The Daywood Foundationinc
The Daywood Foundationinc is a private foundation based in Charleston, an individual recipient Its 2024 filing lists grants to organizations working in areas including community support, arts and culture, education, history, and social services.
The Daywood Foundationinc at a glance
In short: The Daywood Foundationinc gave $847K across 54 grants in 2024 (avg $16K), mostly in West Virginia. 8% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $847,272
- -7.8% vs 2023
- Grants made (2024)
- 54
- +0.0% vs 2023
- Average grant
- $15,690
- -7.8% vs 2023
- Median grant
- $10,750
- Total assets
- $18,356,167
- +10.5% vs 2023
- New grantees (estimate)
- 8% first-time grantees (4 of 51, 2024)
- Primary geography
- West Virginia (98% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to The Daywood Foundationinc
- How to Apply
-
The foundation does not restrict giving to preselected organizations. It accepts written requests stating the specific amount and purpose, with verification of exemption under IRC 501(c)(3). Grants are limited to an individual recipient institutions and organizations exempt under IRC 501(c)(3). Contact William Booker.
- Review Cycle
- September 15 for grants funded before the end of that calendar year.
- Deadline
- September 15 for grants funded before the end of that calendar year.
- Contact
Application contact: William Booker
Mailing address: 1500 Chase Tower, Charleston, WV 25301
Phone: (304) 345-8900
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Daywood Foundationinc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was United Way of Central WV ($70K). Together the top 10 received $392K.
Organizations only. It also paid 1 individual scholarship ($30,000), which are not listed by name.
Grant Size Distribution
261 grants across all recorded years
The most common grant size was under $50K: 245 grants of 261 (94%).
Geographic Focus
Where this funder awards grants
The filing states that grants are limited to an individual recipient institutions and organizations exempt under IRC 501(c)(3). In 2024, 98% of grant dollars went to recipients in an individual recipient, 2% to Maryland, and less than 1% to North Carolina.
Grant Distribution by State
Share of 2024 grant dollars across all 54 itemized grants.
Cities
Is The Daywood Foundationinc open to new grantees?
8%
first-time grantees, 2024
In 2024, 4 of 51 grantees (8%) were first-time recipients. First grants averaged $9K; repeat grants $17K. How we count
Medians: $9K first-time, $15K repeat.
- 90% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−12%). Method
- In 2024 it paid out 77% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $619K (2022) to $1.0M (2020). In 2024 it made 54 grants totaling $847K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Central WV Charleston, WV | General Program Support | $70,000 |
| Davis-Stuart Inc Lewisburg, WV | Paving Project | $50,000 |
| Greenbrier Historical Society Lewisburg, WV | Enslaved Quarters Restoration | $48,850 |
| Carnegie Hall Inc Lewisburg, WV | General Programming | $36,000 |
| Greenbrier Valley Theatre Lewisburg, WV | Production Costs | $36,000 |
| Davis & Elkins College Elkins, WV | Scholarship Program | $32,500 |
| West Virginia Symphony Charleston, WV | Concert Season | $30,000 |
| 1 individual scholarship Recipients not named | — | $30,000 |
| Clay Center Charleston, WV | Arts & Science Exhibit/Programming | $25,000 |
| United Way of Greenbrier Valley Lewisburg, WV | General Program Support | $25,000 |
Ready to take the next step with The Daywood Foundationinc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $18,356,167 | $2,680,956 | $934,641 | $847,272 | 54 | $859,490 | $2,615,829 | $1,121,642 |
| 2023 | $16,609,852 | $994,060 | $1,006,863 | $919,000 | 54 | $933,153 | $927,854 | $1,011,521 |
| 2022 | $16,622,655 | $1,150,932 | $719,249 | $619,300 | 44 | $629,293 | $1,094,990 | $1,011,410 |
| 2021 | $16,190,972 | $1,855,762 | $1,055,160 | $964,160 | 55 | $976,763 | $1,797,377 | $1,185,744 |
| 2020 | $15,390,370 | $1,053,797 | $1,090,371 | $1,018,500 | 54 | — | $995,139 | $960,585 |
Under IRS private-foundation payout rules, The Daywood Foundationinc reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants included support for a historical society, performing arts organizations, colleges, community service organizations, and a renewable energy nonprofit. The Greenbrier Historical Society describes its mission as preserving and exhibiting materials related to Greenbrier-area history. Carnegie Hall says it presents and promotes artistic performances and exhibitions, educates the community about the arts, and encourages community participation. Davis & Elkins College describes its mission as preparing and inspiring students for success and thoughtful engagement in the world.
Grantmaking
In 2024, the foundation made 54 grants totaling $847,272. Grant amounts ranged from $650 to $70,000, with a median of $10,750. The largest awards included $70,000 to United Way of Central WV for general program support; $50,000 to Davis-Stuart Inc for a paving project; $48,850 to Greenbrier Historical Society for enslaved quarters restoration; $36,000 to Carnegie Hall for general programming; and $36,000 to Greenbrier Valley Theatre for production costs.
Other notable awards included $32,500 to Davis & Elkins College and $30,000 to an individual recipient Wesleyan College, each for a scholarship program; $30,000 to an individual recipient Symphony for its concert season; and $25,000 to Clay Center for arts and science exhibits and programming. Davis-Stuart describes its mission as helping children and families find spiritual, physical, and emotional wholeness. An individual recipient Wesleyan College describes its work as developing students’ intellectual, ethical, spiritual, and leadership potential.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists William W. Booker as president, Richard E. Ford as vice-president, John R. McGhee Jr. as secretary, and Kimberly Foster as treasurer.
The Daywood Foundationinc is led by William W. Booker, President on every filing since 2020; none of the 4 officers listed in 2024 report compensation.
Officers on the 2024 filing
William W. Booker
President
On filings since 2020
1 hr/week
No compensation reported
John R. McGhee Jr.
Secretary
On filings since 2020
1 hr/week
No compensation reported
Kimberly Foster
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Richard E. Ford
Vice President
On filings since 2020
1 hr/week
No compensation reported
Former officers (1)
- Former: L. Newton Thomas Jr. (2020–2021) — Chairman
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The Daywood Foundationinc
How much does The Daywood Foundationinc give each year?
The Daywood Foundationinc gave $847K across 54 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $919K across 54 grants.
What is The Daywood Foundationinc's typical grant size?
The Daywood Foundationinc's median grant in 2024 was $10,750, and its average grant was $15,690, across 54 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from The Daywood Foundationinc that year got $9K on average.
Where does The Daywood Foundationinc give grants?
The Daywood Foundationinc gives mostly in West Virginia: 98% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Charleston, WV (33 grants), Lewisburg, WV (11 grants), Elkins, WV (2 grants) and Philippi, WV (2 grants).
Does The Daywood Foundationinc give general operating support?
Yes: 33% of The Daywood Foundationinc's 2024 grants with a stated purpose (18 of 54) were for general or operating support, per its 2024 IRS Form 990-PF.
Who are The Daywood Foundationinc's largest grantees?
The Daywood Foundationinc's largest 2024 grantees include United Way of Central WV ($70,000), Davis-Stuart Inc ($50,000) and Greenbrier Historical Society ($48,850), according to its 2024 IRS Form 990-PF. It also paid 1 individual scholarship ($30,000), which are not listed by name. Together they received 20% of its itemized 2024 grant dollars.
How large is The Daywood Foundationinc?
The Daywood Foundationinc reported $18.4M in total assets on its 2024 IRS Form 990-PF. It paid out $859K in qualifying distributions that year, against a required minimum of $1.1M (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does The Daywood Foundationinc fund?
No mission statement for the foundation is provided. Its 2024 grants included support for a historical society, performing arts organizations, colleges, community service organizations, and a renewable energy nonprofit. See mission & focus areas ↑
How do I apply for a grant from The Daywood Foundationinc?
The foundation does not restrict giving to preselected organizations. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Daywood Foundationinc's EIN?
The Daywood Foundationinc's EIN (Employer Identification Number) is 55-6018107. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in The Daywood Foundationinc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
The Greater Kanawha Valley Foundation
Charleston, WV
The Greater Kanawha Valley Foundation funds community needs through priorities including economic development, education, health, arts and culture, and basic needs. Its 2024 grants ranged from $5,075 to $828,533, with a median of $30,000, and generally serve Boone, Clay, Fayette, Kanawha, Lincoln, and Putnam counties in West Virginia. Discretionary applications are by invitation after contacting a Program Officer, though some annual opportunities are open calls.
Assets
$348.4M
Grants
239
Total Given
$13.8M
Encova Foundation of West Virginia
Charleston, WV
The Encova Foundation of West Virginia funds community initiatives, with emphasis on health, education, wellness, children’s success, and community improvement; it primarily supports organizations and projects in West Virginia. Its 2024 grants ranged from $500 to $450,000, with a median of $5,000. The filing says applications are submitted online and that giving is not limited to preselected organizations.
Assets
$51.7M
Grants
89
Total Given
$2.3M
Bernard H and Blanche E Jacobson Foundation
Charleston, WV
The foundation funds education, arts and culture, animal welfare, relief, health, civic improvement, and youth programs, with a preference for organizations in West Virginia or the Kanawha Valley. Its 2025 grants ranged from $5,000 to $50,000, with a median of $15,000. Grant-seekers can contact Trustee Christopher J. Winton; no specific application form is required, and trustees generally consider requests quarterly.
Assets
$4.6M
Grants
25
Total Given
$435K
Truist West Virginia Foundation Inc
Orlando, FL
The Truist West Virginia Foundation funds West Virginia nonprofits working in education and workforce development, economic development, arts and culture, and essential community services, with emphasis on measurable, sustainable impact. Recent grants ranged from $1,500 to $40,000, with a median of $5,000. It offers an online application and lists a December 1 deadline.
Assets
$11.8M
Grants
66
Total Given
$500K
Enterprise Holdings Foundation
Saint Louis, MO
The Enterprise Holdings Foundation supports charitable and educational nonprofits in communities where Enterprise Mobility operates, focusing on health, education, arts, and disaster relief; applicants must be actively supported by an Enterprise Mobility team member, spouse, or domestic partner. Giving varies widely: it reported 9,499 grants in 2024, but its 2025 filing showed one grant of $101.4 million, so that amount is not a typical award. Applications are accepted at any time through eligible Enterprise-affiliated applicants; the Foundation does not limit giving to preselected organizations.
Assets
$594.3M
Grants
1
Total Given
$101.4M
Peoples Bank Foundation
Marietta, OH
Peoples Bank Foundation funds community investment and economic development, youth and education, health and human services, arts and culture, and environmental stewardship, with a particular interest in food assistance. It supports communities in Peoples Bank’s footprint, principally in Ohio, West Virginia, Kentucky, Virginia, Washington, D.C., and Maryland; 2025 grants ranged from $500 to $39,000, with a $2,000 median. It accepts direct applications from eligible 501(c)(3) organizations through an online process, with quarterly application dates listed.
Assets
$2.0M
Grants
253
Total Given
$734K
More similar funders
More Funders in West Virginia
Cite this profile
Grantable. (2026). The Daywood Foundationinc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/the-daywood-foundationinc-morg_e8c402f55bd34fb4991f733e45a608ed
BibTeX
@misc{grantable_556018107_2026,
author = {{Grantable}},
title = {{The Daywood Foundationinc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-daywood-foundationinc-morg_e8c402f55bd34fb4991f733e45a608ed},
note = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Daywood Foundationinc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
The Daywood Foundationinc down — hundreds of funders to go?