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A Private Foundation located in COVINGTON, VA
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About this Private Foundation: 397390
Headquartered in COVINGTON, VA, this highly regarded private foundation oversees assets totaling more than $65.8m. Recent records show that it distributed $2.1m in grants, with a median grant size of $0. Its highest grant award was $0. The foundation's main funding focus lies in Philanthropy. while also supporting efforts in areas like Voluntarism & Grantmaking Foundations and others. Eligible organizations may benefit from its grant opportunities. Despite its location in COVINGTON, VA, this foundation may fund programs across the United States and Canada. Subscription to The Grant Portal is required to access complete application details, contact information, deadlines, and funding restrictions.
Foundation Profile
In the tax year 2024, a prominent private foundation based in Covington has made significant strides in charitable giving, with total assets amounting to $65.8 million and distributing $2.1 million in grants. This foundation is dedicated to supporting philanthropic initiatives, particularly in the realms of voluntarism and grantmaking. Its mission centers on empowering organizations that actively engage in charitable activities, rather than conducting such activities directly.
The foundation prioritizes funding for organizations that align with its core interests in philanthropy, focusing on enhancing community well-being and fostering volunteerism. By providing financial support to various nonprofit entities, it aims to amplify their impact in addressing pressing societal needs. Grant opportunities are available for a diverse range of projects, with a strong emphasis on those that demonstrate a commitment to community service and volunteer engagement.
Eligibility criteria for funding typically include a requirement for organizations to be recognized as tax-exempt under relevant regulations, ensuring that the foundation's contributions are directed towards legitimate and impactful initiatives. While the foundation does not actively conduct charitable activities itself, it plays a crucial role in facilitating funding for those that do, allowing it to extend its reach and influence within the philanthropic landscape.
In addition to its focus on voluntarism, the foundation is committed to supporting innovative approaches to grantmaking that foster sustainable change. It encourages applications from organizations that demonstrate clear objectives and measurable outcomes, ensuring that funds are utilized effectively to benefit the community.
With total expenditures of $200,000 in the current tax year, the foundation remains a vital player in the philanthropic sector, dedicated to enhancing the capacity of organizations that drive positive change. As grant seekers explore funding opportunities, they are encouraged to align their proposals with the foundation's mission and priorities, maximizing their chances of securing support for their initiatives.
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COVINGTON, VA
Summary
Assets
$65.8m
Distributions
$2.1mContributions
$200kGrant Median
$Count
0Grant Max
$0
Latest Tax e-Filing
2022Published by IRS
2024People
| # | Name | Title | Hours / Wk | Comp ($) |
|---|---|---|---|---|
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