//
Also known as: Charitable Foundation
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Beverly W And Hampton O Powell Charitable Foundation is a private corporation based in HARDY, VA. The foundation received its IRS ruling in 1995. The principal officer is John E Lane Iii. It holds total assets of $3.6M. Annual income is reported at $323K. Total assets have grown from $16K in 2011 to $3.6M in 2023. The foundation is governed by 5 officers and trustees. Contributions to religious, charitable, and educational organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Virginia. According to available records, Beverly W And Hampton O Powell Charitable Foundation has made 29 grants totaling $391K, with a median grant of $10K. The foundation has distributed between $195K and $196K annually from 2021 to 2022. Individual grants have ranged from $2K to $40K, with an average award of $13K. The foundation has supported 16 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$10K
Average Grant
$13K
Largest Grant
$40K
Based on 15 grants from the most recent 990-PF filing.
Contributions to religious, charitable, educational organizations
Expenses: $190K
Contributions to religious, charitable, and educational organizations. Based on available records, the foundation has funded 29 grants. Its grantmaking reaches organizations primarily in VA.
Beverly W And Hampton O Powell Charitable Foundation has distributed a total of $391K across 29 grants. The median grant size is $10K, with an average of $13K. Individual grants have ranged from $2K to $40K.
The purpose of the foundation shall be to substantially benefit the people of the altavista/lynch station, virginia, area, and those institutions and persons therein located, and such institutions that may not be located therein, but are deemed by the directors of the foundation to substantially benefit the people of the altavista/lynch station, virginia, area.
Beverly W And Hampton O Powell Charitable Foundation is headquartered in HARDY, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| John E Lane Iii | President | $0 | $0 | N/A |
| Aubrey H Hall Iii | Director | $0 | $0 | N/A |
| Robert H Gilliam Jr | Secretary-Treas | $0 | $0 | N/A |
| Shawn Stone | Director | $0 | $0 | N/A |
| Robert L Finch | Director | $0 | $0 | N/A |
Total Giving
$216K
Total Assets
$3.6M
Fair Market Value
$3.7M
Net Worth
$3.6M
Grants Paid
$195K
Contributions
N/A
Net Investment Income
$171K
Distribution Amount
$182K
Total: N/A
Total Grants
29
Total Giving
$391K
Average Grant
$13K
Median Grant
$10K
Unique Recipients
16
Most Common Grant
$7K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Altavista Area YmcaEndowment Fund | Altavista, VA | $40K | 2022 |
| Habitat For HumanityFunding for Land Purchase for House Project | Altavista, VA | $25K | 2022 |
| Centra Health FoundationScholarships | Lynchburg, VA | $20K | 2022 |
| Faith Christian AcademyFunding for Equipment Repair and/or Replacement | Hurt, VA | $19K | 2022 |
| Lynchburg Daily BreadAltavista Meals Outreach | Lynchburg, VA | $15K | 2022 |
| Lynch Station Ruritan SocietyNew Siding for Concessions and Stage Building | Lynch Station, VA | $10K | 2022 |
| Claire Parker FoundationOperating Expenses; House Renovation | Altavista, VA | $10K | 2022 |
| Three Into One Community ProjectFunding for Various Community Projects | Altavista, VA | $9K | 2022 |
| Avoca Museum And Historical SocietyGeneral Operations | Altavista, VA | $7K | 2022 |
| Campbell County Educational FoundatCollege and Career Readiness Program | Rustburg, VA | $7K | 2022 |
| Second St Paul Baptist ChurchSeal Coating and Striping Parking Lot and Building Repairs | Lynch Station, VA | $7K | 2022 |
| Lynch Station Baptist ChurchParsonage Repairs | Lynch Station, VA | $3K | 2022 |
| Altavista Outreach And EnrichmentSummer Literacy Program | Altavista, VA | $3K | 2022 |
| Mount Hermon Um ChurchDefray Costs of HVAC Maintenance | Lynch Station, VA | $2K | 2022 |
| Virginia Technical InstituteGrants for Scholarships | Altavista, VA | $30K | 2021 |
| Bethany Ebeneezer Um ChurchFunding for Door and Window Replacement | Lynch Station, VA | $3K | 2021 |