Beverly W & Hampton O Powell

Foundation · Grantmaker Hardy, VA EIN: 54-1776363

Beverly W & Hampton O Powell is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hardy, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.6M in total assets. In 2024, it awarded 12 grants totaling $195K. Net investment income was $170K.

Key facts about Beverly W & Hampton O Powell

EIN: 54-1776363
Latest 990 filing: Form 990-PF, 2024
Annual giving (2024): $195,000
Grants made (2024): 12
Average grant: $16,250
Median grant: $14,500
New grantees (estimate): 9% first-time grantees (1 of 11, 2024)
Total assets: $3,587,727
Primary geography: Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who Beverly W & Hampton O Powell funds

By grant dollars, the top recipient states for Beverly W & Hampton O Powell's 12 itemized 2024 grants were Virginia (100%). The most frequent recipient cities were Altavista, VA (7 grants) and Lynchburg, VA (2 grants). 8% of grants with a stated purpose were for general or operating support.

Is Beverly W & Hampton O Powell open to new grantees?

first-time grantees, 2024

In 2024, 1 of 11 grantees (9%) were first-time recipients. First grants averaged $25K; repeat grants $17K. How we count

Medians: $25K first-time, $12K repeat.

82% of 2024 grantees were also funded in 2023. Method
Giving held roughly steady from 2021 to 2024 (+0%). Method
In 2024 it paid out 103% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

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Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3.6M

-0.8% YoY

Annual Giving

$195K

+0.0% YoY

Grant Count

-14.3% YoY

Avg Grant Size

$16K

+16.7% YoY

Under IRS private-foundation payout rules, Beverly W & Hampton O Powell reported a distributable amount of $190K for 2024 — the minimum it must pay out in qualifying distributions.

About Beverly W & Hampton O Powell

Based on IRS filings

Focus Areas

Philanthropy, Voluntarism & Grantmaking

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $195K (100%)

Share of all 12 itemized 2024 grant dollars.

States

Virginia

Cities

AltavistaLynch StationLynchburgHurtRustburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$3,587,727	$3,616,048	$3,647,801
Revenue	$197,010	$190,012	$172,912
Expenses	$225,331	$215,877	$223,951
Qualifying Distributions	$195,000	$195,000	$195,524
Net Investment Income	$169,651	$171,110	$147,682
Distributable Amount	$189,729	$181,666	$188,150

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

69 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Altavista Area YMCA ($60,000 across 2 grants), The Fuller Center for Housing ($25,000), Lynchburg Daily Bread ($21,600).

Recipient	Purpose	Amount
Altavista Area YMCA Altavista, VA	Endowment Fund	$40,000
The Fuller Center for Housing Altavista, VA	Funding for Low-income Housing Projects	$25,000
Lynchburg Daily Bread Lynchburg, VA	Altavista Meals Outreach	$21,600
Altavista Area YMCA Altavista, VA	Annual Fund, Unrestricted	$20,000
Avoca Museum and Historical Society Altavista, VA	Museum Expansion Project, Restricted	$20,000
Centra Health Foundation Lynchburg, VA	Scholarships	$17,000
Campbell County Educational Foundat Rustburg, VA	College and Career Readiness Program to Benefit Altavista-Lynch Station Area Students	$12,000
Three Into One Community Project Altavista, VA	Funding for Various Community Projects	$11,500
Faith Christian Academy Hurt, VA	Funding for Equipment Replacement	$11,300
Claire Parker Foundation Altavista, VA	House Renovation Projects, Restricted	$10,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

Name	Title	Hours	Compensation
John E Lane III	President	2	—
Robert H Gilliam Jr	Secretary-Treas	0.5	—
Shawn Stone	Director	0.5	—
Aubrey H Hall III	Director	0.5	—
Robert L Finch	Director	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Philanthropy, Voluntarism & Grantmaking

Frequently Asked Questions

What is Beverly W & Hampton O Powell?

Beverly W & Hampton O Powell is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Hardy, VA. It holds $3.6M in total assets as of 2024.

How large is Beverly W & Hampton O Powell?

As of 2024, Beverly W & Hampton O Powell holds $3.6M in total assets with $197K in annual revenue. It awarded 12 grants totaling $195K in 2024.

Where does Beverly W & Hampton O Powell operate?

Beverly W & Hampton O Powell has awarded grants in Virginia.

What size grants does Beverly W & Hampton O Powell award?

In 2024, Beverly W & Hampton O Powell awarded 12 grants totaling $195K — an average of about $16K per grant, based on its IRS Form 990 filings.

How much is Beverly W & Hampton O Powell required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Beverly W & Hampton O Powell reported a distributable amount of $190K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.