EIN 82-1696207

The Cherry River Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Richwood
Year formed
2019
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Cherry River Foundation operates as a nonprofit corporation with the mission of being a platform for all people to create a lasting impact in their community through charitable purposes, including the distribution of grants and scholarships. In particular, it provides grant funds to organizations that serve the greater Richwood area and scholarships to students of Richwood High School through an application process. The foundation also distributes grants to other nonprofits in order to help them fulfill the needs of the community and determine project reasoning.
Total revenues
$160,666
2023
Total expenses
$38,640
2023
Total assets
$1,198,057
2023
Num. employees
0
2023

Program areas at The Cherry River Foundation

Our organization will provide grant funds to organizations that serve The greater richwood area as well as scholarships to students of richwood high school. A grant application will be utilized to award grant funds, this will involve understanding The project, The need for The project, budget and impact on The community. Shcolarships will be awarded based on The criterial set up by each donor for their scholarship. Common factors are gpa, act/sat scores, extracurricular activities, community service, work experience and recommendation.
The organization renovated alumni hall and The community center to serve The community of richwood. These are available to rent for various social functions.
The Cherry River Foundation will distribute grants to other nonprofits to help them serve The needs of The community. Grants and scholarships will be awarded through an application. Organizations will submit a project or need and discuss The reasoning and benefits of The project as well as a budget for The project.

Who funds The Cherry River Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Tamarack FoundationOpen Air Richwood Plein Air Competition & Artify Richwood$10,000

Personnel at The Cherry River Foundation

NameTitleCompensation
Cory ChambersPresident$0
Ryan BennettTreasurer$0
Denise TaylorSecretary$0
Ian GladwellTreasurer$0
Chuck ToussiengVice - President$0

Financials for The Cherry River Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$35,264
Program services$14,957
Investment income and dividends$26,255
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$84,190
Total revenues$160,666

Form 990s for The Cherry River Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-16990View PDF
2021-122022-11-15990View PDF
2020-122021-11-15990View PDF
2019-122021-11-15990View PDF

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Data update history
January 7, 2024
Posted financials
Added Form 990 for fiscal year 2022
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2020
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2019
July 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 5, 2023
Updated personnel
Identified 1 new personnel
Nonprofit Types
Grantmaking organizationsCorporate foundationsCommunity foundationsCharities
Issues
EducationCommunity improvement
Characteristics
Provides grantsState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
PO Box 15
Richwood, WV 26261
County
Nicholas County, WV
Website URL
thecherryriverfoundation.org/ 
Phone
(304) 651-8453
IRS details
EIN
82-1696207
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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