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Also known as: C/O CHRIS WEARMOUTH
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Tazewell Community Foundation is a private corporation based in TAZEWELL, VA. The foundation received its IRS ruling in 2020. The principal officer is Chris Wearmouth. It holds total assets of $9.6M. Annual income is reported at $2.3M. Total assets have grown from $6.2M in 2011 to $8.3M in 2023. The foundation is governed by 12 officers and trustees. To provide funds for the health benefit of tazewell county community residents by assisting 501(c)(3) organizations. Tax records are available from 2020 to 2023. The foundation primarily funds organizations in Virginia and Kentucky. According to available records, Tazewell Community Foundation has made 32 grants totaling $1.6M, with a median grant of $40K. The foundation has distributed between $347K and $886K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $886K distributed across 18 grants. Individual grants have ranged from $10K to $175K, with an average award of $51K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Virginia and Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$40K
Average Grant
$49K
Largest Grant
$175K
Based on 9 grants from the most recent 990-PF filing.
To provide funds for the health benefit of tazewell county community residents by assisting 501(c)(3) organizations.
Expenses: $332K
To provide funds for the health benefit of tazewell county community residents by providing scholarships to medical students.
Expenses: $124K
To provide funds for the health benefit of tazewell county community residents by assisting 501(c)(3) organizations. Based on available records, the foundation has funded 32 grants. Its grantmaking reaches organizations primarily in VA, KY.
Tazewell Community Foundation has distributed a total of $1.6M across 32 grants. The median grant size is $40K, with an average of $51K. Individual grants have ranged from $10K to $175K.
The application deadline is APPLICATIONS NEED TO BE SUBMITTED ONE MONTH BEFORE THE NEXT SCHEDULED MEETING OF BOARD OF DIRECTORS.. If an organization, must be exempt under 501(c)(3), meet mission/goals of the foundation, must be located in tazewell county, and must serve the people of tazewell county, va within the primary service area of carilion tazewell community hospital. If an individual, must be seeking a scholarship in a health care field and plan on applying that trade to tazewell county, va.individuals must maintain an un-weighted gpa of 3.0 or better.
Tazewell Community Foundation is headquartered in TAZEWELL, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mr Eric Young | DIRECTOR | $0 | $0 | N/A |
| Mr Chris Wearmouth | CHAIR | $0 | $0 | N/A |
| Ms Christine Kinser | TREASURER | $0 | $0 | N/A |
| Mr James C Thompson | DIRECTOR | $0 | $0 | N/A |
| Mr Eric Whitesell | DIRECTOR | $0 | $0 | N/A |
| Ms Kathryn Dowdy | DIRECTOR | $0 | $0 | N/A |
| Mr Mike Hymes | DIRECTOR | $0 | $0 | N/A |
| Mr Donald Buchanan | DIRECTOR | $0 | $0 | N/A |
| Ms Nellie Stillwell | SECRETARY | $0 | $0 | N/A |
| Ms Linda Mcguire | DIRECTOR | $0 | $0 | N/A |
| Ms Elene Combs | DIRECTOR | $0 | $0 | N/A |
| Mr Stephen Barrett | VICE-CHAIR | $0 | $0 | N/A |
Total Giving
$469K
Total Assets
$8.3M
Fair Market Value
$8.3M
Net Worth
$8.3M
Grants Paid
$409K
Contributions
N/A
Net Investment Income
$309K
Distribution Amount
$398K
Total: $6.6M
Total Grants
32
Total Giving
$1.6M
Average Grant
$51K
Median Grant
$40K
Unique Recipients
12
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Four Seasons Ymca EndowmentENDOWMENT FUND | Tazewell, VA | $80K | 2023 |
| Vcom - Edward Via College Of Osteopathic MedicineEDUCATIONAL | Blacksburg, VA | $75K | 2023 |
| Liberty UniversityEDUCATIONAL | Lynchburg, VA | $55K | 2023 |
| Project 13 ThreeGENERAL OPERATIONS | Tazewell, VA | $50K | 2023 |
| Four Seasons YmcaGENERAL OPERATIONS | Tazewell, VA | $50K | 2023 |
| Emory & Henry CollegeEDUCATIONAL | Emory, VA | $49K | 2023 |
| Appalachian Sustainable DevelopmentGENERAL OPERATIONS | Duffield, VA | $20K | 2023 |
| Child Shall Lead Them Food PantryGENERAL OPERATIONS | Tazewell, VA | $20K | 2023 |
| Communities In Schools Of Southwest Va IncGENERAL OPERATIONS | Bristol, VA | $10K | 2023 |
| University Of Pikeville - Kentucky College Of OptometryEDUCATIONAL | Pikeville, KY | $63K | 2022 |
| Carilion Tazewell Community HospitalSTRESS TESTING EQUIPMENT | Tazewell, VA | $38K | 2022 |
| Edward Via College Of Osteopathic MedicineEDUCATIONAL | Blacksburg, VA | $148K | 2021 |