Nonprofit · EIN 55-0650833
HUGH I SHOTT JR FOUNDATION
Tax-exempt · BLUEFIELD, WV 24701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $6,957,031 | $3,325,992 | $3,631,039 | $54,160,326 | $0 | $54,160,326 |
| December 31, 2024 | 990-PF | $1,569,476 | $2,628,714 | -$1,059,238 | $51,211,646 | $20,804 | $51,190,842 |
| December 31, 2023 | 990-PF | $3,979,327 | $2,670,826 | $1,308,501 | $48,344,742 | $0 | $48,344,742 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $64,425
- Dividends
- $1,057,145
- Net gain from sales of assets
- $5,835,461
Expenses
- Grants and similar amounts paid
- $2,665,329
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $2,720,355
- Excise tax on investment income
- $88,771
Balance sheet and other
- Total assets, start of year
- $51,211,646
- Total assets, end of year
- $54,160,326
- Total liabilities, end of year
- $0
- Net assets, end of year
- $54,160,326
- Fair market value of assets
- $54,160,326
- Qualifying distributions
- $2,720,355
- Net investment income
- $6,892,606
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BK SATTERFIELD 622 COMMERCE STREET, BLUEFIELD, WV 24701 | VICE PRESIDENT | 1 | $0 |
| JOHN H SHOTT 622 COMMERCE STREET, BLUEFIELD, WV 24701 | PRESIDENT | 1 | $0 |
| W CHANDLER SWOPE 622 COMMERCE STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
| MICHAEL R SHOTT 622 COMMERCE STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
| JAMES H SHOTT III 622 COMMERCE STREET, BLUEFIELD, WV 24701 | SECRETARY | 1 | $0 |
| JASON SHOTT 622 COMMERCE STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
| ANDREW SHOTT 622 COMMERCE STREET, BLUEFIELD, WV 24701 | TREASURER | 1 | $0 |
| ALLEN PEACOCK 622 COMMERCE STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2024: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK W WILKINSON 525 FEDERAL STREET, BLUEFIELD, WV 24701 | PAST VICE PRESIDENT | 1 | $6,666 |
| BK SATTERFIELD 525 FEDERAL STREET, BLUEFIELD, WV 24701 | VICE PRESIDENT | 1 | $0 |
| JOHN H SHOTT 525 FEDERAL STREET, BLUEFIELD, WV 24701 | PRESIDENT | 1 | $0 |
| W CHANDLER SWOPE 525 FEDERAL STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
| MICHAEL R SHOTT 525 FEDERAL STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
| JAMES H SHOTT III 525 FEDERAL STREET, BLUEFIELD, WV 24701 | SECRETARY | 1 | $0 |
| JASON SHOTT 525 FEDERAL STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
| J RONALD HYPES 525 FEDERAL STREET, BLUEFIELD, WV 24701 | TREASURER | 1 | $0 |
| ALLEN PEACOCK 525 FEDERAL STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
| ANDREW SHOTT 525 FEDERAL STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
990-PF for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| FRANK W WILKINSON 525 FEDERAL STREET, BLUEFIELD, WV 24701 | VICE PRESIDENT | 5 | $40,000 |
| BK SATTERFIELD 525 FEDERAL STREET, BLUEFIELD, WV 24701 | TREASURER | 1 | $0 |
| JOHN H SHOTT 525 FEDERAL STREET, BLUEFIELD, WV 24701 | PRESIDENT | 1 | $0 |
| W CHANDLER SWOPE 525 FEDERAL STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
| MICHAEL R SHOTT 525 FEDERAL STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
| JAMES H SHOTT III 525 FEDERAL STREET, BLUEFIELD, WV 24701 | SECRETARY | 1 | $0 |
| JASON SHOTT 525 FEDERAL STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
| RONNIE HYPES 525 FEDERAL STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
| CHARLIE COLE 525 FEDERAL STREET, BLUEFIELD, WV 24701 | DIRECTOR | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 622 COMMERCE ST, BLUEFIELD, WV 24701-3107
- In care of
- % FIRST CENTURY BANK TRUST DEPT
- Signed the 990-PF
- JOHN H SHOTT, PRESIDENT
- Phone
- (304) 809-1106
- Website
- SHOTTFOUNDATION.ORG
- Return prepared by
- BROWN EDWARDS & COMPANY 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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 55-0650833
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1986
- Accounting year ends
- December
- Files
- Form 990-PF
- Assets (IRS master file)
- $54,160,326
- Income (IRS master file)
- $11,032,782
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $6,957,031 | $3,325,992 | $54,160,326 | XML |
| 990-PF | December 2024 | $1,569,476 | $2,628,714 | $51,211,646 | XML |
| 990-PF | December 2023 | $3,979,327 | $2,670,826 | $48,344,742 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | 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 55-0650833).
Questions about HUGH I SHOTT JR FOUNDATION
- What is the EIN of HUGH I SHOTT JR FOUNDATION?
- The employer identification number (EIN) of HUGH I SHOTT JR FOUNDATION is 55-0650833.
- Is HUGH I SHOTT JR FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to HUGH I SHOTT JR FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HUGH I SHOTT JR FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HUGH I SHOTT JR FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HUGH I SHOTT JR FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of HUGH I SHOTT JR FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 8 people; 0 received compensation from the organization.
- How much revenue does HUGH I SHOTT JR FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $6,957,031, expenses of $3,325,992 and total assets of $54,160,326 at year end.
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