Skip to content
ProPublica Donate

Groves Chaney Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$81.3k (2025)

Expenses
$105k (2025)

Total Assets
$1.53M (2025)

Total Liabilities
$0 (2025)

Source: Form 990 tax filings from 2011 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Oct.
2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$81,345
Expenses
$104,700
Net Income
-$23,355
Net Assets
$1,525,726
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $48,563
59.7%
Sales of Assets $30,868
37.9%
Other Income $1,914
2.4%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $98,513
94.1%
Compensation of Officers* $11,976
11.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,525,726
Total Liabilities $0
Net Assets $1,525,726
Compensation
Key Employees and Officers Compensation Other
Truist Bank (Trustee) $11,976 $0
Mattie Sheppard (President/Director) $0 $0
Jett G Wood (Director) $0 $0
J Smith Chaney Jr (Director) $0 $0
Nancy Dickison (Director) $0 $0

Document Links

Fiscal Year Ending Oct.
2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$110,126
Expenses
$111,821
Net Income
-$1,695
Net Assets
$1,541,703
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $47,084
42.8%
Sales of Assets $63,042
57.2%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $98,063
87.7%
Compensation of Officers* $11,076
9.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,541,703
Total Liabilities $0
Net Assets $1,541,703
Compensation
Key Employees and Officers Compensation Other
Truist Bank (Trustee) $11,076 $0
Mattie Sheppard (President/Director) $0 $0
Jett G Wood (Director) $0 $0
J Smith Chaney Jr (Director) $0 $0
Nancy Dickison (Director) $0 $0

Document Links

Fiscal Year Ending Oct.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$352,228
Expenses
$99,455
Net Income
$252,773
Net Assets
$1,524,512
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $835
0.2%
Dividends $43,991
12.5%
Sales of Assets $307,402
87.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $91,699
92.2%
Compensation of Officers* $11,347
11.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,524,512
Total Liabilities $0
Net Assets $1,524,512
Compensation
Key Employees and Officers Compensation Other
Truist Bank (Trustee) $11,347 $0
Mattie Sheppard (President/Director) $0 $0
Jett G Wood (Director) $0 $0
J Smith Chaney Jr (Director) $0 $0
Nancy Dickison (Director) $0 $0

Document Links

Fiscal Year Ending Oct.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$123,006
Expenses
$99,137
Net Income
$23,869
Net Assets
$1,270,306
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $575
0.5%
Dividends $43,368
35.3%
Sales of Assets $78,924
64.2%
Other Income $139
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $91,138
91.9%
Compensation of Officers* $11,226
11.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,270,306
Total Liabilities $0
Net Assets $1,270,306
Compensation
Key Employees and Officers Compensation Other
Truist Bank (Trustee) $11,226 $0
Mattie Sheppard (President/Director) $0 $0
Jett G Wood (Director) $0 $0
J Smith Chaney Jr (Director) $0 $0
Nancy Dickison (Director) $0 $0

Document Links

Fiscal Year Ending Oct.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$97,364
Expenses
$96,241
Net Income
$1,123
Net Assets
$1,246,109
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $1
0.0%
Dividends $43,299
44.5%
Sales of Assets $54,064
55.5%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $90,747
94.3%
Compensation of Officers* $10,443
10.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,246,109
Total Liabilities $0
Net Assets $1,246,109
Compensation
Key Employees and Officers Compensation Other
Truist Bank (Trustee) $10,443 $0
Mattie Sheppard (President/Director) $0 $0
Jett G Wood (Director) $0 $0
J Smith Chaney Jr (Director) $0 $0
Nancy Dickison (Director) $0 $0

Document Links

Fiscal Year Ending Oct.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$26,025
Expenses
$98,679
Net Income
-$72,654
Net Assets
$1,244,272
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $44,468
> 100%
Sales of Assets $0
Other Income $68
0.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $82,525
83.6%
Compensation of Officers* $8,310
8.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,244,273
Total Liabilities $1
Net Assets $1,244,272
Compensation
Key Employees and Officers Compensation Other
Branch Banking Trust Company (Trustee) $8,310 $0
Mattie Sheppard (President/Director) $0 $0
Jett G Wood (Director) $0 $0
J Smith Chaney Jr (Director) $0 $0
Nancy Dickison (Director) $0 $0

Document Links

Fiscal Year Ending Oct.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$215,041
Expenses
$96,123
Net Income
$118,918
Net Assets
$1,317,368
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $47,044
21.9%
Sales of Assets $167,997
78.1%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $85,000
88.4%
Compensation of Officers* $8,268
8.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,317,369
Total Liabilities $1
Net Assets $1,317,368
Compensation
Key Employees and Officers Compensation Other
Branch Banking Trust Company (Trustee) $8,268 $0
Mattie Sheppard (President/Director) $0 $0
Jett G Wood (Director) $0 $0
J Smith Chaney Jr (Director) $0 $0
Nancy Dickison (Director) $0 $0

Document Links

Fiscal Year Ending Oct.
2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$70,302
Expenses
$92,753
Net Income
-$22,451
Net Assets
$1,198,398
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $45,863
65.2%
Sales of Assets $24,408
34.7%
Other Income $31
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $82,000
88.4%
Compensation of Officers* $8,407
9.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,198,398
Total Liabilities $0
Net Assets $1,198,398
Compensation
Key Employees and Officers Compensation Other
Branch Banking Trust Company (Trustee) $8,407 $0
Mattie Sheppard (President/Director) $0 $0
Lynanne L Newman (Secretary/Treasurer) $0 $0
Jett G Wood (Director) $0 $0
J Smith Chaney Jr (Director) $0 $0
Nancy Dickison (Director) $0 $0

Document Links

Fiscal Year Ending Oct.
2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$92,662
Expenses
$90,447
Net Income
$2,215
Net Assets
$1,221,091
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $43,082
46.5%
Sales of Assets $48,873
52.7%
Other Income $707
0.8%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $81,003
89.6%
Compensation of Officers* $8,098
9.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,221,091
Total Liabilities $0
Net Assets $1,221,091
Compensation
Key Employees and Officers Compensation Other
Branch Banking Trust Company (Trustee) $8,098 $0
Ruth Chaney (President/Director) $0 $0
Mattie Sheppard (Vp/Director) $0 $0
Lynanne L Newman (Secretary/Treasurer) $0 $0
Jett G Wood (Director) $0 $0
J Smith Chaney Jr (Director) $0 $0
Nancy Dickison (Director) $0 $0

Document Links

Fiscal Year Ending Oct.
2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$67,420
Expenses
$169,052
Net Income
-$101,632
Net Assets
$1,218,827
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $44,234
65.6%
Sales of Assets $23,186
34.4%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $159,000
94.1%
Compensation of Officers* $7,715
4.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,218,827
Total Liabilities $0
Net Assets $1,218,827
Compensation
Key Employees and Officers Compensation Other
Branch Banking Trust Company (Trustee) $7,715 $0
Irving M Groves Jr (President/Director) $0 $0
Ruth G Chaney (Vp/Director) $0 $0
Lynanne L Newman (Secretary/Treasurer) $0 $0

Document Links

Fiscal Year Ending Oct.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$81,541
Expenses
$11,743
Net Income
$69,798
Net Assets
$1,320,265
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $445
0.5%
Dividends $44,679
54.8%
Sales of Assets $36,142
44.3%
Other Income $275
0.3%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $2,000
17.0%
Compensation of Officers* $8,131
69.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,320,265
Total Liabilities $0
Net Assets $1,320,265
Compensation
Key Employees and Officers Compensation Other
Branch Banking Trust Company (Trustee) $8,131 $0
Irving M Groves Jr (President/Director) $0 $0
Ruth G Chaney (Vp/Director) $0 $0
Lynanne L Newman (Secretary/Treasurer) $0 $0

Document Links

Fiscal Year Ending Oct.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$155,400
Expenses
$162,956
Net Income
-$7,556
Net Assets
$1,250,447
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $44,548
28.7%
Sales of Assets $110,852
71.3%
Other Income $0
Notable Expenses Percent of Total Expenses
Charitable Disbursements $152,500
93.6%
Compensation of Officers* $8,171
5.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,250,447
Total Liabilities $0
Net Assets $1,250,447

Document Links

Fiscal Year Ending Oct.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$121,597
Expenses
$11,549
Net Income
$110,048
Net Assets
$1,257,933
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $43,205
35.5%
Sales of Assets $78,316
64.4%
Other Income $76
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $0
Compensation of Officers* $7,684
66.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,257,933
Total Liabilities $0
Net Assets $1,257,933

Document Links

Fiscal Year Ending Oct.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$147,115
Expenses
$84,241
Net Income
$62,874
Net Assets
$1,147,999
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $46,119
31.3%
Sales of Assets $100,195
68.1%
Other Income $801
0.5%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $72,000
85.5%
Compensation of Officers* $7,279
8.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,147,999
Total Liabilities $0
Net Assets $1,147,999

Document Links

Fiscal Year Ending Oct.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$141,941
Expenses
$76,310
Net Income
$65,631
Net Assets
$1,087,528
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $0
Interest Revenue $0
Dividends $47,466
33.4%
Sales of Assets $93,031
65.5%
Other Income $1,444
1.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $67,020
87.8%
Compensation of Officers* $7,144
9.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $1,087,529
Total Liabilities $1
Net Assets $1,087,528

Document Links

Fiscal Year Ending Oct.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Oct.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us