WHEELING, WV

George F Rolf Residual Trust

Quick Facts

EIN: 556069320
Location: WHEELING, WV
Phone: (304) 234-9400
Category: General
Total Assets: $1M
Annual Income: $192K
IRS Ruling Year: 1992
Organization Type: Non-Operating Foundation
Principal Officer: % Wesbanco Bank
Tax Deductibility: Contributions are deductible

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About This Foundation

George F Rolf Residual Trust is a private trust based in WHEELING, WV. The foundation received its IRS ruling in 1992. The principal officer is % Wesbanco Bank. It holds total assets of $1M. Annual income is reported at $192K. WESBANCO BANK - MAINTAINING ACCURATE FINANCIAL RECORDS, CHARITABLE RECORDS FOR PUBLIC INSPECTION, AND FILING FORM 990-PF. According to available records, George F Rolf Residual Trust has made 16 grants totaling $258K, with a median grant of $17K. The foundation has distributed between $53K and $71K annually from 2020 to 2023. Individual grants have ranged from $13K to $18K, with an average award of $16K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.

Application Information

Preselected OnlyThis foundation typically selects grantees rather than accepting unsolicited proposals.

Programs & Activities

WESBANCO BANK - MAINTAINING ACCURATE FINANCIAL RECORDS, CHARITABLE RECORDS FOR PUBLIC INSPECTION, AND FILING FORM 990-PF

Expenses: $2K

Frequently Asked Questions

What does George F Rolf Residual Trust fund?

WESBANCO BANK - MAINTAINING ACCURATE FINANCIAL RECORDS, CHARITABLE RECORDS FOR PUBLIC INSPECTION, AND FILING FORM 990-PF. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in WV.

How much does George F Rolf Residual Trust give in grants?

George F Rolf Residual Trust has distributed a total of $258K across 16 grants. The median grant size is $17K, with an average of $16K. Individual grants have ranged from $13K to $18K.

How do I apply for a grant from George F Rolf Residual Trust?

George F Rolf Residual Trust typically selects its grantees rather than accepting unsolicited proposals.

Where is George F Rolf Residual Trust located?

George F Rolf Residual Trust is headquartered in WHEELING, WV.

990 Tax Filings

Year	Return Type	PDF
2023	990PF	View
2022	990PF	View
2021	990PF	View
2020	990PF

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GuideStar / Candid ProPublica Nonprofit Explorer IRS Tax Exempt Status

Financial Overview

Total Giving

$69K

2023+14%

Total Assets

$983K

2023-0%

Fair Market Value

$1.2M

2023

Net Worth

$983K

2023

Grants Paid

$64K

2023

Contributions

2023

Net Investment Income

$66K

2023

Distribution Amount

$57K

2023

Total Giving by Year

Asset Growth

Revenue Over Time

Liabilities Over Time

Expense Breakdown (2023)

Revenue Sources (2023)

Capital Gains (Net): $42K
Dividends: $27K

Financial Details (2023)

Total Revenue: $68K
Total Expenses: $69K
Exempt Purpose Expenses: $67K
Required Distribution: $57K
Undistributed Income: $31K
Total Liabilities: $1
Excise Tax: $916
Tax Due: $524

Foundation Classification (2023)

Operating FoundationNo

Grants to IndividualsNo

Non-Charity GrantsNo

Lobbying ActivityNo

Excess Business HoldingsNo

Grantmaking Insights

Total Grants

Total Giving

$258K

Average Grant

$16K

Median Grant

$17K

Unique Recipients

Most Common Grant

$18K

Grant Disbursements by Year

Grant Range

Min$13K

Max$18K

Median: $17K

Smallest grantLargest grant

Openness to New Grantees (2023)

of 2023 grantees were first-time recipients

Grant Size Distribution

Geographic Distribution of Grants

WV$258K (16)

Past Grantees

Recipient	Location	Amount	Year
Wheeling Hospital IncGENERAL USE / HEALTH	Wheeling, WV	$16K	2023
Wheeling Society For CrippledGENERAL USE / CRIPPLED	Wheeling, WV	$16K	2023
The Welty Home LcGENERAL USE / HEALTH	Wheeling, WV	$16K	2023
Wvu Foundation IncGENERAL USE / HIGHER	Morgantown, WV	$16K	2023