The Helen C Cobbs Foundation

Foundation · Grantmaker Roanoke, VA EIN: 27-6251236

The Helen C Cobbs Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Roanoke, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 14 grants totaling $234K. Net investment income was $163K.

Key facts about The Helen C Cobbs Foundation

EIN
27-6251236
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$234,100
Grants made (2024)
14
Average grant
$16,721
Median grant
$13,006
New grantees (estimate)
7% first-time grantees (1 of 14, 2024)
Total assets
$4,499,773
Primary geography
Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology).

Who The Helen C Cobbs Foundation funds

By grant dollars, the top recipient states for The Helen C Cobbs Foundation's 14 itemized 2024 grants were Virginia (100%). The most frequent recipient cities were Roanoke, VA (10 grants) and Salem, VA (4 grants). 79% of grants with a stated purpose were for general or operating support.

Is The Helen C Cobbs Foundation open to new grantees?

7%

first-time grantees, 2024

In 2024, 1 of 14 grantees (7%) were first-time recipients. First grants averaged $3K; repeat grants $18K. How we count

Medians: $3K first-time, $13K repeat.

  • 93% of 2024 grantees were also funded in 2023. Method
  • Giving grew 23% from 2021 to 2024. Method
  • In 2024 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

Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with The Helen C Cobbs Foundation

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$4.5M

-3.8% YoY

Annual Giving

$234K

+9.4% YoY

Grant Count

14

+7.7% YoY

Avg Grant Size

$17K

+1.6% YoY

Under IRS private-foundation payout rules, The Helen C Cobbs Foundation reported a distributable amount of $296K for 2024 — the minimum it must pay out in qualifying distributions.

About The Helen C Cobbs Foundation

Based on IRS filings

The Helen C Cobbs Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Roanoke, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.5M in total assets. In 2024, it awarded 14 grants totaling $234K. Net investment income was $163K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 14 itemized 2024 grant dollars.

States

Cities

RoanokeSalem

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$99K$197K$296K$395K20202021202220232024
Metric202420232022
Total Assets$4,499,773$4,678,577$4,740,271
Revenue$175,218$260,374$285,769
Expenses$303,355$322,068$358,981
Qualifying Distributions$288,387$264,855$295,567
Net Investment Income$162,814$204,581$224,711
Distributable Amount$296,230$274,911$284,341

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$62K$123K$185K$247K18 grants202019 grants202113 grants202213 grants202314 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Presbyterian Community Center Inc: $39KPresbyterian Community CenterInc$39KRoanoke College: $39KRoanoke College$39KFamily Service of Roanoke Valley: $20KFamily Service of RoanokeValley$20KRescue Mission of Roanoke Inc: $20KRescue Mission of Roanoke Inc$20KRoanoke Area Ministries (Ram House): $20KRoanoke Area Ministries (RamHouse)$20KBoys & Girls Clubs of Roanoke Valley Inc: $13KBoys & Girls Clubs of RoanokeValley Inc$13KChild Health Investment Partnership (Chip): $13KChild Health InvestmentPartnership (Chip)$13KFamily Promise of Greater Roanoke: $13KFamily Promise of GreaterRoanoke$13KGirl Scouts of Virginia Skyline Council Inc: $13KGirl Scouts of VirginiaSkyline Council Inc$13KHollins University Corporation: $13KHollins University Corporation$13K

Grant Size Distribution

77 grants across all recorded years

77<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Presbyterian Community Center Inc ($39,017), Roanoke College ($39,017), Family Service of Roanoke Valley ($19,508).

RecipientPurposeAmount
PRESBYTERIAN COMMUNITY CENTER INC Roanoke, VADONATION FOR RENT, ELECTRIC BILLS, & FOOD FOR NEEDY$39,017
ROANOKE COLLEGE Salem, VADONATION FOR GENERAL SUPPORT & COBBS SCHOLARS$39,017
FAMILY SERVICE OF ROANOKE VALLEY Roanoke, VADONATION FOR GENERAL SUPPORT$19,508
RESCUE MISSION OF ROANOKE INC Roanoke, VADONATION FOR BATTERED WOMEN'S PROGRAM$19,508
ROANOKE AREA MINISTRIES (RAM HOUSE) Roanoke, VADONATION FOR RENT, ELECTRIC BILLS, & FOOD FOR NEEDY$19,508
BOYS & GIRLS CLUBS OF ROANOKE VALLEY INC Roanoke, VADONATION FOR GENERAL SUPPORT$13,006
CHILD HEALTH INVESTMENT PARTNERSHIP (CHIP) Roanoke, VADONATION FOR GENERAL SUPPORT$13,006
FAMILY PROMISE OF GREATER ROANOKE Salem, VADONATION FOR GENERAL SUPPORT$13,006
GIRL SCOUTS OF VIRGINIA SKYLINE COUNCIL INC Roanoke, VADONATION FOR GENERAL SUPPORT$13,006
HOLLINS UNIVERSITY CORPORATION Roanoke, VADONATION FOR GENERAL SUPPORT$13,006

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Olin R Melchionna Jr Co Spilman — Trustee: $26KOlin R Melchionna Jr Co…Trustee$26KElizabeth M Melchionna Co Spilman — Trustee: $9KElizabeth M Melchionna…Trustee$9K

From 2024 IRS filing

NameTitleHoursCompensation
Olin R Melchionna Jr Co SpilmanTrustee7.5$25,659
Elizabeth M Melchionna Co SpilmanTrustee2.5$8,553

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Helen C Cobbs Foundation?

The Helen C Cobbs Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Roanoke, VA. It holds $4.5M in total assets as of 2024.

How large is The Helen C Cobbs Foundation?

As of 2024, The Helen C Cobbs Foundation holds $4.5M in total assets with $175K in annual revenue. It awarded 14 grants totaling $234K in 2024.

Where does The Helen C Cobbs Foundation operate?

The Helen C Cobbs Foundation has awarded grants in Virginia.

What size grants does The Helen C Cobbs Foundation award?

In 2024, The Helen C Cobbs Foundation awarded 14 grants totaling $234K — an average of about $17K per grant, based on its IRS Form 990 filings.

How much is The Helen C Cobbs Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Helen C Cobbs Foundation reported a distributable amount of $296K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Helen C Cobbs Foundation's EIN?

The Helen C Cobbs Foundation's EIN (Employer Identification Number) is 27-6251236. IRS Form 990 filing data is available on this page for 2020–2024.

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

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