Charles C & Ruth H Skinner Memorial Trust
Charles C & Ruth H Skinner Memorial Trust is a private foundation, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $60K. Net investment income was $33K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.2M
-2.6% YoY
Annual Giving
$60K
+0.0% YoY
Grant Count
7
+0.0% YoY
Avg Grant Size
$9K
+0.0% YoY
Under IRS private-foundation payout rules, Charles C & Ruth H Skinner Memorial Trust reported a distributable amount of $64K for 2024 — the minimum it must pay out in qualifying distributions.
About Charles C & Ruth H Skinner Memorial Trust
Based on IRS filings
Charles C & Ruth H Skinner Memorial Trust is a private foundation, based in NORFOLK, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 7 grants totaling $60K. Net investment income was $33K.
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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 | $1,230,193 | $1,262,465 | $1,296,037 |
| Revenue | $55,357 | $53,652 | $77,595 |
| Expenses | $87,629 | $87,224 | $97,314 |
| Qualifying Distributions | $65,906 | $65,894 | $73,707 |
| Net Investment Income | $33,418 | $32,322 | $53,988 |
| Distributable Amount | $63,779 | $61,706 | $70,519 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
35 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Childrens Hospital of the Kings Daughters ($8,500), Boys and Girls Club of Hampton Roads ($8,500), Girl Scout Council ($8,500).
| Recipient | Purpose | Amount |
|---|---|---|
| Childrens Hospital of the Kings Daughters Norfolk, VA | For purpose of listed organization | $8,500 |
| Boys and Girls Club of Hampton Roads Norfolk, VA | For purpose of listed organization | $8,500 |
| Girl Scout Council Chesapeake, VA | For the purpose of the listed organizaton | $8,500 |
| Tidewater Council of Boy Scouts Virginia Beach, VA | For the purpose of the listed organization | $8,500 |
| United Way of South Hampton Roads Norfolk, VA | For the purpose of the listed organization | $8,500 |
| Larchmont United Methodist Church Norfolk, VA | For purpose of listed organization | $8,500 |
| Optimist Club of Norfolk St Louis, MO | For purpose of listed organization | $8,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| James B Covington | Trustee | 2 | $4,891 |
| Jerome D Crain | Trustee | 2 | $4,890 |
| Steven E Frazier | Trustee | 0.25 | $300 |
Frequently Asked Questions
How large is Charles C & Ruth H Skinner Memorial Trust?
As of 2024, Charles C & Ruth H Skinner Memorial Trust holds $1.2M in total assets with $55K in annual revenue. It awarded 7 grants totaling $60K in 2024.
Where does Charles C & Ruth H Skinner Memorial Trust operate?
Charles C & Ruth H Skinner Memorial Trust has awarded grants in Missouri, Virginia.
What size grants does Charles C & Ruth H Skinner Memorial Trust award?
In 2024, Charles C & Ruth H Skinner Memorial Trust awarded 7 grants totaling $60K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is Charles C & Ruth H Skinner Memorial Trust required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Charles C & Ruth H Skinner Memorial Trust reported a distributable amount of $64K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Charles C & Ruth H Skinner Memorial Trust's EIN?
Charles C & Ruth H Skinner Memorial Trust's EIN (Employer Identification Number) is 54-6228993. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Charles C & Ruth H Skinner Memorial Trust's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.