Public Charity

MAIN STREET GLOUCESTER PRESERVATION TRUST

MAIN STREET GLOUCESTER PRESERVATION TRUST is a private foundation categorized as Public Charity based in GLOUCESTER, VA. Its most recent IRS filing (2024) reports revenue of $344K, expenses of $372K, total assets of $3.9M. Imperigo tracks 18 reported grants from this foundation totaling approximately $558K.

EIN: 202744649 GLOUCESTER, VA Community & Neighborhood Development NTEE: S20 Latest filing: 2024
Total Revenue$344K
Total Expenses$372K
Total Assets$3.9M
Grants Given18
Grant Total$558K
Filing Years2020–2024

Mission

THE MAIN STREET GLOUCESTER PRESERVATION TRUST IS A CHARITABLE TRUST ESTABLISHED FEBRUARY 1, 2005 FOR THE PURPOSE OF MAINTAINING, AND PRESERVING MAIN STREET CENTER FOR THE BENEFIT OF THE COMMUNITY OF GLOUCESTER, VIRGINIA. THE TRUST'S SPECIFIC PURPOSES INCLUDE (A) MAINTAINING AND IMPROVING THE LAND AND STRUCTURES COMPRISING MAIN STREET CENTER, (B) ENHANCING THE BUSINESS AND ECONOMIC ENVIRONMENT OF MAIN STREET IN GLOUCESTER, VIRGINIA, (C) PRESERVING HISTORICAL LANDMARKS IN THE GLOUCESTER COURTHOUSE AREA, (D) PROMOTING CIVIC AND CULTURAL ACTIVITIES IN GLOUCESTER COUNTY, VA AND (E) OTHER PURPOSES NECESSARY OR ADVISABLE TO CARRY OUT THE GENERAL PURPOSES OF ATTRACTING NEW AND ADDITIONAL BUSINESS TO MAIN STREET GLOUCESTER, VIRGINIA AND PRESERVING MAIN STREET CENTER.

Where $100 goes at Main Street Gloucester Preservation Trust

How Main Street Gloucester Preservation Trust divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
To promote business in downtown Gloucester, va through advertising and various promotional efforts
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

GLOUCESTER MAIN STREET ASSOCIATION
GLOUCESTER, VA · 2023
PROMOTE HISTORIC GLOUCESTER MAIN STREET, PLAN AND IMPLEMENT EVENTS AND ATTRACT ADDITIONAL BUSINESSES AND RESIDENTS.
$39,742
GLOUCESTER, VA · 2023
TO SUPPORT THE ORGANIZATION'S TAX EXEMPT PURPOSE TO SUPPORT THE ARTS IN GLOUCESTER, VA
$14,000
GLOUCESTER MAIN STREET ASSOCIATION
GLOUCESTER, VA · 2022
PROMOTE HISTORIC GLOUCESTER MAIN STREET, PLAN AND IMPLEMENT EVENTS AND ATTRACT ADDITIONAL BUSINESSES AND RESIDENTS.
$67,480
FOSTER, VA · 2022
TO SUPPORT ORGANIZATION'S TAX-EXEMPT PURPOSE FOR ECONOMIC DEVELOPMENT OF THE GLOUCESTER COUNTY AREA.
$25,000
GLOUCESTER, VA · 2022
TO SUPPORT THE ORGANIZATION'S TAX EXEMPT PURPOSE TO SUPPORT THE ARTS IN GLOUCESTER, VA
$14,000

Showing up to 5 of 18 total records — full history available with membership.

Officers & Directors

CHAIRMAN Adrianne Joseph
EXECUTIVE DIRECTOR Ashley Gilmartin
BOARD MEMBER Cindy Jenkins
BOARD MEMBER Dave S Keel
SECRETARY David Brown
TREASURER David Hudson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$516,541 13 grants
Arts & Culture
$41,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $344K $372K $3.9M
2023 $51K $326K $3.9M
2022 $290K $585K $4.3M
2021 $670K $412K $4.5M
2020 $832K $663K $4.3M

Between 2020 and 2024, reported annual revenue declined from $832K to $344K (-59%), with total assets most recently reported at $3.9M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in VA.

VA

Full geographic grant map with state-by-state breakdown available with membership.

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