Heritage Acres I Ltd

ROANOKE, VA EIN: 54-1114920

PRIOR TO 2020, HOUSING SERVICES WERE PROVIDED TO ELDERLY AND HANDICAPPED INDIVIDUALS INCLUDING A 93 UNIT FACILITY IN CAPE CHARLES, VIRGINIA, AND A 40 UNIT FACILITY IN MOUNTAIN CITY, TN. THE DIRECT HOUSING SERVICES WERE TERMINATED IN 2019 WITH THE SALE OF THE HOUSING UNITS. IN ADDITION TO HOUSING FOR THE ELDERLY, THE ORGANIZATION'S ORIGINAL PURPOSES INCLUDED SUPPORTING OTHER EXEMPT PURPOSES. THE ORGANIZATION HAS RESTATED ITS PURPOSES IN 2020 TO INCLUDE THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER CODE SECTION 501(C)(3) AND ALSO TO PROVIDE ELDERLY AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3K

-99.7% YoY

Annual Giving

$37K

Grant Count

1

Avg Grant Size

$37K

About Heritage Acres I Ltd

Based on IRS filings

Heritage Acres I Ltd is a nonprofit organization, based in ROANOKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3K in total assets. In 2024, it awarded 1 grants totaling $37K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Blacksburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$207K$415K$622K$829K20202021202220232024
Metric202420232022
Total Assets$2,723$891,955$907,868
Revenue$-255,109$3,821$18,742
Expenses$754,021$222,691$9,185
Qualifying Distributions
Net Investment Income$-283,964$5,102$15,440
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K1 grants20200 grants20210 grants20220 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

CRANWELL FOUNDATION INC$37K

Grant Size Distribution

2 grants across all recorded years

1<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
C RICHARD CRANWELLPRESIDENT5
ELLEN CRANWELLSR. VICE PRE2
WILLIAM C CRANWELLVICE PRESIDE2
PETER V MARTINTREASURER5

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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