John C & Ada K Arter Memorial Fund

CHARLESTON, WV EIN: 55-6138362

John C & Ada K Arter Memorial Fund is a private foundation, based in CHARLESTON, WV. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.1M in total assets. In 2024, it awarded 1 grants totaling $150K. Net investment income was $126K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$2.1M

-1.0% YoY

Annual Giving

$150K

+3.7% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$150K

+3.7% YoY

Under IRS private-foundation payout rules, John C & Ada K Arter Memorial Fund reported a distributable amount of $150K for 2024 — the minimum it must pay out in qualifying distributions.

About John C & Ada K Arter Memorial Fund

Based on IRS filings

Ready to take the next step with John C & Ada K Arter Memorial Fund?

Assess fit for your org Draft an LOI Find open RFPs

Geographic Focus

Where this funder awards grants

Grant Distribution by State

West Virginia $783K (100%)

States

West Virginia

Cities

Charleston

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$2,113,393	$2,134,234	$2,221,802
Revenue	$157,247	$84,149	$67,170
Expenses	$178,088	$171,717	$197,321
Qualifying Distributions	$149,826	$144,443	$167,844
Net Investment Income	$126,473	$55,216	$39,733
Distributable Amount	$149,815	$144,160	$153,249

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 Salvation Army ($149,826).

Recipient	Purpose	Amount
SALVATION ARMY CHARLESTON, WV	INCOME DISTRIBUTION	$149,826

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CITY NATIONAL BANK WV	TRUSTEE	—	—

Frequently Asked Questions

How large is John C & Ada K Arter Memorial Fund?

As of 2024, John C & Ada K Arter Memorial Fund holds $2.1M in total assets with $157K in annual revenue. It awarded 1 grants totaling $150K in 2024.

Where does John C & Ada K Arter Memorial Fund operate?

John C & Ada K Arter Memorial Fund has awarded grants in West Virginia.

What size grants does John C & Ada K Arter Memorial Fund award?

In 2024, John C & Ada K Arter Memorial Fund awarded 1 grants totaling $150K — an average of about $150K per grant, based on its IRS Form 990 filings.

How much is John C & Ada K Arter Memorial Fund required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, John C & Ada K Arter Memorial Fund reported a distributable amount of $150K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is John C & Ada K Arter Memorial Fund's EIN?

John C & Ada K Arter Memorial Fund's EIN (Employer Identification Number) is 55-6138362. IRS Form 990 filing data is available on this page for 2020–2024.