Irving and Jett Groves Charitable Foundation
Irving and Jett Groves Charitable Foundation is a private foundation, based in MARTINSVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 3 grants totaling $3K. Net investment income was $68K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.6M
+4.0% YoY
Annual Giving
$3K
-97.1% YoY
Grant Count
3
-93.9% YoY
Avg Grant Size
$833.333
-52.7% YoY
About Irving and Jett Groves Charitable Foundation
Based on IRS filings
Irving and Jett Groves Charitable Foundation is a private foundation, based in MARTINSVILLE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.6M in total assets. In 2024, it awarded 3 grants totaling $3K. Net investment income was $68K.
Ready to take the next step with Irving and Jett Groves Charitable Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,566,543 | $1,506,835 | $1,298,430 |
| Revenue | $78,200 | $307,790 | $68,902 |
| Expenses | $21,655 | $97,824 | $86,633 |
| Qualifying Distributions | $4,000 | $86,250 | $73,775 |
| Net Investment Income | $67,764 | $296,704 | $57,116 |
| Distributable Amount | $88,026 | $73,413 | $83,893 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
195 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| IRVING M GROVES III | SECRETARY | 1 | — |
| MATTIE G SHEPPARD | PRESIDENT | 1 | — |
| JETT G WOOD | VICE-PRESIDENT | 1 | — |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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