The Davenport Charitable Trust

Private foundation · Grantmaker Danville, VA EIN: 87-2163052

The Davenport Charitable Trust is a private foundation focused on Human Services, based in Danville, VA. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $9.1M in total assets. In 2025, it awarded 6 grants totaling $626K. Net investment income was $603K.

Key facts about The Davenport Charitable Trust

In short: The Davenport Charitable Trust gave $626K across 6 grants in 2025 (avg $104K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
87-2163052
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$625,600
Grants made (2025)
6
Average grant
$104,267
Median grant
$100,000
Total assets
$9,099,705
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

$9.1M

-0.7% YoY

Annual Giving

$626K

+23.6% YoY

Grant Count

6

-14.3% YoY

Avg Grant Size

$104K

+44.2% YoY

Under IRS private-foundation payout rules, The Davenport Charitable Trust reported a distributable amount of $586K for 2025 — the minimum it must pay out in qualifying distributions.

How The Davenport Charitable Trust gives

  • Giving grew 1151% from 2022 to 2025. Method
  • In 2025 it paid out 114% of its IRS minimum distribution (the 5% rule). 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 2025 grant dollars across all 6 itemized grants.

States

Cities

ChathamDanvilleMartinsvilleMidlothianBlacksburgRocky Mount

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K0 grants2021 3 grants2022 7 grants2023 7 grants2024 6 grants2025

From 2022 to 2025, annual grant giving ranged from $50K (2022) to $626K (2025). In 2025 it made 6 grants totaling $626K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

Chatham Rotary Foundation Inc: $201KChatham Rotary Foundation Inc$201KThe Friends of Barnabas Foundation Inc: $128KThe Friends of BarnabasFoundation Inc$128KHargrave Military Academy: $100KHargrave Military Academy$100KCenter for Early Success: $100KCenter for Early Success$100KYoung Life - Pittsylvania County VA: $65KYoung Life - PittsylvaniaCounty VA$65KPatrick & Henry Community College Foundation: $31KPatrick & Henry CommunityCollege Foundation$31K

The largest 2025 recipient was Chatham Rotary Foundation Inc ($201K). Together the top 6 received $626K.

Grant Size Distribution

23 grants across all recorded years

8<$50K8$50–100K7$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 8 grants of 23 (35%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Chatham Rotary Foundation Inc Chatham, VADevelopment of Chatham Walking Trail$201,350
The Friends of Barnabas Foundation Inc Midlothian, VAFunding for comprehensive program for families of children with special needs$127,800
Hargrave Military Academy Chatham, VACreation of Fencing Facility$100,000
Center for Early Success Danville, VAStrengthen Early Intervention Access and Coordination$100,000
Young Life - Pittsylvania County VA Chatham, VAFund Program Events for Children of Pittsylvania County$65,450
Patrick & Henry Community College Foundation Martinsville, VASupport the Early Childhood Education Program$31,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$9,099,705$9,166,638$9,468,928
Revenue$647,268$288,682$99,647
Expenses$714,201$590,972$543,445
Qualifying Distributions$669,219$506,259$464,255
Net Investment Income$603,061$246,323$153,505
Distributable Amount$586,295$551,634$482,404

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 13, 2026)
  2. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

The Davenport Charitable Trust's 2025 filing lists 4 officers; all 4 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Charles H. Majors

    Trustee

    On filings since 2021

    2 hrs/week

    $5K (2022) → $6K (2025)

  • Paul D. Erwin

    Trustee

    On filings since 2021

    2 hrs/week

    $5K (2022) → $6K (2025)

  • R. Stephen Wilkinson

    Trustee

    On filings since 2021

    2 hrs/week

    $5K (2022) → $6K (2025)

  • Atlantic Union Bank

    Trustee

    New on the 2025 filing

    20 hrs/week

    $67K (2025)

Former officers (1)
  • Former: American National Bank (2021–2024) — Trustee

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.

Compensation Overview

From 2025 IRS filing

Atlantic Union Bank — Trustee: $67KAtlantic Union BankTrustee$67KCharles H Majors — Trustee: $6KCharles H MajorsTrustee$6KPaul D Erwin — Trustee: $6KPaul D ErwinTrustee$6KR Stephen Wilkinson — Trustee: $6KR Stephen WilkinsonTrustee$6K

The highest reported compensation on the 2025 filing was $67K, to Atlantic Union Bank (Trustee). 4 officers or directors reported compensation on that filing.

Frequently asked questions about The Davenport Charitable Trust

How much does The Davenport Charitable Trust give each year?

The Davenport Charitable Trust gave $626K across 6 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $506K across 7 grants.

What is The Davenport Charitable Trust's typical grant size?

The Davenport Charitable Trust's median grant in 2025 was $100,000, and its average grant was $104,267, across 6 grants on its 2025 IRS Form 990-PF.

Where does The Davenport Charitable Trust give grants?

The Davenport Charitable Trust 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 Chatham, VA (3 grants).

Does The Davenport Charitable Trust give general operating support?

Not in 2025: none of the 6 grants with a stated purpose on The Davenport Charitable Trust's 2025 IRS Form 990-PF were described as general or operating support.

Who are The Davenport Charitable Trust's largest grantees?

The Davenport Charitable Trust's largest 2025 grantees include Chatham Rotary Foundation Inc ($201,350), The Friends of Barnabas Foundation Inc ($127,800) and Hargrave Military Academy ($100,000), according to its 2025 IRS Form 990-PF. Together they received 69% of its itemized 2025 grant dollars.

How large is The Davenport Charitable Trust?

The Davenport Charitable Trust reported $9.1M in total assets on its 2025 IRS Form 990-PF. It paid out $669K in qualifying distributions that year, against a required minimum of $586K (roughly 5% of its investment assets).

What is The Davenport Charitable Trust?

The Davenport Charitable Trust is a private foundation focused on Human Services, based in Danville, VA. It holds $9.1M in total assets as of 2025.

What is The Davenport Charitable Trust's EIN?

The Davenport Charitable Trust's EIN (Employer Identification Number) is 87-2163052. IRS Form 990 filing data is available on this page for 2021–2025.

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

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