Work at this foundation?
Claim this profile to edit this page and see interest from grant seekers.
Columbus Phipps Foundation is a private trust based in CLINTWOOD, VA. The foundation received its IRS ruling in 1994. The principal officer is Nations Bank Of Va N A. It holds total assets of $18.3M. Annual income is reported at $9.8M. Total assets have grown from $10.6M in 2011 to $18.3M in 2024. The foundation is governed by 5 officers and trustees. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Dickenson County, VA. According to available records, Columbus Phipps Foundation has made 277 grants totaling $4.6M, with a median grant of $5K. Annual giving has grown from $1M in 2020 to $2.5M in 2022. Individual grants have ranged from $500 to $290K, with an average award of $17K. The foundation has supported 123 unique organizations. The foundation primarily supports organizations in Virginia, Tennessee, Kentucky, which account for 80% of all grants. Grantmaking reaches organizations across 21 states. Contributions to this foundation are tax-deductible.
The Columbus Phipps Foundation is among the most geographically concentrated private foundations in Virginia — every dollar it awards connects directly to Dickenson County, either through scholarships for county-born students or organizational grants for nonprofits serving county residents. This hyper-local mandate stems from its origins: established in 1993 by Beulah G. Phipps to honor her father Columbus Phipps (1853–1893), the county's first Clerk of Court, the foundation is rooted in a multi-generational family legacy. Columbus Phipps's nine children became educators, lawyers, and physicians, and the foundation perpetuates that tradition by funding education and community service.
The foundation operates as a trust with five volunteer trustees — Paul D. Buchanan (Trustee/Director), Dr. Jewell Askins, Michael A. Strough, Jerry Artrip, and Clarence Phillips — none of whom receive compensation. Decisions come from a small, closely connected board with deep personal ties to Dickenson County. This is not a foundation that responds to national trends or cold outreach campaigns. The pathways to funding run through local guidance counselors, financial aid offices at regional colleges, and civic networks in Clintwood.
The application process is deliberately accessible and low-barrier for eligible applicants: a paper form, available beginning January each year at five local distribution points, mailed to the Foundation's P.O. Box. There is no online portal, no letter of inquiry phase, and no grant management software to navigate. This simplicity reflects the foundation's character — it wants county students and local nonprofits to apply without bureaucratic obstacles.
For first-time nonprofit applicants, the most important step before drafting a proposal is a direct phone call or email to the Foundation (cpf@dcwin.org, (276) 926-8152) to confirm eligibility and request the organizational grant form. The board explicitly prioritizes organizations whose work encourages recipients to stay in or return to Dickenson County — language about talent retention and community investment should appear throughout any proposal. Organizations that can document years of service to county residents, name local partners, and connect their mission to economic vitality in Dickenson County will find the strongest alignment with this board's values.
The Columbus Phipps Foundation distributes approximately $1.0–$1.5 million annually from an endowment that has grown from $10.5 million in 2011 to $18.3 million in 2024 — a 74% increase over 13 years driven entirely by investment returns (the foundation accepts no charitable contributions). Total giving peaked in 2021 at $1,560,879 (grants paid: $1,260,474), boosted by exceptional investment income of $3.4 million that year. More typical years run $1.0–$1.3 million in total giving: 2022 was $1,457,188; 2020 was $1,272,380; 2019 was $1,285,310. The 2025 filing cycle reported approximately $1.1 million to 62 grantees.
Across 277 documented grants totaling $4,579,279, the median individual grant is $6,000 and the average is $16,532 (the foundation's own data reports a slightly higher average of $18,007 across 70 recent awards). Grants range from $1,000 — the minimum semester scholarship — to $145,000 for the largest single institutional award. Cumulative relationship totals reveal the depth of key partnerships: Mountain Empire Community College has received $491,750 across 3 grant relationships; UVA College at Wise has accumulated over $608,000 across 4 relationships; Southwest Virginia Community College has received approximately $262,000.
Education dominates the portfolio at approximately 90% of documented giving — spanning direct student scholarships, institutional educational grants to colleges and universities, and K-12 school support (Ridgeview High School, $157,763 cumulative; Dickenson County Public Schools, $48,748). Health and social services account for roughly 5% (ETSU/St. Mary's Health Wagon, $72,000; Dickenson County Social Services, $50,000; Dickenson County Food Bank, $15,000). Cultural programming represents 2–3% (Pro-Art Dickenson County, $23,000).
Geographically, 58% of grants by count flow to Virginia institutions. Tennessee accounts for 14% of grants (led by East Tennessee State University at $205,500), and Kentucky 8% (led by Lincoln Memorial University and Kentucky College of Optometry), reflecting Dickenson County students attending Appalachian regional colleges. The foundation clearly follows students wherever they attend school, making student origin — not institutional location — the true geographic filter.
No peer foundations were identified in the source database for Columbus Phipps Foundation. The following comparison uses publicly available IRS filings and foundation directories to benchmark against comparable small Appalachian private foundations serving rural Virginia communities. Asset and giving figures marked "est." are approximations from public data.
| Foundation | Assets | Annual Giving | Primary Focus | Application |
|---|---|---|---|---|
| Columbus Phipps Foundation | $18.3M | ~$1.1M | Education/Culture, Dickenson Co. VA | Open, May 15 deadline |
| Community Foundation of the New River Valley (VA) | ~$27M (est.) | ~$2.0M (est.) | Broad community, NRV region VA | Open, varies by cycle |
| Virginia Highlands Community College Foundation (VA) | ~$8M (est.) | ~$500K (est.) | Higher ed, Washington Co. VA region | Institutional/invited |
| Scott County Community Foundation (VA) | ~$5M (est.) | ~$300K (est.) | Education/community, rural SW VA | Open, limited |
| Appalachian Power Foundation | ~$4M (est.) | ~$400K (est.) | Community/environment, WV-VA-TN region | Open, competitive |
The Columbus Phipps Foundation stands out for its singular geographic mandate (one county only) combined with substantial endowment size — $18.3M in assets is exceptional for a single-county private foundation in rural Appalachia. Its ~6% annual payout rate meets private foundation minimum distribution requirements. Compared to community foundations like the Community Foundation of the New River Valley, Columbus Phipps maintains far stricter eligibility gates but offers more predictable year-over-year funding for qualifying applicants. Eligible organizations face less competition than at regional community foundations with open applicant pools, making eligibility confirmation the most valuable first step.
No formal press releases or major programmatic announcements were found for the Columbus Phipps Foundation in 2025–2026. The foundation maintains a minimal public profile consistent with its small-town, relationship-driven character — it has no social media presence beyond a dormant Facebook page and does not issue press releases.
The most concrete recent data point is the Form 990-PF filed October 10, 2025, documenting approximately $1.1 million in grants to 62 grantees, with Liberty University, Lincoln Memorial University, and King University among named recipients. This is consistent with the foundation's historical giving pattern and confirms continued active grantmaking.
Financially, the foundation is on a strong trajectory: assets grew from $14.6 million in 2019 to $18.3 million in 2024, a 25% increase in five years, and total revenue of $1,728,618 in fiscal 2024 suggests continued endowment health. The foundation derives its income entirely from investment returns — it receives no outside contributions — so its grantmaking capacity is tied directly to market performance.
The board of five trustees — Paul D. Buchanan (Trustee/Director), Dr. Jewell Askins, Michael A. Strough, Jerry Artrip, and Clarence Phillips — appears stable with no leadership transitions documented in recent public filings. The Yelp listing for the Foundation office was updated July 2025, confirming the 166 Main Street Clintwood location remains operational. No changes to application deadlines, eligibility rules, or stated funding priorities have been publicly announced.
Confirm geographic eligibility as step one. The Columbus Phipps Foundation has a non-negotiable eligibility filter: scholarship applicants must be graduates of a Dickenson County high school or hold a Dickenson County GED. Nonprofit grant applicants must serve Dickenson County residents — not just the broader Southwest Virginia region. Before investing time in an application, verify this criterion precisely.
Request the correct form in January. Applications are not available online. Beginning in January each year, obtain the student scholarship form from Ridgeview High School's Guidance Department, the Financial Aid Office at UVA College at Wise, Mountain Empire Community College, or Southwest Virginia Community College. For the nonprofit organizational grant form, contact the Foundation directly at (276) 926-8152 or cpf@dcwin.org — the organizational form differs from the scholarship form and is not distributed at the college offices.
Submit well before May 15. The postmark deadline for new applications is firm: May 15. Renewal applicants face June 15. The Foundation is located in a rural county where mail delivery timelines vary — submit at least one week early. Applications received after the deadline may not be considered regardless of merit.
Lead with Dickenson County retention language. The foundation's governing documents explicitly state it aims to encourage recipients to 'remain in or return to Dickenson County to provide much needed services for the residents.' Scholarship essays should connect the field of study to local community needs. Nonprofit proposals should quantify direct county impact — number of Dickenson County residents served, services delivered in the county, local organizational partnerships — and ideally articulate how the organization contributes to county workforce retention or quality of life.
Build local relationships before applying for organizational grants. The five-member volunteer board has deep personal ties to the county. Organizations that maintain visibility through partnerships with Ridgeview High School, Mountain Empire Community College, or Dickenson County Social Services — and that local trustees can verify through direct observation — have a natural advantage. A brief introductory call to the Foundation office before submitting a first-time nonprofit application establishes good faith.
For renewal scholarship applicants: Annual reapplication is required — no scholarship continues automatically. Document academic progress, maintain good standing, and address how your studies continue to connect to Dickenson County needs. Submit by June 15 without exception.
Create a free Granted account to download this report — includes application checklist, full financial data, and all grantees.
Already have an account? Sign in to download.
Smallest Grant
$1K
Median Grant
$6K
Average Grant
$18K
Largest Grant
$145K
Based on 70 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
The Columbus Phipps Foundation distributes approximately $1.0–$1.5 million annually from an endowment that has grown from $10.5 million in 2011 to $18.3 million in 2024 — a 74% increase over 13 years driven entirely by investment returns (the foundation accepts no charitable contributions). Total giving peaked in 2021 at $1,560,879 (grants paid: $1,260,474), boosted by exceptional investment income of $3.4 million that year. More typical years run $1.0–$1.3 million in total giving: 2022 was $1,4.
Columbus Phipps Foundation has distributed a total of $4.6M across 277 grants. The median grant size is $5K, with an average of $17K. Individual grants have ranged from $500 to $290K.
The Columbus Phipps Foundation is among the most geographically concentrated private foundations in Virginia — every dollar it awards connects directly to Dickenson County, either through scholarships for county-born students or organizational grants for nonprofits serving county residents. This hyper-local mandate stems from its origins: established in 1993 by Beulah G. Phipps to honor her father Columbus Phipps (1853–1893), the county's first Clerk of Court, the foundation is rooted in a multi.
Columbus Phipps Foundation is headquartered in CLINTWOOD, VA. While based in VA, the foundation distributes grants to organizations across 21 states.
Track this funder — get alerted when new grants match
Get a free weekly digest of new grant opportunities as they're added to Granted. Unsubscribe anytime.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Paul D Buchanan | TRUSTEE/DIRECTOR | $0 | $0 | N/A |
| Dr Jewell Askins | TRUSTEE | $0 | $0 | N/A |
| Mr Michael A Strough | TRUSTEE | $0 | $0 | N/A |
| Mr Jerry Artrip | TRUSTEE | $0 | $0 | N/A |
| Mr Clarence Phillips | TRUSTEE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$18.3M
Fair Market Value
N/A
Net Worth
$18.3M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
277
Total Giving
$4.6M
Average Grant
$17K
Median Grant
$5K
Unique Recipients
123
Most Common Grant
$2K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Mountain Empire Community CollegeEDUCATIONAL GRANTS | Big Stone Gap, VA | $145K | 2022 |
| Appalachian School Of PharmacyEDUCATIONAL GRANTS | Oakwood, VA | $90K | 2022 |
| Southwest Virginia Community CollegeEDUCATIONAL GRANTS | Richlands, VA | $80K | 2022 |
| University Of Va College At WiseEDUCATIONAL GRANTS | Wise, VA | $69K | 2022 |
| Virginia Polytechnic InstituteEDUCATIONAL GRANTS | Blacksburg, VA | $69K | 2022 |
| Kentucky College Of OptometryEDUCATION GRANT | Pikeville, KY | $60K | 2022 |
| Liberty UniversityEDUCATIONAL GRANTS | Lynchburg, VA | $52K | 2022 |
| East Tennessee State UniversityEDUCATIONAL GRANTS | Johnson City, TN | $52K | 2022 |
| King UniversityEDUCATIONAL GRANTS | Bristol, TN | $50K | 2022 |
| Ridgeview High SchoolGRANT TO SUPPORT | Clintwood, VA | $44K | 2022 |
| Lincoln Memorial UniversityEDUCATIONAL GRANTS | Harrogate, TN | $40K | 2022 |
| Etsu (St Mary'S) Health WagonMEDICAL SUPPLIES FOR | Wise, VA | $36K | 2022 |
| Dickenson County VceGRANT FOR 4-H CAMPS | Clintwood, VA | $32K | 2022 |
| Virginia Commonwealth UniversityEDUCATIONAL GRANTS | Richmond, VA | $30K | 2022 |
| Edward Via CollegeSCHOLARSHIP | Spartanburg, SC | $30K | 2022 |
| Radford UniversityEDUCATIONAL GRANTS | Radford, VA | $27K | 2022 |
| Ferrum CollegeSCHOLARSHIP GRANT FOR | Ferrum, VA | $21K | 2022 |
| Dickenson County Social ServicesSUPPORT FOOD BANK AND | Clintwood, VA | $20K | 2022 |
| George Mason UniversityEDUCATION GRANTS | Fairfax, VA | $19K | 2022 |
| Lincoln College Of TechnologyEDUCATIONAL GRANTS | Nashville, TN | $19K | 2022 |
| Dickinson County Vocational SchoolSCHOLARSHIP | Clintwood, VA | $17K | 2022 |
| University Of PikevilleEDUCATIONAL GRANTS | Pikeville, KY | $17K | 2022 |
| Marshall UniversityEDUCATIONAL SCHOLARSHIPS | Huntington, WV | $15K | 2022 |
| University Of Nw OhioSCHOLARSHIP | Lima, OH | $15K | 2022 |
| Virginia Highlands Community CollegeEDUCATIONAL GRANTS | Abingdon, VA | $14K | 2022 |