W Miller Richardson Trust

Private foundation · Grantmaker Grundy, VA EIN: 54-6436722

W Miller Richardson Trust is a private foundation, based in Grundy, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.8M in total assets. In 2024, it awarded 4 grants totaling $400K. Net investment income was $730K.

Key facts about W Miller Richardson Trust

In short: W Miller Richardson Trust gave $400K across 4 grants in 2024 (avg $100K), mostly in Virginia. Source: 2024 IRS Form 990-PF.

EIN
54-6436722
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$400,000
Grants made (2024)
4
Average grant
$100,000
Median grant
$107,500
Total assets
$7,755,792
Primary geography
Virginia (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$7.8M

+4.0% YoY

Annual Giving

$400K

+53.8% YoY

Grant Count

4

+100.0% YoY

Avg Grant Size

$100K

-23.1% YoY

Under IRS private-foundation payout rules, W Miller Richardson Trust reported a distributable amount of $414K for 2024 — the minimum it must pay out in qualifying distributions.

How W Miller Richardson Trust gives

  • Giving grew 40% from 2021 to 2024. Method
  • In 2024 it paid out 103% 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

2states

Share of 2024 grant dollars across all 4 itemized grants.

Cities

GrundyPrincetonRichlands

Giving Over Time

Total grant dollars and number of grants per year

$0$100K$200K$300K$400K2 grants2020 2 grants2021 4 grants2022 2 grants2023 4 grants2024

From 2020 to 2024, annual grant giving ranged from $56K (2020) to $400K (2024). In 2024 it made 4 grants totaling $400K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 4 recipients in 2024

Town of Grundy Virginia: $160KTown of Grundy Virginia$160KTown of Grundy Industrial Development Authority: $115KTown of Grundy IndustrialDevelopment Authority$115KBuchanan County YMCA: $100KBuchanan County YMCA$100KCare Center of Southwest VA: $25KCare Center of Southwest VA$25K

The largest 2024 recipient was Town of Grundy Virginia ($160K). Together the top 4 received $400K.

Grant Size Distribution

14 grants across all recorded years

4<$50K1$50–100K9$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was in the $100–250K range: 9 grants of 14 (64%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Town of Grundy Virginia Grundy, VAAquisition of Equipment & Other Needs$160,000
Town of Grundy Industrial Development Authority Grundy, VASupport of Operations.$115,000
Buchanan County YMCA Grundy, VASupport of Operations.$100,000
Care Center of Southwest VA Richlands, VASupport of Operations.$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$7,755,792$7,460,538$6,569,063
Revenue$791,470$1,258,967$1,137,943
Expenses$496,216$367,551$432,580
Qualifying Distributions$424,643$286,079$337,521
Net Investment Income$729,897$1,197,961$1,057,862
Distributable Amount$413,509$351,372$316,910

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

W Miller Richardson Trust's 2024 filing lists 2 officers; all 2 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • St Mullins

    Trustee

    On filings since 2020

    2 hrs/week

    $15K (2021) → $15K (2024)

  • Benjamin A. Street

    Trustee

    On filings since 2021

    2 hrs/week

    $15K (2021) → $15K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

St Mullins — Trustee: $15KSt MullinsTrustee$15KBenjamin a Street — Trustee: $15KBenjamin a StreetTrustee$15K

The highest reported compensation on the 2024 filing was $15K, to St Mullins (Trustee). 2 officers or directors reported compensation on that filing.

Frequently asked questions about W Miller Richardson Trust

How much does W Miller Richardson Trust give each year?

W Miller Richardson Trust gave $400K across 4 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $260K across 2 grants.

What is W Miller Richardson Trust's typical grant size?

W Miller Richardson Trust's median grant in 2024 was $107,500, and its average grant was $100,000, across 4 grants on its 2024 IRS Form 990-PF.

Where does W Miller Richardson Trust give grants?

W Miller Richardson Trust gives mostly in Virginia: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Grundy, VA (3 grants).

Does W Miller Richardson Trust give general operating support?

Not in 2024: none of the 4 grants with a stated purpose on W Miller Richardson Trust's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support of Operations." (3 grants).

How large is W Miller Richardson Trust?

W Miller Richardson Trust reported $7.8M in total assets on its 2024 IRS Form 990-PF. It paid out $425K in qualifying distributions that year, against a required minimum of $414K (roughly 5% of its investment assets).

What is W Miller Richardson Trust's EIN?

W Miller Richardson Trust's EIN (Employer Identification Number) is 54-6436722. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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