Warm Hearth Foundation Inc

Foundation · Grantmaker Blacksburg, VA EIN: 54-1639629 Website

WARM HEARTH FOUNDATION RECEIVES AND ADMINISTERS SUPPORTING FUNDS FOR THE PURPOSES OF RESIDENTS OF WARM HEARTH VILLAGE AS FOLLOWS: (A) HOUSING SERVICES TO ELDERLY AND HANDICAPPED AS PROVIDED BY TROLINGER HOUSE, INC., NEW RIVER HOUSE, INC., NEW CENTURY HOUSING, INC., AND WARM HEARTH, INC., (B) NON-PROFIT NURSING HOME AND ASSISTED LIVING CARE AS PROVIDED BY NRV NURSING CENTER, INC. AND SHOWALTER CENTER, INC.

Key facts about Warm Hearth Foundation Inc

In short: Warm Hearth Foundation Inc gave $242K across 4 grants in 2024 (avg $61K), mostly in Virginia. Source: 2024 IRS Form 990 filing.

EIN: 54-1639629
Latest 990 filing: Form 990 filing, 2024
Annual giving (2024): $242,393
Grants made (2024): 4
Average grant: $60,598
Median grant: $42,150
Total assets: $4,027,224
Primary geography: Virginia (100% of itemized 2024 grant dollars)

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

Quick answers about Warm Hearth Foundation Inc

How much does Warm Hearth Foundation Inc give each year?

Warm Hearth Foundation Inc gave $242K across 4 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $88K across 4 grants.

What is Warm Hearth Foundation Inc's typical grant size?

Warm Hearth Foundation Inc's median grant in 2024 was $42,150, and its average grant was $60,598, across 4 grants on its 2024 IRS Form 990 filing.

Where does Warm Hearth Foundation Inc give grants?

Warm Hearth Foundation Inc gives mostly in Virginia: 100% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Blacksburg, VA (4 grants).

Does Warm Hearth Foundation Inc give general operating support?

Yes: 100% of Warm Hearth Foundation Inc's 2024 grants with a stated purpose (4 of 4) were for general or operating support, per its 2024 IRS Form 990 filing.

How Warm Hearth Foundation Inc gives

Giving grew 223% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Next steps with Warm Hearth Foundation Inc

How to evaluate Warm Hearth Foundation Inc as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
Draft an LOI to Warm Hearth Foundation Inc with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

$4.0M

+15.5% YoY

Annual Giving

$242K

+176.3% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$61K

+176.3% YoY

About Warm Hearth Foundation Inc

Based on IRS filings

Warm Hearth Foundation Inc is a nonprofit organization focused on Human Services, based in Blacksburg, VA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $4.0M in total assets. In 2024, it awarded 4 grants totaling $242K. Net investment income was $23K.

Focus Areas

Human Services

Your AI grants department

Ready to take the next step with Warm Hearth Foundation Inc?

Assess fit for your org Draft an LOI Find open RFPs

Fully replaces Grant database subscriptions Instrumentl · Foundation Directory · GrantStation & similar

Geographic Focus

Where this funder awards grants

Grant Distribution by State

Virginia $242K (100%)

Share of all 4 itemized 2024 grant dollars.

States

Virginia

Cities

Blacksburg

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$4,027,224	$3,485,543	$3,186,690
Revenue	$746,266	$780,258	$569,564
Expenses	$708,536	$538,828	$350,140
Qualifying Distributions	—	—	—
Net Investment Income	$22,704	$6,858	$-3,756
Distributable Amount	—	—	—

Data update history

When this profile's IRS filing data changed on Grantable

March 1, 2026 IRS filings on file for fiscal years 2020–2024

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 2024

Grant Size Distribution

15 grants across all recorded years

Giving History

Grant recipients and amounts by year

Recipient	Purpose	Amount
NRV Nursing Center Inc blacksburg, VA	general support	$150,707
Warm Hearth at Home Inc blacksburg, VA	general support	$50,000
Warm Hearth blacksburg, VA	general support	$34,299
Trolinger House Inc blacksburg, VA	general support	$7,387

Leadership & Key People

Officers and directors from IRS filings

Warm Hearth Foundation Inc is led by William Lester, President & CEO on the 2024 filing; none of the 12 officers listed in 2024 report compensation.

Officers on the 2024 filing

William Lester

President & CEO

New on the 2024 filing

0.5 hrs/week

No compensation reported
Thomas Pierce

President

On filings since 2020

0.5 hrs/week

No compensation reported
Richard Shepherd

Trustee

Trustee → Director, 2022
Director → Trustee, 2024

On filings since 2021

0.5 hrs/week

No compensation reported
Kevin Sands

Rn Director

Rn Director of Qa & Edu → Rn Director, 2024

On filings since 2023

0.5 hrs/week

No compensation reported
Savanna Dyer

Trustee

New on the 2024 filing

0.5 hrs/week

No compensation reported
Shaunna Andrews

Director of Nursing

New on the 2024 filing

0.5 hrs/week

No compensation reported
Walter Williams

Director of Network Services

New on the 2024 filing

0.5 hrs/week

No compensation reported
Mike Spears

Treasurer

Trustee → Secretary, 2021
Secretary → Treasurer, 2024

On filings since 2020

0.5 hrs/week

No compensation reported
Molly Nevitt

CFO

Current CFO → CFO, 2021

On filings since 2020

0.5 hrs/week

No compensation reported
Tambra Dixon

Vice President of Philanthropy

Director of Marketing & Development → Director of Marketing, 2022
Director of Marketing → Vice President of Philanthropy, 2024

On filings since 2020

0.5 hrs/week

No compensation reported
Alison Trigg

Showalter Administrator

New on the 2024 filing

0.5 hrs/week

No compensation reported
Karen Hanks

Secretary

New on the 2024 filing

0.5 hrs/week

No compensation reported

Former officers (8)

Former: Ed Bunce (2020–2023) — Treasurer
Former: Heather Gearhart (2020–2023) — Vice President
Former: Brad Dalton (2021–2023) — Former President & CEO
Former: Korie Flannagan (2023) — Nursing Home Administrator
Former: Lester Luther (2023) — President & CEO
Former: Ferne Moschella (2020–2021) — Former President & CEO
Former: Nancy Wolfe (2020) — Secretary
Former: Wayne Howell (2020) — Former CFO

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.