The James W Perkins Memorial Trust

Private foundation · Grantmaker Virginia Beach, VA EIN: 54-6271058

The James W Perkins Memorial Trust is a private foundation, based in Virginia Beach, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.9M in total assets. In 2024, it awarded 5 grants totaling $73K. Net investment income was $133K.

Key facts about The James W Perkins Memorial Trust

In short: The James W Perkins Memorial Trust gave $73K across 5 grants in 2024 (avg $15K), mostly in Virginia. Source: 2024 IRS Form 990-PF.

EIN
54-6271058
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$72,500
Grants made (2024)
5
Average grant
$14,500
Median grant
$12,500
Total assets
$1,909,094
Primary geography
Virginia (86% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.9M

+0.2% YoY

Annual Giving

$73K

+0.0% YoY

Grant Count

5

+0.0% YoY

Avg Grant Size

$15K

+0.0% YoY

Under IRS private-foundation payout rules, The James W Perkins Memorial Trust reported a distributable amount of $94K for 2024 — the minimum it must pay out in qualifying distributions.

How The James W Perkins Memorial Trust gives

  • Giving held roughly steady from 2021 to 2024 (−18%). 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

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

4states

Share of 2024 grant dollars across all 5 itemized grants.

Cities

NorfolkPippa PassesWilliamsburgMelfaMadisonVirginia BeachDecaturLebanon

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K8 grants2020 10 grants2021 9 grants2022 5 grants2023 5 grants2024

From 2020 to 2024, annual grant giving ranged from $61K (2020) to $88K (2021). In 2024 it made 5 grants totaling $73K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

Wm & Mary Marshall Wythe Law Sch: $20KWm & Mary Marshall Wythe LawSch$20KEggleston Summer Camp: $20KEggleston Summer Camp$20KVirginia Stage Company: $13KVirginia Stage Company$13KVirginia Wesleyan College: $10KVirginia Wesleyan College$10KAlice Lloyd College: $10KAlice Lloyd College$10K

The largest 2024 recipient was Wm & Mary Marshall Wythe Law Sch ($20K). Together the top 5 received $73K.

Grant Size Distribution

37 grants across all recorded years

37<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 37 grants of 37 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Wm & Mary Marshall Wythe Law Sch Williamsburg, VAEducational Scholarship Fund$20,000
Eggleston Summer Camp Norfolk, VAEducational Scholarship Fund$20,000
Virginia Stage Company Norfolk, VAEducational Scholarship Fund$12,500
Virginia Wesleyan College Norfolk, VAEducational Scholarship Fund$10,000
Alice Lloyd College Pippa Passes, KYEducational Scholarship Fund$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$100K$200K$300K2020 2021 2022 2023 2024
Metric202420232022
Total Assets$1,909,094$1,905,077$1,908,909
Revenue$152,108$67,800$95,826
Expenses$135,231$113,822$111,652
Qualifying Distributions$72,500$72,500$71,000
Net Investment Income$132,513$86,584$86,476
Distributable Amount$94,276$87,264$90,589

Data update history

When this profile's IRS filing data changed on Grantable

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

Leadership & Key People

Officers and directors from IRS filings

The James W Perkins Memorial Trust is led by C. Arthur Robinson II, Trustee on every filing since 2020 — the only officer listed, and uncompensated.

Officers on the 2024 filing

  • C. Arthur Robinson II

    Trustee

    On filings since 2020

    No compensation reported

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 James W Perkins Memorial Trust

How much does The James W Perkins Memorial Trust give each year?

The James W Perkins Memorial Trust gave $73K across 5 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $73K across 5 grants.

What is The James W Perkins Memorial Trust's typical grant size?

The James W Perkins Memorial Trust's median grant in 2024 was $12,500, and its average grant was $14,500, across 5 grants on its 2024 IRS Form 990-PF.

Where does The James W Perkins Memorial Trust give grants?

The James W Perkins Memorial Trust gives mostly in Virginia: 86% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Kentucky (14%). The most frequent recipient cities were Norfolk, VA (3 grants).

Does The James W Perkins Memorial Trust give general operating support?

Not in 2024: none of the 5 grants with a stated purpose on The James W Perkins Memorial Trust's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Educational Scholarship Fund" (5 grants).

Who are The James W Perkins Memorial Trust's largest grantees?

The James W Perkins Memorial Trust's largest 2024 grantees include Wm & Mary Marshall Wythe Law Sch ($20,000), Eggleston Summer Camp ($20,000) and Virginia Stage Company ($12,500), according to its 2024 IRS Form 990-PF. Together they received 72% of its itemized 2024 grant dollars.

How large is The James W Perkins Memorial Trust?

The James W Perkins Memorial Trust reported $1.9M in total assets on its 2024 IRS Form 990-PF. It paid out $73K in qualifying distributions that year, against a required minimum of $94K (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 is The James W Perkins Memorial Trust's EIN?

The James W Perkins Memorial Trust's EIN (Employer Identification Number) is 54-6271058. IRS Form 990 filing data is available on this page for 2020–2024.

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

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