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Myles Fam Foundation Trust is a private 0 based in ELKINS, WV. The foundation received its IRS ruling in 2000. The principal officer is Faye Channell. It holds total assets of $6M. Annual income is reported at $1.7M. Total assets have decreased from $11.4M in 2011 to $6.1M in 2023. The foundation is governed by 2 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2015 to 2023. The foundation primarily funds organizations in West Virginia and Virginia. According to available records, Myles Fam Foundation Trust has made 37 grants totaling $5.7M, with a median grant of $10K. Annual giving has decreased from $4.3M in 2020 to $705K in 2023. Individual grants have ranged from $5K to $4.2M, with an average award of $154K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in West Virginia and Virginia.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$539K
Largest Grant
$4.2M
Based on 8 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.
Myles Fam Foundation Trust is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 37 grants. Its grantmaking reaches organizations primarily in WV, VA.
Myles Fam Foundation Trust has distributed a total of $5.7M across 37 grants. The median grant size is $10K, with an average of $154K. Individual grants have ranged from $5K to $4.2M.
Myles Fam Foundation Trust typically selects its grantees rather than accepting unsolicited proposals.
Myles Fam Foundation Trust is headquartered in ELKINS, WV. While based in WV, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| R Faye Channell | TRUSTEE | $0 | $0 | N/A |
| June B Myles | TRUSTEE | $0 | $0 | N/A |
Total Giving
$769K
Total Assets
$6.1M
Fair Market Value
$10.8M
Net Worth
$6.1M
Grants Paid
$705K
Contributions
N/A
Net Investment Income
$437K
Distribution Amount
$523K
Total: $3.8M
Total Grants
37
Total Giving
$5.7M
Average Grant
$154K
Median Grant
$10K
Unique Recipients
12
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Augusta Heritage Center IncCHARITABLECHARITABLE | Elkins, WV | $450K | 2023 |
| Davis & Elkins CollegeCHARITABLECHARITABLE | Elkins, WV | $100K | 2023 |
| Wv Public BroadcastingCHARITABLECHARITABLE | Charleston, WV | $60K | 2023 |
| Hollins UniversityCHARITABLE | Roanoke, VA | $50K | 2023 |
| Randolph County Humane SocietyCHARITABLE | Elkins, WV | $10K | 2023 |
| Randolph County YmcaCHARITABLE | Elkins, WV | $10K | 2023 |
| Artsbank IncCHARITABLE | Elkins, WV | $10K | 2023 |
| Elkins Randolph County Public LibraryCHARITABLE | Elkins, WV | $5K | 2023 |
| Davis Memorial Presbyterian ChurchCHARITABLE | Elkins, WV | $5K | 2023 |
| Russell Memorial Public LibraryCHARITABLE | Elkins, WV | $5K | 2023 |
| Elkins Randolph County YmcaCHARITABLE | Elkins, WV | $10K | 2022 |
| Randolph County Arts CenterCHARITABLE | Elkins, WV | $10K | 2022 |