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Nonprofit · EIN 54-1961867

THE IRVING AND JETT GROVES CHARITABLE FOUNDATION

Tax-exempt · MARTINSVILLE, VA 24112

Financials

$308K$98K2022$78K$22K2023$129K$169K2024
Revenue Expenses · by fiscal year end
Financials of THE IRVING AND JETT GROVES CHARITABLE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990-PF$128,792$168,720-$39,928$1,531,667$0$1,531,667
September 30, 2024990-PF$78,200$21,655$56,545$1,566,543$0$1,566,543
September 30, 2023990-PF$307,790$97,824$209,966$1,506,835$0$1,506,835
Financial details: 990-PF for the year ended September 30, 2025

Revenue

Dividends
$43,532
Net gain from sales of assets
$85,260

Expenses

Grants and similar amounts paid
$156,000
Disbursements for charitable purposes
$157,500
Excise tax on investment income
$1,646

Balance sheet and other

Total assets, start of year
$1,566,543
Total assets, end of year
$1,531,667
Total liabilities, end of year
$0
Net assets, end of year
$1,531,667
Fair market value of assets
$1,830,504
Qualifying distributions
$157,500
Net investment income
$128,715

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-PF for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
IRVING M GROVES III
3378 BLACKBURN AVE, DALLAS, TX 75204
SECRETARY1$0
MATTIE G SHEPPARD
32 CAMERON CT, PAWLEYS ISLAND, SC 29585
PRESIDENT1$0
JETT G WOOD
1306 MULBERRY ROAD, MARTINSVILLE, VA 24112
VICE-PRESIDENT1$0
990-PF for the year ended September 30, 2024: 3 people
NameTitleHours / weekCompensation
IRVING M GROVES III
3378 BLACKBURN AVE, DALLAS, TX 75204
SECRETARY1$0
MATTIE G SHEPPARD
PO BOX 4831, MARTINSVILLE, VA 24115
PRESIDENT1$0
JETT G WOOD
1306 MULBERRY ROAD, MARTINSVILLE, VA 24112
VICE-PRESIDENT1$0
990-PF for the year ended September 30, 2023: 3 people
NameTitleHours / weekCompensation
IRVING M GROVES III
3378 BLACKBURN AVE, DALLAS, TX 75204
SECRETARY1$0
MATTIE G SHEPPARD
PO BOX 4831, MARTINSVILLE, VA 24115
PRESIDENT1$0
JETT G WOOD
1306 MULBERRY ROAD, MARTINSVILLE, VA 24112
VICE-PRESIDENT1$0

Address and contacts

Address (IRS master file)
1306 MULBERRY RD, MARTINSVILLE, VA 24112-5512
Signed the 990-PF
JETT WOOD, Vice President
Phone
(407) 237-4608
Return prepared by
ERNST & YOUNG US LLP

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990-PF on file
2023September 30, 2024February 18, 2025990-PF on file

IRS record

EIN
54-1961867
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Private non-operating foundation
Exempt since
1999
Accounting year ends
September
Files
Form 990-PF
Assets (IRS master file)
$1,531,667
Income (IRS master file)
$1,033,601

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFSeptember 2025$128,792$168,720$1,531,667XML
990-PFSeptember 2024$78,200$21,655$1,566,543XML
990-PFSeptember 2023$307,790$97,824$1,506,835XML
990-PFSeptember 2022–––IRS
990-PFSeptember 2021–––IRS
990-PFSeptember 2020–––IRS
990-PFSeptember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 54-1961867).

Questions about THE IRVING AND JETT GROVES CHARITABLE FOUNDATION

What is the EIN of THE IRVING AND JETT GROVES CHARITABLE FOUNDATION?
The employer identification number (EIN) of THE IRVING AND JETT GROVES CHARITABLE FOUNDATION is 54-1961867.
Is THE IRVING AND JETT GROVES CHARITABLE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
Which annual return does THE IRVING AND JETT GROVES CHARITABLE FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of THE IRVING AND JETT GROVES CHARITABLE FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE IRVING AND JETT GROVES CHARITABLE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended September 2025.
Who are the officers and directors of THE IRVING AND JETT GROVES CHARITABLE FOUNDATION?
The 990-PF for the year ended September 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does THE IRVING AND JETT GROVES CHARITABLE FOUNDATION have?
On its 990-PF for the year ended September 30, 2025 it reported revenue of $128,792, expenses of $168,720 and total assets of $1,531,667 at year end.

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