West Virginia Symphony Orchestra Foundation Inc.
West Virginia Symphony Orchestra Foundation Inc.
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About this organization
Mission
The West Virginia Symphony Orchestra Foundation, Inc. (the foundation) is a supporting organization, incorporated solely to provide financial support to the West Virginia Symphony Orchestra, Inc. The foundation was established to manage permanently restricted endowment contributions (i.e., contributions intended by their donors to benefit the West Virginia Symphony Orchestra, Inc. in perpetuity) thereby providing financial assistance to the West Virginia Symphony Orchestra, Inc. through annual distributions based on a percentage of the net fair market value of the foundation's total endowment.
About
Provide support to the West Virginia Symphony Orchestra, Inc. in accordance with the foundation's statement of primary exempt purpose.
Interesting data from their 2020 990 filing
The purpose of the non-profit is outlined in the filing as “The west virginia symphony orchestra foundation, inc (the foundation) is a supporting organization, incorporated solely to provide financial support to the west virginia symphony orchestra, inc. the foundation was established to manage permanently restricted endowment contributions (i.e., contributions intended by their doners to benefit the west virginia symphony orchestra, inc. in perpetuity) thereby providing financial assistance to the west virginia symphony orchestra, inc. through annual distribution based on a percentage of the net fair market value of the foundations total endowment.”.
When detailing its duties, they were outlined as: “The west virginia symphony orchestra foundation, inc. (the foundation) is a supporting organization, incorporated soley to provide financial support to the west virginia symphony orchestra, inc. the foundation was established to manage permanently restricted endowment contributions (i.e., contributions intended by their donors to benefit the west virginia symphony orchestra, inc. in perpetuity) thereby providing financial assistance to the west virginia symphony orchestra, inc. through annual distributions based on a percentage of the net fair market value of the foundation's total endowment.”.
- The state where the non-profit operates has been legally reported as WV.
- The filing indicates that the non-profit's address in 2020 is located at PO BOX 2292, CHARLESTON, WV, 25328.
- The non-profit's form for the year 2020 reports a total of 0 employees on their payroll.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $730,918.
- The organization has 6 independent voting members.
- The organization was formed in 2006.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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