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Joan And Morgan Massey Foundation is a private corporation based in RICHMOND, VA. The foundation received its IRS ruling in 2015. The principal officer is % Andrea Glasgow. It holds total assets of $9.2M. Annual income is reported at $3.3M. The foundation operates in the area of philanthropy & grantmaking. According to available records, Joan And Morgan Massey Foundation has made 41 grants totaling $2.2M, with a median grant of $50K. Annual giving has grown from $375K in 2020 to $475K in 2023. Grantmaking activity was highest in 2022 with $900K distributed across 16 grants. Individual grants have ranged from $25K to $100K, with an average award of $54K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Virginia. Contributions to this foundation are tax-deductible.
Joan And Morgan Massey Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 41 grants. Its grantmaking reaches organizations primarily in VA.
Joan And Morgan Massey Foundation has distributed a total of $2.2M across 41 grants. The median grant size is $50K, with an average of $54K. Individual grants have ranged from $25K to $100K.
501(C)(3) ORGANIZATIONS ONLY.
Joan And Morgan Massey Foundation is headquartered in RICHMOND, VA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Susan Massey | DIRECTOR | $0 | $0 | $0 |
| J H Binford Peay Iii | DIRECTOR | $0 | $0 | $0 |
| Sky Massey | BOARD CHAIR | $0 | $0 | $0 |
| Craig L Massey | PRESIDENT | $0 | $0 | $0 |
| Jose Mendoza | CHIEF FINANCIAL OFFICER | $0 | $0 | $0 |
Total Giving
$691K
Total Assets
$10.1M
Fair Market Value
$10.8M
Net Worth
$10.1M
Grants Paid
$475K
Contributions
$0
Net Investment Income
$486K
Distribution Amount
$471K
Total: $6.1M
Total Grants
41
Total Giving
$2.2M
Average Grant
$54K
Median Grant
$50K
Unique Recipients
13
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Virginia Military Institute FoundationGENERAL PEAY ENDOWMENT FUND | Lexington, VA | $75K | 2023 |
| University Of Virginia School Of EngineeringE MORGAN MASSEY DEAN'S DISCOVERY FUND | Charlottesville, VA | $50K | 2023 |
| Vcu College Of Engineering FoundationDR. BARBARA BOYAN'S HYDROGEL RESEARCH | Richmond, VA | $50K | 2023 |
| Virginia Institute Of Marine ScienceDEAN & DIRECTORS INNOVATION FUND | Gloucester Point, VA | $50K | 2023 |
| Science Museum Of Virginia FoundationTHE FORGE & THE MIX | Richmond, VA |
| Andrea C Glasgow |
| SECRETARY |
| $0 |
| $0 |
| $0 |
| Maureen Denlea | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
| $50K |
| 2023 |
| Mcv FoundationPARKINSON'S & MOVEMENT DISORDERS CENTER | Richmond, VA | $50K | 2023 |
| University Of RichmondCIE INITIATIVE | Richmond, VA | $50K | 2023 |
| Boy Scouts Of America Heart Of Va CouncilEAGLE SCOUT & SCOUT PROGRAMS | Richmond, VA | $50K | 2023 |
| Virginia Military InstituteGENERAL PEAY ENDOWMENT FUND | Lexington, VA | $50K | 2022 |
| Science Museum Of VirginiaTHE GREEN OUTDOOR PROJECT OR THE FORGE | Richmond, VA | $50K | 2022 |
| Vcu College Of EngineeringMEDICINES FOR ALL PROGRAM | Richmond, VA | $50K | 2021 |
| University Of Richmond Robins School Of BusinessMBA PROGRAM | Richmond, VA | $50K | 2020 |
| University Of Virginia Darden School Of BusinessGENERAL PURPOSES | Charlottesville, VA | $25K | 2020 |
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