The 2540 Foundation Trust Under Agreement
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
Share of all 3 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
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
The most common grant size was under $50K: 7 grants of 7 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Main Street United Methodist Church South Boston, VA | Charitable Contribution | $1,688 |
| Tazewell Ministerial Association Tazewell, VA | Charity | $1,687 |
| A Child Shall Lead Tazewell, VA | Charity | $1,687 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
- 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
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.
Here's the math on researching The 2540 Foundation Trust Under Agreement by hand.
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