The P G and Ruby Hollandsworth Memorial Trust is a private foundation established in 2009 and located in Clarksburg, West Virginia. The organization operates with no employees and functions as a grantmaking foundation providing financial support to charitable organizations and scholarship recipients in the region.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.2M
+0.9% YoY
Annual Giving
$161K
-11.0% YoY
Grant Count
52
-5.5% YoY
Avg Grant Size
$3K
-5.9% YoY
Mission & Focus Areas
The foundation's mission centers on distributing net income (after administrative expenses) to preselected charitable organizations and providing scholarships to recipients. The trust provides grants and scholarships as its primary program activities.
Grantmaking
The foundation appears to make consistent grants to preselected organizations, with recent grants ranging from $16,000 per recipient.
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Geographic Focus
Where this funder awards grants
The foundation operates primarily in West Virginia, with a specific focus on Harrison County and the Clarksburg area. Grant recipients include local organizations serving the immediate region.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of December 31, 2023:
- Total assets: $4,194,545
- Total revenues: $275,674
- Total expenses: $257,246
- Number of employees: 0
The foundation maintains substantial assets relative to its annual giving, indicating a long-term commitment to grantmaking activities.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,232,124 | $4,194,545 | $4,178,761 |
| Revenue | $274,535 | $275,674 | $345,520 |
| Expenses | $250,503 | $257,246 | $255,196 |
| Qualifying Distributions | $185,277 | $203,077 | $201,780 |
| Net Investment Income | $214,366 | $225,755 | $54,457 |
| Distributable Amount | $262,099 | $238,343 | $198,261 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 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 |
|---|---|---|---|
| TERRING M WEAVER | SOLE TRUSTEE | 1.5 | $12,600 |
Subject Areas
Focus areas based on grantmaking activity
Related Funders
Similar funders by location and focus area
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Total Given
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The James H and Alice Teubert
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Assets
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Maude Mccracken Fbo First Christian Christian
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Assets
$210K
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Total Given
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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