Charleston Retail Credit Associatio

CHARLESTON, WV EIN: 55-0784025

Charleston Retail Credit Associatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, WV. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 18 grants totaling $79K. Net investment income was $47K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$1.1M

+2.4% YoY

Annual Giving

$79K

-7.1% YoY

Grant Count

18

+12.5% YoY

Avg Grant Size

$4K

-17.4% YoY

Under IRS private-foundation payout rules, Charleston Retail Credit Associatio reported a distributable amount of $71K for 2025 — the minimum it must pay out in qualifying distributions.

About Charleston Retail Credit Associatio

Based on IRS filings

Charleston Retail Credit Associatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, WV. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.1M in total assets. In 2025, it awarded 18 grants totaling $79K. Net investment income was $47K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Cities

CeredoCharlestonHansfordMorgantownMount NeboSouth CharlestonWhitesville

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$84K$167K$251K$334K202020212022202320242025
Metric202520242023
Total Assets$1,120,601$1,093,924$1,136,772
Revenue$109,540$45,219$57,717
Expenses$82,863$88,067$73,431
Qualifying Distributions$80,377$86,735$71,108
Net Investment Income$47,459$43,614$55,394
Distributable Amount$71,083$66,678$61,954

Giving Over Time

Total grant dollars and number of grants per year

$0$21K$43K$64K$85K16 grants202017 grants202118 grants202217 grants202316 grants202418 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

CAPITAL MARKET$10KUNIVERSITY OF CHARLESTON$10KFUND FOR THE ARTS$8KBUCKSKIN COUNCIL$8KCHARLESTON LIGHT OPERA GU$6KCHILDREN'S HOME SOCIETY$6KWV PUBLIC BROADCASTING$6KWVU FOUNDATION COLLEGE O…$5KKANAWHA CHARLESTON HUMAN…$4KCHILDHOOD LANGUAGE$4K

Grant Size Distribution

86 grants across all recorded years

86<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Capital Market ($10,000), University of Charleston ($10,000), Fund for the Arts ($8,000).

RecipientPurposeAmount
CHILDRENS THERAPY CLINIC CHARLESTON, WVTHERAPUETIC SERVICES TO NEEDY CHILDR$2,500
FUND FOR THE ARTS CHARLESTON, WVGENERAL OPERATING PURPOSES$8,000
GABRIEL PROJECT OF WV CHARLESTON, WVCOUNSEL LOW INCOME PREGNANT WOMEN$2,000
CHARLESTON LIGHT OPERA GU CHARLESTON, WVGENERAL OPERATING PURPOSES$6,000
BUCKSKIN COUNCIL CHARLESTON, WVVARIOUS ACTIVITIES$7,500
DAVIS CREEK WATERSHED ASSOCIATION CHARLESTON, WVGENERAL OPERATING PURPOSES$500
CAPITAL MARKET CHARLESTON, WVGENERAL OPERATING PURPOSES$10,000
CHILDREN'S HOME SOCIETY CHARLESTON, WVGENERAL OPERATING PURPOSES$6,000
CHILDHOOD LANGUAGE CHARLESTON, WVGENERAL OPERATING PURPOSES$3,500
REA OF HOPE CHARLESTON, WVGENERAL OPERATING PURPOSES$2,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

NameTitleHoursCompensation
CRAIG KAYPRESIDENT
BRIAN WADSWORTHTREASURER
DAVID LANHAMSECRETARY
DEWEY E S KUHNS IIDIRECTOR

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Charleston Retail Credit Associatio?

Charleston Retail Credit Associatio is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in CHARLESTON, WV. It holds $1.1M in total assets as of 2025.

How large is Charleston Retail Credit Associatio?

As of 2025, Charleston Retail Credit Associatio holds $1.1M in total assets with $110K in annual revenue. It awarded 18 grants totaling $79K in 2025.

Where does Charleston Retail Credit Associatio operate?

Charleston Retail Credit Associatio has awarded grants in West Virginia.

What size grants does Charleston Retail Credit Associatio award?

In 2025, Charleston Retail Credit Associatio awarded 18 grants totaling $79K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Charleston Retail Credit Associatio required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Charleston Retail Credit Associatio reported a distributable amount of $71K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Charleston Retail Credit Associatio's EIN?

Charleston Retail Credit Associatio's EIN (Employer Identification Number) is 55-0784025. IRS Form 990 filing data is available on this page for 2020–2025.

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Related Funders

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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