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Armstrong Robertson Matthews Memorial Fund is a private trust based in BLUEFIELD, WV. The foundation received its IRS ruling in 1967. The principal officer is First National Bank. It holds total assets of $701K. Annual income is reported at $360K. Total assets have grown from $449K in 2011 to $691K in 2023. The foundation is governed by 4 officers and trustees. Annual grant to the craft memorial library of bluefield, west virginia to assist the library in meeting the educational needs of the community. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. According to available records, Armstrong Robertson Matthews Memorial Fund has made 4 grants totaling $266K, with a median grant of $65K. The foundation has distributed between $63K and $74K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $74K distributed across 1 grants. Individual grants have ranged from $63K to $74K, with an average award of $67K. Grant recipients are concentrated in West Virginia. Contributions to this foundation are tax-deductible.
Annual grant to the craft memorial library of bluefield, west virginia to assist the library in meeting the educational needs of the community.
Annual grant to the craft memorial library of bluefield, west virginia to assist the library in meeting the educational needs of the community. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in WV.
Armstrong Robertson Matthews Memorial Fund has distributed a total of $266K across 4 grants. The median grant size is $65K, with an average of $67K. Individual grants have ranged from $63K to $74K.
Armstrong Robertson Matthews Memorial Fund typically selects its grantees rather than accepting unsolicited proposals.
Armstrong Robertson Matthews Memorial Fund is headquartered in BLUEFIELD, WV.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Summit Community Bank | TRUSTEE | $11K | $0 | $11K |
| Julie H Johnson | TREASURER | $0 | $0 | N/A |
| Betty G Bailey | PRESIDENT | $0 | $0 | N/A |
| Frank W Wilkinson | SECRETARY | $0 | $0 | N/A |
Total Giving
$78K
Total Assets
$691K
Fair Market Value
$1.3M
Net Worth
$691K
Grants Paid
$66K
Contributions
N/A
Net Investment Income
$64K
Distribution Amount
$61K
Total: $93K
Total Grants
4
Total Giving
$266K
Average Grant
$67K
Median Grant
$65K
Unique Recipients
1
Most Common Grant
$63K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Craft Memorial LibraryEDUCATIONAL | Bluefield, WV | $66K | 2023 |