Funder DirectoryIRVING AND JETT GROVES CHARITABLE FOUNDATION
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Private foundation (trust)EIN 541961867Est. 1999-12

IRVING AND JETT GROVES CHARITABLE FOUNDATION

MARTINSVILLE, VA 24112

Total Assets

$1.8M

FY 2023

Annual Giving

$3K

FY 2023

Grants Made

3

FY 2023

Avg Grant

$833

FY 2023

Grant Range

$500–$2K

Typical

Deadlines

Applications

Financial Snapshot

2023 filing

Total Revenue

$78K

Total Expenses

$22K

Qualifying Distributions

$4K

Distributable Amount

$88K

Min. Investment Return

$82K

Undistributed Income

$78K

Payout rate 5%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.5%

Payout rate

Qualifying distributions as a share of distributable amount.

Giving Over Time

6 years

Giving over time from 2017 to 2023. Peak $86K in 2022. Hover bars for details.

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

Top Recipients

239 grants

FIRST UNITED METHODIST CHURCH
$63K
5 grants
LONGWOOD UNIVERSITY SCHOLARSHIP
$25K
5 grants
RANDOLPH MACON COLLEGE SCHOLARSHIP
$25K
5 grants
NEW COLLEGE FOUNDATION SCHOLARSHIP
$25K
5 grants
MARTINSVILLE CEMETERY ASSOCIATION
$15K
5 grants
UNITED WAY OF MARTINSVILLE & HENRY CO
$15K
5 grants
GRACE NETWORK
$14K
5 grants
CARLISLE SCHOOL ANNUAL FUND
$13K
5 grants

Grant Size Distribution

239 grants

<$10K
234
grants
$10–50K
5
grants
$50–250K
$250K–1M
$1–5M
$5M+

Geographic Focus

6 states

Virginia
$372K
97% of total
Ohio
$4K
1% of total
Indiana
$2K
1% of total
Pennsylvania
$1K
0% of total
Kentucky
$1K
0% of total
District of Columbia
$1K
0% of total

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IRVING AND JETT GROVES CHARITABLE FOUNDATION — Grants, Financials & Contact | Grantivo