Coalfield Development Corporation

Public charity · Grantmaker Wayne, WV EIN: 26-3836207

Coalfield Development Corporation is a public charity based in Wayne, West Virginia, formed in 2008. Its stated mission is to address generational poverty in rural communities affected by extractive mono-economies, including through employment-based social enterprises and professional, personal, and academic development for people facing barriers to employment.

Coalfield Development Corporation at a glance

In short: Coalfield Development Corporation gave $836K across 14 grants in 2024 (avg $60K), mostly in West Virginia. Source: 2024 IRS Form 990.

Annual giving (2024)
$836,458
-73.6% vs 2023
Grants made (2024)
14
-51.7% vs 2023
Average grant
$59,747
-45.4% vs 2023
Median grant
$41,250
Total assets
$35,301,312
+40.1% vs 2023
Primary geography
West Virginia (77% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

How to apply to Coalfield Development Corporation

Contact

Mailing address: PO Box 1133, Wayne, WV 25570
Phone: (304) 501-4755

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who Coalfield Development Corporation funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Marshall University Research Corp: $213KMarshall University ResearchCorp$213KAppalachain Voices: $167KAppalachain Voices$167KEconomic Development Greater East: $83KEconomic Development GreaterEast$83KGeneration WV: $80KGeneration WV$80KStep by Step Inc: $73KStep by Step Inc$73KUnlimited Future Inc: $62KUnlimited Future Inc$62KNew Vision Renewable Energy: $53KNew Vision Renewable Energy$53KStepping Stones: $30KStepping Stones$30KOhio University: $20KOhio University$20KRenewall Inc: $15KRenewall Inc$15K

The largest 2024 recipient was Marshall University Research Corp ($213K). Together the top 10 received $794K.

Grant Size Distribution

84 grants across all recorded years

49<$50K20$50–100K11$100–250K2$250–500K2$500K–1M$1–5M$5M+

The most common grant size was under $50K: 49 grants of 84 (58%).

Geographic Focus

Where this funder awards grants

Coalfield Development is based in West Virginia. Of its 2024 grant dollars, 77% went to recipients in West Virginia, 20% to recipients in North Carolina, and 3% to recipients in Ohio.

Grant Distribution by State

7states

Share of 2024 grant dollars across all 14 itemized grants.

Cities

HuntingtonCharlestonMorgantownThe PlainsVallscreekAshlandBooneDuffieldHillsboroPhilippiAshevilleAthensBarboursvilleBereaKenovaLavaletteMatewanShephardstownBeckleyEugene

How Coalfield Development Corporation gives

  • 93% of 2024 grantees were also funded in 2023. Method
  • Giving grew 159% from 2021 to 2024. Method

Estimate from itemized grant lists in IRS Form 990 filings (2024). 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

$0$1M$2M$3M$4M3 grants2020 14 grants2021 24 grants2022 29 grants2023 14 grants2024

From 2020 to 2024, annual grant giving ranged from $231K (2020) to $3.2M (2023). In 2024 it made 14 grants totaling $836K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Marshall University Research Corp Huntington, WV—$212,582
Appalachain Voices Boone, NC—$166,999
Economic Development Greater East Vallscreek, WV—$82,500
Generation WV Charleston, WV—$80,000
Step by Step Inc Charleston, WV—$72,500
Unlimited Future Inc Huntington, WV—$62,283
New Vision Renewable Energy Philippi, WV—$52,500
Stepping Stones Lavalette, WV—$30,000
Ohio University Athens, OH—$20,000
Renewall Inc Huntington, WV—$15,000
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Financial History

Multi-year comparison from IRS filings

The 2024 grant total covered 14 grants; the 2023 total covered 29, and the 2022 total covered 24.

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$35,301,312$23,383,753$16,197,276$836,45814$170,916
2023$25,191,570$11,631,513$13,129,703$3,173,83529$56,277
2022$24,532,193$14,692,090$7,254,683$1,180,48824$-34,636
2021$14,261,514$7,130,153$5,379,122$322,42514$-40,163
2020$11,386,447$6,316,554$4,068,527$230,5743$17,514

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

Coalfield Development says its social enterprises are intended to diversify the regional economy and reduce dependence on coal. Its filing describes work that includes training unemployed people, supporting crew members through paid employment and education, and developing projects in sustainable and regenerative agriculture, clean energy, deconstruction and reuse, and mine-land reclamation. The filing also describes mixed-use, mixed-income community projects and efforts to build employer and nonprofit partnerships.

The 2024 grants show support for a range of organizations. Marshall University Research Corporation describes its mission as charitable education and scientific research. Economic Development Greater East says it cultivates the Greater East’s economic edge through education, entrepreneurship, and innovation in land-based and creative industries, tourism, and the trades. Step by Step Inc. describes work in southern West Virginia involving dialogue, education and the arts, wellness, local leadership, resources, and service. Unlimited Future Inc. says it works to remove barriers to successful business opportunities. New Vision Renewable Energy Inc. describes community development through housing, workforce training, mentorship, and leadership development. Renewall Inc. says it supports historic preservation, neighborhood commercial district revitalization, and small business owners and entrepreneurs. Rural Action Inc. describes its mission as building a more just economy through environmentally, socially, and economically sustainable development.

Grantmaking

In 2024, Coalfield Development reported 14 grants totaling $836,458. Grant sizes ranged from $5,594 to $212,582, with a median grant of $41,250.

The largest reported grants included $212,582 to Marshall University Research Corporation; $166,999 to Appalachian Voices; $82,500 to Economic Development Greater East; $80,000 to Generation WV; $72,500 to Step by Step Inc.; $62,283 to Unlimited Future Inc.; and $52,500 to New Vision Renewable Energy. Other listed recipients included Stepping Stones ($30,000), Ohio University ($20,000), Renewall Inc. ($15,000), High Rocks Educational Corporation ($14,500), and WV Community Development Hub ($13,000).

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Kenzie New-Walker as chair, Joetta Hatfield as vice chair, Chase Thomas as secretary, and Ric MacDowell as treasurer. It lists Phil Granchi, Andrew Dawson, Tommy Adkins, Marilyn McClure-Demers, Clifton Moore, and Ashley Pack as members.

Coalfield Development Corporation is led by Jacob I. Hannah, CEO on the 2024 filing; 5 of 16 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Jacob I. Hannah

    CEO

    New on the 2024 filing

    40 hrs/week

    $101K (2024)

  • Larry Castle

    President Em

    President → President Em, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kenzie New-Walker

    Chair

    Member → Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Brandon M. Dennison

    Executive Di

    Executive Director → Chief Executive Officer, 2021

    Chief Executive Officer → Executive Di, 2022

    On filings since 2020

    40 hrs/week

    $95K (2020) → $86K (2024)

  • Marilyn Wrenn

    Chief Development

    Chief Development Officer → Chief Development, 2022

    On filings since 2020

    40 hrs/week

    $64K (2020) → $85K (2024)

  • Ryan C. Stoner

    Chief Operat

    Chief Operating Officer → Chief Operat, 2022

    On filings since 2020

    40 hrs/week

    $62K (2020) → $69K (2024)

  • Sam Sarcone

    CFO

    Chief Financial Officer → CFO, 2022

    On filings since 2020

    40 hrs/week

    $61K (2020) → $86K (2024)

  • Andrew Dawson

    Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Chase Thomas

    Secretary

    On filings since 2020

    1 hr/week

    No compensation reported

  • Joetta Hatfield

    Vice Chair

    Vice President → Vice Chair, 2023

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marilyn McClure-Demers

    Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ric Macdowell

    Treasurer

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tommy Adkins

    Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Phil Granchi

    Member

    On filings since 2022

    1 hr/week

    No compensation reported

  • Ashley Pack

    Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Clifton Moore

    Member

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (3)
  • Former: Mitzie Russell (2020–2023) — Member
  • Former: Kelli Johnson (2022–2023) — Member
  • Former: Carter Stewart (2020–2021) — Member

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Jacob I Hannah — CEO: $101KJacob I HannahCEO$101KBrandon M Dennison — Executive Di: $86KBrandon M DennisonExecutive Di$86KSam Sarcone — CFO: $86KSam SarconeCFO$86KMarilyn Wrenn — Chief Develo: $85KMarilyn WrennChief Develo$85KRyan C Stoner — Chief Operat: $69KRyan C StonerChief Operat$69K

The highest reported compensation on the 2024 filing was $101K, to Jacob I Hannah (CEO). 5 officers or directors reported compensation on that filing.

Frequently asked questions about Coalfield Development Corporation

How much does Coalfield Development Corporation give each year?

Coalfield Development Corporation gave $836K across 14 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $3.2M across 29 grants.

What is Coalfield Development Corporation's typical grant size?

Coalfield Development Corporation's median grant in 2024 was $41,250, and its average grant was $59,747, across 14 grants on its 2024 IRS Form 990.

Where does Coalfield Development Corporation give grants?

Coalfield Development Corporation gives mostly in West Virginia: 77% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was North Carolina (20%). The most frequent recipient cities were Huntington, WV (3 grants) and Charleston, WV (3 grants).

Who are Coalfield Development Corporation's largest grantees?

Coalfield Development Corporation's largest 2024 grantees include Marshall University Research Corp ($212,582), Appalachain Voices ($166,999) and Economic Development Greater East ($82,500), according to its 2024 IRS Form 990. Together they received 55% of its itemized 2024 grant dollars.

How large is Coalfield Development Corporation?

Coalfield Development Corporation reported $35.3M in total assets on its 2024 IRS Form 990. Its revenue that year was $23.4M.

What does Coalfield Development Corporation fund?

Coalfield Development says its social enterprises are intended to diversify the regional economy and reduce dependence on coal. See mission & focus areas ↑

How do I apply for a grant from Coalfield Development Corporation?

Coalfield Development Corporation has no public application process in the sources Grantable reviewed. Contact the foundation directly before submitting a request.

What is Coalfield Development Corporation's EIN?

Coalfield Development Corporation's EIN (Employer Identification Number) is 26-3836207. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

Data update history

(6)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 14, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS November 11, 2025)
  6. IRS filings on file for fiscal years 2020–2024

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Cite this profile

Grantable. (2026). Coalfield Development Corporation funder profile. GrantGraph. Retrieved October 21, 2026, from https://grantable.co/funders/coalfield-development-corporation-morg_9850c57b6a774c18999d45834e225e36

BibTeX
@misc{grantable_263836207_2026,
  author       = {{Grantable}},
  title        = {{Coalfield Development Corporation funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/coalfield-development-corporation-morg_9850c57b6a774c18999d45834e225e36},
  note         = {Accessed 2026-10-21. 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 Coalfield Development Corporation'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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