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Thomas Balch Library Endowment Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 832849666 ✦ Leesburg, VA ✦ Designated as a 501(c)(3)

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Overview

What is Thomas Balch Library Endowment Foundation?

The Thomas Balch Library Endowment Foundation is a nonprofit organization based in Leesburg, Virginia. Its primary mission is to support the Thomas Balch Library, providing financial assistance for the expansion of library programs, offering grants to education institutions, researchers, and speakers, and funding purchases and repairs when necessary. The foundation's activities are guided by the board's discretion, aiming to contribute positively to the library's growth and development.


Official website here: www.leesburgva.gov/departments/thomas-

Is Thomas Balch Library Endowment Foundation legitimate?

Thomas Balch Library Endowment Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thomas Balch Library Endowment Foundation 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.leesburgva.gov/departments/thomas-

What is the mission statement of Thomas Balch Library Endowment Foundation?

The Thomas Balch Library Endowment Foundation's mission is centered around supporting the Thomas Balch Library in Virginia. The foundation has the discretion to provide financial aid for the expansion of library programs, offer grants to educators, researchers, and speakers, and cover purchases and repair costs. In essence, their role is to contribute to the enrichment and growth of the library and related educational initiatives.


Official website here: www.leesburgva.gov/departments/thomas-

Who is the CEO of Thomas Balch Library Endowment Foundation?

Thomas D Horne is the President of Thomas Balch Library Endowment Foundation.


Official website here: www.leesburgva.gov/departments/thomas-

What is the revenue of Thomas Balch Library Endowment Foundation?

Thomas Balch Library Endowment Foundation's revenue in 2022 was $64,810.


Official website here: www.leesburgva.gov/departments/thomas-

Who are the executives of Thomas Balch Library Endowment Foundation and what are their salaries?

There 5 volunteers at Thomas Balch Library Endowment Foundation.


Here are 5 key members and their salaries:


Thomas D Horne (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexandra S Gressitt (Secretary-Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
James H Hershman Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith C Troxell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald A Rust (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.leesburgva.gov/departments/thomas-

Where can I find the form 990 for Thomas Balch Library Endowment Foundation?

Thomas Balch Library Endowment Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.leesburgva.gov/departments/thomas-

Learn more at the official website: www.leesburgva.gov/departments/thomas-

Mission Statement of Thomas Balch Library Endowment Foundation

The Thomas Balch Library Endowment Foundation, established with the intention of supporting the Thomas Balch Library, holds the discretion to provide financial assistance for the expansion of library programs. In addition to this, the foundation offers grants to educators, researchers, and speakers, as well as funds for purchases and repairs to enhance the library's resources and facilities. The primary goal of the Thomas Balch Library Endowment Foundation is to bolster the library's capabilities and services, thereby contributing to the broader educational and informational needs of its users.

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Impact




October, 2024

The Thomas Balch Library Endowment Foundation significantly impacts the community by enhancing the offerings and reach of the Thomas Balch Library in Leesburg, Virginia. By providing financial support for the expansion of library programs, the foundation ensures that the library can host a diverse array of educational initiatives that benefit local residents.

Additionally, the foundation grants funds to educators, researchers, and speakers, fostering an environment of learning and inquiry. This support not only enriches the library's resources but also attracts knowledgeable individuals who can share their expertise with the community.

Through its investment in the preservation and enhancement of library facilities, the foundation enables necessary purchases and repairs, ensuring that the library is a vibrant and functional space for learning. Overall, the Thomas Balch Library Endowment Foundation plays a crucial role in elevating the educational landscape and cultural breadth of the community, providing access to resources that promote knowledge and growth.




This information is meant to be a general summary of Thomas Balch Library Endowment Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$64,810 (2022)
Expenses
$30,169 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $31,791
  • Gross Receipts: $215,837

Assets and Liabilities:

  • Total Assets: $1,104,717
  • Total Liabilities: $0
  • Net Assets: $1,104,717

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Organization Details

Founding Year

2015

Principal Officer

Thomas D Horne

Main Address

208 W MARKET STREET, LEESBURG, VA, 20176

NTEE Category

Code: B11 - Education

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