E Stuart James Grant Charitable Tr is located in Danville, VA. The organization was established in 1992. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. E Stuart James Grant Charitable Tr is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, E Stuart James Grant Charitable Tr generated $1.3m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.6%) each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, E Stuart James Grant Charitable Tr has awarded 163 individual grants totaling $22,816,217. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $71,543 |
Dividends & Interest | $995,304 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $249,334 |
Capital Gain Net Income | $249,334 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $6,363 |
Total Revenue | $1,322,544 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $329,856 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $21,528 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $26,338 |
Total operating and administrative expenses | $381,922 |
Contributions, gifts, grants paid | $2,219,350 |
Total expenses and disbursements | $2,601,272 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,318,815 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $0 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $0 |
Total assets | $31,257,870 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $0 |
Over the last fiscal year, E Stuart James Grant Charitable Tr has awarded $2,619,350 in support to 19 organizations.
Grant Recipient | Amount |
---|---|
AVERETT UNIVERSITY PURPOSE: $400,000 DEBT REDUCTION (1ST YEAR OF 3 YEAR PLEDGE) | $400,000 |
HARGRAVE MILITARY ACADEMY PURPOSE: $600,000 BARRACKS RENOVATION, INFRASTRUCTURE UPGRADES AND FACILTY IMPROVEMENTS (1ST OF 5 YR PLEDGE); $100,000 UNDESIGNATED SUPPORT | $700,000 |
LIONS CLUB FOUNDATION PURPOSE: $80,000 DANVILLE SPEECH & HEARING FOR SPEECH PATHOLOGIST AND SCHOLARSHIPS; $50,000 COMMUNITY IMPROVEMNT COUNCIL5 FOR HEAD START PLAYGROUD EQUIPMENT AND FENCING; $20,000 UNDESIGNATED | $150,000 |
KIWANIS FOUNDATION PURPOSE: $30,000 BOYS & GIRLS CLUB; $50,000 DANVILLE SCIENCE CENTER NEW FILMS, EXHIBITS & EQUIPMENT;$20,000 UNDESIGNATED SUPPORT | $100,000 |
UNIVERSITY OF VIRGINIA PURPOSE: $150,000 COLLEGE ADVISING CORPS; $100,000 SORENSEN INSTITUTE; $50,000 UNDESIGNATED | $300,000 |
THE HATCHER CENTER (THE ARC) PURPOSE: $50,000 PURCHASE OF ELECTRIC HEALTH RECORDS PROGRAM; $50,000 ROOF REPLACEMENT TO ARTISANS BUILDING; $20,000 UNDESIGNATED SUPPORT | $120,000 |