The James W Perkins Memorial Trust

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.

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.

About The James W Perkins Memorial Trust

Based on IRS filings

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.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Cities

DecaturLebanonMadisonMelfaNorfolkPippa PassesVirginia BeachWilliamsburg

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$58K$115K$173K$230K20202021202220232024
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

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$44K$66K$88K8 grants202010 grants20219 grants20225 grants20235 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2024

WM & MARY MARSHALL WYTHE…$20KEGGLESTON SUMMER CAMP$20KVIRGINIA STAGE COMPANY$13KVIRGINIA WESLEYAN COLLEGE$10KALICE LLOYD COLLEGE$10K

Grant Size Distribution

37 grants across all recorded years

37<$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 include Wm & Mary Marshall Wythe Law Sch ($20,000), Eggleston Summer Camp ($20,000), Virginia Stage Company ($12,500).

RecipientPurposeAmount
VIRGINIA WESLEYAN COLLEGE NORFOLK, VAEDUCATIONAL SCHOLARSHIP FUND$10,000
WM & MARY MARSHALL WYTHE LAW SCH WILLIAMSBURG, VAEDUCATIONAL SCHOLARSHIP FUND$20,000
ALICE LLOYD COLLEGE PIPPA PASSES, KYEDUCATIONAL SCHOLARSHIP FUND$10,000
VIRGINIA STAGE COMPANY NORFOLK, VAEDUCATIONAL SCHOLARSHIP FUND$12,500
EGGLESTON SUMMER CAMP NORFOLK, VAEDUCATIONAL SCHOLARSHIP FUND$20,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
C ARTHUR ROBINSON IITRUSTEE

Frequently Asked Questions

How large is The James W Perkins Memorial Trust?

As of 2024, The James W Perkins Memorial Trust holds $1.9M in total assets with $152K in annual revenue. It awarded 5 grants totaling $73K in 2024.

Where does The James W Perkins Memorial Trust operate?

The James W Perkins Memorial Trust has awarded grants in Georgia, Kentucky, Mississippi, Virginia.

What size grants does The James W Perkins Memorial Trust award?

In 2024, The James W Perkins Memorial Trust awarded 5 grants totaling $73K — an average of about $15K per grant, based on its IRS Form 990 filings.

How much is The James W Perkins Memorial Trust required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The James W Perkins Memorial Trust reported a distributable amount of $94K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

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.

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

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