E Stuart James Grant Charitable Trust

DANVILLE, VA EIN: 54-6315085

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

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

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

1states

States

Cities

BlairsBrooknealCharlottesvilleChathamDanvilleLexington

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M20202021202220232024
Metric202420232022
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

$0$626K$1M$2M$3M9 grants20209 grants20219 grants202210 grants20239 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

HARGRAVE MILITARY ACADEMY$700KAVERETT UNIVERSITY$500KUNIVERSITY OF VIRGINIA$325KTHE HATCHER CENTER (THE …$260KLIONS CLUB FOUNDATION$200KKIWANIS FOUNDATION$195KRED HILL SHRINE$130KDANVILLE AREA HUMANE SOC…$120KVIRGINIA MILITARY INSTIT…$75K

Grant Size Distribution

46 grants across all recorded years

1<$50K3$50–100K27$100–250K9$250–500K6$500K–1M$1–5M$5M+

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

ATLANTIC UNION BANKTRUSTEE$376K

From 2024 filing

NameTitleHoursCompensation
ATLANTIC UNION BANKTRUSTEE40$375,573

Recent News & Activity

Recent developments and announcements

2020

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 ...

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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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