Investco Foundation

VINTON, VA EIN: 54-1779684

Investco Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VINTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 16 grants totaling $122K. Net investment income was $113K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.2M

+13.8% YoY

Annual Giving

$122K

+22.0% YoY

Grant Count

16

+6.7% YoY

Avg Grant Size

$8K

+14.4% YoY

Under IRS private-foundation payout rules, Investco Foundation reported a distributable amount of $61K for 2024 — the minimum it must pay out in qualifying distributions.

About Investco Foundation

Based on IRS filings

Investco Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VINTON, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.2M in total assets. In 2024, it awarded 16 grants totaling $122K. Net investment income was $113K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

BedfordBig IslandBuchananDanvilleMarionMartinsvilleRoanokeRocky MountSalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$79K$158K$238K$317K20202021202220232024
Metric202420232022
Total Assets$1,245,763$1,094,329$1,014,000
Revenue$287,942$193,173$209,026
Expenses$136,508$112,843$96,412
Qualifying Distributions$123,075$101,025$86,013
Net Investment Income$112,927$30,055$46,991
Distributable Amount$61,018$52,480$47,060

Giving Over Time

Total grant dollars and number of grants per year

$0$31K$61K$92K$122K16 grants202016 grants202117 grants202215 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GODS PIT CREW$35KNATIONAL D-DAY MEMORIAL …$15KFEEDING AMERICA SOUTHWES…$10KBRADLEY FREE CLINIC$10KFREE CLINIC OF FRANKLIN …$10KROANOKE VALLEY SPCA$10KMEL LEAMON FREE CLINIC$10KRESCUE MISSION$5KNEW FREEDOM FARM INC$4KHUNTERS FOR THE HUNGRY$3K

Grant Size Distribution

80 grants across all recorded years

80<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Gods Pit Crew ($35,000), National D-day Memorial Foundation ($15,000), Feeding America Southwest Virginia ($10,000).

RecipientPurposeAmount
COMMUNITY FOUNDATION OF WESTERN VIRGINIA MARTINSVILLE, VAORGANIZED CHARITY$1,000
FEEDING AMERICA SOUTHWEST VIRGINIA SALEM, VAORGANIZED CHARITY$10,000
NATIONAL D-DAY MEMORIAL FOUNDATION BEDFORD, VAORGANIZED CHARITY$15,000
BRADLEY FREE CLINIC ROANOKE, VAORGANIZED CHARITY$10,000
GODS PIT CREW DANVILLE, VAORGANIZED CHARITY$35,000
FREE CLINIC OF FRANKLIN COUNTY ROCKY MOUNT, VAORGANIZED CHARITY$10,000
RESCUE MISSION ROANOKE, VAORGANIZED CHARITY$5,000
ROANOKE VALLEY SPCA ROANOKE, VAORGANIZED CHARITY$10,000
BLUE RIDGE PUBLIC TV ROANOKE, VAORGANIZED CHARITY$2,000
NEW FREEDOM FARM INC BUCHANAN, VAORGANIZED CHARITY$4,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Ronald W ErnestDirector1
Douglas DensmorePresident1
Teresa FlinchumTreasurer1
Dan OverstreetSecretary1
Garland KiddDirector1

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Investco Foundation?

Investco Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in VINTON, VA. It holds $1.2M in total assets as of 2024.

How large is Investco Foundation?

As of 2024, Investco Foundation holds $1.2M in total assets with $288K in annual revenue. It awarded 16 grants totaling $122K in 2024.

Where does Investco Foundation operate?

Investco Foundation has awarded grants in Virginia.

What size grants does Investco Foundation award?

In 2024, Investco Foundation awarded 16 grants totaling $122K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Investco Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Investco Foundation reported a distributable amount of $61K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Investco Foundation's EIN?

Investco Foundation's EIN (Employer Identification Number) is 54-1779684. IRS Form 990 filing data is available on this page for 2020–2024.

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

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