The William T Hancock Charitable Foundation
The William T Hancock Charitable Foundation is a private foundation, based in Bluefield, WV. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $181K in total assets. In 2025, it awarded 9 grants totaling $18K. Net investment income was $11K.
The William T Hancock Charitable Foundation at a glance
In short: The William T Hancock Charitable Foundation gave $18K across 9 grants in 2025 (avg $2K), mostly in West Virginia. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $17,500
- +5.1% vs 2024
- Grants made (2025)
- 9
- -18.2% vs 2024
- Average grant
- $1,944
- +28.5% vs 2024
- Median grant
- $1,500
- Total assets
- $180,794
- -2.6% vs 2024
- Primary geography
- West Virginia (86% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who The William T Hancock Charitable Foundation funds
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2025
The largest 2025 recipient was Craft Memorial Library ($7K). Together the top 9 received $18K.
Grant Size Distribution
50 grants across all recorded years
The most common grant size was under $50K: 50 grants of 50 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 9 itemized grants.
Cities
How The William T Hancock Charitable Foundation gives
- Giving held roughly steady from 2022 to 2025 (−12%). Method
- In 2025 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
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $15K (2021) to $20K (2022). In 2025 it made 9 grants totaling $18K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Craft Memorial Library Bluefield, WV | Gift to Support Childrens | $7,200 |
| Bluefield Arts & Revitalization Corp Bluefield, WV | Charity | $2,500 |
| The Wade Center Bluefield, WV | Support Childrens Program | $2,000 |
| Bluefield Fitness and Recreation Center Bluefield, WV | Therapy for Low Income Kids | $1,500 |
| Community Connections Inc South Yarmouth, MA | Charity | $1,500 |
| Mercer County Opportunity Industries Inc Princeton, WA | Provide Food in Summer | $1,000 |
| Community Chrsitmas Tree Fund Bluefield, WV | Provide Gifts for Low | $1,000 |
| Bluefield Union Mission Bluefield, WV | Medicine for Children's | $500 |
| Rotary Club of Bluefield West Virginia Bluefield, WV | Share the Glove Drive | $300 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $180,794 | $15,498 | $20,298 | $17,500 | 9 | $18,075 | $11,130 | $18,660 |
| 2024 | $185,631 | $18,312 | $18,996 | $16,650 | 11 | $16,650 | $11,119 | $17,562 |
| 2023 | $186,315 | $18,959 | $19,403 | $17,207 | 10 | $17,207 | $11,000 | $16,161 |
| 2022 | $186,759 | $20,115 | $22,018 | $19,778 | 11 | $19,778 | $9,821 | $16,800 |
| 2021 | $188,662 | $18,816 | $17,458 | $15,326 | 9 | $15,326 | $8,427 | $15,828 |
| 2020 | $187,304 | $18,776 | $17,499 | $15,538 | 9 | — | $8,483 | $13,522 |
Under IRS private-foundation payout rules, The William T Hancock Charitable Foundation reported a distributable amount of $19K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
The William T Hancock Charitable Foundation's 2025 filing lists 2 officers; 1 of 2 officers listed in 2025 is compensated.
Officers on the 2025 filing
First Community Bank
Trustee
New on the 2025 filing
5 hrs/week
$2K (2025)
Willy Pierre Jacoebee
Trustee
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "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
The highest reported compensation on the 2025 filing was $2K, to First Community Bank (Trustee).
Frequently asked questions about The William T Hancock Charitable Foundation
How much does The William T Hancock Charitable Foundation give each year?
The William T Hancock Charitable Foundation gave $18K across 9 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $17K across 11 grants.
What is The William T Hancock Charitable Foundation's typical grant size?
The William T Hancock Charitable Foundation's median grant in 2025 was $1,500, and its average grant was $1,944, across 9 grants on its 2025 IRS Form 990-PF.
Where does The William T Hancock Charitable Foundation give grants?
The William T Hancock Charitable Foundation gives mostly in West Virginia: 86% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest states were Massachusetts (9%) and Washington (6%). The most frequent recipient cities were Bluefield, WV (7 grants).
Does The William T Hancock Charitable Foundation give general operating support?
Not in 2025: none of the 9 grants with a stated purpose on The William T Hancock Charitable Foundation's 2025 IRS Form 990-PF were described as general or operating support.
Who are The William T Hancock Charitable Foundation's largest grantees?
The William T Hancock Charitable Foundation's largest 2025 grantees include Craft Memorial Library ($7,200), Bluefield Arts & Revitalization Corp ($2,500) and The Wade Center ($2,000), according to its 2025 IRS Form 990-PF. Together they received 67% of its itemized 2025 grant dollars.
How large is The William T Hancock Charitable Foundation?
The William T Hancock Charitable Foundation reported $181K in total assets on its 2025 IRS Form 990-PF. It paid out $18K in qualifying distributions that year, against a required minimum of $19K (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 William T Hancock Charitable Foundation's EIN?
The William T Hancock Charitable Foundation's EIN (Employer Identification Number) is 31-1746406. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS May 12, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 8, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 13, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 13, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 7, 2026)
Live grants for the work The William T Hancock Charitable Foundation funds
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