Coalfield Development Corporation
TO SOLVE THE PROBLEM OF GENERATIONAL POVERTY IN RURAL COMMUNITIES CAUSED BY EXTRACTIVE MONO-ECONOMIES THROUGH FOUR CORE CAPABILITIES: INCUBATION AND INVESTING IN EMPLOYMENT-BASED SOCIAL ENTERPRISE, FACILITATING PROFESSIONAL, PERSONAL, AND ACADEMIC DEBELOPMENT FOR PEOPLE FACING BARRIERS TO EMPLOYMENT,
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$35.3M
+40.1% YoY
Annual Giving
$836K
-73.6% YoY
Grant Count
14
-51.7% YoY
Avg Grant Size
$60K
-45.4% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,301,312 | $25,191,570 | $24,532,193 |
| Revenue | $23,383,753 | $11,631,513 | $14,692,090 |
| Expenses | $16,197,276 | $13,129,703 | $7,254,683 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $170,916 | $56,277 | $-34,636 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
84 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Coalfield Development Corporation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KENZIE NEW-WALKER | CHAIR | 1 | — |
| JOETTA HATFIELD | VICE CHAIR | 1 | — |
| CHASE THOMAS | SECRETARY | 1 | — |
| RIC MACDOWELL | TREASURER | 1 | — |
| PHIL GRANCHI | MEMBER | 1 | — |
| ANDREW DAWSON | MEMBER | 1 | — |
| TOMMY ADKINS | MEMBER | 1 | — |
| MARILYN MCCLURE-DEMERS | MEMBER | 1 | — |
| CLIFTON MOORE | MEMBER | 1 | — |
| ASHLEY PACK | MEMBER | 1 | — |
| LARRY CASTLE | PRESIDENT EM | 1 | — |
| BRANDON M DENNISON | EXECUTIVE DI | 40 | $86,413 |
| RYAN C STONER | CHIEF OPERAT | 40 | $69,351 |
| SAM SARCONE | CFO | 40 | $86,037 |
| MARILYN WRENN | CHIEF DEVELO | 40 | $85,123 |
| JACOB I HANNAH | CEO | 40 | $100,921 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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