Overview
What is Wellspring Foundation Of Southwest Virginia?
The Wellspring Foundation of Southwest Virginia is a nonprofit organization based in Abingdon, Virginia. Established for charitable and educational purposes, the Foundation focuses on addressing the healthcare, wellness, economic, and educational needs within the communities it serves. By managing and administering assets specifically for these causes, the organization seeks to make a significant impact both directly and indirectly, through contributions to other organizations. With a team of three dedicated individuals, the Wellspring Foundation of Southwest Virginia is committed to enhancing the quality of life for people in Southwest Virginia.
Is Wellspring Foundation Of Southwest Virginia legitimate?
Wellspring Foundation Of Southwest Virginia is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wellspring Foundation Of Southwest Virginia submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $135,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $28,080
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Mission Statement of Wellspring Foundation Of Southwest Virginia
Wellspring Foundation of Southwest Virginia is a charitable organization with a mission to receive, maintain, and administer assets exclusively for the benefit of communities in need, particularly in areas of recognizable and unmet healthcare, wellness, economic, and educational requirements. The organization is dedicated to using its income and principal to support these causes directly or indirectly through contributions to other organizations.
In simple terms, the Wellspring Foundation of Southwest Virginia is committed to making a difference in the lives of those who are facing challenges in various aspects of their lives. By focusing on the healthcare, wellness, economic, and educational needs of the communities it serves, the organization aims to improve living conditions and create opportunities for individuals to thrive. Through the use of its financial resources, the Wellspring Foundation is able to make a significant impact, whether by providing direct assistance or by partnering with other organizations to amplify its reach. Ultimately, the foundation's goal is to enhance the overall wellbeing of the communities it serves and contribute to a better future for all.
Impact
This information is meant to be a general summary of Wellspring Foundation Of Southwest Virginia. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Wellspring Foundation of Southwest Virginia's impact can be seen in its dedication to addressing the recognizable and unmet healthcare, wellness, economic, and educational needs of the communities it serves in Southwest Virginia. By providing funding to healthcare organizations throughout the region, Wellspring Foundation plays a vital role in improving access to healthcare services and promoting overall well-being in the community. Their efforts directly contribute to enhancing the quality of life for residents in Southwest Virginia, making a tangible difference in the lives of those in need.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2021
Principal Officer
William Hayter
Main Address
851 FRENCH MOORE JR BLVD STE 100, ABINGDON, VA, 24210
NTEE Category
Code: E11 - Health
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