Bm Stanton Foundation

VIRGINIA BEACH, VA EIN: 54-6191995

Bm Stanton Foundation is a private foundation, based in VIRGINIA BEACH, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $562K in total assets. In 2024, it awarded 9 grants totaling $100K. Net investment income was $190K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$562K

+18.6% YoY

Annual Giving

$100K

-16.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$11K

-16.7% YoY

Under IRS private-foundation payout rules, Bm Stanton Foundation reported a distributable amount of $111K for 2024 — the minimum it must pay out in qualifying distributions.

About Bm Stanton Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $549K (100%)

Georgia $2K (0%)

States

Georgia Virginia

Cities

AshlandAtlantaChesakeakeNorfolkVirginia Beach

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$561,524	$473,312	$469,815
Revenue	$217,476	$183,419	$153,207
Expenses	$129,264	$172,422	$184,768
Qualifying Distributions	$100,409	$122,643	$115,952
Net Investment Income	$190,245	$135,479	$83,619
Distributable Amount	$111,044	$108,352	$109,699

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

54 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Seton Youth Shelters ($63,500), Chesapeake Bay Academy ($10,000), United Way of South Hampton Roads ($10,000).

Recipient	Purpose	Amount
CHESAPEAKE BAY ACADEMY VIRGINIA BEACH, VA	EDUCATION	$10,000
CHESAPEAKE BAY WINE CLASSIC FOUNDATION VIRGINIA BEACH, VA	COMMUNITY	$2,500
NORFOLK SPORTS CLUB CHARITABLE & EDUCATIONAL FOUNDATION NORFOLK, VA	EDUCATION	$1,500
SETON YOUTH SHELTERS VIRGINIA BEACH, VA	COMMUNITY	$63,500
UNITED WAY OF SOUTH HAMPTON ROADS NORFOLK, VA	COMMUNITY SERVICES	$10,000
VIRGINIA AQUARIUM VIRGINIA BEACH, VA	EDUCATIONAL	$1,500
VIRGINIA BEACH COURT-APPOINTED SPECIAL ADVOCATES VIRGINIA BEACH, VA	CHILDREN & YOUTH SERVICES	$5,000
MEALS ON WHEELS OF CHESAPEAKE CHESAKEAKE, VA	COMMUNITY	$5,000
EGGLESTON SERVICES NORFOLK, VA	COMMUNITY	$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DIANE S MONROE	CHAIRMAN OF BOARD	0.5	—
DOROTHY P MANNIX	BOARD MEMBER	—	—
ROBERT M STANTON	BOARD MEMBER	—	—
AMG NATIONAL TRUST BANK	ACTING TRUSTEE	0.5	—

Frequently Asked Questions

How large is Bm Stanton Foundation?

As of 2024, Bm Stanton Foundation holds $562K in total assets with $217K in annual revenue. It awarded 9 grants totaling $100K in 2024.

Where does Bm Stanton Foundation operate?

Bm Stanton Foundation has awarded grants in Georgia, Virginia.

What size grants does Bm Stanton Foundation award?

In 2024, Bm Stanton Foundation awarded 9 grants totaling $100K — an average of about $11K per grant, based on its IRS Form 990 filings.

How much is Bm Stanton Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bm Stanton Foundation reported a distributable amount of $111K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.