Hugh I Shott Jr Foundation Inc
The Hugh I Shott Jr Foundation Inc is a private foundation based in Bluefield, West Virginia. Its primary goal is to improve the social and economic quality of life in the original trade area of the Bluefield Daily Telegraph.
Hugh I Shott Jr Foundation Inc at a glance
In short: Hugh I Shott Jr Foundation Inc gave $2.7M across 22 grants in 2025 (avg $121K), mostly in West Virginia. 44% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $2,665,329
- +26.5% vs 2024
- Grants made (2025)
- 22
- +22.2% vs 2024
- Average grant
- $121,151
- +3.5% vs 2024
- Median grant
- $100,000
- Total assets
- $54,160,326
- +5.8% vs 2024
- New grantees (estimate)
- 44% first-time grantees (7 of 16, 2025; small sample)
- Primary geography
- West Virginia (80% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Hugh I Shott Jr Foundation Inc
- How to Apply
-
The filing states that the application form is located at the foundation office. Awards are limited to southwest Virginia and southern West Virginia.
- Contact
Application contact: The Hugh I Shott Jr Foundation Inc
Mailing address: 622 Commerce Street, Bluefield, WV 24701
Phone: (304) 809-1106
Website: https://shottfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Hugh I Shott Jr Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
The largest 2025 recipient was City of Bluefield WV ($1.1M across 7 grants). Together the top 10 received $2.5M.
Grant Size Distribution
101 grants across all recorded years
The most common grant size was under $50K: 44 grants of 101 (44%).
Geographic Focus
Where this funder awards grants
The foundation’s website identifies its original trade area as Mercer, McDowell, Raleigh, and Wyoming counties in southern West Virginia, and Bland, Tazewell, and Buchannon counties in southwestern Virginia. In 2025, 80% of grant dollars went to recipients in West Virginia and 20% to recipients in Virginia.
Grant Distribution by State
Share of 2025 grant dollars across all 22 itemized grants.
States
Cities
Is Hugh I Shott Jr Foundation Inc open to new grantees?
44%
first-time grantees, 2025
In 2025, 7 of 16 grantees (44%) were first-time recipients. With only 16 grantees, that is a small sample: one grantee more or less moves the share by about 6 points. First grants averaged $75K; repeat grants $238K. How we count
Medians: $49K first-time, $110K repeat.
- 6% of 2025 grantees were also funded in 2024. Method
- Giving held roughly steady from 2022 to 2025 (+6%). Method
- In 2025 it paid out 110% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2025). 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
From 2020 to 2025, annual grant giving ranged from $2.1M (2024) to $2.7M (2025). In 2025 it made 22 grants totaling $2.7M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bluefield University Bluefield, VA | Alumni Hall Dormitory Renovation | $400,000 |
| City of Bluefield WV Bluefield, WV | Lotito Park Improvements | $397,215 |
| City of Bluefield WV Bluefield, WV | Engineering and design costs on former mercer nursing home | $200,000 |
| City of Princeton Princeton, WV | Recreation Complex - First Installment | $200,000 |
| WVU Foundation Morgantown, WV | WVU Rockefeller Neuroscience Institute Equipment Fund | $200,000 |
| Bluefield WV Economic Development Authority Bluefield, WV | Capital Improvements on Former Wilson Media Building | $180,000 |
| Tazewell County VA Tazewell, VA | Recreational Development | $130,000 |
| City of Bluefield WV Bluefield, WV | Tandem Truck | $125,000 |
| Bluefield State University Bluefield, WV | 2025 Grant Award | $109,970 |
| Helpful Harvest Food Bank Inc Athens, WV | Construction of Farm and Community Center | $101,459 |
Ready to take the next step with Hugh I Shott Jr Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $54,160,326 | $6,957,031 | $3,325,992 | $2,665,329 | 22 | $2,720,355 | $6,386,372 | $2,462,939 |
| 2024 | $51,211,646 | $1,569,476 | $2,628,714 | $2,106,797 | 18 | $2,124,691 | $1,156,360 | $2,490,343 |
| 2023 | $48,344,742 | $3,979,327 | $2,670,826 | $2,273,871 | 12 | $2,317,344 | $3,629,673 | $2,189,017 |
| 2022 | $44,787,116 | $883,624 | $2,923,638 | $2,506,963 | 25 | $2,551,632 | $606,623 | $2,365,201 |
| 2021 | $54,314,234 | $1,004,941 | $2,729,398 | $2,297,228 | 24 | $2,337,498 | $619,032 | $2,551,205 |
| 2020 | $50,123,515 | $2,204,347 | $2,622,136 | $2,191,913 | 20 | — | $1,846,203 | $2,208,325 |
Under IRS private-foundation payout rules, Hugh I Shott Jr Foundation Inc reported a distributable amount of $2.5M for 2025 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s website describes its primary goal as improving quality of life in the original trade area of the Bluefield Daily Telegraph. It identifies that area as Mercer, McDowell, Raleigh, and Wyoming counties in southern West Virginia, and Bland, Tazewell, and Buchannon counties in southwestern Virginia.
Its 2025 grants included support for a university dormitory renovation, park and recreation projects, neuroscience institute equipment, economic development building improvements, a food bank community center, and municipal vehicle replacement.
Among its grantees, Bluefield University describes its mission as offering a challenging Christ-centered liberal arts experience that integrates liberal arts with career-oriented studies and service. Child Protect of Mercer County describes its mission as supporting children and strengthening family relationships through child advocacy and family resource services.
Grantmaking
In 2025, the foundation reported 22 grants totaling $2,665,329. Grant amounts ranged from $9,800 to $400,000, with a median of $100,000.
The largest reported grants included $400,000 to Bluefield University for an Alumni Hall dormitory renovation; $397,215 to the City of Bluefield for Lotito Park improvements; $200,000 to the City of Bluefield for engineering and design costs on the former Mercer Nursing Home; $200,000 to the City of Princeton for the first installment of a recreation complex; and $200,000 to the WVU Foundation for equipment for the WVU Rockefeller Neuroscience Institute. Other large grants included $180,000 to the Bluefield WV Economic Development Authority for capital improvements to the former Wilson Media Building and $130,000 to Tazewell County, Virginia, for recreational development.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists John H Shott as president; BK Satterfield as vice president; James H Shott III as secretary; Andrew Shott as treasurer; and W Chandler Swope, Michael R Shott, Jason Shott, and Allen Peacock as directors.
Hugh I Shott Jr Foundation Inc is led by John H. Shott, President on every filing since 2020; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
John H. Shott
President
On filings since 2020
1 hr/week
No compensation reported
Jason Shott
Director
On filings since 2020
1 hr/week
No compensation reported
Michael R. Shott
Director
On filings since 2020
1 hr/week
No compensation reported
W. Chandler Swope
Director
On filings since 2020
1 hr/week
No compensation reported
Allen Peacock
Director
On filings since 2024
1 hr/week
No compensation reported
Bk Satterfield
Vice President
Treasurer → Vice President, 2024
On filings since 2020
1 hr/week
No compensation reported
James H. Shott III
Secretary
On filings since 2020
1 hr/week
No compensation reported
Andrew Shott
Treasurer
Director → Treasurer, 2025
On filings since 2024
1 hr/week
No compensation reported
Former officers (5)
- Former: Frank W. Wilkinson (2020–2024) — Past Vice President
- Former: J. Ronald Hypes (2024) — Treasurer
- Former: Ronnie Hypes (2020–2023) — Director
- Former: Charlie Cole (2021–2023) — Director
- Former: Cahrile Cole (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Hugh I Shott Jr Foundation Inc
How much does Hugh I Shott Jr Foundation Inc give each year?
Hugh I Shott Jr Foundation Inc gave $2.7M across 22 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $2.1M across 18 grants.
What is Hugh I Shott Jr Foundation Inc's typical grant size?
Hugh I Shott Jr Foundation Inc's median grant in 2025 was $100,000, and its average grant was $121,151, across 22 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from Hugh I Shott Jr Foundation Inc that year got $75K on average.
Where does Hugh I Shott Jr Foundation Inc give grants?
Hugh I Shott Jr Foundation Inc gives mostly in West Virginia: 80% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Virginia (20%). The most frequent recipient cities were Bluefield, WV (11 grants), Princeton, WV (3 grants) and Bluefield, VA (2 grants).
Does Hugh I Shott Jr Foundation Inc give general operating support?
Not in 2025: none of the 22 grants with a stated purpose on Hugh I Shott Jr Foundation Inc's 2025 IRS Form 990-PF were described as general or operating support.
Who are Hugh I Shott Jr Foundation Inc's largest grantees?
Hugh I Shott Jr Foundation Inc's largest 2025 grantees include City of Bluefield WV ($1,062,215 across 7 grants), Bluefield University ($400,000) and City of Princeton ($200,000), according to its 2025 IRS Form 990-PF. Together they received 62% of its itemized 2025 grant dollars.
How large is Hugh I Shott Jr Foundation Inc?
Hugh I Shott Jr Foundation Inc reported $54.2M in total assets on its 2025 IRS Form 990-PF. It paid out $2.7M in qualifying distributions that year, against a required minimum of $2.5M (roughly 5% of its investment assets).
What does Hugh I Shott Jr Foundation Inc fund?
The foundation’s website describes its primary goal as improving quality of life in the original trade area of the Bluefield Daily Telegraph. See mission & focus areas ↑
How do I apply for a grant from Hugh I Shott Jr Foundation Inc?
The filing states that the application form is located at the foundation office. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Hugh I Shott Jr Foundation Inc's EIN?
Hugh I Shott Jr Foundation Inc's EIN (Employer Identification Number) is 55-0650833. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 21, 2026)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Hugh I Shott Jr Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
K B Tierney Charitable Foundation Trust
Bluefield, WV
The foundation supports organizations in West Virginia, Kentucky, and Virginia across areas including equestrian events, arts and culture, education, and community support. Its 2025 grants ranged from $1,000 to $35,000, with a median of $3,000. It funds only preselected organizations and does not accept unsolicited requests.
Assets
$2.0M
Grants
16
Total Given
$109K
Skewes Family Foundation
Blue Ridge, VA
The Skewes Family Foundation supports community organizations working in health, environment, arts, education, and human services, including operating, program, and capital projects in Mercer, McDowell, and Wyoming counties in West Virginia and Tazewell and Bland counties in Virginia. In 2025, grants ranged from $1,000 to $80,000, with a median of $5,000. It accepts unsolicited requests; applicants should submit a letter describing their tax-exempt status and charitable program.
Assets
$4.9M
Grants
36
Total Given
$281K
Timken Foundation of Canton
Canton, OH
The Timken Foundation of Canton makes capital grants for charitable and educational projects, including arts, higher education, housing, social services, and community facilities; most 2025 funding went to Ohio, with awards also reaching other states and India. Its 2025 grants ranged from $1,026 to $2.5 million, with a median of $65,000. It accepts submissions without a required form or deadline; contact Robert R. Timken and include proof of 501(c)(3) status.
Assets
$145.2M
Grants
111
Total Given
$19.5M
Community Foundation of the Virginias Inc
Bluefield, WV
The Community Foundation of the Virginias funds eligible nonprofits and public institutions working in education, health, arts and culture, human services, beautification, youth, and recreation in Mercer County, West Virginia; Tazewell County, Virginia; and nearby areas. In 2024, its 23 grants ranged from $6,062 to $80,000, with a median of $12,769. It offers an annual application-based grants cycle; its website provides guidelines and an application, but does not explicitly state whether it accepts unsolicited requests.
Assets
$15.4M
Grants
23
Total Given
$483K
The H P and Anne S Hunnicutt
Princeton, WV
The foundation supports a broad range of community needs, including local government, education, churches, libraries, animal services, and community organizations, primarily in southern West Virginia. Its 2025 grants ranged from $20 to $425,000, with a median grant of $5,000. It accepts written applications and does not limit giving to preselected organizations.
Assets
$6.0M
Grants
42
Total Given
$1.4M
The Paul & Carol Cole Foundation Inc
Bluefield, WV
The Paul & Carol Cole Foundation supports a range of community, education, facility, arts, and civic projects, primarily in West Virginia, especially Bluefield and Mercer County. Its 2026 grants ranged from $3,290 to $60,000, with a median of $7,500. It accepts unsolicited requests; its 2025 filing advises applicants to contact the foundation.
Assets
$4.7M
Grants
11
Total Given
$254K
More similar funders
More Funders in West Virginia
Cite this profile
Grantable. (2026). Hugh I Shott Jr Foundation Inc funder profile. GrantGraph. Retrieved October 7, 2026, from https://grantable.co/funders/hugh-i-shott-jr-foundation-inc-morg_934b8c93996546988b2b4cc6c3f21886
BibTeX
@misc{grantable_550650833_2026,
author = {{Grantable}},
title = {{Hugh I Shott Jr Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/hugh-i-shott-jr-foundation-inc-morg_934b8c93996546988b2b4cc6c3f21886},
note = {Accessed 2026-10-07. 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 Hugh I Shott Jr Foundation Inc'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.
Hugh I Shott Jr Foundation Inc down — hundreds of funders to go?