Buchanan 1st Presbyt Church Foundation

GRUNDY, VA EIN: 54-1966705

Buchanan 1st Presbyt Church Foundation is a private foundation focused on Religion Related, based in GRUNDY, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $86K in total assets. In 2024, it awarded 1 grants totaling $8K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$86K

-9.0% YoY

Annual Giving

$8K

-58.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$8K

-58.3% YoY

Under IRS private-foundation payout rules, Buchanan 1st Presbyt Church Foundation reported a distributable amount of $4K for 2024 — the minimum it must pay out in qualifying distributions.

About Buchanan 1st Presbyt Church Foundation

Based on IRS filings

Focus Areas

Religion Related

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $90K (100%)

States

Virginia

Cities

Grundy

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$85,622	$94,115	$107,562
Revenue	$132	$5,720	$5,658
Expenses	$8,625	$19,167	$20,026
Qualifying Distributions	$7,500	$18,000	$20,000
Net Investment Income	—	—	$58
Distributable Amount	$4,343	—	$5,723

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

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Buchanan First Presbyterian Church ($7,500).

Recipient	Purpose	Amount
BUCHANAN FIRST PRESBYTERIAN CHURCH GRUNDY, VA	CHURCH - SUPPORT GENERAL MISSION	$7,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JAMES O BUNN	PRESIDENT	—	—
S T MULLINS	SEC/TREASURER	—	—
LUCY G BOWMAN	DIRECTOR	—	—

Subject Areas

Focus areas based on grantmaking activity

Religion Related

Frequently Asked Questions

What is Buchanan 1st Presbyt Church Foundation?

Buchanan 1st Presbyt Church Foundation is a private foundation focused on Religion Related, based in GRUNDY, VA. It holds $86K in total assets as of 2024.

How large is Buchanan 1st Presbyt Church Foundation?

As of 2024, Buchanan 1st Presbyt Church Foundation holds $86K in total assets with $132 in annual revenue. It awarded 1 grants totaling $8K in 2024.

Where does Buchanan 1st Presbyt Church Foundation operate?

Buchanan 1st Presbyt Church Foundation has awarded grants in Virginia.

What size grants does Buchanan 1st Presbyt Church Foundation award?

In 2024, Buchanan 1st Presbyt Church Foundation awarded 1 grants totaling $8K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Buchanan 1st Presbyt Church Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Buchanan 1st Presbyt Church Foundation reported a distributable amount of $4K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Buchanan 1st Presbyt Church Foundation's EIN?

Buchanan 1st Presbyt Church Foundation's EIN (Employer Identification Number) is 54-1966705. IRS Form 990 filing data is available on this page for 2020–2024.