//
Also known as: FOUNDATION INC
Work at this foundation?
Claim this profile to manage it and see interest from grant seekers.
Credit Bureau Of The Virginias Foundation Inc. is a private corporation based in BLUEFIELD, WV. The foundation received its IRS ruling in 2001. The principal officer is Jimmy W Welch. It holds total assets of $861K. Annual income is reported at $559K. Total assets have decreased from $945K in 2011 to $719K in 2023. The foundation is governed by 6 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in West Virginia and Virginia. According to available records, Credit Bureau Of The Virginias Foundation Inc. has made 45 grants totaling $232K, with a median grant of $4K. The foundation has distributed between $55K and $62K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $62K distributed across 11 grants. Individual grants have ranged from $100 to $10K, with an average award of $5K. The foundation has supported 15 unique organizations. Grants have been distributed to organizations in West Virginia and Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$3K
Average Grant
$5K
Largest Grant
$10K
Based on 11 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.
Credit Bureau Of The Virginias Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 45 grants. Its grantmaking reaches organizations primarily in WV, VA.
Credit Bureau Of The Virginias Foundation Inc. has distributed a total of $232K across 45 grants. The median grant size is $4K, with an average of $5K. Individual grants have ranged from $100 to $10K.
Restricted to residents of nine county area in west virginia and virginia.
Credit Bureau Of The Virginias Foundation Inc. is headquartered in BLUEFIELD, WV. While based in WV, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Jimmy W Welch | EXECUTIVE DI | $14K | $0 | $14K |
| James Sizemore | DIRECTOR | $0 | $0 | N/A |
| Danny Coulthard | PRESIDENT | $0 | $0 | N/A |
| Dean Marshall | VICE PRESIDE | $0 | $0 | N/A |
| James Carter Jr | TREASURER | $0 | $0 | N/A |
| Garnett Little | DIRECTOR | $0 | $0 | N/A |
Total Giving
$81K
Total Assets
$719K
Fair Market Value
$1.2M
Net Worth
$719K
Grants Paid
$60K
Contributions
$1K
Net Investment Income
$16K
Distribution Amount
$55K
Total: $672K
Total Grants
45
Total Giving
$232K
Average Grant
$5K
Median Grant
$4K
Unique Recipients
15
Most Common Grant
$3K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Concord UniversitySCHOLARSHIPS | Athens, WV | $10K | 2023 |
| Bluefield State UniversitySCHOLARSHIPS | Bluefield, WV | $10K | 2023 |
| Bluefield UniversitySCHOLARSHIPS | Bluefield, VA | $10K | 2023 |
| Westminster At Wade LlcSPONSOR STUDENTS/COMP EQPT | Bluefield, WV | $5K | 2023 |
| Southwest Va Community CollegeSCHOLARSHIPS | Cedar Bluff, VA | $5K | 2023 |
| Wyoming County Technical Educ CtrSCHOLARSHIPS | Pineville, WV | $4K | 2023 |
| Southern Wv Comm & Tech CollegeSCHOLARSHIPS | Williamson, WV | $4K | 2023 |
| Mercer County Technical Educ CtrSCHOLARSHIPS | Princeton, WV | $4K | 2023 |
| Mcdowell County Technical Educ CtrSCHOLARSHIPS | Welch, WV | $4K | 2023 |
| Big Creek People In ActionCHILDRENS EDUCATIONAL PROGRAMS | War, WV | $3K | 2023 |
| Richlands Area Citizens For The ArtSUPPORT OPERATING BUDGET | Richlands, VA | $2K | 2023 |
| Bluefield State CollegeSCHOLARSHIPS | Bluefield, WV | $10K | 2021 |
| Main Street United Methodist ChurchDONATION | Tazewell, VA | $100 | 2021 |
| Bluefield CollegeSCHOLARSHIPS | Bluefield, VA | $10K | 2020 |
| Chamber Of Commerce Of The Two Va'SYOUTH LEADERSHIP PROGRAM | Bluefield, WV | $3K | 2020 |
HUNTINGTON, WV
PRINCETON, WV
MARTINSBURG, WV