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Hugh I Shott Jr Foundation is a private corporation based in BLUEFIELD, WV. The foundation received its IRS ruling in 1986. The principal officer is % First Century Bank Trust Dept. It holds total assets of $51.2M. Annual income is reported at $2.6M. According to available records, Hugh I Shott Jr Foundation has made 82 grants totaling $9.5M, with a median grant of $58K. The foundation has distributed between $2.2M and $5M annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $5M distributed across 50 grants. Individual grants have ranged from $2K to $660K, with an average award of $116K. The foundation has supported 31 unique organizations. Grants have been distributed to organizations in West Virginia and Virginia. Contributions to this foundation are tax-deductible.
Hugh I Shott Jr Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 82 grants. Its grantmaking reaches organizations primarily in WV, VA.
Hugh I Shott Jr Foundation has distributed a total of $9.5M across 82 grants. The median grant size is $58K, with an average of $116K. Individual grants have ranged from $2K to $660K.
LIMITED TO SOUTHWEST VIRGINIA AND SOUTHERN WEST VIRGINIA.
Hugh I Shott Jr Foundation is headquartered in BLUEFIELD, WV. While based in WV, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Frank W Wilkinson | VICE PRESIDENT | $40K | $0 | $40K |
| Charlie Cole | DIRECTOR | $0 | $0 | $0 |
| Ronnie Hypes | DIRECTOR | $0 | $0 | $0 |
| Jason Shott | DIRECTOR | $0 | $0 | $0 |
| James H Shott Iii | SECRETARY | $0 | $0 | $0 |
Total Giving
$2.7M
Total Assets
$48.3M
Fair Market Value
$48.3M
Net Worth
$48.3M
Grants Paid
$2.3M
Contributions
$0
Net Investment Income
$3.6M
Distribution Amount
$2.2M
Total: $24.4M
Total Grants
82
Total Giving
$9.5M
Average Grant
$116K
Median Grant
$58K
Unique Recipients
31
Most Common Grant
$100K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Bluefield Arts And Revitalization CenterCHARITABLE - GRANADA THEATER PROJECT | Bluefield, WV | $660K | 2023 |
| City Of Bluefield WvCHARITABLE - BLUEFIELD CITY PARK PLAYGROUND AND SPLASH PAD | Bluefield, WV | $652K | 2023 |
| Mercer County Fellowship HomeCHARITABLE - ASSIST WITH UPGRADE TO ELECTRICAL SYSTEM | Bluefield, WV | $50K | 2023 |
| Stop The Hurt IncCHARITABLE - MEDICAL ROOM EQUIPMENT | Welch, WV | $18K | 2023 |
| City Of PrincetonCHARITABLE - POLICE DEPARTMENT BALLISTIC HELMETS | Princeton, WV |
| Michael R Shott |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| W Chandler Swope | DIRECTOR | $0 | $0 | $0 |
| John H Shott | PRESIDENT | $0 | $0 | $0 |
| Bk Satterfield | TREASURER | $0 | $0 | $0 |
| $10K |
| 2023 |
| Bluefield Wv Economic Development AuthorityCHARITABLE - 400 BLOCK FEDERAL/BLAND DEMOLITION | Bluefield, WV | $472K | 2022 |
| Town Of Bluefield VirginiaCHARITABLE - ASSIST WITH RENOVATION/UPGRADES GOLF COURSE | Bluefield, VA | $400K | 2022 |
| Community Connections IncCHARITABLE - RENAISSANCE THEATER PROJECT | Princeton, WV | $300K | 2022 |
| Child Protect Of Mercer County IncCHARITABLE - PURCHASE OF HOUSE FOR SHORT TERM FOSTER CARE | Princeton, WV | $200K | 2022 |
| Bluefield State UniversityEDUCATIONAL - CAPITAL IMPROVEMENTS | Bluefield, WV | $100K | 2022 |
| Bluefield UniversityEDUCATIONAL - CAPITAL IMPROVEMENTS | Bluefield, WV | $100K | 2022 |
| City Of WelchCHARITABLE - WALKING TRAIL | Welch, WV | $100K | 2022 |
| Tazewell County Public LibraryCHARITABLE - RICHALANDS LIBRARY SECOND FLOOR RENOVATION | Tazewell, VA | $100K | 2022 |
| Recovery Point Four SeasonsCHARITABLE - RENOVATIONS TO NEW BUILDING | Charleston, WV | $80K | 2022 |
| Westminster At Wade LlcCHARITABLE - FENCING AND BATHROOMS AT PLAYGROUND | Bluefield, WV | $65K | 2022 |
| Southwest Regional Recreation AuthorityCHARITABLE - TOURISM | Coeburn, VA | $50K | 2022 |
| Mcdowell County Commission On AgingCHARITABLE - DAY REPORT VAN | Welch, WV | $50K | 2022 |
| Princeton Rescue SquadCHARITABLE - COMMUNITY AND CONFERENCE CENTER | Princeton, WV | $50K | 2022 |
| Town Of AthensCHARITABLE - RENOVATIONS TO ATHENS PARK | Athens, WV | $25K | 2022 |
| Graham High School Education FoundationEDUCATIONAL - REMODEL PORTION OF SCHOOL LIBRARY | Bluefield, VA | $20K | 2022 |
| Helpful Harvest Food BankCHARITABLE - PURCHASE OF HVAC SYSTEM | Athens, WV | $15K | 2022 |
| Mercer County Opportunity IndustriesCHARITABLE - INTERIOR AND EXTERIOR REPAIRS TO FACILITY | Princeton, WV | $14K | 2022 |
| Wv Roundtable FoundationCHARITABLE - ANNUAL GRANT | Charleston, WV | $2K | 2022 |
| Bluefield Preservation SocietyCHARITABLE - GRANADA THEATER PROJECT | Bluefield, WV | $500K | 2020 |
| Appalachian Agency For SeniorsCHARITABLE - ADULT DAYCARE CENTER INTERIOR PROJECT | Cedar Bluff, VA | $100K | 2020 |
| Town Of PocahontasCHARITABLE - EXHIBITION MINE & MUSEUM KITCHEN EQUIPMENT | Pocahontas, WV | $50K | 2020 |
| Historic Crab Orchard MuseumCHARITABLE - | Tazewell, VA | $22K | 2020 |
| Princeton Police DepartmentCHARITABLE - NEW RADIO EQUIPMENT AND FLASH LIGHTS | Princeton, WV | $22K | 2020 |
| Summers County Public LibraryCHARITABLE - INTERIOR/EXTERIOR PAINTING AND ROOF REPAIRS | Hinton, WV | $21K | 2020 |
| Big Creek People In Action IncCHARITBALE - RENOVATION OF ACTIVITIES CENTER | War, WV | $12K | 2020 |
| Friends Of Pinnacle Rock State ParkCHARITABLE - PARK RENOVATIONS, KIOSKS, AND CABIN STABILIZATION | Bramwell, WV | $10K | 2020 |
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