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Also known as: FOUNDATION
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Patricia E & John D Bassett Iii Foundation is a private corporation based in GALAX, VA. The foundation received its IRS ruling in 1969. It holds total assets of $949K. Annual income is reported at $154K. Total assets have grown from $646K in 2010 to $913K in 2022. The foundation is governed by 7 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. The foundation primarily funds organizations in North Carolina, Florida and Virginia. According to available records, Patricia E & John D Bassett Iii Foundation has made 61 grants totaling $194K, with a median grant of $2K. The foundation has distributed between $62K and $69K annually from 2020 to 2022. Individual grants have ranged from $500 to $20K, with an average award of $3K. The foundation has supported 34 unique organizations. The foundation primarily supports organizations in North Carolina, Virginia, Florida, which account for 90% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$2K
Average Grant
$4K
Largest Grant
$20K
Based on 18 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.
Patricia E & John D Bassett Iii Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 61 grants. Its grantmaking reaches organizations primarily in NC, VA, FL.
Patricia E & John D Bassett Iii Foundation has distributed a total of $194K across 61 grants. The median grant size is $2K, with an average of $3K. Individual grants have ranged from $500 to $20K.
Patricia E & John D Bassett Iii Foundation typically selects its grantees rather than accepting unsolicited proposals.
Patricia E & John D Bassett Iii Foundation is headquartered in GALAX, VA. While based in VA, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Patricia E Bassett | SECRETARY | $0 | $0 | N/A |
| John D Bassett Iv | VICE-PRESIDENT | $0 | $0 | N/A |
| Frances B Poole | VICE-PRESIDENT | $0 | $0 | N/A |
| Wyatt P Bassett | VICE-PRESIDENT | $0 | $0 | N/A |
| Ashton Poole | VICE-PRESIDENT | $0 | $0 | N/A |
| Ellen Bassett | VICE-PRESIDENT | $0 | $0 | N/A |
| John D Bassett Iii | PRESIDENT | $0 | $0 | N/A |
Total Giving
$91K
Total Assets
$913K
Fair Market Value
$1.4M
Net Worth
$913K
Grants Paid
$79K
Contributions
N/A
Net Investment Income
$45K
Distribution Amount
$66K
Total: $833K
Total Grants
61
Total Giving
$194K
Average Grant
$3K
Median Grant
$2K
Unique Recipients
34
Most Common Grant
$1K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Global GivingUKRAINE CRISIS RELIEF FUND | Washington, DC | $20K | 2022 |
| Roaring Gap FoundationGENERAL FUND | Greensboro, NC | $3K | 2022 |
| Christ Episcopal ChurchGENERAL FUND | Sparta, NC | $7K | 2022 |
| Free Clinic Of The Twin CountiesGENERAL FUND | Galax, VA | $7K | 2022 |
| Jupiter Island Medical ClinicGENERAL FUND | Hobe Sound, FL | $5K | 2022 |
| Roaring Gap ChurchGENERAL FUND | Roaring Gap, NC | $5K | 2022 |
| Concord UniversityGENERAL FUND | Athens, WV | $3K | 2022 |
| Alleghany Memorial Hospital FoundationGENERAL FUND | Sparta, NC | $2K | 2022 |
| Hobe Sound Community ChestGENERAL FUND | Hobe Sound, FL | $2K | 2022 |
| Pocahontas Bassett Baptist ChurchGENERAL FUND | Bassett, VA | $2K | 2022 |
| Alleghany County Rescue SquadGENERAL FUND | Sparta, NC | $2K | 2022 |
| Christ Memorial ChapelGENERAL FUND | Sparta, NC | $2K | 2022 |
| Emory & Henry CollegeSCHOLARSHIP | Emory, VA | $1K | 2022 |
| Dunbar Early Learning CenterGENERAL FUND | Hobe Sound, FL | $1K | 2022 |
| Martinsville Cemetery AssociationGENERAL FUND | Martinsville, VA | $1K | 2022 |
| Bassett Historical SocietyGENERAL FUND | Bassett, VA | $1K | 2022 |
| Banner Lake ClubGENERAL FUND | Hobe Sound, FL | $1K | 2022 |
| Love BoltGENERAL FUND | Charlotte, NC | $5K | 2021 |
| Washington And Lee UniversityGENERAL FUND | Lexington, VA | $3K | 2021 |
| 1000 Friends Of FloridaGENERAL FUND | Tallahassee, FL | $2K | 2021 |
| Boys And Girls Club Of Martin CoGENERAL FUND | Hobe Sound, FL | $2K | 2021 |
| The Conservation FundGENERAL FUND | Arlington, VA | $2K | 2021 |
| J Field FoundationGENERAL FUND | Whitestone, VA | $2K | 2021 |
| Alleghany Arts CouncilGENERAL FUND | Sparta, NC | $500 | 2021 |
| Haven Of Rest Bible ChurchGENERAL FUND | Galax, VA | $2K | 2020 |
| Cole Clark Boys & Girls ClubGENERAL FUND | Hobe Sound, FL | $2K | 2020 |