Thomas E Cofer Memorial Charitable Tr

SMITHFIELD, VA EIN: 54-1548158

Thomas E Cofer Memorial Charitable Tr is a private foundation, based in SMITHFIELD, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $463K in total assets. In 2025, it awarded 4 grants totaling $22K. Net investment income was $11K.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$463K

+0.0% YoY

Annual Giving

$22K

+46.7% YoY

Grant Count

+33.3% YoY

Avg Grant Size

$6K

+10.0% YoY

Under IRS private-foundation payout rules, Thomas E Cofer Memorial Charitable Tr reported a distributable amount of $22K for 2025 — the minimum it must pay out in qualifying distributions.

About Thomas E Cofer Memorial Charitable Tr

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $62K (92%)

South Carolina $6K (8%)

States

South Carolina Virginia

Cities

BlacksburgBridgewaterColumbiaHamptonHarrisonburgNewport NewsNorfolkPetersburgSmithfieldWilliamsburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2025	2024	2023
Total Assets	$462,905	$462,883	$455,526
Revenue	$31,649	$30,692	$10,646
Expenses	$31,627	$23,335	$26,496
Qualifying Distributions	$27,458	$19,705	$23,217
Net Investment Income	$11,287	$9,464	$7,418
Distributable Amount	$21,896	$20,604	$20,521

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2025

Grant Size Distribution

12 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2025 grants, the largest include Old Dominion Univ Fbo Jasmine Johns ($5,500), College of Wm Mary Fbo Kaitlyn Thom ($5,500), Hampton Univ Fbo Marcus Glanville ($5,500).

Recipient	Purpose	Amount
OLD DOMINION UNIV FBO JASMINE JOHNS NORFOLK, VA	SCHOLARSHIP	$5,500
COLLEGE OF WM MARY FBO KAITLYN THOM WILLIAMSBURG, VA	SCHOLARSHIP	$5,500
HAMPTON UNIV FBO MARCUS GLANVILLE HAMPTON, VA	SCHOLARSHIP	$5,500
UNIV OF SO CAROLINA FBO KENDALL GLO COLUMBIA, SC	SCHOLARSHIP	$5,500

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

From 2025 filing

Name	Title	Hours	Compensation
WESLEY BROWN	Director	1	—
LINDA RICE	VICE PRES - SEC	1	—
DIANA F BEALE	PRESIDENT/TREAS	1	—

Frequently Asked Questions

How large is Thomas E Cofer Memorial Charitable Tr?

As of 2025, Thomas E Cofer Memorial Charitable Tr holds $463K in total assets with $32K in annual revenue. It awarded 4 grants totaling $22K in 2025.

Where does Thomas E Cofer Memorial Charitable Tr operate?

Thomas E Cofer Memorial Charitable Tr has awarded grants in South Carolina, Virginia.

What size grants does Thomas E Cofer Memorial Charitable Tr award?

In 2025, Thomas E Cofer Memorial Charitable Tr awarded 4 grants totaling $22K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Thomas E Cofer Memorial Charitable Tr required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2025, Thomas E Cofer Memorial Charitable Tr reported a distributable amount of $22K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Thomas E Cofer Memorial Charitable Tr's EIN?

Thomas E Cofer Memorial Charitable Tr's EIN (Employer Identification Number) is 54-1548158. IRS Form 990 filing data is available on this page for 2020–2025.