The 2540 Foundation Trust Under Agreement

Private foundation · Grantmaker Bluefield, WV EIN: 88-6303227

The 2540 Foundation Trust Under Agreement is a private foundation focused on Human Services, based in Bluefield, WV. IRS filing data is available from 2022 through 2025. As of 2025, the organization holds $100K in total assets. In 2025, it awarded 3 grants totaling $5K. Net investment income was $5K.

Key facts about The 2540 Foundation Trust Under Agreement

In short: The 2540 Foundation Trust Under Agreement gave $5K across 3 grants in 2025 (avg $2K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
88-6303227
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$5,062
Grants made (2025)
3
Average grant
$1,687
Median grant
$1,687
Total assets
$99,835
Primary geography
Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$100K

-0.6% YoY

Annual Giving

$5K

+10.6% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$2K

+10.6% YoY

Under IRS private-foundation payout rules, The 2540 Foundation Trust Under Agreement reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.

How The 2540 Foundation Trust Under Agreement gives

  • Giving held roughly steady from 2022 to 2025 (+1%). Method
  • In 2025 it paid out 97% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 3 itemized 2025 grant dollars.

States

Cities

TazewellNorth TazewellSouth Boston

Giving Over Time

Total grant dollars and number of grants per year

$0$2K$4K$6K1 grants20220 grants20233 grants20243 grants2025

From 2022 to 2025, annual grant giving ranged from $5K (2024) to $5K (2025). In 2025 it made 3 grants totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2025

Main Street United Methodist Church: $2KMain Street United MethodistChurch$2KTazewell Ministerial Association: $2KTazewell MinisterialAssociation$2KA Child Shall Lead: $2KA Child Shall Lead$2K

The largest 2025 recipient was Main Street United Methodist Church ($2K). Together the top 3 received $5K.

Grant Size Distribution

7 grants across all recorded years

7<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 7 grants of 7 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Main Street United Methodist Church South Boston, VACharitable Contribution$1,688
Tazewell Ministerial Association Tazewell, VACharity$1,687
A Child Shall Lead Tazewell, VACharity$1,687

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2022202320242025
Metric202520242023
Total Assets$99,835$100,435$100,938
Revenue$5,930$6,018$3,040
Expenses$6,774$6,247$2,111
Qualifying Distributions$5,468$4,981$454
Net Investment Income$4,711$4,799$1,678
Distributable Amount$5,658$5,520$4,977

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
  2. IRS filings on file for fiscal years 2022–2024

Leadership & Key People

Officers and directors from IRS filings

The 2540 Foundation Trust Under Agreement's 2022 filing lists 4 officers; 1 of 4 officers listed in 2022 is compensated.

Officers on the 2022 filing

The latest filing that lists officers: our copy of the 2023–2025 filings list none.

  • First Community Bank

    Fiduciary Trustee

    New on the 2022 filing

    5 hrs/week

    $728 (2022)

  • Anthony Grills

    Selection Trustee

    New on the 2022 filing

    1 hr/week

    No compensation reported

  • Danny Coulthard

    Selection Trustee

    New on the 2022 filing

    1 hr/week

    No compensation reported

  • Diana Coulthard

    Selection Trustee

    New on the 2022 filing

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2022. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2022 IRS filing

First Community Bank — Fiduciary TTEE: $728First Community BankFiduciary TTEE$728

The highest reported compensation on the 2022 filing was $728, to First Community Bank (Fiduciary TTEE).

Frequently asked questions about The 2540 Foundation Trust Under Agreement

How much does The 2540 Foundation Trust Under Agreement give each year?

The 2540 Foundation Trust Under Agreement gave $5K across 3 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $5K across 3 grants.

What is The 2540 Foundation Trust Under Agreement's typical grant size?

The 2540 Foundation Trust Under Agreement's median grant in 2025 was $1,687, and its average grant was $1,687, across 3 grants on its 2025 IRS Form 990-PF.

Where does The 2540 Foundation Trust Under Agreement give grants?

The 2540 Foundation Trust Under Agreement gives mostly in Virginia: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Tazewell, VA (2 grants).

Does The 2540 Foundation Trust Under Agreement give general operating support?

Not in 2025: none of the 3 grants with a stated purpose on The 2540 Foundation Trust Under Agreement's 2025 IRS Form 990-PF were described as general or operating support.

How large is The 2540 Foundation Trust Under Agreement?

The 2540 Foundation Trust Under Agreement reported $100K in total assets on its 2025 IRS Form 990-PF. It paid out $5K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).

What is The 2540 Foundation Trust Under Agreement?

The 2540 Foundation Trust Under Agreement is a private foundation focused on Human Services, based in Bluefield, WV. It holds $100K in total assets as of 2025.

What is The 2540 Foundation Trust Under Agreement's EIN?

The 2540 Foundation Trust Under Agreement's EIN (Employer Identification Number) is 88-6303227. IRS Form 990 filing data is available on this page for 2022–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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