Martinsville-henry County Economic Developlment Corp | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Martinsville-henry County Economic Developlment Corp. Data shown is extracted from Form 990-PF filings.
EIN: 11-3843016
Foundation Overview
Based in Martinsville, VA, Martinsville-henry County Economic Developlment Corp has awarded 10 grants totaling $58,113 to organizations in Virginia and North Carolina. Individual grants range from $446 to $23,167, with a median award of $4,250.
Latest Form 990-PF Snapshot
Foundation Intelligence
Advanced analytics and strategic insights to help nonprofit organizations assess grant opportunities and optimize their application strategies
New Applicant Friendliness
10 of 10 recipients (100%) were new grantees. Recent establishment means most partnerships are naturally new. Pattern may not reflect long-term preferences.
Geographic Focus
90% of all grants are concentrated in Virginia, demonstrating highly focused geographic giving. This foundation prioritizes deep community impact in its primary service area. Within Virginia, funding concentrates in Martinsville (56%), Axton (22%), Greenville (11%).
Funding Trajectory
Insufficient data to determine funding trend patterns.
Program Areas
Dual focus on community projects (50%) and general purposes, indicating strategic concentration in complementary program areas.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Martinsville-henry County Economic Developlment Corp's funding preferences, organizational priorities, and grant making patterns. This historical data helps potential applicants understand the foundation's strategic focus and identify successful funding approaches.
| Name | Amount | Location | Purpose | Year |
|---|---|---|---|---|
| Greater Bassett Area Community Inc | $1,000 | Greenville, VA, US | Matching Grant | 2017 |
| Licking Lizard | $1,000 | Martinsville, VA, US | Matching Grant | 2017 |
| Mountain Valley Brewing | $446 | Axton, VA, US | Matching Grant | 2017 |
| Dan River Basin Association | $5,500 | Eden, NC, US | Recreation | 2017 |
| Henry County Parks & Recreation | $3,000 | Martinsville, VA, US | Recreation | 2017 |
| Martinsville Mustangs | $2,000 | Martinsville, VA, US | Recreation | 2017 |
| Phcc Foundation | $6,000 | Martinsville, VA, US | Recreation | 2017 |
| Rooster Walk | $5,500 | Martinsville, VA, US | Recreation | 2017 |
| Spencer-penn Centre | $23,167 | Spencer, VA, US | Recreation | 2017 |
| Southern Virginia Recreation Facilities | $10,500 | Axton, VA, US | Recreation | 2017 |
Foundations Similar to Martinsville-henry County Economic Developlment Corp
Discover 5 foundations with comparable assets ($6,786,011-$7,718,782), similar grant patterns, and geographic focus in VA that may also align with your organization's funding needs and grant seeking strategy.
| Foundation Name | Total Assets | Typical Grant Size | Service Area | Similarity Match |
|---|---|---|---|---|
|
C E Richardson Benevolent Foundation
EIN: 51-0227549 | 429 grants awarded |
$7,106,139
(≈ Similar) |
$5,000
median grant |
Pulaski, VA
Same state |
|
|
The Mraz Charitable Trust
EIN: 47-6789331 | 969 grants awarded |
$7,284,338
(≈ Similar) |
$2,750
median grant |
Richmond, VA
Same state |
|
|
Virginia Outdoor Adventure Inc
EIN: 81-4736517 | 23 grants awarded |
$6,921,841
(≈ Similar) |
$2,500
median grant |
Virginia Beach, VA
Same state |
|
|
Skewes Family Foundation
EIN: 20-1978793 | 409 grants awarded |
$6,786,011
(≈ Similar) |
$5,000
median grant |
Blue Ridge, VA
Same state |
|
|
Gerald And Paula Mcnichols Family Foundation
EIN: 54-1973996 | 138 grants awarded |
$7,718,782
(≈ Similar) |
$6,000
median grant |
Winchester, VA
Same state |
|
Related Foundation Resources in VA:
Contact Information
Official contact details for Martinsville-henry County Economic Developlment Corp as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 11-3843016 |
| Website | http://www.yesmartinsville.com |
| Address | 191 FAYETTE ST THIRD FLOOR Martinsville, VA 24112-2619 |
Key People (9)
Board members, trustees, and key staff who oversee Martinsville-henry County Economic Developlment Corp's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Mark Heath |
|---|---|
| Chairman | Chris Beeler |
| Vice Chairman | Tim Hall |
| Secretary | Leon Towarnicki |
| Treasurer | Larry Ryder |
Forms 990-PF
IRS Form 990-PF filings provide comprehensive financial information, grant details, and operational data. These documents are essential resources for understanding foundation capacity, giving patterns, and strategic priorities.
Form 990-PF Research Tips
- Review Part XV for detailed grant recipient information and funding purposes
- Check Part I for total assets, annual giving amounts, and payout requirements
- Examine Part VIII for key personnel compensation and board structure
- Look for trends across multiple years to understand giving patterns
About This Foundation Profile
This comprehensive foundation profile for Martinsville-henry County Economic Developlment Corp is powered by Grant Bay's advanced foundation research platform. Our system analyzes IRS Form 990-PF filings, grant histories, and philanthropic patterns to provide nonprofit organizations with actionable intelligence for grant seeking success.
Data Sources & Accuracy
All information is derived from official IRS filings and public records. Grant Bay processes thousands of Form 990-PF documents to extract grant details, financial data, and organizational information. Data accuracy depends on foundation reporting quality and IRS filing completeness.
Research Applications
Use this profile for prospect research, grant strategy development, application preparation, and relationship building. Combine this data with additional research on foundation priorities, application processes, and board member backgrounds for comprehensive grant seeking strategies.