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Herndon Foundation is a private trust based in RICHMOND, VA. The foundation received its IRS ruling in 1966. The principal officer is William M Gottwald. It holds total assets of $62M. Annual income is reported at $19.2M. Total assets have grown from $16.7M in 2011 to $41.5M in 2023. The foundation is governed by 3 officers and trustees. Tax records are available from 2017 to 2023. Grantmaking is concentrated in Virginia. According to available records, Herndon Foundation has made 530 grants totaling $20.6M, with a median grant of $25K. Annual giving has grown from $4.2M in 2021 to $5.7M in 2023. Grantmaking activity was highest in 2022 with $10.7M distributed across 264 grants. Individual grants have ranged from $500 to $1M, with an average award of $39K. The foundation has supported 204 unique organizations. The foundation primarily supports organizations in Virginia, Florida, Maine, which account for 97% of all grants. Grantmaking reaches organizations across 7 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$15K
Average Grant
$35K
Largest Grant
$600K
Based on 118 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Herndon Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 530 grants. Its grantmaking reaches organizations primarily in VA, FL, ME.
Herndon Foundation has distributed a total of $20.6M across 530 grants. The median grant size is $25K, with an average of $39K. Individual grants have ranged from $500 to $1M.
The application deadline is AUGUST 1ST. The foundation awards grants to organizations which are tax-exempt under irs section 501(c)(3) and are not private foundations as described under section 509(a). Qualified nonprofit organizations throughout the commonwealth of virginia are eligible for support; however, major preference will be given to agencies in the richmond metropolitan region. The foundation requires all prospective applicants to have a current portrait on connectva.
Herndon Foundation is headquartered in RICHMOND, VA. While based in VA, the foundation distributes grants to organizations across 7 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| William M Gottwald | TRUSTEE | $0 | $0 | N/A |
| James T Gottwald | TRUSTEE | $0 | $0 | N/A |
| John D Gottwald | TRUSTEE | $0 | $0 | N/A |
Total Giving
$6M
Total Assets
$41.5M
Fair Market Value
$125.9M
Net Worth
$41.5M
Grants Paid
$5.7M
Contributions
$14.2M
Net Investment Income
$7.9M
Distribution Amount
$5.7M
Total: $33.6M
Total Grants
530
Total Giving
$20.6M
Average Grant
$39K
Median Grant
$25K
Unique Recipients
204
Most Common Grant
$25K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vmi FoundationGENERAL OPERATING SUPPORT | Lexington, VA | $1M | 2023 |
| University Of RichmondGENERAL OPERATING SUPPORT | Richmond, VA | $584K | 2023 |
| Virginia Museum Of History And CultureGENERAL OPERATING SUPPORT | Richmond, VA | $250K | 2023 |
| J Sargeant Reynolds Community College Educational FoundationBIOTECHNOLOGY LAB FIT OUT | Richmond, VA | $200K | 2023 |
| Up RvaGENERAL OPERATING SUPPORT | Richmond, VA | $100K | 2023 |
| Mcv FoundationIN SUPPORT OF THE GOTTWALD INDIGENT CARE FUND | Richmond, VA | $95K | 2023 |
| Anna Julia Cooper Episcopal SchoolGENERAL OPERATING SUPPORT | Richmond, VA | $85K | 2023 |
| United Way Of Greater RichmondGENERAL OPERATING SUPPORT | Richmond, VA | $75K | 2023 |
| Ymca Of Greater RichmondGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Partnership For The FutureGENERAL OPERATING SUPPORT | Glen Allen, VA | $50K | 2023 |
| SwimrvaGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Higher AchievementGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Mentor VirginiaGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Science Museum Of Virginia FoundationHELWIG KNOLL PLEDGE PAYMENT #4 - $300,000 REMAINING | Richmond, VA | $50K | 2023 |
| Nextup RvaGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Shalom FarmsGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Virginia OperaGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| St Andrews SchoolGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Virginia League Of Planned ParenthoodGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| HumankindGENERAL OPERATING SUPPORT | Lynchburg, VA | $50K | 2023 |
| ActsGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Blue Sky FundGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Lackey ClinicGENERAL OPERATING SUPPORT | Yorktown, VA | $50K | 2023 |
| Peter Paul Development CenterGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Cristo Rey RichmondGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Big Brothers Big Sisters Services IncGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Virginia Museum Of Fine ArtsGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| FeedmoreGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| GraspGENERAL OPERATING SUPPORT | Glen Allen, VA | $50K | 2023 |
| YwcaIN SUPPORT OF THE SPROUT SCHOOL | Richmond, VA | $50K | 2023 |
| The Richmond BalletGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Boys And Girls Club Of Metro RichmondGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| The Sacred Heart CenterGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Groundwork RvaGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| Neighborhood Resource CenterGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| The Virginia HomeGENERAL OPERATING SUPPORT | Richmond, VA | $50K | 2023 |
| St James Children'S CenterGENERAL OPERATING SUPPORT | Richmond, VA | $35K | 2023 |
| Scholars Latino InitiativeGENERAL OPERATING SUPPORT | Harrisonburg, VA | $30K | 2023 |
| Trinity Episcopal SchoolGENERAL OPERATING SUPPORT | Richmond, VA | $30K | 2023 |
| Collegiate SchoolGENERAL OPERATING SUPPORT | Richmond, VA | $30K | 2023 |
| Greater Richmond Fit4kidsGENERAL OPERATING SUPPORT | Richmond, VA | $30K | 2023 |
| American Civil War Museum - Historic TredegarGENERAL OPERATING SUPPORT | Richmond, VA | $25K | 2023 |
| Central Virginia Legal Aid SocietyGENERAL OPERATING SUPPORT | Richmond, VA | $25K | 2023 |
| Jacob'S LadderGENERAL OPERATING SUPPORT | Urbanna, VA | $25K | 2023 |
| Capital Region Land ConservancyGENERAL OPERATING SUPPORT | Richmond, VA | $25K | 2023 |
| Maggie Walker Community Land TrustGENERAL OPERATING SUPPORT | Richmond, VA | $25K | 2023 |
| Little Hands VirginiaGENERAL OPERATING SUPPORT | Richmond, VA | $25K | 2023 |
| HomeagainGENERAL OPERATING SUPPORT | Richmond, VA | $25K | 2023 |
| Goodwill Of Central And Coastal VirginiaGENERAL OPERATING SUPPORT | Richmond, VA | $25K | 2023 |
| Rework RichmondGENERAL OPERATING SUPPORT | Richmond, VA | $25K | 2023 |