W B Shafer Memorial Trust
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
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
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
The largest 2025 recipient was For KIDS Inc ($4K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was under $50K: 5 grants of 5 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| For KIDS Inc Norfolk, VA | For purpose of listed organization | $3,900 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| 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
- 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
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.
Here's the math on researching W B Shafer Memorial Trust by hand.
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