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 |