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Also known as: FOUNDATION INC
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J Alfred & Maxine F Poe Foundation Inc. is a private corporation based in CHARLESTON, WV. The foundation received its IRS ruling in 2014. The principal officer is William M Ellis Jr. It holds total assets of $2M. Annual income is reported at $236K. The foundation is governed by 2 officers and trustees. Annual contributions to 4 in-state institutions for the purpose of providing scholarships. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in West Virginia. According to available records, J Alfred & Maxine F Poe Foundation Inc. has made 15 grants totaling $319K, with a median grant of $21K. Annual giving has decreased from $85K in 2020 to $64K in 2023. Grantmaking activity was highest in 2022 with $170K distributed across 8 grants. The foundation has supported 4 unique organizations. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$21K
Median Grant
$21K
Average Grant
$21K
Largest Grant
$21K
Based on 4 grants from the most recent 990-PF filing.
Annual contributions to 3 in-state institutions for the purpose of providing scholarships.
Expenses: $64K
Annual contributions to 4 in-state institutions for the purpose of providing scholarships. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in WV.
J Alfred & Maxine F Poe Foundation Inc. has distributed a total of $319K across 15 grants. The median grant size is $21K, with an average of $21K. Individual grants have ranged from $21K to $21K.
J Alfred & Maxine F Poe Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
J Alfred & Maxine F Poe Foundation Inc. is headquartered in CHARLESTON, WV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Brian Wadsworth | SECRETARY/TR | $0 | $0 | N/A |
| Robert V Berthold Jr | VICE-PRESIDE | $0 | $0 | N/A |
Total Giving
$78K
Total Assets
$1.8M
Fair Market Value
$1.8M
Net Worth
$1.8M
Grants Paid
$64K
Contributions
N/A
Net Investment Income
$88K
Distribution Amount
$86K
Total: $1.8M
Total Grants
15
Total Giving
$319K
Average Grant
$21K
Median Grant
$21K
Unique Recipients
4
Most Common Grant
$21K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Concord UniversitySCHOLARSHIPS | Athens, WV | $21K | 2023 |
| Wv Wesleyan CollegeSCHOLARSHIPS | Buckhannon, WV | $21K | 2023 |
| Davis & Elkins CollegeSCHOLARSHIPS | Elkins, WV | $21K | 2023 |
| Alderson Broaddus UniversitySCHOLARSHIPS | Phillipi, WV | $21K | 2022 |
HUNTINGTON, WV
PRINCETON, WV
MARTINSBURG, WV