PRINCETON, WV
Preservati Family Charitable Trust Foundation
Quick Facts
- EIN
- 266679325
- Location
- PRINCETON, WV
- Category
- Philanthropy & Grantmaking
- Total Assets
- $55M
- Annual Income
- $21.9M
- IRS Ruling Year
- 2009
- Organization Type
- Trust
- Principal Officer
- % Arnold D Lively Cpa
- Tax Deductibility
- Contributions are deductible
About This Foundation
Preservati Family Charitable Trust Foundation is a private trust based in PRINCETON, WV. The foundation received its IRS ruling in 2009. The principal officer is % Arnold D Lively Cpa. It holds total assets of $55M. Annual income is reported at $21.9M. The foundation operates in the area of philanthropy & grantmaking. Contributions to this foundation are tax-deductible.
View 990 FilingsFinancial Overview
Total Giving
$3.1M
2023+0%
Total Assets
$52.7M
2023+7%
Fair Market Value
$66.1M
2023
Net Worth
$52.7M
2023
Grants Paid
$2.9M
2023
Contributions
$2.9M
2023
Net Investment Income
$3.5M
2023
Distribution Amount
$2.9M
2023
Total Giving by Year
$400K
11$589K
12$560K
13$746K
14$951K
15$1.2M
19$2.3M
20$2.3M
21$3.1M
22$3.1M
23Asset Growth
$10.5M
11$10.2M
12$13.8M
13$15.9M
14$20.2M
15$27.7M
19$41.6M
20$47.4M
21$49M
22$52.7M
23Investment Portfolio (2023)
Total: $45.7M
Corporate Stock: $34.4M
Corporate Bonds: $6.7M
Government Obligations: $4.6M
Other Investments: $1.1M
Cash: $765K
Corporate Stock (72%)
Corporate Bonds (14%)
Government Obligations (10%)
Other Investments (2%)
Cash (2%)
Revenue Sources (2023)
- Contributions
- $2.9M
- Capital Gains (Net)
- $2.3M
- Dividends
- $1.4M
Financial Details (2023)
- Total Revenue
- $6.6M
- Total Expenses
- $3.1M
- Exempt Purpose Expenses
- $2.9M
- Required Distribution
- $2.9M
- Undistributed Income
- $2.9M
- Total Liabilities
- $1
- Excise Tax
- $49K
Foundation Classification (2023)
Operating FoundationGrants to IndividualsNon-Charity GrantsLobbying ActivityExcess Business Holdings
Grantmaking Insights
Total Grants
33
Total Giving
$5.8M
Average Grant
$176K
Median Grant
$50K
Total Giving by Year
$2.9M (21 grants)
22$2.9M (12 grants)
23Grant Range
Min$10K
Max$2.1M
Median: $50K
Smallest grantLargest grant
Openness to New Grantees (2023)
75%
of 2023 grantees were first-time recipients
Geographic Distribution of Grants
AK
ME
VT
NH
WA
ID
MT
ND
MN
WI
MI
NY
NY: $253K (1)
MA
CT
RI
OR
NV
WY
SD
IA
IL
IN
OH
PA
PA: $250K (1)
NJ
CA
UT
CO
NE
MO
KY
KY: $100K (1)
WV
WV: $2.7M (25)
VA
VA: $250K (1)
MD
DE
DC
AZ
NM
KS
AR
TN
NC
SC
OK
LA
MS
AL
GA
FL
FL: $2.2M (4)
HI
TX
WV$2.7M (25)
FL$2.2M (4)
NY$253K (1)
VA$250K (1)
PA$250K (1)
KY$100K (1)
Past Grantees
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Schwab CharitableDONOR ADVISED ACCOUNT | Orlando, FL | $2.1M | 2023 |
| Smile Train100% FREE CLEFT REPAIR SURGERY | New York, NY | $253K | 2023 |
| Operation Smile IncCLEFT PALATE SURGERY AND CARE | Virginia Beach, VA | $250K | 2023 |
| Sacred Heart Catholic Church MissioPURCHASE FOOD FOR FOOD PANTRY | Northfork, WV | $50K | 2023 |
| Catholic Charites Of WvTO OFFER HELP TO THOSE IN NEED | Princeton, WV | $50K | 2023 |
| Tender Mercies Ministry Of PctnPURCHASE FOOD FOR THOSE IN NEED | Princeton, WV | $50K | 2023 |
| Mcdowell County Commission Of AgingFUNDING FOR TRAINING & TECH CENTER | Welch, WV | $40K | 2023 |
| Warm A Heart Give A BedPROVIDE MEAKS AND CLOTHING FOR NEEDY | Princeton, WV | $25K | 2023 |
| Bluefield Union MissionSECURITY WINDOWS, FOOD CARTS & FOOD | Bluefield, WV | $25K | 2023 |
| Appalachian Teen ChallengeCONSTRUCTION OF MAINTENANCE FACILITY | Princeton, WV | $25K | 2023 |
| Green Valley-Glenwood VfdREPLACE FIRE PROTECTION GEAR | Princeton, WV | $25K | 2023 |
| Greenview United Methodist ChurchREPLACE ROOF ON FELLOWSHIP HALL | Princeton, WV | $25K | 2023 |
| Us Conference Of CatholicCONTRIBUTION | Wheeling, WV | $500K | 2022 |
| Diocese Of Wheeling-CharlestonCONTROBUTION | Nitro, WV | $400K | 2022 |
| Princeton Rescue Squad IncCONTRIBUTION | Princeton, WV | $300K | 2022 |
| Wv University FdnCONTRIBUTION | Morgantown, WV | $250K | 2022 |
| Childrens Hospital Pittsburg FoundationCONRIBUTION | Pittsburgh, PA | $250K | 2022 |
| James H Harless Fdn IncCONTRIBUTION | Gilbert, WV | $250K | 2022 |
| Childrens Home Society Of WvCONTRIBUTION | Charleston, WV | $150K | 2022 |
| Mcdowell County Comm On AgingCONTRIBUTION | Welch, WV | $150K | 2022 |
| Shriners Hospital For ChildrenCONTRIBUTION | Lexington, KY | $100K | 2022 |
| Jonathan Powell Hope FdnCONTRIBUTION | Princeton, WV | $100K | 2022 |
| Warm A Heart Give A BedCONTRIBUTION | Princeton, WV | $75K | 2022 |
| Catholic Charities Wv IncCONTRIBUTION | Princeton, WV | $50K | 2022 |
| Food For The Poor IncCONTRIBUTION | Coconut Creek, FL | $50K | 2022 |
| Tender Mercies MinistriesCONTRIBUTION | Princeton, WV | $50K | 2022 |
| Bob Bishop Mem ScholarshipCONTRIBUTION | Northfork, WV | $50K | 2022 |
| Appalachian Teen ChallengeCONTRIBUTION | Princeton, WV | $40K | 2022 |
| Vietnam Veterans Of America IncCONTRIBUTION | Princeton, WV | $33K | 2022 |
| Captiva Island Property Owners Assoc IncCONTRIBUTION | Captiva, FL | $25K | 2022 |
| Sacred Heart ChurchCONTRIBUTION | Northfork, WV | $25K | 2022 |
| Fish Of Sanibel-Captiva IncCONTRIBUTION | Sanibel, FL | $25K | 2022 |
| Bluefield Union MissionCONTRIBUTION | Bluefield, WV | $10K | 2022 |
990-PF Filings
| Tax Period | Return Type | View |
|---|---|---|
| 2023-12 | 990PF | View Filing |
| 2022-12 | 990PF | View Filing |
| 2021-12 | 990PF | View Filing |
| 2020-12 | 990PF | View Filing |
Filings sourced from IRS e-file index. View all on ProPublica
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