E Stuart James Grant Charitable Trust
The E Stuart James Grant Charitable Trust is a private foundation based in Danville, Virginia. Established in 1992, the trust was created from the estate of E. Stuart James Grant, the former owner and publisher of the Danville Register & Bee, who passed away in 1990. The trust is administered by Atlantic Union Bank (formerly American National Bank and Trust Co.).
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$36.0M
+15.0% YoY
Annual Giving
$2.5M
+12.9% YoY
Grant Count
9
-10.0% YoY
Avg Grant Size
$278K
+25.4% YoY
Mission & Focus Areas
The trust supports a preselected group of charitable organizations across the Danville region. According to its stated giving priorities, the foundation provides support to:
- Averett University
- Hargrave Military Academy
- University of Virginia
- Virginia Military Institute
- Danville Area Humane Society
- The Hatcher Center
- Red Hill Shrine
- Lions Club
- Kiwanis Club
The foundation's giving focuses on education, philanthropy, voluntarism, and professional societies and associations, primarily in Virginia.
Grantmaking
The foundation made 9 grants in 2024, with a median grant size of $200,000 and a range from $75,000 to $700,000.
Grant Range
of $200,000 and a range from $75,000 to $700,000.
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation's giving is concentrated in Virginia, with particular emphasis on the Danville area and regional institutions.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 2024:
- Total Assets: $35,958,054
- Total Giving: $2,504,773
- Total Revenues: $7,628,974
- Total Expenses: $2,928,790
- Number of Employees: 1
As of December 2023:
- Total Assets: $44,000,000 (approximately)
- Total Distributions: $2,400,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $35,958,054 | $31,257,870 | $32,528,259 |
| Revenue | $7,628,974 | $1,322,544 | $1,063,238 |
| Expenses | $2,928,790 | $2,601,272 | $2,715,191 |
| Qualifying Distributions | $2,669,252 | $2,368,233 | $2,463,597 |
| Net Investment Income | $7,372,155 | $1,089,505 | $847,185 |
| Distributable Amount | $2,244,824 | $2,097,386 | $2,906,649 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
46 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Atlantic Union Bank – Trustee (40 hours/week, $376,000 annual compensation as of 2024)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ATLANTIC UNION BANK | TRUSTEE | 40 | $375,573 |
Recent News & Activity
Recent developments and announcements
In October 2020, Averett University renamed its North Campus to the Averett University E. Stuart James Grant North Campus in recognition of the trust's substantial support. As of that announcement, the trust had provided Averett University with a combined $18.5 million over 27 years. The trust has funded numerous capital and programmatic projects at Averett, including faculty technology training and recruitment, student center construction, nursing program start-up funding, Main Hall renovations, and the E. Stuart James Grant Center.
Averett renames North Campus as E. Stuart James Grant North ...Related Funders
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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