George Cruise Charitable Foundation

BLUEFIELD, WV EIN: 62-6214545

George Cruise Charitable Foundation is a private foundation, based in BLUEFIELD, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.2M in total assets. In 2024, it awarded 1 grants totaling $160K. Net investment income was $152K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.2M

-0.5% YoY

Annual Giving

$160K

-7.0% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$160K

-7.0% YoY

Under IRS private-foundation payout rules, George Cruise Charitable Foundation reported a distributable amount of $174K for 2024 — the minimum it must pay out in qualifying distributions.

About George Cruise Charitable Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $846K (100%)

States

West Virginia

Cities

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,194,408	$2,205,556	$2,250,448
Revenue	$176,302	$153,270	$197,094
Expenses	$187,020	$200,030	$214,154
Qualifying Distributions	$162,250	$174,250	$186,732
Net Investment Income	$152,049	$129,546	$173,623
Distributable Amount	$174,253	$166,850	$173,149

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached ($159,500).

Recipient	Purpose	Amount
SEE ATTACHED XX, WV	SCHOLARSHIP	$159,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
FIRST COMMUNITY BANK	TRUSTEE	5	$25,000
JEFFREY L FARMER	SELECTION COMMITTEE	1	—
ANNETTE OSBORNE	SELECTION COMMITTEE	1	—
SAM HILL	SELECTION COMMITTEE	1	—

Frequently Asked Questions

How large is George Cruise Charitable Foundation?

As of 2024, George Cruise Charitable Foundation holds $2.2M in total assets with $176K in annual revenue. It awarded 1 grants totaling $160K in 2024.

Where does George Cruise Charitable Foundation operate?

George Cruise Charitable Foundation has awarded grants in West Virginia.

What size grants does George Cruise Charitable Foundation award?

In 2024, George Cruise Charitable Foundation awarded 1 grants totaling $160K — an average of about $160K per grant, based on its IRS Form 990 filings.

How much is George Cruise Charitable Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, George Cruise Charitable Foundation reported a distributable amount of $174K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is George Cruise Charitable Foundation's EIN?

George Cruise Charitable Foundation's EIN (Employer Identification Number) is 62-6214545. IRS Form 990 filing data is available on this page for 2020–2024.