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Also known as: PRESERVATION TRUST INC
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Virginia Hot Springs Preservation Trust Inc. is a private corporation based in IVY, VA. The foundation received its IRS ruling in 2008. It holds total assets of $1.2M. Annual income is reported at $363K. Total assets have grown from $669K in 2011 to $1.1M in 2023. The foundation is governed by 7 officers and trustees. The trust is organized for charitable, scientific, literary, and educational purposes, which may include but are not limited to, sponsoring or supporting cultural programs, educational programs, land management and conservation activities, and such other activities, all for the common good and general social welfare of the residents of the communities of hot springs and warm springs, virginia, and other areas of bath county, virginia. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Virginia. According to available records, Virginia Hot Springs Preservation Trust Inc. has made 20 grants totaling $132K, with a median grant of $5K. Annual giving has decreased from $100K in 2022 to $32K in 2023. Individual grants have ranged from $1K to $10K, with an average award of $7K. The foundation has supported 12 unique organizations. Grants have been distributed to organizations in Virginia and Maryland. Contributions to this foundation are tax-deductible.
Virginia Hot Springs Preservation Trust Inc. reported 20 individual grants totaling $132,000 between 2022 and 2023 across its IRS Form 990-PF filings, with a median grant of $5,000. Half of those grants fell between $5,000 and $10,000. Its largest single grant in the record was $10,000. Its most recent available filing, for fiscal year 2023, reports $64,118 in total giving.
Grantmaking is concentrated in VA, which received 19 of the 20 grants on record (95 percent). Of its 12 distinct grantees, 50 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Allegheny Highlands Trial Club ($20,000), Garth Newel Music Center ($20,000) and Bath County Arts Association ($15,000).
Computed from 20 individual grant records (2022–2023) in this foundation's IRS Form 990-PF Part XV filings, reaching 2 states. Source: IRS 990-PF.
Smallest Grant
$3K
Median Grant
$5K
Average Grant
$6K
Largest Grant
$15K
Based on 7 grants from the most recent 990-PF filing.
Mission to build community and environment conservacy-to educate the community about our environment we live in.
The trust is organized for charitable, scientific, literary, and educational purposes, which may include but are not limited to, sponsoring or supporting cultural programs, educational programs, land management and conservation activities, and such other activities, all for the common good and general social welfare of the residents of the communities of hot springs and warm springs, virginia, and other areas of bath county, virginia. Based on available records, the foundation has funded 20 grants. Its grantmaking reaches organizations primarily in VA, MD.
Virginia Hot Springs Preservation Trust Inc. has distributed a total of $132K across 20 grants. The median grant size is $5K, with an average of $7K. Individual grants have ranged from $1K to $10K.
All requests compatible with the organization's mission are considered.
Virginia Hot Springs Preservation Trust Inc. is headquartered in IVY, VA. While based in VA, the foundation distributes grants to organizations across 2 states.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Ian Ratcliff | TREASURER | $0 | $0 | N/A |
| Charlie Whitaker | SECRETARY | $0 | $0 | N/A |
| Ted Armbrecht | TRUSTEE | $0 | $0 | N/A |
| Elliott Harrigan | TRUSTEE | $0 | $0 | N/A |
| Jil Harris | TRUSTEE | $0 | $0 | N/A |
| Hunter Mccardle | TRUSTEE | $0 | $0 | N/A |
| Massie Valentine | PRESIDENT | $0 | $0 | N/A |
Total Giving
$64K
Total Assets
$1.1M
Fair Market Value
$1.1M
Net Worth
$1.1M
Grants Paid
$44K
Contributions
N/A
Net Investment Income
$28K
Distribution Amount
$52K
Total: $910K
Total Grants
20
Total Giving
$132K
Average Grant
$7K
Median Grant
$5K
Unique Recipients
12
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Foodlore ProvisionsTO HELP PROVIDE LIVE MUSIC FOR FOODLORE | Warm Springs, VA | $10K | 2023 |
| The Christmas MotherGENERAL SUPPORT | Henrico, VA | $5K | 2023 |
| Safehome SystemsSUPPORT EMERGENCY SHELTER | Covington, VA | $5K | 2023 |
| Bath County Arts AssociationART SHOW SPONSORSHIP AND TUITION ASSISTANCE PROGRAM | Hot Springs, VA | $5K | 2023 |
| Bath County Soccer Camp2023 SOCCER CAMP | Hot Springs, VA | $3K | 2023 |
| Valley Elementary SchoolVALLEY ELEMENTARY SCHOOL BACKPACK PROGRAM | Jefferson, MD | $3K | 2023 |
| Healing Springs Baptist ChurchROADSIDE FOOD PANTRY | Hot Springs, VA | $2K | 2023 |
| Bolar Vol Rescue SquadEMS BAGS AND POWER SUPPLY FOR CPR UNIT | Monterey, VA | $1K | 2023 |
| Fireside FarmASSISTANCE FOR SUMMER FARMING PRACTICES | Warm Springs, VA | $10K | 2022 |
| Garth Newel Music CenterALLEGHENY MOUNTAIN STRINGS PROJECT AND EMERGING ARTIST PROGRAM | Hot Springs, VA | $10K | 2022 |
| Allegheny Highlands Trial ClubTRIALS IN BATH COUNTY | Hightown, VA | $10K | 2022 |
| Bath County Christmas Mother IncFUEL PROGRAM | Hot Springs, VA | $5K | 2022 |