Elizabeth Ireland Graves Charitable Tr
- Assets
- $3.1m
- Revenue
- $54.9k
- Investments
- $3.1m
- Employees
- 0
- Location
- Bremo Bluff, VA
- Founding
- 12/1998
- Data as of
- 12/2021
- EIN
- 54-6421160
Organization Overview
Elizabeth Ireland Graves Charitable Tr is located in Bremo Bluff, VA. The organization was established in 1998. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Elizabeth Ireland Graves 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 12/2021, Elizabeth Ireland Graves Charitable Tr generated $54.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (32.7%) each year. All expenses for the organization totaled $170.7k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (40.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Elizabeth Ireland Graves Charitable Tr has awarded 69 individual grants totaling $307,565. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NO DIRECT CHARITABLE ACTIVITES ARE CONDUCTED. ALL GRANTS ARE MADE TO PUBLIC CHARITIES WHICH CONDUCT THEIR PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sayre O Graves Trustee | 0 | $0 | |
W A Winston Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $97 |
| Dividends & Interest | $62,451 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$7,694 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $54,854 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $170,715 |
| Total expenses and disbursements | $170,715 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,058 |
| Savings and temporary cash investments | $0 |
| 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 | $3,149,952 |
| 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 |
Grants Awarded
Over the last fiscal year, Elizabeth Ireland Graves Charitable Tr has awarded $170,715 in support to 35 organizations.
| Grant Recipient | Amount |
|---|---|
Amherst, VA PURPOSE: PURCHASE AND MAINTAIN CAMPUS IN AMHERST PREVIOUSLY LEASED FROM SWEET BRIAR COLLEGE | $80,000 |
GRACE EPISCOPAL CHURCH PURPOSE: OPERATING EXPENSES- REPLACE ROOF, LANDSCAPING | $15,715 |
THE ABBEVILLE INSTITUTE PURPOSE: UNRESTRICTED | $10,000 |
THE FEDERALIST SOCIETY PURPOSE: UNRESTRICTED | $10,000 |
Palmyra, VA PURPOSE: UNRESTRICTED | $5,000 |
BLUE RIDGE FOOD BANK PURPOSE: UNRESTRICTED | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trousdale Foundation Inc Cleveland, TN | $157,578,588 | $76,137,385 |
The United Methodist Retirement Homes Inc Durham, NC | $351,992,425 | $85,120,969 |
Msi-Us Washington, DC | $1,301,607 | $71,292,993 |
Peter Alfond Foundation Bethesda, MD | $78,752,550 | $129,307,233 |
Bhp Foundation Washington, DC | $309,092,778 | $68,102,954 |
Wyss Medical Foundation Inc Washington, DC | $41,278,790 | $827,503 |
Service Coordination Inc Frederick, MD | $19,156,790 | $52,158,150 |
Claws Foundation Reston, VA | $37,055,234 | $1,734,426 |
Dogwood Health Trust Asheville, NC | $1,386,374,836 | $630,200,598 |
J Willard And Alice S Marriott Foundation Bethesda, MD | $441,340,618 | $31,840,539 |
Jack Kent Cooke Foundation Lansdowne, VA | $883,502,508 | $42,942,790 |
Bainum Family Foundation Bethesda, MD | $0 | $60,288,788 |