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Beazley Foundation Inc. is a private corporation based in PORTSMOUTH, VA. The foundation received its IRS ruling in 1994. It holds total assets of $42.5M. Annual income is reported at $16M. The foundation is governed by 8 officers and trustees. Tax records are available from 2018 to 2024. Grantmaking is concentrated in Virginia. According to available records, Beazley Foundation Inc. has made 201 grants totaling $6.6M, with a median grant of $20K. Annual giving has grown from $1.6M in 2020 to $3.2M in 2022. Individual grants have ranged from $500 to $125K, with an average award of $33K. The foundation has supported 108 unique organizations. The foundation primarily supports organizations in Virginia, Kentucky, District of Columbia, which account for 98% of all grants. Grantmaking reaches organizations across 5 states. Contributions to this foundation are tax-deductible.
The Beazley Foundation has operated since 1948 on a philosophy shaped directly by its founder Fred W. Beazley — a Portsmouth businessman who rebuilt his fortune after the Great Depression and channeled that success into his hometown's welfare. That founding story is not background color; it is the active framework through which the foundation evaluates every application. The organization remains privately endowed, accepts no outside donations, and functions as a community steward with deep institutional loyalty to Portsmouth and the South Hampton Roads region.
The foundation's giving philosophy centers on what can be seen, measured, and named. Capital projects — scholarship endowments, renovated facilities, technology systems, medical equipment — dominate its portfolio. Of the top 50 documented grantees, the majority received funds specifically for capital improvements or named scholarship programs: the Beazley Foundation Endowed Scholarship at Christopher Newport University, the Beazley Student Tech Center at Virginia Wesleyan University, the Richard Bray Critical Care Tower at Chesapeake Regional Health Foundation. This pattern is consistent and intentional — the foundation values institutional legacy and permanence over year-to-year programmatic support.
Relationship continuity is equally defining. Top grantees in the database averaged 2.5 grants each across the recorded period, and many leading recipients — ODU College of Health Sciences Foundation, Christopher Newport University, Portsmouth Schools Foundation — have received 3–4 separate grants with cumulative totals reaching $375,000. The foundation clearly prefers ongoing partnerships with proven organizations over single-transaction support.
First-time applicants must internalize the mandatory pre-submission requirement: all proposals must be discussed with President Robert Best or his designee before any paperwork is submitted. Best, who took over in June 2021 after Judge Richard Bray's 19-year tenure, comes from public-sector civic leadership (former Chesapeake fire chief and city councilman, Regent University MBA and JD). The pre-submission conversation is not a formality — it is the primary screening filter.
The most competitive applicants are 501(c)(3) organizations with strong roots in Portsmouth or South Hampton Roads, a track record of sound financial management, and a project that leaves a named or visible legacy in the community. Think of any first grant as an introduction to a long-term relationship.
The Beazley Foundation distributes approximately $3.0M–$3.5M in annual total giving across its grantmaking and direct operations (including the Beazley Senior Center, which it operates directly). External grants paid to outside organizations have ranged from $1,586,772 (2020) to $1,801,598 (2021), a consistent band of roughly $1.6M–$1.8M in external grantmaking per year since 2019. This represents a notable decrease from the foundation's historical peak: in 2013–2015, grants paid to outside organizations exceeded $2.3M annually and total giving reached $4.2M. Total assets have remained stable at $41M–$42M (IRS 990 filings; some third-party sources cite $60M, which may reflect a different valuation methodology).
Across 201 documented grants in the database, the average grant is $33,007 with a median of $22,500 — indicating a right-skewed distribution where a small number of large commitments pull the average above the typical award. Typical grants range from $515 to $125,000 per installment, though multi-year awards can push effective totals above that ceiling (the Pipsico Scout Reservation commitment in 2025–2026 reached $200,000 across two payments).
Education dominates the portfolio. The four largest cumulative grantees are all educational institutions: ODU College of Health Sciences Foundation ($375,000), Christopher Newport University ($375,000), Portsmouth Schools Foundation ($272,406), and Virginia Wesleyan University ($250,000). Education-related recipients — including K–12 schools, scholarship pools, and university capital campaigns — account for an estimated 45–55% of all grant dollars. Healthcare is the second-largest cluster: Children's Hospital of the King's Daughters ($250,000), Chesapeake Regional Health Foundation ($200,000), Edmarc Inc. ($225,000), and Eastern Virginia Medical School ($125,000+) together represent roughly 20–25% of documented giving.
Youth and community services recipients — Boys & Girls Club of SE Virginia ($178,000), Union Mission ($94,000), Mercy Chefs ($100,000), Roc Solid ($84,000) — typically receive smaller per-grant amounts in the $15,000–$50,000 range for capital purchases: buses, vehicles, refrigerated trucks, computers. Recreation, arts, and environment collectively represent approximately 10–15% of giving. Geographic concentration is pronounced: Virginia accounts for 94.5% of all grants (190 of 201), with South Hampton Roads the clear epicenter.
The Beazley Foundation occupies a distinctive niche among Hampton Roads and Virginia regional philanthropies: a mid-size, place-based private foundation with a 75-year institutional identity and a strong bias toward capital, educational, and healthcare outcomes. Its profile differs meaningfully from regional community foundations, which pool donor-advised funds across a broad funder base and conduct open competitive cycles.
| Foundation | Assets (approx.) | Annual Giving (approx.) | Primary Focus | Application Process |
|---|---|---|---|---|
| Beazley Foundation Inc. (Portsmouth, VA) | $42M | $1.6–1.8M external grants | Education, healthcare, youth services — SE Virginia | Invited: mandatory pre-submission call with president |
| Hampton Roads Community Foundation (Norfolk, VA) | ~$215M | ~$15M | Broad community needs, scholarships, nonprofits | Open competitive cycles with published deadlines |
| Jessie Ball duPont Fund (Jacksonville, FL/VA) | ~$375M | ~$15M | Education, religion, community, racial equity — SE states | Invited: limited eligible grantee universe |
| Obici Healthcare Foundation (Suffolk, VA) | ~$100M | ~$5M | Healthcare access, prevention — Suffolk/Isle of Wight | Open with LOI process; healthcare-specific |
| Community Foundation for a Greater Richmond (Richmond, VA) | ~$800M | ~$40M | Broad community needs — central Virginia | Open competitive; donor-directed and competitive grants |
*Note: Peer asset and giving figures are approximate based on publicly available 990 data and foundation websites; verify with current sources before citing.*
Beazley's defining differentiator is its relationship-first, invitation-adjacent model and its strong attachment to a specific place. Unlike the Hampton Roads Community Foundation's open competitive process, Beazley proposals flow only from pre-approved conversations with its president. Its giving-to-assets ratio (roughly 4–5% of total assets in external grants annually) is at the low end, reflecting the dual role of grantmaker and direct service provider via the Beazley Senior Center. Applicants should expect a slower, more deliberate decision-making process than community foundation cycles, offset by the potential for deep multi-year partnership.
The most significant documented grant in 2025–2026 is the foundation's $200,000 commitment to Scouting America Tidewater Council for the Fred Beazley Aquatics Center at Camp Lions on Pipsico Scout Reservation in Surry County, Virginia. Structured as two $100,000 installments (first paid May 2025, second scheduled May 2026), the grant funded facility renovations including individual shower rooms with sinks and toilets, separate changing areas, outdoor rinse showers, pool pump replacements, a staff room, and exterior improvements. A formal dedication ceremony was held October 2, 2025. As part of the arrangement, Pipsico's summer camp program will carry the name 'Beazley Scouts BSA Summer Camp' for five years (2026–2030) — a naming recognition structure consistent with the foundation's top-tier grant patterns.
The most consequential organizational transition in recent years was the June 2021 leadership handover from President Richard S. Bray — a retired Virginia Court of Appeals judge who served 19 years and whose name appears on the Richard Bray Critical Care Tower at Chesapeake Regional Health Foundation — to Robert S. Best. Best's 2023 990 compensation was $226,492, consistent with the president's role as the sole senior staff officer in a lean, trustee-governed organization. The board of trustees includes Chairman Richard Bray (retained post-presidency), Vice President Diane Pomeroy Griffin, Secretary P. Ward Robinett Jr., and trustees Christine Piersall, Lawrence W. I'Anson III, W. Ashton Lewis, Whitney G. Saunders, and John Failes. No new program areas, grantmaking strategy announcements, or leadership additions have been publicly identified for 2025–2026 beyond the Pipsico grant.
The single most critical requirement for any Beazley Foundation applicant is the mandatory pre-submission conversation. The foundation's published policy is explicit: 'ALL GRANT PROPOSALS MUST BE DISCUSSED WITH THE PRESIDENT OF THE FOUNDATION OR HIS OR HER DESIGNEE PRIOR TO SUBMISSION. APPLICATIONS WILL BE FORWARDED AFTER DISCUSSION.' This is not advisory. Proposals submitted without this discussion will not be reviewed. Initiate contact by calling (757) 393-1605 or emailing info@beazleyfoundation.org to request a meeting or call with President Robert Best.
Timing is structural. The foundation operates on a quarterly review cycle. Historical deadlines have been February 15, May 15/16, August 15, and November 14 — but call the office to confirm current dates before scheduling your submission. The May cycle, aligned with the foundation's apparent pattern of spring commitments (including the May 2025 Pipsico payment), is a strong target for new applicants who initiate contact in February or March.
Frame every request around lasting capital impact. The foundation's documented portfolio is dominated by named endowments, physical facility upgrades, technology infrastructure, medical equipment, and vehicles — not program staffing, operational support, or conference expenses. If your project has a naming opportunity (a scholarship bearing the Beazley name, a renovated room, a technology center), articulate that prominently. Named gifts have historically motivated the foundation's largest and most sustained commitments.
Lean into Portsmouth and South Hampton Roads identity. Even with an expanded geographic scope, organizations with direct community roots in Portsmouth or the immediate region are most competitive. Organizations located elsewhere should clearly demonstrate how their work serves Portsmouth or South Hampton Roads residents.
Think long-term. The majority of top-funded grantees received 3–4 grants over multiple cycles. A first grant of $20,000–$50,000 for a well-defined capital project is a stronger entry point than a large initial ask. Robust stewardship after an initial award — impact reports, invitations to project dedications, personal communication with the president's office — builds the relationship for future cycles.
Avoid explicit applications for: environmental advocacy (standalone), national or international programs, general arts programming (standalone), conference funding, or operational support for religious institution general programming. These are explicitly excluded or rarely funded.
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Smallest Grant
$1K
Median Grant
$23K
Average Grant
$36K
Largest Grant
$125K
Based on 50 grants from the most recent 990-PF filing.
Gifts and grants - see attached schedule for part xv line
Beazley senior center
The Beazley Foundation distributes approximately $3.0M–$3.5M in annual total giving across its grantmaking and direct operations (including the Beazley Senior Center, which it operates directly). External grants paid to outside organizations have ranged from $1,586,772 (2020) to $1,801,598 (2021), a consistent band of roughly $1.6M–$1.8M in external grantmaking per year since 2019. This represents a notable decrease from the foundation's historical peak: in 2013–2015, grants paid to outside orga.
Beazley Foundation Inc. has distributed a total of $6.6M across 201 grants. The median grant size is $20K, with an average of $33K. Individual grants have ranged from $500 to $125K.
The Beazley Foundation has operated since 1948 on a philosophy shaped directly by its founder Fred W. Beazley — a Portsmouth businessman who rebuilt his fortune after the Great Depression and channeled that success into his hometown's welfare. That founding story is not background color; it is the active framework through which the foundation evaluates every application. The organization remains privately endowed, accepts no outside donations, and functions as a community steward with deep insti.
Beazley Foundation Inc. is headquartered in PORTSMOUTH, VA. While based in VA, the foundation distributes grants to organizations across 5 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Robert S Best | PRESIDENT | $226K | $0 | $226K |
| Richard S Bray | CHAIRMAN | $40K | $0 | $40K |
| W Ashton Lewis | TRUSTEE | $10K | $0 | $10K |
| Lawrence W I'Anson Iii | TRUSTEE | $10K | $0 | $10K |
| P Ward Robinett Jr | SECRETARY | $10K | $0 | $10K |
| Christine Piersall | TRUSTEE | $10K | $0 | $10K |
| John Failes | TRUSTEE | $10K | $0 | $10K |
| Diane Pomeroy Griffin | VICE PRESIDE | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$42.5M
Fair Market Value
N/A
Net Worth
$41.7M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
201
Total Giving
$6.6M
Average Grant
$33K
Median Grant
$20K
Unique Recipients
108
Most Common Grant
$50K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christopher Newport UniversityPRESIDENTS LEADERSHIP PROGRAM | Newport News, VA | $125K | 2022 |
| Childrens Hospital Of The Kings DauMENTAL HEALTH FACILITY | Norfolk, VA | $125K | 2022 |
| Odu College Of Health Sciences FounODU COLLEGE OF HEALTH SCIENCES ENDOW | Norfolk, VA | $125K | 2022 |
| Virginia Wesleyan UniversityUPGRADES-BEAZLEY STUDENT TECH CENTER | Virginia Beach, VA | $100K | 2022 |
| Portsmouth Development FoundationRENOVATIONS TO MONTGOMERY BLDG | Portsmouth, VA | $100K | 2022 |
| Chesapeake Regional Health FoundatiRICHARD BRAY CRITICAL CARE TOWER | Chesapeake, VA | $100K | 2022 |
| Access College FoundationSCHOLARSHIPS FOR PPS SENIORS | Norfolk, VA | $87K | 2022 |
| Boys & Girls Club Of Se VirginiaOPERATIONAL SUPPORT | Virginia Beach, VA | $50K | 2022 |
| Horizons Hampton RoadsSUMMER CAMPS | Norfolk, VA | $50K | 2022 |
| Childrens Health Investment ProgramOFFICE SPACE RENOVATION | Chesapeake, VA | $50K | 2022 |
| Edmarc IncPROGRAM EXPANSION | Portsmouth, VA | $50K | 2022 |
| Jacobs LadderSUMMER CAMP ENRICHMENT PROGRAMS | Urbanna, VA | $50K | 2022 |
| Regent UniversitySTUDENT CENTER PATIO | Virginia Beach, VA | $50K | 2022 |
| Portsmouth Schools FoundationRESIDENTIAL SUMMER CAMP | Portsmouth, VA | $50K | 2022 |
| Norfolk Collegiate SchoolCLIMATE CONTROL SYSTEM | Norfolk, VA | $45K | 2022 |
| Friends Of Hickory RowingFLOATING DOCK | Chesapeake, VA | $35K | 2022 |
| Roc SolidREADY BAGS AND TOOL KITS | Chesapeake, VA | $32K | 2022 |
| Chesapeake Circuit CourtDEED BOOKS FROM 1708-1788 | Chesapeake, VA | $31K | 2022 |
| Tidewater Friends F Foster CareFOSTERING PROGRAMS | Norfolk, VA | $30K | 2022 |
| Academy Of MusicSCHOLARSHIPS | Norfolk, VA | $25K | 2022 |
| Eastern Virginia Medical SchoolHEALTH SCIENCES ACADEMY EXPANSION | Norfolk, VA | $25K | 2022 |
| Ymca Of South Hampton RoadsOPEN DOOR PROGRAM | Chesapeake, VA | $25K | 2022 |
| St Matthew'S SchoolREPLACE GYM FLOORING | Virgina Beach, VA | $20K | 2022 |
| Operation Blessing InternationalHR FOOD TO FREEDOM | Virginia Beach, VA | $20K | 2022 |
| Achievable Dream AcademiesSUPPORT AAD PROGRAMS | Newport News, VA | $20K | 2022 |
| Chesapeake Bay FoundationOYSTER RESTORATION | Virginia Beach, VA | $20K | 2022 |
| Portsmouth Catholic Regional SchoolHVAC COIL AND AIR HANDLER | Portsmouth, VA | $20K | 2022 |
| Starbase VictoryPROGRAMS FOR GRADES 4-6 | Portsmouth, VA | $20K | 2022 |