Virginia Hot Springs is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IVY, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 10 grants totaling $54K. Net investment income was $28K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.1M
+9.9% YoY
Annual Giving
$54K
+67.2% YoY
Grant Count
10
+25.0% YoY
Avg Grant Size
$5K
+33.8% YoY
Under IRS private-foundation payout rules, Virginia Hot Springs reported a distributable amount of $52K for 2024 — the minimum it must pay out in qualifying distributions.
About Virginia Hot Springs
Based on IRS filings
Virginia Hot Springs is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IVY, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 10 grants totaling $54K. Net investment income was $28K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,117,110 | $1,016,771 | $942,788 |
| Revenue | $72,747 | $54,723 | $117,069 |
| Expenses | $64,118 | $61,402 | $64,089 |
| Qualifying Distributions | $51,177 | $48,209 | $52,719 |
| Net Investment Income | $28,459 | $27,132 | $73,401 |
| Distributable Amount | $52,151 | $47,877 | $49,200 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Garth Newel Music Center ($14,000), Foodlore Provisions ($10,000), Bath County Animal Welfare Foundation ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLEGHENY MOUNTAIN RADIO DUNMORE, WV | GENERAL SUPPORT | $3,000 |
| BATH COUNTY ANIMAL WELFARE FOUNDATION HOT SPRINGS, VA | GENERAL SUPPORT | $5,000 |
| BATH COUNTY ARTS ASSOCIATION HOT SPRINGS, VA | ART SHOW SPONSORSHIP AND TUITION ASSISTANCE PROGRAM | $5,000 |
| BATH COUNTY CHRISTMAS MOTHER INC HOT SPRINGS, VA | 2023 CHRISTMAS DONATION | $5,000 |
| BATH COUNTY SOCCER CAMP HOT SPRINGS, VA | SOCCER CAMP | $2,500 |
| DORIS L VIA CANCER FUND HOT SPRINGS, VA | GENERAL SUPPORT | $5,000 |
| FOODLORE PROVISIONS WARM SPRINGS, VA | TO HELP PROVIDE LIVE MUSIC FOR FOODLORE | $10,000 |
| GARTH NEWEL MUSIC CENTER HOT SPRINGS, VA | ALLEGHENY MOUNTAIN STRINGS PROJECT AND EMERGING ARTIST PROGRAM | $14,000 |
| VIRGINIA HIGHLANDS YOUTH GOLF ACADEMY RUCKERSVILLE, VA | GENERAL SUPPORT | $2,000 |
| WEST VIRGINIA UNIVERSITY MORGANTOWN, WV | TOURNAMENT SPONSOR | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MASSIE VALENTINE | PRESIDENT | 5 | — |
| IAN RATCLIFF | TREASURER | 5 | — |
| CHARLIE WHITAKER | SECRETARY | 5 | — |
| TED ARMBRECHT | TRUSTEE | 5 | — |
| ELLIOTT HARRIGAN | TRUSTEE | 5 | — |
| JIL HARRIS | TRUSTEE | 5 | — |
| HUNTER MCCARDLE | TRUSTEE | 5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Virginia Hot Springs?
Virginia Hot Springs is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in IVY, VA. It holds $1.1M in total assets as of 2024.
How large is Virginia Hot Springs?
As of 2024, Virginia Hot Springs holds $1.1M in total assets with $73K in annual revenue. It awarded 10 grants totaling $54K in 2024.
Where does Virginia Hot Springs operate?
Virginia Hot Springs has awarded grants in California, Maryland, Virginia, West Virginia.
What size grants does Virginia Hot Springs award?
In 2024, Virginia Hot Springs awarded 10 grants totaling $54K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Virginia Hot Springs required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Virginia Hot Springs reported a distributable amount of $52K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Virginia Hot Springs's EIN?
Virginia Hot Springs's EIN (Employer Identification Number) is 55-0905628. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Virginia Hot Springs's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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