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Virginia private foundations

There are 3,392 private foundations in Virginia. Combined, these Virginian private foundations employ 359 people, earn more than $3 billion in revenue each year, and have assets of $17 billion.
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Types of private foundations in Virginia

Nonprofit typeNumberRevenues
Private foundations
 
3,392
 
$2,587,958,872
Corporate foundations
 
51
 
$516,923,491
Showing 2 of 2 categories

Private foundations by major Virginia cities

Metro areaNonprofitsRevenues
Washington DC
 
1,459
 
$1,480,221,968
Richmond
 
580
 
$427,468,907
Virginia Beach
 
559
 
$228,191,266
Charlottesville
 
192
 
$213,113,778
Roanoke
 
131
 
$34,503,535
Lynchburg
 
74
 
$29,542,545
Blacksburg
 
53
 
$10,847,197
Winchester
 
48
 
$3,953,171
Kingsport, TN
 
35
 
$27,574,914
Harrisonburg
 
33
 
$2,090,464
Showing 10 of 11 metros

Sizes of private foundations in Virginia

Revenues per organizationNumber of organizations
< $250k
 
1,832
$250k to $1M
 
364
$1M to $5M
 
175
$5M to $25M
 
73
$25M to $100M
 
11
$100M+
 
3
Key takeaways for revenue stats:

Directory of private foundations in Virginia

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1-20 of 3,392

Karlgaard Family Foundation

Karlgaard Family Foundation funds scholarships, teaching awards, and general use. Made eight grants last year. Located in Great Falls, VA.
Revenue
$6.3m
Assets
$33.8m
Employees
0
EIN
31-1810538
IRS type
501(c)(3)

Orange Crimson Foundation

The Orange Crimson Foundation is a private foundation that made 22 grants last year. Grantees include The Reach (Kennedy Center). Trustees are Daniel D'aniello, Gayle D'aniello. It is located in Washington, DC.
Revenue
$6.3m
Assets
$158.8m
Employees
0
EIN
46-1233894
IRS type
501(c)(3)

Capital One Foundation

The Capital One Foundation is a corporate foundation that focuses on teachers college. It partners with 13 community colleges engaged in various efforts to improve outcomes for their students. The foundation made 13 grants last year.
Revenue
$206.3m
Assets
$327.8m
Employees
0
EIN
11-3276603
IRS type
501(c)(3)

Bedford Falls Foundation

The Bedford Falls Foundation is a private foundation located in Washington, D.C. It made 17 grants last year to organizations such as the University Of Maryland Baltimore Foundation Inc.
Revenue
$275.3m
Assets
$316.2m
Employees
0
EIN
52-6834462
IRS type
501(c)(3)

Claude Moore Charitable Foundation

The Claude Moore Charitable Foundation is an organization recognized for instigating programs and partnerships aimed at increasing academic competence and encouraging leadership abilities, with an emphasis on the underprivileged.
Revenue
$23.1m
Assets
$228.4m
Employees
17
EIN
52-1558571
IRS type
501(c)(3)

David Bruce Smith Foundation

The David Bruce Smith Foundation is a private foundation located in Arlington, VA. The foundation primarily funds donations and made five grants last year. Grantees include Charles E Smith Life Communities Hebrew Home Of Greater Washington and others.
Revenue
$10.6m
Assets
$19.6m
Employees
0
EIN
46-4159215
IRS type
501(c)(3)

Susan Lynde Duval Phipps Foundation

Private foundation in VA aiding humanitarian, climate, and community crises, animal welfare, and advanced illness care. 17 grants issued last year.
Revenue
$7.5m
Assets
$13.6m
Employees
0
EIN
54-2015359
IRS type
501(c)(3)

The Arhant Social Foundation

The Arhant Social Foundation funds education in slum areas of India, supporting literacy and well-being through grants to various organizations.
Revenue
$221.0m
Assets
$229.2m
Employees
0
EIN
54-1973018
IRS type
501(c)(3)

The Kimmy Duong Foundation

The Kimmy Duong Foundation is a private foundation that primarily funds scholarships and charitable grants. Last year, it made five grants to organizations such as the Umd-University Of Maryland. It is located in Reston, VA.
Revenue
$8.2m
Assets
$17.4m
Employees
0
EIN
47-3807156
IRS type
501(c)(3)

The Pedersen Foundation

The Pedersen Family Foundation is a private foundation that made 12 grants last year. It is supported by George Marilyn Pedersen and located in Herndon, VA. Grantees include Saint Francis Neighborhood Center.
Revenue
$12.1m
Assets
$238.9m
Employees
0
EIN
47-1188416
IRS type
501(c)(3)

Sterling Foundation Management

Sterling Foundation Management is a Reston, VA firm providing turnkey foundation management, compliance, grant support, and leading Secondary Planning Services for Charitable Remainder Trusts.
Revenue
$12.8m
Assets
$20.9m
Employees
0
EIN
38-6091368
IRS type
501(c)(3)

Jack Kent Cooke Foundation (JKCF)

The Jack Kent Cooke Foundation is dedicated to advancing the education of exceptionally promising students who have financial need.
Revenue
$43.9m
Assets
$940.1m
Employees
59
EIN
54-1896244
IRS type
501(c)(3)

Culp Family Foundation

The Culp Family Foundation is a private foundation that primarily funds 2020 grant for general operating. Grantees include The Potomac School and others. Made three grants last year. Located in Mclean, VA.
Revenue
$18.1m
Assets
$38.5m
Employees
0
EIN
45-5394566
IRS type
501(c)(3)

The Luminescence Foundation

The Luminescence Foundation is a private foundation that is located in Marshall, VA. The foundation makes annual grants that totaled $1,120,459 last year. The foundation has total assets of $14,370,145.
Revenue
$6.3m
Assets
$30.9m
Employees
0
EIN
54-1989253
IRS type
501(c)(3)

Kohn Charitable Trust

The Kohn Charitable Trust is a private foundation that primarily funds the Hermann and Amalie Kohn Professorship of Social Justice and Social Policy Fund, to support first-time mothers, and to support the Shape NC program.
Revenue
$14.0m
Assets
$50.5m
Employees
0
EIN
81-4683592
IRS type
501(c)(3)

Philip L Graham Fund

Philip L Graham Fund was established in 1963, the Fund is named in memory of Philip L. Graham, who was publisher of The Washington Post from 1946 to 1961 and president of The Washington Post Company (now Graham Holdings Company) from 1947 to 1963.
Revenue
$6.3m
Assets
$86.9m
Employees
2
EIN
52-6051781
IRS type
501(c)(3)

Walton and Ada Thompson Charitable Foundation

Walton and Ada Thompson Charitable Foundation is a private foundation located in Madison, VA with trustees including Steve Grayson, Matthew Charles Paige, and G Howard Curtis.
Revenue
$15.8m
Assets
$14.8m
Employees
0
EIN
88-3623706
IRS type
501(c)(3)

Weissberg Foundation

The Weissberg Foundation is a Virginia-based family foundation funding racial equity power-building for Black, Indigenous, and Communities of Color through aligned investing and grants.
Revenue
$21.5m
Assets
$223.0m
Employees
5
EIN
54-1475954
IRS type
501(c)(3)

Volgenau Foundation

Volgenau Foundation is the small, Virginia-based family foundation of Ernst and Sara Volgenau. The foundation gives to a mix of conservation, education and arts.
Revenue
$27.2m
Assets
$166.2m
Employees
5
EIN
54-1738281
IRS type
501(c)(3)

Gregg Turk Foundation

The Gregg Turk Foundation advocates for sound stock market investing and shares the investment philosophy employed by Gregg during his 40+ years of professional investing.
Revenue
$36.4m
Assets
$38.1m
Employees
0
EIN
87-2216197
IRS type
501(c)(3)
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Methodology: Cause IQ mines all tax-exempt organizations that file a Form 990, Form 990-EZ, or Form 990-PF with the IRS. We collect and aggregate this information from OCR'd paper taxreturns, XML e-file taxreturns, IRS-provided extract, the Business Master File, and Cause IQ secret sauce for data cleaning, categorization, classification, analytics, etc.
This category corresponds to the "T20: Private Foundations" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.
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