Funder DirectoryBassett Furniture Industries Foundation Inc
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Private foundation (trust)EIN 541652381Est. 1993-02

Bassett Furniture Industries Foundation Inc

Bassett, VA 24055

Total Assets

$1.4M

FY 2022

Annual Giving

$123K

FY 2022

Grants Made

9

FY 2022

Avg Grant

$14K

FY 2022

Grant Range

$3K–$25K

Typical

Deadlines

Applications

Financial Snapshot

2022 filing

Total Revenue

$35K

Total Expenses

$131K

Qualifying Distributions

$123K

Distributable Amount

$51K

Min. Investment Return

$51K

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

9 grants

Grant sizes from minimum $3K through median $10K to maximum $25K, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Giving Over Time

3 years

Giving over time from 2020 to 2022. Peak $250K in 2021. Hover bars for details.

Total dollars recorded per filing year. Scale adjusts to the foundation's range.

Top Recipients

31 grants

HopeCo
$100K
2 grants
United Way of Henry County & Martinsville
$75K
3 grants
Rooster Walk Inc
$65K
3 grants
Home Furnishings Hall of Fame
$50K
1 grant
Henry County Furniture Museum
$40K
3 grants
Virginia Foundation for Independent Colleges
$30K
3 grants
Trinity Episcopal School
$30K
1 grant
Piedmont Arts Association
$20K
2 grants

Grant Size Distribution

31 grants

<$10K
20
grants
$10–50K
10
grants
$50–250K
1
grants
$250K–1M
$1–5M
$5M+

Geographic Focus

3 states

Virginia
$368K
81% of total
North Carolina
$85K
19% of total
District of Columbia
$3K
1% of total

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