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The Bank of Clarke County Foundation

Private foundation · Grantmaker Berryville, VA EIN: 86-3570714 Website

The Bank of Clarke County Foundation is a private foundation based in Berryville, Virginia. The Bank of Clarke’s 2021 annual report says the foundation was launched to address the needs of charities and nonprofits in the bank’s coverage area.

Key facts about The Bank of Clarke County Foundation

In short: The Bank of Clarke County Foundation gave $273K across 215 grants in 2025 (avg $1K), mostly in Virginia. 41% of 2025 grantees were new. Source: 2025 IRS Form 990-PF.

EIN
86-3570714
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$272,836
Grants made (2025)
215
Average grant
$1,269
Median grant
$500
New grantees (estimate)
41% first-time grantees (77 of 186, 2025)
Total assets
$88
Primary geography
Virginia (97% of itemized 2025 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$88

-99.2% YoY

Annual Giving

$273K

+18.2% YoY

Grant Count

215

-2.3% YoY

Avg Grant Size

$1K

+21.0% YoY

Under IRS private-foundation payout rules, The Bank of Clarke County Foundation reported a distributable amount of $2K for 2025 — the minimum it must pay out in qualifying distributions.

Is The Bank of Clarke County Foundation open to new grantees?

41%

first-time grantees, 2025

In 2025, 77 of 186 grantees (41%) were first-time recipients. First grants averaged $1K; repeat grants $2K. How we count

Medians: $500 first-time, $550 repeat.

  • 47% of 2025 grantees were also funded in 2024. Method
  • Giving grew 26% from 2022 to 2025. Method
  • In 2025 it paid out well above its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2021–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s stated purpose at launch was to address the needs of charities and nonprofits in its coverage area. Its 2025 grants include sponsorships and donations to organizations involved in community events, education, culture, and health.

Grantees describe their own missions in varied terms. The Shenandoah Apple Blossom Festival says it provides the festival to the Winchester community. The Shenandoah Valley Discovery Museum says it sparks curiosity and inspires learning through exploration and creative play. The Clarke County Education Foundation says it promotes and expands educational opportunities for students and staff in Clarke County Public Schools.

Grantmaking

In 2025, the foundation awarded 215 grants totaling $272,836. Grant amounts ranged from $75 to $20,000, with a median of $500. Notable awards included $20,000 to the Shenandoah Apple Blossom Festival, $12,500 to the National Association of Women Business Owners, $10,000 to the Shenandoah Valley Discovery Museum, and $10,000 to the Westmoreland Davis Memorial Foundation. Other awards included $5,000 to the Clarke County Education Foundation and $5,000 to Sinclair Health Clinic.

How to Apply

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.

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Geographic Focus

Where this funder awards grants

The 2025 grant dollars went primarily to Virginia recipients (97%); Maryland received 2% and West Virginia 1%. Arizona and the District of Columbia each accounted for 0% as reported. The listed grants include recipients in Berryville, Winchester, Leesburg, Ashburn, and Warrenton, Virginia.

Grant Distribution by State

10states

Share of 2025 grant dollars across all 215 itemized grants.

Cities

WinchesterBerryvilleLeesburgStephens CityBoycePurcellvilleAshburnWarrentonMiddletownFront RoyalMillwoodCharles TownBluemontSterlingFairfaxManassasCross JunctionHarpers FerryLovettsvilleFrederick

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K146 grants2021 154 grants2022 202 grants2023 220 grants2024 215 grants2025

From 2021 to 2025, annual grant giving ranged from $182K (2021) to $273K (2025). In 2025 it made 215 grants totaling $273K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

Shenandoah Valley Discovery Museum: $24K across 3 grantsShenandoah Valley DiscoveryMuseum$24K · 3 grantsShenandoah Apple Blossom Festival: $21K across 2 grantsShenandoah Apple BlossomFestival$21K · 2 grantsNational Association of Women Business Owners: $13KNational Association of WomenBusiness Owners$13KWestmoreland Davis Memorial Foundation: $11K across 2 grantsWestmoreland Davis MemorialFoundation$11K · 2 grantsClarke County Education Foundation: $9K across 3 grantsClarke County EducationFoundation$9K · 3 grantsFoundation of the State Arboretum: $5K across 2 grantsFoundation of the StateArboretum$5K · 2 grantsBerryville Main Street: $5KBerryville Main Street$5KClarke County Ruritan: $5KClarke County Ruritan$5KLoudoun Education Foundation: $5KLoudoun Education Foundation$5KLove Old Town Warrenton: $5KLove Old Town Warrenton$5K

The largest 2025 recipient was Shenandoah Valley Discovery Museum ($24K across 3 grants). Together the top 10 received $103K.

Grant Size Distribution

937 grants across all recorded years

937<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 937 grants of 937 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Shenandoah Apple Blossom Festival Winchester, VAApple Blossom$20,000
National Association of Women Business Owners Fairfax, VA2025 Annual Sponsor Donation$12,500
Shenandoah Valley Discovery Museum Winchester, VAPlayful Palette Art Studio Sponsor$10,000
Westmoreland Davis Memorial Foundation Leesburg, VA2025 Sponsorship$10,000
Shenandoah Valley Discovery Museum Winchester, VAAnnual Donation$8,750
Berryville Main Street Berryville, VAPublic Events Sponsor$5,000
Clarke County Education Foundation Berryville, VAAnnual donation for gala, golf tourney, and casino night$5,000
Clarke County Ruritan Berryville, VAFairground Upkeep$5,000
Loudoun Education Foundation Ashburn, VAOld Ox Rocks Sponsorship$5,000
Love Old Town Warrenton Warrenton, VA2025 Gold Sponsor$5,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants Grant count
2025 $88 $350,991 $361,583 $272,836 215
2024 $10,680 $315,618 $307,199 $230,729 220
2023 $2,261 $317,775 $341,118 $265,168 202
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K$400K2021 2022 2023 2024 2025
Metric202520242023
Total Assets$88$10,680$2,261
Revenue$350,991$315,618$317,775
Expenses$361,583$307,199$341,118
Qualifying Distributions$361,583$307,199$338,858
Net Investment Income$316$314$359
Distributable Amount$1,617$2,225$2,148

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2021 (received by the IRS March 23, 2023)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 28, 2023)
  3. Updated Form 990-PF for fiscal year 2023 (received by the IRS May 8, 2024)
  4. Updated Form 990-PF for fiscal year 2024 (received by the IRS April 15, 2025)
  5. Added Form 990-PF for fiscal year 2025 (received by the IRS May 15, 2026)
  6. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Marianne Schmidt as president and director; Brandon Lorey as director; Kathleen Chappell as treasurer and director; and Mary Bruce Glaize as director.

The Bank of Clarke County Foundation is led by Marianne Schmidt, President & Director on every filing since 2024; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Marianne Schmidt

    President & Director

    On filings since 2024

    No compensation reported

  • Brandon Lorey

    Director

    On filings since 2021

    No compensation reported

  • Kathleen Chappell

    Treasurer & Director

    On filings since 2021

    No compensation reported

  • Mary Bruce Glaize

    Director

    On filings since 2021

    No compensation reported

Former officers (1)
  • Former: John Hudson (2021–2023) — President & Director

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: 2 E Main St, Berryville, VA 22611
Phone: (800) 650-8723
Website: https://bankofclarke.bank

Frequently asked questions about The Bank of Clarke County Foundation

How much does The Bank of Clarke County Foundation give each year?

The Bank of Clarke County Foundation gave $273K across 215 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $231K across 220 grants.

What is The Bank of Clarke County Foundation's typical grant size?

The Bank of Clarke County Foundation's median grant in 2025 was $500, and its average grant was $1,269, across 215 grants on its 2025 IRS Form 990-PF. Organizations receiving their first grant from The Bank of Clarke County Foundation that year got $1K on average.

Where does The Bank of Clarke County Foundation give grants?

The Bank of Clarke County Foundation gives mostly in Virginia: 97% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Winchester, VA (83 grants), Berryville, VA (21 grants), Leesburg, VA (19 grants) and Warrenton, VA (11 grants).

Does The Bank of Clarke County Foundation give general operating support?

Occasionally: 7% of The Bank of Clarke County Foundation's 2025 grants with a stated purpose (15 of 215) were for general or operating support, per its 2025 IRS Form 990-PF. Recurring purposes include "Annual Donation" (18 grants).

Who are The Bank of Clarke County Foundation's largest grantees?

The Bank of Clarke County Foundation's largest 2025 grantees include Shenandoah Valley Discovery Museum ($23,750 across 3 grants), Shenandoah Apple Blossom Festival ($21,000 across 2 grants) and National Association of Women Business Owners ($12,500), according to its 2025 IRS Form 990-PF. Together they received 21% of its itemized 2025 grant dollars.

How large is The Bank of Clarke County Foundation?

The Bank of Clarke County Foundation reported $88 in total assets on its 2025 IRS Form 990-PF. It paid out $362K in qualifying distributions that year, against a required minimum of $2K (roughly 5% of its investment assets).

What does The Bank of Clarke County Foundation fund?

The foundation’s stated purpose at launch was to address the needs of charities and nonprofits in its coverage area. Its 2025 grants include sponsorships and donations to organizations involved in community events, education, culture, and health. See mission & focus areas ↑

How do I apply for a grant from The Bank of Clarke County Foundation?

The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is The Bank of Clarke County Foundation's EIN?

The Bank of Clarke County Foundation's EIN (Employer Identification Number) is 86-3570714. IRS Form 990 filing data is available on this page for 2021–2025.

Does The Bank of Clarke County Foundation accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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