W B Shafer Memorial Trust

Private foundation · Grantmaker Virginia Beach, VA EIN: 54-6330779

W B Shafer Memorial Trust is a private foundation, based in Virginia Beach, VA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $74K in total assets. In 2025, it awarded 1 grant totaling $4K.

Key facts about W B Shafer Memorial Trust

In short: W B Shafer Memorial Trust gave $4K across 1 grant in 2025 (avg $4K), mostly in Virginia. Source: 2025 IRS Form 990-PF.

EIN
54-6330779
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$3,900
Grants made (2025)
1
Average grant
$3,900
Median grant
$3,900
Total assets
$74,212
Primary geography
Virginia (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$74K

-7.3% YoY

Annual Giving

$4K

-11.4% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$4K

-11.4% YoY

Under IRS private-foundation payout rules, W B Shafer Memorial Trust reported a distributable amount of $4K for 2025 — the minimum it must pay out in qualifying distributions.

How W B Shafer Memorial Trust gives

  • Giving fell 60% from 2022 to 2025. Method
  • In 2025 it paid out 101% of its IRS minimum distribution (the 5% rule). 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

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Norfolk

Giving Over Time

Total grant dollars and number of grants per year

$0$5K$10K$15K0 grants2020 1 grant2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $4K (2025) to $14K (2021). In 2025 it made 1 grant totaling $4K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

For KIDS Inc: $4KFor KIDS Inc$4K

The largest 2025 recipient was For KIDS Inc ($4K).

Grant Size Distribution

5 grants across all recorded years

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

The most common grant size was under $50K: 5 grants of 5 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
For KIDS Inc Norfolk, VAFor purpose of listed organization$3,900

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
$0$10K$20K$30K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$74,212$80,054$90,458
Revenue$2,782$291$2,492
Expenses$8,624$10,695$12,627
Qualifying Distributions$3,900$4,400$5,500
Distributable Amount$3,860$4,293$4,895

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

W B Shafer Memorial Trust is led by Janice Pickrell Anderson, Trustee on every filing since 2021 — the only officer listed, and uncompensated.

Officers on the 2025 filing

  • Janice Pickrell Anderson

    Trustee

    On filings since 2021

    $1K (2022) → $0 (2025)

Former officers (1)
  • Former: James M Pickrell Jr. (2020–2021) — Trustee · Filing note: Deceased

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 2023 IRS filing

Janice Pickrell Anderson — Trustee: $1KJanice Pickrell AndersonTrustee$1K

The highest reported compensation on the 2023 filing was $1K, to Janice Pickrell Anderson (Trustee).

Frequently asked questions about W B Shafer Memorial Trust

How much does W B Shafer Memorial Trust give each year?

W B Shafer Memorial Trust gave $4K across 1 grant in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $4K across 1 grant.

How large is W B Shafer Memorial Trust?

W B Shafer Memorial Trust reported $74K in total assets on its 2025 IRS Form 990-PF. It paid out $4K in qualifying distributions that year, against a required minimum of $4K (roughly 5% of its investment assets).

Where does W B Shafer Memorial Trust operate?

W B Shafer Memorial Trust has awarded grants in Virginia.

What is W B Shafer Memorial Trust's EIN?

W B Shafer Memorial Trust's EIN (Employer Identification Number) is 54-6330779. 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.

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