Bassett Furniture Industries Foundation Inc
BASSETT, VA EIN: 54-1652381
Financial Overview
From 2024 IRS Form 990-PF
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
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| 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 .
Who else does Bassett Furniture Industries Foundation Inc fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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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 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Virginia $383K (81%)
North Carolina $85K (18%)
District of Columbia $3K (1%)
Cities
BassettCaryCharlotteHigh PointMartinsvilleRichmondWashington
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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