Mw Armistead Iii Family Foundation

ROANOKE, VA EIN: 03-0435755

Mw Armistead Iii Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROANOKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 20 grants totaling $143K. Net investment income was $104K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

-2.5% YoY

Annual Giving

$143K

+7.8% YoY

Grant Count

20

-4.8% YoY

Avg Grant Size

$7K

+13.1% YoY

Under IRS private-foundation payout rules, Mw Armistead Iii Family Foundation reported a distributable amount of $149K for 2024 — the minimum it must pay out in qualifying distributions.

About Mw Armistead Iii Family Foundation

Based on IRS filings

Mw Armistead Iii Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROANOKE, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 20 grants totaling $143K. Net investment income was $104K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

AshlandBig IslandBoones MillsBuchananHardyKeswickMonetaRoanokeRocky MountSalemTroy

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$62K$124K$186K$248K20202021202220232024
Metric202420232022
Total Assets$1,734,918$1,779,193$1,713,777
Revenue$124,955$225,142$157,569
Expenses$166,267$158,859$161,720
Qualifying Distributions$142,800$132,519$133,000
Net Investment Income$104,002$199,542$131,956
Distributable Amount$149,335$132,716$134,908

Giving Over Time

Total grant dollars and number of grants per year

$0$36K$71K$107K$143K26 grants202025 grants202122 grants202221 grants202320 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

ROANOKE AREA MINISTRIES$35KGOOD SAMARITAN HOSPICE INC$19KFREE CLINIC OF FRANKLIN …$15KAPPLE RIDGE FARM$10KBRADLEY FREE CLINIC$10KST FRANCIS OF ASSIST SER…$8KOAKLAND SCHOOL$6KSCRUGGS VOLUNTEER FIRE D…$5KHABITAT FOR HUMANITY$5KLOA MEALS ON WHEELS$5K

Grant Size Distribution

114 grants across all recorded years

114<$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 Roanoke Area Ministries ($35,000), Good Samaritan Hospice Inc ($18,800), Free Clinic of Franklin County ($15,000).

RecipientPurposeAmount
APPLE RIDGE FARM ROANOKE, VAOPERATIONS$10,000
ROANOKE AREA MINISTRIES ROANOKE, VAOPERATIONS$35,000
SCRUGGS VOLUNTEER FIRE DEPARTMENT HARDY, VAOPERATIONS$5,000
RONALD MCDONALD HOUSE ROANOKE ROANOKE, VAOPERATIONS$3,000
ST FRANCIS OF ASSIST SERVICE DOG ROANOKE, VAOPERATIONS$7,500
HABITAT FOR HUMANITY ROCKY MOUNT, VAOPERATIONS$5,000
GOOD SAMARITAN HOSPICE INC ROANOKE, VAOPERATIONS$18,800
BRADLEY FREE CLINIC ROANOKE, VAPROJECT ACCESS PROGRAM$10,000
MONETA RESCUE SQUAD MONETA, VAOPERATIONS$3,000
BRAIN INJURY SERVICES OF SW VA ROANOKE, VASUPPORT CASE MGMT FOR$3,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

TCV TRUST AND WEALTH…TRUSTEE$19K

From 2024 filing

NameTitleHoursCompensation
BRAD E MULLINSTREASURER DIRECTOR1
FLEDA A RINGPRESIDENT DIRECTOR1
BRANDON R COMERDIRECTOR1
TCV TRUST AND WEALTH MANAGEMENTTRUSTEE$19,150

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Mw Armistead Iii Family Foundation?

Mw Armistead Iii Family Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ROANOKE, VA. It holds $1.7M in total assets as of 2024.

How large is Mw Armistead Iii Family Foundation?

As of 2024, Mw Armistead Iii Family Foundation holds $1.7M in total assets with $125K in annual revenue. It awarded 20 grants totaling $143K in 2024.

Where does Mw Armistead Iii Family Foundation operate?

Mw Armistead Iii Family Foundation has awarded grants in Virginia.

What size grants does Mw Armistead Iii Family Foundation award?

In 2024, Mw Armistead Iii Family Foundation awarded 20 grants totaling $143K — an average of about $7K per grant, based on its IRS Form 990 filings.

How much is Mw Armistead Iii Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Mw Armistead Iii Family Foundation reported a distributable amount of $149K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Mw Armistead Iii Family Foundation's EIN?

Mw Armistead Iii Family Foundation's EIN (Employer Identification Number) is 03-0435755. 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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