Charleston Retail Credit Association
CHARLESTON RETAIL CREDIT ASSOCIATIO is a private foundation based in Charleston, West Virginia. Its 2025 filing reports 18 grants totaling $79,000, all to recipients in West Virginia.
Charleston Retail Credit Association at a glance
In short: Charleston Retail Credit Association gave $79K across 18 grants in 2025 (avg $4K), mostly in West Virginia. 22% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $79,000
- -7.1% vs 2024
- Grants made (2025)
- 18
- +12.5% vs 2024
- Average grant
- $4,389
- -17.4% vs 2024
- Median grant
- $3,750
- Total assets
- $1,120,601
- +2.4% vs 2024
- New grantees (estimate)
- 22% first-time grantees (4 of 18, 2025; small sample)
- Primary geography
- West Virginia (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Charleston Retail Credit Association
- How to Apply
-
The 2024 filing says the foundation does not restrict giving to preselected organizations. It describes a grant request form requiring the organization’s name, project and reason for funding, current budget and present funding sources, amount requested and timeframe, effect on the community, documentation of 501(c)(3) status, FEIN, and responsible party details. The filing states there are no particular restrictions, with awards generally limited to West Virginia and Kanawha County.
- Review Cycle
- No specific deadline.
- Deadline
- No specific deadline.
- Contact
Application contact: Crc Foundation
Mailing address: 500 Virginia Street East, Suite 1000, Charleston, WV 25301
Phone: (304) 342-4169
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Charleston Retail Credit Association funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was Capital Market ($10K). Together the top 10 received $66K.
Grant Size Distribution
86 grants across all recorded years
The most common grant size was under $50K: 86 grants of 86 (100%).
Geographic Focus
Where this funder awards grants
The 2024 filing says awards are generally limited to West Virginia and Kanawha County. All grant dollars reported for 2025 went to recipients in West Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 18 itemized grants.
States
Cities
Is Charleston Retail Credit Association open to new grantees?
22%
first-time grantees, 2025
In 2025, 4 of 18 grantees (22%) were first-time recipients. With only 18 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $1K; repeat grants $5K. How we count
Medians: $1K first-time, $6K repeat.
- 78% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+19%). Method
- In 2025 it paid out 113% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $60K (2020) to $85K (2024). In 2025 it made 18 grants totaling $79K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Capital Market Charleston, WV | General Operating Purposes | $10,000 |
| University of Charleston Charleston, WV | General Operating Purposes | $10,000 |
| Fund for the Arts Charleston, WV | General Operating Purposes | $8,000 |
| Buckskin Council Charleston, WV | Various Activities | $7,500 |
| Charleston Light Opera GU Charleston, WV | General Operating Purposes | $6,000 |
| Children's Home Society Charleston, WV | General Operating Purposes | $6,000 |
| WV Public Broadcasting Charleston, WV | General Operating Purposes | $6,000 |
| WVU Foundation College of Law Morgantown, WV | General Support | $5,000 |
| Kanawha Charleston Humane Associati Charleston, WV | General Support | $4,000 |
| Childhood Language Charleston, WV | General Operating Purposes | $3,500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,120,601 | $109,540 | $82,863 | $79,000 | 18 | $80,377 | $47,459 | $71,083 |
| 2024 | $1,093,924 | $45,219 | $88,067 | $85,000 | 16 | $86,735 | $43,614 | $66,678 |
| 2023 | $1,136,772 | $57,717 | $73,431 | $69,450 | 17 | $71,108 | $55,394 | $61,954 |
| 2022 | $1,152,486 | $134,056 | $68,936 | $66,450 | 18 | $67,813 | $44,143 | $64,522 |
| 2021 | $1,087,366 | $39,928 | $65,005 | $61,000 | 17 | — | $37,194 | $59,127 |
| 2020 | $1,112,443 | $303,749 | $65,693 | $59,500 | 16 | — | $298,913 | $51,945 |
Under IRS private-foundation payout rules, Charleston Retail Credit Association reported a distributable amount of $71K for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2025 grants include general operating and general support awards, as well as support for various activities and therapeutic services for children.
The grantees describe their own work as follows: Fund for the Arts says it accumulates donor resources and allocates funds to support artistic and educational endeavors. Buckskin Council says it operates for the benefit of Buckskin Council Boy Scouts of America. Children’s Therapy Clinic says it provides speech, occupational, physical, and music therapies and social skills groups to children from birth to age 18. Kanawha Valley Fellowship Home Inc. says it provides a comprehensive program intended to help residents progress and become contributing members of society.
Grantmaking
In filing year 2025, the foundation made 18 grants totaling $79,000. Grants ranged from $500 to $10,000, with a median of $3,750. Listed recipients included Capital Market ($10,000), University of Charleston ($10,000), Fund for the Arts ($8,000), Buckskin Council ($7,500), Charleston Light Opera Gu ($6,000), Children’s Home Society ($6,000), and WV Public Broadcasting ($6,000). Kanawha Valley Fellowship Home Inc. also received $2,000 in 2025.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Craig Kay as president, Brian Wadsworth as treasurer, David Lanham as secretary, and Dewey E S Kuhns II as director.
Charleston Retail Credit Association is led by Craig Kay, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Craig Kay
President
On filings since 2020
No compensation reported
Dewey E. S. Kuhns II
Director
On filings since 2020
No compensation reported
Brian Wadsworth
Treasurer
On filings since 2020
No compensation reported
David Lanham
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Charleston Retail Credit Association
How much does Charleston Retail Credit Association give each year?
Charleston Retail Credit Association gave $79K across 18 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $85K across 16 grants.
What is Charleston Retail Credit Association's typical grant size?
Charleston Retail Credit Association's median grant in 2025 was $3,750, and its average grant was $4,389, across 18 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Charleston Retail Credit Association that year got $1K on average.
Where does Charleston Retail Credit Association give grants?
Charleston Retail Credit Association gives mostly in West Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Charleston, WV (15 grants).
Does Charleston Retail Credit Association give general operating support?
Yes: 83% of Charleston Retail Credit Association's 2025 grants with a stated purpose (15 of 18) were for general or operating support, per its 2025 IRS Form 990-PF.
Who are Charleston Retail Credit Association's largest grantees?
Charleston Retail Credit Association's largest 2025 grantees include Capital Market ($10,000), University of Charleston ($10,000) and Fund for the Arts ($8,000), according to its 2025 IRS Form 990-PF. Together they received 35% of its itemized 2025 grant dollars.
How large is Charleston Retail Credit Association?
Charleston Retail Credit Association reported $1.1M in total assets on its 2025 IRS Form 990-PF. It paid out $80K in qualifying distributions that year, against a required minimum of $71K (roughly 5% of its investment assets).
What does Charleston Retail Credit Association fund?
No mission statement for the foundation is provided. Its 2025 grants include general operating and general support awards, as well as support for various activities and therapeutic services for children. See mission & focus areas ↑
How do I apply for a grant from Charleston Retail Credit Association?
The 2024 filing says the foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Charleston Retail Credit Association's EIN?
Charleston Retail Credit Association's EIN (Employer Identification Number) is 55-0784025. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2025
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Cite this profile
Grantable. (2026). Charleston Retail Credit Association funder profile. GrantGraph. Retrieved October 5, 2026, from https://grantable.co/funders/charleston-retail-credit-association-morg_ba20d152a2f9458592fa4532c43bf26f
BibTeX
@misc{grantable_550784025_2026,
author = {{Grantable}},
title = {{Charleston Retail Credit Association funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/charleston-retail-credit-association-morg_ba20d152a2f9458592fa4532c43bf26f},
note = {Accessed 2026-10-05. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Charleston Retail Credit Association's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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