Public Charity

ALDERSON-BROADDUS ENDOWMENT CORPORATION

ALDERSON-BROADDUS ENDOWMENT CORPORATION, of SALEM, WV, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $269K in expenses. IRS filings disclose 1 grants awarded by this foundation, totaling roughly $14K.

EIN: 550652324 SALEM, WV Latest filing: 2025
Total Expenses$269K
Grants Given1
Grant Total$14K
Filing Years2021–2025

Mission

SUPPORT ALDERSON BROADDUS UNIVERSITY, INC

Where $100 goes at Alderson-Broaddus Endowment Corporation

How Alderson-Broaddus Endowment Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 10 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$50
Alderson broaddus endowment corp provides support to adlerson broaddus university through capital lease agreement
About 50% (cost not reported)
$50
Close out operations
50% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

PHILIPPI, WV · 2018
STUDENT SCHOLARSHIP
$14,344

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

PRESIDENT Karen Larry

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$14,344 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 — $269K —
2024 $-26.8M $81K $4.7M
2023 — — $34.9M
2022 $7K $470K $33.5M
2021 $1.1M $1.1M $33.5M

Between 2021 and 2024, reported annual revenue moved from $1.1M to $-26.8M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in WV.

WV

Full geographic grant map with state-by-state breakdown available with membership.

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