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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. Total assets have grown from $31M in 2011 to $51.2M in 2024. The foundation is governed by 9 officers and trustees. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in West Virginia and Virginia. 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.
Smallest Grant
$2K
Median Grant
$50K
Average Grant
$110K
Largest Grant
$500K
Based on 20 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.
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 | N/A |
| Ronnie Hypes | DIRECTOR | $0 | $0 | N/A |
| Jason Shott | DIRECTOR | $0 | $0 | N/A |
| James H Shott Iii | SECRETARY | $0 | $0 | N/A |
| Michael R Shott | DIRECTOR | $0 | $0 | N/A |
| W Chandler Swope | DIRECTOR | $0 | $0 | N/A |
| John H Shott | PRESIDENT | $0 | $0 | N/A |
| Bk Satterfield | TREASURER | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$51.2M
Fair Market Value
N/A
Net Worth
$51.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 | $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 UniversityEDUCATIONAL - CAPITAL IMPROVEMENTS | Bluefield, WV | $100K | 2022 |
| Bluefield State 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 |
| Princeton Rescue SquadCHARITABLE - COMMUNITY AND CONFERENCE CENTER | Princeton, WV | $50K | 2022 |
| Mcdowell County Commission On AgingCHARITABLE - DAY REPORT VAN | Welch, WV | $50K | 2022 |
| Southwest Regional Recreation AuthorityCHARITABLE - TOURISM | Coeburn, VA | $50K | 2022 |
| Town Of AthensCHARITABLE - RENOVATIONS TO ATHENS PARK | Athens, WV | $25K | 2022 |