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A Private Foundation located in Richmond, VA
Latest data derived from the private foundation e-Filings updated by the IRS
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About this Private Foundation: 441981
This private foundation, headquartered in Richmond, VA, is backed by over $3.5m in total assets. Its IRS 990-PF filing shows it awarded $386.5k in grants, with a median grant size of $0 and the largest grant totaling $0. 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 Richmond, 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 tax year 2024, a prominent private foundation based in Richmond has made significant strides in supporting philanthropic initiatives, with total assets amounting to $3.5 million. This foundation is dedicated to enhancing community welfare through its commitment to voluntarism and grantmaking, focusing on fostering a culture of charitable giving.
With a total of $386.5K distributed in grants this year, the foundation demonstrates a robust commitment to funding projects that align with its mission of promoting social good. The foundation prioritizes funding opportunities that empower local communities, support innovative programs, and enhance the quality of life for individuals and families. The total expenditure for the year stands at $149.8K, reflecting a strategic approach to resource allocation that maximizes impact.
Grant seekers interested in applying for funding should note that the foundation is particularly interested in initiatives that promote community engagement, education, and social services. The foundation is open to a variety of projects that align with its core values, including those that encourage volunteerism and foster sustainable development.
Eligibility criteria for potential grantees typically include being a registered nonprofit organization or a community-based initiative operating within the foundation's funding locations. The foundation seeks to partner with organizations that demonstrate a clear alignment with its mission and can effectively utilize the funding to achieve measurable outcomes.
In addition to its grantmaking efforts, the foundation actively encourages collaboration among local nonprofits, aiming to strengthen the overall philanthropic landscape. By focusing on strategic partnerships, the foundation seeks to amplify the impact of its grants and foster a culture of giving within the community.
Overall, this foundation exemplifies a strong commitment to philanthropy and community support, making it a valuable resource for organizations seeking funding to drive positive change. As grant opportunities continue to evolve, this foundation remains dedicated to addressing the pressing needs of the communities it serves.
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Richmond, VA
Summary
Assets
$3.5m
Distributions
$386.5kContributions
$149.7kGrant Median
$Count
0Grant Max
$0
Latest Tax e-Filing
2023Published by IRS
2024People
| # | Name | Title | Hours / Wk | Comp ($) |
|---|---|---|---|---|
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