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A Private Foundation located in LYNCHBURG, VA
Latest data derived from the private foundation e-Filings updated by the IRS
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About this Private Foundation: 376551
This private foundation, headquartered in LYNCHBURG, VA, is backed by over $9.8m in total assets. Its IRS 990-PF filing shows it awarded $477.7k in grants, with a median grant size of $21.7k and the largest grant totaling $50k. The foundation's core mission is to fund projects and organizations aligned with Philanthropy. It also provides support in areas such as Voluntarism & Grantmaking Foundations and related causes. Even though it is based in LYNCHBURG, VA, the foundation may consider funding requests from organizations across the United States and Canada. To view application criteria, restrictions, deadlines, and contact information, a subscription to The Grant Portal is necessary.
Foundation Profile
In the realm of charitable giving, one private foundation stands out for its unwavering commitment to enhancing community welfare through targeted funding initiatives. With total assets reaching approximately $9.8 million in the tax year 2023, this foundation has demonstrated a robust dedication to supporting local organizations, distributing a total of $477.7K in grants to various impactful projects.
The foundation prioritizes funding for essential building repairs and renovations, educational resources, and critical equipment needs. Notably, it has invested significantly in projects that enhance the quality of life for residents in its geographic focus area, which includes Lynchburg and surrounding communities. Areas of support include upgrades for facilities, such as flooring and bathroom renovations, as well as the acquisition of vital equipment like x-ray machines. This comprehensive approach not only addresses immediate needs but also fosters long-term sustainability for the organizations it supports.
Eligible applicants include nonprofit organizations that align with the foundation's mission of philanthropy and voluntarism. The foundation encourages grant seekers who are engaged in community service and development to explore funding opportunities that can help realize their projects. In 2023, notable grants were awarded to local entities, such as a significant contribution to a mentoring program aimed at youth development and funding for essential services that combat food insecurity.
The foundation’s impact is felt deeply within the community, as it strives to uplift organizations that provide crucial services and foster growth. By focusing on collaborative partnerships, this foundation aims to create a ripple effect of positive change, empowering nonprofits to expand their reach and effectiveness.
For organizations that share a vision of community enhancement and are seeking financial support, this foundation represents a valuable resource. Explore the available funding opportunities and take the next step toward making a meaningful difference in your community through The Grant Portal.
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LYNCHBURG, VA
Summary
Assets
$9.8m
Distributions
$477.7kContributions
$0Grant Median
$21.7kCount
22Grant Max
$50k
Latest Tax e-Filing
2023Published by IRS
2023People
| # | Name | Title | Hours / Wk | Comp ($) |
|---|---|---|---|---|
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