Bassett Furniture Industries Foundation Inc | Foundation Profile
GrantBay analyzes IRS Form 990-PF data to help grant seekers find fit funders like Bassett Furniture Industries Foundation Inc. Data shown is extracted from Form 990-PF filings.
EIN: 54-1652381
Foundation Overview
Based in Bassett, VA, Bassett Furniture Industries Foundation Inc has awarded 75 grants totaling $1,160,000 to organizations in Virginia, North Carolina and 1 other state across the US. Individual grants range from $1,000 to $75,000, with a median award of $10,000.
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
2 of 18 recipients (11%) were new grantees. Foundation maintains tight relationships with established partners. New applicants rarely succeed without insider connections.
Geographic Focus
85% 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 (61%), Bassett (28%), Richmond (11%).
Funding Trajectory
Moderate 48% growth trend over 2 years suggests stable and gradually increasing funding capacity. This positive trajectory indicates reliable grant-making resources and sustainable philanthropic commitment.
Program Areas
Highly focused on community projects with 100% of funding dedicated to this sector. This specialization indicates deep expertise and committed investment in the field.
Where is The Money Going?
Grants & Funding
Analyzing past grantees provides valuable insights into Bassett Furniture Industries Foundation Inc'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 |
|---|---|---|---|---|
| Piedmont Arts Association | $10,000 | Martinsville, VA, US | Support | 2022 |
| Henry County Furniture Museum | $20,000 | Bassett, VA, US | Support | 2022 |
| Hopeco | $25,000 | Martinsville, VA, US | Support | 2022 |
| Best Nc | $5,000 | Cary, NC, US | Support | 2022 |
| Rooster Walk Inc | $20,000 | Martinsville, VA, US | Support | 2022 |
| United Way Of Henry County & Martinsville | $25,000 | Martinsville, VA, US | Support | 2022 |
| Virginia Foundation For Independent Colleges | $10,000 | Richmond, VA, US | Support | 2022 |
| Virginia Museum Of Natural History | $5,000 | Martinsville, VA, US | Support | 2022 |
| Bassett High School Band | $2,500 | Bassett, VA, US | Support | 2022 |
| Piedmont Arts Association | $10,000 | Martinsville, VA, US | Support | 2022 |
| Henry County Furniture Museum | $20,000 | Bassett, VA, US | Support | 2022 |
| Hopeco | $25,000 | Martinsville, VA, US | Support | 2022 |
| Best Nc | $5,000 | Cary, NC, US | Support | 2022 |
| Rooster Walk Inc | $20,000 | Martinsville, VA, US | Support | 2022 |
| United Way Of Henry County & Martinsville | $25,000 | Martinsville, VA, US | Support | 2022 |
| Virginia Foundation For Independent Colleges | $10,000 | Richmond, VA, US | Support | 2022 |
| Virginia Museum Of Natural History | $5,000 | Martinsville, VA, US | Support | 2022 |
| Bassett High School Band | $2,500 | Bassett, VA, US | Support | 2022 |
| Boys And Girls Club Of Martinsville And Henry County | $5,000 | Martinsville, VA, US | Support | 2021 |
| Bassett Community Center | $5,000 | Bassett, VA, US | Support | 2021 |
| Henry County Furniture Museum | $10,000 | Bassett, VA, US | Support | 2021 |
| Hopeco | $75,000 | Martinsville, VA, US | Support | 2021 |
| Greater Bassett Area Community | $2,500 | Bassett, VA, US | Support | 2021 |
| Special Olympics | $2,500 | Washington, DC, US | Support | 2021 |
| Rooster Walk Inc | $25,000 | Martinsville, VA, US | Support | 2021 |
| United Way Of Henry County & Martinsville | $25,000 | Martinsville, VA, US | Support | 2021 |
| Virginia Foundation For Independent Colleges | $10,000 | Richmond, VA, US | Support | 2021 |
| Home Furnishings Hall Of Fame | $50,000 | High Point, NC, US | Support | 2021 |
| Trinity Episcopal School | $30,000 | Charlotte, NC, US | Support | 2021 |
| Virginia Museum Of Natural History | $5,000 | Martinsville, VA, US | Support | 2021 |
| Bassett High School Band | $5,000 | Bassett, VA, US | Support | 2021 |
| Boys And Girls Club Of Martinsville And Henry County | $5,000 | Martinsville, VA, US | Support | 2021 |
| Bassett Community Center | $5,000 | Bassett, VA, US | Support | 2021 |
| Henry County Furniture Museum | $10,000 | Bassett, VA, US | Support | 2021 |
| Hopeco | $75,000 | Martinsville, VA, US | Support | 2021 |
| Greater Bassett Area Community | $2,500 | Bassett, VA, US | Support | 2021 |
| Special Olympics | $2,500 | Washington, DC, US | Support | 2021 |
| Rooster Walk Inc | $25,000 | Martinsville, VA, US | Support | 2021 |
| United Way Of Henry County & Martinsville | $25,000 | Martinsville, VA, US | Support | 2021 |
| Virginia Foundation For Independent Colleges | $10,000 | Richmond, VA, US | Support | 2021 |
| Home Furnishings Hall Of Fame | $50,000 | High Point, NC, US | Support | 2021 |
| Trinity Episcopal School | $30,000 | Charlotte, NC, US | Support | 2021 |
| Virginia Museum Of Natural History | $5,000 | Martinsville, VA, US | Support | 2021 |
| Bassett High School Band | $5,000 | Bassett, VA, US | Support | 2021 |
| Boys And Girls Club Of Martinsville And Henry County | $5,000 | Martinsville, VA, US | Support | 2021 |
| Bassett Community Center | $5,000 | Bassett, VA, US | Support | 2021 |
| Henry County Furniture Museum | $10,000 | Bassett, VA, US | Support | 2021 |
| Hopeco | $75,000 | Martinsville, VA, US | Support | 2021 |
| Greater Bassett Area Community | $2,500 | Bassett, VA, US | Support | 2021 |
| Special Olympics | $2,500 | Washington, DC, US | Support | 2021 |
| Rooster Walk Inc | $25,000 | Martinsville, VA, US | Support | 2021 |
| United Way Of Henry County & Martinsville | $25,000 | Martinsville, VA, US | Support | 2021 |
| Virginia Foundation For Independent Colleges | $10,000 | Richmond, VA, US | Support | 2021 |
| Home Furnishings Hall Of Fame | $50,000 | High Point, NC, US | Support | 2021 |
| Trinity Episcopal School | $30,000 | Charlotte, NC, US | Support | 2021 |
| Virginia Museum Of Natural History | $5,000 | Martinsville, VA, US | Support | 2021 |
| Bassett High School Band | $5,000 | Bassett, VA, US | Support | 2021 |
| Boys And Girls Club Of Martinsville And Henry County | $2,500 | Martinsville, VA, US | Support | 2020 |
| Deondre Millner Scholarship Fund | $1,000 | Martinsville, VA, US | Support | 2020 |
| Henry County Furniture Museum | $10,000 | Bassett, VA, US | Support | 2020 |
| Mhc Family Ymca | $3,000 | Martinsville, VA, US | Support | 2020 |
| Morning Star Holy Church | $1,000 | Martinsville, VA, US | Support | 2020 |
| Piedmont Arts Association | $10,000 | Martinsville, VA, US | Support | 2020 |
| Rooster Walk Inc | $20,000 | Martinsville, VA, US | Support | 2020 |
| United Way Of Henry County & Martinsville | $25,000 | Martinsville, VA, US | Support | 2020 |
| Virginia Foundation For Independent Colleges | $10,000 | Richmond, VA, US | Support | 2020 |
| Boys And Girls Club Of Martinsville And Henry County | $2,500 | Martinsville, VA, US | Support | 2020 |
| Deondre Millner Scholarship Fund | $1,000 | Martinsville, VA, US | Support | 2020 |
| Henry County Furniture Museum | $10,000 | Bassett, VA, US | Support | 2020 |
| Mhc Family Ymca | $3,000 | Martinsville, VA, US | Support | 2020 |
| Morning Star Holy Church | $1,000 | Martinsville, VA, US | Support | 2020 |
| Piedmont Arts Association | $10,000 | Martinsville, VA, US | Support | 2020 |
| Rooster Walk Inc | $20,000 | Martinsville, VA, US | Support | 2020 |
| United Way Of Henry County & Martinsville | $25,000 | Martinsville, VA, US | Support | 2020 |
| Virginia Foundation For Independent Colleges | $10,000 | Richmond, VA, US | Support | 2020 |
Foundations Similar to Bassett Furniture Industries Foundation Inc
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Contact Information
Official contact details for Bassett Furniture Industries Foundation Inc as registered with the IRS. These details are essential for grant applications, correspondence, and due diligence processes.
| EIN | 54-1652381 |
| Website | N/A |
| Address | PO BOX 626 Bassett, VA 24055-0626 |
Key People (3)
Board members, trustees, and key staff who oversee Bassett Furniture Industries Foundation Inc's grant making decisions and strategic direction. Understanding leadership composition can provide insights into foundation priorities and potential networking opportunities.
| President | Robert H Spilman Jr |
|---|---|
| Officer | Edward White |
| Officer | J Michael Daniel |
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 Bassett Furniture Industries Foundation Inc 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
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