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Alleghany Foundation is a private corporation based in COVINGTON, VA. The foundation received its IRS ruling in 1995. It holds total assets of $64.4M. Annual income is reported at $13.3M. N/A - THE FOUNDATION DOES NOT ACTIVELY CONDUCT CHARITABLE ACTIVITIES ITSELF, BUT RATHER FUNDS OTHER ORGANIZATIONS THAT DO. According to available records, Alleghany Foundation has made 177 grants totaling $7.6M, with a median grant of $25K. Annual giving has grown from $1.2M in 2020 to $4.7M in 2022. Individual grants have ranged from $11 to $272K, with an average award of $43K. The foundation has supported 21 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
N/A - THE FOUNDATION DOES NOT ACTIVELY CONDUCT CHARITABLE ACTIVITIES ITSELF, BUT RATHER FUNDS OTHER ORGANIZATIONS THAT DO.
N/A - THE FOUNDATION DOES NOT ACTIVELY CONDUCT CHARITABLE ACTIVITIES ITSELF, BUT RATHER FUNDS OTHER ORGANIZATIONS THAT DO. Based on available records, the foundation has funded 177 grants. Its grantmaking reaches organizations primarily in VA.
Alleghany Foundation has distributed a total of $7.6M across 177 grants. The median grant size is $25K, with an average of $43K. Individual grants have ranged from $11 to $272K.
The application deadline is APPLICATIONS ARE ACCEPTED YEAR-ROUND.. GRANTS ARE GENERALLY AWARDED ONLY TO ORGANIZATIONS WITHIN THE FOUNDATION'S GEOGRAPHIC AREA (ALLEGHANY COUNTY, CLIFTON FORGE & COVINGTON AREAS). GRANTS ARE NOT MADE TO INDIVIDUALS OR RELIGIOUS ORGANIZATIONS.
Alleghany Foundation is headquartered in COVINGTON, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mary Fant Donnan | EXECUTIVE DIRECTOR | $183K | $37K | $221K |
| Brandon S Caldwell | DIRECTOR | $0 | $0 | $0 |
| Dr David E Crandall | DIRECTOR | $0 | $0 | $0 |
| James R Eller | DIRECTOR | $0 | $0 | $0 |
| Jack A Hammond Ii | DIRECTOR | $0 | $0 | $0 |
Total Giving
$4.6M
Total Assets
$64.5M
Fair Market Value
$71.3M
Net Worth
$61.7M
Grants Paid
$3.2M
Contributions
$42K
Net Investment Income
$1.4M
Distribution Amount
$3.3M
Total: $0
Total Grants
177
Total Giving
$7.6M
Average Grant
$43K
Median Grant
$25K
Unique Recipients
21
Most Common Grant
$3K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Alleghany Highlands Community Services Board FoundationMOODY BUILDING ROOF REPLACEMENT PROJECT | Covington, VA | $234K | 2022 |
| Alleghany Highlands YmcaPOOL DEHUMIDIFICATION & BUILDING AUTOMATION SYSTEM | Covington, VA | $183K | 2022 |
| City Of CovingtonENGINEERING STUDY FOR CONSOLIDATED SPORTS FACILITIES | Covington, VA | $134K | 2022 |
| Alleghany Highlands Chamber Of Commerce And TourismOPERATIONAL FUNDS & PROGRAM SUPPORT 2021-2024 | Covington, VA | $120K | 2022 |
| Covington City Public SchoolsJOINT SCHOOL COMMUNICATIONS SPECIALIST |
DEMAREST, NJ
EDMONDS, WA
ALBANY, NY
SALISBURY, CT
| Teresa B Johnson |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Ray Lipes | DIRECTOR | $0 | $0 | $0 |
| Nancy Moga | DIRECTOR | $0 | $0 | $0 |
| R Meade Snyder | DIRECTOR | $0 | $0 | $0 |
| Rachael Thompson | DIRECTOR | $0 | $0 | $0 |
| Dr Michele Ballou | DIRECTOR EMERITUS | $0 | $0 | $0 |
| Harrison L Fridley | DIRECTOR EMERITUS | $0 | $0 | $0 |
| Jack A Hammond | DIRECTOR EMERITUS | $0 | $0 | $0 |
| Charles W Kahle | DIRECTOR EMERITIS | $0 | $0 | $0 |
| George J Kostel | DIRECTOR EMERITUS | $0 | $0 | $0 |
| Dr Leo T Mulcahy | DIRECTOR EMERITUS | $0 | $0 | $0 |
| Lisa H Schoppmeyer | DIRECTOR EMERITUS | $0 | $0 | $0 |
| George C Snead Jr | DIRECTOR EMERITUS | $0 | $0 | $0 |
| James D Snyder | DIRECTOR EMERITUS | $0 | $0 | $0 |
| Lynda Thompson | DIRECTOR EMERITUS | $0 | $0 | $0 |
| Anne L Wright | DIRECTOR EMERITUS | $0 | $0 | $0 |
| Kelly Dean Madsen | SECRETARY/ TREASURER | $0 | $0 | $0 |
| Janie D Barnette | DIRECTOR | $0 | $0 | $0 |
| Susan W Rollinson Phd | BOARD PRESIDENT | $0 | $0 | $0 |
| Low Moor, VA |
| $87K |
| 2022 |
| The Masonic Theatre Preservation FoundationGENERAL OPERATING SUPPORT AND BUILDING MAINTENANCE | Clifton Forge, VA | $50K | 2022 |
| Alleghany Historical SocietyALLEGHANY HIGHLANDS INDUSTRIAL HERITAGE AND TECHNOLOGY DISCOVERY CENTER RENOVATION COMPLETION | Covington, VA | $49K | 2022 |
| Alleghany Highlands Arts CouncilORGANIZATIONAL & PROGRAMMING SUPPORT FOR 2022-23 | Covington, VA | $47K | 2022 |
| Alleghany Highlands Arts & Crafts CenterMATCHING GENERAL OPERATING SUPPORT | Clifton Forge, VA | $42K | 2022 |
| Alleghany County Public SchoolsJOINT SCHOOL CONSOLIDATION IMPLEMENTATION PLANNING | Low Moor, VA | $25K | 2022 |
| The Advancement FoundationPRODUCT DISCOVERY, DEVELOPMENT & SCALE INITIATIVE | Vinton, VA | $14K | 2022 |
| Blue Ridge Legal ServicesIMPROVING ACCESS TO CIVIL LEGAL ASSISTANCE FOR LOW-INCOME RESIDENTS OF THE ALLEGHANY HIGHLANDS | Harrisonburg, VA | $11K | 2022 |
| Town Of Clifton ForgeCLIFTON FORGE LOVE SCULPTURE | Clifton Forge, VA | $10K | 2022 |
| Rector & Visitors Of The University Of VirginiaHIGH SCHOOL COLLEGE ADVISERS | Charlottesville, VA | $8K | 2022 |
| Garth Newel Music CenterALLEGHENY MOUNTAIN STRING PROJECT | Warm Springs, VA | $6K | 2022 |
| Industrial Development Authority Of Covington-Alleghany County VirginiaDOWNTOWN REVITALIZATION PROPERTY DEVELOPMENT - 410 WEST MAIN STREET | Covington, VA | $272K | 2021 |
| The Clifton Forge CompanyCLIFTON FORGE SCHOOL OF THE ARTS MILL RENOVATION PROJECT | Clifton Forge, VA | $45K | 2021 |
| Bath County Community HospitalBATH COMMUNITY PHYSICIANS GROUP COVINGTON FACILITY EXPANSION - MONROE AVENUE | Hot Springs, VA | $9K | 2021 |
| Special Olympics - Area 18BUS INSURANCE AND EQUIPMENT STORAGE | Eagle Rock, VA | $8K | 2021 |
| Jackson River EnterprisesJRE DAY SUPPORT INITIATIVE & EXPANDED COMMUNITY SUPPORT | Covington, VA | $3K | 2021 |
| Alleghany Highlands Economic Development CorporationEXECUTIVE DIRECTOR & PROJECT SUPPORT POSITIONS | Covington, VA | $229 | 2021 |
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