Bassett Furniture Industries Foundation Inc
Bassett Furniture Industries Foundation Inc is a private foundation, based in BASSETT, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $755K in total assets. In 2024, it awarded 1 grants totaling $15K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$755K
-1.6% YoY
Annual Giving
$15K
-87.8% YoY
Grant Count
1
-88.9% YoY
Avg Grant Size
$15K
+10.2% YoY
About Bassett Furniture Industries Foundation Inc
Based on IRS filings
Bassett Furniture Industries Foundation Inc is a private foundation, based in BASSETT, VA. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $755K in total assets. In 2024, it awarded 1 grants totaling $15K. Net investment income was $5K.
Ready to take the next step with Bassett Furniture Industries Foundation Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $754,831 | $767,155 | $864,659 |
| Revenue | $17,800 | $35,124 | $150,342 |
| Expenses | $23,195 | $130,744 | $261,182 |
| Qualifying Distributions | $15,000 | $122,500 | $250,000 |
| Net Investment Income | $4,605 | $10,545 | $7,304 |
| Distributable Amount | — | $51,256 | $77,606 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
32 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Robert H Spilman Jr | President | 0.1 | — |
| Edward White | Officer | 0.1 | — |
| J Michael Daniel | Officer | 0.1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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