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David S Blount Educational Foundation is a private trust based in RICHMOND, VA. The foundation received its IRS ruling in 1976. It holds total assets of $3.1M. Annual income is reported at $3.2M. The foundation is governed by 1 officer or trustee. Tax records are available from 2021 to 2024. Grantmaking is concentrated in Virginia. According to available records, David S Blount Educational Foundation has made 87 grants totaling $785K, with a median grant of $7K. Annual giving has decreased from $380K in 2022 to $115K in 2024. Individual grants have ranged from $867 to $44K, with an average award of $9K. The foundation has supported 33 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$867
Median Grant
$5K
Average Grant
$8K
Largest Grant
$22K
Based on 16 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.
David S Blount Educational Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 87 grants. Its grantmaking reaches organizations primarily in VA.
David S Blount Educational Foundation has distributed a total of $785K across 87 grants. The median grant size is $7K, with an average of $9K. Individual grants have ranged from $867 to $44K.
Must be resident of virginia who is attending a virginia educational institution.
David S Blount Educational Foundation is headquartered in RICHMOND, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Truist Bank | TRUSTEE | $42K | $0 | $42K |
Total Giving
$164K
Total Assets
$2.6M
Fair Market Value
$3.3M
Net Worth
$2.6M
Grants Paid
$115K
Contributions
N/A
Net Investment Income
$134K
Distribution Amount
$141K
Total: $1.2M
Total Grants
87
Total Giving
$785K
Average Grant
$9K
Median Grant
$7K
Unique Recipients
33
Most Common Grant
$7K
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Averett UniversitySCHOLARSHIP | Danville, VA | $44K | 2024 |
| Longwood UniversitySCHOLARSHIPS | Farmville, VA | $20K | 2024 |
| Roanoke CollegeSCHOLARSHIPS | Salem, VA | $16K | 2024 |
| Hampden-Sydney CollegeSCHOLARSHIP | Hampden Sydney, VA | $13K | 2024 |
| Eastern Mennonite UniversitySCHOLARSHIP | Harrisonburg, VA | $10K | 2024 |
| Hollins UniversitySCHOLARSHIPS | Roanoke, VA | $7K | 2024 |
| Randolph-Macon CollegeSCHOLARSHIPS | Ashland, VA | $5K | 2024 |
| Samantha J KlugSCHOLARSHIP | Oakwood, VA | $28K | 2023 |
| Ayomipo E AdeyemoSCHOLARSHIP | Oakwood, VA | $18K | 2023 |
| Zomarie N TalleySCHOLARSHIP | Danville, VA | $9K | 2023 |
| Yizhou SunSCHOLARSHIP | Harrisonburg, VA | $8K | 2023 |
| Greysonb K CrouchSCHOLARSHIP | Ferrum, VA | $8K | 2023 |
| Morgan A LeslieSCHOLARSHIP | Harrisonburg, VA | $7K | 2023 |
| Sarah ArnoldSCHOLARSHIP | Ferrum, VA | $7K | 2023 |
| Kyasia M JohnstonSCHOLARSHIP | Roanoke, VA | $7K | 2023 |
| Andrew FoltzSCHOLARSHIP | Harrisonburg, VA | $7K | 2023 |
| Nicholas G SimpkinsSCHOLARSHIP | Ferrum, VA | $7K | 2023 |
| Carlia D KearneySCHOLARSHIP | Roanoke, VA | $7K | 2023 |
| Wesley T WrightSCHOLARSHIP | Danville, VA | $7K | 2023 |
| Flor A MedinaSCHOLARSHIP | Roanoke, VA | $7K | 2023 |
| Jasmin T CarmichaelSCHOLARSHIP | Roanoke, VA | $7K | 2023 |
| Alicia I AlverezSCHOLARSHIP | Farmville, VA | $7K | 2023 |
| Hunter M CassadaSCHOLARSHIP | Danville, VA | $3K | 2023 |
| Jonathan M RitchieSCHOLARSHIP | Oakwood, VA | $22K | 2022 |