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Also known as: TESTAMENTARY TRUST
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Raymond Brooks Vanscoy Testamentary Trust is a private corporation based in FAIRMONT, WV. The foundation received its IRS ruling in 2012. The principal officer is Wesbanco Bank Inc.. It holds total assets of $3.9M. Annual income is reported at $2.7M. Total assets have grown from $3M in 2011 to $3.7M in 2023. The foundation is governed by 2 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Funding is distributed across 4 states, including West Virginia, Florida, Georgia. According to available records, Raymond Brooks Vanscoy Testamentary Trust has made 15 grants totaling $609K, with a median grant of $43K. Annual giving has grown from $174K in 2020 to $220K in 2023. Individual grants have ranged from $35K to $44K, with an average award of $41K. The foundation has supported 5 unique organizations. The foundation primarily supports organizations in West Virginia, Florida, Georgia, which account for 80% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$35K
Median Grant
$35K
Average Grant
$35K
Largest Grant
$35K
Based on 5 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.
Raymond Brooks Vanscoy Testamentary Trust primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in WV, FL, GA.
Raymond Brooks Vanscoy Testamentary Trust has distributed a total of $609K across 15 grants. The median grant size is $43K, with an average of $41K. Individual grants have ranged from $35K to $44K.
Raymond Brooks Vanscoy Testamentary Trust typically selects its grantees rather than accepting unsolicited proposals.
Raymond Brooks Vanscoy Testamentary Trust is headquartered in FAIRMONT, WV. While based in WV, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Wesbanco Trust Investment Services | TRUSTEE | $22K | $0 | $22K |
| Argyle Shingleton | TRUSTEE | $18K | $0 | $18K |
Total Giving
$263K
Total Assets
$3.7M
Fair Market Value
$4.6M
Net Worth
$3.7M
Grants Paid
$220K
Contributions
N/A
Net Investment Income
$129K
Distribution Amount
$213K
Total: N/A
Total Grants
15
Total Giving
$609K
Average Grant
$41K
Median Grant
$43K
Unique Recipients
5
Most Common Grant
$43K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Heart AssociationUNRESTRICTED CHARITABLE CONTRIBUTION | St Petersburg, FL | $44K | 2023 |
| Arthritis FoundationUNRESTRICTED CHARITABLE CONTRIBUTION | Atlanta, GA | $44K | 2023 |
| Broad Street United Methodist ChurchUNRESTRICTED CHARITABLE CONTRIBUTION | Weston, WV | $44K | 2023 |
| Muscular Dystrophy Association IncUNRESTRICTED CHARITABLE CONTRIBUTION | Providence, RI | $44K | 2023 |
| West Virginia University Foundation IncUNRESTRICTED CHARITABLE CONTRIBUTION | Morgantown, WV | $44K | 2023 |
HUNTINGTON, WV
PRINCETON, WV
MARTINSBURG, WV