Preservati Family Char Tr Fdn
The Preservati Family Charitable Trust Foundation is a private foundation established in 2008 in West Virginia and headquartered in Princeton, WV. As a family foundation, it focuses on philanthropic giving across education, human services, and emergency services sectors.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$55.0M
+4.4% YoY
Annual Giving
$2.9M
-1.9% YoY
Grant Count
24
+100.0% YoY
Avg Grant Size
$119K
-50.9% YoY
Under IRS private-foundation payout rules, Preservati Family Char Tr Fdn reported a distributable amount of $3.5M for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation's giving priorities include:
- Higher Education — Primary focus area
- Religious Organizations — Support for Catholic churches
- Emergency Services — Grants to volunteer fire departments
- Human Services — Community-based support programs
- Nonprofits — General nonprofit support across multiple states
Grantmaking
How to Apply
** No specific application procedures are detailed in available sources. Interested organizations should contact the foundation directly.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- West Virginia (primary focus)
- Mississippi
- Florida
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $55,005,903 (as of 2024)
- Total Annual Giving: $2,863,000
- Total Revenues: $5,588,008 (FY 2024)
- Total Expenses: $3,090,787 (FY 2024)
- Number of Employees: 0 (foundation operates without staff)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $55,005,903 | $52,681,993 | $49,022,227 |
| Revenue | $5,588,008 | $6,632,083 | $5,524,288 |
| Expenses | $3,090,787 | $3,105,709 | $3,096,657 |
| Qualifying Distributions | $2,876,033 | $2,918,025 | $2,892,004 |
| Net Investment Income | $2,029,120 | $3,527,799 | $2,824,843 |
| Distributable Amount | $3,525,732 | $2,937,866 | $2,852,479 |
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
97 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Schwab Charitable ($825,000), Diocese of Wheeling-charleston ($250,000), Shriners Hospitals for Children ($250,000).
| Recipient | Purpose | Amount |
|---|---|---|
| WARM A HEART GIVE A BED PRINCETON, WV | PROVIDE MEAKS AND CLOTHING FOR NEEDY | $50,000 |
| TENDER MERCIES MINISTRY OF PCTN PRINCETON, WV | 3-DOOR REFRIGERATOR | $50,000 |
| APPALACHIAN TEEN CHALLENGE PRINCETON, WV | WALK-IN FREEZER | $30,000 |
| BLUEFIELD UNION MISSION BLUEFIELD, WV | SURVEILLANCE SYSTEM | $25,000 |
| SCHWAB CHARITABLE ORLANDO, FL | DONOR ADVISED ACCOUNT | $825,000 |
| MCDOWELL COUNTY AMERICAN LEGION POS WELCH, WV | REPLACE LIFT CHAIRS | $15,000 |
| DAILY LIVING MINISTRIES NITRO, WV | OPERATING EXPENSES | $150,000 |
| AMERICAN CANCER SOCIETY INC ATLANTA, GA | OPERATING EXPENSE | $100,000 |
| IMMANUEL BAPTIST CHRUCH PRINCETON, WV | PLAYGROUND EQUIPMENT | $90,000 |
| THE CHILDREN'S HOME SOCIETY OF WV BLUEFIELD, WV | PURCHASE PROPERTY IN PRINCETON | $110,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Richard G Preservati — Trustee
- N Karen Preservati — Trustee
- Arnold D Lively, CPA — Trustee
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RICHARD G PRESERVATI | TRUSTEE | 1 | — |
| KAREN WIMMER | TRUSTEE | 1 | — |
| NICHOLAS S PRESERVATI | TRUSTEE | 1 | — |
Contact Information
Mailing Address: PO Box 103 Princeton, WV 24740-0103
Telephone: 304-425-8195
EIN: 26-6679325
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Preservati Family Char Tr Fdn fund?
The foundation's giving priorities include: • **Higher Education** — Primary focus area • **Religious Organizations** — Support for Catholic churches • **Emergency Services** — Grants to volunteer fire departments • **Human Services** — Community-based support programs • **Nonprofits** — General nonprofit support across multiple states
How do I apply for a grant from Preservati Family Char Tr Fdn?
**Grant Amounts:** Typical awards range from $10,000 to $2,100,000 **Recent Grants (2024):** • Diocese of Wheeling-Charleston: $250,000 (Disaster Relief) • Concord University Foundation: $200,000 (Indoor Practice Facility) • Daily Living Ministries: $150,000 (Operating Expenses) • Princeton Rescue Squad Inc. (amount not specified) **Annual Giving:** Total giving of approximately $2,863,000 in recent fiscal years **Application Process:** No specific application procedures are detailed in availab…
Where does Preservati Family Char Tr Fdn make grants?
The foundation primarily funds organizations in: • West Virginia (primary focus) • Mississippi • Florida
What size grants does Preservati Family Char Tr Fdn award?
In 2024, Preservati Family Char Tr Fdn awarded 24 grants totaling $2.9M — an average of about $119K per grant, based on its IRS Form 990 filings.
How much is Preservati Family Char Tr Fdn required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Preservati Family Char Tr Fdn reported a distributable amount of $3.5M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Preservati Family Char Tr Fdn's EIN?
Preservati Family Char Tr Fdn's EIN (Employer Identification Number) is 26-6679325. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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