A Private Foundation located in COVINGTON, VA



Latest data derived from the private foundation e-Filings updated by the IRS

IRS Form 990 PF

A

2022 Tax Year

About this Private Foundation: 397390


This foundation, located in COVINGTON, VA, maintains assets exceeding $65.8m. In its most recent filings, it reported awarding $2.1m in grants, with a median award of $0 and a maximum single grant of $0. The foundation prioritizes initiatives related to Philanthropy. while also funding programs in Voluntarism & Grantmaking Foundations and other fields. Qualified organizations may find this a potential source of funding. Though based in COVINGTON, VA, its grantmaking is not limited geographically and may include the United States and Canada. To access full details including deadlines, instructions, and eligibility requirements, please subscribe to The Grant Portal.

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

$2.1m

Contributions

$200k

Grant Median

$

Count

0

Grant Max

$0
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Latest Tax e-Filing

2022

Published by IRS

2024

People

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# Name Title Hours / Wk Comp ($)

Charitable Activities

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Amount

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Max

State

VA

City

COVINGTON

Purpose

Interest

Philanthropy, Voluntarism & Grantmaking Foundations

104 results

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About The Grant Portal 

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The Grant Portal is aimed at giving nonprofits unfettered access to a public dataset of Form 990 tax filings published by the IRS.

The project republishes the IRS dataset, verbatim, focusing exclusively on Form 990 PF, the form most commonly filed by private foundations.

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