012013-12-012012-12-01
Has local chaptersTrueTrueTrueTrueTrue
Indicators for schedules (selected)
Grants to domestic org/gov't >$5kTrueTrueTrueTrueTrue
Metadata about the filing
E-return type: 990, 990EZ, or 990PF990990990990990
Date e-filing submitted2018-01-192017-03-292016-02-182014-12-092013-12-12
IRS schema version2016v3.02015v2.12014v5.02013v3.02012v2.1
Filing identifier201713189349306301201623169349301922201533209349307463201423179349301252201303169349304950
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