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Groves Chaney Foundation is a private corporation based in ORLANDO, FL. The foundation received its IRS ruling in 1985. It holds total assets of $1.5M. Annual income is reported at $865K. Total assets have grown from $1.1M in 2010 to $1.5M in 2022. The foundation is governed by 5 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Virginia. According to available records, Groves Chaney Foundation has made 105 grants totaling $339K, with a median grant of $2K. The foundation has distributed between $82K and $171K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $171K distributed across 52 grants. Individual grants have ranged from $1K to $18K, with an average award of $3K. The foundation has supported 33 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$3K
Largest Grant
$18K
Based on 26 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.
Groves Chaney Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 105 grants. Its grantmaking reaches organizations primarily in VA.
Groves Chaney Foundation has distributed a total of $339K across 105 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $1K to $18K.
Groves Chaney Foundation typically selects its grantees rather than accepting unsolicited proposals.
Groves Chaney Foundation is headquartered in ORLANDO, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Truist Bank | TRUSTEE | $11K | $0 | $11K |
| Jett G Wood | DIRECTOR | $0 | $0 | N/A |
| J Smith Chaney Jr | DIRECTOR | $0 | $0 | N/A |
| Nancy Dickison | DIRECTOR | $0 | $0 | N/A |
| Mattie Sheppard | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
Total Giving
$99K
Total Assets
$1.5M
Fair Market Value
$1.5M
Net Worth
$1.5M
Grants Paid
$86K
Contributions
N/A
Net Investment Income
$346K
Distribution Amount
$78K
Total: $329K
Total Grants
105
Total Giving
$339K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
33
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| First United Methodist ChurchGENERAL OPERATING | Martinsville, VA | $18K | 2023 |
| Salvation ArmyGENERAL OPERATING | Martinsville, VA | $8K | 2023 |
| Boys & Girls ClubGENERAL OPERATING | Martinsville, VA | $3K | 2023 |
| Virginia Museum OfGENERAL OPERATING | Martinsville, VA | $1K | 2023 |
| Henry Fork CenterGENERAL OPERATING | Rocky Mount, VA | $7K | 2023 |
| Ferrum CollegeGENERAL OPERATING | Ferrum, VA | $6K | 2023 |
| Oakwood Cemetery FoundationGENERAL OPERATING | Martinsville, VA | $6K | 2023 |
| Marc FoundationGENERAL OPERATING | Martinsville, VA | $4K | 2023 |
| Carlisle SchoolGENERAL OPERATING | Axton, VA | $4K | 2023 |
| Boy Scouts Of AmericaGENERAL OPERATING | Martinsville, VA | $3K | 2023 |
| Martinsville Area Comm FndGENERAL OPERATING | Roanoke, VA | $3K | 2023 |
| Piedmont Arts AssociationGENERAL OPERATING | Martinsville, VA | $3K | 2023 |
| YmcaGENERAL OPERATING | Martinsville, VA | $3K | 2023 |
| Adult Day CareGENERAL OPERATING | Martinsville, VA | $2K | 2023 |
| Bassett LibraryGENERAL OPERATING | Bassett, VA | $2K | 2023 |
| Bassett Historical SocietyGENERAL OPERATING | Bassett, VA | $2K | 2023 |
| Habitat For HumanityGENERAL OPERATING | Martinsville, VA | $2K | 2023 |
| Boys Scouts Of America ClaytorGENERAL OPERATING | Roanoke, VA | $2K | 2023 |
| Granberry Methodist ChurchGENERAL OPERATING | Martinsville, VA | $2K | 2023 |
| Southside Survivor Response CenterGENERAL OPERATING | Martinsville, VA | $1K | 2023 |
| American Red CrossGENERAL OPERATING | Martinsville, VA | $1K | 2023 |
| Ridgeway Methodist ChurchGENERAL OPERATING | Ridgeway, VA | $1K | 2023 |
| TheaterworksGENERAL OPERATING | Martinsville, VA | $1K | 2023 |
| SpcaGENERAL OPERATING | Martinsville, VA | $1K | 2023 |
| Pregnancy Care Center Of Mhc IncGENERAL OPERATING | Martinsville, VA | $1K | 2023 |
| Martinsville Henry CountyGENERAL OPERATING | Martinsville, VA | $1K | 2023 |
| Jerry'S Chaney Patients AssistanceGENERAL OPERATING | Martinsville, VA | $2K | 2022 |
| Grace NetworkGENERAL OPERATING | Martinsville, VA | $2K | 2022 |